Coin Circle Morning Light
2024-2-9
It is better to retreat and make a net than to admire the fish by the abyss. Happy New Year's Eve to all the coin friends. At present, the market trend has begun to enter a period of shock adjustment. Will the market continue to rise or will there be a periodic correction? Let us go into the market and make an analysis.
First of all, from the perspective of the four-hour line indicators, the current Ethereum KDJ three-line indicators form a high-level dead cross and a gentle downward trend. At this time, the J line is an obvious oscillating trend, and the BOLL track line begins to show a three-line steady upward 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 gentle trend and has a tendency to suppress the current currency price. However, the currency price is supported by the current MA10-day moving average, indicating that the currency price will rise again after a small adjustment.
Looking at the 1-hour line again, the KDJ three-line indicator currently maintains a golden cross upward trend, but the BOLL track line is currently closing significantly, and the currency price remains near the middle track line. The MA5-day moving average in the main chart indicator has shown a downward trend and has a tendency to cross the MA10-day moving average, but the current currency price is stable above the MA5-day moving average, indicating that the currency price is relatively solid at this time and will continue to rise in the future.
Operation range suggestion: Ethereum 2420 to buy, target 2450
Big pie 45400 more, target 46000
