Contract trading is nothing more than two directions, and the first consideration for long and short entry decisions is the overall direction. Following the major trend and taking a reverse position will never be wrong! There are several points to the trading mechanism: do not operate frequently; do not hold positions in two different currencies in the same direction at the same time; the initial position should not exceed 5%, leaving 1-2 times for additional positions; do not add positions too close, adding positions at support and resistance levels will never be wrong, and stop loss is necessary for the second break; learn to wait for opportunities, only those who are patient can find the most suitable entry points, it's better to miss than to make mistakes; after exiting, learn to review, identify the problems and strengths of the trades; make good use of distributed position building, reducing positions, adding positions, and taking profits; review technical indicators on the market, look for signals of rebound and retracement; continue to improve, maintain good trading habits, guard against arrogance and impetuosity, and only then can one achieve long-term profits in the industry! Li Hui will continue to uphold professional knowledge, meticulous analysis, unique position building techniques, and maintain a calm and composed spirit to assist every coin trader in successfully gaining valuable wealth, and continuously realize their own value in the coin circle! Wishing everyone to achieve financial freedom in 2024! Keep it up!
Ethereum Market Analysis and Operation Suggestions on June 29:
Yesterday, Ethereum did not provide an opportunity to enter a high short position at 3510-3530, so a short position was entered at 3460 after 8:30 in the evening. The current price is 3385 and is still being held. Everyone can pay attention to it!
From the 4-hour chart, the Bollinger Bands are in a parallel state, and the price fell back after rebounding from EMA80 in the evening, with the current upper pressure at EMA10, EMA15, and EMA30, which are all converging and continuing the downward trend. The KDJ lines continue to diverge downwards, and the MACD volume above the 0 axis shows strong performance, with the DIF and DEA turning downwards at the 0 axis to form a death cross. It is recommended to continue to pay attention to the breakthrough of the lower channel and the formation of the death cross. If formed, the price may reach the range of 3305-3335; if not, it may continue to oscillate within the channel.
The daily Bollinger Bands continue to open downwards, and the price is under pressure after rebounding from the midline, approaching yesterday's low point. The upper pressure is at EMA80, and the short-term EMA10, EMA15, and EMA30 continue to maintain a downward trend, especially EMA15 is converging with EMA60, and the EMA30 in the big pie indicator has crossed below EMA60 and is approaching EMA80, indicating that the price may break through the recent box oscillation low point, which is also worth paying attention to. If the big pie breaks, then there is no need to say much about other currencies.
Li Hui predicts that after breaking the box, Ethereum's market may form a sharp decline, and suggests paying attention to the position of the daily EMA120. If the market fails to break through, it is recommended to enter a short position again at the EMA80 suppression level! Opportunities for long positions also need to pay attention to the positions of EMA120 and EMA150!
It is suggested to go short 3% in the range of 3420-3440, reserve 6% for adding positions in the range of 3490-3510, stop loss at 3520, take profit at 3355-3310; if the range of 3300-3280 is broken, it can be held until the range of 3210-3240.
There may be delays in article review, and the market is ever-changing, so please set your stop loss and take profit, and take profits when the opportunity arises! For more real-time signals, you can follow the author's official account to obtain them, and you can also learn about market technical analysis and how to get out of a predicament online!
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!
You can follow the author by scanning the QR code below!
This article is exclusively published by (Official Account: Zhang Li Hui), and does not represent any official position. The publication and review of the article have a time delay, and 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 and complicated coin circle, fear no challenges, and dare to explore. Just as the road is long, "the road 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 from the fountain of wisdom. Travel thousands of miles, experience wind and rain, witness the scenery, and understand life. With Li Hui's guidance, may you 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 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, 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 official 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。
