April 22, Tuesday Strategy Update Last night, affected by the sharp decline in the US stock market, Bitcoin fell below 87,000, and Ethereum dropped even more, falling to 1,530, a 100-point drop. This article still takes Ethereum as an example. In terms of pattern, Ethereum followed an inverted V route last night, with significant resistance above. On the 4-hour K-line chart, a rectangular oscillation pattern has formed, making it difficult for the market to rise in the short term. In terms of trading volume, the increase in volume during a downturn indicates a bottom, so it is unlikely to continue washing down to around 1,530, but there is a Bollinger band mid-line resistance around 1,600, and the market is still primarily bullish. The 15-minute MACD has a dead cross and is below the 0 axis. RSI is less than 50. Therefore, Ethereum's market is still primarily bullish, with a support level at 1,530 and a resistance level at 1,600. (Short near the resistance level) Prioritize shorting Ethereum (Bitcoin and Solana are strong, do not short easily, rather focus on low buys).
4.17 Strategy Analysis (Personal Advice, for Reference Only, Profit and Loss at Your Own Risk) Yesterday's market for Ethereum broke below the important support level of 1530, then near 1530 it halted its decline and started to rebound, but the main force supporting the market was not very obvious. This morning it took a retracement route and reached around 1600. The one-hour Bollinger Bands have been consistently moving along the middle to lower bands, and in the short term, the focus is still on high positions, with the bottom volume not yet increasing. The 4-hour K-line pattern has broken below an important support level, forming a continuation pattern in the upward process—rectangular oscillation, high short and low long, with about three times profit available for taking profits and exiting. The RSI for both one hour and four hour is below 50, and the bearish force remains strong. Next, pay attention to the following key support levels (support for long positions, resistance for short positions): Ethereum Support 1538, 1471 Resistance 1630, 1690 Bitcoin: Support 83000, 82000 Resistance 86500, 85500 Position control at 5%, today is Thursday, with not much fluctuation during the day.
April 12 Weekend Ethereum Market Analysis: Current Ethereum near 1595
The BOLL indicator shows the price is close to the upper band (UP: 1,591.67), and the price is near the upper band, which may indicate a potential pullback pressure. KDJ has entered the overbought zone, indicating a short-term need for a pullback, but the long-term outlook remains bullish. Trading volume is significantly insufficient, limiting the upside. Currently, there are no obvious positive news, focusing on short positions in the short term. Current price 1595 short, Take profit in the range of 1550 - 1530, Stop loss at resistance level in the range of 1660 - 1640.
After playing football with the big shots in the crypto world at night, he lost and treated me to a nice meal, chatting about the current market.
1. If Bitcoin doesn't break 92,500, it might need to undergo a deep correction.
2. The top five trending coins are OM PUNT SOL ETH DOGE.
4. If RIFSOL can hold above 17, that would be a very good bottom price.
5. Elon Musk's new concept coin THE DOGEFATHER.
6. The range on the hourly chart for SUI is getting weaker, and Bitcoin's decline is happening even faster.
7. A friend shorted and got liquidated; his wife and family are trying to comfort him, but he still jumped off. He lives on the sixth floor and survived, so never go against the trend.
Last night there was a violent surge, and Bitcoin rose tremendously! Ethereum also had a good recovery, and there's a lot of profit to be made. Let's all cheer together! Let's all share the gains!
List of currencies listed on Binance in 2024 that have fallen
Falling by more than 80% SAGA DYM PORTAL STRK
Falling by more than 70% MANTA OMNI ALT AEVO PYTH AEVO
Falling by more than 60% ETHFI AI IO W
Falling by more than 50% ENA REZ
Falling by more than 40% ZK
Back to original price 00% BB
Increasing by more than 20% NOT
Increasing by more than 40% JUP
Increasing by more than 70% ZRO
Among them, the projects mainly based on the Ethereum ecosystem, except for ETHFI, which has a bright performance after the opening, the rest are basically in a death spiral decline
Among them, the ones that have already set off a high level of enthusiasm in the wool market before going online are at the forefront of the crypto market
I heard that going long is as good as going long, but I chose to be a chicken for fun, and I accidentally made 2.2 times the profit. At any time, it is important to believe in yourself.
If your two children fight, you will definitely ask the reason and try to be fair. However, if your two pigs fight, you will definitely beat both pigs together. Why? Because you just want peace in the pigsty, you are not doing justice for the pigs!
Today is really an exciting day. The contract is really a matter of one thought. I kept adding positions until I lost $8,000. Later, I got out of the position. It turns out that the support level theory is correct. Come on, I hope there will be a surprise tomorrow morning! !
What if we go in the wrong direction? First of all, we must have a good mentality. The mentality of leeks is to fear liquidation, but for a contract veteran, as long as it falls below the support, either cut the meat immediately or quickly open two accounts. In this way, you make a profit and a loss, and your risk is the smallest😝😝😝 My success rate is also above 85%, but not 100%
How do people lose money? Check if you belong to the following two types Chasing up and selling down, seeing floating loss or floating profit, you want to sell it immediately, and your mentality is easy to collapse. Opening both long and short positions, the position is indeed far away from the liquidation, but one profit and one loss, pay more handling fees, and it is easy to hang in the unilateral market. The principal is small, the position is large, and the position is too close to the liquidation, the mentality is more likely to have problems, the more you do, the more mistakes you make, and the mistakes are made! ! ! #合约副本