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Significance of the 1572.69-1879.61 section

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BINANCE:ETHUSDT   Ethereum / TetherUS
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(ETHBTC 1W Chart)
If it rises above the 0.072484-0.079552 range, it is expected to dissipate its upward force.

To do so, it must show support by rising at least 0.074044.


The uptrend lines (1) and (2) are long-term uptrend lines, and I think that an upward break through these uptrend lines is a very meaningful event (?).

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(ETHUSDT 1W chart)
The HA-Low and HA-High indicators are converging, and they are supported and rising in this section.

The key is whether it can rise above 1611.62 and rise above the M-Signal on the 1M chart.



(1D chart)
The key is whether it can be supported and rise in the 1572.69-1879.61 section, which is an important support and resistance section.

If not, you need to make sure it has support around 1519.34, the point where the new HA-Low indicator is about to be created.


If the price holds above 1611.62, near the HA-Low indicator point (1609.43), it is expected that it will lead to an attempt to break above the M-Signal on the 1M chart.


If it breaks below 1519.34, you should check for support near 1340.12-1460.54.

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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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Comment:
(ETHUSDT chart)
The question is whether it can rise along the uptrend line (2) and maintain the price by moving up to or above the 1777.05-1879.61 zone.

The next period of volatility is around April 3rd.
Comment:
(ETHUSDT chart)
The question is whether the price can sustain its rise above 1879.61.


It needs to be confirmed that it can receive support around 1693.66 and rise above 1777.05.

If not,
1st: 1572.69-1611.62
2nd: 1460.54-1519.34
You need to make sure that it is supported in the vicinity of the 1st and 2nd order.

[Example of exchange chart setup]

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

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