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Ethereum development platform infra has reached cooperation with near

2022-05-25
1173
Fundamental analysis:

Ethereum remained in shock around 1977. Consensys announced that its blockchain development platform infra had established a partnership with the near agreement. The integration has been tested internally for two months and is now widely used. This marks the expansion of infra.


Ethereum ethusdt - 4-hour K-line diagram display:




Technical comments: it has maintained the continuous translation of narrow consolidation in the Bollinger belt index channel for a long time. During this period, it has repeatedly spied the nodes of the upper and lower rail sections. The Bollinger belt index is in the closing translation trend, the MACD index is in the weak wandering on the lower side of the 0 axis, and the RSI index is in the narrow consolidation on the lower side of the 50 equilibrium line;


Long short turning point: 1998


Pressing position: 2112, 2204


Support position: 1838, 1741


Trading strategy: bearish below 1998, target 1838, 1741


Alternative strategy: bullish above 1998, target 2112, 2204


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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