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9.16 Ethereum evening market analysis:
Looking at the 4-hour chart, the Ether market fell back under pressure after hitting 1650 during the day. It failed to stand firmly above 1650 after two surges. The price continued to fluctuate around 1630 during the day. The overall trend shows that the Bollinger Bands price channel is still developing upwards or moving in the long direction. , the idea of making orders in the evening is still to keep low and long, wait for the upper space to open, and then step back to take the long break and continue to watch.
Operation suggestions:
Step back to 1620-1635 to go long in batches, target 1700-1750, stop loss 1600
Step back to 26300-26550 and go long in batches. The target is 27500-28000 and the stop loss is 26000.
This column is a long-term technical analysis, objective and rational, with clear ideas and precise points. Welcome to like and follow