Coin Circle Morning Light
2024-1-30
Good evening, fellow coin friends. Yesterday’s strategy was perfect again. The current market trend has begun to fluctuate after adjustments. How should we choose the direction in the future? Let’s go into the market and start analyzing.
First of all, let's look at the four-hour line indicators. At present, the Ethereum KDJ three-line indicator has begun to show a golden cross trend. The three-line indicator value has begun to show an upward trend, and the J line has an obvious upward inclination, indicating that the current upward trend is relatively strong, but the BOLL track line has begun to shrink. The currency price is adjusted near the middle track line. The MA5-day moving average in the main chart indicator is about to cross the MA10-day moving average and begin to show an upward trend. The currency price is steadily rising relying on the MA5-day moving average, and the market outlook will rise again.
From the 1-hour line, the KDJ three-line indicator is also in a golden cross trend. The three-line indicator value has been adjusted. The J line begins to show an upward golden cross inclination and has entered the overbought area. At the same time, the BOLL track begins to open. The currency price remains in the middle of the upper track and fluctuates. In the main chart indicator, we can see that the MA5-day moving average has begun to turn and show an upward trend. If it crosses the MA10-day moving average in the future, it will start to rise. The future market can still be long.
Operation range suggestion: Ethereum pulls back to 2260 to buy, the upper target is 2320
Bitcoin pullback to 42500 to buy, target 43500
