#参与动态用户问卷调研,瓜分$1,000奖池 📣 Is the callback of Ether's upward trend over or is the correction building up strength to continue rising? 📈
Ether has broken through the $3,600 barrier and may experience a pullback in the short term, but the overall trend remains bullish. The on-chain issuance of 10 billion USDT for Ether indicates strong market demand. It is recommended to go long during the pullback for future operations! Continuing to layout Long orders on Ethereum has been profitable for frens for several days. Currently, frens are profiting individually. From the current trend, Ethereum still has room for a pullback, but the downside is not too significant. Below, pay attention to the position of 3590, which is the lower track of the four-hour Bollinger Bands indicator. If it breaks the trend, it will continue to decline; if it stabilizes, the trend will further rebound! You can continue to pay attention to Long orders on Ethereum in the evening. 【Analyzing Ether price trends from a four-hour perspective】 Candlestick Patterns: Recently, the candlestick chart shows price fluctuations at high levels. On December 2nd, there was a long upper shadow, indicating strong selling pressure above. On December 3rd, the candlestick chart shows a slight decline, forming a bearish market sentiment. Technical Indicators: Divergence and convergence moving averages: Currently, both DIF and DEA are negative and diverging downwards. The histogram of the divergence and convergence moving averages is also in the negative zone, indicating a possibility of further weakening in the short term. Relative Strength Index: The relative strength index has fallen from the overbought zone and is currently approaching the neutral level, but has not yet entered the oversold zone, indicating that the market has not fully turned to a bearish trend. EMA: EMA7 (3633.95) has fallen below EMA30 (3623.21) and is gradually approaching EMA120 (3378.61), indicating a bearish short-term trend. Pay attention to the support role of EMA120. Trading Volume: On December 2nd, the volume significantly increased, accompanied by the rise and subsequent fall in prices, indicating an intensifying disagreement between bulls and bears. On December 3rd, the volume decreased, and market sentiment became more cautious, with participants waiting for direction. 12/3 Evening ETH Ethereum Stable and Profitable Layout: Suggest entering long positions near Ethereum3590-3610, with a take profit range of 3630-3660. If Ethereum stays stable above the four-hour midline, you can further hold long positions! If there is a correction around 3560, it is recommended to go long and add margin. Target range: 3600-3630. I specialize in Bitcoin and Ether macro predictions and accurate trading. When trading, don't just analyze when you see opportunities. Taking the first step is the most important. I hope more people can learn from me to seize money-making opportunities and actually achieve the expected income! $Ether $Bitcoin #Participate in the 5th Thanksgiving Honor Points Lottery to win a Macbook, exquisite peripherals, and other gifts!
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#参与动态用户问卷调研,瓜分$1,000奖池 📣 Is the callback of Ether's upward trend over or is the correction building up strength to continue rising? 📈
Ether has broken through the $3,600 barrier and may experience a pullback in the short term, but the overall trend remains bullish. The on-chain issuance of 10 billion USDT for Ether indicates strong market demand. It is recommended to go long during the pullback for future operations!
Continuing to layout Long orders on Ethereum has been profitable for frens for several days. Currently, frens are profiting individually. From the current trend, Ethereum still has room for a pullback, but the downside is not too significant. Below, pay attention to the position of 3590, which is the lower track of the four-hour Bollinger Bands indicator. If it breaks the trend, it will continue to decline; if it stabilizes, the trend will further rebound! You can continue to pay attention to Long orders on Ethereum in the evening.
【Analyzing Ether price trends from a four-hour perspective】
Candlestick Patterns:
Recently, the candlestick chart shows price fluctuations at high levels. On December 2nd, there was a long upper shadow, indicating strong selling pressure above. On December 3rd, the candlestick chart shows a slight decline, forming a bearish market sentiment.
Technical Indicators:
Divergence and convergence moving averages: Currently, both DIF and DEA are negative and diverging downwards. The histogram of the divergence and convergence moving averages is also in the negative zone, indicating a possibility of further weakening in the short term.
Relative Strength Index: The relative strength index has fallen from the overbought zone and is currently approaching the neutral level, but has not yet entered the oversold zone, indicating that the market has not fully turned to a bearish trend.
EMA: EMA7 (3633.95) has fallen below EMA30 (3623.21) and is gradually approaching EMA120 (3378.61), indicating a bearish short-term trend. Pay attention to the support role of EMA120.
Trading Volume:
On December 2nd, the volume significantly increased, accompanied by the rise and subsequent fall in prices, indicating an intensifying disagreement between bulls and bears. On December 3rd, the volume decreased, and market sentiment became more cautious, with participants waiting for direction.
12/3 Evening ETH Ethereum Stable and Profitable Layout:
Suggest entering long positions near Ethereum3590-3610, with a take profit range of 3630-3660. If Ethereum stays stable above the four-hour midline, you can further hold long positions!
If there is a correction around 3560, it is recommended to go long and add margin. Target range: 3600-3630.
I specialize in Bitcoin and Ether macro predictions and accurate trading. When trading, don't just analyze when you see opportunities. Taking the first step is the most important. I hope more people can learn from me to seize money-making opportunities and actually achieve the expected income! $Ether $Bitcoin #Participate in the 5th Thanksgiving Honor Points Lottery to win a Macbook, exquisite peripherals, and other gifts!