7.19 Chen Fei talks about coins
After Ethereum hit the bottom near 3367, the market fluctuated and rose, but the pressure from above was relatively large. The Bollinger Bands channel was also shrinking as a whole. After the market hit the middle track support level, the bulls were obviously weak to rise. The middle track position and the MA moving average were also shrinking and running downward. KDJ bulls hit the top position, and the MACD bearish trend was also increasing. Therefore, it is recommended that you can do short orders on rebounds.
Ethereum (ETH)
Direction: short orders
Current price: 3445~3470
Stop profit: 3390~3360
Stop loss: 3497
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