#ETH/USDT 1DAY UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH UPDATE:-Ethereum is moving within a descending channel (in blue) on the daily chart. This resistance line has prevented further growth since registering its all-time high. When the price last hit the channel’s top in August, it suffered a drop to $1,422 as a consequence.
The scenario for the Relative Strength Index (RSI 30d) is comparable. The descending line (in white) that has formed over the last 12 months is acting as resistance.
To fulfill the two important goals — breaking out of the channel and overcoming the horizontal resistance at $1,800 — the bulls must now drive the price above that level (in red). This coincides with gaining momentum above the descending line in the RSI.
On the other hand, if the Merge turns out to be a sell-the-news event, investors should be ready for heightened pressure that could send the price back to $1350 and even lower.
Support Levels: $1420 & $1350
Resistance Levels: $1800 & $2100
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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Ethforecast
ETH Daily TA Neutral BullishETHUSD Daily neutral with a bullish bias. Recommended ratio: 55% ETH, 45% Cash.
* The Merge is scheduled for launch on Ethereum's Mainnet at ~1pm EST 09/14/22 . The Sixth Beige Book (of 2022) confirmed what has already been the theme for Fed speakers this quarter ; that we are likely to see slower economic growth in the near to medium term, the labor market is getting tighter, and that even though inflation is showing signs of moderating, it still has a long way to go before we are to see any rate cuts. The 10th GDPNow Q3 US GDP came in today at 1.4% , down from 2.6% on 09/01/22. Key Upcoming Dates: August CPI at 830am EST 09/13; The Merge (Ethereum) at 8am EST 09/14; FOMC meeting 09/20-09/21 (Statement Released at 2pm EST on 09/21).*
Price is currently attempting to form a Morning Doji Star Pattern as it defends $1500 in preparation for The Merge next week; if tomorrow's session PA results in a Bullish Engulfing Candle this would be bullish. I have also revised the uptrend line from 06/18/22 and it now reflects support at ~$1550. Volume is Moderate and is on track to favor buyers if it closes today's session in the green; this would also make three of the past four sessions buyer dominant. Parabolic SAR flips bearish at $1427 support, this margin is mildly bearish at the moment. Stochastic remains bullish and is currently trending sideways at 81 resistance. MACD remains barely bullish for the second consecutive sesision and is currently trending sideways at -26. ADX is currently trending down at 14 as Price is attempting to defend $1500, this is neutral at the moment.
If Price is able to close today's session above ~$1520 and then follow that with a Bullish Engulfing Candle in tomorrow's session, this would be indicative of a bullish continuation that would likely have it retest the 50 MA at ~$1655 as resistance leading up to The Merge. However, if Price breaks down out of the uptrend line from 06/18/22 (~$1550) then it will likely retest $1427 support . Mental Stop Loss: (two consecutive closes below) $1500.
#ETH/USDT 1DAY UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH UPDATE :-
Ethereum (ETH) was also lower during Saturday's session, as the coin fell below $1,600 once again.
After Friday's high of $1,643.18, ETH/USD declined by almost $100 to a low of $1,542.30.
As bearish sentiment returned to crypto this fall, Ethereum broke its own support at $1,550 to start the weekend.
The earlier downtrend has now subsided, as profit takers opted to give up their positions as opposed to keeping the trades open.
Although the prices have risen above the previous levels, there are some who fear that there will be further downside.
If the market volatility continues to trend downwards, the bears are looking at the lower $1,420 level as a potential target.
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
#ETH/USDT 4Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USDT UPDATE:-
Hello, Guys ETH/USDT Update As we can see it was trading inside a wedge pattern and breakout confirm request Now a white parallel channel is acting as strong resistance in front of ETH if it breaks We expect ETH/USDT to be $2k.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
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ETH Daily TA Cautiously BearishETHUSD Daily cautiously bearish. Recommended ratio: 25% ETH, 75% Cash.
