AICoin trading is a long-term plan, not a matter of overnight success, so there should be no rush. Even if there is a short-term loss, there is nothing to fear as long as the subsequent direction is chosen correctly. The lost will eventually return. However, it is important to pay attention to the timing of trading and the current market trends in order to increase the success rate. At the same time, investment is a process of growth. Mr. Coin suggests that everyone should learn while operating, summarize the gains and losses in a timely manner, deepen their understanding of risks, and plan with the correct mindset in order to reasonably avoid risks and become a qualified investor.

9.15 Mr. Coin's Analysis of Ethereum (ETH) Market Reference

Although Ethereum broke through the 2400 resistance line in the early morning yesterday and reached near 2465 after a period of accumulation, the upward trend did not continue much due to the influence of the overall market. The subsequent gains were given back, and the price retreated again. Currently, the price is running near 2410, but the upward momentum has weakened, so it is not recommended to blindly follow the long position before breaking the upper resistance. Be cautious of short-term trend rebounds, which may lead to high-level trapped orders.

Looking at the short-term chart, the price is running around 2420, forming a stable oscillation range. The MADC fast and slow lines are positive and gradually rising, and the histogram shows signs of increased bullish strength. The price is close to the current EMA7, EMA30, and EMA120, showing a bullish arrangement in the short term, but with signs of weakening.

On the daily chart, the price rebounded yesterday was blocked near the mid-axis, and the price is currently running near the mid-axis, where there is significant resistance. Looking at the 2-day chart, the price is currently below the mid-axis, indicating that both long and short sides are evenly matched, and the price is hovering within the range without breaking out. It is expected that the oscillation will continue for some time, so the strategy is to consider both long and short positions. Pay attention to the resistance near 2520.

9.15 Ethereum Short-term Reference: For more real-time single strategies, online technical learning, and getting out of trapped positions, you can follow the mentor's official account (Mr. Coin) to get the contact information: The first ten people every day can receive free trapped position strategies.

Short position: Short at 2490-2521, defend at 2620, stop loss at 2640, target below 2440.

Long position: Pay attention to the breakthrough of 2400, in the range of 2380-2350, stop loss at 50 points, target above 2420.

There is a delay in the article delivery, and the strategy suggestions are for reference only. The market changes rapidly. No matter how confident you are in judging the market, be sure to set your profit and stop-loss points. Secure your gains.

For more real-time singles, you can follow the official account to get them. You can also learn online about market technical analysis and getting out of trapped positions. I have studied the market for many years, analyzed the major trends in the coin circle, and have repeatedly studied and guided BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other coins. For those who are not familiar with trading, you are welcome to study and learn together.

This article is exclusively written and shared by Mr. Coin in the coin circle, representing Mr. Coin's exclusive viewpoint. There is a delay in the article delivery, and the risk is at your own. Control your positions reasonably, and do not overexpose or go all in. Mr. Coin hopes that all fans and friends can achieve financial freedom together and move forward together. In the depths of time, hold a sense of understanding. In investment, one must learn to be optimistic. Do not let the future you dislike the present you. We live in reality, but not every piece of data needs to be taken seriously. Let the past go, and let the future come faster! Rest well, prepare yourself, and get ready at any time. Come on!

• This article is written by Mr. Coin in the coin circle, refusing to plagiarize, and respecting originality!

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