Cryptocurrency Expert: On May 19, Ethereum's four-hour K-line reveals a "Headless Guillotine"! Is the main force using a "clear sign" to bait buyers? Latest market analysis reference
Current price of Ethereum is 2530, and it is currently 2 AM Beijing time. This clear sign market is indeed easy to grasp, and there's no need to review the past since everyone can refer to yesterday's article content. You can check my practical trading records, look at the entry and exit points I selected, and now the market has moved out; why can I layout at the highest and lowest points? These all have foresight, and I also thank everyone for their trust.
Let's look at the current market situation. The daily K-line has a maximum of 2590 and a minimum of 2466. Overall, we can judge that the support at the neck line of 2450 is effective, and the main force is consolidating at a high position. The EMA trend indicator is still showing an upward opening and expanding trend unchanged. EMA15 has reached 2352 and is still continuing to rise. MACD's top divergence is decreasing in volume, and DIF and DEA are contracting at a high level. There is a high probability that the main force has not finished its trend of supplementary gains. The Bollinger Bands are expanding, with the upper pressure level reaching 2900, the middle track still at 2200, plus the divergent market, so do not open positions casually; wait for the key formations to appear before entering the market.
The four-hour K-line is currently at the top pressure level of an ascending triangle trend. You can see that the K-line was just pushed down after reaching the top of the trend. According to the triangle trend, we cannot rule out the main force's determination to test the trend support at 2450. Everyone can pay close attention to this. The defense can be placed at the EMA60 trend support at 2430, MACD continues to decrease in volume, DIF and DEA are contracting at the 0-axis line. The upper track of the Bollinger Bands is focusing on 2630, and the lower track is focusing on 2435. The entry points for both long and short positions are already very clear in thought; the rest is just to wait for this. When it reaches the predetermined target, enter with a stop loss.
Short-term reference: Small losses and big profits are the goal.
For northern positions, try entering long from 2450 to 2430, with a defense at 2400, stop loss 30 points, and target looking at 2500 to 2550. If it breaks, look at 2590 to 2630.
For southern positions, try entering short from 2600 to 2630, with a defense at 2660, stop loss 30 points, and target looking at 2550 to 2500. If it breaks, look at 2450 to 2430.
Specific operations should be based on real-time market data. For more information, you can consult the author. There may be delays in article publication; it is recommended for reference only, and the risk is to be borne by oneself. $ETH #ETH #ETH合约