*Cryptos are continuing to sell off into the weekend as investors flee to DXY and US Treasuries amidst renewed global recession fears. The Merge is still scheduled for launch on Ethereum's Mainnet on 09/15/22 . Key Upcoming Dates: S&P US August PMI at 945am EST 08/23; US Q2 Final GDP Estimate at 830am EST 08/25; US July PCE at 830am EST 08/26; UofM Final August Sentiment Survey Index at 10am EST 08/26; Jackson Hole Economic Symposium on 08/25-08/27.*
Price is currently trending down at ~$1575 as it approaches a test of the 50 MA as support at ~$1530 (which would coincide with the uptrend line from 06/18/22). Volume remains Moderate (high) and is on track for a second consecutive day of seller dominance if it closes today's session in the red. Parabolic SAR flips bullish at ~$2000, this margin is mildly bullish. RSI has broken through three critical supports and is currently trending down at 40 as it approaches 37 support. Stochastic remains bearish and is currently testing max bottom. MACD remains bearish and is currently trending down at 50 as it approaches 28 support. ADX is currently trending down at 30 as Price continues to fall, this is neutral at the moment.
If Price is able to bounce here then it will likely test $1711 minor resistance . However, if Price continues to break down here, it will likely test the 50 MA at ~$1530 as support which would likely coincide with the uptrend line from 06/18/22 at ~$1500 as support . Mental Stop Loss: (one close above) $1711.
#ETH/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USDT UPDATE !!
ETH broke the local support and as expected dumped towards the $1600 support area. This is the key level to hold otherwise we see a heavy sell-off in the market. The next major support is the $1400-$1450 and Ethereum resistance area $1731 -$1832
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
#ETH/USDT 4Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USDT UPDATE !!
ETH/USDT rising wadge channel is broken and support 100MA is likely to bounce back ETH /USDT
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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#WEEKLY UPDATE ETH/USDHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USD UPDATE!
ETH Weekly Update Me ETH is trading above 200 MA we can do that ETH holds 200 MA support but RSI is showing SUPPORT for ETH if ETH can bounce from here and altcoin can bounce fast.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
ETH Daily TA Neutral BearishETHUSD Daily neutral with a bearish bias. Recommended ratio: 47% ETH, 53% Cash . * The PBOC (Central Bank of China) cut key lending rates for a second time this year (to the surprise of many) in response to weak economic data (worsening July credit, retail, industrial and property sector data) that projects China to miss its first GDP growth estimate since 2015. Considering the impact of China's economy on the global scale, fears of a pending global recession were renewed. In unequivocally abnormal 2022 fashion, this sent Cryptos, Commodities and Treasuries down and Equities, VIX and DXY up. The Merge is still scheduled for a 09/15/22 launch on Ethereum's Mainnet . Key dates this week: US Housing Starts and Building Permits at 830am EST 08/16; 5th GDPNow US Q3 GDP estimate at 915am EST 08/16 ; US Retail Sales at 830am EST 08/17; FOMC Minutes 2pm EST 08/17.* Price is currently trending down at ~$1900 and is still technically testing $1941 support. Volume is High and on track to favor sellers for a second consecutive session if it can close today in the red, this large of Volume is reflective of recessionary fears driving investors back out of Crypto. Parabolic SAR flips bearish at $1711 minor support, this margin is neutral at the moment. RSI is currently trending down at 63.41 after breaking below the uptrend line from 06/18/22 at 69, if it is unable to bounce here it will likely lose support of the uptrend line from 06/18/22 and potentially retest the next support at 55 (which coincides with the descending trendline from February 2020). Stochastic remains bearish and is currently trending down at 70 while still technically testing 81 support. MACD remains bullish and is currently trending down at 124 after forming a soft peak just below the upper trendline of the descending channel from August 2021 at 128 (resistance). ADX is currently trending sideways at 33 as Price is falling below $1941 support, this is neutral at the moment. If Price is able to bounce here and close back above $1941 support, the next likely target is a test of the 50/50 uptrend line from February 2017 at ~$2200 (which will likely coincide with the 200 MA) as resistance. However, if Price continues to break down and closes below $1941 support in two back to back sessions, it will have a bit of support at $1850 before potentially retesting $1711 minor support . Mental Stop Loss: (close above) $1941.
ETHUSDT 3D Where to buy a long position for the medium term?To see the general picture from the ETHUSDT chart, we consider it on a 3-day time frame.
The good news is that during the strong fall in the crypto market in June 2022, ETH buyers managed to keep the price in the liquidity zone of $1000-1250
At this moment there is consolidation and, most likely, a set of long positions in the price range of $1000-1250
Confident long on the ETHUSD trading pair after fixing the price above $1250. Since currently the Ether price cannot be fixed above $1250, there is a possibility of another price correction down to the level of $1100 for Ethereum.
However, the probability of a sharp drop ETHUSDT price below to the $600 area has also greatly decreased.
