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Eth: high narrow finishing moves up
2022-08-15
1463
Fundamental analysis:
Ethereum kept shaking around 1905. According to the data of dune analytics, the number of Ethereum wallets holding more than one matic token has exceeded 400000.
Ethereum ethusd - 4-hour K-line diagram shows:
Technical analysis:
According to the 4-hour chart, the Bulls' power keeps moving up, short-term or entangled high-level narrow range finishing, MACD index keeps finishing in the Bulls' area, and RSI index hovers in the Bulls' area;
Long and short turning point: 1884
Pressing position: 1954, 1992
Support position: 1839, 1802
Trading strategy: 1884 bullish, target 1954, 1992
Alternative strategy: 1884 lower bearish, targets 1839 and 1802
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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