9.24 Zhang Lihui: Ethereum Market Analysis and Operation Suggestions:
Yesterday, there were frequent news releases, and the Ethereum market deviated from the indicators, harvesting up and down. However, overall, it is still in an upward trend. After the second break in the early morning, the coin price did not rise much. The Bollinger Bands on the 1-hour chart show a significant convergence, with the midline continuously rising and the coin price space being compressed again. The volume above the zero axis is weak, and the fast and slow lines are difficult to distinguish. Continue to watch the EMA30 to defend against long positions in the midline area.
The 4-hour Bollinger Bands continue to open upwards, and all current moving averages are trending upwards. However, the fast line has turned downwards, and the coin price has not shown a significant retracement space. Continue to watch for the fast line to recover.
On the daily chart, the candlesticks have broken through the EMA60 and crossed the upper rail, but have not yet surged to the EMA80. Volume continues above the zero axis, and there is no obvious convergence of the fast and slow lines. Moreover, breaking through the zero axis indicates that there is still room above. Both short and medium-term moving averages are trending upwards.
Based on the above indicators, Lihui suggests focusing on buying low on retracements. Lihui suggests lightly buying in the 2640-2660 range on pullbacks; reserving the 2550-2500 range for additional positions, with a stop loss at 2480, and targeting 2690-2720. If the price breaks through the 2730-2750 range, it can be held until above 2800. Short positions in the range should also be considered, with entry at 2730-2750 if not broken, and targeting 2680-2640 for partial profit-taking.
Article reviews may be delayed, and the market changes rapidly. Specific entry opportunities should be combined with actual trading operations, and real-time notifications should be followed. The suggested article positions are for reference only. Do not overweight your positions, and set stop-loss and take-profit levels when entering the market. Take profits when the opportunity arises!
I, Lihui, interpret world economic news and analyze the global trend of the cryptocurrency market. During my studies in the United States, I have conducted in-depth research on BTC, ETH, LTC, DOT, EOS, BNB, SOL, and other cryptocurrencies for those who do not know how to operate. Welcome to leave comments and messages!
Scan the code below to follow the author in person!
This article is exclusively published by (WeChat Official Account: Zhang Lihui) for reference only. All risks are assumed by the reader. May we remain humble and brave in the complex cryptocurrency market, unafraid of challenges, and eager to explore. Just as "The road ahead is long; I will seek and explore," I hope that we will keep pace with the times, draw wisdom, travel thousands of miles, experience the wind and rain, and gain insights into life.
Under Lihui's guidance, may you play to your strengths, create value, remember the market's baptism, and stay true to your original aspirations. In the wave of digital currency, may we hold onto our beliefs, forge ahead, and jointly compose the future, sharing the joy of success. Let us work together to create brilliance in this investment journey full of challenges and opportunities!
Friendly reminder: Only the official account at the end of the article is created by the author. Advertisements at the end of the article and in the comments section are not related to 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。
