ETH


The overall review of yesterday's discussion on January 15th shows a downward trend. The four-hour chart indicates touching the upper Bollinger Band and then a pullback. The one-hour chart shows a sideways consolidation range.
According to the 1-hour ETH indicator, the Bollinger Bands are contracting within the range of 3364-3267. The middle band is trending downward at 3315, with ETH at 3306.
Moving average indicators: MA5 and MA10 crossover at 3304-3299. The 30-day moving average is trending upward at 3318. The 60-day moving average is trending upward at 3320. The 120-day moving average is trending upward at 3222. The 240-day moving average is parallel at 3183.
MACD: Currently below the zero line, with the two lines crossing and entering a sideways consolidation.
RSI: 63-40. The two lines are now in a normal trading phase.
Resistance levels: 3364, 3435. Support levels: 3265, 3171.
ETH direction: sideways consolidation.
Summary:
High-level short strategy: Short at around 3364, add to the short position at 3435.
Low-level long strategy: Long at around 3265, add to the long position at 3171.
ETH2,26%
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