ETH UPDATE (Can Pump More)Ethereum analysis from Behdark
With this complex market situation, the analysis must be constantly updated.
Ethereum seems to rise again after a temporary correction. If you have shorts, take them off for now. I think it will go up to the resistance range that I specified and then go back down.
If you have any questions, comment. Thank you
Ethanalysis
ETH Daily TA Neutral BullishETHUSD daily guidance is neutral with a *bullshit* bias. Recommended ratio: 60% ETH, 40% Cash.
* SUNDAY SCARIES WATCH . Russia has been notifying all Russian citizens in Kherson (Ukraine) to evacuate immediately due to the threat of impending "terrorist attacks" by Ukrainians . A few weeks ago, Putin announced that Russia officially recognizes Kherson and three other territories in Ukraine as annexed territories of Russia. This is yet another example of Russian war engineering to justify a continued and intentional escalation of the types of attacks they launch on Ukraine. The Chinese Communist Party has concluded their twice-a-decade Congress and reshuffled their Politburo and central committee to feature more Xi loyalists in preparation for his third consecutive five-year presidency . Speculators view this reshuffling as a signal that China is readying to formally attack Taiwan in the coming months. Through a war games lens, two full scale wars in different parts of the world would diminish the magnitude of a counteroffensive by the US and NATO, something military strategists on all sides are likely aware of. Key Upcoming Dates: S&P US October Manufacturing PMI at 945am EST 10/24; US October Consumer Confidence Index at 10am EST 10/25; US September New Home Sales at 10am EST 10/26; 20th and Final GDPNow US Q3 GDP estimate 10/26; US Q3 GDP First Estimate at 830am EST 10/27; US September PCE Price Index at 8am 10/28; FOMC Statement at 2pm EST 11/02.*
Price is currently trending up at ~$1310 as it continues to trend sideways along $1270 support for what is now thirty three consecutive sessions. Volume is currently Low (moderate) and on track to favor buyers for a second consecutive session if it can close today's session in the green. Parabolic SAR flips bullish just below the 50 MA ($1408) at $1355, this margin is bullish at the moment. RSI is currently trending up at 46.5 as it approaches the upper trendline of the Symmetrical Triangle from February 2020 at ~52 as resistance. Stochastic crossed over bullish in today's session and is currently trending up at 63 as it continues to test 46.76 support. MACD remains bullish and is currently trending up slightly at -19, the next resistance is at 28. ADX is currently trending down slightly at 29 as Price continues to trend sideways, this is neutral at the moment.
If Price is able to push higher here then it will likely retest the 50 MA at ~$1400 as resistance which is just below $1427 resistance . However, if Price breaks down here, it will likely retest $1270 minor support before potentially heading lower to $1k minor support . Mental Stop Loss: (one close below) $1269.54.
#ETH/USDT 2HOUR UPDATE !!Hello, welcome to this ETH/USDT 2hr chart update by CRYPTOSANDERS.
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CHART ANALYSIS :
ETH/USDT UPDATE:-Today I want to talk to you about the ETH/USDT chart.
The fake breakout happened, and agitation continues in flat.
I think there is a chance that the price will go up soon.
Then come out of the flat and break out the resistance level.
This is how I set two goals: $1310; $1340.
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.
thank you.
#ETH/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this ETH/USDT 1 DAY 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 :
Ethereum (ETH):-After a very volatile week, Ethereum has managed to remain within its existing channel, closing the past seven days with a 1.4% loss. ETH found good support at $1,250 despite a long wick that violated this level briefly on Thursday. The resistance remains at $1,400.
The price appears to be taking its time before an attempt to break away from this long consolidation period that started in late September. Today’s daily candle is a bullish engulfing one which signals that buyers may attempt to retest the key resistance soon.
Looking ahead, ETH may continue to bounce between the key levels in its current channel. A clean breakout from one of these levels would change the current trend that has kept the price in a sideways movement. This equilibrium in market forces is atypical for Ethereum, and once that changes, the volatility will increase.
Sorry for my English it is not my native language.
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ETH Daily TA Neutral BearishETHUSD daily guidance is neutral bearish. Recommended ratio: 48% ETH, 52% Cash.
