ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Ethereum (ETH) briefly traded above the $1,800 level in today’s session, prior to colliding with a key resistance level.
ETH/USD rose to a peak of $1,853.89 late on Friday, which came following a prior low of $1,745.02.
This surge sent ETH to its strongest point since last August, pushing prices marginally above a ceiling of $1,850 in the process.
ETH bulls were unable to sustain this breakout, which has since given way to bears looking to short the market.
At the time of writing, ethereum is trading at $1,761.72, with the momentum of the moving averages still upwards facing.
This sentiment may soon shift, should the RSI break out of a floor at 56.00. The index is currently tracking at 56.62.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Ethshort
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Ethereum (ETH) was also back in the red on Thursday, with prices moving below $1,800.
Following a high of $1,821.46 on Wednesday, ETH/USD declined to a low of $1,717.77 earlier in today’s session.
As a result of the slippage, ethereum neared a recent point of support at the $1,715 mark, however, bulls have so far rejected a breakout.
Looking at the chart, the 10-day (red) moving average remained in an upward trend, which could be a sign of future bullish momentum.
Price strength is currently tracking at 58.02, which is marginally above a floor at 57.00, resulting in ETH jumping from earlier lows.
At the time of writing, ethereum is tracking at $1,756.34.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
ETH Bearish Divergence leading into shanghai fork. Get short.ETH Bearish Divergence leading into shanghai fork.
Eth is setting new highs on lower RSI. This is creating the bearish divergences. The stochastic is high so ready for a fall in price. Volume is low on the new highs as well demonstrating more weakness.
Fundamentals. When the shanghai fork goes live on 12 April ETH 2.0 stakers will be able to sell for the first time in years. Its gonna be a blood bath.
STO - Very high and due for a fall.
Volume - Low on the new highs.
RSI - Weaker with each new high.
Target 1 = 1400
Stop Loss = 1850
Price = 1760.
$ETH short next 4hThis is my analysis and idea only. Do not take this as financial advice, and please do not base any trades based on this chart, or any content I post. These are my thoughts only. Operating in crypto is dangerous and can quickly stack up big losses. Always study, and do your due diligence.
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Ethereum (ETH) was also back in the green on Wednesday, following a brief stint of consolidation the day prior.
ETH/USD moved to a high of $1,836.29 on hump-day, which comes less than 24 hours after trading at a low of $1,761.67.
Similar to bitcoin, Wednesday’s rally in price saw ETH near a recent high of $1,846, which is its strongest point since last August.
The 10-day (red) moving average (MA) has continued to trend upwards, extending its crossover with the 25-day (blue) MA.
However, price strength seems to be a barrier to further gains, with the index now tracking below a ceiling at 64.00
In order for bulls to extend gains, there will likely need to be a breakout of the aforementioned resistance level.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Ethereum (ETH) remained below $1,800 for the second straight session, following a recent climb into overbought territory.
ETH/USD fell to an intraday low of $1,725.01 on Tuesday, a day after trading at a peak of $1,788.13.
Despite a recent upward crossover of the 10-day (red) and 25-day (blue) moving averages, it appears that momentum has shifted.
From the chart, it appears that this coincides with the RSI falling back below a point of support at 61.00
At the time of writing, the index is tracking at 60.74, with ethereum slightly higher, and the asset is currently trading at $1,762.33.
In order for bulls to recapture the $1,800 mark, this ceiling on the RSI must first be broken.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Ethereum (ETH) consolidated recent gains during Monday’s session, as prices fell below $1,800.
Following a high of $1,843.84 on Sunday, ETH/USD dropped to a bottom at $1,744.86 to start the week.
This drop comes as ethereum bulls appeared to be securing recent gains, days after ETH rose to its highest point since last August.
Overall, some are attributing the decline to the RSI, which fell below a long-term ceiling at the 66.00 mark.
At the time of writing, the index is tracking at 63.74, with a floor at 62.00 a possible target for bears.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
ETH Scalp set up (4h)Hello, we are in a strong resistance of ETH and BTC right now, and if we have a rejection from 1840 again, it will form a Double top as we can see in the chart and the target will be the demand zone below (1610)... and BTC will test 26k again as a retest... and then market will continue its uptrend journey and next targets will be 30k for BTC and 2k for ETH...
now we should wait for a rejection and swing low before entering this signal...
and stop loss will be above 1840...
enjoy trading <3
ETH short after sweeping over 200 days of liquidityThe latest crypto pump caused eth to trade above the highs it has created in the last 200 days. Possibly sweeping quite some sell liquidity and testing an untested OB. Read on my macro analysis on my BTC idea, but for eth macro impact will be the same. Very nice Point of interest to look for shorts.
📈Will Ethereum take off? / Targets ahead of Ethereum📉BINANCE:ETHUSDT
COINBASE:ETHUSD
Hey everyone, first take a look at my previous analysis and positions.
Price targets ----> 1-2-3 are on the chart.
The optimum stop-loss is below the 1462 level.
Don't forget to risk-free your position.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Ethereum (ETH) also surged higher in today’s session, with prices moving back above $1,700.
ETH/USD hit a high of $1,766.55 earlier in today’s session, which comes less than 24 hours after hitting a bottom at $1,644.54.
The move saw the world’s second-largest cryptocurrency move past a recent price ceiling of $1,720.
Similar to BTC, it appears that an upwards cross between the 10-day (red) and 25-day (blue) moving averages is on the cards.
One hurdle for this cross will be the upcoming ceiling of 65.00 on the RSI, which is currently tracking at 62.86.
Should it move beyond this point, it is highly likely that ETH will be trading above $1,800.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
ETH SECURITY ISSUE ETH IN DANGER;!Eth is considered to be a strong project after Bitcoin recently Eth has been upgraded it was previously on Proof of Work now it has been upgraded to Proof of Stake. New York Attorney General Letitia accused Eth of having security issues, so the case will continue for now. The Shanghai update is going to happen in the month of March and people will have ETH stacks that have been stacked for years and there will be a selling pressure due to which Eth is expected to crash by 10-15%.