Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/5658778060
Course 1: Ethereum+Small Currency/Short term Opportunity Capture
Course 2: Three Moving Average Parameters+Candlestick Chart Form Practical Skills
Course 3: Answering questions about student fan trading positions
ETH technical trend analysis: Last weekend, the cryptocurrency market experienced a cliff like plunge, and over $19.3 billion in cryptocurrency positions were liquidated within 24 hours on Friday, Saturday; 1.67 million traders were liquidated; Performance can be described as a crime that has made history; It is the largest liquidation event on record; On Sunday, there was a strong rebound in the market, which was both an unimaginable sharp drop and an unimaginable explosive rise
Returning to technical trends: Ethereum's current price is around 4160; Rebounded from last week's low of 3400 to around 760 US dollars and closed with a large bullish candlestick pattern on Sunday; Returned to the middle section of the descending channel; At present, the price test is based on the dead cross of the three moving averages at 10em-15ema and the middle track of the Bollinger Bands; Suppressing effective prices will result in a pullback; Breakthrough will test again on track 4500-4600
Operation strategy: Mainly refer to the Fibonacci retracement ratio of 61.8% in the hourly cycle [4238-4250]. You can wait for the peak signal to appear and try to short; Defensive reference above 4250, targets can be seen at 3900-3850 respectively. Feel free to give 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 [bear]
Today's focus is on support resistance/ETH resistance 3950-4000/support 3400-3350
For more details, welcome to the live broadcast room for discussion, learning, and exchange!
Five live broadcasts per day start time: from 3:30 pm to 2:30 pm without interruption/from 8:00 am to 3:30 pm for the previous day's recorded playback
Tencent Meeting ID: 565-877-8060
QQ group number: 835657547
QQ group link: https://qm.qq.com/q/VrTKoLDTec
Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.