Need to see support near 1.343 for short-term trend reversal
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(ETHUSDT chart)
Looking at the 1W chart,
Based on the 1862.0 point, we can see that a trend reversal is likely to occur.
The question is whether it can get out of the sideways section formed below 1862.0.
Since the HA-High indicator of the 1W chart is formed at the 1879.61 point, if it shows support near the 1879.61-1862.0 section, it is expected to show a sharp upward trend.
this rapid rise
1st: 2196.53
2nd : 2531.02-2871.13
Split selling is possible around the 1st and 2nd above.
Similar to the BTC chart, the HA-High indicator on the 1M chart is formed at a high price (3321.30), so it is not yet time to make full-fledged purchases from a long-term perspective.
When it rises to the vicinity of the HA-High indicator on the 1M chart or when the HA-High indicator is newly created, you can proceed with the purchase from a long-term perspective when supported by that area.
To do so, you can get a bigger profit by buying a lot now, but you can say whether you have to wait for it to rise to the vicinity of the HA-High indicator on the 1M chart or to be newly created.
The most important thing in investing and trading is that it is determined by whether you can keep your psychological state stable.
The full-fledged buying from a long-term perspective that I am talking about means that there is a high possibility that a full-fledged bull market will start from then.
Therefore, I am saying this because there is a high possibility that the price will show an upward trend after the purchase, so you will feel less psychological anxiety caused by price fluctuations.
The current price corresponds to the lower price range.
Therefore, if you buy with a large proportion of your current investment, you will definitely get a big profit.
However, if you can't overcome the anxiety and pressure of your psychological state, you will eventually be able to hold on to the end.
-------------------------------------------------- -------------------------------------------
** 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.
---------------------------------
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(ETHUSDT chart)
Looking at the 1W chart,
Based on the 1862.0 point, we can see that a trend reversal is likely to occur.
The question is whether it can get out of the sideways section formed below 1862.0.
Since the HA-High indicator of the 1W chart is formed at the 1879.61 point, if it shows support near the 1879.61-1862.0 section, it is expected to show a sharp upward trend.
this rapid rise
1st: 2196.53
2nd : 2531.02-2871.13
Split selling is possible around the 1st and 2nd above.
Similar to the BTC chart, the HA-High indicator on the 1M chart is formed at a high price (3321.30), so it is not yet time to make full-fledged purchases from a long-term perspective.
When it rises to the vicinity of the HA-High indicator on the 1M chart or when the HA-High indicator is newly created, you can proceed with the purchase from a long-term perspective when supported by that area.
To do so, you can get a bigger profit by buying a lot now, but you can say whether you have to wait for it to rise to the vicinity of the HA-High indicator on the 1M chart or to be newly created.
The most important thing in investing and trading is that it is determined by whether you can keep your psychological state stable.
The full-fledged buying from a long-term perspective that I am talking about means that there is a high possibility that a full-fledged bull market will start from then.
Therefore, I am saying this because there is a high possibility that the price will show an upward trend after the purchase, so you will feel less psychological anxiety caused by price fluctuations.
The current price corresponds to the lower price range.
Therefore, if you buy with a large proportion of your current investment, you will definitely get a big profit.
However, if you can't overcome the anxiety and pressure of your psychological state, you will eventually be able to hold on to the end.
-------------------------------------------------- -------------------------------------------
** 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.
---------------------------------
[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/
If it does not break below the downtrend line, I would expect an uptrend near 2531.05.
If it declines, you should check for support near 1572.69.
Looking at the 1W chart,
It rose above 1862.0.
Therefore, if it finds support around 1862.0, it is expected to break the previous high.
The previous high is at 2141.54.
Looking at the 1D chart,
It is holding the price above the critical range of 1572.69-1879.61.
Accordingly, if it does not fall below 1790.20-1879.61, it is expected to rise around 1995.50-2074.0.
If the strength of the uptrend is strong, I would expect it to hold the price above 2196.53.