Trader Hero - Lao Zheng's Thought Sharing on Monday Early Morning



From a technical perspective, the 4-hour K-line chart of Ethereum shows that the price is currently above the short-term moving average, with the 5-day moving average and the 10-day moving average forming a golden cross, and a clear bullish arrangement, providing initial support for a price increase. The MACD indicator's histogram continues to expand above the zero axis, indicating that bullish momentum is continuously strengthening; at the same time, the three lines of the KDJ indicator are operating in the strong area above 50, and the J value has not yet reached the overbought zone, indicating that there is still some room for the upward trend to continue.

The pancake can be arranged near the range of 118000 - 117500.
The target can be seen around the range of 119000 - 120000.
The second pancake can be arranged around the range of 4200 - 4140.
The target can be seen around the 4320 - 4380 range.

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SOL9.87%
PI-2.69%
GT1.26%
BTC0.98%
ETH8.77%
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INCRONvip
· 08-10 18:40
hello
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