May 23, $ETH Market Review: Fluctuated upward from early morning to market opening, faced resistance in the 2700-2760 pressure zone. Daily indicators KDJ and BOLL continue to rise, MA5 and MA3 steadily climb, the price slightly deviates from MA5, expected to fill the gap within the day, with limited retracement strength; if supported around 2600, there is hope to continue a slow bull trend. On the 12-hour chart, KDJ fluctuates at a high position, the upper BOLL band opens and the middle band rises, the moving average system is strongly upward, the main force likely continues to exert strength, after a daily correction, there is a high probability of a third attack on 2700-2760, with a high breakthrough probability. In terms of operations, short-term retracement near 2600 can be considered for buying, if breaking through 2700-2760, the target looks at 3000-3140; if continuously resisted, one needs to be cautious of the risk of a high pullback.
Want to double the account, want to make a big profit, want to successfully recover the loss
Stay close to the main trend and position in advance for the main bull market wave!