Zhang Lihui, edited on May 19 at 1:39 AM Beijing time: Ethereum Market Analysis and Trading Suggestions:
Due to Texas actively promoting the Bitcoin Reserve Bill, positive news has once again impacted the market, causing Bitcoin to break through its previous high. Ethereum has also been pulled back. Currently, it is just at the trend line position of the 4-hour chart, forming a pullback. It is recommended to remain calm before entering the market; there is currently a pullback signal on the 1-hour chart. It is suggested to pay attention to whether EMA30 and the lower boundary can provide secondary support, as the lower Bollinger Band is also narrowing upwards and overlapping with EMA180. If it breaks down, we need to continue watching the low point from yesterday; thus, the high point resistance can still consider the position of 2650 on the 16th.
The 4-hour Bollinger Band has once again formed an opening shape. Although the market is in a rebound phase, the lower band has not narrowed upwards but continues to stay at the EMA60 position, indicating that there is still space below, which must be guarded against. Lihui has always emphasized maintaining high short positions during Bitcoin's high-level consolidation, and Ethereum is no exception. It is worth noting that the DIF and DEA are once again converging at the 0-axis horizontal line, intending to form a golden cross. Therefore, both long and short positions at this level carry risks; either wait for the upper space to finish before shorting, or wait for a pullback support to go long. This is already the third convergence, and its success or failure is also a very critical signal!
Today's Ethereum short position suggestion: Short in the range of 2620-2650; stop loss at 2690, which is still under the pressure of the overlapping daily MA180, MA220, and MA300; target 2520-2460; if it breaks down to 2450-2430, you can continue to hold.
For long positions, continue to pay attention to the secondary support in the range of 2400-2450, with a target of over 100 points of space to take profit freely! Specific entry opportunities can be followed through Lihui's real-time updates!
There may be delays in article review and push notifications; the market changes rapidly, and specific entry opportunities must be combined with actual operations. The suggested points in the article are for reference only; do not operate with heavy positions. Please set stop-loss and take-profit levels when entering the market, and take profits when they are good!
I, Lihui, interpret world economic news and analyze global cryptocurrency trends. During my studies in the U.S., I conducted in-depth research on BTC, ETH, LTC, DOT, EOS, BNB, SOL, and other cryptocurrencies. I welcome comments and messages from those who are not familiar with trading!
Scan below to follow the author and add Lihui to receive more real-time strategies and free solutions daily!
This article is exclusively published by (WeChat Official Account: Zhang Lihui) and is for reference only; risks are 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 intention. In the wave of digital currency, may we hold onto our beliefs, forge ahead, and jointly compose a brilliant future, sharing the joy of success. Let us work hand in hand to create brilliance in this investment journey full of challenges and opportunities!
Warm reminder: The above content is solely created by the author of the official account. The advertisements at the end of the article and in the comments section are unrelated to the author. Please discern carefully. 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。
