#ETH价格走势解读 11.19 afternoon market data observation
$ETH This morning, testing the 3000 level was actually quite thrilling, but it quickly bounced back. Now it is stabilizing above 3050 and continuing to make slight upward movements during the afternoon session.
I looked at the hourly chart, the moving averages have started to turn bullish, and the MACD has been moving up since crossing above the zero line, indicating that buying pressure is accumulating. The Bollinger Bands are slightly opening, and the price has broken through the middle band and has retraced to confirm support, so this position is considered stable. The KDJ is currently in a neutral to bullish area and has not reached overbought, theoretically allowing for more room.
The idea for the afternoon session is as follows: you can consider gradually entering long positions in the range of 3030-3050, with the first target at 3150. If the volume supports a breakout, we could see around 3200; it's recommended to set the stop loss below 3000, and not to take on too much position, as we still need to be cautious of the possibility of short-term fluctuations and adjustments.
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#ETH价格走势解读 11.19 afternoon market data observation
$ETH This morning, testing the 3000 level was actually quite thrilling, but it quickly bounced back. Now it is stabilizing above 3050 and continuing to make slight upward movements during the afternoon session.
I looked at the hourly chart, the moving averages have started to turn bullish, and the MACD has been moving up since crossing above the zero line, indicating that buying pressure is accumulating. The Bollinger Bands are slightly opening, and the price has broken through the middle band and has retraced to confirm support, so this position is considered stable. The KDJ is currently in a neutral to bullish area and has not reached overbought, theoretically allowing for more room.
The idea for the afternoon session is as follows: you can consider gradually entering long positions in the range of 3030-3050, with the first target at 3150. If the volume supports a breakout, we could see around 3200; it's recommended to set the stop loss below 3000, and not to take on too much position, as we still need to be cautious of the possibility of short-term fluctuations and adjustments.
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