Li Shengting: Analysis of Ethereum's early morning market on 2.8
After the release of non-agricultural data tonight, the coin price fluctuated up and down. From the current point of view, the short-term selling sentiment of Ethereum has not ended. At the same time, the coin price is also continuing to fluctuate downward. From the perspective of daily technical indicators, the KDJ technical indicator and the MACD technical indicator are dead cross downward, and the BOLL technical indicator is in a downward pressure posture. The three-day MA moving averages are also arranged in a short position. So from the overall point of view, the general idea has not changed much. I personally believe that the coin price will still fluctuate downward in the early morning.
From the 4-hour technical indicators, the KDJ technical indicator and the MACD technical indicator are still in the resonant downward stage. The BOLL technical indicator continues to weaken and continues to open to the lower track. At the same time, the current currency price is still subject to the suppression of the MA10 daily moving average. Currently, Ethereum is also showing a red TD3 decline signal in the short term. Therefore, from a short-term perspective, the currency price will undoubtedly continue to fluctuate downward in the early morning. The bottom support can refer to the area around 2603-2467.
Ethereum: Short position around 2700-2735 Stop loss: 2789 Target: 2650-2600#非农就业数据来袭 #比特币后市 $ETH