Jincai Talk Coin: Ethereum oscillates back and forth to complete the correction and build a bottom for absorption, and after the absorption is completed, it will continue to break through!

CN
1 year ago

金财谈币: Ethereum oscillates back and forth to complete the correction and build a bottom for absorption, and after the absorption is completed, it will continue to break through!

Every day, personal suggestions will be posted in the live trading group to grasp the key points, control positions well, and follow the trend. Mainly focusing on spot, contracts, and adept at trend layout, operating around short-term waves, medium and long-term trends, daily, weekly, and monthly trend tops and bottoms prediction!

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The Ethereum market continues to oscillate and correct around the support below. After the sharp drop in the market on Monday, the short-term is currently undergoing oscillation and correction around the support below to absorb funds. After the market experiences a sharp rise and fall, there will definitely be a corrective oscillation. This is also the reason for the continuous oscillation of the market in the past two days. As for the intraday trend, the daily chart is also oscillating around the support of MA20 below. After the short-term correction, it can continue to rise. Therefore, for the intraday market, the support below remains unchanged at 2180-2200. Intervention in long positions can continue after retracement below the support, and then wait for a breakthrough. The short-term resistance above is at 2260-2280. After breaking through, it can continue to rise. Further pressure is at 2400 or even 2600. Following the long-term trend is enough. If the support below cannot be held, the defensive support is at 2100-2110. Buying the dip can be done here, waiting for the completion of the bottoming out after the support below is corrected, and then continue to follow the subsequent rising trend!

The market fluctuates quickly. Due to the impact of review timeliness, real-time layout in the live trading group is the main focus for the subsequent market trends, and the suggestions are for reference only!

Official account: Daily Classroom of the Coin Circle

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