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ETH: high order
2023-03-22
964
Fundamental analysis:
Ethereum maintains a shock around 1796. Go Ethereum releases the Ethereum client Geth v1.11.5 version (Erszbat). :35) Enable Shanghai mainnet upgrade. According to the previous news on March 16, the Ethereum mainnet will be upgraded to Shanghai (Shapella) on April 12.
Ethereum ETHUSD - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: the bullish momentum is fluctuating at a high level and within a narrow range. The bullish sentiment in the market is still there, and there are signs of continued upward movement in the short term.
Resistance level: 1822 1849
Support level: 1750 1719
Trading strategy: Bullish above 1779, target 1822 1849
Alternative strategy: bearish below 1779, target 1750 1719
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
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