Coin Circle Morning Light
2024-2-6
Good afternoon, fellow coin friends. Yesterday’s strategy was perfect again. We are currently winning six games in a row. The market is now in a stalemate. Will there be a correction in the future? Let’s go into the market and start analyzing.
First of all, we can see from the four-hour line indicators that the current Ethereum KDJ three-line indicators form a high golden cross and a gentle trend. At this time, the J line is an obvious oscillating trend, and the BOLL track line begins to show a three-line stable trend. The currency price remains in the middle of the upper track. In the main chart indicator, we can see that the current MA5-day moving average begins to show an obvious downward inclination, and the current currency price has a cross star trend. The market will begin to show a volatile adjustment trend
Looking at the 1-hour line again, the KDJ three-line indicator currently maintains a golden cross downward trend, but the BOLL track line is currently closing significantly, and the currency price is maintained in the middle of the upper track for adjustment. The MA5-day moving average in the main chart indicator has shown a downward trend and has a trend of crossing the MA10-day moving average. The current currency price is suppressed by the MA5-day moving average and has a downward trend. The market will see an adjustment trend in the future.
Operation range suggestion: Ethereum pulls back to 2320 to short, target 2270
Big pie 42800 empty, target 42000