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November 3rd, Ethereum strategy
From the 1-hour K-line chart, the price of Ethereum is running above all short-term moving averages (MA5, MA20, MA60), which is a short-term bullish signal.
The fast line DIF of the MACD indicator has significantly widened the distance from the slow line DEA and is located above the zero axis. The green momentum bars continue to expand, indicating the opening or continuation of a major bullish trend. Investors can buy when the price pulls back to near the short-term moving averages, such as looking for buying opportunities near the MA5 or MA20 moving averages, with the stop-loss set below the recent low.
Ether: 3780-3700+, target 3900, looking at 3950#参与创作者认证计划月领$10,000