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Ethereum (ETH) - March 30

BITFINEX:ETHUSD   Ethereum
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We have to see if we can keep the price above the downtrend line.
You also need to see if you can go up along the uptrend line (5).

If it falls, you need to make sure you get support at 1757.79.

If you go down from 1518.38, you can touch 1278.98, so you need a Stop Loss to preserve profit or loss.
However, you can touch the 1424.40 point and climb, so you need to trade carefully.

It remains to be seen whether the CCI line can break above 100 points and the EMA line on the CCI-RC indicator.

The next volatility period is around April 8.

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(ETHBTC 1D chart)
We have to see if we can get support at 0.031076 and ascend above 0.032373.
If it is supported at 0.031076, it is expected to turn to an uptrend.

If the CCI line attempts to break above the zero point in the CCI-RC indicator, volatility may occur, so careful trading is necessary.

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(ETH Dominance (ETH.D) 1D chart)
It remains to be seen if there is any movement deviating from the 10.95-12.05 zone due to volatility around April 2nd.
In particular, it remains to be seen if it can rise along the uptrend line.

If the ETH dominance rises, I think there is a high possibility that the ETH price will rise.

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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** 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 transactions. It is a short-term investment perspective.

GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)

[Example of exchange chart setup]

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

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