No. 5 consolidated during the day, made a downward probe in the evening, then began to rally and break through 3200, currently standing firm at 3200, consolidating at high levels
Technical Analysis Bollinger Bands 1-hour Analysis Bollinger Bands expanding upward, upper rail 3261, middle rail 3211, lower rail 3161. Broke above the upper rail at 4 AM this morning, then began to retracement below the upper rail. Currently clinging to the middle rail
MA 1-hour Analysis MA5 corresponds to price 3223, MA10 corresponds to price 3221, MA30 corresponds to price 3198. MA5, MA10 rose and stood firm above MA30. K-line standing firm above MA30. MA5, 10, 30 arranged in descending order from top to bottom, expanding opening upward, moving in a one-way uptrend
MACD 1-hour Analysis Dual lines above the zero axis. Formed a death cross at 10 AM this morning with downward direction. Bearish momentum gradually increasing
RSI 1-hour Analysis Dual lines formed a death cross at early 4 AM in overbought stage heading downward. Currently fast and slow lines at the edge of oversold stage, about to form a golden cross moving upward
Comprehensive Analysis Currently standing firm at 3200, oscillating within the 3200-3240 range
Resistance: 3265 Support: 3200 Strategy: Short at high levels, open short near 3265, if continues to rise to around 3300 can add position at 1:1/2/3, effective breakout of 3350 stop loss, 3169 take profit$ETH
ETH
No. 5 consolidated during the day, made a downward probe in the evening, then began to rally and break through 3200, currently standing firm at 3200, consolidating at high levels
Technical Analysis
Bollinger Bands 1-hour Analysis
Bollinger Bands expanding upward, upper rail 3261, middle rail 3211, lower rail 3161. Broke above the upper rail at 4 AM this morning, then began to retracement below the upper rail. Currently clinging to the middle rail
MA 1-hour Analysis
MA5 corresponds to price 3223, MA10 corresponds to price 3221, MA30 corresponds to price 3198. MA5, MA10 rose and stood firm above MA30. K-line standing firm above MA30. MA5, 10, 30 arranged in descending order from top to bottom, expanding opening upward, moving in a one-way uptrend
MACD 1-hour Analysis
Dual lines above the zero axis. Formed a death cross at 10 AM this morning with downward direction. Bearish momentum gradually increasing
RSI 1-hour Analysis
Dual lines formed a death cross at early 4 AM in overbought stage heading downward. Currently fast and slow lines at the edge of oversold stage, about to form a golden cross moving upward
Comprehensive Analysis
Currently standing firm at 3200, oscillating within the 3200-3240 range
Resistance: 3265
Support: 3200
Strategy: Short at high levels, open short near 3265, if continues to rise to around 3300 can add position at 1:1/2/3, effective breakout of 3350 stop loss, 3169 take profit$ETH