The empty talk, paper talk is something everyone can do, there are not so many "ifs", if these are just afterwords! There's 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, unique position-building techniques, and the spirit of staying calm in the face of danger to help every coin trader successfully gain valuable wealth and continuously realize their own value in the coin circle!
The Ethereum market has finally made a breakthrough after two days of consolidation. The long positions near 2900 were perfectly closed for profit above 2970. The bearish news from G Fund in the past two days did not go to waste, as there were indeed many people shorting. After two probes at the bottom, a rebound was formed around 2865, otherwise this wave would not have stretched so quickly. Bearish news kept coming out! Unfortunately, it did not reach Li Hui's position to add to the longs below 2850, otherwise the profits could have doubled! The long positions were also closed decisively before the formation of the upper shadow line on the candlestick chart. Indeed, the market still failed to break through the 4-hour EMA60 moving average position. Another obvious thing is that this wave of market rise was very fast, and it stopped right after washing out the bearish news. Of course, Li Hui believes that it also dare not rise too much, because smart people are bearish and won't chase after the rise. The long positions at 2900 must be held in large quantities! This is why Li Hui made a light long position layout. The key position for building a position cannot go wrong. As long as the liquidation control is good, G Fund will never be able to wash you out!
Analysis and operation suggestions for Ethereum market on May 13th:
Looking at the 1-hour candlestick chart of Ethereum, after the coin price touched 2955 and formed a long upper shadow line, it then formed a downward retracement, breaking through the EAM60 moving average and closing above the EMA30. The second hour directly broke through the EAM30 position above the EMA80, EMA15, and EMA10, and the current hourly chart is testing the EMA120 position after forming a consolidation between EMA15. The KDJ pattern shows that the three lines are intentionally moving upward, but they seem relatively weak! It can be seen that the EAM30 is forming an opening above the EMA60 moving average, just as expected. After the trend line was broken, a large bullish candlestick quickly formed above the EMA30, followed by a rapid increase in volume, forming a probe after the coin price tested the EMA30 moving average position multiple times. The energy in the MACD is continuing to increase in the lower area, and the DIF has formed a dead cross with the DEA, which is a bearish signal, but the coin price has not fallen much in the past hour, indicating that it is still waiting for a certain amount of chips!
Looking at the 4-hour chart, after the coin price surged and failed to touch the EMA60 moving average, it once again tested the downside. The energy in the upper area of the MACD is forming a slight increase, but the DIF and DEA are still maintaining an upward trend without slowing down or turning. The KDJ three lines are forming a turning point at the top, and a crossover is intentionally forming. Comparing it with Bitcoin, it has already broken through the EMA150 moving average on the 4-hour chart. According to this round of rebound for Ethereum, it should be above 3075, but it is clearly off track. It may be because there are too many people buying the dip, haha. Li Hui still jokes that G Fund dare not rise too much, as there are too many bulls, clearly afraid of everyone getting liquidated! Also, if this wave of retracement will absorb the bearish strength, then Li Hui firmly believes that Ethereum can rebound to above the EMA150, which is more reasonable for washing out positions, and it has also rebounded enough, achieving a double harvest!
In summary, there is still a certain amount of retracement in the coin price, and operationally, it is basically the same as the previous day, maintaining a light long position layout and entering the market. If the trend line at the high level is not broken, shorting can be done!
It is recommended to pay attention to the support range of 2880-2910 below, and not to break the light long position by 5%; continue to reserve 5% of the space for adding to the position below, take profit at 2945-2985; if it breaks, continue to hold above 3000-3015, above 3070!
It is recommended to pay attention to the first short position building point at 3000-3015, and if it is not broken, shorting can be done in the range of 2990-2970, take profit at +50 points; the second short position building point is at 3060-3080, and if it is not broken, shorting can be done, with a target of +80 points.
Article review has a delay, and the market is constantly changing. For more real-time signals, please follow the public account to obtain them. Please strictly use stop-loss and take-profit when entering the market, 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 and furthering my education in the United States. For those who do not know how to operate, you are welcome to comment and leave a message!
You can follow the author by scanning the QR code below!
This article is exclusively published by (WeChat public account: Zhang Li Hui), 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 we travel thousands of miles, "the road ahead is long and far-reaching, I will seek and explore from top to bottom." May we read thousands of books, keep pace with the times, and draw wisdom. Travel thousands of miles, experience wind and rain, witness the scenery, and understand life. May you, under the guidance of Li Hui, 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 achieve lasting success. In the wave of digital currency, holding firm to our beliefs, forging ahead with determination, may we jointly compose the future and share the joy of success. Let us gather in the turbulent world of digital currency, make the most of our time, and create brilliance together. Li Hui is willing to embark on this challenging and opportunistic investment journey with you.
Friendly reminder: Only the public account is created by the author. The advertisements at the end of the article and in the comments section have nothing to do with the author. Please discern carefully, and 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。
