12.12 Zhang Lihui: Ethereum Market Analysis and Trading Suggestions:
Ethereum has ultimately stood above the 4-hour MA60 line, so the next resistance is at the MA30 level. However, the current upper Bollinger Band has already crossed above the MA60, and it is possible that the bulls may continue to push higher. If a breakout occurs, we can continue to adjust the short entry point, which can be placed at the Fibonacci retracement resistance level of 3960 shown in the chart. Therefore, today's upward target for the pullback can be set at the middle band, with the current level at 3702. It is currently in a rising pattern and may continue to move up. The MACD continues to expand above the 0 axis, and the golden cross is still opening up, so we will continue to wait for the short-term bulls to finish their entry.
On the daily chart, the Bollinger Band is still moving upward, and the current K-line has broken the middle band, aiming for the 4-day high, which is very close. There is a high probability it will reach near the 5-day high. However, the MACD's fast and slow lines are still in a death cross, and there is a slight convergence currently, so we cannot rule out the presence of bears. It is not recommended to chase long positions at the current level; continue to wait for high short positions to enter. If the support does not break on the pullback, we can enter long again. We can also pay attention to the position of Ethereum when Bitcoin approaches the 104000 level for layout!
At 6:03 AM Beijing time on December 12, the editor suggests shorting in the 3920-3960 range with a stop loss of 30 points; the target is set at 3810-3720. If it breaks below the 3710-3680 range, you can continue to hold.
For long positions, pay attention to the 3680-3710 range; do not enter if it breaks. Specific entry opportunities can be based on Lihui's real-time notifications!
There may be delays in article review and push notifications; the market changes rapidly, and specific entry opportunities must be combined with real-time operations. The suggested levels in the article are for reference only; do not operate with heavy positions. Please set take profit and stop loss when entering, and take profits when available!
I, Lihui, interpret global economic news and analyze major trends in the cryptocurrency market. During my studies in the U.S., I conducted in-depth research on BTC, ETH, LTC, DOT, EOS, BNB, SOL, and other cryptocurrencies. I welcome comments and messages from those who are not familiar with trading!
Scan below to follow the author and add Lihui for more real-time strategies and free solutions daily!
This article is exclusively published by (WeChat Official Account: Zhang Lihui) and is for reference only; risk is borne by the reader. May we remain humble and brave in the complex cryptocurrency market, unafraid of challenges and willing to explore. As the saying goes, "The road ahead is long and has no ending; yet high and low I'll search with my will unbending." I hope we keep pace with the times, absorb wisdom, travel thousands of miles, weather storms, and gain insights into life.
May you, under Lihui's guidance, leverage your strengths and avoid weaknesses, create value, and remember the market's trials, staying true to your original intentions. In the wave of digital currency, may we hold onto our beliefs, forge ahead, and together compose a brilliant future, sharing the joy of success. Let us work hand in hand to create brilliance on this investment journey filled with challenges and opportunities!
Warm reminder: The above content is solely created by the author of the official account. The advertisements at the end of the article and in the comments section are unrelated 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。
