readCrypto

Ethereum (ETH) - May 1

BITFINEX:ETHUSD   Ethereum
Hello?
Dear Traders, Nice to meet you.

"Like" is a great power for me.
We will try to reciprocate with better information.
By "following" you can always get new information quickly.
Thank you for always supporting.

--------------------------------------

You have been above the 210.65 resistance point and are in your current position.

Again, we need to make sure we can reach the 210.65 point and get support.

If you fall on resistance at 210.65, you are likely to touch 192.50.

We need to make sure we can climb above the uptrend line (1), and see if we can touch the 275.21 point.

I don't think there is any time left for Bitcoin Halving to make a "Pull back" pattern and ascend because there is not much left.
Accordingly, we believe that careful trading is necessary.

----------------------------------------------

Now, I think it's time to think about how to respond to profits or losses in the future rather than to determine whether they are profitable or lost.

Bitcoin Halving has about 11 days left.

I think that all situations are putting pressure on the coin market, so the expectation of the rise has decreased a lot.

At the moment, I think it is more important to trade according to the flow of the chart than the words of any article or analyst.

I don't think the target point is important.

----------------------------------------

See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.

Description of abbreviations shown in chart
R: Resistance point or section, where a counter is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section

[Example of exchange chart setup]

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

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

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.