As it can be seen that in the liquidity zone of $1000-1250 there is a decent fight between buyers and sellers on increased volumes, and currently it looks like the buyers are winning.
The situation on the ETHUSDT chart will start to look bad again if the sellers manage to fix the price below $1,000.
Based on the above, you can try a medium-term trade under the following conditions:
Entrance $1100
Stop $880 (-20%)
Take profit $2024 (+84%)
The profit/loss ratio is 4/1
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
ETHUSDT 12h How long will the growth of Ethereum continue?Three weeks ago, before the current uptrend became mainstream) We published a long medium-term trade for the ETHUSDT trading pair
And we are very sorry if you are still not subscribed to us and lost the opportunity to record +50% profit as of now.
But this is not the end, let's analyze the current situation on the ETHUSD chart
For today, there is still a chance of a minimal ETH price correction, but preferably not deeper than $1550,
Well, then the continuation of the upward movement of the Ethereum price, towards the goals we indicated 3 weeks ago. They are relevant and as of today - they are $1750 and $2000
In this liquidity zone $1750-2000, it is better to fix part of the long positions and take a look around, which will generally be moods on the crypto market at that time.
In this liquidity zone there will be two important battles: between buyers and sellers of ETH and between your cold mind and greed :)
And also look at our ideas on Tradingview for at least the last month, you can find a lot of interesting things there to suit your "taste")
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
#ETH/USDT 2Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USDT UPDATE :-
ETH/USDT Breakout uper side and retest the green zone and bounce eth almost 12 % pump
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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.
#ETH/USDT 1HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USDT UPDATE :-
As we can see ETH performing extremely well and current about to face the major resistance level of $1770.
Some consolidation is expected below the resistance and break above is likely in upcoming days which will be bullish continuation signal and green signal to enter more ALT COINS.
Rejection from resistance level will lead ETH to drop down at lower support level again and will be the invalidation of this chat analysis.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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.
#ETH/USDT 2HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
In current scenario ETH trading on a support level and highly chance to grow above from current level until ETH holds this level.
Candle close below lower trend line support will lead ETH to drop down towards lower trend green support level.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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.
#ETH/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
Ethereum update :-
In the current scenario, ETH heading towards the lower mid-trend line support which ETH needs to hold to regain upright, candle close below trend line support will lead ETH to drop to a lower green support level of $1540.
If it breaks down the lower trend line support then it can move down to the lower support zone.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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
#ETH/USDT 1HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
Ethereum update :-
ETH/USDT is forming a flag pattern if the upper train breaks the line and goes up about 28.92% so there will be PUMP from here, as a result of this all ALTCOIN will also see bullish movement
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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.
#ETH/USDT 1HOUR UPDATE !!Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks Friends.
ETH/USDT Update!
As we can see ETH is bouncing off ETH 50MA on 1 hour chart, if position is holding then don't panic if ETH breaks 50MA below 50MA and $1550
Remember:- This is not a financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade.
Thank you for your time, we hope that our work is good for you, and you are satisfied, we wish you a good day and big profits.
Thanks.
#ETH/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USDT Update!
As we can see from the above chart that ETH performed well as per my previous chart, it was able to gain 9% from the lower green support level.
In the current scenario, ETH is highly likely to move higher toward the price level of $1780.
Here the Black MA is also reacting as a strong support area.
Rejection from this level will result in a decline towards the lower support level of $1300.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
#ETH/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USDT UPDATE!
As we can see from the above-mentioned chart that ETH performed well according to my previous chart it was able to gain 58% from the bottom green support level.
In the current scenario, ETH retested the upper trend line which has become strong support after a breakout of 35 days long resistance and it’s highly likely to gain above side towards the price level of $1780.
Here black MA also reacting as a strong support zone.
Rejection from this level will result in a fall down towards the lower support level of $1300.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
ETHEREUM/USDT 4HOUR UPDATE!!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USDT UPDATE!
In the current scenario, ETH is currently holding well as a green support area, the longer it holds this level, the more likely it is to bounce back.
The MACD also printed a bullish cross-over with slightly lighter red bars, which is indicating a trend reversal from bears to a bullish pattern.
The candle will trigger a bullish pattern towards the $1270 price level if it closes above the $1110 price level.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
#ETH/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
#ETH/USDT UPDATE !!
It is moving in a descending channel and accumulating above the fair value gap region. As the price is contracting and gaining momentum for the next breakout move. So we have to wait for a high volume successful breakout which will confirm its next direction.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.