1:7 EtH strong on the attack is expected to break the top
The trend of Ethereum yesterday was a shock-returning step, and then a shock-up trend. From the low to the current high of 1197, it rose by about $160 in a single day. On the daily line, the bulls are still in a strong area. The situation of 5 consecutive positives is very hot, and the previous high pressure is on the 1272 line. According to the hourly chart, it has broken through 1200. From the perspective of the trend, it has taken a stepped up. Every step up, it will oscillate and retreat a little and then go up. Then the lower 7-day moving average can enter the market near 1150. There are many entries in the 1110-1130 interval. This interval has completed the top-to-bottom conversion. If this interval breaks, then the market will accelerate to step back, and it is necessary to pay attention to the 60-day moving average near 1060. The short order depends on the stabilization of the range of 1200-1220. If it cannot be stabilized, it can be empty. If it breaks through and stabilizes, look at the previous high near 1272, and then choose to be empty. The suggestion is for reference only, the market fluctuates greatly, enter the market to do a good job of risk control, and grasp the profit margin by yourself.
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