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ETH: Low position narrow amplitude oscillation
2022-09-29
1313
Fundamental analysis:
Ethereum maintained a shock near 1345. Ethereum researchers reported that Flashbots, the MEV operator, was reviewing all transactions from Tornado Cash. According to Wahrst ä tter, none of the 19436 Ethereum blocks generated on Ethereum after The Merge using the relay software of Flashbots (for MEV Boost) included transactions related to Tornado Cash.
Ethereum ETHUSD - 4-hour K line diagram shows:
Technical analysis:
The 4-hour chart shows that the low level short-term interval fluctuates and moves, and the bulls slowly sort up, but have not yet moved out of the low level interval. The MACD index is weak and hovers near the 0 axis, and the RSI index is weak and collated near the 50 equilibrium line;
Empty turning point: 1328
Pressing position: 1378, 1413
Support position: 1292, 1256
Trading strategy: bullish above 1328, target 1378, 1413
Alternative strategy: 1328 lower bearish, target 1292, 1256
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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