ETH 🌧️ Ahead; Bearish Trend, Then Rebound? Prepare for rain and clouds 🌧️ in the global crypto market over the next 24 hours, pointing to a bearish trend and risks for Bitcoin.
Yet, according to ATTMO, within three days, 🌤️ the crypto sky could brighten, potentially lifting Bitcoin to new heights.
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ETH/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) has remained largely unchanged in the past few days, rising by 0.11% in the past week.
ETH/USD bottomed out at 1,837.21 so far during today’s session, which is almost 20.00 lower than Monday’s high.
Price has mostly consolidated around a support point of 1,830 in however, the prospect of a moving average crossover is keeping bullish hopes alive.
The 10-day (red), and 25-day (blue) moving averages are on the cusp of an upwards crossover, which could likely send prices above 1,900.
there will first need to be a breakout above a ceiling on the RSI indicator for this to take place.
On this occasion, the resistance point is at 47.00, and the index is currently tracking at 45.23.
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ETH/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:-Ethereum (ETH) was also in the red during today’s session, as the price fell lower for a second consecutive day.
Following a high of 1,869.74 on Wednesday, ETH/USD slipped to a bottom of 1,845.49 earlier in the day.
Price slightly rebounded following the latest U.S. consumer price index, which marginally rose in July.
The recent volatility in ethereum comes as the RSI was unable to break out of a ceiling at the 51.00 mark.
Ethereum’s price strength is sitting at 49.12, with a price of 1,856.44.
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ETH/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) rose marginally after the Paypal news, with the price moving away from a recent support point.
Following a low of 1,804.72 to start the week, ETH/USD jumped to an intraday high of 1,836.06 on Tuesday.
Despite the slight rise in price, ethereum continues to trade below a recent resistance level of 1,850.
A positive for bulls, however, comes as the 14-day relative strength index (RSI) broke out of its ceiling at the 43.00 mark.
Currently, the index is tracking at a reading of 43.88, with the next resistance zone near the 50.00 point.
In the event this target is reached, ETH will likely be back above 1,900.
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ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) was also largely unchanged on Monday, with price trading near a support level of 1,820.
ETH/USD peaked at 1,842.52 earlier in today’s session, following a move to a bottom at 1,824.12 on Sunday.
The price has since tailed off, with ethereum now trading around the 1,833.08 mark,
ETH’s lack of movement comes as the RSI has been unable to break out of a ceiling at the 43.00 zone.
Price strength is now at 42.11, with the next visible floor at 41.00, in the event bears capture market momentum.
Should this occur, a move below 1,800 could be the target.
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ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) was once again trading below a key support level during today’s session, as the price fell for a third straight day.
Following a high of 1,856.41 on Thursday, ETH/USD slipped to a bottom at the 1,828.88 mark earlier in the day.
The decline saw ethereum drop below a support point at $1,850, with sellers once again attempting to take the price under $1,800.
the RSI has also dipped, and fallen below a floor at the 45.00 level for the first time in over a month.
Currently, the index is at a reading of 42.16, with overall sentiment mostly bearish.
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#ETH - thoughts out loud №5Good evening from Ukraine!
Dear colleagues, I am glad to welcome you!
The current development of the situation indicates that in the absence of positive dynamics of movement from the current price, it may lead to a decrease in the price of the instrument (supply test).
However, it is worth considering that professional operators who create the market have their own plans that differ from the way the masses see the situation.
It will be great to take part in a rapid "unexpected" upward momentum in order not to let extra passengers into the market)
Thank you all for your attention, I wish you success .
Sometimes you win /sometimes you learn.
- thoughts out loud
- thoughts out loud
- thoughts out loud
P.S.
...Think positive)
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- ethereum (ETH) also moved lower earlier in the day, dropping below a support point of 1,850 in the process.
ETH/USD bottomed out at 1,822.35 during today’s session, following Wednesday’s high at 1,860.19.
As a result of today’s decline, ethereum moved back towards a four-week low at 1,812.
The slippage took place after the RSI fell below a floor at the 45.00 level, and it is now at a reading of 41.93.
