5.16 Zhang Lihui: Seeing through the main force's hype and inducing short selling, the operation of pulling the market to clean up the short selling has been verified again. Believers can gain more than 120 points from Ethereum! Today's Ethereum (ETH) market analysis and operation reference #Megadrop #5月市场关键事件 #ETFvsBTC #新币挖矿 $ETH $BTC
Ether's 3-day low-long 2900 layout finally saw the result, with a perfect profit of 70 points + twice. Yesterday's layout mentioned that it could enter below 2900, stop loss 2805, and take profit 2945-2975; if it breaks through 3005, it can continue to hold to 3040. Although it has not reached 3040 yet, Li Hui thinks it is not a big problem. Compared with the big cake, it seems a little unsatisfactory, but after all, it is the second one. Don't worry too much. I believe that Ethereum can also make up for the rise. This is a matter of time; in addition, it is worth being happy that the market once again verifies that the so-called two-day bad news of the dealer is just a prelude to last night. It seems that the air force is sufficient this time, and the dealer's fund-raising effect is perfectly achieved! The dealer first creates momentum, and then uses the momentum to wash out the shorts. In addition, the three major stock indexes opened low and went high last night, and broke the historical high. What does this mean? This pull will set off a new wave of financial markets! It will attract a large number of financial enthusiasts to enter the market! It will have a very good effect on economic promotion!
5.16 Ethereum market analysis and operation suggestions:
Ethereum 4-hour K-line shows that the currency price is approaching the top double trend line cross pressure position, which is also the EAM120 key position mentioned in yesterday's article. After all, Ethereum has not broken like the big cake, so this should also be guarded against. In the KDJ value, all three lines perform very well, and there continues to be overbought phenomenon. The J value has reached 109; MACD continues to increase above the 0 axis, and the volume value is close to the 5-day high. DIF also enters above the 0 axis from the negative state, and is far away from DEA! It shows that there is still a large range for the currency price to rise!
From the daily level, the currency price is just close to the trend line and EMA120. Once it breaks, the currency price will have a large upward space. The KDJ three lines have just begun to turn from the bottom and cross the three lines upward. I personally think this is a good start. After all, the lows have just begun. It can be clearly seen in MACD that the energy below the 0 axis has not slowly decreased and approached the 0 axis, but directly reversed above the 0 axis and tried to increase the volume successfully. The golden cross phenomenon of DIF and DEA depends on whether it can be successfully formed before the closing. From the disk data, there is no problem at all. After all, it is also the first large volume above the 0 axis!Then we will also be wary of a long-short shift, after all, you all know what that is!
In summary, the price of the currency still has a large upward space, but it will not only rise but not fall. The key trend support line can be entered. The overall idea is to retrace low and long! Short orders need to be arranged in combination with the changes in the market!
It is recommended to pay attention to the 2990-2975 range below, and lightly increase by 5% if it does not break; continue to reserve 5% of the space for replenishment below, that is, you can enter below 3020, stop loss 2920, and take profit 3060-3110-3160; if it breaks, look at 3170 and continue to hold it to around 3200;
There is a delay in the review of the article, and the market is changing rapidly. For more real-time orders, you can follow the public account and my name to obtain it. Please strictly take profit and stop loss when entering the market, and stop when you see good!
I, Li Hui, interpret the world economic news and analyze the major trends in the global cryptocurrency 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. Friends who don’t know how to operate are welcome to leave comments!