6.17 Zhang Lihui: Bitcoin rebounds as expected, focus on the 108500 resistance! Can Ethereum floor longs enjoy themselves? Be cautious of short sellers fighting back! Today's latest ETH market analysis and trading reference! #加密市场反弹 #BTC走势分析 #ETH #ETH🔥🔥🔥🔥🔥🔥 #ETH走势分析 $BTC $ETH
It's simply accurate to an outrageous degree. Yesterday, Lihui provided a low long operation in the Ethereum trading layout, and internal fans receiving real positions even got in below 2500 for a floor long, with the market hitting the second target above 2620 as expected; accurately capturing over 120 points of profit, including those who were called to buy in on the way up after breaking the first target of 2575, who also managed to take 50 points profit at 2620. On Monday, the entire range of the big market was once again captured! Everyone must be curious why we aimed for 2620 after breaking the previous day's high point range, because this level was also mentioned by Lihui yesterday as the daily EMA300 moving average;
Continuing to look at the current daily level candlestick is impacting the MA300 and MA220 range, keep an eye on the strength of the DIF and DEA convergence. Lihui believes this range is likely to face pressure again, as the candlestick is close to the top of the box. If stabilization fails, the fast line will diverge again, and the death cross will continue to open downwards; thus, after breaking the MA300 and MA220 range, defense can be set at the MA380 level. You can see that the MA380 moving average is still pressing down, indicating that top resistance still exists; the lower target first looks at the MA30 support, breaking can target the MA180 level;
In the short term, the 1-hour chart shows a doji star, with the candlestick testing the support of the MA180 and MA220 range downwards, the fast and slow lines converging again, and a noticeable reduction in volume above the 0 axis. The KDJ three lines failed to converge and turned down, and the RSI three lines are also heading down from the overbought area, thus short positions can be entered cautiously with light positions, to prevent deliberate strong pushes that could trigger stop-losses!
Today's Ethereum short selling suggestion: Lightly short in the range above 2635, reserve for additional buying above 2720; stop-loss at 2750; target 2580-2510; if broken, look to hold for 2500-2480;
Today's Ethereum long suggestion: Still looking to enter again below 2500 support; target 2560-2620; specific operations need to be adjusted based on real-time market changes, and you can follow Lihui's real-time updates!
There is a delay in article review and push, the market changes rapidly, and specific entry opportunities must be combined with real operations. The suggested points in the article are for reference only, do not operate with heavy positions, and always set take-profit and stop-loss orders when entering, take profit when it looks good!