Yesterday, the idea of 1600 Ethereum long was accurately grasped. This evening, Ethereum first rose slightly and then quickly inserted a pin to the 1610 line below. After testing the support, it rebounded upward again. The behavior of inducing shorts is very obvious. The low point of each insertion is constantly raised. The bottom support is basically stabilized, and the strength of the shorts continues to weaken. At present, it is obvious that there is strong support below. In the future, it is still necessary to go long. From the 4-hour chart, the K-line price continues to close positive and rise. At present, the price breaks through the middle track and impacts the upper track. The MACD golden cross forms a red bullish momentum and begins to increase. The KDJ three lines open upward and diverge. Combined with the technical aspect, it is undoubtedly a bull. Firmly continue to long orders, wait for the subsequent bulls to make an impact, and wait patiently for a rebound. Real-time guidance: btc0798
Ethereum Bitcoin Operation Suggestions:
Go long in batches when the price falls back to 1610-1635, target 1760-1730, stop loss 1590
Go long in batches when it falls back to 27500-27700, target 28200-28800, stop loss 27200
This column provides long-term technical analysis that is objective and rational, with clear ideas, precise points, and quick entry to take you through the cryptocurrency world.
