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Crypto Academician: 2024.8.17 Ethereum (ETH) Latest Market Analysis Reference
Yesterday, most of the long orders near 2550 of Ethereum had already been entered. Those who did not enter the market can only wait for a pullback. If the market does not step on it, wait for the next opportunity to go short at a high level. Wait for now. Those who have entered the market should hold on patiently, and the target is to pocket the market in the range of 2700 to 2750. It can be seen that Ethereum is currently correcting upward with strong force, and has directly come to the pressure level of 2630. The pressure level of the EMA15 fast indicator above is at 2715, and it still takes time to hold on. The KDJ indicator diverges and shrinks downward, and the Bollinger Bands spread downward and the top and bottom pressure supports change. The MACD bottom diverges and increases in volume. The golden cross of DIF and DEA has been formed. The previous article mentioned that you should enter the market before the golden cross, that is, enter below 2550, and just hold on
The four-hour K-line shows a bullish indicator of a positive-enclosing-negative trend, returning to the EMA trend standing point of 2630. After it stabilizes, the bulls will further stretch, so the focus is still on the resistance above 2600. The Bollinger Band opens downward, and the K-line will be pulled to the Bollinger Band's medium resistance point of 2645. MACD shrinks and increases, and DIF and DEA are about to cross the energy indicator. The idea is to keep low and long, set a good stop loss and do a good job of risk control, and leave the rest to time.
The specific reference suggestions are as follows: 2530 long holding
Buy in batches below 2500 to 2550, target 2650 to 2700, stop loss 40 points
Sell in batches from 2850 to 2880, target 2750 to 2650, stop loss 40 points
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!
