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Ethereum (ETH) -November 8

BITFINEX:ETHUSD   Ethereum
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It broke above the 429.24 point and fell after touching the 457.99 point.

You need to see if you can get support and move up at the uptrend line (11) and at 429.24.

We have to see if we can get support at 429.24 by November 12th.

It remains to be seen if volatility between around the 12th and around the 23rd of November could lead to a movement that deviates from the 390.0-502.66 range.

It remains to be seen if it can break above the uptrend line (6).

If it falls, you need to make sure you get support in the 277.96-385.68 range, and if the support breaks, you need to trade to preserve profit and loss.
I think it's time to think about the aspect of securing funds for next year.

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** 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 trading. You should trade from a short-term investment perspective.)

[Example of exchange chart setup]

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

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