3.19 Crypto Circle Scholar: Ethereum Short-term Trading Guide! Box Fluctuation Continues! Both Long and Short Have Opportunities! Are You Keeping Up?
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Ethereum's current price is 1895, and it is now 4 AM Beijing time. The real-time strategy given yesterday at 1940 was mentioned at the beginning of the article, stating that profits exceeding 50 points can be taken. Now let's look at the current market, the daily K-line high is 1930, the low is 1870, and the profit margin has exceeded 50 points. Those who followed have benefited; those who haven't can continue to observe whether what Old Chen said is true. First of all, the box fluctuation continues, which remains unchanged.
Because the daily K-line has not broken the box, if it breaks above 1940, it will reach the box top, and if it falls below 1880, it will reach the box bottom. Therefore, both long and short have opportunities and space to grasp. The EMA trend indicator is starting to slow down, with EMA15 at 2020, still continuing to decline. Before this, the market will still move within the box. MACD is increasing with volume, and K-line is diverging downwards. The DIF and DEA are still golden cross, which means 1870 is effective and can be held. The Bollinger Bands have contracted, with lower support at 1720 continuing and mid-band resistance at 2075, with the market maintaining a relatively low horizontal position.
The four-hour K-line is horizontally positioned below the EMA trend indicator. Pay attention to the EMA60 resistance level of 1965, which is exactly the intersection of the downward trend line and can be used as a take-profit area for long positions. Profits exceeding 50 points can be freely taken. The MACD volume is decreasing, and the DIF and DEA are below the zero axis, with the possibility of starting a bullish trend at any time. After the K-line strength rebounds from the lower track of 1870, it has reached below the mid-track of 1910. Pay attention to the upper track resistance level of 1950. The short-term bullish mindset is effective and can be held.
Short-term Reference: Safety First. Remember that the market is not 100% certain, so always set stop-losses. Safety first, aiming for small losses and large profits is the goal.
Going North: Trial entry point from 1870 to 1850, defense at 1830, stop-loss at 1800, target looking at 1900 to 1950, breaking point at 1975.
Going South: Trial entry point from 1930 to 1950, defense at 1975, stop-loss at 2000, target looking at 1880 to 1850, breaking point at 1830.