11.12 Zhang Lihui: The bullish momentum is unstoppable; continue to profit from Ethereum long positions; where are today's entry opportunities? Latest Ethereum (ETH) market analysis reference!

Yesterday's article set by Lihui aimed for long positions in the 3130-3160 range, which once again accurately reached the target of 3320, securing at least 220 points+; indeed, following the bullish trend makes it relatively easier to profit;

Looking at the 4-hour Bollinger Bands, the k-line has crossed the upper band and reached above the 3300 level; the bullish momentum continues, with the MACD still contracting below the 0 axis, and the DIF and DEA are forming a convergence, so be aware of the occurrence of divergence; if the market can pull back, attention can be paid to the middle band and EMA7, EMA10 positions for entry;

In the daily chart, the Bollinger Bands are closing upward, the lower band is rising, and the k-line is breaking through the high point of 31 mentioned yesterday. Once broken, it can continue to look towards the high point around July 29, which is the 3400 level. From the Fibonacci retracement direct pressure, it can be seen that there is indeed resistance at the 3320 level, which may lead to a retracement. The lower area is around the 4-hour EMA7-EMA10 positions, so this can be a good point for building positions;

In summary, Lihui believes that bullish space continues to exist, and one should continue to enter on dips; short positions should still be approached cautiously, and entry opportunities need to combine with real-time market changes before layout, with specific operations based on Lihui's real-time notifications!

Beijing time November 12, 2:22 AM edit: Suggest light long positions on dips in the 3230-3200 range, with a stop loss below 3150; target to look at 3330-3390, breaking above 3400-3420 can continue to hold until near the 3480 position, which is around the high point of July 24;

The article's review and push have delays, and the market changes rapidly. Specific entry opportunities must be combined with real-time operations, based on real-time notifications. The suggested points in the article are for reference only; do not over-leverage, enter with proper take profit and stop loss, and take profit when it's good! $BTC