#ETH MACD is showing a golden cross above water, and KDJ has just rebounded and is overbought. This signal means that the rise won't be high. If it doesn't break 3574, pay attention to the upper long shadow for shorting. If it breaks 3574, wait for MACD to turn into a death cross, and you can short at a maximum of 3660. Personally, I believe that if it exceeds 3574, you can short at 3630, with a stop loss at 3680 and a take profit near 3480.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#ETH MACD is showing a golden cross above water, and KDJ has just rebounded and is overbought. This signal means that the rise won't be high. If it doesn't break 3574, pay attention to the upper long shadow for shorting. If it breaks 3574, wait for MACD to turn into a death cross, and you can short at a maximum of 3660. Personally, I believe that if it exceeds 3574, you can short at 3630, with a stop loss at 3680 and a take profit near 3480.