Li Ying in the Crypto Circle: Ethereum Soars on 11.28! Making Money in the Uptrend! Bulls Unstoppable! Latest Analysis

Article Published on 2024.11.28----01:00 AM

Ethereum is currently priced at 3555. The bullish trend that Li Ying has been advocating is here, as Ethereum breaks its previous high again and starts to challenge 3600. The real-time data from yesterday showed a target of 3300, with profits taken at 3450. Although there is a little over a hundred points of space from the current point, it's enough to take profits at 150 points. Wait for a pullback to support before re-entering. Always go with the trend, and only trade with the trend. This is the only way to last long, to be like Li Ying, who has always been here. The supplementary rise is not over; 3600 for Ethereum is not the end. Continue to look upward. Each time a previous high is broken, there will be a pullback, and this time will be no exception. After the stretch ends, wait for a pullback to continue entering.

Let’s look at Li Ying's price trend analysis. First, the K-line pattern shows a clear upward trend, especially on the 27th and 28th, where the K-line has continuously closed in the green. In the 4-hour cycle, the price has broken through the previous high near 3575 and stabilized above it. The technical indicator MACD histogram has turned positive, and the DIF line has crossed above the DEA line, indicating a strong bullish signal. In this case, with both large and small levels rising, don’t think about going short; follow Li Ying and go with the trend.

The Relative Strength Index (RSI) is at 66.30, close to the overbought zone but not yet in the extreme area, indicating there is still some room for upward movement. The trend indicator EMA shows the current price is above EMA7, EMA30, and EMA120, with short, medium, and long-term moving averages in a bullish arrangement. Therefore, Li Ying still supports a continued bullish target, primarily focusing on a low long strategy. The increase in trading volume accompanying the price rise indicates an optimistic market sentiment, with a bright future ahead.

Today's Latest Point of Reference

Long Entry: 3400, Add: 3350, Stop: 3300, Target: 3550

Short Entry: 3650, Add: 3700, Stop: 3750, Target: 3400

The above analysis by Li Ying is based on market data and trend analysis and does not constitute investment advice. For reference only. Over the past ten years, Li Ying has continuously explored and experienced hundreds of different digital assets. Throughout this process, Li Ying has witnessed the brilliance of bull markets and the gloom of bear markets, accumulating countless valuable experiences and profound lessons along the way. As a female trader striving in this challenging field, Li Ying feels a responsibility to share her insights, hoping to help others with dreams find their place in this unpredictable market and embark on their own successful journey.

The content of this article is time-sensitive and for reference only; risks are borne by the reader.

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