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Ethereum (ETH) - October 19

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BITFINEX:ETHUSD   Ethereum
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We have to see if we can get support and climb at 371.0.

If it falls from 371.0, it is a short-term stop loss.

In order to turn the trend, it must rise above 385.68 points.

We'll have to see if we can break strong above the critical point of 390.0 and break off the downtrend line (9).

If the Volume doesn't increase, it will eventually fall.
So, you should watch the Volume increase.

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(ETH Dominance 1D Chart)
It remains to be seen if it can continue to rise along the uptrend line (2).

If it rises as it is, I think there is a high possibility that volatility will occur around November 1st (October 31-November 2).

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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.)
Bình luận:
(ETHUSD 1D chart)
You need to make sure you can get support at the critical point, the 390.0 point.
It remains to be seen if it can break above the downtrend line (9).
We need to see if it can come out like flow A on the Volume indicator.

[Example of exchange chart setup]

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

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