ETH intraday market analysis on March 13th:
The trend of ETH is very good, and the market has reached a new high. ETH has not really exerted its strength yet, so patiently wait for a breakthrough in the market. From the daily level (as shown in Figure 1), the currency price rises steadily along the MA7 moving average. Although MACD has signs of top divergence, with the support of the violent bull market, these problems are not particularly big, so avoid needle sticks. From the four-hour level, affected by CPI yesterday, the currency price went up and down. At present, the currency price broke through the shock range of 3880-3960 and came to the upper 4070-4100 for consolidation. The short position of macd has also gradually shrunk. From the 1-hour level, the market is slowly recovering after last night's big fluctuations. Combined with the volume and energy indicators, it is unlikely to hit a new high within the day, and there is an expectation of a second peak. Summary: The operation is still mainly low and long. The lower support range during the day is around 3950-3800. If a pin appears, the extreme position will be around 3736. These positions can ambush long orders. A significant correction in the bull market is an opportunity to get on board, don’t be timid, just do it! #ETH合约
The trend of ETH is very good, and the market has reached a new high. ETH has not really exerted its strength yet, so patiently wait for a breakthrough in the market. From the daily level (as shown in Figure 1), the currency price rises steadily along the MA7 moving average. Although MACD has signs of top divergence, with the support of the violent bull market, these problems are not particularly big, so avoid needle sticks. From the four-hour level, affected by CPI yesterday, the currency price went up and down. At present, the currency price broke through the shock range of 3880-3960 and came to the upper 4070-4100 for consolidation. The short position of macd has also gradually shrunk. From the 1-hour level, the market is slowly recovering after last night's big fluctuations. Combined with the volume and energy indicators, it is unlikely to hit a new high within the day, and there is an expectation of a second peak. Summary: The operation is still mainly low and long. The lower support range during the day is around 3950-3800. If a pin appears, the extreme position will be around 3736. These positions can ambush long orders. A significant correction in the bull market is an opportunity to get on board, don’t be timid, just do it! #ETH合约