ETH Trend AnalysisFirst of all, if we look at the weekly period and the head depth according to the formation, we encounter an average price of 660-750 dollars.
When we make detailed measurements in 4 hours period, I think its trying to reveal a harmonic model.
Assuming that B will be shorter than other patterns and d will be in sync with the descending trend, then the d leg will likely be at fib 1.13.
I think it will be around 700-800 dollars on average.
The past accumulation zone corresponding to the current price is in the $1400-700 range.
Assuming that it will accumulate in this region, prices will fluctuate in this range. Then if you ask why I don't think it will go up to 1400 but I think it will go down to 700 dollars; As I mentioned in my previous btc analysis, accepting that btc will fall into a price range of around 12k, this will put negative pressure on the others.
Note: This is not investment advice.
Ethanalysis
ETHERIUM BIG DUMP EXPECTEDTechnical Analysis Summary
ETH/USDT
TREND ANALYSIS
We have 2 Downtrend in red color (Internal and Long Term).
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White levels Levels are levels from my past ideas published or levels that were respected from the past.
IF THE LAST 1H SUPPORT BROKEN EXPECT BIG DUMP
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#ETH/USDT 1HOUR UPDATE !!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.
As we can see in the above-mentioned chart that ETH is currently trading inside the parallel channel and also following the lower mid-trend line as support.
Currently, ETH is moving upside and trading just below the upper trend line.
Now, if ETH breaks above, it can trade above and move upside towards the price level of $1300.
Rejection from this level will lead ETH again towards its lowest price, which can be $900.
MACD also printed a bullish cross-over.
Let’s see how ETH performs in the upcoming hours.
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.
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#ETH/USDT 4Hr UPDATE !Hello, dear traders welcome you to this ETH/USDT 4Hr chart analysis.
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Ethereum trades in a triangle pattern to create and buy the green zone and small stop loss.
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.
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#ETH/USDT 4Hr UPDATE !Hello, dear traders welcome you to this ETH/USDT 4Hr chart analysis.
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Ethereum is trading below the liquidity level in the support area.
The price is testing the light green zone and the 4hr time frame.
The decline occurred on a rise in volume and a correction when volume fell.
I expect the price to test the upper limit of the channel.
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.
#ETH/USDT 6Hr UPDATE BY CRYPTOSANDERS!!Hello, dear traders welcome to this ETH/USDT chart analysis.
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#ETH/USDT analysis:- As we can see in the above-mentioned chart that ETH is trading inside a parole Chanel and broke the mid dotted trend line support.
Now here I am expecting a drop till the lower trend line support this channel pattern.
A candle that closes below the lower trend line will change the market sentiment.
Remember:- This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade.
Thank you for your time, we hope that our work is good for you, and you are satisfied, we wish you a good day and big profits.
Thanks.
#ETH/USDT WEEKLY UPDATE !!Hello dear traders welcome to this ETH/USDT weekly chart analysis.
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#ETH/USDT analysis
As we can see from the chart above, the ETH/USDT weekly candle closed at a price level of $1813.
After the weekly close, ETH pumped out around 7.77% of the closing price.
Here we can also see that ETH is printing a bullish divergence and a good amount of bars, so here we can expect the next weekly close above 0f $2025.
Candle below the current weekly close would invalidate this chart
Remember:- This is not a financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade.
Thank you for your time, we hope that our work is good for you, and you are satisfied, we wish you a good day and big profits.
Thanks.
#ETH/USDT 4HOUR UPDATE !Hello, dear traders welcome you to this ETH/USDT 4Hr chart analysis.
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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.
#ETH/USDT 4Hr UPDATE !Hello, dear traders welcome you to this ETH/USDT 4Hr chart analysis.
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Ethereum is trading below the support area.
eth/usdt is testing the 4-hour time frame.
The amount of decline increased.
I expect the price to test the upper boundary of the channel.
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.
#ETH/USDT LONG UOPDATE !!Hello, dear traders welcome you to this ETH/USDT 4Hr chart analysis.
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#ETH/USDT LONG TRADE SETUP
ENTRY:-$1888,$1945
TARGET:-40%
STOPLOSS:-$1800
Ethereum is trading below the liquidity level in the support area.
