Li Shengtian's Ethereum Market Analysis and Trading Ideas for May 12th

CN
李聖庭
Follow
12 hours ago

From today's Ethereum daily technical indicators, the coin price reached a high near 2540, followed by a pressured pullback. Currently, the KDJ technical indicator shows a bullish contraction adjustment, while the MACD indicator and the DIF and DEA indicators are crossing downwards. From the daily perspective, the technical gap created by the recent rise has not been fully filled, and Bitcoin next door is also showing a red TD3 downward signal, while Ethereum is showing a green TD9 trend. Compared to Bitcoin, Ethereum's movement is somewhat lagging, so I personally believe that there is a high probability of continuing a new round of technical adjustment during the afternoon.

From the 4-hour technical indicators, the KDJ and MACD indicators show clear signs of bullish contraction. The MA5 and MA10 moving averages are converging downwards, while the high MA30 moving average continues to weaken. The BOLL indicator is operating near the lower band area and has not correlated with the coin price. Considering both the daily and short-term technical indicators, I personally believe that we will continue to see a technical pullback adjustment in the afternoon.

For Ethereum, short positions can be taken near 2500-2530, with a stop loss at 2578 and a target of around 2450-2420.

For Bitcoin, short positions can be taken near 104000-104500, with a stop loss at 105800 and a target of around 103000-101500.

The above is my personal market analysis for the afternoon, for reference only.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

派网:注册并领取高达10000 USDT
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink