11.9 Zhang Lihui: The big pie keeps breaking new highs, will Ethereum fill the gap? Continue to observe and wait for entry opportunities! Today's latest Ethereum (ETH) market analysis reference!

CN
15 days ago

11.9 Zhang Lihui: Ethereum Market Analysis and Trading Suggestions:

In yesterday's article, Lihui mentioned that MA220 and MA300 have also reached their respective points. From the candlestick patterns and strength, there hasn't been a significant pullback, and it has steadily moved upward. The indicators have not shown any rapid spikes, indicating that a breakout here is still highly probable. As everyone knows, Lihui has been emphasizing low buys since below 2400 and has taken profits at the 2830 level, adopting a wait-and-see attitude. Although we are currently in a major upward trend, Lihui generally does not encourage blind chasing of prices, especially at this critical level. Everyone knows Lihui is quite steady and does not make blind trading calls. I hope everyone can be patient; opportunities are always earned. If we are to eat, let’s eat big.

Continuing to observe the daily technical patterns, the current candlestick is challenging the intersection of MA220 and MA300. We will wait to see if it stabilizes; if it breaks through, it will likely reach the linear resistance position shown in the chart. This can continue to serve as the best testing point for short positions. The testing targets can be seen at the lower MA180, MA380, and the linear support level. This position is also the long position entry point mentioned yesterday, which continues to move upward compared to yesterday, so be sure to adjust accordingly. The chart also shows a large U-shape forming, with the top of the U-shape on the right side just approaching mid-January. Could the space for a rebound be this strong? Of course, we cannot rule out this possibility. Lihui has repeatedly mentioned that Ethereum's rebound ability may reappear at any time. However, the market cannot simply stretch in one direction; there will always be pullbacks. One can choose to open short positions at the linear resistance level and then consider low buys on the pullbacks.

At 10:30 AM Beijing time on November 9, the editor suggests lightly buying in the 2820-2850 range, with a stop loss at 2790; the target is to look for a breakout at 2940-2990, and if it breaks above 3000-3020, it can be held until around 3080.

Consider light short positions above 3080; after entering, you can set a closer stop loss based on the market's pullback strength. The targets are 2980-2940-2830, and if it breaks below 2820-2800, it can continue to be held. The above entry opportunities should be combined with real-time market changes before entering the layout, and specific operations should be based on Lihui's real-time notifications!

There may be delays in article review and push notifications; the market changes rapidly, and specific entry opportunities must be combined with actual trading operations, based on real-time notifications. The suggested points in the article are for reference only; do not operate with heavy positions. Please set take profit and stop loss when entering, and take profits when they are available!

I, Lihui, interpret global economic news and analyze major trends in the cryptocurrency world. During my studies in the U.S., I conducted in-depth research on cryptocurrencies such as BTC, ETH, LTC, DOT, EOS, BNB, and SOL. I welcome comments and messages from those who are not familiar with trading!

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This article is exclusively published by (WeChat public account: Zhang Lihui) and is for reference only; risks are to be borne by the reader. May we remain humble and brave in the complex cryptocurrency world, unafraid of challenges and willing to explore. Just as "the road is long and has no ending; yet high and low I'll search with my will unbending," I hope we keep pace with the times, absorb wisdom, travel thousands of miles, weather storms, and gain insights into life.

May you, under Lihui's guidance, leverage strengths and avoid weaknesses, create value, and remember the market's baptism, staying true to your original intentions. In the wave of digital currency, may we hold onto our beliefs, forge ahead, and together compose a brilliant future, sharing the joy of success. Let us join hands and move forward together on this investment journey filled with challenges and opportunities, creating brilliance together!

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