Ledgable completed round a financing of USD 20million, led by ejf capital

Fundamental analysis:

Ethereum maintained a shock around 1839. Ledgable, an encryption tax and accounting platform, announced the completion of a round of financing of $20million. Ejf Silvergate ventures fund under ejf capital led the investment, and jam fintop, Thomson Reuters ventures, TTV capital, fenbushi us, commerce ventures, Nathan McCauley and Perkins Coie participated in the investment.

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

Technical comments: the narrow range consolidation in the Bollinger belt index channel has been maintained for a long time, and the low-level bulls are waiting for the opportunity to enter the market, reversing the shock and moving up. The short-term Bollinger belt index continues to shift after closing. The MACD index is under the 0 axis, and the narrow range consolidation moves up. The RSI index is in the short area, and the weak shock moves up to the 50 equilibrium line;

Long short turning point: 1822

Pressing position: 1936, 2023

Support position: 1740, 1661

Trading strategy: bullish above 1822, target 1936, 2023

Alternative strategy: 1822 down bearish, target 1740, 1661

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