The key is whether it can rise above 2.28

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Because the chart has not been created for long, the role of support and resistance points may be weak, so be careful when trading.

(Grayscale Ethereum Mini Trust 1D chart)

The HA-Low indicator on the 1D chart was created at the 2.28 point.

Therefore, the key is whether it can receive support near the gap (2.09-2.18) section on the 1D chart and rise above the HA-Low indicator on the 1D chart.

If it is supported near the HA-Low indicator on the 1D chart, we need to see if it can break through the gap (2.59-2.83) on the 1W chart.

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Have a good time.
Thank you.

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(ETHUSDT 1D Renko chart)


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(ETHUSDT 1D chart)

The key is whether it can support near 2.359.35 and maintain the price above the M-Signal indicator on the 1W chart.

Based on the current price position, the most important thing is whether it can maintain the price by rising above the M-Signal indicator on the 1M chart.

Because I think that is the most likely way to turn into an uptrend.

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