* BOUNCE WATCH . Cryptos have remained flat through the weekend and Equity Futures are down to start the week. Russia blames the Crimea bridge blast on Ukrainian terrorists and mentioned that the only response is to kill Ukrainian terrorists , so more shelling is to be expected it's more of a matter of whether not the shelling includes tactical nukes or chemical warfare. Key Upcoming Dates: FOMC Minutes at 2pm EST 10/12; September US CPI at 830am EST 10/13; September US Retails Sales at 830am EST 10/14; 18th GDPNow US Q3 GDP Estimate 10/14; UofM October Consumer Sentiment Index at 10am EST 10/15.*
Price is currently continuing to trend sideways at ~$1325 for the third consecutive session as it hovers between $1270 minor support and $1427 resistance. Volume is currently on track to remain Low (low) for three consecutive sessions and broke the 4 days streak of sellers dominance by closing in the green in today's session. Parabolic SAR flips bearish at $1254, this margin is bearish at the moment. RSI is currently continuing to trend sideways at 42.5 for a third consecutive session. Stochastic remains bearish and is currently forming a trough at 62, the next support is at 47. MACD remains bullish and is currently breaking above -46.46 minor resistance as it attempts to defy forming a soft peak. ADX is currently trending down slightly at 29 as Price continues to trend sideways, this is neutral at the moment.
If Price is able to bounce here it will likely retest $1427 resistance . However, if Price breaks down here it will likely retest $1270 minor support before potentially falling lower to $1k minor support . Mental Stop Loss: (one close above) $1477.
ETH Daily TA Neutral BullishETHUSD daily guidance is neutral with a bullish bias. Recommended ratio: 60% ETH, 40% Cash.
* Cleveland Fed President Mester said today that she expects to see an uptick in Unemployment but that the Fed remains "singularly focused on fighting inflation" . In the same regard, she mentioned that she doesn't see any rate cuts in 2023. Key Upcoming Dates: September US Employment Situation at 830am EST 10/07; FOMC Members Kashkari, Waller and Williams speak on 10/07; FOMC Minutes at 2pm EST 10/12; September US CPI at 830am EST 10/13; September US Retails Sales at 830am EST 10/14; UofM October Consumer Sentiment Index at 10am EST 10/15.*
Price is continuing to trend sideways at ~$1350 for a fourth consecutive session. Volume has been High (moderate) and favored sellers for the past two sessions, if it closes today's session in the green it will likely imply that more choppy trading is to be expected in the near term. Parabolic SAR flips bearish at $1229, this margin is neutral at the moment. RSI is currently trending up slightly at 46, the next resistance is the descending trendline from February 2020 at ~52. Stochastic remains bullish as it defies a bearish crossover at 96, the next resistance is at max top. MACD remains bullish and is currently continuing to form a soft peak as it tests -46.46 resistance. ADX is currently trending down at 30 as Price continues to trend sideways and attempts to move higher, this is neutral at the moment.
If Price is able to break out to the upside then it will likely retest $1427 resistance . However, if Price breaks down here, it will likely retest $1270 minor support . Mental Stop Loss: (two consecutive closes below) $1270.
Ethereum: Aqua AerobicEthereum has been doing aqua aerobic in the blue zone between $1456 and $1013 for a while now, moving up and down along the 61.80%-retracement. Although it could have gained enough drive already to start the ascent, we expect the cryptocurrency to dive a bit deeper still before rising out of the blue zone. As soon as wave (ii) in blue is finished, though, Ethereum should rise out of the blue zone, cross the resistance at $2029 and head for the upper blue zone between $2982 and $3420. However, there is a 40% chance that Ethereum could break through the bottom of the blue zone and drop below the support at $883, thus triggering further descent.
ETHEREUM | The Bullish Accumulations Looks StrongETHEREUM | The Bullish Accumulations Looks Strong
From the chart we can see that the price is accumulating bullish volume
for the last two weeks.
The trading range is located between 1263 and 1390.
The first target will be 1390 and if the price will manage to break out
above 1390 it will push higher up to 1500.
Thank you and Good Luck!
#ETH/USDT 1DAY UPDATE BY CRYPTOSANDERSHello 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 UPDATE:-Ethereum (ETH) was also trading low to start the weekend, as a bullish sentiment from yesterday’s Consumer Sentiment data swiftly wore off.
Since hitting a peak of $1,368.74 during yesterday’s session, ETH/USD fell to a low of $1,320.38 earlier in the day.
As a result of this sell-off, the world’s second-largest cryptocurrency dropped below its support point of $1,330.
Currently, the token is trading at $1,325.36, with bulls attempting to climb above this current point of resistance.
Like with bitcoin, Ethereum's 14-day RSI is also consolidating and is hovering below a ceiling of 41.00 as of writing.
The 10-day (red) moving average seems to finally be positioned for a bounce, however, this will likely only occur once the ceiling on the RSI indicator is broken.
Sorry for my English it is not my native language.
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ETHEREUM Ethereum, after breaking the straight support that held the bullish price, broke through. He started to enter the bears. We can see on the chart that we are in a bearish mini-channel. In the graph we see mini-flags that give continuity to falls. It will probably break through this bearish channel when the United States starts to give indications that the country's interest rate will decrease. For now, just drop!
