ETH Afternoon Analysis:


Resistance level: 2332
Strong resistance: 2344
Support level: 2306
Strong support: 2293
Four-hour price is below the midline and has not broken the lower Bollinger Band, which is closing in at prices 2361 2327 2298. One-hour price is below the midline and has not broken the lower Bollinger Band, which is opening at prices 2348 2325 2303.
MA Moving Averages: One-hour price is below MA5; MA5 and MA10 are continuing downward. Four-hour price is below MA5; MA5 and MA10 are continuing downward.
MACD: Four-hour line is above the zero axis; the two lines are dead-crossing downward, indicating increasing bearish momentum. One-hour line is below the zero axis; bearish momentum is decreasing.
RSI: One-hour is in oversold stage, 9~12, with slight rebounds. Four-hour price is in oversold stage, 8~15.
Summary: The market is in a downward oscillation.
ETH-1.77%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin