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Ethereum (ETH) - June 21

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BITFINEX:ETHUSD   Ethereum
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It fell from 232.90, an important point.
You need to make sure you can quickly rise above the 232.90 point.

In addition, support must be obtained at point 226.

If you fall from 226, you are likely to touch 210.65.

It failed to rise to the intersection of the trend lines and fell.

I think it is important to be able to ascend and gain strength while supporting in the 226~232.90 section.

If it doesn't, there is a chance that you will gather strength at 210.65.

Where to gather power is the most important, but if you start to climb because you haven't even touched the key trend line, I think you are likely to rise above the 302.70 point.

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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.

Description of abbreviations shown in chart
R: Resistance point or section, where the counter is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
Comment:
(1W chart)
Bollinger Bands began converging around September 30, 2019.
In addition, the box section (133.76~281.63) is formed and is in Sideways.
If you break the 281.63 point and start ascending, I think you are likely to touch the 429.24 point first.
Below 133.76, I think it is well worth the long-term investment.

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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