Currency academician: $$2024.3.20 Ethereum (ETH) market analysis reference
The market price of Ethereum came as expected yesterday. I reminded everyone to follow the trend and not to grab orders against the trend. The idea given yesterday was to go short with the trend, with a target of 3230. As of press time, the current price of Ethereum is around 3200, and the lowest has reached the big support point below. 3150, the market will not always go one way. You can see that after the opening in the morning, Ethereum opened low and moved high. The daily K-line started to pull back from the trend line of EMA60 at 3135. The MACD shrinkage is still a bearish trend. DIF and DEA are expected to cross the 0 axis in the next few days to end this big washout. KDJ has begun to stop falling, and the market may Today is a new round of consolidation cycle,
The four-hour short-term trend, the short-term trend is very strong, and the K-line is indeed pulling back. There is a small-scale correction in the short-term. At the top, focus on the pressure level of 3300 integer mark. MACD shrinks upward, KDJ closes upward, and the lower Bollinger Bands stand at 3180. There is a short-term bullish trend. The wave space can be grasped. The two-hour K-line closed positive. After MACD shrank and went up, the KDJ golden cross formed. The mid-rail pressure level reached 3365. Taking advantage of the trend, there is a wave of bull space.
For short-term ideas, it is recommended to follow the trend, pay attention to the first pressure level of 3300, the second pressure level of 3350, and stop loss 3170. For short rallies, focus on the second pressure level of 3350 and 3400, with a stop loss of 3420. The specific operation suggestions are based on real-time strategies. Article It takes time to review the release. It is recommended that you bear your own risk for market analysis and operation suggestions only. Please refer to the synchronization of big pie and concubine ideas to strictly prohibit heavy position operations. Risk control is the first priority. The market is changing rapidly. Don’t be greedy. Specific operations are based on real-time Strategies are the main focus, analysts are for reference, and the risks are at your own risk.
This article is exclusively contributed by academicians of the currency circle and represents only the exclusive views of academicians.
