6.16 Ethereum midday market analysis and operation ideas
Ethereum ultra-short-term is still in the sideways fluctuation stage. From the perspective of daily technical indicators, KDJ technical indicators and MACD technical indicators are both in a state of short-term shrinkage. MA5-day moving average and MA10-day moving average are rising in amplitude, and MA30-day moving average is also continuing to strengthen. At present, the daily price of Ethereum has successfully stood above MA5-day moving average and is in the green TD2 for long-term expansion, so today's intraday trading ideas are still mainly based on retracement and long-term
From the perspective of 4-hour technical indicators, KDJ technical indicators are in a bullish and large-volume trend. DIF and DEA in MACD technical indicators are glued together and turned up, but the current MACD trading volume is too weak, and the ultra-short-term BOLL technical indicators are running in the middle track area. At the same time, the ultra-short-term MA30-day moving average continues to rise, so today's mid-day and evening operation ideas remain unchanged, and retracement and long-term are still the main focus
Ethereum: 3560-3535 near split warehouse long stop loss: 3476 Target: 3600-3630
Bitcoin: Long positions around 66200-65800 Stop loss: 65300 Target: 66800-67600#BTC #ETH $ETH