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Ethanalisys

ETH/USDT chart update, ETH/USDT chart update, Ethereum price shows promising upward movement within a broad descending channel. The price recently tested and bounced off the strong support area around $2,340, indicating buyer strength. ETH has moved above the moving averages, which could signal a potential trend change if this move continues. The chart suggests a potential upward trajectory, targeting levels around $3,800 to $4,000 if ETH can maintain momentum. If ETH continues on this path, it could experience some consolidation or pullbacks along the way, especially near resistance levels. However, this setup indicates bullishness for the medium to long-term outlook. Let me know if you need further analysis on specific indicators or patterns here! Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed. You can DM us for information on any other coin. @Peter_CSAdmin
Long
by CryptoSanders9563
#ETH/USDT 4HOUR UPDATE !Hello, dear traders welcome you to this ETH/USDT 4Hr chart analysis. Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. ETH/USDT ANALYSIS:- ETH currently holding the green support zone well for the last few days, ETH needs to close above the price level of $1.9k otherwise it will change the market sentiment in the lower time frame. candle close below the green support zone will lead ETH down towards the price level of $1.4k. At this market condition, we should wait and avoid long trades otherwise it can be harmful to your assets. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
by CryptoSanders9563
ETH - speculation to go Long on 2D!Provided that today's candle on 2D closes as a pin bar + RSI & RVI bounce off their support lines, then it it plausible to expect the price to follow its path as presented on my chart. This is an potential price action for local correction that may take up to couple of days to complete. The green rectangle represents a good entry point to go SHORT. If price action begins to follow the path then two TP may be available for grabs: 1) TP1 at 4390 USD - first level of correction. 2) TP2 at 4570 USD - this is where we have a 61.8% correction on Fib, descending resistance line in purple colour, as well as resistence level based on horizontal volume.
Long
by WallStreetFox