ETH/USDT 8HOUR UPDATE BY CRYPTOSANDERS !!Hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) also slipped lower during today’s session, which can also be attributed to traders opting to secure gains.
Following a high of 1,669.02 on Tuesday, ETH/USD dropped to a low of 1,621.36 earlier in the day.
the world’s second-largest cryptocurrency fell close to a support point of 1,620.
Price has since rebounded, with ethereum trading at 1,631 at the time of writing, owing to bulls choosing to reject a breakout.
An earlier failed breakout attempt seems to be the reason for the decline, with the RSI unable to rise above a ceiling of 49.00.
Price strength now sits at 45.72, with a floor of 40.00 as a possible target for short sellers.
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ETHBTC
The key is whether support can be received 1626.47-1669.67Hello?
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(ETHUSDT chart)
(1M charts)
The key is whether the price can be maintained by rising above 1941.9.
If it continues to fall, we should look for support around 1312.55 and see if we can move higher along the uptrend line.
(1W chart)
The key is whether it can receive support and rise in the box range of 1340.12-1783.0.
(1D chart)
The key is whether it can receive support around 1626.47-1669.67 and rise above 1848.78.
If it falls from 1626.47, we need to check for support around 1519.34.
Like BTC, it is located near the middle of the overall chart.
I think there are upward expectations for ETH.
Therefore, when a full-fledged uptrend begins, it is expected that the new high (ATH) will be renewed like BTC.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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ETH/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) also edged higher during Friday’s session, with bulls pushing the price closer to the 1,700 level.
After trading at a low of 1,617.80 on Thursday, ETH/USD rallied to an intraday high of 1,657.30 earlier in the day.
gains have since faded, with the world’s second-largest cryptocurrency now trading at 1,626.05.
A failed move beyond a resistance zone of 40.00 seems to be one reason for the reversal, with the RSI now tracking at 37.41.
Should momentum continue to slip, a floor of 35.00 could provide a stable base, and if this fails, ETH could slip under 1,600.
I have tried to bring the best possible outcome to this chart.
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ETH/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) narrowly avoided a move below 1,600 over the last 24 hours, despite market sentiment seemingly remaining bearish.
Following a drop to a bottom of 1,603.03 on Sunday, ETH/USD climbed to a peak of 1,650.71 to start the week.
The price of the world’s second-largest cryptocurrency has since slipped, and as of writing is now trading at 1,633.67.
After almost dropping below 1,600, downward momentum eased as Ethereum’s RSI found a stable support point of 36.00.
price strength is now tracking at a reading of 36.79, with the 10-day (red) and 25-day (blue) moving averages on the cusp of an upward cross.
RSI remains above 36.00, there is a good chance that ETH will move above 1,700 in the coming days.
I have tried to bring the best possible outcome to this chart.
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ETHBTC ❗Caution❗One more for today will be ETHBTC chart.
The wedge is forming for a year now. Chances are, the next BTC move down, ETH and ALTS will go up and even make the breakout from this formation!
...However, I'm not too sure about this. Previous Trend support zone has been crushed fast enough and wasn't going to retest it back. Chances are still here, But...
We have another, Bigger Trend line all the way from the Bottom (I hope it was one, cause if not, the blood will be all over the place) And I am guessing we will have another big fall is Sep/Oct and there may be the prices we're not gonna see in a while most probably.
So, I suggest you to look closely, with caution, cause we're gonna see volatility in the next weeks.
Be aware. Envision.
👁️ A.I.Vision
Ethereum - 76% crash to 389 USD! (must see, bear flag)
My analysis shows an impressive crash is prepared on ETH after 427 days of consolidation in this bear flag on the weekly chart! It was a long time, and ETH has been going pretty much sideways. Now we have to expect huge volatility!
The trendline of the bear flag is clearly breaking down with an ABC Elliott wave corrective pattern, which strengthens the bearish bias. It also looks like a wedge, but a wedge should have a 5-wave structure (a leading diagonal Elliott wave pattern). So this is a bearish pattern, and a 76% crash is absolutely coming in the next few months.
