Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

📣11/13 Ethereum trend analysis and trading strategy sharing, follow the CPI data in a timely manner📈!



The price of Ethereum has entered a consolidation phase after a strong rally, but the pullback is limited, indicating that the support below is solid and the bullish momentum remains dominant. Currently, the coin price is at a relatively high level, and in terms of trading strategy, one can wait for a slight pullback before continuing to follow the long positions. More attention should be paid to the impact of tonight's CPI data on the trend!

【Analysis of the Ethereum price trend from the four-hour chart】

K-line pattern:

Recently, the price experienced significant fluctuations on November 12 and 13, forming long upper and lower shadows, indicating intense competition between bulls and bears in the market. From November 10 to November 13, the overall trend showed a volatile pullback, but the current closing price of 3502.72 is close to the previous low area, providing certain support.

Technical indicators:

  MACD: In the 4-hour cycle, the MACD histogram continues to shorten, and the DIF line remains below the DEA line, indicating that the bearish momentum is weakening but has not fully reversed.

  RSI: The RSI value is 51.56, which is in the neutral zone and has not yet entered overbought or oversold territory. Need to follow the subsequent direction choice.

EMA: EMA7 (3478.81) and EMA30 (3485.60) are gradually converging, with the price currently above both, indicating a potential short-term rebound; EMA120 (3647.38) is far above the current price, and the long-term trend remains bearish.

Volume:

The daily trading volume reached 553,102 on November 12, then decreased to 304,199, indicating a decline in market activity. In the 4-hour cycle, trading volume significantly expanded during sharp rises and falls, and is currently stabilizing, with an increase in cautious sentiment among investors.

11/13 Ethereum stable trading strategy sharing:

It is recommended to enter long positions near Ethereum 3480-3500, target points: 3450-3580, the trend is influenced by CPI data rising to 3600, target 3620-3640 for timely exit!

Trend pullback, please ask me for specific replenishment points in a timely manner to avoid losses. The article is practical, and specific guidance is based on real-time instructions! $BTC $ETH $BTC #广场发币瓜分千U奖池 #晒出我的Alpha积分 #参与创作者认证计划月领$10,000 #十二月降息预测 #今日你看涨还是看跌?
ETH-0.25%
BTC-3.24%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)