Zhang Lihui, edited at 2:11 AM Beijing time on December 3: Today's Ethereum (ETH) market analysis and trading suggestions:
Ethereum has formed a perfect U-shaped rebound on the 4-hour chart, with the price rising above 3000 again. The current Bollinger Bands are opening, and the candlestick is continuing to challenge the EMA120 position. It is important to note that EMA120 played a key resistance role in the last rebound, so the resistance point for this rebound can also be used as a reference. Pay attention to the pressure above the previous high and consider shorting; if it breaks through, we can look to the EMA180 and MA180 crossover (3155-3175) pressure zone as a second short entry point. In the MACD, there is an increase in volume above the 0 axis, and the fast and slow lines have formed a golden cross, indicating that bullish momentum is present. Therefore, we can only capture the market's pullback space after extreme overbought conditions. Currently, as we approach the previous high, chasing long positions is certainly unrealistic; we can only wait for high shorts or low longs after a pullback! Since the candlestick is in the middle to upper band range, the support for low longs can be seen at the EMA30 and the middle band, which is also the take-profit point for short positions!
Today's Ethereum suggested short entry point one: try shorting above 3050, with a stop loss at 3105; target 2980-2915-2860; if it breaks below 2840-2800, the short position can continue to be held; if the stop loss is triggered, it can be adjusted to the 3155-3175 range, with the same target remaining unchanged!
Today's Ethereum suggested long entry point one: light long below 2860, with a stop loss below 2800; target 2950-3050; if it breaks above, look to hold until 3080-3100 and then up to above 3155. Specific entry opportunities for long positions can be followed through real-time updates from Lihui!
There may be delays in article review and push notifications; the market changes rapidly, and specific entry opportunities must be combined with real-time operations. 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 available!
I, Lihui, interpret global economic news and analyze major trends in the cryptocurrency world. During my studies in the U.S., I conducted in-depth research on cryptocurrencies such as BTC, ETH, LTC, DOT, EOS, BNB, and SOL. For those who are unsure about trading, feel free to leave comments! This article is exclusively published by (public account: Zhang Lihui) for reference only; risks are to be 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 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 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。
