Crypto Circle Scholar: On May 15th, Ethereum's four-hour five consecutive declines reveal the main force's washing method! Latest market analysis reference
Ethereum's current price is 2600, it is now 3 AM Beijing time, the main force feigned an attack, hitting our long order position at 2550. Since we've entered, just hold on and leave the rest to time. As for yesterday's thinking, everyone can refer to yesterday's article; I won’t brag here, after all, we are in the stage of catching up, and the fluctuations are quite large. One must have patience to wait for key points before entering again; this way, you can achieve small losses and big gains, otherwise, it’s easy to draw water with a bamboo basket.
Daily K-line highest 2725, lowest 2546, the bullish trend remains. The short-term level of the market has adjusted about two hundred points, the EMA upward alternating diffusion trend has just begun, the upper space has become unknown, MACD volume has decreased, and with DIF and DEA showing energy indicators, the K-line has not broken upward, indicating that the upper pressure level of 2750 is effective. The main force will choose a direction after consolidating at a high level, the upper Bollinger Band has stretched to 2720, while the middle band is still at 2050.
The four-hour fast line has continuously declined for five consecutive times, reaching the lower EMA trend indicator pressure level near 2570, feigning an attack and continuing to pull up. The 2550 long position is effective and can be held. The MACD top divergence trend continues, DIF and DEA are spreading downward at a high level, K-line is probing the middle support of the Bollinger Band at 2445. The stop-loss can be placed about 30 points below the middle band. The upper pressure level focuses on the 2700 mark. Additionally, the current market has seen the appearance of gyroscope shapes and several bearish indicators like the dark cloud cover, so regardless of whether the main force is creating a vacuum or a false short, since the market has entered our trading range, we can execute according to the plan. Pre-market plan our trades, intra-market trade our plan.
Short-term reference: Strict stop-loss, do not resist single trades, safety is always the first priority.
Northern trial position 2550 to 2530, defense at 2500, stop-loss 30 points, target at 2600 to 2650, break point at 2700.
Southern trial position 2730 to 2750, defense at 2780, stop-loss 30 points, target at 2650 to 2600, break point at 2550.
Specific operations are based on real-time market data. For more information, please consult the author. There may be a delay in article publication; suggestions are for reference only, risk is self-borne.
