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Ethereum Classic (ETC) – April 11 for HITBTC:ETCUSD by readCrypto

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The volatility around April 12th (April 11th-13th) will have to see if there is any movement that deviates from the 16.5310793-22.9095781 range.

In particular, we have to see if we can get support in the 19.7203287-20.7834118 range.

You should watch for movement to touch the critical point, point 26.2054400.

If you decline at 16.3195170, you need a short stop loss.

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(ETCBTC 1W chart)

(1D chart)

We have to see if we can get support and climb in the 3070 Satoshi-3541 Satoshi section.
If it is supported by the 3070 Satoshi branch, it is expected to continue the upward trend.

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** All indicators are lagging indicators.

So, it’s important to be aware that the indicator moves accordingly with the movement of price and volume .

Just for the sake of convenience, we are talking upside down for interpretation of the indicators.

** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.

Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)

** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)

** 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 profit generation 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 transactions. It is a short-term investment perspective.

GAP refers to the difference in prices that occurred when the stock market, CME , and BAKKT exchanges were closed because they do not trade 24 hours a day.

G1: Closing price when closed

G2: Cigar at the time of opening

(Example) Gap (G1-G2)

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