[Today 11/7 (Thu) market forecast] What will happen from now on? ETH market price!
Today's ETH price forecast is released! Coingirls official traders open their strategies to keep up with the upcoming virtual currency trends!
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Ethereum market forecast for Thursday, July 11
Today's ETH / USD market price analysis.
What is your long-term perspective? Analyze the time bar!
The above image is a 2-hour chart of BITFINEX.
ETH is still in the range, but it has gone up a bit.
However, there is no major change.
We will continue to hold the long we have from below.
If there is no such price movement, do not forcibly trade and wait until the market moves.
In conclusion, the long term is "quiet view (long possession)".
What is your short-term perspective? Analyzing the 30-minute bar!
The above image is a 30 minute chart of BITFINEX.
At the short-term level, it is creating a rising channel.
As 100MA and 200MA are approaching from below, it seems that the moving average is supported and the uptrend continues.
If it rebounds at the lower end of the channel, I want to buy.
In short, short-term is "buy".
Conclusion: buy Ethereum now? Is it selling now?
Quiet in the long term, buy in the short term.
This concludes today's market analysis.
* The virtual currency exchange recommends opening at least three or more exchanges!
Crypto trading is always a fight against hacking. If there is any trouble with the registered exchange, there will be a very high probability of withdrawal restrictions and transaction restrictions.
Be prepared in advance so you don't miss a chance!
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