简体中文
ภาษาไทย
繁體中文
Indonesia
ETH: high volatility
2023-01-12
1097
Fundamental analysis:
Ethereum remains volatile around 1335, Hong Kong's Securities and Futures Commission (SFC) will allow retail trading of a specific group of cryptocurrencies as it attempts to introduce regularity to cryptocurrencies.
Ethereum ETHUSD - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: the high level is fluctuating within a narrow range, and the market is still bullish. In the short term, there are signs of continued consolidation and upward movement. The MACD indicator is at a high level in the bullish zone, and the RSI indicator is hovering in the bullish zone;
Long-short turning point: 1331
Repression: 1347, 1359
Support: 1321, 1312
Trading strategy: Bullish above 1331, target 1347, 1359
Alternative strategy: bearish below 1331, target 1321, 1312
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.
Free AccessDaily Trading Strategy
Download Now
CM Trade Mobile Application
Economics Calendar
More
