5.20/AICoin: Ethereum's 4-hour breakthrough of 3150 could be a long opportunity!

CN
5 months ago

5.20/Daily Community: Ethereum Breaks Through 3150 in 4 Hours, Can Pursue Long! Live broadcast room shares various mainstream technical indicator application methods, as well as daily technical analysis;

[ETH/Daily Chart/4H Chart]

**ETH Trend Analysis and Viewpoints: In the past two weeks, the weekly price has repeatedly tested the major support at 2800 and formed a clear bottom-piercing combination pattern, indicating that the 2800 major support has been confirmed effective, and there are signs of continued upward movement by the bulls; the daily trend last week remained in a oscillating upward movement; on Saturday and Sunday, the price consolidated around 3150-3050, with the midday price touching around 3040 and experiencing a rapid uptrend to around 3150. The short-term resistance is at 3150-3200, which is also near the downtrend line since 4100; once effectively broken, the bulls will first test the 3300 pressure zone. Failure to break through 3300 may result in the probability of maintaining the range oscillation between 3300 and 2800. The 4-hour price trend shows an oscillating upward trend line; the horizontal support is at 3040-3050, and the trend line remains intact. A valid breakthrough of 3150 can be pursued with a small long position, with defense below 3040; the targets are respectively set at 3250-3300. More details are welcome to be discussed and exchanged in the live broadcast room!
*[ETH/4H Chart Contract Market Long/Short Data; Updated daily at 12:00 PM]*

**ETH/4-hour contract long/short data tracking:

  1. Large account long/short ratio: Short position holding ratio: 23.43%; Long position holding ratio: 76.57%;
    Long/short position volume ratio: 3.27
  2. Large account position volume long/short ratio: Short position holding ratio: 33.98%; Long position holding ratio: 66.02%;
    Long/short position volume ratio: 1.94
  3. Long/short position volume number ratio: Short position number ratio: 25.87%; Long position number ratio: 74.13%
    Long/short position number ratio: 2.87
    More details are welcome to be discussed and learned in the live broadcast room!**

Recommended Approach [Strong Daily K] Support 3040-3050/Resistance 3120-3150 Tencent Meeting ID: 565-877-8060 Five live broadcasts daily from 14:00 to 21:30 without interruption

ETH/DOT Short Strategy Tracking Conclusion: Comprehensive returns at 1200%-1400%

LINK/4H Strategy Tracking Conclusion: On March 22-23, the expected 4-hour head and shoulders bottom pattern and the first and second long targets at 19.5-20 were perfectly reached, with the highest price reaching 20.765; for partners who have seriously followed and executed this strategy, the returns should be between 600% and 1000%; we will continue to track the next long/short opportunity for LINK!

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