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#eth Note that from March 24 to December 24, in the way of Ether at 4000, the MACD line and energy bars have shown no divergence. One thing that can be confirmed is that 4956 is definitely not the peak of Ether, it might even just be the beginning. Observing the BTC from April 21 will make this clear (do not compare with the Ether from 21, as the patterns are still different). Additionally, with the gradual normalization of virtual coins over the past two years, the upward space for Ether should be infinitely large.
However, during the period from August 18 to September 8, Ether formed a secondary peak, and it can also be seen on the daily chart that Ether is starting to show divergence. Therefore, it should currently be in a high position on the daily chart, and from the daily perspective, Ether is definitely looking down.
According to the theory of the Zen master, we still need to observe whether the 5-day and 10-day MA lines at the weekly level will give a wet kiss, and what the MACD will look like after it stabilizes. This affects our Ether daily level short position take profit level. Or, in other words, the entry point for long positions at the weekly level.
Seeing many influencers say that now is the support for Ether, I can't help but criticize them. You say now is the support for Ether, what level of trades should everyone be making? Should we be in and out in 5 minutes, or holding for a few hours? Are we supposed to hold overnight, or just wait to see if it hits new highs? Ether has formed such a peak reversal on the weekly chart, while the daily chart shows energy consolidation, moving averages, and volume divergence. Do you think Ether is at a stage bottom now? For those wanting to enter long positions for the long term, at least wait until mid-October to see how far the daily chart's pullback can go, then look for a daily bottom reversal and positive divergence before jumping into the weekly trades. This is a separate analysis of Ether, but it still needs to be combined with the BTC pattern, comparing the timing with Ether. This approach is the most appropriate; today's article should not be limited in reach since it doesn't have a specific price point.
#跟单 mainly focuses on large fluctuations, accurately predicting tops and bottoms, and is well-versed in Chan theory. Starting from 50u.