#ETH


From the four-hour indicator, the Bollinger Bands are opening in the range of 2830-3007. The midline is trending downward at a price of 2918, with ETH at a price of 2928.
Moving average indicators: ma5 and ma10 crossing upward correspond to prices of 2924-2889. The 30-day moving average is trending downward at 3931. The 60-day moving average is trending downward at 3044, the 120-day at 3115, and the 240-day moving average is parallel at 3064.
MACD: Currently below the zero line, bullish momentum is gradually decreasing, with both lines showing a downward turn.
RSI: 96-99. Both lines are in the overbought zone with a downward turn.
Resistance levels: 3005, 3067. Support levels: 2711, 2600.
ETH trend: Upward correction. Watch whether the price can break below the ma5 on the four-hour chart; multiple tests have not resulted in a valid break below ma5.
Summary:
High-altitude strategy: Not recommended to short at this point.
Low-buy strategy: Long positions around 2711, add to positions at 2600.
ETH2,04%
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MuxiTradingvip
· 01-27 13:34
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