Short-term buying tendencies have not yet disappeared!In the four-hour time frame, until the price creates a close below the $1,226-$1,208 range, short-term buying tendencies have not yet disappeared.
Breaking above $1260 can be a warning for buyers to regain strength and continue this growth up to $1330-1345.
If the mentioned support is lost, it can be expected to continue to decrease to the range of 1100 dollars.
ETHBTC
ETH - The most bearish pattern is confirmed!
This is a very bearish 3-wave corrective pattern (WXY) double ZigZag. This pattern is now confirmed, and ETH could drop significantly!
It's not looking good for ETH at all. The bear market is strong, and ETH can potentially reach levels below 1000 USD.
The most important yellow trendline has been destroyed by the bulls, and the bears are back in full force!
I recommend longing ETH at the 0.618 FIB for quick gains. 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 post trade setups privately.
The ECB (European Central Bank) recently warned us about a massive crypto crash; this could be true.
1235 USD is a key level, and the bulls weren't able to sustain it! This level was important because it was the peak of the first wave (W). The possibility of an impulse wave has been invalidated for good.
I hope you guys are doing great and take care!
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Can the selling pressure break the supports one after another?Ethereum reversed yesterday and attempted a pullback to the $1,270-$1,300 resistance, which was accompanied by a negative reaction.
If Ethereum fails to start another increase above the $1,275 resistance, it could continue to move down. Initial support on the downside is near the $1,220 level.
If there is a break and a close below $1,220, the price could drop toward the $1,165 support area. If the selling pressure can cause a complete break of this range, the further decrease in the price of Ethereum can continue to the number of $1,100.
Unique Update Of EthereumHello, welcome to this ETH /USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Ethereum
In addition to bitcoin, ethereum (ETH) was also in the green to start the week, as prices edged closer to $1,300.
ETH/USD rose to a high of $1,302.24 earlier in today’s session, less than 24 hours after falling to a low of $1,253.16.
As a result of this, the world’s second-largest cryptocurrency has now marginally broken out of a long-term resistance point of $1,300.
Similar to the trend on bitcoin’s chart, Ethereum's moving average (MA) of 10 days (red) continues its upwards ascent versus the 25-day MA.
The 14-day RSI has also climbed, with the index tracking at 52.87, which is above a ceiling of 52.00.
Once bulls are finally able to break this current wall, the next target for traders will likely be the $1,350 point.
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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Whether it can rise above 1340.12 is the keyHello?
Traders, welcome.
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-------------------------------------
(ETHBTC 1W Chart)
The question is whether it can rise to around 0.080311.
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(ETHUSDT 1W chart)
It will be a question of whether the price can sustain the rise above 1340.12.
Therefore, you should check if you can break out of the downtrend line.
(1D chart)
By rising above 1274.63, we need to see if we can show an uptrend above the uptrend line.
As we are currently in a period of volatility (Dec 5-7), we need to be cautious in our trades as we may see some swinging movements up and down.
Since the price is maintained above the HA-Low line and above the MS-Signal indicator, which is a condition for turning into an uptrend, it is expected that the possibility of showing an uptrend will increase if the volatility period passes as it is.
If it declines, it is important to find support above 1198.26.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
ETHBTC: Bitcoin will outperform Ethereum unless this line breaksThe ETHBTC pair on a 1W basis has been trading sideways this past month. The 1W MA50 (blue) is supporting. With also have another two rising Support levels, the Higher Lows trend-line A (started on Dec 26th 2016) and the Higher Lows trend-line B (started on December 23rd 2019).
The Resistance Zone since May 10th 2021 is holding and only if this level breaks, can we see an immediate rally on ETHBTC. Until we do, it is more likely to see Bitcoin outperform Ethereum as the candle action since March 2022 is similar to the one from September 2018 - May 2019. The 1W RSI is a testament to the repetitive nature since March 2016.
If we get a repeat, that would make a bottom on Higher Lows trend-line A and then steadily rise on Higher Highs and Higher Lows.
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ETH to drop hard?Please 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free.
Ethereum broke down this triangle📐 and I think there is chance for run to 973 and even lower. Setting SELL LIMIT order to previous range low @ 1233 to catch🎣 the pullback. The low @ 1172 is going to be critical, bulls do need to defend this level if they want to spoil the bears' party.
ENTRY : 1233
STOPLOSS (SL) : 1292
TARGET (TP) : height of the triangle projected from midpoint of the previous range (pink line in the middle) @ 973
REWARD RISK RATIO (RRR) : 4.4
INVALIDATION : when STOPLOSS level hit
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#ETHBTC primed to launch. Setup for #Ethereum in the high teens!#ETHEREUM has put in the work
#Vitalik is the best value creator in the #crypto industry bar possibly CZ of #BINANCE
0.21 #BTC per Ethereum at Bitcoin's old high of 69k
= approx $15,000
Bitcoin to drive past these old high's really puts Ethereum into the stratosphere.
