ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Ethereum (ETH) was also back in the green on Wednesday, following a brief stint of consolidation the day prior.
ETH/USD moved to a high of $1,836.29 on hump-day, which comes less than 24 hours after trading at a low of $1,761.67.
Similar to bitcoin, Wednesday’s rally in price saw ETH near a recent high of $1,846, which is its strongest point since last August.
The 10-day (red) moving average (MA) has continued to trend upwards, extending its crossover with the 25-day (blue) MA.
However, price strength seems to be a barrier to further gains, with the index now tracking below a ceiling at 64.00
In order for bulls to extend gains, there will likely need to be a breakout of the aforementioned resistance level.
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Ethanalysis
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Ethereum (ETH) remained below $1,800 for the second straight session, following a recent climb into overbought territory.
ETH/USD fell to an intraday low of $1,725.01 on Tuesday, a day after trading at a peak of $1,788.13.
Despite a recent upward crossover of the 10-day (red) and 25-day (blue) moving averages, it appears that momentum has shifted.
From the chart, it appears that this coincides with the RSI falling back below a point of support at 61.00
At the time of writing, the index is tracking at 60.74, with ethereum slightly higher, and the asset is currently trading at $1,762.33.
In order for bulls to recapture the $1,800 mark, this ceiling on the RSI must first be broken.
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Ethereum retest support level 1635 and can continue to growHello traders, I want share with you my opinion about Ethereum. We can see how the Ethereum has been decline for a while and fall to the level 1375, after which it bounced back and begin to rise inside the upward channel. Not so long ago, the price broke through the resistance line of the channel and the resistance level 1585 from which increased. We can see how the price made a small correction and retested the support level. The price is now trading above the support level and may continue to rise. I think the price may continue to go up and break through the level 1635 and reach the resistance area 1670-1680 where I set goals for Ethereum. Please share this idea with your friends and click Boost 🚀
Ethereum- I'm selling above 1500Although I was bullish since the beginning of the year, I also said that I don't think it will last and, as a lot were calling, this is the "start of a new bull run".
Indeed, after a high of around 1700, Ethereum consolidated with a base at 1500 and, last week dropped under this important figure.
At the time of writing is trading at 1475 and I'm preparing to sell rallies and possible spikes above 1500.
My target is 1250 and negation comes with sustained buying power above 1600.
ETH long IDEAPrice swept previous week low and took out buy stops. The next high probable scenario is to take out sell stops above range high and to fill imbalance above (orange box), plus we have confluence like Fib retracement.
The next few days I expect to see price there.
Not a financial recommendation.
Have a good profit!
Uptrend Ethereum Is OverEthereum was struggling to break the resistance of 1670USD. After the final rejection, the was finally rejected.
Based on Fetch Trends, which used the rsi and 2 moving averages to calculate the colors, the uptrend is weakening. In my opinion, the uptrend is over.
We're now expecting a drop back to the support zone of 1260 to 1360. Based on the performance of stocks, it seems unlikely the price will make a lower low (875 USD).
Trend Ethereum Is Getting Weaker Ethereum's uptrend is weakening. This is not unexpected given that we are already at a key point in the cycles of both Ethereum and Bitcoin. The previous two tops were discovered after 58 and 43 days, respectively, while Ethereum's local top was discovered after 61 days.
Not only do we notice a daily cycle pattern, but Ethereum has also found resistance at the first critical point of 1700 USD. As the trend weakens, we're seeing a lower high.
Why is the trend weakening? This is represented not just in the rsi, but also in our indicator Fetch Trends, which utilizes the rsi to calculate its colors.
On top of that, our other indicator "moving average sequential strat" is firing off a sell signal, giving me us plenty of reasons to think the local top for Ethereum is either close or in.
ETH CAN DROP VERY SOONHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the ETH symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ETH/USDT BinanceETH/USDT Binance
1D hollow candlesticks
As the bear market is over, we can say a few things for the price movement of altcoins.
A descending triangle has been formed, as the price already breakout this triangle.
Also, a parallel uptrend channel has been formed since the beginning of June 2022.
A first resistance area occurred from the extension of the first Fibonacci retracement.
A second main resistance area is a result of the extension of a second Fibonacci retracement.
A forecast indicator shows a possible price movement for the next months.
