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 improve the win rate. At the same time, investing is also a process of growth. Mr. Coin advises all cryptocurrency friends to learn while trading, summarizing both gains and losses in a timely manner, deepening the understanding of risks, and planning the correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.
10.15 Ethereum (ETH) Market Analysis Reference
Ethereum made a strong correction yesterday, and the price did not break below the 4000 mark, interrupting the upward rhythm of the market. However, the subsequent bullish recovery was strong, and the trend did not dip to support as expected. Currently, the price has rebounded to around 4100 but faced resistance, leading to a stalemate between bulls and bears as the market enters a range consolidation.
Looking at the short-term hourly chart, the Bollinger Bands are narrowing, and the price fluctuation range is continuously being compressed. Currently, the market is fluctuating around the middle band, with various moving averages starting to flatten. The short-term market is leaning towards consolidation, and it is expected to continue for a while. If it breaks through the 4260 mark, the upper space will be further opened, and the market will return to the upward area. I hope all cryptocurrency friends are prepared in advance. The short-term upper resistance is around 4260, and the lower support is around 4030.
10.15 Ethereum Short-term Reference:
Short sell at 4230-4280 with a stop loss of 30 points, target below 4150,
Long buy at 4081-4031 with a stop loss of 30 points, target above 4120,
There may be a delay in sending the article, and the strategy suggestions are for reference only. The market changes rapidly, and no matter how high the confidence in market judgment is, stop-loss and take-profit must be properly managed. For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin) to get the addition method: the first ten each day can receive free exit strategies.
For more real-time trades, you can follow my public account for online market technical learning, exit strategies, etc. I have researched the market for many years, studying the major trends in the cryptocurrency space, and have studied extensively in the U.S. focusing on analyzing BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other coins. For those who are not familiar with trading, you are welcome to study and learn together.
Exclusive views, there may be a delay in sending the article, risks are self-borne, and it is important to control positions reasonably. Do not operate with heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, move forward together, and 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, sharpen your skills, and be ready to set off at any time. Let's go!
—— This article is written by Mr. Coin from the cryptocurrency circle, refusing to plagiarize and respecting originality!
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。