7.13 Ethereum midday market analysis and operation ideas
In the early morning of today, the price of Ethereum rebounded to around 3156, and then began to fluctuate and adjust. The current price is running at 3130. From the perspective of daily technical indicators, the KDJ technical indicator is rising in a golden cross, and the DIF and DEA technical indicators in the MACD technical indicator are crossing upward from the bottom of the water. At the same time, the BOLL technical indicator is running in the middle track area, but it has not linked the bulls to increase the volume. The MA5 daily moving average also continues to rise in the trend of yesterday. The current price is also running in the MA5 daily moving average and is arranged in a green TD5 bullish pattern. Therefore, from the overall point of view, the trend is biased towards bulls to a certain extent.
From the perspective of 4-hour technical indicators, the three lines of the KDJ technical indicator turn upward, the MACD technical indicator is oscillating at a high level, and the MACD is in a golden cross pattern and continues to strengthen. At present, the ultra-short-term BOLL technical indicator is running above the middle track, and the ultra-short-term MA5 daily moving average and MA10 daily moving average continue to fluctuate upward. Overall, today's trend is still dominated by oscillating upward. #BTC #ETH $ETH