readCrypto

In order to continue the mid- to long-term upward trend...

BINANCE:ETHUSDT   Ethereum / TetherUS
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(ETHBTC 1W Chart)
In case of BTC's decline, it is necessary to check whether ETH is defending the price.

The question is whether it can rise above 0.072484 on the ETHBTC chart.

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(ETHUSDT chart)
There is no HA-Low indicator created on the 1M chart yet.

It is important when the HA-Low indicator is generated.

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(ETHUSDT 1W chart)
The HA-Low and HA-High indicators are converged.

Therefore, if it is supported in this converged section, it is expected to continue its mid- to long-term upward trend.

HA-High Branch: 1460.54
HA-Low branch: 1340.12


(1D chart)
It is increasing its decline as it falls below 1572.69.

The question is whether it can rise above 1572.69 again with the volatility around March 12th.

If not, you should make sure you get support around 1340.12-1460.54.


Even if ETHUSDT price rises, if ETHBTC price defends or rises, ETH is likely to defend price when BTC moves sideways.

I think this price defense is actually a bad picture when you look at the big picture.

Therefore, it is important whether the movement of BTC dominance can maintain its uptrend.

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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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[Example of exchange chart setup]

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

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