Coin Circle Academician: "Deciphering Market Volatility" on the evening of September 11: Double Insurance Strategy for Bitcoin and Ethereum! Latest Analysis

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1 month ago

I am a "coin circle academician" who has always been a warrior protecting the "leeks" (novice investors). I wish my fans to achieve financial freedom in 2024. Let's work together!

Coin Circle Academician: September 11, 2024 Bitcoin and Ethereum (ETH) Evening Market Analysis

The strategy point given yesterday reached 2320, and it is possible to start a long position trial warehouse. For those who have not entered at 56100 for Bitcoin, this is an opportunity to do so. Some people are worried that the evening news may be bearish, or there may be a situation of up and down needles. Regardless of how the market changes, as long as the support level is effective, you can start a trial warehouse. Set a good stop loss to give yourself a chance to try the warehouse. The four-hour K-line of Bitcoin has reached the EMA15 and 30 support points above 56000, and the MACD volume is decreasing. The DIF and DEA are also contracting. From the market, it can be seen that it has already retraced to the middle support point of the Bollinger Band. Therefore, entering can set a good stop loss below 56000 by two to three hundred points. If it breaks, do not hold and look for the next trial warehouse point.

Looking at Ethereum, the short-term trend has reached the support point of EMA30. Now, whether it can hold the neckline position in the range of 2300 to 2320, if held, you can continue to hold the long position. Because there are bearish indicators in the market now, it is necessary to set a good stop loss to prevent the main force from emptying.

Reference strategy:

Long position trial warehouse for Bitcoin at 56200, stop loss at 55800,

Long position trial warehouse for Ethereum at 2320, stop loss at 2290

Safety first, remember that the market is not 100% certain, so be sure to set a good stop loss. Safety first, small losses and big gains are the goal.

Specific operations should be based on real-time market data. For more information, please consult the author. The article is published with a delay, and it is recommended for reference only. The risk is self-borne.

This article is exclusively provided by the "coin circle academician" and represents the exclusive views of the academician. There is in-depth research on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the timing of the article's release, the above views and suggestions are not real-time and are for reference only. The risk is self-borne. When reprinting, please indicate the source. Manage your positions reasonably and avoid heavy or full positions. The academician also hopes that investors understand that the market is always right. If you are wrong, you should summarize your own problems and not let the potential profit slip away. There is no need for investment to be smarter than the market. When the trend comes, follow it; when there is no trend, observe and be patient. It is not too late to act after waiting for the trend to become clear. Tomorrow's success comes from today's choices. The way of heaven rewards hard work, the way of earth rewards kindness, the way of people rewards sincerity, the way of business rewards trust, the way of industry rewards precision, and the way of art rewards heart. Gains and losses are all in the blink of an eye. Develop the habit of strictly setting stop-loss and take-profit for each trade. The "coin circle academician" wishes you a pleasant investment!

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