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Course 1: Master core trading techniques; Will no longer worry about gains and losses
Course 2: Three Moving Average Parameters+Candlestick Chart Form Practical Skills
Course 3: Ethereum+Small Currency/Short term Opportunity Capture
Cryptocurrency, collective decline!
On August 25th, the cryptocurrency market experienced a significant drop. As of press time, Bitcoin fell below the $111000/coin mark, with a drop of over 3.3% within 24 hours; Ethereum, Dogecoin, Solana, and Adacoin fell by over 3%. According to CoinGlass data, in the past 24 hours, the global cryptocurrency market has experienced over $840 million in liquidation, with more than 166000 people experiencing liquidation.
ETH technical trend analysis: Ethereum showed a strong bullish trend last week, breaking through the 2021 historical high of 4877 near the weekly low of 4100 and reaching a new high of 4957.67 US dollars before quickly experiencing stagflation. On Friday, the candlestick chart of the six day three trading day line showed a high pregnancy line and a long legged cross star peak signal, followed by an expected pullback on Monday yesterday; From the intraday high of $4796, it fell all the way to $4331 and closed at a lower price of $4374, showing a large bearish candlestick pattern with a drop of over 8%; Expected short-term strong bullish trend of Ethereum will come to a temporary end and enter the maximum range of adjustment cycle. Resistance above 5000 and support below 4000. Investment partners can refer to the above resistance support for internal high selling and low buying operations
Operation opportunity prompts high selling and low buying within the range of significant daily fluctuations; Welcome to share your suggestions!
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 [Shake]
Today's focus is on support resistance/ETH resistance 4957-5000/support 4100-4000
For more details, welcome to the live broadcast room for discussion, learning, and exchange!
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