Ethereum (ETH) - October 25 (Including mid- to long-term views)
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You need to see if you get support at the downtrend line (9).
Also, we have to see if we can climb above the 413.65 point.
Around October 30, there may be a movement touching the uptrend line (5).
To avoid this, we have to see if we can climb above the 429.24 point.
As ETH Dominance explains, we will see if there is a move to gain power.
If it falls at the uptrend line (5), it is a short-term Stop Loss.
(1W Chart)-Full Chart
The 390.0 point is the fierce volume profile point.
Below the 302.70 point, the lows are identified.
Point 565.54 is the fierce volume profile point towards the high point.
Therefore, I think it takes tremendous force to climb in the 390.0-565.54 range.
It remains to be seen if we can gain the power from Ethereum articles that are being released continuously.
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(ETH Dominance 1D Chart)
It remains to be seen if it can rise above the uptrend line (2) and the 12.07 point.
If I maintain the dominance above 11.70, I think it is possible to increase further.
So, you need to make sure you can get support at 11.70.
I think the 11.70 point is a good place to create a new wave.
If sideways take place at this point, ETH dominance is expected to rise significantly.
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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 profit generation 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 should trade from a short-term investment perspective.)
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
You need to see if you get support at the downtrend line (9).
Also, we have to see if we can climb above the 413.65 point.
Around October 30, there may be a movement touching the uptrend line (5).
To avoid this, we have to see if we can climb above the 429.24 point.
As ETH Dominance explains, we will see if there is a move to gain power.
If it falls at the uptrend line (5), it is a short-term Stop Loss.
(1W Chart)-Full Chart
Below the 302.70 point, the lows are identified.
Point 565.54 is the fierce volume profile point towards the high point.
Therefore, I think it takes tremendous force to climb in the 390.0-565.54 range.
It remains to be seen if we can gain the power from Ethereum articles that are being released continuously.
-------------------------------------------------- ----
(ETH Dominance 1D Chart)
If I maintain the dominance above 11.70, I think it is possible to increase further.
So, you need to make sure you can get support at 11.70.
I think the 11.70 point is a good place to create a new wave.
If sideways take place at this point, ETH dominance is expected to rise significantly.
-------------------------------------------------- -------------------------------------------
** 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 profit generation 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 should trade from a short-term investment perspective.)
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
In addition, it remains to be seen if it can break above the short-term uptrend line.