#ETH/USDT 1DAY UPDATE BY CRYPTOSANDERSWelcome to this quick ETH/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello members, welcome to our ETH/USDT 1 day update
As we can see in the above chart that it broke the upper trend line and traded above the red ma, we are expecting hare it to retest the upper trend line which will be the confirmation for an uptrend in the daily time frame.
If it retests then the green zone then it will be the zone to go for long.
If it brakes down the trend line and red MA it will be the invalidation of this chart.
entry:-$2770,$2870
target:-30% to 40%
stop-loss:-Red MA brakes
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
Ether
Ethereum (ETHUSDT) | The best scenario for climbing📝Hello traders, Ethereum in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
Based on the count we had for this currency, the 1st, 2nd and 3rd major waves are over, and we called the four-wave the main 4 wave, considering that the trend was not formed in the direction of the 3rd major wave.
In previous analyzes, we compared wave 4 with wave 2 and said that this wave was shallow and short in time compared to wave 2, which was deep and time consuming.
... But given the recent descent of wave 5 from c zigzag, it changed the notion that wave 4 would be a shallow wave, as well as the structure we had in mind for the wave.
Our view now is that wave 4 is formed in the form of a zigzag, which is almost complete, or in the form of a flat, the c wave of which will be shorter than the other waves.
Generally:
We are inside wave b of flat or wave 1 of 5. (And the structure is very far from expected within the x-wave)
Defining the recent trend, considering the 0.88% decrease of wave b compared to wave a, we assume that the pattern will be more like a flat, and from this flat-wave-b- is being formed.
Wave b probably completes its waves a and b and now forms wave c, and to completely confirm this wave, it is necessary to completely break the bottom of the channel.
If the downward warning range is broken, we are still in the descending phase.
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ETHUSDT Symmetric Triangle Formation!ETHUSDT Technical Analysis update
ETHUSDT currently trading at $2880
Ethereum formed a symmetric triangle in 4h timeframe, and volumes are slightly increasing, we can expect an up move in ETH.
Swing trade setup
Long Entry : $2800 - $2900
Stop loss : $2575
Target 1 : $3200
Target 2 : $3500
Target 3 : $3750
Target 4 : $4000
Always keep stop loss
Thanks
Hexa
Ethereum Consolidates Near $2,800An immediate resistance on the upside is near the $2,800 level. The first major resistance is near the $2,830 level. Ether price must clear the $2,800 and $2,830 resistance levels to start another increase. In the stated case, the price may perhaps rise towards the $2,880 level. Any more gains might call for a move towards the main $3,000 resistance zone in the coming sessions.
Ethereum at Trend Line Resistance? Ethereum - Intraday - We look to Sell at 2838 (stop at 2901)
Daily signals are bearish. 50 1day EMA is at 2820. Prices expected to stall near trend line resistance. Reverse trend line resistance can be seen at 2840. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Our profit targets will be 2686 and 2616
Resistance: 2880 / 3000 / 3050
Support: 2740 / 2700 / 2600
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
ETHEREUM IS CLOSE TO THE RESISTANCE.Welcome members to this update on ETH.
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.
Let's get back to the chart.
ETH rallied as expected and the current price is close to the resistance level. This is the same trendline that ETH failed to breakthrough thrice. Will it be different this time? Well, before jumping to a conclusion let us analyze this chart.
In this 6 hours chart, ETH is in the symmetrical triangle pattern, and usually, in this type of pattern, the breakout direction is not fixed. It could break in either direction. If you pay close attention to this chart then you will observe that both the trendline are getting closer which means we are reaching the edge of this triangle pattern.
According to my analysis, I believe that ETH should show a retest from this level, pull back towards the $2.4k range, and then bounce back. The reason why I am considering this move is that ETH is already at the upper trendline, and RSI is in the overbought zone.
Let me know what you think about this idea and if you like it then do share the link wherever you can. Let this idea reach as many traders as possible.
I will cover more on this in the coming days until then stay safe and trade well.
Thank you.
Ethereum Sell a Break Setup.Ethereum - Intraday - We look to Sell a break of 2568 (stop at 2641)
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
2570 has been pivotal.
A break of the recent low at 2574 should result in a further move lower.
Bearish divergence is expected to cap gains.
Our profit targets will be 2381 and 2321
Resistance: 2750 / 2815 / 2900
Support: 2570 / 2500 / 2400
ETH Sell the trend of lower highs.Ethereum - Intraday - We look to Sell at 2928 (stop at 3001)
Daily signals are bearish.
Trend line resistance is located at 2928.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 2751 and 2671
Resistance: 2820 / 2950 / 3050
Support: 2700 / 2600 / 2500
Ethereum: Intraday Trend Line SupportEthereum - Intraday - We look to Buy at 2502 (stop at 2434)
The trend of higher lows is located at 2480. 2501 has been pivotal. The previous swing low is located at 2444. We look to buy dips.
Our profit targets will be 2676 and 2736
Resistance: 2680 / 2800 / 2900
Support: 2550 / 2500 / 2400
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
ETH - Daily Signals are BearishEthereum - Intraday - We look to Sell a break of 2479 (stop at 2551)
Daily signals are bearish. A break of the recent low at 2484 should result in a further move lower. Bespoke support is located at 2500. There is no clear indication that the downward move is coming to an end.
Our profit targets will be 2311 and 2261
Resistance: 2680 / 2800 / 2900
Support: 2500 / 2400 / 2300
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
ETH TA 6 MARCH 2022ETH is currently trading at some resistance level 2642. ETH is still looking bearish just like BTC and I expect it to go down to 2400 level in the coming week. For trading on this movement pay close attention to BTC price as ETH will follow the price of bitcoin. Always use proper risk management and trade at support and resistance levels, don't trade inbetween support and resistance levels.
ETHUSD Alternate Bear ViewPerhaps I have been looking at ETHUSD wrong so far, and have been dismissing the bear calls. We may have already seen the top. As suggested by this chart.
Similarities on the MACD can be correlated to points in ETHUSD's history
The last time we saw a sharp dive on the MACD like this was at the end of the last bull run
Bears will control the market if the MACD fails to make a successful bull cross on this weekly timeframe
A bull view
ETHUSD Critical AreaETHUSD Is at a critical price point, this has been seen as a line of support using this indicator in the past
If it repeats and bounces off bullishly, we will be seeing some big moves coming up
The MACD shows similar inverse H&S structures, in the rectangles are the seen and expected move for the MACD's future.