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ETH: Movement upward

2023-01-09
1084
Basic face analysis:
Ethereum maintains a shock near 1267, and the Mexican government announced through social media that it will develop its own digital pesos and will be launched around 2024. However, according to the new information of the central bank Banxico, this schedule is becoming increasingly impossible.

Eto Ethusd — 4 hours K -line diagram display:



Technical analysis:
4 -hour charts: The polyphonic staircase shocks upward, the short -term bullish emotions are shrouded, the market's long -headed movement continues to move upwards, the MACD indicator is in the long -headed area, the RSI indicator is on the 50 equilibrium line and continuously shifts up;
Multi -short turning point: 1262
Suppression: 1273, 1283
Support: 1252, 1243
Trading strategy: Bull above 1262, target 1273, 1283
Essential strategy: Below of 1262, target 1252, 1243

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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