Long way to talk about coins: 11.16 Ether's uptrend was blocked and pressured to fall, you can pay attention to the daily support

11-16 10:3269198


Yesterday, Ethereum started to rebound from around 4516 in the morning. Although there was a shock in the morning, it rose to around 4770 in the evening and then fell back under pressure. It rebounded after just falling to around 4240, and the current situation oscillated around 4285.
Yesterday, Long Road stated in the article that the white market should first step back and go long. If the pressure level near 4760 cannot be stabilized, you can enter the market with an empty position. Friends who keep up can win 60+ for long orders, and those who can hold empty orders. Can win 300+, and the long road in the morning near 4460 also reminded that the market is still down. Congratulations to the friends who followed the long road operation.

Ethereum market analysis: From the 1-hour line, the Bollinger Bands are opening downwards, the MACD red measuring column is increasing, the KDJ opening is downwards, the RSI three lines run in parallel, the morning market fell below the support of the lower rail, the current situation is running near the lower rail , From the 4-hour line, the Bollinger Bands are opening downwards, the MACD red volume column is heavy, KDJ and RSI are both opening downwards. In the short term, the market has fallen below the support of the lower rail and out of the long lower shadow column, and today’s market It has fallen by more than 6%, and there will be a possibility of a rebound in the next step. The top can pay attention to the suppression near 4435.

On the daily line: Bollinger bands are shrinking, the MACD red measuring column is heavy, KDJ and RSI are both opening downwards, the market fell below the support of the middle track in the morning, and rebounded after breaking out of the low of 4240. From the disk, the market rebounded again. For the possibility of continuing to fall, focus on the support near 4150 at the bottom and the suppression near 4520 at the top. It is recommended to step back on the long road without breaking the 4240 low and do more, and then go short again at the rebound pressure.
Operational recommendations: Rebound near 4425-4475 and enter the market with empty orders, stop loss at 4510, take profit at 4375-4325, and continue to see near 4150 if it breaks.
Real-time operation strategy, you can find a way to find a long way (weibo) or dimension: btcc556

Reminder: The strategy is for reference only. The market operation should bring the stop loss and profit, and the profit target should be a batch stop profit and a moving stop loss, so as to avoid excessive profit taking while preserving profits.
Trading in the currency circle is in full swing all the time. How can we seize the opportunity to get a piece of the pie is everyone’s common desire. Please believe that "there is only one long road missing between you and the freedom of wealth." Under the guidance of the road, you will surely realize your dream of wealth in the currency circle faster and more steadily.

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All Comments(3)

Chibi Dino

Chibi Dino

Don't run, technical adjustment

11-16 10:38

OnChain Seaside

OnChain Seaside

Bulls turn to bears or mainstream coins to resist falling

11-16 10:37

Checking Out

Checking Out

Just like you

11-16 10:34
No More

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