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Touching the HA-High indicator on the 1W chart is

BINANCE:ETHUSDT   Ethereum / TetherUS
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(ETHBTC 1W Chart)
As BTC rises significantly, ETH dominance is showing a decline.

I think it needs to rise above 0.079552 to explode the rising power of ETH.

Therefore, I think it is exhausting the power of the rise by following the current rise of BTC.

Therefore, when BTC starts to move sideways, we need to see if it rises again.

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(ETHUSDT 1W chart)
The story that the HA-High indicator mentioned in the BTC idea chart should touch and rise means that it should come out like the chart of ETH.

There has never been a time when the uptrend has not been shown like this.

Therefore, I think that the BTC chart will definitely come out similar to the ETH chart.


Therefore, if the price is maintained above the HA-High indicator on the ETH chart until next week's candlestick, it can be interpreted that it is highly likely to continue the mid- to long-term upward trend.


If the above is true, the next thing to look at is to see if the price can sustain by rising above the MS-Signal indicator on the 1M chart.



(1D chart)
Based on what I said on the 1W chart, you can see that it is important to get support and rise in the 1572.69-1879.61 area.

So, if it rises above 1879.61, it is likely to surge and touch the area around 2531.05-2871.13.


However, as I said in the ETHBTC chart description, if the ETHBTC chart does not rise again, I don't think it will be able to continue the upward trend on the ETHUSDT chart.

When that happens, you need to see if you can keep the price above the M-Signal indicator on the 1M chart.

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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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[Example of exchange chart setup]

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

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