The reverse doji pattern is about to form, indicating a deep decline in the future of Ethereum
Yi Tian said 【Interpretation of ETH historical market quotation】
Yi Tian said 【Interpretation of ETH historical market quotation】
With the surge of the news the day before yesterday, Ethereum reached the highest around the 243.77 line. After the market digested the stimulus from the news, the market fell back all day yesterday, reaching the lowest around the 234.44 line, and then began to rebound. It reached the highest point of 242.56 this morning. The current market range is clear, and the overall range of 233-243 is maintained! At present, the official quotation of Ethereum is around the first line of 239.5.
Yitian said 【ETH/USDT market analysis】
Yitian said 【ETH/USDT market analysis】
Looking at the four-hour chart, the BOLL channel has begun to open upwards, and the yellow MA5 and white MA10 moving averages are glued together and running upwards, supporting the current Ethereum market. Although the daily fluctuations have dropped several times, they failed to break through. BOLL The middle rail and the green MA30 moving average form a strong support level below the market; the three lines of the KDJ indicator diverge downward, and each value is around 60; the energy indicator MACD fast and slow line Jincha runs above the zero axis, and the energy of bulls is gradually reducing; Teacher Tian (aphz8705) believes that the market will continue to pull back during the day, and continue to test the support below, focusing on the support at the MA30 moving average (231)!
Yitian said [ETH/USDT operation suggestions]
Yitian said [ETH/USDT operation suggestions]
2. If the Ethereum pulls back to around 231-233, you can enter long orders, stop loss below 228, and target 240-243;
(The market changes in real time, and there is a delay in the review of the post. The content of the article is for reference only and should not be used as a basis for making orders)
