金财谈币: Ethereum short-term retracement support gradually waiting for bottoming, complete bottoming and then proceed with subsequent breakthroughs!
Every day, personal suggestions will be published in the live trading group, grasping key points, controlling positions well, and following the trend, mainly focusing on spot, contracts, adept at trend layout, operating around short-term waves, medium and long-term trends, daily, weekly, and monthly trend tops and bottoms prediction!
Click to watch the video: 金财谈币: Ethereum short-term retracement support gradually waiting for bottoming, complete bottoming and then proceed with subsequent breakthroughs!
The Ethereum market also experienced a short-term retracement and decline yesterday. As mentioned yesterday, in order to continue the breakthrough in the short term, it is necessary to go through a retracement correction before opening up the subsequent market range. Waiting for the support near 2200-2220 for the decline, the market also fell as expected. Seizing the opportunity of the market is key!
Currently, the intraday market is oscillating and correcting around the upper MA30 support. The short-term oscillation and bottoming are still quite obvious. For the subsequent market, it is still necessary to wait for the completion of the bottoming and support before proceeding with the breakthrough. Because the current daily chart indicators are also in a low position and moving upwards, waiting for the correction support before opening up the subsequent market range is essential. Just wait for the completion of the bottoming!
Therefore, for the intraday operations, the support below is still near 2200. Currently, aggressive short-term traders can look for the strength of the upward rebound. The resistance above is at 2260-2280. After breaking through the resistance, continue to look up to 2400 or even 2600 to follow the long-term trend. If the support below cannot be held, the defensive support is near 2140. When the short-term dips, you can directly bottom fish. Just wait for the completion of the bottoming and then proceed with the subsequent long-term trend!
The market fluctuates quickly. Due to the impact of review timeliness, for the subsequent market trends, real-time layout in the live trading group is the main focus, and the suggestions are for reference only!
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