Good morning everyone. I am Li Shengting. I walk on thin ice with a mentality of always being in awe of the market.
Ethereum rebounded to 1850 yesterday and then fell rapidly, indicating that the pressure from above is relatively strong. From the daily line, the bullish trend is still suppressed by the upper track. At present, the KDJ and MACD indicators form a dead cross and fall structure. BOLL is currently running on the lower track and continues to open downward. From the 4-hour indicator, KDJ and MACD are both pressed down at the same time. The short-term is still subject to the suppression of the MA5-day moving average. At the same time, the overall trend of the MA10-day moving average is destroyed. Therefore, from the current point of view, the technical indicators in the short term will still be in a downward trend. The effective support below is around 1775-1710, so our trading ideas in the early morning are mainly short-selling.
4.26 Ethereum early morning operation ideas
Short around 1820-1830, stop loss 30 pips, target around 1770-1740, break to 1710
Long around 1710-1720, stop loss 30 points, target around 1750
4.26 Bitcoin early morning operation ideas
Short around 27400-27500, stop loss 300 points, target around 26900-26400, break to 26100
Long around 26100-26200, stop loss 300 points, target around 26500
