Zhou Yanling: 7.19 Bitcoin Ethereum latest trend prediction analysis and trading strategy

On Friday, the market was doing well during the daytime, but suddenly there was a roller coaster drop in the late hours of the US market. It doesn't seem particularly strange now. If the entry point for short-term long positions isn't good, then don't keep looking bullish; I really don't recommend holding against the trend. Generally, the market is normal from Monday to Thursday, but it tends to get tricky on Fridays. So, when it's time to be calm, it's still important to observe calmly.
Currently, from the technical perspective of Ether, the daily level shows a continuous rise for several days, forming a clear upward trend; at the hourly level, the price failed to break through the 3700 integer level and is facing short-term pullback pressure. The technical indicator MACD on the hourly level is below the zero axis, but the histogram is gradually shrinking, indicating a weakening of bearish momentum; the daily MACD continues to diverge upwards, with bulls in control. The RSI on the hourly level is 54.79, having moved away from the overbought range and into a neutral area; the daily RSI is 68.93, close to the overbought zone but not yet overheated, still having room for further upward movement. The EMA on the hourly level, EMA7 and EMA30 are both trending upwards, providing effective short-term moving average support; the daily EMA120 is far below the current price, and the long-term trend still appears to be bullish.
Zhou Yanling 7.19 Ether trading strategy:
1. Buy between 3450-3510, stop loss below 3400, target 3590-3630, continue to break above to look at around 3730.
2. Short at 3760-3720, stop loss above 3800, target 3600-3550
Zhou Yanling's 7.19 Bitcoin trading strategy:
1. Long at 115700-116500, stop loss below 114500, target 119500-121000.
2. 121000-120000 short, stop loss above 122100, target 117000-116200
[The above analysis and strategies are for reference only. Please bear the risks yourself. The review and publication of the article may have delays, and the strategies may not be timely. Specific operations should be based on Yanling's real-time strategies.]
The content of this article is exclusively shared by senior analyst Zhou Yanling. The author has been engaged in financial market investment research for over ten years, currently primarily analyzing and guiding the trading of BTC, ETH, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV, and other cryptocurrency contracts/spot operations. They possess a solid theoretical foundation and practical experience, excel in combining technical and news-based operations, focus on capital management and risk control, and have a steady and decisive trading style, recognized by many investment friends for their easy-going and responsible personality combined with sharp and decisive operations. #ETH突破3600#