You probably don't have too much time to think about what to do with your investments, but consider if you can handle a 76% crash on your spot or futures holdings. My recommendation is to sell, as it's too risky to hold it, and buying cheap ether later in 2024 is definitely juicy!
Now what is the target, and where will the bottom be on ETH? We have a strong confluence at 389 USD and 387 USD because this is the Fibonacci 0.618 level of the previous bull market on the LOG scale and also because this is a 1:1 Fibonacci extension from wave (A) -> wave (B) of the current bear market! What's more, we have a first point of control over the volume profile, which you can see on the left side of the chart.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I share my trades transparently and post trade setups privately.
As you know from my previous ideas, I expect Bitcoin to hit 10k next year. What would be really weird if BTC dropped and ETH rose? So 10k on BTC and 389 on ETH are my targets.
I also checked more altcoins, such as DOGE, SHIBA, XRP, and LTC, and none of them looked bullish. The best is to stay in USD.
Write a comment with your opinion, because I look forward to it!
Thank you, and for more ideas, hit "Like" and "Follow"!
ETH DROP VERY SOON (1D)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the ETH symbol.
One of the scenarios on the chart is a flat. If we get rejected from the red box to the bottom, we can have a big drop to the bottom
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
Need to make sure it is supported around 1597.70Hello?
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(ETHUSDT chart)
The key is whether it can rise with support around 1597.70.
If not, you need to make sure it is supported around 1294.46-1340.12.
As the decline progresses, there is a possibility that the HA-Low indicator on the 1D chart will rise and be created.
If an HA-Low indicator is generated, it is important to have support around it.
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Below BTC 29K, it is a section where BTC or ETH is intensively bought.
Therefore, it is recommended to proceed with the 1st purchase of altcoins from a mid- to long-term perspective.
Market cap charts appear to be in a slightly volatile state.
Therefore, we will publish the analysis of the Market cap chart when things are normal.
USDT is a stablecoin that shows great influence on the coin market.
As this USDT begins to gap down, the coin market appears to be entering a profit taking period.
So, for this state to end, USDT's downtrend must stop.
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(ETHKRW chart)
The key is whether it can rise with support around 2109000-2208000.
If not, you need to check if there is support around the HA-Low indicator on the 1D chart.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** The trading volume indicator is displayed as a candle body based on 10EMA.
Display method (in order of boldest)
More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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ETHBTC - global analysis !!!The control zone 0.029878-0.036701 was worked out normally.
There is usually a big correction in this zone!
Now the price is in the global zone 0.054249-0.080167
A global correction usually occurs in this zone!
The price of the total volume was 0.019435
The price of the zone volume is 0.074209
Expected growth to levels:
0.138136, 0.191691, 0.275869
ETHBTCThis is a 1D frame analysis for ETHBTC The current price was unable to sustain according to previous analysis and the price had more pullback after hitting the support line. However, the price is now close to the 4-hour support zone and we expect the price to move towards the next resistance line after hitting the support line and stabilizing above it. But keep in mind not to be hasty in making decisions and wait for the price to stabilize before entering into a trade.
ETH/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:-Ethereum (ETH) was also in the red during today’s session, as the price fell lower for a second consecutive day.
Following a high of 1,869.74 on Wednesday, ETH/USD slipped to a bottom of 1,845.49 earlier in the day.
Price slightly rebounded following the latest U.S. consumer price index, which marginally rose in July.
The recent volatility in ethereum comes as the RSI was unable to break out of a ceiling at the 51.00 mark.
Ethereum’s price strength is sitting at 49.12, with a price of 1,856.44.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
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Whether it can rise above 1870.09 is the keyHello?
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** The formula of the RSI indicator that composes the chart indicator has been changed.
** Therefore, support and resistance points are marked differently from previous charts.
** It is recommended that those who use this chart start by sharing the ideas published today.
(Reason for change: Changed the formula to be compatible with the index value of the exchange chart.)
(ETHUSDT chart)
Looking at the big picture, the question is whether it can rise above 1870.09-1933.53.
(1D chart)
The question is whether it can rise above 1857.66-1889.58.
