Lao Hao's Coin Talk: Morning Analysis on 3.12

CN
1 year ago

Understanding trends is the core of investment, the focus of investment, and the difficulty of investment. It is difficult to understand the value of each trend without years of investment insights, extensive reading, and contemplation. How can we understand each trend and make appropriate and reasonable plans for each investment? Apart from diligent reading and investing a lot of time to gain insights, there is no better way, in short, a significant time cost is inevitable. Of course, smart people can learn from others and use the cost of money to save time costs, standing on the shoulders of predecessors to contemplate.

Yesterday morning, Ethereum forked strongly to 3720 points, and after running throughout the day, it has broken through to over 4050, currently reaching a historical high and still rising. What do you think about the increase of over 100 points? We just need to follow the trend and exit perfectly. The current price is around 4060.

Looking at the one-hour chart, the trend is also upward, as it either pulls up strongly in the morning or pulls back strongly. The old prediction is that it will break through strongly to 4100. The only thing we must do today is to wait for the low point and go long at the low point.

BTC strategy: Go long around 72000, with a target of 73500.

ETH strategy: Go long around 4050, with a target of 4150.

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