Extremely exaggerated! The latest Ethereum market analysis and forecast by the academician of the currency circle on May 22 is unique and will leave you stunned
Yesterday, I arranged a short position at 3220 and set a stop loss at 3250. I have been waiting since I left the market, waiting for a callback. I will not make a single order if the trend does not callback. This is the principle of trading. Some habits must be developed and persisted in order to go further. Fast is slow, slow is fast. The more you are eager for quick success, the less you will get the results you want. On the contrary, if you slow down all the rhythms and lower your desires, we may get the results you want. In contrast, this is the fastest way, isn't it? As long as you set a good stop loss point, even if It is okay to exit with a small loss if the trend reverses. At least we are still in this market.
As of 2:00 a.m. before the release of this article, the current price of Ethereum is around 3740. The daily K-line has reached a high of 2845. It has been from 3050 to 2845 for two consecutive days. Such market conditions are rare in history. The EMA trend indicator has begun to rise. The fast line EMA15 is still exerting its strength. It is expected that it will take a few days to provide a new support point for the K-line. MACD continues to increase in volume and funds. DIF and DEA form a polarization. After the Bollinger Bands opened, the K-line broke the upper track. KDJ was blocked at 2850 and fell back by more than 100 points. The overall idea is that the high position is sideways.
It is not known whether the four-hour K-line is a vacuum or a trap. MACD begins to move downward with large volume. After the Bollinger Band opens, the K-line also falls below the upper track and returns to the Bollinger Channel. The middle track is supported at 3300. The space is too large and the risk is too large. KDJ is blocked at 2850 and begins to fall back and close, but the closing position is indeed at a high level. It is difficult for small investors to enter the market with this trend. The EAM trend indicator has been strongly stretched and spread upward since it broke through 3150. The EMA15 fast line also broke 3460 and is expected to reach around 3600 or even higher within the day. In terms of thinking, no callback, no order, no rush to history Do not place an order at the highest point
The specific operation ideas are as follows:
The entry point for short selling refers to the layout of 4040 to 4070, stop loss 4100, the first exit point is 2950 to 2900, and the second exit point is 2850 to 2800
The entry point for long selling is 3650 to 3600, stop loss 40 points, exit point reference 3800 to 3850, and the second exit point reference 3950 to 4000
The specific operation is based on the real-time data of the market. For more information, please contact the author. There is a delay in the release of the article. The suggestion is for reference only and the risk is borne by the user.
As a senior person in the cryptocurrency circle, I have been committed to providing useful advice to everyone, hoping that everyone will take fewer detours and make fewer wrong orders in this market. Although I am sincere, the road of investment still needs to be explored by yourself, and learning is endless. The experience learned is the real wealth!
There is no need to over-display your strength. The key is to get more people's recognition. On the road of investment, it is more important to do yourself well than to prove your strength to others. Whether it is a mule or a horse, you will know it by pulling it out for a walk.
I am an academician of the cryptocurrency circle and a warrior who has been protecting leeks. I wish my fans to achieve financial freedom in 2024. Come on!