Analysis and operation ideas of Ethereum early morning market on August 14
After the ICP data was released tonight, the price of the currency plunged to around 2785, and then began to fall. From the market, the MA5 daily moving average trend in the daily technical indicators is still very good. From the sudden drop of the current market, there is a suspicion that the dealer is making trouble. From the daily technical indicators, the KDJ technical indicator still maintains a golden cross upward trend, and the MACD technical indicator is in a golden cross at the bottom. At the same time, the MA5 daily moving average and the MA10 daily moving average maintain a resonance rising stage, so from the daily line, the currency price will still rebound and repair
From the 4-hour technical indicators, the KDJ technical indicators and the MACD technical indicators are in a golden cross resonance rising stage, but the BOLL technical indicator track moves downward as a whole. From the ultra-short-term perspective, the BOLL technical indicator track is also stabilized above the middle track, but the MA30 daily moving average is under pressure. From the perspective of the comprehensive daily technical indicators and ultra-short-term technical indicators, it is recommended to still focus on retracement and long positions.
Ethereum: Long orders near 2640-2610, stop loss: 2577, target: 2720-2760
Bitcoin: Long orders near 59000-58600, stop loss: 58000, target: 60000-60800#BTC #ETH $ETH
