8.15 Chen Fei Talks about Cryptocurrency
Ethereum touched around 4450 in the early morning, and the bullish trend began to rise. The market has now formed a four consecutive green candle uptrend, with bulls slowly stabilizing and recovering. The Bollinger Bands are also overall trending upwards, with the lower band rising, and the MA moving averages are clearly increasing. The KDJ indicator shows bulls opening upwards, and the MACD red momentum is clearly expanding. Overall, the bullish sentiment is evident, and it is suggested to go long after a pullback.
Ethereum (ETH)
Direction: Long
Current Price: 4550～4520
Take Profit: 4630～4670
Stop Loss: 4490
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