Ethereum (ETH) – October 2
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It has touched the 371.0 point and is falling.
You need to see if you can get support at the downtrend line (7) and the uptrend line (4).
You’ll also have to see if you can climb above 350.63 points.
If it doesn’t fall below the 302.70 point, I think it’s likely to rise.
When it starts to go up, it’s time to see if it can break through the downtrend line (9).
(ETH Dominance 1D Chart)
You need to make sure you can get support at 11.70.
You also need to see if you can move up along the uptrend line (2).
It fell after touching the important section 13.27-14.26.
We have to see if we can ascend from 11.70 to 13.27-14.26.
Unless it falls below the 10.99 point, the move to create a new wave is expected to continue.
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)