Ethereum to extend it's loses?Ethereum - 24h expiry - We look to Sell a break of 1508 (stop at 1551)
Short term momentum is bearish.
Short term bias has turned negative.
A break of the recent low at 1519 should result in a further move lower.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 1401 and 1381
Resistance: 1560 / 1585 / 1600
Support: 1520 / 1500 / 1450
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Ethshort
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Ethereum (ETH) also shifted on Wednesday, with prices falling below a recent support point at $1,600.
ETH/USD slipped to a bottom of $1,530.80 on Wednesday, following a peak of $1,630.47 during Tuesday’s session.
Since breaking out of its $1,600 floor, ethereum appears to be heading towards a lower level of support at $1,500.
today’s red wave comes as bears have finally opted to reenter the market, as a result of prices being overbought.
Ethereum’s 14-day RSI is currently sitting at 61.07, which is its lowest point since January 8, and this comes a day after breaking out of a floor at 74.00.
There appears to be an upcoming support area at 58.00, and if this remains firm, ETH could manage to stay above $1,500.
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/USDT 12Hr UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Ethereum (ETH) is retesting the descending channel. The current short-term resistance level is $1530.
To continue the bullish momentum in the market, the bulls need to clear the $1530 resistance.
In case of a failed retest of the descending channel, $1.5K is a strong support level for the bulls to make higher lows at that 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) somewhat slowed in today’s session, with the price approaching its floor at $1,600.
Following a high of $1,658.02 to start the week, ETH/USD dropped to a bottom of $1,609.16 earlier in the day.
Sentiment in the world’s second-largest cryptocurrency seems to have already shifted, with several dojis (candlesticks signaling reversal) appearing on the chart.
As can also be seen on the chart, the RSI is currently hovering slightly above a floor at 74.00, which is a current reading of 74.07.
Should a breakout take place, bearish pressure will likely increase, with traders potentially eyeing a move under $1,600.
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
Ethereum under bearish divergence.Ethereum - Intraday - We look to Sell a break of 1599 (stop at 1637)
We are trading at overbought extremes.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower.
A break of bespoke support at 1600, and the move lower is already underway.
Our profit targets will be 1505 and 1485
Resistance: 1640 / 1660 / 1674
Support: 1620 / 1604 / 1570
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Ethereum (ETH) Ethereum (ETH) also surged on Saturday, as it climbed to its highest mark in the last four months.
ETH/USD hit a high of $1,674.18 earlier in the day, which comes following a bottom of $1,550.03 on Friday.
As a result of the move, ethereum recaptured a high not seen since September 13, which is the last time it traded over $1,700.
Although prices are currently below this threshold, the resurgence of bullish momentum on Saturday could lead to further surges this weekend.
The surge has pushed the 10-day (red) moving average back into an uptrend, extending its distance from its 25-day (blue) counterpart.
Overall, ethereum is up 6.28% as of writing.
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) also rebounded during today’s session, with prices continuing to move away from a recent floor.
Following a low of $1,515.79 on Thursday, ETH/USD raced to a peak of $1,559.55 earlier in the day.
Today’s surge comes as ethereum continues to move away from a recent support point at the $1,500 level.
Similar to BTC, the move comes following a dead cat bounce on the RSI indicator, with price strength rebounding from a recent low.
Currently, the index is tracking at a level of 74.64, which is marginally higher than the aforementioned floor at 70.00.
ETH bulls will likely now be targeting a resistance level at the $1,600 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 ETH /USD 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Ethereum (ETH) also retreated from recent highs, which comes after a failed breakout of its own.
ETH/USD dropped to a low of $1,529.79 earlier today, after trading as high as $1,579.48 on Sunday.
Ethereum failed to climb above the $1,580 high range, which led to a resurgence of some bearish sentiment.
there was a lot of buying seen in the Ethereum price, with the index at its highest point since January 2021.
Now tracking at 83.46, the next visible floor seems to be at the 70.00 mark, which could see ETH trading near $1,475 if hit.
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
Where is ETH moving?I could really care less if Ethereum goes to 150k, I'm a scalper not a holder. I see current retail traders are holding onto this bear flag. I have both my long target and my short targets. I am going to play this through patiently.
