Ethereum Trend Analysis and Trading Suggestions (November 28th):

Ethereum's current trend has opened an upward channel. I have previously drawn a chart to remind everyone that the upward trend is still continuing. You can follow the chart for future operations. Yesterday, I placed an Ethereum order at 3010. Although the space was large, you can control the space yourself. Conservative friends can take profits first. From the analysis of the four-hour Ethereum price trend, the K-line has shown a fluctuating upward trend recently. It has closed positive for several consecutive days since November 26, especially after the big rise on November 24. The K-line is currently hovering around 3050. The upper 3076 is the short-term high resistance, and the lower 3000 is the obvious support. MACD: In the 4-hour cycle, both DIF and DEA are diverging upward, and the MACD histogram is strengthening, indicating that the bullish momentum is strong. RSI: RSI (14) is currently 64, close to the overbought zone, but has not fully entered, indicating that there is still some upward momentum. EMA: EMA7 (3020) > EMA30 (2961). The short-term moving average has crossed the long-term moving average, and the price is running above EMA7, indicating a bullish trend. Daily trading volume has been gradually decreasing, from 780,000 on November 26th to 250,000 on November 28th, indicating a slowdown in upward momentum. On the 4-hour chart, trading volume around 3050 showed slight weakness; attention should be paid to whether a breakout with increased volume will occur. Ethereum trading suggestions for the evening of November 28th: (Initial position control 5-10%) It is recommended to enter long positions around 3020-3030, with target prices: 3070-3100-3130. For trend pullbacks, it is recommended to add to long positions around 2980, with target prices: 3050-3080-3100. Market conditions change rapidly; this article is subject to change. Please refer to the homepage for specific details and private real-time guidance.