ETH Daily TA Cautiously BearishETHUSD Daily guidance is cautiously bearish. Recommended ratio: 10% ETH, 90% Cash.
* SUNDAY SCARIES WATCH . This is one of those rare occasions where FA alone can essentially tell you that Equities and Cryptos are both going to continue seeing selling pressure as long as DXY keeps raging higher. As long as the Fed keeps raising rates and Russia keeps raising reinforcements, this shouldn't be too difficult. DXY looks poised to retest $120 for the first time since 2000-2002 (Dot-Com bubble peaked in 2000). Key Upcoming Dates: September US Consumer Confidence Index at 10am EST 09/27; August US New-Home Sales at 10am EST 09/27; Final US Q2 GDP revision at 830am EST 09/29; August US PCE price index at 830am EST 09/30.*
Price is currently attempting to continue trending up after bouncing off of $1270 minor support, the next resistance is at $1427. Volume is currently Moderate (low) and on track to favor buyers for a third consecutive session. Parabolic SAR flips bullish at $1485, this margin is neutral at the moment. RSI is currently trending up slightly at 39 as it attempts to reclaim support of the uptrend line from November 2018 at 38 after bouncing from the uptrend line from January 2022 at ~32 as support; if it can stay above 38 it would imply that Price may have found a near-term bottom. Stochastic remains bullish and is currently testing 17.81 resistance with no signs of peak formation. MACD remains bearish and is currently testing -46.46 support as it continues to form a trough. ADX is currently trending up at 29 as Price continues to fall, this is bearish.
If Price is able to continue going up here then it will likely retest $1427 resistance . However, if Price breaks down here it will likely retest $1270 minor support before potentially falling to retest $1k psychological support . Mental Stop Loss: (two consecutive closes above) $1427.
ETH Daily TA Cautiously BearishETHUSD Daily guidance is cautiously bearish. Recommended ratio: 20% ETH, 80% Cash.
* The Fed announced a 75bps FFR hike today, and so starting tomorrow the FFR target range will be 3%-3.25% . Cryptos initially rallied on the announcement and are now down while Stocks continued to plummet. Equity Futures and EURUSD are down while VIX and DXY are up; Commodities and US Treasuries remain mixed. Interestingly, looking at the Fed dot plot, twelve of nineteen Fed Presidents and Governors think that FFR should be between 4.5% and 5% at some point in 2023 . Meanwhile, today Putin announced a 'partial mobilization' of 300k Russian military reservists in an escalation of Russia's attack on Ukraine . Key Upcoming Dates: S&P US September Manufacturing PMI at 945am EST 09/23; September Consumer Confidence Index at 10am EST 09/27; August US New-Home Sales at 10am EST 09/27; Final US Q2 GDP revision at 830am EST 09/29; August PCE price index at 830am EST 09/30.*
Price is currently trending down at ~$1250 as it breaks away from any hope of hanging on to $1427 support. Volume is High (moderate) and on track to favor sellers for a second consecutive session. Parabolic SAR flips bullish at $1620, this margin is bullish at the moment. RSI is currently trending down at 33 as it quickly approaches a retest of the uptrend line from 01/22/22 at ~31 as support. Stochastic is currently neutral trending sideways at 5 for the fourth consecutive session, the next support is max bottom. MACD remains bearish at -79 as it approaches a test of -46 support for the first time since May 2022. ADX is currently trending up at 24 with no signs of peak formation as Price continues to fall, this is bearish.
If Price is able to bounce here then it will likely retest $1427 resistance . However, if Price continues to fall here then it will likely retest $1k psychological support before potentially testing $776 support for the first time since January 2021. Mental Stop Loss: (two consecutive closes above) $1427.
ETH/USDT :: Couldn't break 0.6 !!!ETH/USDT :::
Blue channel:
The channel has been broken and its ceiling has created a strong support that the price has tried to break several times but has not yet succeeded.
Yellow channel:
It shows the movement path formed after the break of the blue channel.
If it is broken, the channel will lose its credibility.
Green channel:
shows the possible range that is valid for a few days.
ETH | An Elliot Wave PerspectiveETH | An Elliot Wave Perspective
During all this week the price looks like it is stopped near 1430
that corresponds to strong daily support.
The ETH Merge insecurity is holding the market under pressure.
One of the biggest events is resulting from being non-even at all.
Now I am looking at the price to develop in two ways.
The first scenario is that the ABC pattern correction can be finished where it is
now (Black scenarios). At this point, the price should increase soon.
The second scenario is that the ABC pattern correction can be completed near 1100 and
after that, the price can begin the bullish movement again. (Blue scenarios).
