Empty talk and paper talk are things that everyone can do, there are no "ifs", and no need to regret missed opportunities! From now on, you must take this market seriously! Li Hui will continue to uphold professional knowledge, meticulous analysis, and unique position-building techniques, assisting every coin trader to successfully obtain valuable wealth and continuously realize their own value in the coin circle!
Yesterday morning's Ethereum low long layout suggested paying attention to the 3005-2975 range without breaking for long positions, with a stop loss at 2945; take profit at 3045. The first target was reached, but after the article was published, the market immediately surged to the 3060 position, then formed a retracement range oscillation. Li Hui also positioned a high short above 3036 and set a take profit point at 2990. After a day of continued market oscillation, the market finally broke below 3015-3005 and reached the target take profit level. In the evening, the market continued to break below 2985-2975, forming a significant plunge, which was clearly a short-selling operation. It seems that the morning surge absorbed too many long holders, leading to this situation. Therefore, it is necessary to pay attention to changes in the market in a timely manner and set good stop loss and take profit points. Only by building and closing positions at key support and resistance levels, even if wrong, it will not be too far off. This is also Li Hui's rule for consistent success!
5.11 Ethereum market analysis and operational suggestions:
Looking at the 1-hour chart of Ethereum, after a large bearish candle directly broke the 2985-2975 trend support low, it formed a significant plunge, which is very similar to the two large bearish candles on April 30th and May 6th! Clearly, breaking the trend is a bearish signal. Currently, the coin price formed a low-level oscillation after touching 2878 and began to rise close to the EMA15 moving average position, quickly gaining volume. The KDJ three lines crossed upwards with strong divergence, and the J value is about to reach 80. The MACD energy below the 0 axis continues to shrink and approach the 0 axis, and the DIF is forming a bottom turn close to the DEA, indicating that the market is actively buying, and the bullish trend is coming again. However, it is also necessary to be vigilant about the possibility of a reversal!
Looking at the 4-hour chart, the coin price still has some upward space from the EMA10, and the energy below the 0 axis of the MACD is starting to balance, and the distance between DIF and DEA is narrowing. The J value in the KDJ indicator is forming a turn at the bottom. If the three lines can turn and cross again, then the coin price can once again look towards the resistance near yesterday's high point! The entry point for short positions can also be focused on this position and layout based on changes in the market!
It is recommended to pay attention to the support range of 2880-2900 below without breaking for long positions, with a stop loss at 2860; take profit at 2960-3010-3050. It is also recommended to pay attention to the resistance range of 3065-3080 above without breaking for short positions, with a target space of 50-100 points.
Article reviews have delays, and the market changes in an instant. For more real-time signals, please follow my public account to enter the market strictly with good stop loss and take profit points, and take profits when the opportunity arises!
I, Li Hui, interpret world economic news, analyze the global trend of the coin circle, and have in-depth research on BTC, ETH, LTC, DOT, EOS, BNB, SOL, and other currencies while studying in the United States. For those who do not know how to operate, you are welcome to comment and leave a message!
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This article is exclusively published by (WeChat public account: Zhang Lihui) and does not represent any official position. The publication and review of the article have a time delay. The above points are for reference only, and the risk is at your own discretion! May we always carry humility and courage in this complex coin circle, fear no challenges, and dare to explore. Just as the road is long, "the road ahead is long and far-reaching, I will seek and explore." May we read thousands of books, keep pace with the times, and draw wisdom. After traveling thousands of miles, experiencing storms, witnessing scenery, and understanding life. May you, under Li Hui's guidance, heed advice, play to your strengths, and create value together. May we always remember the baptism of the market, not forget our original intentions, and thus remain steadfast. In the wave of digital currency, holding onto faith with Li Hui, forging ahead with determination. May we jointly create a brilliant future and share the joy of success. Let us gather in the turbulent world of digital currency, live up to the time, and create brilliance together. Li Hui is willing to embark on this challenging and opportunistic investment journey with you.
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