This is the K-line of ETH 4-hour chart. In the last trend, when 1795 gave a bullish trend, the pressure level we referred to was 1860. At that time, we said that after going up, if KDJ did not turn around, we would not enter a short position. In the end, the highest bullish trend reached 1898, breaking the suppression of the middle track of the Bollinger Band and running on the upper and middle track of the Bollinger Band.
When KDJ showed signs of a death cross today, the price had already fallen back to around 1870, which means that the 4-hour bulls were delayed and the upper side was weak, but it was too late to understand. I had to wait until it fell back to around 1850 before I made a long order. The highest rebound was no more than 1880. This wave of short-term bulls entered based on the rebound demand of the hour, combined with the middle track support of the 4-hour chart. At that time, the hourly chart KDJ was in an oversold state, the golden cross demand was strong, and the K-line supported the lower track of the Bollinger band and closed the long-legged K-line. At that time, it was close to 18:00, and the hourly chart closed the lower foot lead, which was the demand of the bulls. I bought a lot
Don't go short if there is demand. If you go long, you can go short when it reaches resistance first, and go long when it reaches the bottom first. Don't go in the middle. At this time, the KDJ on the 4-hour chart has crossed downward, and the price is around 1850. Wang Yu missed this wave of downward shocks, but he did nothing wrong if he missed it. At this time, wait for the next trend. If it looks like it's around 1900, go short, or go long at 1800. #ETH
