Coin Circle Morning Light
2024-1-15
Good evening, fellow coin friends. The market is starting to pick up, with Bitcoin and Ethereum breaking through recent highs. We can see that the price of Bitcoin is beginning to fluctuate slightly after adjusting at a high level. Let's start analyzing the market outlook.
At present, we start to analyze Ethereum from the 4-hour line. The current three-line values of the KDJ indicator are relatively low, which belongs to an upward adjustment trend. At the same time, the KDJ indicator has an upward golden cross trend, which means that the current currency price has begun to accumulate energy for an upward trend after a downward adjustment. And through the BOLL track line, we can see that the current currency price is maintained in the middle of the lower track. In the main chart indicator, we can also see that the current currency price is maintained near the MA5 daily line price. The upward trend in the future market is still an effective upward trend.
Looking at the 1-hour indicator line, the current KDJ three-line indicator is a neutral and stable value. After the currency price has been adjusted, it can be seen in the main chart indicator that the TD indicator has begun to reverse, and the currency price is still stable and maintains above the MA5 day line indicator. At the same time, the MA5 day line indicator has a trend of breaking through the MA10 day line indicator, indicating that the currency price will begin to rise in the future.
Operation range suggestion: Ethereum 2500 light long, upper target sees 2540-2560
The big pie is lightly long at 42500, and the upper target is 43200-43500
