Coin Circle Morning Light
2024-1-28
Good evening, fellow coin friends. Yesterday’s strategy was perfect. Now the market trend has started to fluctuate after rising. How should we choose the direction in the future? Let’s go into the market and start to analyze.
First of all, from the perspective of the four-hour line indicators, the current Ethereum KDJ three-line indicator begins to show a dead cross trend, the three-line indicator value begins to pull down and the J line begins to show a gentle trend. At the same time, the BOLL track begins to open. The currency price is running in the middle of the upper track. In the main chart indicator, we can see that the current MA5-day moving average has a slight trend of suppressing the current price, but it still crosses the MA10-day moving average trend, indicating that the upward trend of the currency price is still relatively strong at this time, and there will be a short-term pullback shock locally.
Looking at the 1-hour line again, the current KDJ three-line indicator is also in a dead cross trend. The three-line indicator value has basically been adjusted. The J line has begun to show a slow upward trend, but there is no obvious upward golden cross trend. The BOLL track line shows a slight closing trend. The currency price is running near the middle track line. In the main chart indicator, we can see that the current MA5-day moving average has an obvious downward inclination trend, and the current currency price is suppressed by the MA5-day moving average, indicating that there is still a certain pressure on the upper side. It will still be temporarily adjusted back and oscillated before continuing to rise.
Operation range suggestion: Ethereum pulls back to 2260 to buy, the upper target is 2320
Bitcoin pullback to 42000 to buy, target 43000
