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The head of the Swiss central bank said cryptocurrency had little impact on the Swiss franc

2022-05-19
1174
Fundamental analysis:

Ethereum maintained a shock around 1959. Swiss central bank governor Jordan said that cryptocurrency had little impact on the Swiss franc and the Swiss Franc exchange rate was stable.


Ethereum eth / usdt - 4-hour K-line diagram display:




Technical comments: the short power continues to fluctuate and fall in the middle and lower rail section of the brin belt index channel. After reaching the 1701 node at the low level, it reverses and fluctuates and rises. After touching the node near the middle rail of the brin belt index, it starts to sort out and translate. The short-term short power is weak again and moves downward. The brin belt index continues to close. The MACD index is in the short area at the low level, maintains the concussion and moves upward, and then starts to sort out, RSI index is at the lower side of the 50 equilibrium line, and the narrow range finishing is slowly descending;


Long short turning point: 1998


Pressing position: 2095, 2189


Support position: 1857, 1773


Trading strategy: 1998 bearish, target 1857, 1773


Alternative strategy: bullish above 1998, target 2095, 2189


The above analysis is a personal point of view and is for reference only.

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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