Ethereum (ETH) - November 16

Updated
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(ETHBTC 1W Chart)
snapshot
The question is whether it can hold the price above 0.072484 and move up along the uptrend line.

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(ETHUSDT 1D chart)
In order to turn into an uptrend, it must rise above the HA-Low indicator and above the MS-Signal indicator.

Therefore, it should be seen that the price is holding up by moving up to or above the 1274.63-1340.12 zone.


If you fail to rise,
1st support: 1128.53-1196.81
Secondary support: 924.52-995.13
You need to make sure you are supported by

If it falls below 924.52, it is highly likely to enter the mid- to long-term investment area with additional declines, so a countermeasure is needed.


Countermeasures for rises and countermeasures for declines should be considered when price movement has slowed down.

Otherwise, there is a high possibility of making an erroneous transaction due to price volatility.


As explained in the BTC chart, funds are flowing out of the coin market through USDT.

So, even if the price rises, it's likely short-term, so it's a good idea to see if you can preserve P&L.

Because if the outflow of money continues, it will plunge at any moment.

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

** If you share this chart, you can use the indicators normally.

** The MRHAB-T indicator includes indicators that indicate points of support and resistance.

** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).

(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)

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Comment
(ETCBTC 1W chart)
snapshot
In order to gain strength, it must rise in the 0.001345-0.001816 range.

(ETCUSDT 1W chart)
snapshot
The key question is whether the price can hold above 17.26 and rise above 36.26.
Beyond Technical AnalysisETHETHBTCEthereum (Cryptocurrency)ETHUSDETHUSDTTechnical IndicatorsTrend Analysis

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