ETH: high order

Ethereum remained volatile around 1790. Meitu announced on the Hong Kong Stock Exchange on March 30 that its revenue in 2022 will be 2.0853 billion yuan, a year-on-year increase of 25.2%. The net profit attributable to the company’s owners is 94.1 million yuan, the first full-year profit ; The adjusted net profit attributable to the owners of the company was 110.5 million yuan, a year-on-year increase of 29.9%; it is proposed to pay a final dividend of HK$0.02 per share.

Ethereum ETHUSD - 4-hour K-line chart shows:

Looking at the 4-hour chart: the high level is short-term and maintains a weak order in the range channel, the market as a whole is hovering at a high level, and there is no final direction guide in the short term, the MACD indicator is hovering above the 0 axis, and the RSI indicator is in a weak order above the 50 balance line;

Resistance level: 1832 1867

Support level: 1742 1708

Trading strategy: Bullish above 1778, target 1832 1867

Alternative strategy: bearish below 1778, target 1742 1708