9.23 Ethereum midday market analysis and operation ideas
This morning, after the Ethereum price dropped to around 2523, the bulls began to pull back. From a technical point of view, if the low support is not broken, there will still be a rebound and rise. From the perspective of daily technical indicators, the three lines of the KDJ technical indicator turned upward, and the DIF and DEA in the MACD technical indicator showed a golden cross rising at the bottom of the water. The entire track of the BOLL technical indicator runs in the upper track area and the coin price is close to the upper track. At the same time, the MA5-day moving average and the MA10-day moving average cross at a low level and rise. At the same time, the current coin price is basically stabilized above the MA5-day moving average, and the low point MA30-day moving average continues to strengthen. From the daily line, the strength of yesterday's retracement basically repaired the gap of the MA5-day moving average, and also paved the way for subsequent increases.
From the 4-hour technical indicators, the KDJ technical indicator is rising in a golden cross, the MACD technical indicator is bullish and slowly increasing, the ultra-short-term BOLL technical indicator is running in the upper track area, the MA three-day moving average is rising in a bullish pattern, the MA5-day moving average and the MA10-day moving average continue to strengthen, but the ultra-short-term MA30-day moving average shows signs of shrinking. From the perspective of the daily and ultra-short lines, the ultra-short line will have a certain retracement space, but the general rhythm is still mainly based on retracement and long positions.
Ethereum: Long position around 2630-2600, stop loss: 2567, target: 2700-2730
Bitcoin: Long position around 63000-62600, stop loss: 62000, target: 63800-64500#本周美国将公布PCE、GDP数据 #BNBChain与Telegram集成 $ETH
