April 17 Morning Analysis of the Second Bull


BOLL + MACD Double Indicator Interpretation
Current quote: 2331.73, price broke below the Bollinger middle band at 2343.39, approaching the lower band at 2334.75, trading near the lower band, indicating short-term bearish dominance.
The previous high of 2368 faced resistance and declined, with the lowest point reaching 2282.70, and the rebound was weak, turning weaker again.
MACD double lines fell below the zero axis, green bars continued to expand, bearish momentum persisted, and the downward test of support risk increased.
Resistance above at 2352, strong support below at 2280, do not countertrend buy the dip, a personal suggestion from Yi Fan: rebound near 2375-2390, target around 2280-2250.
ETH-1.21%
BTC-0.32%
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