11.7 Zhang Lihui: The low multi-god layout before the election is once again verified, achieving a super large space. Is there a possibility for Ethereum to catch up? Today's latest Ethereum (ETH) market analysis reference! #BTC创历史新高 #特朗普宣布胜选 #英国养老金计划配置BTC #BTC☀ $BTC
Continuing from the last article:
In terms of technical indicators, we can see that the 4-hour Bollinger Bands channel continues to open upwards, MA7 is breaking through MA120 upwards, and this short-term pullback can serve as a replenishment point; MA10, MA15, and MA30 are all actively rising, including MA60 and MA120 as well, the bullish trend is ready to take off, the MACD medium volume peak has reached 60, and it is expected to rise further. The DIF and DEA are continuing to open with a low golden cross;
On the daily level, the Bollinger Bands channel continues to open, the upper band successfully surpasses the MA120 mentioned yesterday, and the current K-line is striving to approach this position. As mentioned yesterday, as long as the daily K-line breaks the MA15-120 moving average resistance, it will reach the MA120 position; it is just a matter of time. The MACD is strongly shrinking below the 0 axis, the DIF and DEA are about to form a convergence, still looking for the golden cross to form a bullish trend to fully open up. Although late, it will arrive. Lihui has always believed that the current price of Ethereum is relatively low, and the upper space is still very considerable; it may just need a substantive positive factor to advance more powerfully. Everyone is waiting and watching for the opportunity to explode. Of course, this is also Lihui's personal view; trading should still be treated with a calm mind. No matter how favorable the trend is, it is crucial to manage stop losses to ensure capital safety!
Beijing time, November 7, 2:01 AM Editor: It is recommended to accumulate light longs in the 2615-2590 range on pullbacks, reserving the 2540-2505 range for replenishment, with a stop loss at 2490; the target is set at 2660-2710. If it breaks above 2715-2725, it can continue to hold until the 2750 position. Then pay attention to whether the 21-day high point of 2770 can be effectively broken before considering whether to enter a short position; opportunities for short positions should be combined with real-time market changes to enter the layout. Specific operations are subject to Lihui's real-time notifications!
There may be delays in article review and push, market conditions change rapidly, and specific entry opportunities must be combined with real trading operations, subject to real-time notifications. The suggested points in the article are for reference only; do not operate with heavy positions. When entering, please manage profit-taking and stop losses, and take profits when favorable!
