Zhang Lihui, edited at 2:25 AM Beijing time on October 18: Ethereum Market Analysis and Trading Suggestions:
Recently, the most frequently asked question from fans is whether Ethereum can reach 3600. Lihui provides this data in comparison to the overall market data. Everyone can take a look at the position of Bitcoin's daily candlestick chart; if it hasn't reached that point, it can only be said that Ethereum is currently quite strong! What is reassuring is that everyone has heeded the advice and did not chase the price during the recent short-term rebound; otherwise, how many would have been crushed! The same indicators have appeared again on the 1-hour chart, with a short-term golden cross emerging in a downtrend. Everyone should not think about greedily pursuing bullish profits; isn't it better to patiently wait for a rebound to short? Do not go against the trend! The current candlestick is testing the upper track and the EMA30 range, and Lihui has emphasized many times recently that KDJ and RSI are approaching overbought risks!
If the short-term rebound is strong enough, then the EMA30 on the 4-hour chart can serve as a high-level replenishment point. As long as the market is in a downtrend within the 4H lower track range, finding a selling point becomes very simple. The fast and slow lines are also in the first contraction phase; why rush to bottom fish? Isn't it more stable to confirm a few more times before going long? Additionally, the current 4-hour middle track and the daily EMA120 have formed a rebound resistance point, and the lower track has already pierced the EMA180 moving average (3615) mentioned by Lihui yesterday. You can say it won't reach, but you have to believe it is taking its time! Because the fast and slow lines on the daily chart have already shown a second divergence opening downwards, and KDJ and RSI are still heading down, not yet entering the oversold zone. Can everyone understand this? So you need to understand why Lihui has always been looking at 3615! In the past, it would have already broken below the EMA220 (3490)! Therefore, there is no need to elaborate on the thought process; Lihui still recommends focusing on shorting during rebounds!
Today's Ethereum shorting suggestion: Light short above 3850; reserve for replenishment above 3970, stop loss at 4050; target 3760-3705; if it breaks below 3700-3670, you can continue to hold near 3615;
Today's Ethereum long suggestion: Light long below 3615, stop loss below 3550; target over 100 points; specific entry opportunities for long positions can follow 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. The suggested points in the article are for reference only; do not operate with heavy positions. Please set stop-loss and take-profit orders 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 unsure about trading, feel free to leave comments!
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 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. 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, draw 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 on this investment journey filled with 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, 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。
