24-01-20 ETH Today’s Views

The way to invest is to love your money before you invest. If you invest, you will think deeply about it. If you invest, you will lose your energy. If you stop investing, you will calm your heart!

We still remain bearish during the day. Yesterday, we recommended a rebound to be bearish, and gave a short call in batches around 2480-2500, with a target of 2400-2360, and a stop loss of 2540. At the close of the morning this morning, Ether dropped to the lowest line of 2415.55, although it did not reach the target. , but the space profit is more than 60 points, please see my updates for details!

Today’s opinion:

At the hourly level, Ether bottomed out to the 2428.22 line yesterday morning and stopped rebounding. It fluctuated all the way upward and broke through 2500. It encountered resistance at the 2500 line for three consecutive negative days and then rebounded. It fell to the 2415.55 line and stopped falling and rebounded. It emerged from two consecutive positive days to the 2505.16 line. , it encountered pressure and pulled back at the 2505.16 line, and entered a volatile consolidation. The current market is volatile and consolidated at a high level. From a technical point of view, KDJ crosses downwards, and MACD bulls’ energy begins to shrink. It is expected that there will be a need to step back again to confirm support.

From a four-hour perspective, the top of Ether is under pressure on the middle rail line, the KDJ golden cross slows upward, the three lines are adjusted, MACD is in a short position and gradually shrinks and weakens. From the trend, Ether rebounded above 2500, and the bulls failed to go further Test upward and stabilize the 2500 support, then the short-term bulls have insufficient energy. It is recommended to rebound to the current price near 2500 during the day, with a target of 2420-2360 and a stop loss of 2560.

The market is changing rapidly, or you want to join the newspaper group to keep warm. I am Zhuge. Welcome to leave a comment!

In the era when the trend has no curtain, let the one side bloom forever. That special care is to retain the current time, let the one side continue, let the trend not change, calmly follow the trend, and be relaxed and leisurely.