@TheCryptoSniper
@TheMarketSniper
It is now trying to break the resistance area!Ethereum gained bullish momentum and cleared the $1,230 resistance zone. The price now trades above $1,230 and the 100 hourly simple moving average. It is now trying to break the resistance area at $1287. If it can break and holds above this zone, we will see a move toward the next target area at $1400-$1420. The major support area is $950-$1000.
Unique Update Of EthereumHello, welcome to this ETH /USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:- Ethereum (ETH) also moved higher on Tuesday, ahead of the U.S consumer confidence report.
The Conference Board consumer confidence survey is expected to come in at a reading of 100, which is marginally below October’s reading of 102.5.
ETH/USD was back above $1,200 on Tuesday, hitting a high of $1,216.52 earlier in today’s session.
As can be seen from the chart, the move, which ended two straight days of losses, pushed ethereum to its highest point since Saturday.
Overall, this move comes as the RSI raced above its point of resistance at 43.70, and it is currently tracking at 46.10 as of writing.
A ceiling of $1,230 now awaits ethereum bulls, and should they overcome this hurdle, a move toward $1,300 will be on the cards.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Ethereum (ETH) - November 30Hello?
Traders, welcome.
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-------------------------------------
(ETHBTC 1W Chart)
The key is whether it can rise above 0.080311 to release the bullish force.
----------------------------------------
(ETHUSDT 1W chart)
The question is whether it can rise to around 1741.38.
To do so, we need to check if it rises above 1340.12.
(1D chart)
The HA-Low branch is formed at 1198.26.
Therefore, if the price rises above the MS-Signal indicator and maintains the price, it is highly likely that it will turn into an uptrend.
To do so, it is important to get support by rising around 1274.63-1340.12.
If not, we expect a decline around 924.52-995.13 and we need to think about how to counteract that.
The next period of volatility is around December 6th.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
ETH is not a security, the ususal strength, and bearish outlookWhile Bitcoin set a new low in November 2022, Ethereum failed to do so. Instead, the selling pressure stopped two times around 1070$, constituting a significant support level. Subsequently, the price broke above the sloping resistance (now the sloping support) and rose to 1234$ before reversing lower.
Over the past few months, this strength of Ethereum (compared to Bitcoin) has been shown in numerous instances, and it marks nothing out of the ordinary. Therefore, we continue to be bearish on Ethereum and maintain our price targets at 1000$ and 900$. As to an attractive price entry, we also maintain a notion (one reiterated since the summer) that the current price level is risky. In our opinion, the attractive price for shorting stays between 1500$ and 1600$.
*As a matter of fact, yesterday, Belgium’s financial regulator declared that Ethereum and other cryptocurrencies without an issuer are not securities. That should provide more clarity for future cryptocurrency projects in the European country.
Illustration 1.01
Illustration 1.01 displays the daily chart of ETHUSD. The yellow arrow indicates the bullish breakout above the sloping resistance (now sloping support).
Technical analysis - daily time frame
RSI is turning bullish. MACD made a bullish crossover below 0 points. and Stochastic is neutral. DM+ and DM- are bearish. Overall, the daily time frame is bearish.
Illustration 1.02
Illustration 1.02 shows the daily chart of ETHUSD and simple support/resistance levels.
Technical analysis - weekly time frame
RSI is neutral. MACD points to the upside but stays in the bearish area. Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is bearish.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
ETHUSDT in the range short-term moveIf ETH breaks the resistance at 1230$, we should see a move towards the next key resistance which is at 1290$ .
Currently the price remains in the mid of the range. Pullback to the bottom of the range is still possible.
2 scenarios visualized on the chart.
Break below the support (green line) would be an invalidation . Stop loss in place is highly recommended . Good luck
Ethereum (ETH) - November 27Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(ETHBTC 1W Chart)
I need to see if it can close above 0.072484.
And, the key is whether it can continue its upward trend along the upward trend line.
--------------------------------------
(ETHUSDT 1W chart)
Being supported in the 924.52-1196.81 section and being able to rise above 1340.12 is the key.
(1D chart)
It is necessary to confirm that it can receive support around 1196.81 and rise above the MS-Signal indicator.
If it fails to rise above the MS-Signal indicator, a decline near 924.52 is likely.
If the decline holds the price above 1128.53, I expect another attempt to break the MS-Signal indicator.
It is important to maintain the price by rising above 1274.63 because it must rise above the HA-Low and above the MS-Signal indicator to turn into an uptrend.
