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Ethereum (ETH) - April 16

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

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It is falling on the uptrend line (2).
It should rise quickly above the 153.72 point.

You should also see if you can climb near the 163.50 point around April 22nd.

If it goes down, it should be supported by the long-term uptrend line (1) and 138.94.

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It's time to focus on selling rather than buying to preserve profits.

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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

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[Example of exchange chart setup]

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

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www.tradingview.com/x/DF6cGh3G/
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