The price is testing the light green zone and the 4hr time frame.
The decline occurred on a rise in volume and a correction when volume fell.
I expect the price to test the upper limit of the channel.
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.
#ETH/USDT 2DAY UPDATE BY CRYPTOSANDERS !Hello, members and welcome to this ETH/USDT quick chart analysis.
As I mentioned in my previous chart that is Nothing much change to see at this daily time frame ETH is still trading above the support zone which is $1958 and the support zone is $1800 and the 1st resistance label is $2470
This is not a piece of financial advice.
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#ETH/USDT DAILY UPDATE !!Hello members and welcome to this ETH/USDT Quick Chart Analysis.
Nothing much has changed yet in this daily time frame.
As we can see ash the above-mentioned chart that ETH/USDT still trading still inside and at a lower trend line in support of descending channel pattern.
Here, we can see ETH bounced right from the lower trend line support and FIB LEVEL of 0.618 and bounced for 4 consecutive days.
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#ETH/USDT DAILY UPDATE !!Hello members and welcome to this ETH/USDT Quick Chart Analysis.
s I mentioned in my previous chart that there is not much change to watch on this daily time frame Fib Retracement Label support area is $1900 sa bounce huaa and first resistance label is $2450 and is currently trending at $2028
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#ETH/USDT DAILY UPDATE !!Hello, members and welcome to this ETH/USDT quick chart analysis.
s I mentioned in my previous chart there is not much change to watch on this daily time frame, ETH is still trading above the support area which is $1950 and fib retracement label support area at $1900 and The first resistance label is $3000
This is not a piece of financial advice.
Then, hit the like button and share your chart in the comment section if you like it.
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#ETH/USDT 1HOUR UPDATE !!Hello, dear traders welcome you to this ETH/USDT 1HOUR chart analysis.
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CHART ANALYSIS:-Now coming to the chart. Eth is forming an ascending triangle pattern on the 1-hours time frame. The direction of the breakout will determine the next step for ethics. Our target is $2.5k if eth breaks this wedge (closes above $2.3k) or if eth breaks through this triangle (closes below $1.9k) we should target $1.5k
This is not a piece of financial advice.
Sorry for my English it is not my native language.
If you like it, hit the like button and share your charts in the comments section.
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#ETH/USDT DAILY UPDATE !!Hello, members and welcome to this ETH/USDT quick chart analysis.
As I mentioned in my previous chart that is Nothing much change to see at this daily time frame ETH is still trading above the support zone which is $1950 - $2050 and the support zone is $1795 and the resistance label is $3073
This is not a piece of financial advice.
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#ETH/USDT DAILY UPDATE BY CRYPTOSANDERS Hello, members and welcome to this ETH /USDT quick chart analysis.
In the current scenario, ETH is heading towards the lower support area of $1967
As per the current scenario, if ETH holds the $2054 level, we could see a rally from that level.
Now, IMO we should sit aside from the market until there is a bullish divergence.
This is not a piece of financial advice.
If you like it, hit the like button and share your charts in the comments section.
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ETH / USDT
The first major resistance is near the $2,150 level. The main resistance is now forming near the $2,200 level. It is close to the 61.8% Fib retracement level of the key decline from the $2,450 swing high to $1,700 low. A close above the $2,200 level could open the doors for a decent increase.
In the stated case, ether price might rise towards the $2,400 resistance. An intermediate resistance may perhaps be near the $2,350 level.
If ethereum fails to recover above the $2,200 resistance, it could start a fresh decline. An initial support on the downside is near the $2,000 zone.
The next major support is near the $1,870 level. A close below the $1,870 level might restart downtrend. In the stated case, the price could dive towards the $1,700 level. The next major support might be near the $1,620 and $1,600 levels in the near term.
Technical Indicators
Hourly MACD – The MACD for ETH/USD is now gaining momentum in the bullish zone.
Hourly RSI – The RSI for ETH/USD is now above the 50 level.
Major Support Level – $1,870
Major Resistance Level – $2,200
#ETH/USDT DAILY UPDATE BY CRYPTOSANDERS Hello, members and welcome to this ETH /USDT quick chart analysis.
