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Course topic: Practical skills sharing of three moving averages verified over the past decade!
BTC/ETH Trend Analysis and Opinion: Ethereum experienced a three consecutive decline after encountering resistance of 3450 on Tuesday, and retreated to 38.2% of the Fibonacci retracement ratio [3030], which happened to test the support effect of the moving average of 10ema-15ema that we repeatedly emphasized in yesterday's live broadcast; The current market quotation around 3080 indicates that the key position has arrived; The trend on Tuesday, Wednesday, and Thursday is completely consistent with the teacher's personal analysis and viewpoint; So, has the expected second round of bullish bands at the daily level officially arrived? The answer is highly probable, but it depends on the final closing of today's daily chart; If today's closing stops falling and the price of the bullish candlestick line closes around 3150, then the daily combination will show a stop falling bullish puncture combination, which is the arrival of the second round of bullish entry opportunities; Can enter the long position and set the defense below 3030 for a slight increase of 30-40 dollars; The target is still to see a strong breakthrough at 3450, and then look at 3700-3800; The key points that need to be emphasized must wait for today's closing to confirm; If the adjustment process continues to break through the 3030 level, there is still a risk of further dropping by 50% [2900]; As for how to grasp the timing and entry points of short and long positions for intraday short-term opportunities; We will share in the live broadcast room!
Short term trading opportunities within the day? Looking for specific locations? We will also share in the live broadcast room how to find opportunities for both long and short positions to enter;
Welcome to the Tencent Meeting live broadcast room to discuss and exchange with teachers for more details on currency operations and trading issues!
Recommended Idea [Multi Head]
Focus on Support Resistance Today
ETH resistance/3400-3560/support 3030-3000
For more details, welcome to the live broadcast room for discussion, learning, and exchange!
Tencent Meeting ID: 565-877-8060
Daily five live broadcasts start from 14:00-21:30 without interruption
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