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If it falls, you need to make sure you get support at 371.0.
If it falls at 371.0, it is a short-term stop loss.
It remains to be seen if it can rise above the uptrend line (5).
I think that the rise above 371.0 points has boosted expectations for the rise.
However, I think we can expect further price increases only if we gain support by rising above the 390.0 point, which is an important point.
Therefore, I think new entry should be cautious.
You need to see if you can move above the 385.68 point around October 13th (October 12-14), or if you're falling near the downtrend line (8).
You must check if the additional volume increases.
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(ETH Dominance 1D Chart)
Due to volatility around October 9th (October 8-10), it deviates from the downtrend line and is supported by the uptrend line (2) and is rising.
If it is located above 10.99, the movement to create a new wave is expected to continue.
I think it's good to get support at the 11.70 point or higher to give you a clearer look.
So, if it falls below the 11.70 point, it is a short-term Stop Loss.
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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.)
Hello, traders.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
If it falls, you need to make sure you get support at 371.0.
If it falls at 371.0, it is a short-term stop loss.
It remains to be seen if it can rise above the uptrend line (5).
I think that the rise above 371.0 points has boosted expectations for the rise.
However, I think we can expect further price increases only if we gain support by rising above the 390.0 point, which is an important point.
Therefore, I think new entry should be cautious.
You need to see if you can move above the 385.68 point around October 13th (October 12-14), or if you're falling near the downtrend line (8).
You must check if the additional volume increases.
-------------------------------------------------- --------
(ETH Dominance 1D Chart)
If it is located above 10.99, the movement to create a new wave is expected to continue.
I think it's good to get support at the 11.70 point or higher to give you a clearer look.
So, if it falls below the 11.70 point, it is a short-term Stop Loss.
-------------------------------------------------- -------------------------------------------
** 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.)
Comment:
(Binance ETHUSDT 1D Chart)
[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/
