Li Shengting: 1.9 Ethereum midday market analysis and operation ideas
Ethereum continued to be in a volatile decline stage in the early morning, and the currency price rebounded to around 3357 at noon. Judging from the daily technical indicators, Ethereum currently has a large technical gap with the MA5 daily moving average, and Ethereum is currently in the red TD13, Bitcoin The currency is in the green TD9. From a technical perspective, the short-term decline is somewhat limited, and a round of gap repair is required before the decline continues. According to personal experience, ultra-short-term repair is inevitable and is normally accompanied by repair adjustments. The market subsequently fell even more strongly.
Judging from the 4-hour technical indicators, the KDJ technical indicator still shows a dead cross downward pressure, the MACD technical indicator fluctuates near the mid-track area, and the BOLL technical indicator runs in the lower track area but does not link the short sellers to continue to increase volume. On the contrary, there are signs of stagnation. , at the same time, there is currently a large technical gap between the ultra-short-term currency price and the MA5 daily moving average and the MA10 daily moving average. Although the high point MA30 daily moving average is still downward, it has not linked short positions, so it is recommended to retrace the operation idea at noon and evening. Mainly long
Ethereum: Divide into long positions near 3280-3255. Stop loss: 3208. Target: near 3350-3385.
The above is a personal midday market analysis, for your reference only#加密市场回调 #比特币价格走势分析 $ETH