Ethereum (ETH) - September 7

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(ETHUSDT 1W Chart)
The key is whether it can move up near 1741.38 and break out of the bearish channel.

To do that, we need to make sure that we keep the price above 1340.12.



(1D chart)
1st resistance: 1741.38-1879.61
2nd resistance: 2285.94-2558.23

1st support: 1542.32-1622.46
2nd support: 1340.12

The key is whether it can move above 1622.46 to break out of the short- and medium-term bearish channel.

If you can't get out of the bearish channel, you need to be careful as it could move towards the 1340.12 area.


For a full-fledged uptrend to continue, it must rise above 1879.61.

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As I said in the LINK Coin article, I feel like it will rise further as it gets closer to the resistance section.

In order to suppress this psychological state as much as possible, you need a trading strategy that allows you to buy when supported in the support zone.

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

** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.

** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.

** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)

(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.)

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