Beginning of critical volatility period

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(ETHUSDT 1W chart)

If the price holds above 1611.62, I would expect it to rise above the M-Signal on the 1M chart.

There are no major support and resistance zones above it, which could lead to a sharp uptrend.


(1D chart)
We expect the start of a long period of volatility starting around February 27th.

In this volatility period, it is important to be able to receive support and rise in the 1572.69-1879.61 section.

A rise above 1879.61 is likely to lead to a sharp rise, and the target range is 2531.05-2871.13.


If the price remains below 1572.69 after March 13th, further declines are likely.

At this time, you need to make sure that there is support around 1340.12.

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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.

** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (www.tradingview.com/...shi-MS-Signal-HA-MS/).

(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.)

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Comment:

(ETHUSD chart)

Short-term perspective: stationary
Medium-term perspective: weak uptrend
Long-term view: weak downtrend


(1M chart)

You need to check whether the green width of the OBV of the 'Vol & Trend' indicator turns into a red width, that is, from buying to selling.

At this time, the key is whether it is supported around 1573.20.

No matter how much the buying force is converted to the selling force, if it is supported around 1573.20, I think it is highly likely to switch from the selling force to the selling force again.


(1W chart)

The StochRSI of the 'Strength' indicator has broken out of the overbought zone.

So, it will be a matter of whether this week's candlestick closes above 1615.37.


(1D chart)

During the volatility period around March 13, we need to see if there is a move out of 1573.20 or 1778.52-1881.41.

Comment:

(ETHUSDT chart)

During the volatility period that started around February 27th, the key question is whether it can show a sharp rise by rising above 1879.61.

If not, it could lead to a sharp drop below 1572.69.

At this time, you need to make sure that there is support around 1340.12.


The first big move of this volatility period is expected around March 13th.

Comment:

(ETHUSDT chart)

It looks like it will decline as it falls below 1572.69.

However, as the sell-off is showing signs of declining, it is important to see if it can rise to around 1777.05 with a sharp move.

If the volatility around March 12 does not show an upward trend,
1st: around 1460.54
2nd: Around 1340.12
You need to make sure that it is supported in the vicinity of the 1st and 2nd order.

If it rises above 1777.05-1879.61, it is expected to surge.