12.19 Ethereum market analysis, looking back at yesterday's trend, the currency price stopped falling near 2116, and now it has effectively rebounded to fluctuate around 2250. On the hourly line, you can see that the currency price has touched the upper limit of the Bollinger Bands and is very strong. At the same time, the short-term upward trend has put a certain amount of pressure. The MA5 short-term moving average has crossed the long-term moving average. KDj indicator values are all above 80, indicating that the market is oversold and the moving average has formed a dead cross.
Currency: ETH
Price: 2245-2250
Direction: empty
Leverage: 20×
Position: 10%-12%
Take profit: 2170-2140
Stop loss: 2280-2290
Personal ideas, for reference only! $ETH
Go, go, go!