MMmie

Current trend changes in ETH and where it is expected to go

KRAKEN:ETHUSD   Ethereum
Rational analysis: Generally speaking, it is still bearish. This wave of Bitcoin is not going to be done, and it is better to observe it. Before Bitcoin breaks through 30700, the real-name system is bearish. From the perspective of ETH, last night, it directly stepped back on 1780 points. This is a strong support band, similar to BTC's 26500 support band. Then it is bullish. But now it has risen to around 1900. Jumping up and down, long and short chips are chaotic. For the time being, ETH closed below 1920 today, and it will be bearish tomorrow. Take an inverted hammer. If it is above and does not exceed 1950 points, then there is a probability that there will be another wave of short-selling market. These days the risk is quite high, everyone pay attention to long and short risks. If there is profit, stop profit in time. Don't be greedy for space. Wait patiently for the main rhythm of the night. The current situation of retail investors is basically that there is no stop profit at high altitudes, and there is no stop profit at low long positions. Those who chase high and short will either be lost or quilt. This kind of chip structure can get out of the convergent state to wash the chips. The main force deliberately messed up the board to confuse technical players. In short, you are not losing money in this wave. After the market comes out, you will be the winner if you make a decision. It's just two days slower to win!
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