The next period of volatility is around December 6th.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
#Ethereum Buyers Expect a Retest of 0.080 BTC, Uptrend ValidPast Performance of ETHBTC
ETHBTC remains wavy in a broad, multi-week trade range as Ethereum bulls dominate. Per the performance in the daily chart, there could be more for buyers to gain in the days ahead, considering the general resilience of ETH bulls. Therefore, guided by this, every low above 0.065 BTC, or October lows, may offer support to optimistic buyers angling for a retest of September 2022 highs.
#ETHBTC Technical Analysis
ETH is up roughly 10 percent from October 2022 lows versus Bitcoin, per the formation in the daily chart. Coincidentally, the 0.065 BTC support line also flashes with the 61.8 percent Fibonacci retracement level of the June to September 2022 highs. While ETH buyers stand a chance and optimistic buyers can load on dips, targeting November highs at around 0.080 BTC, there must be sharp gains reversing November 8 and 9 losses. Ideally, conservative ETH bulls can wait for a clean break above 0.080 BTC to hitch the ride to 0.085 BTC. Losses below this week's lows may easily see BTC buyers take charge; forcing prices back to 0.065 BTC.
What to Expect with #ETHBTC?
Ethereum traders are confident, expecting trend continuation, especially if bulls continue soaking in selling pressure and reversing losses of the second week of November. As long as prices hold above 0.068 BTC and this week's low, ETH prices may bounce higher toward November highs.
Resistance level to watch out for: 0.080 BTC
Support level to watch out for: 0.068 BTC
Disclaimer: Opinions expressed are not investment advice. Do your research.
Ethereum vs Bitcoin Bullish Bias Wins!This is a nice chart, completely different to all other altcoins... Let's dive in.
Ethereum vs Bitcoin (ETHBTC) managed to move and close above MA200 (conquered) back in July 2022, at this point the bulls gain control of the chart.
From September through October MA200 is tested as support and holds.
Really high volume shows up late October to confirm this level as being conquered.
Then again in mid and late November MA200/EMA300 are tested again and holds... Many tests, the bulls are ready!
Now we see prices moving above EMA10.
Bullish indicators... Time to grow!
ETHBTC stays bullish above MA200/EMA300.
ETHBTC goes bearish below these levels.
Very simple.
The bias/pontetial is up.
Namaste.
Ethereum - 28% crash is almost ready! (descending triangle)
On ETH, the current market structure is extremely bearish. We can spot a descending triangle projection on the 4h chart, so for now the probabilities are for it to go lower.
I believe the market wants to wipe out all stop loss orders above the swing high at 1234 USD, which is also at the 0.618 FIB. This is a great level to open a short position on futures.
I will short all pumps on ETH until we reach 882 USD, the previous swing low from June 18th, 2022. Ethereum is pretty weak compared to other altcoins, and I am not surprised at all.
As per my Elliott Wave analysis, the A wave is a 3-wave corrective structure. The bears are strong, and they want to push the price lower.
Crypto will continue in the biggest crash in history. ETH can reach 400 USD next year, and BTC can reach 10 000 USD next year.
I am naturally bearish on this chart, because why not? What is bullish here, let me know in the comment section!
This is a brief and clear update. I hope you like it! I am not falling for this mini uptrend on the 1h chart.
Ethereum Analyze (Road Map)!!!🗺️Today I want to talk to you about the Ethereum Road map, so stay with me.
Ethereum is moving in its main wave 4, and I marked the end of main wave 4(zones) on my chart. Of course, there is a scenario in that Ethereum has finished the main wave 4 and is at the beginning of main wave 5. To confirm this, we need to confirm a series of events, such as: issuing a buy signal by SMA 50 and EMA 50 and, in the next step After, issuing a buy signal by SMA 100 and EMA 100.
Also, if Ethereum can break(valid) the resistance line, we can be sure of the completion of the main wave 4.
Ethereum Analyze ( ETHUSD ) Weekly Timeframe⏰.
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ETH/USDT 4 HOUR UPDATEHello, welcome to this BTC /USDT 4Hr chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
CHART ANALYSIS:- In the 4-hour timeframe, a descending wedge pattern was formed during the past few months, and the price is testing the lower boundary for the third time.
This is known as a bullish continuation consolidation pattern in the classic price action methods. However, an existing imbalance between the $1347 and $1420 price levels should be tested before the next impulsive move.
And yet, according to the overlap of the lower boundary of the wedge, as well as the powerful support level at the $1K region and the untested imbalance, the price seems more likely to undergo a short-term reversal toward the wedge’s upper boundary.
Nevertheless, the upcoming price action should decide Ethereum’s direction for the mid-term
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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