The key is whether it can rise to around 1629.55

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(ETHUSDT chart)


(1M charts)

It appears that the StochRSI indicator has entered the oversold zone.

Accordingly, when breaking out of the oversold zone, it is necessary to check at which point or section there is support or resistance.


With the RSI indicator hovering around 50, little change in the trend is expected at the moment.

Therefore, a change in trend is expected when trying to break out of the 1321.45-1941.9 range.


(1W chart)

The key is whether the price can be maintained above the downward trend line and rise above 1982.28.

If not, and you want to go below the downtrend line, you should check if it is supported around 1006.32-1783.00.

If it falls below this range, it is expected to take a long time to recover, so it can be said to be a very important support range.

Therefore, if the decline continues, we need to check whether trading volume increases significantly.


(1D chart)

You can see that it is currently located near the middle of the entire chart.


Accordingly, the key is whether it can quickly rise above 1629.55.

If not,
1st: 1519.34
2nd: 1128.53-1242.36
You need to check if you receive support near the first and second levels above.

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

** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA

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

** This chart was created using my know-how.

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