An important point in the new year's chart is...
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(ETHBTC 1M Chart)
When StochRSI falls from the overbought zone as a new candlestick is created, it is important to keep the price close to 0.072484.
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(ETHUSDT 12M Chart)
If you compare the log chart or general chart, there doesn't seem to be a big difference like the BTC chart.
The key is whether the price can be maintained above the volume profile section formed around 736.42.
(1M chart)
As it failed to rise above 1572.69, it appears to be breaking out of the long-term uptrend line.
Accordingly, attention is paid to whether it will touch the vicinity of 577.81-736.42.
Since StochRSI is showing a decline again without getting out of the oversold zone, it is judged that there is a possibility of a bigger decline if it falls this time.
(1W chart)
From a mid- to long-term perspective, the price needs to rise above 1340.12 to keep the price moving upwards.
In that sense, we need to see if it can rise above 1340.12 in the upcoming volatility week.
If not, you should check for support around 993.88-1049.
(1D chart)
The key is whether it can rise with support around 1168.36-1198.26.
At this time, the important thing is whether the price can be maintained by rising above MS-Signal.
We looked at 12M charts to 1D charts.
We can see that the price needs to stay above 736.42 to continue the new trend, i.e. the long term uptrend.
Therefore, I believe that every trading strategy should be created with this in mind.
You can also see that the price needs to hold at 1572.69-1879.61 to turn into a long-term uptrend.
Therefore, until then, a trading strategy is needed to increase the number of coins corresponding to profit by trading in a short-term response.
From a mid- to long-term perspective, it is expected that it will turn into an upward trend only when it rises above 1340.12.
Therefore, it is important to see if the volatility around January 9 can break above the 1340.12 and break out of the downtrend line.
If not, you should move sideways at the current price level and see if you can break out of the downtrend line.
From a short-term perspective, the key is whether it can be supported at the current position, namely 1198.26.
From a trading point of view, if it is confirmed that it is supported around 1198.26, it is possible to buy it.
In fact, it is not easy to buy from the current chart flow because it must rise above MS-Signal in order to earn profit from this purchase.
Therefore, it looks good to see if the MS-Signal naturally moves closer to 1198.26 by moving sideways around 1198.26 and then rising.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(ETHBTC 1M Chart)
----------------------------------------
(ETHUSDT 12M Chart)
The key is whether the price can be maintained above the volume profile section formed around 736.42.
(1M chart)
Accordingly, attention is paid to whether it will touch the vicinity of 577.81-736.42.
Since StochRSI is showing a decline again without getting out of the oversold zone, it is judged that there is a possibility of a bigger decline if it falls this time.
(1W chart)
In that sense, we need to see if it can rise above 1340.12 in the upcoming volatility week.
If not, you should check for support around 993.88-1049.
(1D chart)
At this time, the important thing is whether the price can be maintained by rising above MS-Signal.
We looked at 12M charts to 1D charts.
We can see that the price needs to stay above 736.42 to continue the new trend, i.e. the long term uptrend.
Therefore, I believe that every trading strategy should be created with this in mind.
You can also see that the price needs to hold at 1572.69-1879.61 to turn into a long-term uptrend.
Therefore, until then, a trading strategy is needed to increase the number of coins corresponding to profit by trading in a short-term response.
From a mid- to long-term perspective, it is expected that it will turn into an upward trend only when it rises above 1340.12.
Therefore, it is important to see if the volatility around January 9 can break above the 1340.12 and break out of the downtrend line.
If not, you should move sideways at the current price level and see if you can break out of the downtrend line.
From a short-term perspective, the key is whether it can be supported at the current position, namely 1198.26.
From a trading point of view, if it is confirmed that it is supported around 1198.26, it is possible to buy it.
In fact, it is not easy to buy from the current chart flow because it must rise above MS-Signal in order to earn profit from this purchase.
Therefore, it looks good to see if the MS-Signal naturally moves closer to 1198.26 by moving sideways around 1198.26 and then rising.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
[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/
