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Ethanalysis

#ETH/USDT 4HOUR UPDATE BY CRYPTOSANDERSHello, welcome to this ETH/USDT 4Hr chart update by CRYPTOSANDERS. I have tried my best to bring the best possible outcome to this chart. Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis. CHART ANALYSIS:-#ETH/USDT support $2638 and resistance $2742! This is not a piece of financial advice. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. thank you.
by CryptoSanders9563
#ETH again facing the resistance??Hello, welcome to this ETH/USDT 4Hr chart update by CRYPTOSANDERS. I have tried my best to bring the best possible outcome to this chart. Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis. CHART ANALYSIS:- As the above-mentioned chart is evident that ETH/USDT still trading inside the triangle pattern and following the mid-lower trend line very well. Now looking at the previous candles ETH trying to break the upper trend line resistance and trading fifth time near the upper trend line. This is again a decisive point for ETH in the shorter time frame, if it breaks the upper trend line resistance then it will bullish and together ALTCOINS will also pump but if it fails to do so again then it can move down to the lower trend line again. Here IMO we should wait for the confirmation which is the right decision in this uncertain market. This is not a piece of financial advice. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. thank you.
by CryptoSanders9563
Ethereum in Range, ETH Bulls Stand a Chance above $2.7kPast Performance of #Ethereum Ethereum is comparatively resilient against bears, soaking the selling pressure as per the developments in the daily chart. ETH prices are steadying above primary support, flashing with last week's lows at about $2.7k. Even so, sellers are in control from a top-down approach. ETHUSDT remains within a bear breakout formation, struggling to stay afloat and snap back to the primary trend established in March 2022. #Ethereum Technical Analysis ETH prices are under significant selling pressure. Overall, sellers are in control, unwinding gains posted in March. Buyers haven't reversed the steep losses of April at spot rates. Notably, ETHUSDT is within last week's trade range, with conspicuous bear bars of April 26 and 30 setting the trend. As ETH prices move horizontally, traders can trade with the primary trend, unloading every pullback provided prices are below $3k. A break below $2.7k and last week's lows may force another wave of dumping towards March 2022 lows of $2.3k. On the flip side, if ETH bulls break away from the current sideways movement above $3k, prices could soar to $3.5k—or better. This breakout would endorse the bulls of March, providing timely entries for aggressive traders to ride the wave. What to Expect from #ETH? Prices have support from around the 78.6 percent Fibonacci retracement level of the March 2022 trade range. A breakout above $3k would relieve optimistic buyers angling for resumption and a lift-off towards $3.5k. Resistance level to watch out for: $3k Support level to watch out for: $2.7k Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
1
#ETH/USDT 4HOUR UPDATE BY SANDERS!Hello, welcome to this ETH /USDT 4Hr chart update by CRYPTOSANDERS. I have tried my best to bring the best possible outcome to this chart. Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis. CHART ANALYSIS:- In the above-mentioned chart, ETH/USDT still trending inside the channel pattern above the support zone which ETH holds very well. Here I am, expecting a bounce from the support green zone and a break to this channel pattern which will be good in the short term for the Altcoins (well pump). If it breaks the support zone then the scenario will be changed. So, it's better to wait for the confirmation to get in the market. This is not a piece of financial advice. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. thank you.
by CryptoSanders9563
#ETH/USD 4Hr update !Hello, welcome to this ETH /USD 4Hr chart update by CRYPTOSANDERS. I have tried my best to bring the best possible outcome to this chart. Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis. CHART ANALYSIS:- On the 4-hour timeframe, ETH is trading inside a falling wedge, which is technically a bullish pattern as long as the price can break out of the falling wedge and form a higher high, which should be around the critical level of $3,000. Once the indicator has entered the bearish zone, the dynamic trend line (marked green) will likely be retested. From there, we can expect a short-term continuation of the uptrend. This is not a piece of financial advice. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. thank you.
