4.16 Ethereum midday market analysis and operation suggestions:

Ethereum broke through the 3210-3190 range last night, that is, the 4-hour EMA15 moving average was broken, so Li Hui did not consider entering the long position, and should mainly go short. Sure enough, the market formed two large retracements at night, with the low point at 3024; looking at the 4-hour K line, it is about to approach yesterday's low point, MACD is also moving downward in large volume, DIF has turned downward, and the J value in KDJ is close to 0, which means that there is not much room for the bottom to go down, so you can always pay attention to its shape change;

From the daily level, the coin price is about to be lower than Yesterday's closing price, then we need to consider a retracement to test the support of EMA120. MACD has been negative for 5 consecutive times, so we need to consider that the market may form a large correction at any time before the halving. It is recommended to enter the market with a low-long layout. It is the safest; it is recommended to go long when the retracement test supports 2915-2925 (higher than the closing price on the 14th). If it breaks 2910, go short and wait and see; aggressive investors can enter the market with a light long position at 2990-3000; the stop profit is set near 3100. There is a delay in the review of the article, and the market is changing rapidly. Please take the stop profit and stop loss, and stop when you see the profit! I, Li Hui, interpret the world economic news and analyze the major trends in the global currency circle. During my further studies in the United States, I have conducted in-depth research on BTC, ETH, LTC, DOT, EOS, BNB, SOL and other currencies. For those who do not know how to operate, please follow my homepage and leave a message #etf #比特币减半 #大盘走势 #新币挖矿 #非农数据 $BTC $ETH