ETH June 10 early morning market trend

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Because the overall price of the currency tends to shock during the day today, the idea of the early morning is basically the same as that of the day today (continue to see the shock and a small downward trend).

The daily line compared with the day, the currency price closed down in the inverted hammer line, BOLL and MACD overall trend is still inclined to shock down, the main figure MA10 and MA30 average is still depressed down, so the overall trend of the morning continues to see the shock and a small decline (shock reason is that MACD did not release too strong volume performance, BOLL also has no obvious opening).

On the 4-hour level, MACD is oscillating near axis 0, while THE overall trend of KDJ and BOLL is still oscillating and slightly downward. In the main figure, MA10 and MA5 moving average cross, and MA30 moving average makes high shock, so the early morning trend is certainly weak, but considering that BOLL and MACD and KDJ are oscillating at the same time to the downside, then the view of the early morning also continues to look down the shock along with the daytime thinking. Low support is also referenced around the 4h and daily BOLL downtrack zone (price reference is 1736-1644 zone).

Conclusion: I expect that the overall trend of the currency price is still inclined to shock down during the early morning and at 8 o 'clock tomorrow morning when the daily line, the low support reference can be in the vicinity of 1736-1644 area, according to the current trading volume, this support is basically enough, and the follow-up is waiting for the update tomorrow

The above is personal market analysis during the early morning, for your reference only.

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