COINBASE:ETHUSD
by CryptoSanders9563
#ETH/USDT 4HOUR UPDATE BY CRYPTOSANDERSHello, welcome to this 4hr chart update by CRYPTOSANDERS. I have tried my best to bring the best possible outcome in this chart. Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis. CHART ANALYSIS : As we can see in the above-mentioned chart that ETH is currently trading inside the falling wedge pattern and also getting support in the green zone. Here I am expecting a bounce from the support zone which Will be good for the ALT coins in the shorter and long term. We just need to wait for the right time and a breakout and retest in a 4hr time frame which will be the strong confirmation for some good rally in ALT coins. This is not a piece of financial advice. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. thank you.
by CryptoSanders9563
#ETH/USDT 4HOUR UPDATE BY CRYPTOSANDERS Hello, members welcome to ETH/USDT 4hr chart analysis by CRYPTOSANDERS. I have tried my best to bring the best possible outcome in this chart. First, hit the like button follow me and comment in the comment section because this motivates me to bring this kind of chart analysis on regular basis. CHART ANALYSIS: As we can see in the above-mentioned chart that ETH retested the upper trend line or the support zone and bounced. Here now I am expecting according to the current scenario that ETH can put hard from this level. This is not a piece of financial advice. Sorry for my English it is not my native language. thank you.
by CryptoSanders9563
#ETH/USDT 8HOUR UPDATE BY CRYPTOSANDRES Hello, members welcome to ETH/USDT 8hr chart analysis by CRYPTOSANDERS. I have tried my best to bring the best possible outcome in this chart. Show some support, hit the like button follow me and comment in the comment section because this motivates me to bring this kind of chart analysis on regular basis. CHART ANALYSIS: As I mentioned in my previous chart that ETH/USDT was trading on the upper trend line or the green zone and will bounce, till now ETH moved well as I said. Now, IMO we can see ETH touch the upper trend line one more time and bounce which will be the confirmation of a good green rally. STAY TUNED WITH US MORE LARGE-CAP CHART ANALYSIS IS UPCOMING. This is not a piece of financial advice. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. thank you.
by CryptoSanders9563
#ETH/USDT 4HOUR UPDATE BY CRYPTOSANDERSHello, members welcome to ETH/USDT 4hr chart analysis by CRYPTOSANDERS. I have tried my best to bring the best possible outcome in this chart. First, hit the like button follow me and comment in the comment section because this motivates me to bring this kind of chart analysis on regular basis. CHART ANALYSIS: As we can see in the above mentioned chart that ETH retested the upper trend line or the support zone and bounced. Here now I am expecting according to the current scenario that ETH can put hard from this level. If it breakdown the upper trend line then this chat will be invalidated. This is not a piece of financial advice. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. thank you.
Long
by CryptoSanders9563
#ETH/USDT WEEKLY UPDATE BY CRYPTOSANDERSHello members welcome to ETH/USDT WEEKLY update by CRYPTOSANDERS I have tried my best to bring the best possible outcome in this chart. As we can see in the above-mentioned chart that ETH/USDT is currently trading on the support of red MA and 0.383 level on FIB LEVELS so here ETH must hold this level for the bull trend and a new ATH. If it breakdown the MA support then this chart will be invalidated. This is not a piece of financial advice. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. thank you.
by CryptoSanders9563
#ETH/USDT WEEKLY UPDATE BY CRYPTOSANDERSWelcome to this quick ETH/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Hello members welcome to ETH/USDT CHART UPDATE BY CRYPTOSANDERS As we mentioned in our previous chart that ETH will move to yellow MA and break for a bullish trend. Now as we can see that it broke the yellow MA and traded upon the yellow MA. In the current scenario, we are expecting that ETH will move up to the red zone which is the ALL-TIME HIGH ZONE in the upcoming days. This is not a piece of financial advice. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. thank you.
by CryptoSanders9563
#ETH/USDT 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick ETH/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Hello members. If you follow our charts then you can see that as we mentioned in our previous chat that it will bounce from the upper trend line and it moved up perfectly we also advised that you can take a position in a spot or low average. If you are holding at the spot then you should hold for the longer time period and if you are holding in a low average like 2x-5x then you should hold it to the $2700 - $3000 mark. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
ETH/USDT 1HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick ETH/USDT analysis. I have tried my best to bring the best possible outcome in this chart. ETH/USDT looks bullish and as I told in bitcoin that bitcoin can bounce if bitcoin bounces then ETH/USDT can also bounce from here as well as old coin of USDT pair can also be pumped. eth/usdt support $2590k-$2650k and resistance $2899k-$2960k Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section.
