Happy holidays everyone. I am Li Shengting. I walk on thin ice with a mentality of always being in awe of the market.
Judging from the technical indicators, the decline of Ethereum in the evening today is to repair the gap caused by the rebound of the daily coin price. However, from the current market situation, the gap has not been effectively repaired, and the lowest point is also to stop falling after reaching the line around 1866. From the perspective of the daily technical indicators, KDJ and MACD both show a shrinking situation of long positions, while the DIF and DEA technical indicators work together to suppress, and the BOLL technical indicator is still suppressed by the upper track. At the same time, the MA30 daily moving average failed to effectively break through the upper pressure level. Therefore, from the perspective of the daily technical indicators, the short-term retracement is not over yet.
From the 4-hour technical indicators, the KDJ three lines turned downward, the MACD technical indicator bulls continued to shrink, and the MA3-day moving average and the MA5-day moving average formed a short arrangement. At present, the short-term has broken through the MA10-day moving average support, so our operation strategy in the early morning is mainly high-altitude.
6.22 Ethereum early morning operation ideas
Short around 1890-1880, stop loss 30 pips, target 1850-1830
6.22 Bitcoin Operation Ideas in the Early Morning
Short around 30000-29900, stop loss 300 points, target 29600-29300
