Coin Circle Morning Light
2024-2-10
It is better to retreat and make a net than to admire the fish by the abyss. Happy New Year, fellow coin friends. The market is currently rising and then consolidating at a high level. It is still on an upward trend. How will the market go up in the future? Let us start with the market analysis.
First of all, we look at the four-hour line indicators. At present, the KDJ three-line indicators of Ethereum form a high golden cross trend. At the same time, the BOLL track line shows an opening trend. The currency price remains in the middle of the upper track for adjustment. In the main chart indicators, we can see that the current currency price is relying on the MA5 daily moving average to rise. The J line is about to enter the overbought area, indicating that the market will continue to rise in the future.
Looking at the 1-hour line again, the KDJ three-line indicator currently maintains a golden cross upward trend, but the BOLL track line is currently closing significantly, and the currency price remains in the middle of the upper track. The MA5-day moving average in the main chart indicator is currently crossing the MA10-day moving average upward, indicating that the currency price is currently on an upward trend. The current stable currency price relies on the upward trend of the MA5-day moving average, and the market will continue to rise in the future.
Operation range suggestion: Ethereum 2510 to buy, target 2560
Big pie 47400 more, target 48500
