Looking at the ETH 1-hour indicators, the Bollinger Bands are opening and closing with a corresponding range of 3200-3113. The middle band is trending downward, corresponding to a price of 3157, and ETH's corresponding price is 3159.
Moving Average Indicators: The MA5 has crossed above the MA10 from below, corresponding to a price of 3166. The MA10 is trending upward, corresponding to 3154. The 30-day MA is turning downward, corresponding to 3170. The 60-day MA is trending upward, corresponding to 3121. The 120-day MA is trending downward, corresponding to 3001. The 240-day MA is trending upward, corresponding to 2996. The 360-day MA is flat, corresponding to 2939.
MACD: Above the 0 axis. Bullish momentum is slowly increasing. The slow line is below the fast line, forming a golden cross and moving upward.
RSI: 59-58. Both lines are overlapping and entering a normal trading phase.
Upper resistance levels: 3270, 3480. Lower support levels: 2984, 2780.
ETH Direction: Sideways consolidation. Currently above MA5 and MA10.
Summary: High short strategy: Open initial short at 3270, add at 3480. Low long strategy: Open initial long at 2984, add at 2780. High short first take profit point: 2984, second: 2780. Low long first take profit point: 3270, second: 3480.
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Looking at the ETH 1-hour indicators, the Bollinger Bands are opening and closing with a corresponding range of 3200-3113. The middle band is trending downward, corresponding to a price of 3157, and ETH's corresponding price is 3159.
Moving Average Indicators:
The MA5 has crossed above the MA10 from below, corresponding to a price of 3166.
The MA10 is trending upward, corresponding to 3154.
The 30-day MA is turning downward, corresponding to 3170.
The 60-day MA is trending upward, corresponding to 3121.
The 120-day MA is trending downward, corresponding to 3001.
The 240-day MA is trending upward, corresponding to 2996.
The 360-day MA is flat, corresponding to 2939.
MACD: Above the 0 axis. Bullish momentum is slowly increasing. The slow line is below the fast line, forming a golden cross and moving upward.
RSI: 59-58. Both lines are overlapping and entering a normal trading phase.
Upper resistance levels: 3270, 3480.
Lower support levels: 2984, 2780.
ETH Direction: Sideways consolidation. Currently above MA5 and MA10.
Summary:
High short strategy: Open initial short at 3270, add at 3480.
Low long strategy: Open initial long at 2984, add at 2780.
High short first take profit point: 2984, second: 2780.
Low long first take profit point: 3270, second: 3480.