Called the ETH Short! What's the Next Target?Using our latest indicator "Wave Fusion" combined with support/resistance lines enabled us to call the ETH short and catch the recent drop! On the ETH 1hr chart, you can see I've drawn various support/resistance levels combined with my Wave Fusion indicator below. In the past, this indicator has show to be very accurate with calls (rocket symbol the long from 1172 to 1229) and the red shaded area called the short (from 1229 to the current level of 1167). By combining the resistance level of 1229 and the short indication we received, we were able to accurately take a short position with our stop just above the recent high.
Right now I'm looking at 1150 as being the next micro support (based off that level holding on the 23rd) and 1098 being the major support (as it's held multiple times in the past). I'll be looking for Wave Fusion to post a buy signal (green shaded area, green diamond, rocket, or moon) as ETH gets close to either support level. If we have that, we can be more confident in our trade until we reach that 1229 resistance.
If you have any questions on the indicators mentioned here, or how to use support/resistance lines, please comment below, send me a DM, or check any of my links next to my profile picture. I also released a video on how to use the Wave Fusion indicator on my YT.
Thanks for reading!
Ethshort
ETH/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this ETH /USDT 1DAY chart update by CRYPTOSANDERS.
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CHART ANALYSIS:-Ethereum (ETH) was once again below $1,200, as the world’s second-largest cryptocurrency also consolidated in today’s session.
ETH/USD fell to a bottom of $1,174.82 earlier in the day, which comes less than 24 hours after hitting a high of $1,203.98.
As a result of this drop, ETH/USD slipped below support at $1,180. However, as the day progressed, the price rebounded.
Currently, ethereum is trading at $1,220.60, with the RSI tracking at a level of 42.75, which is below a ceiling of 43.00.
In addition to this, the 10-day (red) moving average is currently trending sideways, which seems to be a positive signal that recent downward pressure has eased, for now.
Should this trend line begin to shift, we could see more ETH bulls return to the market, in anticipation of an uptrend.
This is not a piece of financial advice.
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ETH/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this ETH /USDT 1DAY chart update by CRYPTOSANDERS.
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CHART ANALYSIS:-ethereum (ETH) moved higher in today’s session, with the token climbing above the $1,200 level.
ETH/USD rose to a high of $1,211.63 earlier in the day, less than 24 hours after trading at a low of $1,153.53.
The move saw ethereum race above a recent resistance level of $1,180, hitting a five-day high in the process.
As can be seen from the chart, the rise in price comes as the RSI climbs above a ceiling at 42.00, and is currently tracking at 42.50.
Despite this, there is a higher point of resistance at 43.00, which triggered some earlier bulls to liquidate their positions.
In order to reach $1,250, which appears to be the target for remaining bulls, the RSI will first need to move beyond 43.00.
This is not a piece of financial advice.
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ETH USDT Short 🙌Hello TradingView community 🚀 and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
Today I want to talk to you about the ETH chart.
At the moment price break the structure.
Then, I think ETH breaks continue to move down to my goal.
My target is located at charts level.
I expect this scenario.
This is my opinion, I really hope it will be useful for you.
ETH/USDT 4 HOUR UPDATEHello, welcome to this BTC /USDT 4Hr chart update by CRYPTOSANDERS.
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CHART ANALYSIS:- In the 4-hour timeframe, a descending wedge pattern was formed during the past few months, and the price is testing the lower boundary for the third time.
This is known as a bullish continuation consolidation pattern in the classic price action methods. However, an existing imbalance between the $1347 and $1420 price levels should be tested before the next impulsive move.
And yet, according to the overlap of the lower boundary of the wedge, as well as the powerful support level at the $1K region and the untested imbalance, the price seems more likely to undergo a short-term reversal toward the wedge’s upper boundary.
Nevertheless, the upcoming price action should decide Ethereum’s direction for the mid-term
This is not a piece of financial advice.
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ETH/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ETH/USDT 1DAY chart update by CRYPTOSANDERS.
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CHART ANALYSIS:- (ETH) was also back in the green in today’s session, as the token moved closer to the $1,200 mark.
ETH/USD raced to a peak of $1,175.13 on Wednesday, which comes less than 24 hours after hitting a low of $1,096.66.
Today’s rally led to ethereum moving past a key resistance level of $1,170, hitting its highest point since Sunday in the process.
Since this collision, market uncertainty has increased, with the world’s second-largest token now trading below earlier highs.
This comes as the RSI also hit a wall, with the index currently tracking at 40.26, which is marginally below a ceiling of 40.30.
Bulls are likely targeting a reentry on the $1,200 zone, however price strength will first need to overcome this current obstacle.
This is not a piece of financial advice.
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ETH/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this ETH/USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
CHART ANALYSIS:-Ethereum (ETH) fell for a third consecutive session on Tuesday, with the token moving below $1,100 in the process.
Following a high of $1,140.70, ETH/USD declined earlier today, moving to an intraday low of $1,081.14.
As a result of today’s drop in price, ETH sank toward a floor of $1,080, hitting its lowest point since November 4
Since hitting this point of support prices have somewhat rebounded, and as of writing the token is trading at $1,095.29.
Unlike BTC, it appears as ETH has found a floor on the RSI indicator, with the index hovering close to support at 33.00.
