4.18 Coin Circle Mr. Coin: Ethereum (ETH) Market Analysis Reference

Today’s trend of Eth, Mr. Coin analyzes clearly for you using multiple time frames, after reading you will know whether it will rise or fall next, and how to operate! First, looking at the 15-minute level, the price fell from 2464 all the way down to 2359, and the short term has entered an obvious downward channel. The RSI indicator directly dropped to around 12, KDJ all below 20, signaling a severe oversold condition, and the short-term selling pressure has basically been released, making a technical rebound highly likely, but this rebound is just a weak repair during the decline, do not take it as a reversal. Next, observe that the price directly broke below the 2400 support level on an hourly basis, the MACD death cross has formed, and the green bars are rapidly expanding, confirming the downward trend. Although it is also oversold now, a rebound will occur, but if it rebounds to the 2400-2420 range, it will likely meet resistance and fall back, which is a key pressure level for the short term.

On the 4-hour chart, this is the key for the mid-term trend! The rise from 2057 is now just a high-level correction, and the strong support at 2300 has not been broken. The RSI and MACD are merely signals of declining momentum and have not deteriorated, indicating that the mid-term upward trend has not been broken; the current adjustment is just a normal pullback in the process of rising. On the daily chart, the overall direction gives you confidence! The price is still in an ascending channel, with the RSI and MACD all in strong zones, and the bullish trend is intact. The current decline is merely a technical correction after a large increase and is definitely not a signal of a peak.

In the short term of 1-2 days, first look for a rebound correction, with targets of 2400-2420; if it doesn’t get through, it will continue to probe lower towards 2330-2300. If the mid-term can hold above 2300, the trend will not be damaged; if it breaks, then it will enter a deeper adjustment. In the long term, on the daily level, the bullish trend remains unchanged, so there is no need to panic. In terms of operations, do not chase shorts in the short term; the rebound pressure level is the safe short point. Follow Mr. Coin, who will provide real-time market analysis.

4.18 Short-Term Reference for Ethereum:

For the 2385-2435 range, defend at 2470, target below 23350,

For the 2250-2300 range, defend at 2170, target above 2340,

There may be delays in sending signals, strategy suggestions are for reference only, market conditions change rapidly; regardless of how accurate your judgment and grasp of the market are, always ensure you have take profit and stop loss measures in place, securing profits is key.

For more daily real-time trading strategies, online technical learning, and exit strategies, you can follow the tutor's public account (Mr. Coin Talks Coins) to get the addition method: the top ten individuals daily can receive free exit strategy advice.

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。