#BTC/USDT DAILY UPDATE BY CRYPTOSANDES. Hello, members and welcome to this BTC /USDT quick chart analysis.
As I mentioned in my previous chart that is Nothing much change to see at this daily time frame BTC is still trading above the support zone which is $29k - $29.5k.
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.
thank you.
Ethbnb
#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.
thank you.
#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.
ETHUSDT - DeMark, Nison, FibonacciEntry: Now
SL: 2200
T1: 2500
T2: 3250
T3: 3500
RR: 2.11, 9.89, 12.48
1W:
- DeMark 5/9 Sell Setup, TD Risk breakout
- Fibonacci pullback from 161.80%, possible support at 127.20%, next target 261.80%
1D:
- Nison Hammer
- Support from Bollinger Basis
- Potential RSI(5) bounce
4H:
- Potential Williams %R breakout
- Potential PB&J Golden Cross
- Bullish MACD & Fisher
1H:
- Hammer within Nison PB&J Sweetspot near EMA 30
- TD Sequential 1/9 Sell Setup
- CCI ~oversold
ETH/USDT (Testing Mid Resistance)💎Technical Analysis Summary💎
BINANCE: ETH/USDT
-ETH broke above the local resistance around 360s
-But the next key resistance around 390s remains strong
-If you are looking for Bullish entries
-ETH must break above 390 and pullback to flip new support
-If that plan plays out well, the upside target is the swing top at 480s
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ETH/BTC (Daily Downtrend?)💎Technical Analysis Summary💎
BINANCE: ETHBTC
-Ethereum has seen weakness after creat two Lower Highs and Lower Low
-We can also see a trendline resistance keep the Bears in control
-If ETH will keep pushing down, the potential strong support is at 29k-28k sat
-But if the trendline is broken up, I recommend to buy the breakout or pullback
-The price could revisit the 41k sat region
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Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
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If You Like My Daily Published Ideas
A little Help By Supporting My Channel
Through Leaving A Thumbs Up, Comment & Follow
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ETH/USDT (Upward Trendline Still Valid?)BINANCE: ETHUSDT
-Ethereum tested the upward trendline of support
-We saw a good bounce from 307 up to 391 dollars
-So the uptrend still valid during this time
-But the Bulls must defend the local support around 330 dollars
-Where the trendline coincide and the 100D dynamic support
-My Daily period bias is still with the Bulls
-As long as this trendline of support is holding
-Long position traders will definitely have stop loss below $305
-And targetting the recent swing top at 489 dollars
^Trading involves High Risk
^Not Financial Advice
^Please exercise Risk Management
**If you like my daily Published Ideas
**A little help by supporting my Channel
**Through leaving a Thumbs Up, Comment & Follow
**Happy Trading! --> Thank you! :)
ETH/USDT (Test the Golden Fib?)ETH/USDT
-Ethereum is pulling back to the average after the recent BTC dump
-There is still -5% downward potential before it touches the major support
-The $400 area of support is a confluence of previous resistance, .618 Fib, and 100MA+200MA
-If ETH gets to this level, wait for any price reaction or rejection in here
-This will give you bias that this area is highly a strong support
-Potential swing point entry for upside continuation
ETH/USD (Bullish Daily Pattern?)ETH/USD
-price action has been making a series of Higher Lows
-and a clear flat area of resistance making an ascending triangle
-to confirm this pattern, we need to see a break above the area of resistance
-if that happens, buyers will start to jump in to move the price higher
-technically, bulls have the chance to win this game in my opinion
-but let us all wait for the confirmation before making a big decision :)
ETH/BTC (Trendline Retest, New Support?)ETH/BTC
-after the trendline resistance breakout last July 6
-it has now pullback to retest and flip into new support?
-I recommend buying in this area of confluence
-provided this zone will hold for a couple of days
-and bullish reversal signs are seen, this will add extra confirmation
-let us wait also if ETH will react on the 50D MA support
-for now, market observation is the key
ETH/BTC (Break Trendline Resistance?)ETH/BTC
-starting to break the trendline resistance
-two potential green candles today
-if the daily candle closes bullish green above the trendline
-there is a high chance of breakout to the upside
-our upside target the is a recent swing top
-stoploss is placed under 0.02444
ETH/USD (Early Sign of Breakout?)ETH/USD
-entering the 1st stage of a potential breakout stage
-holding above the candle body of new potential support
-currently, there is minor resistance at 225s
-we buy only if this minor resist is broken to the upside
-target upside is up to 288s
-the trading priority remains in the bullish side
ETH/BTC (Potential Trend Change on 4H chart?)ETH/BTC
-currently, the price action is trading just above old resist
-retesting the old resistance to turn into new support
-if we can break the minor resist at 0.0222 and closed
-the best position is Long and targets the swing top
-you may want to open an alert on Tradingview
-and wait until your plan is triggered
-have stoploss place under 0.0215
ETH/USDT (Retest Upward Trendline Support?)ETH/USDT
-ETH dropped to retest the upward line of support
-the price bounce up at least almost 3%
-the question now if we can see a retest of the previous top
-turning new resistance?
-if price action can't pass above 215
-and drop another then breaks the trendline support
-it will signal a potential reversal in the short term
-for now, it is a matter of a few days
-before we can conclude market change
-patience is still the key for the right entries
ETH/USD (Bearish Drop Below Channel)ETH/USD
-broke bearish below the channel box
-the price is trading on sideways
-this could be a potential bear flag
-and see a continuation to the downside
-or we could see a pullback to retest
-the lower area of the channel box above
-technically, the market is bearish short term
ETH/BTC (Bearish Short Term Trend)ETH/BTC
-broke major upward trendline support
-20ma and 50ma is now acting as a dynamic resistance
-if the current level will not hold
-next key support is at 0.0230s previous higher low
-if ETH can maintain this current levels
-we could see rise up to 0.025s
-market sentiment is bearish in the short term
ETH/BTC (New Support is Found?: 15% profit target)ETH/BTC
If we see ETH bounce again from the key support at 0.02 sats area.
It will be a good chance that new support is built and we can already expect new growth in the coming days.
Our initial target is at 0.023 sats and stop-loss below support green line.
ETH/USD (Bear break: 120 dollars target?)ETH/USD
ETH also drop below local support at 135 dollars, and the next immediate support would be around 120 dollars.
If ETH will continue to decline that is the target for the bulls to enter the market temporally and attempt to get up to 140 dollars again.
A stop-loss below 118 dollars would be ideal for Long positions. Bears may have controlled the market today.
Priority is down until we see a significant rally up.