#ETH走势分析 Observing the recent trend of Ether, a typical two bearish and one bullish candlestick pattern has appeared on the four-hour chart. The price is gradually rising along the short-term moving average, and the Trading Volume shows a moderate increase - this kind of volume-price relationship usually indicates that buying pressure is continuously coming in.
On the technical indicators level, the MACD has completed a golden cross below the zero line and continues to diverge upwards, with the distance between the fast and slow lines constantly widening. From the current market structure, bullish forces temporarily dominate.
You may consider placing long orders in the range of 2950-2990, with a short-term target looking towards the 3100 line. If this resistance level is effectively broken, there is hope for testing the pressure around 3250 afterwards.
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#ETH走势分析 Observing the recent trend of Ether, a typical two bearish and one bullish candlestick pattern has appeared on the four-hour chart. The price is gradually rising along the short-term moving average, and the Trading Volume shows a moderate increase - this kind of volume-price relationship usually indicates that buying pressure is continuously coming in.
$ETH
On the technical indicators level, the MACD has completed a golden cross below the zero line and continues to diverge upwards, with the distance between the fast and slow lines constantly widening. From the current market structure, bullish forces temporarily dominate.
You may consider placing long orders in the range of 2950-2990, with a short-term target looking towards the 3100 line. If this resistance level is effectively broken, there is hope for testing the pressure around 3250 afterwards.
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