by CryptoSanders9563
1
Ethereum Update!Little Update on our recent ETH TA like we somewhat expected we saw a rejection off of the top of this triangle that we have respected during our whole time trading within it, now theres definitely some good reason behind this rejection we have multiple layers of resistance all at the same level, first of all the top of the triangle itself, the 50 day EMA, the 0.6 FIB level are all strong points of resistance. Now on the other hand we could most definitely see a bounce off of our current spot we are sitting now we have multiple layers of support, The 20 day EMA, checked out the bollinger bands and our midline lines up perfectly with the 20 day EMA, we have the pivot point which is a pretty crucial area. Now if by chance we do see a drop below the teal pivot point tonight for our daily close, this could definitely trigger a slip to the downside which is not ideal for us trying to regain an uptrend, as far as support below our current level we have the bottom of the triangle itself, support at the top of the descending channel, and 2 additional layers of support just below the bottom of the triangle. So if we do see a downside i think it will be pretty quick for us seeing a rebound, now a likely scenario would be a false breakout to catch traders. this would look something like a break and close out of the bottom of the triangle making traders scream SHORT, before then catching support and regaining the triangle itself and likely a move to the topside, the market movers love false breakouts because it liquidates many traders. Forgot to mention but we have very solid support at the 0.786 FIB level which is also the S1 Support, so if we we're too look for a trade i would say an entry at the .786 FIB, little generous stop loss and a take profit around 2800$ (USD)! Now for the Squeeze momentum indicator we have what looks like the last stride of red (bearish) movement, we have seen a steady decrease in the red bars day after day showing bearish momentum fading away, now what we are looking for is potentially another red bar (decreased from today) before then pushing above the midline into bullish zone. The black crosses represent the bullish/bearish squeeze and when those crosses turn white that represents the squeeze release, which is the explosive part of this indicator! To see this for yourself backtest and line up the white crosses to price action itself! Not financial advice just my opinion!
KRAKEN:ETHUSD
by JacobR905
Ethereum Breakout Coming Soon!!?Ethereum is on the verge of a potential breakout of this triangle, we have wicked up and above for the first time but have since came back down to just below the top. The very good news is that we are looking like we may see a daily close above the 0.6 FIB level and yesterday we had a daily close above the daily pivot point (teal) both of these are very bullish signs, now keep in mind it doesn't necessarily confirm a bullish move but we are heading in the right direction! Not even too mention the bullish breakout of the descending channel, we briefly broke out a couple times before and have fallen back in but this time could be the real deal, we will have to wait and see. Looking at our RSI we are seeing yet another very good sign, we have taken back the midline, by being and remaining above this midline it confirms an uptrend if we can hold it, falling back below will keep us in a confirmed downtrend, ideally we do want to see more upside for price action and the RSI so we can get that yellow SMA above the midline aswell for additional support! Now the Stoch RSI has rebounded very fast and is coming up shortly on the overbought zone, now this could be a sign for a little cooloff once we do reach this level but the most important thing is for the RSI to remain above that midline! Not financial advice just my opinion!
KRAKEN:ETHUSD
by JacobR905
ETH/USDT 1HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick ETH/USDT analysis. I have tried my best to bring the best possible outcome in this chart. ETH/USDT is also conformed to a falling wedge pattern as I have seen in the 1-hour update Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section.
by CryptoSanders9563
ETH/USDT 1DAY UPDATE BY CRYPTOSANDER Welcome to this quick ETH/USDT analysis. I have tried my best to bring the best possible outcome in this chart. ETH/USDT Just as I have seen BTC making a 1hour inverse head and shoulders, I think eth /USDT is also making a 1-hour inverse head and shoulders and that means dumps will happen once and as we mentioned in bitcoin . have done Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section.
by CryptoSanders9563