In the current scenario, ETH is heading towards the lower support area of $2075
As per the current scenario, if ETH holds the $2100 level, we could see a rally from that level.
Now, IMO we should sit aside from the market until there is a bullish divergence.
This is not a piece of financial advice.
Do hit the like button if you like it and share your charts in the comments section.
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#RTH/USDT 4HOUR UPDATE BY CRYPTOSANDERS Hello, members and welcome to this ETH /USDT quick chart analysis.
As we can see from the above-mentioned chart that ETH/USDT bounced right from the lower trend line support as I mentioned in my previous chart.
Now according to the current scenario if ETH breaks the middle band of this parallel channel and retests then I am expecting that ETH will soon touch the $2700 mark in the upcoming days.
This is not a piece of financial advice.
Then, hit the like button and share your chart in the comment section if you like it.
This is not a piece of financial advice.
If you like it, hit the like button and share your charts in the comments section.
thank you.
#ETH LONG TERM CHART ANALYSIS!!Welcome community members in this post, I’ll be going through with ETHEREUM WEEKLY long-term chart analysis.
I recommend you all must read the description of this Chart to understand the more clear picture of BITCOIN’S upcoming possible scenario.
This chart is totally based on the past price action followed by ETHEREUM, to know the upcoming scenario.
DISCLAIMER: This is not financial or investment advice. This is for education and to understand the market sentiment purpose only. I am not responsible for the profits out of loss you generate from your investments. Trade and invest at your own risk.
ETH's next move in long-term prediction on the basis of past price action analysis.
DESCRIPTION -
CASE STUDY: 01
ETH was introduced on the 3rd of August 2015 after ETH was trading inside a triangle pattern from 03.08.2015 to 28.12.2015 which we can call an accumulation also.
after 148 days of accumulation, ETH broke the triangle pattern and pumped almost 2156% in 168 days.
CASE STUDY: 02
After a pump of 2156% ETH again moved into and reaccumulation face by forming a bullish flag pattern which can be seen in the above-mentioned chart.
ETH was in reaccumulation face for more than 368 days which is more than a year.
CASE STUDY: 03
On 6th Feb 2017, ETH broke the bullish flag pattern and moved into a bullish mode and pumped well 11653% at that time it moved from $11 to $1120 in 343 days.
In between after reaching the price level of $380 ETH printed a correction of 57% towards the price level of $160 in 35 days and from that level, ETH created a rising wedge pattern and ETH followed it well.
CASE STUDY: 04
After reaching the price level of $1420 ETH was rejected from that level and broke down the rising wedge pattern at the price level of $858 and Continuously lost 56% in just 21 days.
After a 56% dump, ETH printed some corrections and moved upward almost 110% in 49 days at the price level of $812
CASE STUDY: 05
After reaching the $83 price level ETH moved between $80 to $90 for 3 weeks and bounced 276% in 189 days and reached the price level of $353 and got rejected from the resistance level of $360 and dropped down at the price level of $185 which was also a support level.
CASE STUDY: 06
ETH traded for more than 3 weeks at the average price level of $185 and bounced printing a new ALL-TIME HIGH of $4384 which was 3372% from the support level in 420 days.
After printing an ATH ETH again tossed 59% and reached the price level of $1724.
After a 59% dump, ETH again pumped 182% and reached the price level of $4867 in 112 days which was also a NEW ALL-TIME HIGH.
CASE STUDY: 07
ETH was trading inside the rising wedge pattern and ETH broke down a retested the lower trend line which is also a bearish trend continuation.
ETH till now dropped 51% from its current ATH and still counting.
In my opinion, we can see ETH in the $1500 to $1800 price range in the upcoming days.
ETH has a strong support level at this price range.
After analyzing the past price action ETH can move down again towards the $$1500 which is the longest strong support area for ETH.
After reaching the lower support we can expect on the basis of past price action if ETH is able to hold the lowest support then we can see a new ATH in the upcoming long run.
CONCLUSION :
1. ACCUMULATE $1.5K TO $1.8K
2. ONCE ETH TOUCHES THE LOWER TRENDLINE A MEGA RALLY IS EXPECTED THROUGHOUT THE MARKET.
3. LOOK AT THE LONG-TERM PERSPECTIVE.
THANK YOU.