Should momentum continue to drop, the next price target will likely be the 1,795 level.
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Ethereum presents a shorting opportunity- should you take it?ETH fell below the lows of a month-long range. The bullish breakout and the move to $2000 appeared to signal bullish intent but saw a wild bout of selling that dragged Ethereum back into the range. Could the same thing happen if ETH falls to $1800?
It was possible. However, based on the evidence at hand the more likely scenario was that ETH would continue to fall lower. It has bearish momentum and market structure. If the OBV can fall below the local support, it would be an early sign of buyer exhaustion.
Meanwhile, a move above $1880 would invalidate the short setup.
Entry: $1837 (retest of range low)
Stop-loss: $1880 (lower timeframe lower high during the recent drop)
Take-profit: $1770- $1750 (fair value gap and lower high from mid-June)
R:R- 1.56
Selling Ethereum at reverse trend line.Ethereum - 24h expiry - We look to Sell at 1888 (stop at 1928)
Reverse trend line resistance comes in at 1895.
Short term bias has turned negative.
The trend of higher intraday lows has also been broken.
Preferred trade is to sell into rallies.
Daily momentum has stalled and our bias is now neutral.
Our profit targets will be 1788 and 1768
Resistance: 1860 / 1880 / 1900
Support: 1834 / 1820 / 1800
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📈Ethereum prediction, 2K or 1.6K? 📉BINANCE:ETHUSDT
COINBASE:ETHUSD
Hello dear traders
Three drives pattern is either bullish or bearish. Since it is a reversal pattern when it fails, the three drives pattern indicates a strong continuation of the current trend.
Divergences are marked on the chart!
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1850: Buyers Struggle to Lift Price Amidst Intense Selling PressThe price has approached the support level at 1850 for the third time, which has been holding it from declining for the past month. Each rebound occurred with a significant increase in buyer activity in the order book (I would say aggressive growth) and a relative absence of sellers.
This price action indicates the presence of a strong selling pressure.
Likely, the buyer may attempt to lift the price from this level once again, but this time, they are unlikely to succeed.
ETH - Opened a scalp trade to exit the channel!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
Opened ETH scalp for 10% of the deposit with a short stop-loss.
One of the on-chain indicators shows that the market maker has set strong resistance in the form of walls of orders in the current range. BUT! Bitcoin is still being held as it looks like we're on the verge of a $30,400 bounce again, so I suggest using as short a stop loss as possible and a small leverage of 2-3X on this trade.
Deal plan:
▪️Entrance - $1895
▪️Stop - $1950
▪️Take - $1825
It is very interesting how the market maker will act. ETH seems to be preparing a DUMP, and the bitcoin chart looks again at a rebound upwards. Maybe they just want to confuse and confuse us?
P.S: guys, I opened this deal with minimal risks, if you doubt whether you should enter or not, then it’s better to watch from the outside. It’s not entirely clear what will happen at the opening of next week, but my main plan is SHORT BTC 31250
Crypto Weather Report: ⛈️&☁️ - Will the ☀️ Return In One Week? Rain and clouds loom over the global crypto market in the next 24 hours ⛈️, with a downside risk on the horizon. But fret not! 🌟 After a rally fueled by a landmark US ruling, a trend reversal is expected.
The crypto summer will return in three days shining brighter than ever! 🌞 ATTMO's forecast predicts sun for Bitcoin, Ether, XRP, and Binance over the one-week horizon. 🚀 This signals a slightly bullish market with potential for upside gains.
Follow us for more crypto weather reports!
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) was another big mover, surging above 2,000 in today’s session, which came as a result of the Ripple news.
Following a low of 1,878.81 on Thursday, ETH/USD jumped to an intraday high of 2,026.20 earlier in the day.
the world’s second-largest cryptocurrency recorded its strongest level since April 19.
A downward crossover of moving averages also failed to materialize, with momentum now back in the hands of bulls. Ethereum’s RSI failed to break out of a ceiling at 65.00, with the index now at a reading of 63.02.
ethereum is trading at $1,933.
I have tried to bring the best possible outcome to this chart.
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