$ETH I am writing this post with a heart full of gratitude. I have never placed myself on a high pedestal; I am just a very ordinary person. Binance provided me with a platform, and with some good luck, I became a moderately successful KOL in the square.
Actually, from the beginning to the end, my purpose or goal has always been to bring some ideas to everyone, to provide some flashes of inspiration for trading. I haven't really been as arrogant as I jokingly call myself the 'God of Ethereum'; it’s just for fun and to attract some attention.
Entering at the 2950-3000 level and now at 3700, I actually told everyone at 3000 that the future outlook for Ethereum could be very clear and thorough. This wave really feels like I helped all my friends make a significant profit, and I wanted to help everyone double their capital. So, I initially told everyone to aim for an Ethereum profit of 800-1000 points. Completing this trade would help everyone double their funds!
Now that the timeline has progressed to the present, for those who entered with me, the target of 3700 has been reached. Basically, every brother or comrade (like-minded individuals) has gained almost 2000% profit, and most people’s total capital has doubled. I kept posting to encourage everyone to hold on and not to be afraid. Now your funds have doubled, and you’ve achieved profits you’ve never seen before!
I also admire those who held on; actually, being able to hold on, in my eyes, you are the God of Ethereum!
I am very grateful to everyone. I am very happy and excited about this wave. What makes me happy is not that I made money, but that everyone made money and earned significant profits. I hope everyone remembers this feeling and never forgets it!
Total capital has doubled, and profits of around 800-1000 points have been achieved. I’m not bragging. As for the big cake in hand, I will help you double your funds again!
Previously placed an order at 2610 to bet on the downward phase, but it got pushed to 2620, which became the temporary bottom of this wave of decline, rebounding to 3070, a four hundred point move. Later opened long at 2860, rolled over at 2970, took a breakeven loss at 2910, originally was very confident it would reach 3100. As a result, the four-hour and one-hour charts showed a double confirmation of a bearish naked candle, hitting the breakeven, breaking below the one-hour EMA, repeatedly failing to hold above the EMA, and then went short, and last night the short position was hit with a loss.
Currently, the market liquidity is very poor; a market with poor liquidity will experience slightly wider fluctuations, hunting for stop losses, inducing long and short positions. Essentially, it was that the initial order missed by 10 points, forcing a slightly higher long position, and the error margin was lowered, so it could only maintain the breakeven. Also got tricked into a short, so I say: eth, I am really frustrated with it.
Let’s talk about the market: the four-hour MACD for eth has become very ugly, heavily bearish, merely waiting to see if the daily line can withstand the resistance at 3100 in the middle track. If the resistance is strong, we will need to look for short positions at the four-hour level. The downtrend is still present, and very early on, when I saw 2650, I mentioned that 2610-2590 would be the weekly support, and there would be a rebound; it's just that due to various reasons, I missed it. The first resistance for the rebound is around 3100. To put it simply, the 3100-3070 range is facing resistance on the four-hour chart. If tomorrow or the day after, the daily line shows resistance around 3100, we will still need to find short positions at the four-hour level, shorting below 2600. If it breaks below 2600 and stabilizes, then it will be at 2100. As long as the entity breaks below 2600, there is a high probability that within the next three months, you will see Ethereum starting with 1.
$ETH On November 19th at 12 PM, the average opening price for the short position was around 3070. Last night during the live broadcast at 12 AM, I added to the short position at 2950, increasing the floating profit. The earliest post mentioned 2800, and a few days ago it was said that if the short position does not break 3170, it will trend down to 2650. One should follow the trend and hold firmly. From October 11th, shorting from 4100 down to 3300, and from 3900 all the way down to the current 2650. One must seize the power of the trend to make a profit.
$ETH If 3170 does not break upward, we need to test the support around 2650 on the weekly line. Last night's drop to 2873 was just the beginning. The take profit for short positions should be adjusted downward to 2650.
The previous limit orders have been changed to 2610-2550, and we need to place them in batches here, with a stop loss at 2500 and no take profit set.
$ETH Many troops are blessed! The short position opened on the 3171 day before yesterday, and yesterday it was under pressure for a whole day. Today, if the entity breaks and stabilizes below 3000, just add positions. I have been saying for half a month about the 2800 position, let's see if we can reach it together.
This type of cerebral palsy Ether is just as difficult to obtain as the previous 3500 drop. It's normal for strong support at the integer level of 3000, but remember that if it doesn't drop below 4 hours, it needs to break the previous high of 3248. If it doesn't drop on the daily line, it needs to break above 3550-3600. Even if it breaks above 3248, the daily line is still bearish and looking for short positions. If none of these conditions are met, Ethereum's 3000 will continue to be tested until it drops below. If the candlestick entity breaks below 3000, then 2800 is just the beginning, followed by a drop to 2600, and if 2600 can't hold, then it's 2100.
A drop from 4950 to 3175, I don't know if that counts as a bear market, but a drop to 2100 should count as a bear market, right?
But what does that have to do with you? Asking every day whether it's a bear or bull market, when you don't have a single position, what's the point of asking those questions?
$ETH The previous wave reached 3900 and dropped to 3000. This week, it has been continuously looking for short positions around 3500. Since we have judged the alternation of bulls and bears and clarified the direction of the trend, we should enter the market. The market may be volatile, but the results are always pleasing.