readCrypto

1790.20-1883.90 The key is whether or not you can be supported.

BINANCE:ETHUSDT   Ethereum / TetherUS
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** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.

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(ETHBTC 1W Chart)
Looking at the big picture, it forms a large box range from 0.048765-0.053586 to 0.072484-0.079552.

Therefore, the key is whether movement outside this range can be produced.

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(ETHUSDT chart)

(1W chart)
The HA-High indicator on the 1W chart is about to form at 1790.20.

Therefore, if the HA-High indicator is created at 1790.20 and it is confirmed to be supported near that point, it is expected to rise around 2419.83.

If not, it falls
1st: 1611.62
2nd: 1338.65
You need to make sure it is supported in the vicinity of the 1st and 2nd above.



(1D chart)
During the volatility period between April 28th and 30th, we need to see if there is a move out of the 1883.90-2075.10 area.

Accordingly, if it shows support around 1883.90, a short buy is possible.

The primary target for this short buy is around 2075.10.

In this way, the HA-Low and HA-High indicators act as paired indicators.


If the HA-High indicator on the 1W chart is created at 1790.20, if it is supported around 1790.20-1883.90, it is expected to continue its upward trend in the short and medium to long term.

However, it is expected that it will lead to an additional rise only when it rises above the 2075.10-2196.53 section, so a selling strategy is needed for this.


Similar to BTC's 1M chart, the HA-High indicator is located at a fairly high point.

Therefore, it is expected that a long-term uptrend will begin only when the price is maintained by rising above the HA-High indicator.

Therefore, from a long-term perspective, it should be seen that we are currently at a point of up and down swing.


ETH is a coin that belongs to the high price range.

Therefore, when trading a coin (token) that maintains a high price range, you need to have enough room to check the flow.

Otherwise, if you trade frequently, you may need more funds and reduce the amount you hold.

Therefore, I think that the selling strategy I recommend is to sell some of them to obtain cash profits by selling at least 30% of the profit per purchase unit price, or to increase the number of coins corresponding to the profit by selling the amount of the purchase amount.

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** All descriptions are for reference only and do not guarantee profit or loss in investment.

** Even if you know other people's know-how, it takes a considerable period of time to make it your own.

** This is a chart created with my know-how.

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