5.12 Chen Fei Talks About Currency

Ethereum has consistently stabilized around the 2500 position, with a strong bullish trend in the market. The overall downward trend is not strong, and technically, the Bollinger Bands are also opening upwards. The K-line is moving upwards at the lower track position, while the mid-track and MA moving averages are also moving upwards. The KDJ indicator is gradually moving upwards in a bullish manner, and the MACD shows a slow increase in red momentum. Although the overall market is relatively high, the bulls remain strong, so it is recommended to buy on dips.

Ethereum (ETH)

Direction: Long position

Current price: 2480～2450

Take profit: 2560～2600

Stop loss: 2410

An 8-year old trader, skilled in various operational techniques, accurately grasping highs and lows to resolve positions, steadily taking control, making trading easy. Everyone is welcome to communicate.