Ethereum is currently in a narrow range of upward triangle trend in the 1-hour market. In the MACD indicator, the MACD energy is turning from negative to positive, and the DIF and DEA are forming a golden cross, indicating that the market may be in an upward state in the short term.
The KDJ indicator shows that the J value (87.8) is much higher than the K value (64) and the D value (52), indicating that the market may be overheated and we need to be alert to the risk of adjustment in the short term.
In the EMA indicator, EMA7 is deviating from EMA120 and approaching EMA15, which is a buy signal, indicating that the short-term trend is positive.
The daily trading volume gradually decreased after reaching a peak on April 9, which is consistent with the price trend, indicating that the buying power is weakening in the downward trend.
The hourly trading volume also increases when the price fluctuates greatly, showing that price fluctuations are associated with trading activity. Especially when the price rises, the trading volume tends to increase, which may indicate that the bulls are actively involved.
The 4-hour MACD energy began to shrink, and the DIF continued to spread downward, indicating that the market still has a need for a correction;
The KDJ indicator shows that the J value (37) is lower than the K value (47) and the D value (52), indicating that there is a selling phenomenon in the market.
In the EMA indicator, EMA7 is forming a long-short decision between EMA15 and EMA30;
Based on the above indicators, it is recommended to buy more at the first break 3535 position, and buy more at the bottom 3495 of the second correction range, with a stop loss of 3475;
The upper focus is on the top of the triangle 3580. If it does not break, it can be received at 3490, with a stop loss of 3610;
The article review is delayed, and the market changes rapidly. Please combine the real-time market data changes to operate. Please bring a stop profit and stop loss when entering the market, and stop when you see a good opportunity!
I, Li Hui, interpret the world economic news and analyze the global currency circle trends. During my further studies in the United States, I have conducted in-depth research on BTC, ETH, LTC, DOT, EOS, BNB, SOL and other currencies. For all the currency friends who don’t know how to operate, please comment and follow the homepage to find me! #比特币减半 #CPI数据 #大盘走势 #新币挖矿 #非农数据 $BTC $ETH $BNB
