** 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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Comment
#ETHUSDT 1W The HA-High indicator appears to be forming at the 2052.14 point.
Accordingly, it is necessary to check whether the HA-High indicator is generated at point 2052.14.
When it is created at the 2052.14 point, the important thing is whether it can be supported and rise.
As a result, I believe that ETH is highly likely to continue its upward trend sequentially, unlike BTC.
ETH is expected to rise at the BTC halving next year.
Comment
In order for a major bull market in the coin market to begin, it is expected that BTC dominance will rise above 61 and then begin to fall.
Accordingly, we would like to inform you in advance that it is difficult to say that the coin market has begun a major bull market just because BTC dominance is falling due to the current price rise of ETH.
#ETHUSDT I believe ETH maintains an independent ecosystem that acts as a bridge between BTC and altcoins.
Therefore, the volatility of ETH can be said to have a short-term impact on the coin market.
If BTC continues to rise in sideways movements after the price rise of ETH, the coin market will maintain an upward trend.
Otherwise, if BTC fails to move sideways and shows a decline while the price of ETH is rising, the coin market will eventually show a downward trend.
I believe that whether this downtrend will be the start of a true downtrend or whether it will create a price adjustment and pullback pattern in the market will be determined by whether or not BTC is supported in the support zone.
A period of volatility for ETH is expected to occur around December 24 (December 23-25).
Accordingly, the key is which direction the price can deviate from the 2159.0-2419.83 range and maintain the price.
(BTCUSDT 1D) BTC's volatility period is expected to last until around December 15 (December 24-26).
As this period of volatility passes, it is necessary to check in which direction the price can deviate from the 39845.44-45135.66 range.
Comment
#ETHUSDT In order to continue the upward trend, it must eventually rise above the 2419.83-2531.05 range.
If not, you need to check whether there are sideways movements in the 2159.0-2531.05 section.
If support is confirmed at the 2355.0 point, it is expected to lead to an attempt to rise above the 2419.83-2531.05 range.
If not, you should check for support around 2315.51.
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