Coin Circle Morning Light
2024-2-1
Good evening, fellow coin friends. Yesterday’s strategy was perfect again. We have won five games in a row. The market is currently rising slowly. Will there be a correction in the future? Let’s go into the market and start analyzing.
First of all, from the perspective of the four-hour line indicators, the current Ethereum KDJ three-line indicator forms a low-level golden cross upward trend. At this time, the J line is in an obvious upward trend, and the BOLL track line begins to show a three-line stable trend. The currency price remains below the middle track line. In the main chart indicator, we can see that the current MA10-day moving average has a trend of suppressing the current currency price increase. At the same time, the MA5-day moving average trend is relatively weak, and the MA5-day moving average appears to cross the MA10-day moving average, indicating that the currency price will be hindered at this time.
Looking at the 1-hour line again, the KDJ three-line indicator still maintains a golden cross upward trend, but the BOLL track line has obviously closed, and the currency price remains below the upper track line for adjustment. The MA5-day moving average in the main chart indicator has crossed the MA10-day moving average, and the currency price has begun to stabilize and rely on the MA5-day moving average to start rising. The bottom below is relatively solid, and the market will continue to rise in the future.
Operation range suggestion: Ethereum 2300 to buy, upper target 2350-2380
Big pie 42800 more, target 43500
