📣 Ethereum can earn both long and short positions, allowing for timely operations and steady profits! 📈
From the current trend, Ethereum's trend is leaning bullish, but there is resistance at the 2750 level. In tonight's operations, we can first go long and then short to seize two waves of profit!
【Analysis of Ethereum Price Trends from Four-Hour Chart】
Candlestick Pattern:
Recently, the price has been fluctuating within the 2700 to 2750 range, forming a consolidation pattern. After a significant decline earlier, there are currently signs of stabilization, but there is heavy resistance above.
Technical Indicators:
MACD: The current DIF line has crossed above the DEA line, and the MACD histogram has turned positive from negative, indicating a short-term rebound signal.
RSI: The RSI value is 56.29, within a neutral to strong area, indicating that market sentiment has improved somewhat.
EMA: The price is above EMA7 (2699.03) and EMA30 (2695.08), showing a positive short-term trend, but still below EMA120 (2798.16), indicating that the long-term trend has not yet reversed.
Trading Volume:
The trading volume in recent cycles has been relatively stable, with no significant increase or decrease. From 20:00 on February 18 to 00:00 on February 19, the trading volume significantly increased, accompanied by sharp price fluctuations, showing fierce competition between bulls and bears.
Evening of 2/19 Bitcoin Ethereum Steady Operation Suggestions:
For Ethereum, it is recommended to enter long positions at 2730, with take-profit targets at 2750-2780. If the position fails to sustain a breakthrough, one can promptly switch to short positions, with take-profit points at around 2700!
For Bitcoin, it is suggested to enter long positions around 96000, with take-profit targets at 97000-97400. Short positions should be entered around 97200-97400, with take-profit points at 96400-95800!
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