Technical analysis of ETH contract on April 5: Today, the large-cycle daily line level closed with a small negative line yesterday, and the K-line pattern continued to fall. The price was below the moving average. The fast and slow lines of the attached indicator were glued together and flattened. From this point of view, the time happened to be on the weekend, and the weekend was mainly focused on corrections. So can we predict whether the trend of the second big drop will continue next week? Let's wait and see; the short-cycle hourly chart was under pressure in the early morning, and the K-line pattern showed continuous negative lines. The attached indicator was dead cross running, and the high point of the correction was near the 1836 area. From the perspective of various technical indicators, the current decline will continue, but the strength will not be very large.
Therefore, today's ETH short-term contract trading strategy: sell directly at the current price of 1813 area, stop loss in the 1843 area, and target the 1750 area;
Therefore, today's ETH short-term contract trading strategy: sell directly at the current price of 1813 area, stop loss in the 1843 area, and target the 1750 area;
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.