9.7 This week, there is no loss order again. Bitcoin has made a profit of 4150 points again, and Ethereum has successfully stopped profit at 2200. Suggestions on Ethereum operation on Saturday
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—I am analyst Li Hong (written at 8:07 am)
From the technical analysis point of view, Ethereum has fallen to around 2150 in the early morning of this morning and then rebounded. After that, it has been fluctuating around 2200 during the day. From the 4-hour chart, the Bollinger Bands are slowly flattening. Ethereum has a short-term retracement after rebounding to the lower track position, and the MACD rising momentum column has a short-term shrinkage! At present, the only safest operation for us is to short on the rebound.
Here I would like to remind friends who are still holding long orders that they can use the rebound of the currency price to reduce their positions and exit. If you insist on holding on to your long position before this, the consequences are self-evident. Without knowing your funds, positions, and work and rest time, I can't give you a substantial solution. If you need a detailed solution, please see Figure 1 and find me to communicate. I can only give you an idea, then short at a high position to lower the average price and reduce losses! We must focus on the present, make good use of the current big market, and obtain more profits, thereby reducing the losses caused by the long positions above.
The above analysis only represents the author's personal views and does not constitute a specific operation. The article has a lag. If you operate based on this, you will be responsible for your own profits and losses. Investment is risky and you need to be cautious when entering the market.
