Yesterday's review: The price broke above the Bollinger Bands on the 8-hour chart but failed to sustain and instead declined back below the lower band after a pullback. The entry point analyzed by the blogger was reached yesterday; following this point would have been a profitable day. The 4-hour Bollinger Bands are narrowing; after the price broke below the lower band, it rebounded and pulled back. Moving averages are all trending downward, with MA5 and MA10 crossing below MA60 in a death cross. The MACD fast and slow lines are crossing below the zero line in a converging pattern, indicating unstable bearish momentum. The RSI fast and slow lines are in the normal zone, with a death cross turning downward. The 1-hour Bollinger Bands are opening up; after the price broke below the lower band, it retraced to test MA5, MA30, and MA60, with a downward converging cross. The MACD fast and slow lines are crossing below the zero line in a converging pattern, weakening bearish momentum. The RSI fast and slow lines are below the zero line and are about to form a golden cross, with the fast line moving upward. Conclusion: The market is oscillating with a slight upward bias; in the short term, it is testing the upside without breaking the 4-hour MA10 (the midline on the 1-hour chart), maintaining sideways movement. Resistance: 3039 3143 3203 Support: 2890 2809 Strategy: If the price does not break above 3007, small short positions can be taken; add to positions at 3039. Second addition at 3143.
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JianghuShaoxia
· 13h ago
#加密市场小幅回暖# ETH Analysis
Yesterday's review: The price broke above the Bollinger Bands on the 8-hour chart but failed to sustain and instead declined back below the lower band after a pullback. The entry point analyzed by the blogger was reached yesterday; following this point would have been a profitable day.
The 4-hour Bollinger Bands are narrowing; after the price broke below the lower band, it rebounded and pulled back. Moving averages are all trending downward, with MA5 and MA10 crossing below MA60 in a death cross. The MACD fast and slow lines are crossing below the zero line in a converging pattern, indicating unstable bearish momentum. The RSI fast and slow lines are in the normal zone, with a death cross turning downward. The 1-hour Bollinger Bands are opening up; after the price broke below the lower band, it retraced to test MA5, MA30, and MA60, with a downward converging cross. The MACD fast and slow lines are crossing below the zero line in a converging pattern, weakening bearish momentum. The RSI fast and slow lines are below the zero line and are about to form a golden cross, with the fast line moving upward.
Conclusion: The market is oscillating with a slight upward bias; in the short term, it is testing the upside without breaking the 4-hour MA10 (the midline on the 1-hour chart), maintaining sideways movement.
Resistance: 3039 3143 3203
Support: 2890 2809
Strategy: If the price does not break above 3007, small short positions can be taken; add to positions at 3039. Second addition at 3143.
#加密市场小幅回暖 ETH Analysis
Yesterday's review: The price broke above the Bollinger Bands on the 8-hour chart but failed to sustain and instead declined back below the lower band after a pullback. The entry point analyzed by the blogger was reached yesterday; following this point would have been a profitable day.
The 4-hour Bollinger Bands are narrowing; after the price broke below the lower band, it rebounded and pulled back. Moving averages are all trending downward, with MA5 and MA10 crossing below MA60 in a death cross. The MACD fast and slow lines are crossing below the zero line in a converging pattern, indicating unstable bearish momentum. The RSI fast and slow lines are in the normal zone, with a death cross turning downward. The 1-hour Bollinger Bands are opening up; after the price broke below the lower band, it retraced to test MA5, MA30, and MA60, with a downward converging cross. The MACD fast and slow lines are crossing below the zero line in a converging pattern, weakening bearish momentum. The RSI fast and slow lines are below the zero line and are about to form a golden cross, with the fast line moving upward.
Conclusion: The market is oscillating with a slight upward bias; in the short term, it is testing the upside without breaking the 4-hour MA10 (the midline on the 1-hour chart), maintaining sideways movement.
Resistance: 3039 3143 3203
Support: 2890 2809
Strategy: If the price does not break above 3007, small short positions can be taken; add to positions at 3039. Second addition at 3143.