readCrypto

The key is whether it can rise above 2419.83

BINANCE:ETHUSDT   Ethereum / TetherUS
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(ETHUSDT chart)
I believe that ETH is leading the market while BTC's movement has slowed.

The uptrend led by ETH is short-lived.

Therefore, it is important whether BTC can take the lead again and continue its movement in the future.


(1W chart)
If the price maintains by rising above 2419.83, I think there is a high possibility that it will lead to a sharp upward trend around 3119.67.


(1D chart)

Accordingly, the key is whether it can receive support in the 2325.60-2419.83 section and rise to the 2544.99-2686.94 section.

If that happens, it is expected that a rapid upward trend will begin by breaking through 2686.94.


The next period of volatility is expected to be around December 24th.

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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.

This is the section expected to be touched in the next bull market, 81K-95K.

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** All explanations are for reference only and do not guarantee profit or loss in investment.

** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA

** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.

** This chart was created using my know-how.

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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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