Technical analysis of ETH contract on April 10: Today, the large-cycle daily level closed with a large positive line yesterday, and the K-line pattern was a single positive line with continuous negative lines. The price was still at a low level, and the attached indicator was dead cross. Although the current rebound trend is relatively strong, it is a correction in terms of both the trend pattern and the basic technical indicators. The large-cycle price is suppressed, and it is difficult to continue and form a trend. This is inevitable; the current K-line pattern of the four-hour chart is continuous negative, and the price has also reached the pressure position of the moving average. From the perspective of the pattern, it is very likely to go in the shape of a head and shoulders top. The high point of yesterday's rebound is the top. The short-cycle hourly chart was under pressure and retreated in the morning. The current continuous negative decline, the attached indicator is dead cross running.
Today's ETH short-term contract trading strategy: Sell directly in the current price area of 1600, stop loss in the 1630 area, and target the 1530 area;
Today's ETH short-term contract trading strategy: Sell directly in the current price area of 1600, stop loss in the 1630 area, and target the 1530 area;
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We share free trading signals of various products (XAUUSD, foreign exchange, oil, BTC) every day, with high accuracy and lucrative profits.
t.me/+aLnifhBYkww1ODlh
t.me/+aLnifhBYkww1ODlh
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.