Zhang Lihui, edited at 7:47 AM Beijing time on November 22: Ethereum Market Analysis and Trading Suggestions:
The Bollinger Bands for Ethereum on the 1-hour chart are parallel. Last night, the market rebounded to the upper band but faced resistance and moved downward. It has just formed another rebound close to the lower band. The KDJ and RSI indicators are turning upward again, and the MACD is expected to increase in volume once more. The fast and slow lines have formed a golden cross and continue to move upward towards the 0 axis. There is still bullish space, and we will continue to see if it can successfully test the upper band again. If the upward test is successful, the market is expected to approach the EMA60 and MA60 range, which is close to yesterday's high. On the downside, we will continue to watch the lower band position for buying opportunities, with the stop-loss set below yesterday's low!
On the 4-hour chart, the Bollinger Bands are trending downward, and the bearish pattern has not changed significantly. However, there are clear signs of convergence at the lower band, but it has not yet exceeded yesterday's low. Lihui advises everyone not to heavily invest just because of a slight rebound. The current candlestick is facing pressure from the MA15 and the middle band. Throughout the day, we need to continue monitoring the convergence strength of the fast and slow lines and whether the RSI and KDJ can continue to cross upward to break through the key resistance of the middle band. If not, we can continue to enter short positions!
Today's suggested short entry point for Ethereum: Light short above 2860; stop-loss above 2950; targets at 2800-2750-2700; if broken, look for 2650-2620 for further downside!
Today's suggested long entry point for Ethereum: Light long below 2700; stop-loss at 2620; targets at 2780-2850; if it breaks above 2860-2910, you can continue to hold! 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 entry points in the article are for reference only; do not operate with heavy positions. Please set take-profit and stop-loss levels when entering, and take profits when favorable!
I, Lihui, interpret global economic news and analyze major trends in the cryptocurrency market. 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) and is for reference only; risks are to be borne by the reader. May we remain humble and brave in the complex cryptocurrency market, 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 your strengths and avoid weaknesses, create value, and remember the market's trials, 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 on 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。
