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readCrypto
Dec 4, 2022 10:24 PM

Whether it can rise above 1340.12 is the key 

Ethereum / TetherUSBinance

Description

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(ETHBTC 1W Chart)

The question is whether it can rise to around 0.080311.

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(ETHUSDT 1W chart)

It will be a question of whether the price can sustain the rise above 1340.12.

Therefore, you should check if you can break out of the downtrend line.


(1D chart)
By rising above 1274.63, we need to see if we can show an uptrend above the uptrend line.

As we are currently in a period of volatility (Dec 5-7), we need to be cautious in our trades as we may see some swinging movements up and down.


Since the price is maintained above the HA-Low line and above the MS-Signal indicator, which is a condition for turning into an uptrend, it is expected that the possibility of showing an uptrend will increase if the volatility period passes as it is.


If it declines, it is important to find support above 1198.26.

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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.

** HA SRRC 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.)

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