Cryptocurrency trading is a long-term plan, not something that can be achieved overnight, so one should not be overly anxious. Even if there are short-term losses, there is nothing to fear. As long as the subsequent direction is chosen correctly, what has been lost will eventually return. However, it is important to grasp the timing of trades and the current market trends to increase the win rate. At the same time, investing is also a process of growth. Mr. Coin advises all cryptocurrency friends to learn while trading, and to summarize both gains and losses in a timely manner, deepening their understanding of risks and planning the correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.

11.18 Ethereum Market Analysis Reference

Ethereum maintains a weak oscillation in a low range, nearing the 3000 line as of the time of writing. The short-term trend is starting to lean towards a downward movement. As mentioned in yesterday's article, be cautious of the price dropping again, and the strategy is to go short in line with the trend. The intraday pullback has continued as expected, with the current price running around the 3010 line. Overall, the rebound is relatively weak, and one should still be cautious of the price breaking down further.

Looking at the short-term hourly chart, the mid-band resistance has dropped to around the 3150 line. If the price makes a strong rebound and breaks through this area today, the downward trend will temporarily slow down. Conversely, the downward trend will continue, so be prepared for the price to drop again today. The oscillating downward trend suggests that one should go short in line with the trend. The upper resistance is around 3180, while the lower support is around the 3000 line.

11.18 Ethereum Short-term Strategy Reference:

Short at 3215-3275 with a stop loss of 30 points, targeting below 3150.

Long at 2981-2911 with a stop loss of 30 points, targeting above 3060.

There may be delays in the article's release, and the strategy suggestions are for reference only. The market changes rapidly, and regardless of how confident one is in market judgments, it is essential to manage take-profit and stop-loss levels properly. Secure your profits, and for more real-time trading strategies and online technical learning, follow the mentor's public account (Mr. Coin Discusses Currency) for access: the first ten each day can receive free strategies for resolving positions.

For more real-time trades, you can follow the public account (Mr. Coin Discusses Currency) for online market technical learning and position resolution. I have researched the market for many years, studying the major trends in the cryptocurrency space, and have studied in the U.S. multiple times, mainly analyzing and guiding BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other coins. For those who are unsure about trading, you are welcome to study and learn together.

Exclusive opinions, there may be delays in the article's release, and risks are borne by the individual. Manage your positions reasonably, and do not operate with heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, to move forward together, and to keep pushing. In the depths of time, hold onto understanding. In investing, one must learn to be optimistic. Do not let your future self dislike your present self. We live authentically, but not every data revelation needs to be taken too seriously. Let the past be the past, and let the future come quickly! Take good care of yourself, prepare well, and be ready to set off at any time. Let's go!

—— This article is written by Mr. Coin from the cryptocurrency circle, no plagiarism allowed, respect originality!

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