9.17 Ethereum midday market analysis and operation ideas
In the early morning, the currency price has been in a narrow range of fluctuations. From the daily technical indicators, we can see that the KDJ technical indicator is dead cross and continues to weaken, the MACD technical indicator is oscillating near the central axis, and the BOLL technical indicator continues to oscillate downward. At the same time, the MA5-day moving average and the MA30-day moving average continue to resonate downward. It is also a holiday, and the market volatility will not be too strong. Friends who hold positions should try to take good losses and profits and spend the holidays with peace of mind.
From the perspective of 4-hour technical indicators, the three lines of the KDJ technical indicator turn downward, the MACD technical indicator continues to oscillate and adjust near the central axis, the ultra-short-term BOLL technical indicator is in a state of oscillation and flattening, and the MA three-day moving averages are arranged downward to varying degrees. On the whole, there is a high probability that today will be in a oscillating downward trend. In terms of operation ideas, it is recommended to rebound and short. It is safer.
Ethereum: Short at 2300-2330, stop loss: 2397, target: 2260-2200
Bitcoin: Short at 58500-59000, stop loss: 59600, target: 57600-57000#BTC #ETH $ETH
