Li Shengting: Ethereum Market Analysis and Trading Strategy for May 14th Afternoon

CN
李聖庭
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8 hours ago

Ethereum closed at 8 AM today, with daily technical indicators once again closing in the positive. Currently, Ethereum is firmly standing around the 2620 level. The KDJ technical indicator and MACD technical indicator are crossing upwards, while the BOLL technical indicator is operating near the middle band. Additionally, the technical gap created by the MA5 daily moving average has seen some recovery, and the high MA30 daily moving average continues to strengthen. In the daily technical indicators, the MA3 daily moving average is arranged in a bullish pattern and is rising. Compared to yesterday, the desire to rise has increased, so for intraday trading, it is recommended to focus on buying on dips.

From the perspective of the 4-hour technical indicators, the KDJ technical indicator shows a golden cross and is strengthening, while the MACD technical indicator shows a bottom cross and is rising. The BOLL technical indicator continues to open upwards. In the short term, Ethereum is already in a green TD3 bullish pattern with increasing volume, and the DIF and DEA technical indicators are rising together. Therefore, today's trading strategy remains unchanged, with a recommendation to focus on buying on dips.

Ethereum: Buy in portions around 2660-2630, stop loss at 2567, target at 2700-2740.

Bitcoin: Buy in portions around 103000-102500, stop loss at 100800, target at 104500-106000.

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

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