If not, you should check for support around 1777.05 or the HA-Low indicator on the newly created 1D chart.
This is a period of volatility until August 11th.
So, after a period of volatility, we need to see if it can rise around 1870.09.
The StochRSI indicator is looking to enter the overbought zone, so if it fails to hold the price close to 1870.09, I would expect a bearish trend.
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(ETHKRW chart)
The key is whether it can be supported around 2431000 and rise above 2510000.
If it drops below 24231000, you should check for support around 2208000.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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ETH/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) rose marginally after the Paypal news, with the price moving away from a recent support point.
Following a low of 1,804.72 to start the week, ETH/USD jumped to an intraday high of 1,836.06 on Tuesday.
Despite the slight rise in price, ethereum continues to trade below a recent resistance level of 1,850.
A positive for bulls, however, comes as the 14-day relative strength index (RSI) broke out of its ceiling at the 43.00 mark.
Currently, the index is tracking at a reading of 43.88, with the next resistance zone near the 50.00 point.
In the event this target is reached, ETH will likely be back above 1,900.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) remained above the 1,800 level, despite bearish sentiment intensifying on Saturday.
ETH/USD dropped to a bottom at 1,817.41 earlier in today’s session, following a peak of 1,847.91 the day prior.
The decline saw ethereum drop close to Tuesday’s low at 1,812, which was the weakest point the cryptocurrency had hit since June 21.
This latest downturn comes as price strength moved below a key support point at the 43.00 mark.
the index is tracking at 41.57.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
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ETH UPDATE (2H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG 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
Important period of volatility : around August 13 (August 12-14)Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
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-------------------------------------
(ETHUSDT chart)
The trend has been changed by price volatility.
Accordingly, the next period of volatility is around August 13th.
The period of volatility that began around August 13th is likely to continue until around September 24th.
At this time, depending on whether ETH leads the coin market, the meaning of this volatility is expected to change.
What matters in this volatility period is whether it can break above the long-term downtrend line by moving higher above 1862.00.
Currently, ETH is showing signs of touching important indicators as it falls to the 1790.20-1862.0 zone.
Therefore, the important question is whether it can receive support and rise in the 1790.20-1862.0 section while passing through the volatility period around August 13th.
In the end, it is expected that the mid- to long-term trend will be determined by whether it is supported or resisted in the 1572.69-1879.61 section, which has been said to be an important support and resistance section.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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ETH/BTC - Ethereum: Ascending_Triangle◳◱ We've detected an Ascending Triangle pattern on the CRYPTOCAP:ETH / MIL:BTC chart. This pattern is a bullish indication and could indicate a potential trend reversal. The next resistance levels are at 0.06362 | 0.06446 | 0.0659 and the major support zones are respectively at 0.06218 | 0.06158 | 0.06014.
◰◲ General info :
▣ Name: Ethereum
▣ Rank: 2
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Poloniex, Mexc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Ethereum is a distributed blockchain computing platform for smart contracts and decentralized applications. Its native token is ether (ETH), which primarily serves as a means of payment for transaction fees and as collateral for borrowing specific ERC-20 tokens within the decentralized finance (DeFi) sector.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.06383 ₿
▣ 24HVol: 602.903 ₿
▣ 24H Chng: 0.33%
▣ 7-Days Chng: -1.65%
▣ 1-Month Chng: 1.79%
▣ 3-Months Chng: -2.51%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.06362 | 0.06446 | 0.0659
◢ Support: 0.06218 | 0.06158 | 0.06014
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -0.23
▣ Last 90D: 0.03
▣ Last 1-Y: 0.53
▣ Last 3-Y: 1.11
◲◰ Volatility :
▣ Last 30D: 0.39
▣ Last 90D: 0.41
▣ Last 1-Y: 0.64
▣ Last 3-Y: 0.89
◳◰ Market Sentiment Index :
▣ News sentiment score is 0.40 - Bearish
▣ Twitter sentiment score is 0.53 - Bullish
▣ Reddit sentiment score is 0.53 - Bullish
▣ In-depth ETHBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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