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Ethereum Dominance (ETH.D) - September 23

CRYPTOCAP:ETH.D   Market Cap ETH Dominance, %
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(1D full period chart)

Breaking above the 9.30 point formed an upward trend.
And, by breaking through the 10.99 point, we reached a bullish market.

We think we are ready to create a new wave by breaking through the 9.30 and 10.99 points, which are important points on the ETH dominance chart.

In addition, by touching the important section 13.27-14.26, I confirmed my will to create a new wave.

It remains to be seen whether it will gain support and create a new wave at the uptrend line (2) and at 11.70.

Also, I think it is important not to fall below the 10.99 point.

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(ETHUSD 1D chart)
The ETH dominance chart and the ETH price chart look very similar.

It remains to be seen if it can rise above the uptrend line (5).

If it falls, you need to see if you can get support at the uptrend line (4).

It is struggling as it declines from the 390.0 point.

We need to see if we can climb above the 350.63 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 explanations are for reference only and do not guarantee profit or loss on investment.

Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment

(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)

[Example of exchange chart setup]

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

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