Li Shengting: Ethereum Market Analysis and Trading Strategy for November 6th

CN
李聖庭
Follow
13 hours ago

From the daily technical indicators of Ethereum, both the KDJ and MACD indicators are in a state of resonant decline today. The BOLL indicator is running along the lower band, continuously opening towards the lower band. Additionally, the three-day moving averages are all arranged in a bearish formation and are strongly declining. Currently, the price is again constrained by the five-day moving average, so the rebound last night and in the early morning was merely to fill the technical gap. Therefore, it is likely that the price will continue to primarily oscillate downwards today.

From the 4-hour technical indicators, the short-term KDJ and MACD indicators are also in a state of resonant decline. The BOLL indicator is running in the middle band, and the short-term BOLL indicator's decline has significantly intensified. In the short term, it is highly probable that Ethereum's price will continue to oscillate downwards today, and it is recommended to focus on short positions during rebounds.

Ethereum: Short in batches around 3390-3440. Stop loss: 3550. Target: 3280-3200.

Bitcoin: Short in batches around 103000-103800. Stop loss: 105600. Target: 101000-100000.

Finally, for today’s afternoon and evening, our general outlook remains unchanged. Considering that yesterday's rebound just touched the upper support line without breaking through, we still expect a downward trend in the short term. Currently, the support level to watch is around 3267-3165.

The above is my personal market analysis for the afternoon, for reference only. Specific point direction changes should be based on real-time guidance.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink