Technical analysis of ETH contract on June 30:
Today, the large-cycle daily level closed with a small positive line yesterday, the K-line pattern was a continuous positive and a single negative line, the price was above the moving average, and the attached indicator was in a golden cross. The current rise in the general trend is very obvious, but the price has not shown a very strong trend or a trend of breaking high directly. In this way, the transaction should still be kept short to prevent the risk of a large price retracement; the short-cycle hourly chart rose in the morning, and the current price is consolidating at a high level. The attached indicator is in a golden cross, and the retracement small support position is near the 2500 area. If the rise continues during the day, the European session must break high, otherwise the US session will be difficult to continue.
Today's ETH short-term contract trading strategy:
Purchase at the 2500 area, stop loss at the 2470 area, and target the 2565 area;
Today, the large-cycle daily level closed with a small positive line yesterday, the K-line pattern was a continuous positive and a single negative line, the price was above the moving average, and the attached indicator was in a golden cross. The current rise in the general trend is very obvious, but the price has not shown a very strong trend or a trend of breaking high directly. In this way, the transaction should still be kept short to prevent the risk of a large price retracement; the short-cycle hourly chart rose in the morning, and the current price is consolidating at a high level. The attached indicator is in a golden cross, and the retracement small support position is near the 2500 area. If the rise continues during the day, the European session must break high, otherwise the US session will be difficult to continue.
Today's ETH short-term contract trading strategy:
Purchase at the 2500 area, stop loss at the 2470 area, and target the 2565 area;
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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.