11.5 Zhang Lihui: Ethereum's big short achieves new success! Can the daily EMA220 hold? Today's latest market analysis and trading suggestions for Ethereum (ETH)!

CN
2 hours ago

Zhang Lihui, edited at 2:45 AM Beijing time on November 5: Today's Ethereum (ETH) market analysis and trading suggestions:

The big short is as Lihui expected! Ethereum's intraday short positions accurately hit the bearish target below 3430. Yesterday, Lihui mentioned there was space below at 3670; I wonder how many fans seized the opportunity! In the daily K chart, it has currently broken below EMA300 and continues to approach the MA220 position, which is also the recent support line in the daily K chart. If support is confirmed, one can enter short positions; if it breaks, one can continue to look down to the MA300 position. The current bearish momentum is strong, and those who have exited should not chase the highs or panic sell! Wait for the market to stabilize before entering; do not become cannon fodder in the market! Maintain the mindset of not shorting without a rebound and not going long against the trend until it stabilizes! Today's upper rebound pressure first looks at the EMA300 position, and attention should be paid to KDJ and RSI approaching the oversold area for a rebound!

Today's suggested short entry point for Ethereum: Light short above 3420, stop loss above 3500; targets 3350-3280-3220; if it breaks 3200, one can continue to hold until around 3050! Specific entry opportunities for short positions can be followed through Lihui's real-time updates!

Today's suggested long entry point for Ethereum: Light long below 3215, stop loss below 3150; targets 3280-3350-3420!

There may be delays in article review and push notifications; the market changes rapidly, and specific entry opportunities must be combined with real-time operations. The suggested points in the article are for reference only; do not operate with heavy positions. Please set take profit and stop loss when entering, and take profits when favorable!

I, Lihui, interpret world economic news and analyze global cryptocurrency trends. During my studies in the U.S., I conducted in-depth research on BTC, ETH, LTC, DOT, EOS, BNB, SOL, and other cryptocurrencies. For those who are unsure about trading, feel free to comment and leave messages! This article is exclusively published by (public account: Zhang Lihui) for reference only; risks are borne by the reader. May we remain humble and brave in the complex cryptocurrency world, unafraid of challenges and willing to explore. As the saying goes, "The road ahead is long and has no ending; yet high and low I'll search with my will unbending." I hope we keep pace with the times, absorb wisdom, travel thousands of miles, weather storms, and gain insights into life.

May you, under Lihui's guidance, leverage your strengths and avoid weaknesses, create value, and remember the market's baptism, staying true to your original intention. In the wave of digital currency, may we hold onto our beliefs, forge ahead, and jointly compose a brilliant future, sharing the joy of success. Let us work hand in hand to create brilliance in this investment journey filled with challenges and opportunities!

Warm reminder: The above content is solely created by the author of the public account. The advertisements at the end of the article and in the comments section are unrelated to the author. Please discern carefully, and thank you for reading!

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