5.12 Zhang Lihui: Giant Whale = G Zhuang, the trap of short selling is called back again and the shorts are blown up! Today's Ethereum (ETH) market analysis and operation reference #新币挖矿 #BTC走势分析 #ETFvsBTC #ETH
5.12 Ethereum market analysis and operation suggestions:
Ethereum 1-hour line is the same as expected. Sure enough, after the trend line broke, a big positive line was formed, piercing the top of EMA30 and then quickly closed. After forming the pin state, the coin repeatedly tested the EMA30 moving average position. The energy above the MACD is shrinking, and the distance between DIF and DEA is closing, indicating that there is still room below the market that has not been completed, but the space is not very large, so you can rest assured!
In the 4-hour chart, the price of the currency has been moving down with the EMA10 moving average after hitting the high EMA10 moving average, and it is possible that it will retreat again to test the bottom trend line; in MACD, the energy below continues to shrink and is close to the 0 axis position, and DIF continues to approach the upper DEA. Then, after the lower space is completed within the day, this golden cross will be generated sooner or later, and the upper part of the 0 axis is estimated to start to increase in volume. After the KDJ three-line bottom turns, it intentionally forms a cross near the K value of 25 and turns upward; in fact, whether this bottom cross is formed or not does not matter much, because the J value is not far from the bottom! Li Hui thinks that it may be better if the space below falls, then the rebound will be particularly stable!
Based on the above indicators, there is still a certain space below, and you can continue to maintain the idea of retreating low and long. If the 2870-2850 below is not broken, you must not chase the short position, and you would rather wait and see with a short position!
It is recommended to pay attention to the support of the 2850-2875 range below. If it is not broken, you can add 5% of the position below 2820, and stop profit at 2965-3005-3045; if it breaks, you can continue to hold the 3060-3080 range!
The entry point of the short order can be considered to enter the market at the key position of the multi-trend line (as shown in the figure), and the specific operation is mainly based on the real-time market changes!
There is a delay in the review of the article, and the market is changing rapidly. For more real-time orders, you can follow my name on the official account. Please strictly take the stop profit and stop loss when entering the market, and stop when you see the good!
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 in-depth research on BTC, ETH, LTC, DOT, EOS, BNB, SOL and other currencies. For all coin friends who don’t know how to operate, please leave comments! $ETH $BTC