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Ethereum (ETH) - April 13

BINANCE:ETHUSDT   Ethereum / TetherUS
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(ETHUSDT 1W Chart)
Support: 2531.05-2871.13



(1D chart)
1st support: around 2871.13
2nd support: around 2531.05

Primary resistance: 3281.51-3443.77
Secondary resistance 3582.10-3781.93

The 2871.13 point is the boundary of the bottom segment and it is important to keep the price above the 2871.13 point.

So, if you find resistance by falling below 2871.13, you need a short-term Stop Loss.

If it falls below 2531.05, a new trend is formed and a Stop Loss is required.


If it rises above 3781.93, it is expected to surge.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(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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[Example of exchange chart setup]

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

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