Ethforecast
Financial Wave. ETHWe have slightly corrected our priority scenario in ETH. After breaking through the level of $1330, the next ascending wave (v) the target is at the level of $1368. We allow a correction in wave (iv) if it is not completed, but the price shouldn’t t fall below $1277. A price drop below this level will cancel our scenario.
Ethereum breakout soonEthereum is creating a textbook wedge pattern, indicating a breakout soon. The only question remains, to which side?
In my experience, these types of patterns are bad in prediction the direction of the next move. The way I use them is to guess on when the next move may occur. And as far as i'm conserned, we're nearing the end of this pattern, indicating we can expect something to happen this month.
Now to give an indication for a direction: my bias is actually to the upside. We'll get a confirmation when the price is able to break the resistance zone. If we see a rejection, then the price is more likely to break bearish.
Fetch Trends indicator may also flip to an uptrend by tomorrow, giving a higher probabilty the price will breakout to the upside.
If you turn on the Fetch Trends indicator, and turn on the moving averages in the settings, then you're able to see that we may flip bullish tomorrow. You're able to find the indicator here .
ETH/USD Critical Breakout Level of 3 Year Structure!Hello Traders,
Haven't made a post in a year since I called the top of the last bull-run (you can see it in the linked ideas).
This post is an alert to anyone watching the macro of crypto. A confluence area of .786 Fibonacci retrace, 2018/2019 all-time high, a year old supply line breakout, and 3 year old support line is where the asset is currently priced.
As of yesterday, we have broken the supply line to the upside.
Now, to me, this does not mean buy immediately, but it does mean we need to monitor the price action for the next month or so. Any confirmation of a breakout whether that be a backtest or a pump may indicate that the bottom is in.
Price target for next ETH bull-run is $7,000 - $12,000+.
Don't believe me? That's okay, who buys crypto going into a telegraphed recession anyways?
This post is for clout so I can flex on my friends two years down the line at the top of the bull cycle 😁
All the best,
dysonring2050
ETH/USDT 4 HOUR UPDATEHello, welcome to this ETH/USDT chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-ETH continues the sideways movement. The market is loading for a big impulsive move. The trading range major support is the $1160-$1170 area and major resistance is the $1230-$1240 area. Plan your trades accordingly.
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
ETH/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ETH /USD 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:- Ethereum (ETH)
Another week has passed with little excitement for Ethereum investors as volatility was low – likely due to the Christmas holidays. However, ETH’s price did fall by 2% in the past seven days. This is a negligible move in the price, which still remains in a flat trend.
This cryptocurrency remains stuck between the key support at $1,160 and the resistance at $1,240. This channel is intact for the second half of December, and it is unlikely to be broken with the New Year celebrations around the corner.
Looking ahead, the volatility is more likely to return in January 2023. So long as the support levels above $1,000 hold, Ethereum has a chance to break away and attempt to make a higher high. The alternative would see it fall to a three-digit price.
This is not a piece of financial advice.
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📉✌ETH 2H Long position✌BINANCE:ETHUSDT
COINBASE:ETHUSD
First, take a look at my previous analysis.
Between now and inside the yellow area below, you can open a long position in two steps.
TP1-2-3-4-5-6-7 are on the chart.
The optimum stop-loss is on the chart.
Please share ideas and leave a comment,
let me know what you think.
CrazyS✌
ETH/USD 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ETH /USD 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Ethereum (ETH)also consolidated in today’s session, with bulls managing to keep prices above the $1,200 level.
Following a low of $1,208.03 in Tuesday’s session, ETH/USD was marginally higher on Thursday, as it rose to a peak of $1,219.61.
The move sees the world’s second-largest cryptocurrency continue to be a stone’s throw away from a ceiling at $1,230.
Despite the prospect of higher highs, overall momentum seems relatively bearish, with the 10-day (red) moving average extending a crossover with its 25-day (blue) counterpart.
As can be deduced from the chart, the RSI also looks set for a downtrend, as it failed to break out of its current ceiling at 47.00
In order for bullish sentiment to return, it is likely that a move beyond this resistance will need to take place.
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
Financial Wave. ETHAfter ETH reached $1350, the growth was completed. We considered this variant in previous reviews as a preferable and made minor changes to the markup on higher waves. Our priority scenario in ETH is the completion of the price drop in wave II at $1124. This move should complete the correction before the uptrend. If the price moves up above $1275, we will revise our markup.
Unique Update Of EthereumHello, welcome to this ETH /USD 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Ethereum (ETH) was also lower on Friday, as the world’s second-largest cryptocurrency fell closer to the $1,200 mark.
