Zhang Lihui, edited at 2:44 AM Beijing time on May 22: Ethereum market analysis and trading suggestions:
There’s nothing to question about the plunge in the early morning; extremes must reverse, and the liquidation of long positions is on the way, albeit late! Yesterday's Ethereum article indeed incurred a small loss, which I have also made public, and everyone can see that under the condition of Bitcoin's strong intraday rally, this was the only way to go! The principle of small losses leading to big gains remains unchanged! Only by keeping some bullets can we face the next battle. This morning, I arranged a short position above 2600, and within half an hour, I made another 100 points, recovering the small loss! As you can see, after the 4-hour upper band was hit on the early morning candlestick, there was a rapid pullback, directly returning to the lower band and coinciding with the EMA60 position. The current candlestick intends to continue breaking down, so the next position to watch is the EMA80 level. If this level cannot hold, then the major downtrend will continue to the EMA120 position, with the fast and slow lines converging again, and a death cross forming soon; therefore, the short-term rebound strategy remains focused on short positions, with today’s upper focus on the mid-band and upper band.
In fact, the reason Lihui has consistently maintained a bearish outlook can be clearly seen from the daily chart; the thinking is definitely correct, but the stop-loss level was set a bit too close, which is also for the safety of the fans; from the fast and slow lines, it has been in a converging phase, and the current high-level death cross is already unavoidable, so let’s continue to watch the bearish trend unfold; the upper peak still looks at the EMA300 position I have mentioned for many days, while the lower side first looks at the lower band and the coinciding positions of EMA180 and EMA15. If this position is lost, then everyone should just wait and see!
Today's Ethereum short position suggestion: light short above 2520; reserve the 2620 position for additional purchases, stop-loss at 2650; target 2460-2410; if it breaks 2400, you can continue to hold until the 2310 position; 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, and specific entry opportunities must be combined with real-time operations, with real-time notifications as the standard. The suggested entry points in the article are for reference only; do not operate with heavy positions. Please set stop-loss and take-profit levels when entering, 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. For those who are not familiar with trading, feel free to comment and leave messages!
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. Just as "the road 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’s 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。
