Ethshort
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
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 rallied to a multiple-week high on Monday, with prices climbing above a recent ceiling at $1,300.
ETH/USD raced to an intraday high of $1,324.01 earlier in today’s session, which comes less than 24 hours after trading at a low of $1,261.95.
Similar to bitcoin, today’s rally pushed ethereum to its highest point since mid-December, when the coin was above $1,350.
As can be seen from the chart, an upwards crossover of moving averages has also occurred here, with the RSI gaining momentum as well.
Currently, the index is tracking at 66.81, which is its strongest point since October 29, when ETH was trading upwards of $1,500.
Should bullish sentiment remain throughout the week, ethereum will likely climb past the $1,400 level.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BTC & ETH Comparison where the rally will stop ?Hello Everyone,
Welcome Back, Well We anticipated the region for Ethereum to short around 1350 1370 but now as per the Footprints and Positive Delta,
we come to know that Ethereum might stay in this range and try to flip it into support for further continuation towards 1500$
having said that there is high possibilities that BTC might do the same as Ethereum did.
So far so good no sign of weakness has been spotted in both charts, so becarefull while you shorting an uptrend
patience is the name of the game
Disclaimer :
All information is only for educational and entertainment purpose , do paper trades only.
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS Ethereum / U.S. Dollar (BIHello, 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 consolidated in today’s session, with momentum marginally shifting on Thursday.
ETH/USD dropped to a bottom of $1,246.21 earlier in the day, which comes less than 24 hours after hitting a high of $1,264.81.
Despite the drop, sentiment remains somewhat bullish, as ETH continues to trade above its long-term resistance level at $1,230.
From the chart, the 10-day (red) and 25-day (blue) moving averages also remain close in proximity, maintaining chances of an upwards crossover.
This seems to be one of the factors in place that is keeping bullish sentiment alive. However, with the RSI now falling lower, this could begin to change.
Since failing to break out of a ceiling at the 57.00 level, price strength is now tracking at 55.40.
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
ETHSHORT SETUPOn ETHUSDT there is a rising wedge and a bear flag. I am keeping this setup in mind for the next days. There is also a value line on the 1216.98 level and also on the 1202.36 level. A expansion range was also formed and the price is currently at the top of the expansion, and on the top of the bear flag channel. I will be keeping this chart in mind for a short and currently am scalping the small wedge range.
ETH SHORT SETUP FROM RETRACEMENTDay's Bias: Bearish
Plot:
Previously a strong drop from a rising wedge pattern made a strong bearish impulse move leaving huge amount of gaps along the way.
Price recently shows bullish momentum on the lower TF signals the retracement within 50 to 61.8% to take out some of the gaps.
Price momentarily consolidates exactly at the retracement area.
Price created liquidity pools and has been taken out.
Today Asian Range has the highest probability of no longer being revisited to continue another bearish impulse move.
After price revisits 50% of the Asian Range multiple times, then creating a displacement leaving small gaps to be revisited before it continues towards the expected direction.