Whether it can rise above 1870.09 is the key

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** The formula of the RSI indicator that composes the chart indicator has been changed.
** Therefore, support and resistance points are marked differently from previous charts.
** It is recommended that those who use this chart start by sharing the ideas published today.
(Reason for change: Changed the formula to be compatible with the index value of the exchange chart.)


(ETHUSDT chart)
Looking at the big picture, the question is whether it can rise above 1870.09-1933.53.

(1D chart)
The question is whether it can rise above 1857.66-1889.58.

If not, you should check for support around 1777.05 or the HA-Low indicator on the newly created 1D chart.


This is a period of volatility until August 11th.

So, after a period of volatility, we need to see if it can rise around 1870.09.


The StochRSI indicator is looking to enter the overbought zone, so if it fails to hold the price close to 1870.09, I would expect a bearish trend.

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(ETHKRW chart)
The key is whether it can be supported around 2431000 and rise above 2510000.

If it drops below 24231000, you should check for support around 2208000.

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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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