Martin: Market Analysis and Strategy for October 31st

CN
11 months ago

ETH Strategy Analysis:

The short-term market of ETH continues to oscillate within a range intraday, with resistance at the 1820 level and support in the 1775-1780 range. The KDJ indicator currently shows a V-turn upwards, while the MACD indicator has a shrinking green hollow momentum column. In the short term, there is a rebound trend on the 4-hour chart, with attention to the resistance at 1820. The daily market may continue to rise after pulling back to the low point, with the KDJ indicator showing a death cross at the 74 axis, turning into a golden cross and then a death cross again, and the MACD red solid momentum column continuously shrinking. From the current daily trend, the market is still in a range oscillation phase, with the bulls currently accumulating momentum. The overall trend of the market is still dominated by the bulls, so it is recommended to focus on long positions.

Martin's Daily Strategy

ETH Intraday Operation Suggestions:

Enter long positions at 1765-1786 Enter short positions at 1895-1925

BTC Intraday Operation Suggestions:

Enter long positions at 33820-34060 Enter short positions at 35300-35500

Not flamboyant, not dragging, not grandiose, only positions! Welcome to scan the QR code to follow the official account "Martin's Daily Strategy"

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