Ethereum market trend

8.26 Jinbao analysis

After a few days of baptism, the market gradually fluctuated today. After touching the 2711 position in the afternoon, the market bulls formed a three-day rising pattern. It can be seen that the support level below is still obvious, and the bulls are still strong. The Bollinger Bands channel is also running open as a whole. The bulls gradually rise at the bottom, KDJ bulls run upward, and MACD red kinetic energy slowly increases. Therefore, it is recommended that you continue to operate long orders after stepping back.

Ethereum (ETH)

Direction: long orders

Current price: 2720~2700

Stop profit: 2780~2810

Stop loss: 2670

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