SHORT ENTRY: 1713.46
SHORT SL: 1727.56
SHORT TP 1627.88
LONG ENTRY 1456.61
LONG SL 1443.61
LONG TP 1503.34
ETH Drop to $1430* before going Higher or LowerI reckon this is in play for Ethereum.
Here are my reasons:
1. BTC & ETH are at strong resistances.
2. Perfect retest of H8 OB for ETH.
3. Lots of Selling Pressure.
4. SPX is at a strong resistance, likely to drop.
5. DXY showing inverse head and shoulders reversal pattern at resistance.
6. Price likes to test main diagonal resistances before making the next move. This is for a liquidity grab to fuel the next move.
I am shorting to these levels. NFA
Risk Management is important.
ETH/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETH/USDT 1DAY time frame chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:- ETH is showing strength as bullish volume is on the rise. The MACD crossover is indicating a strengthening trend.
ETH is currently facing resistance from the previous strong high low at $1599; If the bulls break it with a solid volume, the bullish momentum will continue towards the next resistance at $2K
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/USD weekly time frame UPDATE !!Hello, welcome to this ETH /USD weekly time frame chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-ETH bounced off the historical trend line and declined below support on the weekly time frame with a solid bullish volume . The bulls also recaptured the powerful horizontal support, which shows the strength of the bulls.
Currently, the bulls are facing the previous lower high resistance at $1591. We need to look for an effective breakout of the falling wedge , which would confirm a solid rally in the market.
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/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, 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 hit a two-month high in today's session, with its price trading in the green for the seventh day in a row.
After hitting a low of $1,404.82 on Friday, ETH/USD moved to a one-day high of $1,558.25 on Saturday.
Like bitcoin, this rally has sent the world's second-largest cryptocurrency to its highest point since November 5.
Overall, Ethereum is now trading 23% higher over the past seven days.
The move comes in the form of a crossover of the 25-day (blue) counterpart of the 10-day (red) moving average.
Despite this bullish momentum to start the weekend, many still expect some reversals in the coming days.
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/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, 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 moved up significantly on Friday, pushing its price above the $1,400 mark.
ETH/USD touched a high of $1,599 in today's session, less than a day after trading at a low of $1,447
Like bitcoin, this jump in price has pushed Ethereum to its highest point since November 8, when it reached a high of $1,599.
From the charts, the ETH price is now deep in the overbought zone, with the RSI index tracking at the level of 75.54.
Earlier gains have started eroding, as previous bulls have started taking profits in anticipation of a momentum reversal.
At the time ETH/USD is trading at $1,552.60.
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/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, 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 significantly higher in today’s session, with prices moving to a two-month high.
Following a low of $1,323.58 on Wednesday, ETH/USD jumped to a peak of $1,408.13 earlier in the day.
As a result of this rally, the world’s second-largest cryptocurrency is now trading at its strongest position since November 8.
Like with bitcoin earlier, the move has occurred as the RSI broke out of a ceiling at 69.00, and it is currently tracking at 75.89.
In addition to this, the 10-day (red) moving average has continued its upwards crossover versus its 25-day (blue) counterpart.
Should this momentum maintain this trajectory, then the next target for bulls will likely be a ceiling of $1,470.
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
Ethereum - thoughts in hearing #1BINANCE:ETHUSDT
Good afternoon, colleagues!
I continue to think about this tool. There is no opportunity to describe the situation for a long time and I will give a more detailed opinion on Monday.
And for this period of time, if the instrument shows weakness in the range of 1261 - 1277, we can consider a scenario with a price decrease. In any case, we will see an impulse in one direction.
Thank you for your attention, I wish you success!
P.S.
All key prices are reflected by markers on the price scale...
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, 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 marginally higher in today’s session, with prices continuing to trade below a long-term ceiling
ETH/USD hit a high of $1,342.76 earlier in the day, less than 24 hours after trading at a low of $1,324.97.
Overall, ethereum remains below a resistance point of $1,350, with many expecting prices to move after the release of U.S. inflation figures tomorrow.
As can be seen from the chart, the consolidation below this price ceiling comes as the RSI continues to trade under a hurdle of its own.
Price strength is now tracking at the 68.73 level, which is under a point of resistance at the 70.00 mark.
ETH bulls are likely still targeting a move beyond $1,400, however, in order for this to happen, the RSI level of 70.00 must first be overcome.
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