Ethereum long today
Ethereum (ETH) candlestick chart
Today's upside trading suggestions
(First place): 3200 USDT
(Second Zhiying): 3250 USDT
Stop loss: 3110 USDT
Prediction direction
As can be seen from the chart, Ethereum has been fluctuating around 3155.13 USDT recently. The candlestick chart shows that the price is near the middle track of the Bollinger Bands, and the moving average system shows some pressure, but the market sentiment is relatively positive, and there is a possibility of a rebound in the short term. The CCI indicator is currently at 117.27, indicating that the market sentiment is relatively positive. Therefore, it is expected that Ethereum may fluctuate in the range of 3200 USDT to 3300 USDT today, and is expected to break upward.
Combined with more technical analysis
Moving Average System (MA): Although the short-term moving averages (MA5, MA10) show certain signs of turning downward, the price has found support near these moving averages and there is a possibility of a rebound.
Bollinger Bands: The price is running near the middle track of the Bollinger Bands, and the upper and lower tracks of the Bollinger Bands tend to converge, indicating that there is a certain support in the overall market and there is potential for a rebound in the short term.
CCI indicator (20)：The CCI indicator is at 117.27, showing that market sentiment is relatively positive and there is a possibility of a rebound in the short term.
The market is unpredictable and opportunities are fleeting. Only by paying close attention to every subtle change and seizing your own opportunities can you remain invincible in the ups and downs of the market. Are you ready today? Let's look forward to the wonderful performance of the market together!
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