The academician of the coin circle has been investing in the coin circle for more than ten years. In your eyes, there is a profit of a hundred times leverage, while I am considering the risk of a deep abyss. The mindset determines the way out, and the different perspectives on the market determine whether you will take risks for profit, while I will let go of a profit to avoid risks. The academician team of the coin circle has carefully formulated a complete set of profit and break-even plans for you. When you join, we will think hard for you and escort every penny of your profit. Finally, I would like to remind everyone: strength is not for showing off, but for gaining more recognition. It is more important to do well in your own right than to seek validation from others. Whether it's a mule or a horse, take it out for a walk and you'll know. In your position, plan your own affairs. I have always been tirelessly advising, hoping that you can take fewer detours and make fewer mistakes in this market. Even though I advise earnestly, the road of investment still needs to be walked by yourself. Learning is endless, and only when you gain experience is it your wealth!
The academician of the coin circle wishes fans to achieve financial freedom in 2024. Keep it up.
Bitcoin BTC reference for today, March 17th:
The academician has already reminded everyone that the market is bearish. Now, as expected, the daily K-line closed with three consecutive declines. Although irregular, the bearish trend has formed, and the bearish sentiment has reached its peak. The daily K-line has fallen below the original support point of EMA15 at 66800. Currently, it is at the bottom of the arc, at the exchange point of 65500. If it cannot go up, be cautious of the main force washing out again. Pay attention to the daily K-line support point near 62700. MACD is decreasing, KDJ is opening up downwards, and after the Bollinger Bands contract, the support and pressure exchange point is near 66300. If it cannot go up, you can consider shorting at this position.
Looking at the current K-line position on the four-hour ultra-short trend, the K-line is currently at the EMA120 bottom support point of 35350. It has already fallen below it before the opening this morning, and now there is another short pullback. It is recommended to be bearish. MACD is decreasing, KDJ is pointing downwards, and the bottom support of the Bollinger Bands is pressing down at 64800. The overall trend is weak. There may be some upward momentum in the short term, so pay attention to whether the resistance level is strong enough.
The strategy is bearish: the first entry point near 67500 for a light short position, the second entry point is 68400, and then conservatively consider setting a stop loss at 69000. The target is to look at the first support point at 65300 and the second support point at 64800. Specific operations should be based on real-time strategies. This is for reference only, and the risk is yours.
Ethereum ETH reference for today, March 17th:
Ethereum has had three consecutive one-way market movements, all of which were predicted, from the bearish trend at 4040 to the continued bearish trend, and then to the 3500 in the early morning today. The space for back and forth movements is not just a gain of 500 points, but a gain of 1200 points. For those who did not gain, it's okay. Those who follow the academician's advice should have received a reminder to be bearish and cautious about going long.
After the opening at eight o'clock this morning, Ethereum saw a low opening and high movement, stretching from around 3460 to 3570, a 100-point stretch early in the morning. The daily K-line has fallen into the EMA moving average, standing above EMA30. In addition, it's the weekend today, so the market is expected to trade sideways at this level for the whole day. Good things take time. MACD is decreasing, and DIF and DEA are still spreading downwards at high levels. KDJ is opening downwards, and the midline of the Bollinger Bands at 3680 has turned from support to resistance. The short-term strategy for the day is another round of pullback. It is recommended to go long in the short term, then short at higher levels, and remember to set good take-profit and stop-loss levels.
The four-hour K-line has fallen below the EMA moving average support, and it is expected to have a rebound and rise during the day. Pay attention to the EMA moving average crossover point near 3740. After the MACD decreases, KDJ starts to contract. In addition, the K-line has been near the lower Bollinger Band at 3490. There is strong support below, and the resistance level above is relatively high. Pay attention to 3760. The short-term strategy for today is to go long first and then short at higher levels.
Suggested strategy: the first entry point for a short position is 3630, the second entry point is 3740, and the stop loss is 3850. The support levels below are 3500 and 3450. Specific operations should be based on real-time strategies. This is for reference only, and the risk is yours.
This article is exclusively provided by the academician of the coin circle and represents the academician's exclusive viewpoint. There is in-depth research on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the timing of the article's release, the above viewpoints and suggestions are not real-time and are for reference only. The risk is yours. Please indicate the source when reposting, and control your positions reasonably when trading. Do not over-leverage or go all in. The academician also hopes that investors understand that the market is always right. If you are wrong, you should reflect on your own problems and not let the profit that should have been in your hands slip away. There is no need to be smarter than the market in investment. When the trend comes, follow it; when there is no trend, observe and be patient. It's not too late to act after waiting for the trend to become clear. Tomorrow's success comes from today's choices. Heaven rewards hard work, earth rewards kindness, people reward sincerity, business rewards trust, industry rewards precision, and art rewards heart. Gains and losses are all in the details. Develop the habit of strictly setting stop-loss and take-profit levels for each trade. The academician of the coin circle wishes you a pleasant investment journey!
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