Zhang Lihui, edited at 2:18 AM Beijing time on November 17: Ethereum market analysis and trading suggestions:
Ethereum's intraday rebound is close to the 3250 level, facing resistance and pulling back again. The market has already broken below the low point from the 4th of this month. Currently, the daily chart has challenged the MA450 and the 3000 support level, forming a rebound. Lihui believes this week it will not hold, as the lower boundary has pierced through the dual support of MA300 and MA450, and with KDJ and RSI not yet out of the oversold condition, the downward space will continue.
In the weekly chart, the market has broken below the MA60 moving average. If it continues to test the 3000 support level today and fails to hold, it will further test the EMA120 and MA120 range. The J value in KDJ is close to 0, so caution is needed for short positions as a short-term reversal may occur. The RSI1 is close to 25 and not yet oversold, indicating that there is still downward space. Therefore, the strategy remains to hold high shorts and low longs. For short-term rebounds, the focus should still be on the pressure near yesterday's intraday high and the downward pressure position of the daily MA7 to open short positions!
Today's Ethereum short position suggestion: Light short above 3200; stop loss above 3280; target 3120-3030; if it breaks, look to hold near 3000 down to 2910!
Today's Ethereum long position suggestion: Light long below 2910, stop loss below 2850; target 2980-3080-3160; specific entry opportunities for long positions can be followed through Lihui's real-time updates!
There may be delays in article review and push notifications; the market changes rapidly. Specific entry opportunities must be combined with real-time operations, and notifications should be prioritized. The suggested points in the article are for reference only; do not operate with heavy positions. Please ensure to set take-profit and stop-loss levels when entering, and take profits when favorable!
I, Lihui, interpret world economic news and analyze global cryptocurrency trends. During my studies in the U.S., I conducted in-depth research on cryptocurrencies such as BTC, ETH, LTC, DOT, EOS, BNB, and SOL. I welcome comments and messages from those who are not familiar with trading!
Scan below to follow the author and add Lihui for more daily real-time strategies and free solutions!
This article is exclusively published by (WeChat public account: Zhang Lihui) for reference only, and the risk is borne by the reader. May we remain humble and brave in the complex cryptocurrency world, unafraid of challenges and willing to explore. As the saying goes, "The road ahead is long and has no ending; yet high and low I'll search with my will unbending." I hope we keep pace with the times, absorb wisdom, travel thousands of miles, weather storms, and gain insights into life.
May you, under Lihui's guidance, leverage strengths and avoid weaknesses, create value, and remember the market's baptism, staying true to your original intentions. In the wave of digital currency, may we hold onto our beliefs, forge ahead, and together compose a brilliant future, sharing the joy of success. Let us work hand in hand to create brilliance in this investment journey filled with challenges and opportunities!
Warm reminder: The above content is solely created by the author of the public account. The advertisements at the end of the article and in the comments section are unrelated to the author. Please discern carefully, and thank you for reading!
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。
