Li Shengting: 1.6 Ethereum early morning market analysis and operation ideas
Ethereum has been in a box-like oscillation trend. This evening, it ushered in a round of decline to the 3593 line and then rebounded quickly. From the daily technical indicators, the KDJ technical indicator showed a golden cross upward posture, and the DIF and DEA among the MACD technical indicators showed a positive trend. The underwater golden cross bullish pattern increased the volume. At the same time, the currency price today evening also successfully repaired the technical gap caused by the currency price and the MA5 daily moving average. The current currency price has also successfully stood above the MA5 daily moving average, and the high point MA30 daily moving average continues to strengthen. Judging from the trend of daily technical indicators, there are no particularly big changes in trading ideas. It is still recommended to focus on low and long.
Judging from the 4-hour technical indicators, the KDJ technical indicator, MACD technical indicator and BOLL technical indicator all formed a bullish pattern and increased in volume. At the same time, the MA three-day moving averages were arranged in a bullish pattern. The strength of the decline today evening can also be seen as the chips at the bottom. The support strength is relatively strong, so we still recommend to focus on low and long trading ideas in the early morning.
Ethereum: Divide positions into long positions around 3630-3595. Stop loss: 3547. Target: 3685-3750.
The above is my personal early morning analysis and operation ideas. For more follow-up ideas, please follow the homepage #加密市场反弹 #BTC $ETH
