Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Ethereum's movement is quite interesting. It secretly touched the previous high near 2979 at night, and now it's holding at 2965, looking like it wants to do something.


Reviewing yesterday's early positioning of long positions, ETH rose from 2855 to 2955 in the evening, a full 100 points! After the U.S. stock market opened last night, the upward momentum was not strong, possibly due to a large amount of capital fleeing.
From the daily candlestick chart, the price has strongly broken through the upper Bollinger Band at 2981, which is a strong bullish signal. After the MACD golden cross, it continues to rise, with the green bars steadily expanding, indicating strong rebound momentum at the daily level. The RSI has surged to 72.94, entering the overbought zone, and needs to shake off profit-taking. From the four-hour chart, the Bollinger Band is opening upwards, and the price is strongly running along the upper band. The MACD is consistently rising above the zero line, maintaining a healthy bullish trend. Although the RSI is short-term overbought, the overall structure remains healthy.
Operation idea:
You can go long near 2930-2940, with a target of 2980-3000#加密市场回暖 .
ETH1.12%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)