6.15 Ethereum midday market analysis and operation ideas
In the early morning of today, Ethereum shorts experienced a new round of decline, and the lowest price of the currency dropped to around 3360, and then began to fluctuate upward. The current currency price is running near 3530. Judging from experience, the decline during the early morning of today is most likely a false downward breakthrough caused by the dealer's control, and then began to pull up, which is also one of the dealer's usual methods. From the perspective of daily technical indicators, Ethereum's trend is good, and the probability of subsequent rise is relatively high. At present, the KDJ technical indicator and MACD technical indicator in the daily level are both in a state of short shrinkage. The BOLL technical indicator also returns to the area near the middle track again, and the current MA5-day moving average and MA10-day moving average decline sentiment are continuing to weaken, while the high point MA30-day moving average continues to strengthen. Therefore, from the perspective of the comprehensive daily line, the operation strategy is still recommended to focus on retracement and long positions.
From the 4-hour technical indicators, the three lines of KDJ technical indicators turned upward, MACD showed a golden cross at the bottom of the water, the ultra-short-term BOLL technical indicator was glued to the middle track area, and the ultra-short-term MA30 daily average continued to strengthen. The DIF and DEA technical indicators cooperated to press upward, so the intraday operation ideas remained unchanged, and the main focus was still on retracement and long positions.
Ethereum: Long positions in the area around 3475-3520, stop loss: 3432, target: 3600-3630
Bitcoin: Long positions in the area around 66200-65600, stop loss: 65000, target: 67300-68500#BTC #ETH $ETH
