From the 1-hour chart, ETH is moving up all the way in a stepped manner. It broke new highs this morning and it slightly fell back near US $488, and US $490 was under heavy pressure. The opening of the Bollinger Band runs upwards, the K line runs on the upper rail of the Bollinger Bands, the major moving averages are upwards, the MACD bull energy column begins to shrink, and the fast and slow lines form a golden cross and move upwards.
From the 4-hour chart, the Bollinger Bands are open, the MACD bull energy column continues to increase, the MACD speed line is above the zero axis and forms a golden cross upwards. On the whole, it is still a bullish trend, although there is a small fall back.
In daytime operations, action suggestion is as below:
Fall back near US $478-482, enter the market with Buy/Up orders, the target is near US $488-490, stop loss 5 points
Tips: Quotes are time-sensitive, and please pay attention to take good risk control and make good use of "Take profit" and "Stop loss".
The technical analysis of cryptocurrencies in real time should be taken for informational purposes only, and in no case should it be taken as an investment signal.