Crypto Circle Academy: On April 22, Ethereum declines again without rising! The market changes rapidly, how can we ensure success? Latest market analysis reference
Ethereum current price is 1580, it is now 3:30 AM Beijing time. This wave above 1650 short has not buried our long wait, successfully entered for a short time, still the same idea, with Ethereum following the decline and not rising, our main thought should be to short at high positions, especially now that we have entered, do not rush to take all profits, the target is to look at the support below 1530 to decide, temporarily hold is fine
Daily K-line highest 1659, lowest 1560, the EMA trend line is still in a major downtrend, so the main short thought remains unchanged, MACD continues to increase without the expected stretch but instead declines, DIF and DEA are still spreading below the 0 axis, Bollinger Bands are downward, K-line is blocked by the Bollinger Band middle regulation at 1630 pressure level, lower track focuses on 1430, KDJ downward forms a death cross effectively, short positions continue to hold
The four-hour K-line is most obvious, after failing to break the EMA120 pressure level of 1660, it fell back and directly broke the EMA trend indicator, MACD volume expansion is about to end, the market has entered the lower track, DIF and DEA show a trend of forming a death cross, K-line also steps down the Bollinger Band lower track support at 1560 and is expected to further explore downwards, KDJ death cross has just formed, the shorts have not fully exerted strength yet, and it is expected to further test the bottom
Short-term reference: Safety first, remember that there is no 100% in the market, so always set stop-losses, safety first, small losses and big profits are the goal
Northern entry point 1420 to 1380, defend 1350, stop-loss 30 points, target looks at 1470 to 1530, break point looks at 1560 to 1600
Southern entry point 1650 to 1700, defend 1730, stop-loss 30 points, target looks at 1620 to 1580, break point looks at 1550 to 1530
Specific operations based on real-time market data, for more information details can consult the author, article release has a delay, suggestions for reference only, risk is self-borne $ETH