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I am an academician of the crypto and a warrior who has always been protecting the leeks. I wish my fans to achieve financial freedom in 2024. Let’s cheer together!
Crypto Academician: 2024.5.18 Ethereum (ETH) latest market analysis reference
How much did you guys get in this wave? Yesterday and the day before yesterday, two consecutive articles mentioned that there were many positions from 2950 to 2930, and finally the position was around 3100, with a space of 150 points. In addition, the beginning of yesterday’s article said that there were many positions in the current price layout, and the points were accurately grasped. At present, the short position is waiting for the opportunity, waiting for the opportunity for the main force to step back.
Let's look at today's market. As of 3:00 a.m. before press time, Ethereum's current price is 3080. The daily K-line is similar to expectations. It has started to stretch after standing at 150 for the EMA trend indicator. Now it is hitting the highest pressure point of 3130 for the EMA trend indicator and is blocked. Pay attention to the support near yesterday's opening price of 3030. After all, the EMA has begun to shrink, which means that new liquidation is brewing. The upward opening and diffusion of KDJ has not yet been completed. The bottom divergence of MACD has lasted too long. The volume of increased funds has increased dramatically. DIF and DEA have risen and spread upward. The daily K-line has also broken the pressure of 3030 in the Bollinger Band. It is worth noting that the top pressure level of the Bollinger Band has begun to move downward and has reached 3220. The shrinking market means high-level consolidation.
The four-hour K-line is blocked at 3120. This is the normal performance trend in the current market. If it directly breaks through 3120 and stretches to 3250, it will be abnormal. There must be a wave of retracement to form a virtuous cycle. At present, the four-hour K-line has retraced to the EMA trend indicator 170, which is near 3070, but it is not enough. The fast line of EMA15 has not arrived near the K-line, so the retracement will continue. Pay attention to the support between 3050 and 3030. At this time, the fast line of EMA15 has basically reached the K-line position. It is expected to trigger a rebound mechanism near this position. The upward diffusion of KDJ is blocked at 3120 and then falls back. It can be seen that there is still strong resistance above in the short term. MACD increases its volume, but DIF and DEA do not leave the volume indicators. After the K-line breaks the upper track of the Bollinger Band, it returns to the Bollinger Channel. The defensive point can pay attention to the position of the middle rule of the Bollinger Band at 2975. The idea is to focus on retracement and supplement it with high altitude.
The operation ideas of ultra-short contracts are as follows:
For long entry, pay attention to the layout of 3050 to 3030 range, defend 2975 to 2985 range to add more positions, stop loss at 2950, the first exit point refers to the 3120 to 3150 range to exit part of the market, and the rest continues to look at the trend pressure level of 3220 to 3250 range.
The short-term short-term idea is relatively radical, and the risk is greater than the benefit. It is recommended to focus on the pullback and not short for the time being. If you want to survive in the crypto for a long time, reduce the frequency of opening orders and reduce the tolerance rate. Learn to wait for opportunities with short positions and be less of a leek.
The specific operation is based on the real-time data of the market. For more information and details, please contact the author. There is a delay in the release of the article. The suggestions are for reference only and the risks are borne by the user.
This article is exclusively contributed by the academician of the crypto, and only represents the exclusive views of the academician. There are in-depth studies on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the time of article push, the above views and suggestions are not real-time, for reference only, at your own risk, please indicate the source for reprinting, and reasonably control the position when making orders, and do not operate with heavy or full positions. The academician also hopes that all investors understand that the market is always right. If you are wrong, you should summarize your own problems and don't let the profits that should have been obtained fly away. There is no need to be smarter than the market in investment. When the trend comes, respond to it and follow it; when there is no trend, observe it and be quiet. It is not too late to wait for the trend to finally become clear before taking action. Tomorrow's success comes from today's choice. God rewards diligence, earth rewards kindness, humanity rewards sincerity, business rewards trust, industry rewards excellence, and art rewards heart. Gains and losses are inadvertent. Develop the habit of strictly taking stop loss and stop profit for each order. The academician of the crypto wishes you a happy investment!