ETH/USD hit a bottom of $1,210.35 earlier in the day, which comes after trading at a high of $1,291.32 on Thursday.
Today’s drop sees ethereum move lower for a third consecutive session, breaking out of a key resistance level of $1,230 in the process.
As of writing, ETH is nearly 5% lower than yesterday’s peak, with the RSI tracking at 43.50, which is near a key floor.
This point of support is at the 42.00 mark and hasn’t been reached since November 28, when ETH was below $1,200.
Should price strength continue to head toward this bottom, there is a strong possibility that ethereum will be trading under $1,200.
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
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 edged lower in today’s session, with prices falling for a second straight day.
Following a high of $1,252.30 on Wednesday, ETH/USD dived to a low of $1,224.45 earlier in the day.
Today’s drop in price pushed ethereum below a recent support point at the $1,230 level, with prices hitting a nine-day low as a result.
Looking at the chart, the 10-day (red) moving average remains high, which some see as a signal that a bullish reversal could still be on the cards.
Despite this, momentum seems bearish, with the RSI tracking at 46.72, which is its lowest point since November 29.
The index now appears to be heading towards a support point at the 45.00 level.
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
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) was also in the red during Tuesday’s session, as a result of a failed breakout to start the week.
ETH/USD fell to a bottom of $1,252.47 earlier in the day, which comes as bulls were unable to sustain a surge above the $1,300 mark.
As of writing, ETH is currently trading at $1,264.00, which is nearly 3% lower than Monday’s peak of $1,302.24.
Like with bitcoin, today’s decline in ethereum comes as the RSI moved below its ceiling at the 52.00 level.
Currently, the index is at a reading of 50.18, with the world’s second-largest cryptocurrency trading at $1,263.60.
The 10-day (red) moving average continues to hover above its 25-day (blue) counterpart, which typically is a sign of pending bullish sentiment.
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.
CHART ANALYSIS:-Ethereum (ETH) was also in the red on Saturday, as the price of the world’s second-largest cryptocurrency fell below a key resistance point.
Following a high of $1,299.84 on Friday, ETH/USD fell to a low of $1,275.09 earlier in today’s session.
This drop sees ethereum move below its recent ceiling at the $1,285 level, despite a recent upwards crossover of the 10-day (red) and 25-day (blue) moving averages.
Looking at the chart, today’s drop came as the RSI fell below its long-term support point at 51.70. It is now tracking at 51.42, as of writing.
Traders still seem to be optimistic about a potential move above $1,300, however, the RSI will likely need to surge beyond the 52.00 mark.
Should this happen, and the momentum of the moving average climb higher, then we could see ETH move towards a ceiling of $1,370.
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
ETH will crash more than Bitcoin!Hello, everyone!
Ethereum still have not broken it’s low at $900 while Bitcoin is falling in the hell. A lot of traders suppose that ETH is strong asset. Of course it’s a lie and all these traders will be disappointed when it crashs.
Let’s take a look at the 1D time frame ETHUSDT chart of the WhiteBit exchange. The price now is still forming the wave 3 as I can measure the target using Fibonacci extensions this dump will be stoppe only at $800 before any significant correction. If we consider this price as the wave 3 bottom the target for the wave 4 is approximately $1200 – 0.5 Fibonacci retracement. The most conservative target for the wave 5 is this case is $500 using the Fibonacci extensions again and I have no doubts the tahe price will come there in 2-3 months. Let’s wait for this sweet price to invest our money.
Best regards, Ivan
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.
Thank you
📉✌ETH 3H Short position✌📈BINANCE:ETHUSDT
COINBASE:ETHUSD
Hey everyone, first take a look at my previous analysis and positions.
Between now and the yellow area, you can open a short position in two steps. (If the price stays under the trendline)
If the price falls and reaches the risk-free level, you can risk-free the position.
TP1-2-3-4-5-6-7-8 are on the chart.
The optimum stop-loss is above the determined area.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
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
ETH/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, 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 lower to start the week, with prices once again moving under $1,200.
Following a high of $1,218.51 on Sunday, the world’s second-largest cryptocurrency dropped to a low of $1,162.19 earlier today.
The decline pushed ETH/USD below a key support point of $1,180 and came as the RSI failed to break out of a long-term resistance level.
As can be seen from the chart, price strength was unable to fully move beyond a ceiling of 43.00, and is currently tracking at 40.62.
In addition to this, the 10-day (red) moving average has shifted direction, with momentum once again downward facing.
Overall, a target of $1,070 appeared to be a likely destination for bears, should momentum continue to decline.
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