ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Ethereum (ETH) was also in the red, as prices plunged for a second consecutive session.
ETH/USD dropped to a bottom at 1,829.41 earlier in the day, less than 24 hours after trading at a peak of 1,938.42.
Similar to BTC, today’s slippage sent ethereum below its own point of support at the 1,830 level.
ETH has since rebounded from this floor, as bulls opted to buy the dip, rather than continuing to flee positions.
This was helped by the fact that the RSI here also collided with a support zone at 45.00, and it continues to track beyond this point.
Bulls will likely be targeting re-entry above 1,900 in the upcoming days.
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Ethjshort
ETH/USDT 1DAY UPDATE BY CRYPTOSANDERSHello and welcome to this ETH/USDT chart update by Crypto Sanders.
I have tried to bring the best possible result in this chart.
Chart Analysis:- ETH pumped after the breakout of the symmetrical triangle. Currently, it is trying to break the previous high resistance of $1460. A solid breakout would confirm a further bullish move toward $3000.
In case of a dismissal, there is a possibility of a retest over the symmetrical triangle, from where we could anticipate a strong bounce.
This is not a piece of financial advice.
Hit the like button if you like it and share your chart in the comment section.
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#ETH/USDT 1DAY UPDATE BY CRYPTO SANDERS !Hello, welcome to this ETH/USDT 1DAY 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:-Ethereum (ETH) also plunged in today’s session, with prices falling below $1,200.
The world’s second-largest cryptocurrency has been down by roughly 2% on Thursday, falling to a low of $1,189.21 in the process.
This decline saw ETH/USD break out of its recent floor, with the next visible point of support at the $1,105 mark.
Unlike BTC, it seems as though the moving averages on ETH could still be heading lower, which could prevent many bears from entering at this moment.
Currently, the RSI here is hovering near a floor of 38.00, and should this hold, we could see prices begin to rebound.
However, if a breakout does take place, it is likely we could see ethereum head below $1,100.
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