Every day, I will share my personal operational suggestions at the end of the public account for fans to share. Replaying yesterday, regardless of right or wrong, is in the past. Today, we continue to move forward side by side.
Click to watch: Coin Emperor: Is this the legendary bull coming? What can I do if time goes back?
Looking at the 4-hour chart of Ethereum, there is currently a resistance level at the high point of the weekly line at 2385-2400, which has not been broken after multiple attempts. Therefore, the downward momentum starts from breaking the support line of 2300-2320. The previous trend was a relatively regular narrow-range oscillation. Therefore, after the first attempt to test the 30-day moving average at 8 am today, the downward breakthrough began. In fact, why do we need to defend in the short term? It's because short-term attempts are made within a range of regular oscillations. Once this structure changes, it's time to exit and make timely adjustments. Your entire mindset will only wake up when you exit, otherwise, you will fall into an endless abyss until you can't hold on anymore. This understanding comes slowly through long-term practice. Of course, many people will not understand it. Only those who truly understand will be able to navigate the market with ease, after all, the uncertainty of the market is happening every day. So, we are just trying to adapt to the current market in order to better grasp the present! From the current low point of around 2120, the rebound begins. Upon careful recollection, we will find that the weekly line has effectively fallen back from the top near 2120 several times in the previous period. From the entire trend, it is still a successful conversion of the top pressure to bottom support. The key support level that can still be referred to at present is 2120-2140! The box support can be referred to as 2000-2020. The upper pressure can currently be referred to as short-term 2300/K-line pressure can be referred to as 2380-2400.
Follow the Coin Emperor public account: Opportunities are created in time periods every day, there is no need to rush, the original intention has never changed. While creating profits, focus professionally on risk control, making investments valuable and long-lasting. Also, not to disappoint the past encounters and trust. Real-time guidance is available every day, and I am online 24 hours. If you have any questions, you can leave a message. All strategy ideas are open and free, the only designated team to follow.
Mainly targeting spot, contract, BTC/ETH/ETC/LTC/EOS/BSV/ATOM/XRP/BCH/LINK/TRX/DOT
Specializing in styles, mobile lock-up tactics around high and low support and pressure levels
Short-term wave high and low positions, medium and long-term trend orders, daily extreme retracements, weekly K-line top predictions, monthly line top predictions
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