Ethereum Price (ETH) = $1,600.92 +2.85%
= 0.06945 BTC +1.25%
Market Cap: $1,048,131,057,077
24h Vol: $65,909,497,233
Dominance: BTC: 42.4%
ETH: 18.7%
Good Luck
#CryptoHellas Team
ETH CAN MAKE A CORRECTIONHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the ETH symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ETH ETHEREUM 4 HOUR CHART Price Analysis Hello! Here's my eye on Ethereum on the 4-hour chart.
ETH MUST hold the support zone #1 if It wants to go up
IF ETH loses Support ZONE #1 and the current trendline, It will most likely go DOWN and test SUPPORT ZONE #2 1374-1437.
IF ETH can hold this SUPPORT ZONE It will go back up and test the top end of RESISTANCE ZONE#1 1607.
From here the next Resistance zone target would be around the 1669 LVL Then 1713 LVL from here.
I'm Neither Bullish nor Bearish on this COIN. Just showing some possibilities on the outcome of ETH in my opinion in the next coming days!
Please Comment or Like if you enjoyed this guys :)
Have an amazing day!
ETH/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ETH /USD 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:- Ethereum (ETH)
Another week has passed with little excitement for Ethereum investors as volatility was low – likely due to the Christmas holidays. However, ETH’s price did fall by 2% in the past seven days. This is a negligible move in the price, which still remains in a flat trend.
This cryptocurrency remains stuck between the key support at $1,160 and the resistance at $1,240. This channel is intact for the second half of December, and it is unlikely to be broken with the New Year celebrations around the corner.
Looking ahead, the volatility is more likely to return in January 2023. So long as the support levels above $1,000 hold, Ethereum has a chance to break away and attempt to make a higher high. The alternative would see it fall to a three-digit price.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
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ETH/USD 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ETH /USD 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Ethereum (ETH) mostly consolidated on Monday, with prices continuing to trade below the $1,230 point.
Following a low of $1,203.72 on Christmas Day, ETH/USD raced to a peak of $1,222.61 earlier in today’s session.
As a result of today’s move, ethereum continued to trade below its key resistance level of $1,230 for a sixth straight day.
Looking at the chart, the failure to break out of this point comes as the RSI continued to hover near a resistance of its own at 48.00
As of writing, the index is tracking at 47.33, which comes after two weeks of residing under the 48.00 mark.
Despite this, the 10-day (red) moving average (MA) has begun to move closer to its 25-day (blue) counterpart, which could mean an upward cross is pending in the coming days.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
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Ethereum will crash soonHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the ETH symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ETH/USD 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ETH /USD 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Ethereum (ETH)also consolidated in today’s session, with bulls managing to keep prices above the $1,200 level.
Following a low of $1,208.03 in Tuesday’s session, ETH/USD was marginally higher on Thursday, as it rose to a peak of $1,219.61.
The move sees the world’s second-largest cryptocurrency continue to be a stone’s throw away from a ceiling at $1,230.
Despite the prospect of higher highs, overall momentum seems relatively bearish, with the 10-day (red) moving average extending a crossover with its 25-day (blue) counterpart.
As can be deduced from the chart, the RSI also looks set for a downtrend, as it failed to break out of its current ceiling at 47.00
In order for bullish sentiment to return, it is likely that a move beyond this resistance will need to take place.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
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Unique Update Of EthereumHello, welcome to this ETH /USD 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Ethereum (ETH) was also lower on Friday, as the world’s second-largest cryptocurrency fell closer to the $1,200 mark.
ETH/USD hit a bottom of $1,210.35 earlier in the day, which comes after trading at a high of $1,291.32 on Thursday.
Today’s drop sees ethereum move lower for a third consecutive session, breaking out of a key resistance level of $1,230 in the process.
As of writing, ETH is nearly 5% lower than yesterday’s peak, with the RSI tracking at 43.50, which is near a key floor.
This point of support is at the 42.00 mark and hasn’t been reached since November 28, when ETH was below $1,200.
Should price strength continue to head toward this bottom, there is a strong possibility that ethereum will be trading under $1,200.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
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ETH SHORT SETUPHello, dear traders. how are you ? Today we have a setup to SELL/SHORT the ETH symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You