Li Shengting: Ethereum market analysis and operation ideas in the early morning of 9.11
Today’s Ethereum currency price has been in the box shock stage, and the daily technical indicators have not changed significantly. At present, the Ethereum currency price is still fluctuating around the 2330 line, and the KDJ technical indicators and MACD technical indicators are still in the technical rebound stage. The overall track of BOLL technical indicators is still running in the lower track area and showing signs of slight rebound. Currently, the currency price is still running above the MA5 daily moving average for shock adjustment. Overall, judging from the trend of daily technical indicators, the bulls are still doing well, but There is no particularly large volume that can increase the volume.
Judging from the 4-hour technical indicators, the three lines of KDJ technical indicators are still rising, and the MACD technical indicators are showing an underwater golden cross upward. The MA5-day moving average and the MA10-day moving average are still rising together, but the high point MA30-day moving average continues to weaken. Comprehensive From a short-term and daily perspective, our trading idea in the early morning is still to focus on retracement and long positions. At the same time, the strength of the short retracement in the evening did not effectively cause damage to the bottom, so we naturally look at rebound technical adjustments in the early morning.
Ethereum: You can go long at the current price near 2340-2320. If it falls to around 2290, you can cover the position. The stop loss is placed at: 2257. The target is: 2380-2430.
Bitcoin: You can go long at the current price near 56800-56200. If it falls to around 55700, you can cover the position. Stop loss is placed at: 55000. The target is: 57800-58600.
