ETHUSD today analysis, 190923. Rebound after fall to around $190
Hello my friends. It's Crypto Ranger K.
First of all, fortunately, for the last few days, I think the price is flowing as I expected.
One thing that bothers me is that today's candle bottom is higher than yesterday's candle bottom.
I think there are three reasons for the weakening of the decline.
First of all, I think it's far from the 5day line due to a sharp drop in prices over the past few days.
The second reason is that the intersection of the 200-day line and the 10-day line acts as a support, and finally, the current position is the place where the trading volume is concentrated.
In fact, when I saw this part yesterday morning, I thought about the possibility that the price would rise from this point.
I still think there is some possibility.
First of all, fortunately, for the last few days, I think the price is flowing as I expected.
One thing that bothers me is that today's candle bottom is higher than yesterday's candle bottom.
I think there are three reasons for the weakening of the decline.
First of all, I think it's far from the 5day line due to a sharp drop in prices over the past few days.
The second reason is that the intersection of the 200-day line and the 10-day line acts as a support, and finally, the current position is the place where the trading volume is concentrated.
In fact, when I saw this part yesterday morning, I thought about the possibility that the price would rise from this point.
I still think there is some possibility.
Comment:
Comment:
However, based on the 12hour chart, I think the MACD has just made a dead cross, and when the stochastic is still falling, it is unlikely.
Still, I expect ETH prices to fall to around $ 190. However, I think the price may be rebounding temporarily at this point, touching the 5day line and falling. If today's candle finishes breaking through the 10 & 200 day line intersection, I can rest assured.
Still, I expect ETH prices to fall to around $ 190. However, I think the price may be rebounding temporarily at this point, touching the 5day line and falling. If today's candle finishes breaking through the 10 & 200 day line intersection, I can rest assured.
Comment:
Comment:
Looking at the chart on a weekly basis, the rise in Ethereum seems to have just begun. (Of course, there is a possibility that the decline will continue as it is.) I consider the decline to be short-term and temporary, so I'm weighing in on the rebound after falling to around $ 190. If I approach it more conservatively, it's about $ 194. This drop is not as strong as I thought. So I feel more nervous. So I try to respond by watching more tomorrow and the day after tomorrow.
Today's analysis is up to here.
In Korea as well, there are no positive signals around the world.
In this situation, I hope my analysis will have a little positive effect on your trading.
Then I sincerely hope that you will continue to make big profits in the future.
Thank you.
Today's analysis is up to here.
In Korea as well, there are no positive signals around the world.
In this situation, I hope my analysis will have a little positive effect on your trading.
Then I sincerely hope that you will continue to make big profits in the future.
Thank you.
Comment:
Comment:
The price went down through the 5&200day lines directly. It looks good. The flowing is going its own way very well. Then, have a nice day everyone and let's make big profit.:)