$ETH Ethereum's current daily K-line has reached a high of 2690, breaking the EMA60 pressure level of 2638. The next trend pressure level focuses on the EMA90 pressure point of 2760. EMA15 also begins to impact the 30 intersection point of 2500. MACD increases in volume, DIF breaks through the 0 axis and forms a polarization with DEA. The upper rail of the Bollinger Band 2635 loses pressure and becomes support. KDJ diverges from the high position and encounters resistance, indicating that there is still room for long positions.
After the four-hour K-line fails to impact 2700 for the first time, it needs to step back. You can pay attention to the EMA15 support point of 2580. The previous big positive line 0.618 support point is at 2630. The MACD top divergence begins to increase in volume, DIF and DEA golden cross form, and the Bollinger Band is at a high level. The contraction broke the upper rail 2650 and began to step back. It is expected to return to the upper rail of the Bollinger Band within the day. The KDJ bullish trend continues. It is recommended to continue to buy after stepping back to support. If the high resistance point is not broken, consider shorting.
Short-term thinking reference: Remember that the market is not 100%, so you must bring a stop loss. Safety is the first, small losses and big profits are the goal.
Lower 2630 to 2600 long, defense 2580 to 2550 to cover long, stop loss 50 points, target 2730 to 2780, break to see 2830
Above 2800 to 2830 short, stop loss 50 points, target 2750 to 2700, break to see 2650 to 2600
