Mr. Coin in the Crypto Circle: On August 15, Ethereum at the 4600 level is a critical point for long and short positions. Can it stabilize and move upward during the day? Today's latest market analysis of Ethereum for reference, including operational reference ideas.

CN
15 hours ago

Cryptocurrency trading is a long-term plan, not something that can be achieved overnight, so one should not be overly anxious. Even if there are short-term losses, there is nothing to fear. As long as the subsequent direction is chosen correctly, what has been lost will eventually return. However, it is important to grasp the timing of trades and the current market trends to increase the win rate. At the same time, investing is also a process of growth. Mr. Coin suggests that all cryptocurrency friends learn while trading, summarizing both gains and losses in a timely manner to deepen their understanding of risks and to plan the correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.

8.15 Ethereum (ETH) Market Analysis Reference

The Ethereum trend has broken through and is continuing to reach new highs, just a step away from the historical peak. Subsequently, the trend faced strong resistance and retraced around 4788, breaking the 4600-4500 support level. Fortunately, it did not fall below the 4400 line. Currently, the price is operating around the 4560 line, and the market has not further deepened its retracement. If the price stabilizes at the 2600 position, the market will return to an upward trend.

On the 4-hour level, a double top structure has formed around 4565, with the previous high of 4788 constituting strong resistance, and the low of 4453 providing short-term support. The daily level shows a long bearish candle at a high position, accompanied by a volume increase in the decline, confirming a short-term top signal. MACD: The 4-hour level DIF has crossed below DEA, forming a death cross (118→145), while the daily level shows a shrinking red bar but remains at a high level (318→251), indicating a decrease in bullish momentum. EMA: The price has fallen below the 4-hour EMA7 (4626), while the daily EMA7 (4383) and EMA30 (3813) golden cross has not been broken, indicating that the medium to long-term trend remains strong. Therefore, it is recommended to focus on long positions during retracements, with support at the 4400 line and resistance at 4680.

8.15 Ethereum Short-term Reference:

Try shorting lightly at 4680-4750, with a stop loss of 30 points and a target below 4620.

Try going long at 4400-4451, with a stop loss of 30 points and a target above 44500.

There may be delays in article posting, and strategy suggestions are for reference only. The market changes rapidly, and regardless of how confident one is in market judgments, it is essential to manage take-profit and stop-loss orders properly. For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin) for ways to add: the first ten each day can receive free exit strategy advice.

For more real-time trades, you can follow my public account for online market technical learning, exit strategies, etc. I have researched the market for many years, studying the major trends in the cryptocurrency space, and have studied extensively in the U.S. focusing on analyzing and guiding BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other coins. For those who are not familiar with trading, you are welcome to study and learn together.

Exclusive views, there may be delays in article posting, risks are self-borne, and it is important to control positions reasonably. Do not operate with heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, to move forward together, and to keep pushing. In the depths of time, hold onto understanding. In investing, one must learn to be optimistic. Do not let your future self dislike your present self. We live authentically, but not every data revelation needs to be taken too seriously. Let the past be the past, and let the future come quickly! Take good care of yourself, prepare well, and be ready to set off at any time. Let's go!

—— This article is written by Mr. Coin from the cryptocurrency community, no plagiarism, respect originality!

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。

押中BTC走势奖$10万,注册送$10,000
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink