ETHUSDT ! Retest The Resistance ETHUSDT will retest the resistance we open a short position from resistance because of low volume and selling pressure in that scenario we will see a fall towards the support level which will be our TP point.
Ethshort
Daily review of ETH interval 1HHello everyone, let's look at the ETH to USDT chart on a 1-hour time frame. As you can see, the price is moving in the marked channel.
Let's start with the support line and as you can see the first support in the near future is $1209, if the support is broken then the next support is $1202 and $1193.
Now let's go to the resistance line, as you can see the first resistance is $1216, if you manage to break it, the next resistance will be $1220, $1223 and $1227.
Looking at the CHOP indicator, we see that in the 1-hour interval, the energy slowly starts to rise, the MACD indicates a local downtrend, while the RSI is close to the low, we can see a small correction and price rebound.
ETH/USD 1DAY UPDATE BY CRYPTO SANDERSHello, 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) mostly consolidated on Monday, with prices continuing to trade below the $1,230 point.
Following a low of $1,203.72 on Christmas Day, ETH/USD raced to a peak of $1,222.61 earlier in today’s session.
As a result of today’s move, ethereum continued to trade below its key resistance level of $1,230 for a sixth straight day.
Looking at the chart, the failure to break out of this point comes as the RSI continued to hover near a resistance of its own at 48.00
As of writing, the index is tracking at 47.33, which comes after two weeks of residing under the 48.00 mark.
Despite this, the 10-day (red) moving average (MA) has begun to move closer to its 25-day (blue) counterpart, which could mean an upward cross is pending in the coming days.
This is not a piece of financial advice.
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ETH Fell Below 3 EMAs on the 4h!Looking at the ETH chart on the 4h, we can see it fell below all 3 EMAs (50, 100, 200 EMAs) which is definitely a bearish sign.
The RSI is curving sharply downwards along with the MACD. It's bottomed out on lower timeframes but still has more room to decline on the 4h. With that said, we are at micro support at 1200 so we may find some relief here temporarily. If we fall below the 1200 support, there's a high likelihood 1150 is next. It's not looking good for ETH until we can break and close above the 1240 level (all 3 EMAs). Until then, I would looking to place a long here with a tight stop at 1185 or a long at 1150, or a short at 1300. Do not trade the middle ranges.
If enjoyed my TA or have any questions about getting access to my indicators, please send a boost my way, PM me, or comment below :)
ETH/USD 1DAY UPDATE BY CRYPTO SANDERSHello, 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 marginally higher at the end of the week, as prices moved closer to a key resistance level earlier today.
ETH/USD raced to an intraday peak of $1,224.21 in Friday’s session, less than 24 hours after hovering at $1,187.13.
Today’s move sees ETH bulls once again try to break out of the long-term resistance level of $1,230.
Looking at the chart, the 14-day RSI is now rallying above a resistance point at 47.00, and tracking at 47.92, with the next visible ceiling at 52.00
In order for bulls to continue to push ethereum higher, price strength will likely need to surge toward this upcoming resistance of 52.00.
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
$ETH - WHAT'S NEXT? BIG DROP..?$ETH - WHAT'S NEXT?
We hit the target of this 'beautiful' head and shoulders and are now in between a supply and resistance zone.
The next demand zone is at $665 and with the $BTC chart in mind, I expect us to reach this level.
Invalidation = break of the black trendline.
ETH - trade rekapDisclaimer: If you think this chart is a mess, you are wrong. Here, we are dealing with lots of fibonacci lines to find confluence at specific zones we want to trade. As we want to maximize our profits, we want to trade at highest possible risk reward ratio. As this is a game of possibilities, our job is to find specific zone with highets probability to make price reaction.
Scalp trade. This is how we catch the trades, because we are traders, not gamblers. Why this trade works? Because we have mutiple confluences at the same place. Its yellow trend line of few wick highs. Its blue EMA 233 which is very important EMA. Next, there is 1 fibonacci extension. Enough to think of taking a trade. Now, there is already 1:3 profit taken. You can drive this all the way down if possible, or moving the stop loss in profit level by level.
Happy trading :))
Tools:
- Fibonacci retreacement
- Fibonacci extension
- Pitchfork (All types)
- Trend lines
- RSI
- EMA fibonacci numbers
If you take closer look, you can see how price respects the lines. If the trade analys is good, we can find a place where the top/bottom of the wick will happen, therefore place an entry buy/sell order and let the magic happen :)
ETH/USD 1DAY UPDATE BY CRYPTO SANDERSHello, 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 bulls managing to keep prices above the $1,200 level.
Following a low of $1,208.03 in Tuesday’s session, ETH/USD was marginally higher on Thursday, as it rose to a peak of $1,219.61.
The move sees the world’s second-largest cryptocurrency continue to be a stone’s throw away from a ceiling at $1,230.
Despite the prospect of higher highs, overall momentum seems relatively bearish, with the 10-day (red) moving average extending a crossover with its 25-day (blue) counterpart.
As can be deduced from the chart, the RSI also looks set for a downtrend, as it failed to break out of its current ceiling at 47.00
In order for bullish sentiment to return, it is likely that a move beyond this resistance will need to take place.
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 SANDERSHello, 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) continued to trade above $1,200 on Wednesday, with bulls pushing prices closer to a key resistance level.
ETH/USD hit a peak of $1,224.09 earlier in today’s session, which comes less than 24 hours after hitting a bottom of $1,206.44.
Despite prices nearing a ceiling at the $1,230 mark earlier in the day, bearish sentiment has increased at this level, leading to previous bulls retreating.
As of writing, the world’s second-largest cryptocurrency is trading at $1,214.44, which comes following a recent crossover of moving averages.
Looking at the chart, a downward cross between the 10-day (red) and 25-day (blue) moving averages has occurred, which typically is a sign of pending declines.
Should this momentum intensify in the coming days, ETH could likely move back toward a floor of $1,160.
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
This might be an UNPOPULAR opinion... (ETHBTC)This might be an UNPOPULAR opinion...
But I think holding $ETH is crazy right now.
I'm building a big short position on ETH vs BTC chart.
Let's retest the demand zone & blue trend line, this will make me a buyer of $ETH for the longer term.
#ETHBTC
ETH/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ETH /USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-ethereum (ETH) also trended higher on Tuesday, as it once again rose into the $1,200 region.
Following a low of $1,160.38 to start the week, ETH/USD raced to a peak of $1,214.73 earlier in the day.
This comes despite the fact that there has been a recent downward crossover between the 10-day (red) and 25-day (blue) moving averages.
As of writing, the world’s second largest cryptocurrency seems set to collide with a higher resistance at the $1,230 level.
This could prove to be challenging however, with the 14-day RSI now hovering directly below a ceiling at 47.00.
Should there be a break of this key threshold, we will likely see more ETH bulls reenter 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
ETHUSDTP Rdy For ShortHello to all my dear friends, I have done the Ethereum analysis for you.
In this analysis, we want to buy the Ethereum cell, and our entry point will be $1,199, as well as the desired targets, $1,017 and $748.
The loss limit that we have set is $1,220.
Also, we will enter into this transaction with 50% of the original capital.
Good luck, dear Manouchehr Azar
Unique Update Of EthereumHello, 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 lower on Friday, as the world’s second-largest cryptocurrency fell closer to the $1,200 mark.
ETH/USD hit a bottom of $1,210.35 earlier in the day, which comes after trading at a high of $1,291.32 on Thursday.
Today’s drop sees ethereum move lower for a third consecutive session, breaking out of a key resistance level of $1,230 in the process.
As of writing, ETH is nearly 5% lower than yesterday’s peak, with the RSI tracking at 43.50, which is near a key floor.
This point of support is at the 42.00 mark and hasn’t been reached since November 28, when ETH was below $1,200.
Should price strength continue to head toward this bottom, there is a strong possibility that ethereum will be trading under $1,200.
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 Remains Higher Ahead of Fed Rate DecisionHello, welcome to this ETH /USDT 1DAY chart update by @CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Ethereum (ETH) was also trading near a multi-week high in today’s session, as traders geared up for the U.S. Federal Reserve policy meeting.
Many expect the Fed to increase interest rates by 50 basis points, following the better-than-expected inflation report.
ETH/USD hit a high of $1,341.44 on Wednesday, which comes less than 24 hours after trading at a bottom of $1,289.23.
As can be seen from the chart, ethereum remains close to a five-week high, with prices in the green for a third consecutive session.
Like with bitcoin earlier, the RSI is now hovering close to a key resistance level of 59.00, with a current reading of 58.06.
Market pressure could intensify should bulls force a breakout of this hurdle, potentially leading ETH toward $1,400.
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 MIGHT RETEST LIQUDITY ZONEETH Shows a possibility of a breakout but the volume seems down, also the current set up not sustainable. We have two possible scenarios. We see a pump and then a dump OR we see a liquidity + trend line test and then a breakout.
At this point, not much choices.
ETH TO REVISIT $870 AGAIN?ETH price action looking eerily similar to 2017/2018... let's see if history rhymes
Unique Update Of EthereumHello, welcome to this ETH /USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Ethereum(ETH) also trended downwards on Monday, with prices falling for a second consecutive session.
Following a high of $1,281.78 on Sunday, ETH/USD moved to a bottom of $1,243.48 earlier in the day.
The move saw ethereum fall to its lowest point since November 8, and it is now nearing a floor of $1,230.
Looking at the chart, recent bearish sentiment in ETH returned once the RSI failed to break out of a ceiling of 52.00.
As of writing, the index is tracking at 48.60 and now seems to be moving towards a floor of 45.30.
Despite this downtrend, the 10-day (red) moving average still remains above its 25-day (blue) counterpart.
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 rising wedgeBINANCE:ETHUSDT is creating a rising wedge on the 1h chart. it's possible that we will see a pullback in the short term before resuming higher.
ETH ShortBitfinex Whales closed fully ETHlongs from 1k at range 1k6-1k8 with 70% profit so i think it will drop like a before !
If you agree give me like ! Wish you good luck
Unique Update Of EthereumHello, welcome to this ETH /USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Ethereum (ETH) also edged lower in today’s session, with prices falling for a second straight day.
Following a high of $1,252.30 on Wednesday, ETH/USD dived to a low of $1,224.45 earlier in the day.
Today’s drop in price pushed ethereum below a recent support point at the $1,230 level, with prices hitting a nine-day low as a result.
Looking at the chart, the 10-day (red) moving average remains high, which some see as a signal that a bullish reversal could still be on the cards.
Despite this, momentum seems bearish, with the RSI tracking at 46.72, which is its lowest point since November 29.
The index now appears to be heading towards a support point at the 45.00 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
ETH SHORT USING ASIAN RANGEDay's Bias: Bearish
Plot:
Asian Range Implementation
Price takes out Asian Range High liquidity while mitigating GAPs.
Obvious liquidity build up below last LTF Swing.
Price to take out LTF Liquidity to finish the HTF Retracement before looking for higher prices.
Trade shall be closed upon reaching target or by end of NY Session.
Ethereum 30m Chart Analysis Idea (Short)An idea before ETH makes a lower low to $1205.
Entry for a short here with good risk management, NFA.
Double Top pattern on ETHThe crypto shows breaking of the neckline of a possible double top pattern; indicating a bearish rally till 1173 price.
