The previous article gave a profit of 100 points for Ethereum long orders and 2000 points for Bitcoin long orders. I will not post any virtual profit charts or chat screenshots. I will publish market analysis and strategies from time to time. The strategies are verifiable on the entire network. If you are not operating well or are blindly without direction, you can find me to trade and learn! The long and short strategies in the previous article have been continuously profitable. Welcome to verify! The results are obvious, and it is easy to turn over the position. The market is like a battlefield, and the general is very important!
The price has recently fluctuated in the range of 3750 to 3850, forming a shock consolidation pattern. Multiple long lower shadows appeared on the daily K-line, showing strong buying support. On the hourly chart, the MACD fast and slow lines diverged upward, and the red column continued to expand, indicating that the short-term upward momentum was strong. On the daily chart, DIF and DEA were close to the zero axis, but there were signs of golden crosses, and it was necessary to pay attention to the subsequent trend confirmation. The hourly chart RSI was 59.93, which was at a medium-high level and had not yet entered the overbought range, with further upward space. The daily chart RSI was 54.29, which was also in the neutral to strong area. The current price is above all EMAs (7, 30, 120), and EMA7>EMA30>EMA120 showed a bullish arrangement, showing an obvious upward trend. The one-hour chart trading volume gradually increased, especially when the price broke through 3800 points, accompanied by a large volume, showing an increase in market participation.
The daily chart trading volume peaked on May 31, and then fell back, but still remained at a relatively active level. Personally, I suggest buying on the pullback in the future market direction!
ETH layout point: enter long orders in batches around 3720-3750.
Profit target: 3840-3870, you can take profit by yourself!
Stop loss: 3680
The market is changing rapidly, and personal opinions and suggestions are not real-time and are for reference only. If you are not sure about the entry point, you can V: BTC0800 to follow this blogger to give real-time points and directions based on the market situation!
