Coin Circle Morning Light
2024-1-27
Good evening, fellow coin friends. Yesterday’s strategy was perfect. Now the market trend is fluctuating again. How should we choose the direction at this time? Let’s go into the market and start analyzing.
First of all, from the perspective of the four-hour line indicators, the current Ethereum KDJ three-line indicator shows a golden cross trend. At the same time, the three-line indicator value has tended to a high level. The J line has entered the overbought area and the upward trend is more obvious. From the BOLL track line, we can see that the current currency price is running below the upper track line. The three lines have a tendency to open slowly, indicating that the currency price has a trend of continuous rise at this time. At the same time, the MA5-day moving average in the main chart indicator begins to cross upward and stabilizes below the currency price. Relying on the rise in the currency price, the market outlook will continue to rise.
From the 1-hour line, the current KDJ three-line indicator is also a golden cross trend. The three-line indicator value tends to adjust. The J line begins to show a slow upward trend. The BOLL track line shows a slight closing trend. The currency price is running below the middle track line. In the main chart indicator, we can see that the current MA5-day moving average has an obvious upward inclination trend, and the current currency price relies on the MA5-day moving average to rise, indicating that the market will continue to rise in the future. After a period of adjustment, it will start to rise.
Operation range suggestion: Ethereum pulls back to 2250 to buy, the upper target is 2300
Bitcoin pullback to 41500 to buy, target 42500
