Crypto Industry Academician: On April 17, Ethereum enters a volatile upward phase. A trading risk control guide even beginners can understand! Latest market analysis and operational suggestions



Ethereum's current price is 2327. Many say that making money in the crypto world is all about luck, but this wave of Ethereum rising from 1700 to 2300+ is not based on blind guessing. Look at the moving average arrangements and MACD golden and death crosses—each signal is the voice of capital. Today, I will use two candlestick charts to clearly break down Ethereum's current market, from trend direction to specific entry points, even marking stop-loss levels for you. After reading, you'll know how to operate next, without having to search everywhere for news and get caught in traps.

The daily candlestick remains above the 15-day and 30-day EMA moving averages, with the moving averages turning upward to form a bullish arrangement. After the MACD golden cross, the red momentum continues to strengthen. The Bollinger Bands are opening upward, and the price is running along the upper band, indicating a clear bullish trend. Currently, the price at 2327 is between the middle band at 2167 and the upper band at 2406. There is strong resistance near the previous high of 2450 above, and a key support around 2200 below. The short-term trend leans towards oscillating upward, with no signs of topping yet.

The four-hour chart is in a clear upward channel, with bullish EMA arrangements. Short-term moving averages continue to support the price, and the Bollinger Bands are opening upward, with the price consistently running along the upper band. The current MACD DIF line is above the DEA line, but the red momentum bars are shrinking, indicating a weakening bullish force and a short-term correction may be needed. The bullish sequence of the TD indicator has entered its final stage, and short-term volatility could increase. Pay attention to whether support around 2300 remains effective.

Short-term reference: (Practical data updated; for details, consult the author)

Support from 2290 to 2310 northbound, stop-loss at 2250, target at 2365 to 2400, break below to 2440

Resistance from 2400 to 2420 southbound, stop-loss at 2460, target at 2350 to 2300, break below to 2280

Specific operations depend on real-time market data. For more information, contact the author. The article may have delays; for reference only, risk is on your own.
ETH-1.06%
View Original
post-image
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
Add a comment
Add a comment
No comments
  • Pin