Crypto Circle Academician: Will the Ethereum 2430 Northward Suicide Squad Strike on May 13? 2300 Becomes the Final Defense Line, Breaking Will Trigger 1 Billion USD Liquidation! Latest Market Analysis Reference
Current Price of Ethereum is 2450, it is currently 3:30 AM Beijing Time, the practical record has been updated, everyone can compare the entry and exit points I selected, consider it a way to learn from each other, this is also why we need to plan trades before the market opens, during the market we just need to strictly execute the trading plan, the double top pattern formed by the main force above is very obvious, there have been several indicator entry points from 2620 down to 2400, congratulations to the coin friends who got on board
Looking at the current market, the daily K-line has a maximum of 2620 and a minimum of 2405, just right to pull back after testing the 0.382 golden ratio support, currently facing resistance in this area, the main force has formed an important defense line at this level, indicating that this position provides effective support, 2430 can be considered for a northward move, the EMA trend indicator is still contracting upwards, the bullish trend still exists, the short-term is just a technical pullback, the MACD volume has started to decrease, the DIF and DEA have begun to show energy indicators, the K-line has fallen into the Bollinger Bands channel, currently facing resistance at the upper track pressure level of 2510, the market has gradually returned to the overbought area without entering extreme overbought
The four-hour K-line shows a neck line at 2400, the K-line is currently under the pressure of the EMA15 trend standing point at 2460, the EMA30 trend line is still stretching upwards and is expected to impact near 2370, the MACD continues to decrease in volume and increase in holdings, the DIF and DEA are looking for support at high levels, after the Bollinger Bands contracted, the K-line broke below the middle line at 2458, the lower track support to watch is 2300, from the overall trend, there is still momentum for further bottom exploration, 2300 can be considered as a second northward trial position, temporarily not considering shorting and focusing on the northward move
Short-term Reference:
Potential entry point at 2315 Fibonacci 23.6% retracement level, this position is also one of the rebound starting points, stop loss set at 2290, do not set it too far
Potential exit point at 2660, this position is the Fibonacci 38.2% retracement level, stop loss set at 2700, if it breaks here, the market is basically confirmed
Northward trial position from 2430 to 2400, defense at 2380, stop loss 30 points, target looking at 2470 to 2500, if it breaks, look at 2530
Southward trial position from 2630 to 2660, defense at 2680, stop loss 30 points, target looking at 2580 to 2530, if it breaks, look at 2500
Advice for reference only, risk is self-borne $ETH #ETH #ETH走势分析