At this point, the price should increase soon.
Targets:
1900
2300
Thank you and Good Luck!
#ETH/USDT 1DAY 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.
ETH UPDATE:-Ethereum (ETH) was also subjected to the bearish onslaught, as the token fell below $1,600 the day before the anticipated start of The Merge event.
Less than 24 hours after hitting a high of $1,637.05, the world’s second-largest cryptocurrency dropped to a bottom of $1,446.03 on Wednesday.
The drop in ETH/USD sees the token hit its lowest point in the last week, taking it close to a long-term floor of $1,550.
Bulls have so far resisted a breakout below this point, with many choosing to reenter and buy the current dip.
As of writing, Ethereum is trading at $1,475.08, with bulls likely hoping to take prices back above $1,600.
Many still expect that ETH will rally in upcoming days, remaining optimistic about tomorrow’s Merge, and the long-term implications it could have.
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.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Ethereum | Expanding Pattern Ahead The MergeEthereum | Expanding Pattern Ahead The Merge
Ethereum is creating an expanding pattern ahead the merge.
The merge is really a big event that will create a clear revolution
on the crypto world as it is happening for the first time.
if the merge will be smooth and without problems we can see a
high and good impact on the Ethereum blockchain.
However, our pattern looks like it is expanding and the target is related
only to the pattern and it is a normal target.
Thank you and Good Luck!
BTC/USDT :: Is it correct like the previous analysis ?BTC/USDT :::
_ In the previous analysis, the fall to the first and second targets happened and we had a correction to 21 .
_ If the price continues to grow and breaks the range of 22, it will enter the range of 24, and you can wait to enter the range of 27.
#ET/USDT 4HOUR 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.
ETH UPDATE:-ETH/USDT looks bullish and RSI is bullish movement and 15% to 20% for eth bounce support and eth/USDT target.
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.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
#ETH/USDT 1DAY 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.
ETH UPDATE:-Ethereum is moving within a descending channel (in blue) on the daily chart. This resistance line has prevented further growth since registering its all-time high. When the price last hit the channel’s top in August, it suffered a drop to $1,422 as a consequence.
The scenario for the Relative Strength Index (RSI 30d) is comparable. The descending line (in white) that has formed over the last 12 months is acting as resistance.
To fulfill the two important goals — breaking out of the channel and overcoming the horizontal resistance at $1,800 — the bulls must now drive the price above that level (in red). This coincides with gaining momentum above the descending line in the RSI.
On the other hand, if the Merge turns out to be a sell-the-news event, investors should be ready for heightened pressure that could send the price back to $1350 and even lower.
Support Levels: $1420 & $1350
Resistance Levels: $1800 & $2100
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.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
ETH Daily TA Neutral BullishETHUSD Daily neutral with a bullish bias. Recommended ratio: 55% ETH, 45% Cash.
* The Merge is scheduled for launch on Ethereum's Mainnet at ~1pm EST 09/14/22 . The Sixth Beige Book (of 2022) confirmed what has already been the theme for Fed speakers this quarter ; that we are likely to see slower economic growth in the near to medium term, the labor market is getting tighter, and that even though inflation is showing signs of moderating, it still has a long way to go before we are to see any rate cuts. The 10th GDPNow Q3 US GDP came in today at 1.4% , down from 2.6% on 09/01/22. Key Upcoming Dates: August CPI at 830am EST 09/13; The Merge (Ethereum) at 8am EST 09/14; FOMC meeting 09/20-09/21 (Statement Released at 2pm EST on 09/21).*
Price is currently attempting to form a Morning Doji Star Pattern as it defends $1500 in preparation for The Merge next week; if tomorrow's session PA results in a Bullish Engulfing Candle this would be bullish. I have also revised the uptrend line from 06/18/22 and it now reflects support at ~$1550. Volume is Moderate and is on track to favor buyers if it closes today's session in the green; this would also make three of the past four sessions buyer dominant. Parabolic SAR flips bearish at $1427 support, this margin is mildly bearish at the moment. Stochastic remains bullish and is currently trending sideways at 81 resistance. MACD remains barely bullish for the second consecutive sesision and is currently trending sideways at -26. ADX is currently trending down at 14 as Price is attempting to defend $1500, this is neutral at the moment.
If Price is able to close today's session above ~$1520 and then follow that with a Bullish Engulfing Candle in tomorrow's session, this would be indicative of a bullish continuation that would likely have it retest the 50 MA at ~$1655 as resistance leading up to The Merge. However, if Price breaks down out of the uptrend line from 06/18/22 (~$1550) then it will likely retest $1427 support . Mental Stop Loss: (two consecutive closes below) $1500.