Coin Circle Academician: 9.14 MACD signal is strong! Can the bullish trend of Ethereum continue? Latest market analysis

CN
1 year ago

The essence of trading is survival, followed by profit. Therefore, before each operation, think carefully about whether your actions are reasonable and whether your principal is safe. You need to develop your own trading mindset, continuously optimize and improve it. The advice of the cryptocurrency academician may not make you rich overnight, but it can ensure that you always have a chance. Only those who survive in the cryptocurrency circle for the long term and persist until the end can achieve the results they desire. I hope you can understand.

I am a warrior who has always been protecting the "leeks" in the cryptocurrency circle. I wish my fans to achieve financial freedom in 2024. Let's work hard together!

Cryptocurrency Academician: Ethereum (ETH) Latest Market Analysis Reference for September 14, 2024

The current price of Ethereum is 2410. It is now 1:30 AM Beijing time. The daily K-line has broken the EMA15 trend indicator pressure level of 2405. It is still trading sideways here. The EMA30 trend line pressure level is at 2510. The MACD is showing increasing momentum, and the bottom deviation continues. The daily Bollinger Band box has reached the top middle pressure level of 2440. Now it depends on whether it can break this key level. Because the KDJ has been diverging for a long time, there is a possibility of a pullback. Therefore, those who went long at 2220 and 2330 must pay attention to the risk of market retracement. If the retracement breaks 2370, long positions can be profitably closed.

Looking at the 4-hour K-line, it has already crossed the EMA90 pressure and turned into support at 2400. Pay attention to this level, although the support is not strong. The strongest support is at the intersection of EMA15 and EMA60, which is 2370. The MACD shows increasing momentum, and the DIF and DEA have not yet moved out of the energy indicator, indicating that the bulls have not finished yet. The Bollinger Bands are widening, and the K-line has reached the upper rail at 2400. The bullish trend has already emerged. Whether it can continue depends on whether the retracement support can hold. The short-term strategy is still mainly focused on going long. Remember, don't trade against the trend.

Short-term strategy reference: Safety first. Remember, the market is not always predictable, so always set a stop-loss. Safety first. Small losses and big gains should be the goal.

Long positions: Buy more in the range of 2370 to 2350, defend at 2330 to 2310, add positions, set a stop-loss of 50 points, and target 2430 to 2450. If it breaks through, target 2520 to 2560.

Short positions: Sell in the range of 2550 to 2520, target 2450 to 2400. If it breaks through, target 2400 to 2370, set a stop-loss of 30 points.

Specific operations should be based on real-time market data. For more information, please consult the author. The article is published with a delay and is recommended for reference only. Trade at your own risk.

This article is exclusively provided by the Cryptocurrency Academician and represents the academician's exclusive viewpoint. The viewpoints and suggestions regarding BTC, ETH, DOGE, DOT, FIL, EOS, etc., are not real-time due to the timing of the article's release and are for reference only. Trade at your own risk. When reposting, please indicate the source. It is important to control your position reasonably and avoid heavy or full positions. The academician also hopes that all investors understand that the market is always right. If you make a mistake, you should reflect on your own issues and not let the potential profit slip away. There is no need to be smarter than the market in investing. When the trend comes, follow it; when there is no trend, observe and wait. It's not too late to act after the trend becomes clear. Tomorrow's success comes from today's choices. Heaven rewards hard work, earth rewards kindness, people reward sincerity, business rewards trust, industry rewards precision, and art rewards heart. Gains and losses happen inadvertently. Develop the habit of strictly setting stop-loss and take-profit for each trade. The Cryptocurrency Academician wishes you a pleasant investment experience!

Friendly reminder: The content above is created by the author's public account. The advertisements at the end of the article and in the comments section are not related to the author. Please discern carefully. Thank you for reading.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink