AICoin: Ethereum's long-term rise has entered a correction phase intraday, beware of selling off, and wait for support before continuing the subsequent rise!
Every day, personal suggestions will be posted in the live trading group, grasping key points, controlling positions, and following trends. Mainly focusing on spot, contracts, adept at trend layout, operating around short-term waves, medium and long-term trends, daily, weekly, and monthly trend top and bottom predictions!
The current daily chart of Ethereum is oscillating at a high level for correction and bottom building. In the short term, there is still a certain gap between the main daily K-line and MA5. The pressure above in the short term is still quite obvious. After the short-term bottoming out, the subsequent market range can be opened. Intraday, due to the strong pressure above the weekly chart, the trend still needs to undergo a retracement and correction before opening the subsequent market range. The intraday support below is at the 2730-2750 level. If the short-term cannot hold the support, the further support is at the 2560-2600 level. Because the current pressure above is still relatively strong, the indicator is currently at a high level. After the short-term bottoming out, consideration can be given to an upward trend. Therefore, for the subsequent market, it is to wait for bottoming out, or to go through a round of selling off before continuing the subsequent rise and breakthrough!
The market fluctuates quickly. Due to the impact of review timeliness, real-time layout in the live trading group is the main focus for the subsequent market trend, and the suggestions are for reference only!
Official account: Daily Cryptocurrency Classroom
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