Li Shengting: 9.15 Ethereum midday market analysis and operation ideas
Ethereum experienced a slight retracement early this morning and the strength was not very strong. The low reached as low as 2373, and then the strength of short positions gradually shrank. This shows from the side that the first-line support near the MA5 daily moving average is relatively strong. From the daily technical indicators Judging from the above, the KDJ technical indicators and MACD technical indicators show a slight increase in bullish volume, the BOLL technical indicator is running in the mid-track area and the currency price is upward. The MA5 daily moving average and the MA10 daily moving average are both slightly upward. The current currency price is also running in The MA5 daily moving average is above and connected to the green TD6, showing a slight increase in bullish volume. Overall, the short force in the early morning has not caused damage to the support below. Therefore, today's trading idea is to focus on retracement and long positions.
Judging from the 4-hour technical indicators, the current KDJ technical indicators and MACD technical indicators are both in a slight upward trend, and the current ultra-short-term BOLL track is running above the middle track. The ultra-short-term MA5-day moving average and the MA10-day moving average continue to strengthen. At present, in the ultra-short term, the currency price has stabilized above the MA30 daily moving average, so the currency price during the day is likely to fluctuate upward.
Ethereum: long positions near 2385-2415, stop loss: 2343, target: 2480-2500
Bitcoin: Long position near 59600-60000. Stop loss: 58800. Target: 60800-61600#BTC #ETH $ETH