1.16 news helps the market completely reverse? Sharing the latest short-term strategy for Ethereum.

CN
7 hours ago

Those who can buy are apprentices, those who can sell are masters, and those who understand holding cash are the ancestors! In trend swing strategies, the choice of entry points is secondary, while the choice of exit points is key. However, good capital management is the soul of trend swing trading.

Yesterday, under the support of news, the market surged to the 3470 line, faced resistance, and then adjusted. The daily chart showed a large bullish candle, and it did not test the MA60 line, so the focus going forward should be on this line, specifically the 3520-3550 range. If the market cannot break through, we will continue to look for support downwards, waiting for confirmation of support before starting a new round of significant increases. Conversely, if it can break and stabilize, we will choose to follow the right-side trading method to see if it continues upwards, and we can at least see the 4xxx range again.

Although the 4H level market has broken through the EMA200 line, the entity bearish candle has fallen back below it. For now, the first resistance can rely on the previous high as a small boundary for reference, and the second is near the downward trend line's resistance. The first support reference is near the MA60, and the second is below the previous accumulation area at 3200. For short-term trades, rely on the resistance and support zones to enter.

Investment and speculation may differ, but some essential aspects remain consistent. We must first recognize ourselves, understand what we are doing, and what we need. The market is a game of competition between people; in addition to technical and news analysis, we must also consider more human factors.

Short-term suggestions for January 16: If 3460 does not break, short between 3410-3440, targeting 80-150 points.

If 3580 does not break, short between 3530-3550, targeting 80-150-200 points.

If 3250 does not break, long between 3300-3280, targeting 80-150 points.

If 3150 does not break, long between 3200-3180, targeting 80-150 points.

The above suggestions are for reference only; please manage your risk.

Wishing you successful trading!

Alright, friends, we will say goodbye until next time. I wish everyone continued success in the crypto space! More real-time suggestions will be sent internally. Today's brief update ends here. For more real-time suggestions from Big Coin, find Gege.

Written by/ I am Trader Gege, a friend willing to accompany you in your resurgence.

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。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink