Ethereum $ETH (Thursday, June 12) Market Analysis:
Naked Eye K-line Analysis: The 4-hour and daily moving averages have turned into a death cross, while the 8-hour, 12-hour, 3-day, and weekly moving averages are in a golden cross, indicating that the overall market remains bullish.
Upper Resistance: 2800, 2880, 3000
Lower Support: 2725, 2680, 2580
Suggested Strategy within 12 hours:
Long Position: Ambush around 2680-2725
Take Profit Target: 2800-2950
Short Position: Attempt around 2950
Take Profit Target: 2680-2580
Remember to set stop-loss based on personal circumstances.
~ The above views are for reference only. Build positions rationally, manage your holdings well, do not be greedy, do not cling to trades, and do not hold positions unnecessarily {~.~}
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