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(ETHUSDT 1W Chart)
The interval 924.52-1196.81 is the interval that determines the trend.
Therefore, you need to make sure that it is supported in the section 924.52-1196.81.
(1D chart)
The key is whether the price can be sustained above 1340.12.
Otherwise, it is expected to decline to the 924.52-1196.81 section.
If it falls from 924.52, there is a possibility of a rebound in the 714.29 section, but Stop Loss is necessary to preserve profit and loss.
It is important to keep the price above 1340.12 to break out of the medium-term downtrend.
The Stoch RSI indicator is entering the overbought zone.
Therefore, it is necessary to check where support and resistance are found when the overbought zone is broken.
If support is found near 1196.81, I would expect it to move above 1340.12.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(ETHUSDT 1W Chart)
Therefore, you need to make sure that it is supported in the section 924.52-1196.81.
(1D chart)
The key is whether the price can be sustained above 1340.12.
Otherwise, it is expected to decline to the 924.52-1196.81 section.
If it falls from 924.52, there is a possibility of a rebound in the 714.29 section, but Stop Loss is necessary to preserve profit and loss.
It is important to keep the price above 1340.12 to break out of the medium-term downtrend.
The Stoch RSI indicator is entering the overbought zone.
Therefore, it is necessary to check where support and resistance are found when the overbought zone is broken.
If support is found near 1196.81, I would expect it to move above 1340.12.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
[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/
