Important period of volatility : around August 13 (August 12-14)

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(ETHUSDT chart)
The trend has been changed by price volatility.

Accordingly, the next period of volatility is around August 13th.

The period of volatility that began around August 13th is likely to continue until around September 24th.

At this time, depending on whether ETH leads the coin market, the meaning of this volatility is expected to change.


What matters in this volatility period is whether it can break above the long-term downtrend line by moving higher above 1862.00.


Currently, ETH is showing signs of touching important indicators as it falls to the 1790.20-1862.0 zone.

Therefore, the important question is whether it can receive support and rise in the 1790.20-1862.0 section while passing through the volatility period around August 13th.


In the end, it is expected that the mid- to long-term trend will be determined by whether it is supported or resisted in the 1572.69-1879.61 section, which has been said to be an important support and resistance section.

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** All descriptions are for reference only and do not guarantee profit or loss in investment.

** Even if you know other people's know-how, it takes a considerable period of time to make it your own.

** This is a chart created with my know-how.

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