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We need to make sure we can get support at point 566.92.
Also, we need to see if it can quickly rise above the uptrend line (2).
It remains to be seen if there is any movement outside the 566.92-628.19 range due to volatility around December 4th.
If you fall from 566.92 point, you can touch 510.30 point, so it is a short stop loss.
If it is supported at the 510.30 point, it is a point where it is possible to enter and a point where Stop Loss is required to preserve profit and loss.
If it rises above the 628.19 point, an additional gain is expected to touch the uptrend line (3).
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
We need to make sure we can get support at point 566.92.
Also, we need to see if it can quickly rise above the uptrend line (2).
It remains to be seen if there is any movement outside the 566.92-628.19 range due to volatility around December 4th.
If you fall from 566.92 point, you can touch 510.30 point, so it is a short stop loss.
If it is supported at the 510.30 point, it is a point where it is possible to enter and a point where Stop Loss is required to preserve profit and loss.
If it rises above the 628.19 point, an additional gain is expected to touch the uptrend line (3).
-------------------------------------------------- -------------------------------------------
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
Comentarios:
(ETHUSD 1D chart)
You need to make sure you get support at the uptrend line (2).
If it goes down, we need to make sure it gets support at 566.92.
It remains to be seen if it can rise around December 9th (December 8-10) along the uptrend line (4).
If it goes down, we need to make sure it gets support at 566.92.
It remains to be seen if it can rise around December 9th (December 8-10) along the uptrend line (4).
[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/
We need to see if we can get support at the uptrend line (2) and move above the 628.19 point.
Expectations for a rise appear to be increasing.