readCrypto

The key is whether the price can sustain the rise above 1879.61

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BINANCE:ETHUSDT   Ethereum / TetherUS
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(ETHBTC 1W Chart)
The question is whether the price can sustain the move above 0.072484.

To do so, we need to see if it can rise above 0.067660.

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(ETHUSDT chart)

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(1W chart)
The key is whether the price can be maintained above the M-Signal indicator on the 1M chart.


(1D chart)
The question is whether it can rise above 1879.61.

If price holds above 1879.61, I would expect a move towards 2531.05.

However, there is a possibility of resistance around 2196.53, so you need to think about countermeasures against this.


If it fails to rise, you should check for support around 1340.12-1460.54.


The 1M chart's M-Signal, or MS-Signal indicator, is an indicator created to see trends.

Therefore, holding the price above the MS-Signal indicator indicates a strong uptrend.


The HA-Low and HA-High indicators are created for trading.

Therefore, being supported by the HA-Low and HA-High indicators means that buying is possible.

A decline from the HA-Low indicator can be interpreted as a possibility of renewing the recent low.

Being supported by the HA-High indicator can be interpreted as a possibility of renewing the recent high.

If you are resisted by the HA-High indicator and fall, there is a possibility of touching the HA-Low indicator, so you need to think about countermeasures.


The 1879.61 point is the previous HA-High indicator point on the 1M chart.

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

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

** This is a chart created with my know-how.

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Comentarios:
(ETHUSDT 1W chart)
The key is whether it can be supported and rise near the M-Signal indicator on the 1M chart.

[Example of exchange chart setup]

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

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