Should this floor hold firm, bulls will likely prepare to return to the market, leading to a shift in current sentiment.
This is not a piece of financial advice.
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ETH/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this ETH/USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
CHART ANALYSIS:-Ethereum (ETH) was also back in the green in today’s session, as the token was once again trading above $1,200.
ETH/USD, which slipped below this level on Thursday following a strengthening USD, rose to a high of $1,224.97 earlier today.
As a result of this move, the world’s second-largest cryptocurrency moved back above a recent support point of $1,220.
This comes as the 14-day RSI bounced from a key floor of its own at 38.00, and as of writing, the metric is tracking at 40.46.
The 10-day (red) moving average also seems to have started to trend sideways, which signals the current price consolidation in the market.
ETH bulls will likely continue to target a rally above $1,300 should this flooring hold during the weekend.
This is not a piece of financial advice.
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#ETH/USDT 1DAY UPDATE BY CRYPTO SANDERS !Hello, welcome to this ETH/USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
CHART ANALYSIS:-Ethereum (ETH) also plunged in today’s session, with prices falling below $1,200.
The world’s second-largest cryptocurrency has been down by roughly 2% on Thursday, falling to a low of $1,189.21 in the process.
This decline saw ETH/USD break out of its recent floor, with the next visible point of support at the $1,105 mark.
Unlike BTC, it seems as though the moving averages on ETH could still be heading lower, which could prevent many bears from entering at this moment.
Currently, the RSI here is hovering near a floor of 38.00, and should this hold, we could see prices begin to rebound.
However, if a breakout does take place, it is likely we could see ethereum head below $1,100.
This is not a piece of financial advice.
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When the bottom of ETH?🔥🚀Hello guys, I have already set targets for ETH in the last idea for NASDAQ and I present to you a detailed chart of the possible development of events for this coin, I keep shorts from 1600$ but we will probably come to this zone again in the area of 1400-500$, globally I expect the bottom for the markets in January, for ETH it is 700-650$, I think we will draw something like a wedge and on the weekly chart we will see a big divergence on the RSI MACD indicators and others.
Perhaps in the near future I will lay out the idea for BTC, where I expect a bottom in the region of 11300-12600$
Good luck and profit to everyone🔥🚀
P.s And apologize for the grammar, I express my thoughts with the help of a translator😁 Peace 🙏
ETH Heavy Short Setup To Break Previous HTF LowDay's Bias Bearish
Plot:
Implementing ICT's Friday's Asian Range Concept
Price has already started taking out liquidity Sellside
A lot of relatively equal lows and a very suspicious GAP on the Daily TF where the midpoint of 2018's Highest and 2019'ss bottom can be found.
Entry at a gap left in the middle of last Friday's Asian Range that has not been revisited and where a strong displacement came from.
Price definitely seeking lower prices strongly.
We can wait for an LTF ICT Setup entry short in this area with SL above or at $1283.64 and don't forget to add the spreads for other platforms.
#ETH/USDT 1HOUR UPDATE !!Hello, welcome to this ETHUSDT 1Hr chart update by CRYPTO SANDERS.
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CHART ANALYSIS:-ETH/USDT bounced from the hourly support. ETH needs to break the $1352-$1520 area to get some momentum. We may see some sideways move from $1500-$1600 for the next few days.
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ETH BEARISH Price Arrays of Value ObservationDay's Bias: Bearish
Just observing price and plotting Price Arrays of Value and identify the right entry point for a short.
Bias remains strongly bearish as DXY appears to be on an upward direction and any down move of ETH should be strong.
Additionally, price action remains leaving HTF Swing Highs while continuing to seek liquidity from lower price arrays.
ETH Short Setup At London & NY OverlapDay's Bias: Bearish
Plot:
Implementing ICT's Friday Asian Range Concepts targeting huge GAP in lower prices on Daily TF.
Behind that GAP is the midpoint of 2018's highest and 2019's bottom as a confluence.
Found also a possible entry at a gap left from Friday's Asian Range midpoint where a setup could form.
Waited for LTF liquidity formation in a form of relative equal highs to be taken out prior to a SHORT Entry Setup to occur.
Friday's Asian Range midpoint has not been revisited prior to an impulse move down last week.
Targeting recent HTF Swing/Equal Lows down to Daily TF Gap.
Trade will be closed at any condition right before end of NY Session.
#ETH/USDT 1DAY UPDATE BY CRYPTO SANDERSWelcome to this ETH/USDT 1DAY chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
Show support hit the like button, and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
CHART ANALYSIS:-Ethereum (ETH) was trading below $1,300 for a third straight day, following recent market uncertainty.
Despite starting the day, and week, trading at the bottom of $1,178.43, ETH/USD marginally rebounded, climbing above $1,200.
The world’s second-largest cryptocurrency surged to an intraday peak of $1,267.48, which is over 2% higher than earlier lows.
Looking at the chart, the surge in price has also led to the RSI climbing higher, with the index now hovering below a ceiling of 43.00
In order for ETH to extend today’s surge and move above $1,300, this point of resistance will likely need to be broken.
Overall, Ethereum is currently down by as much as 20% from the same time last week.
This is not a piece of financial advice.
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#ETH/USDT 12Hr UPDATE BY CRYPTO SANDERS !Hello, welcome to this ETH/USDT 12Hr chart update by CRYPTO SANDERS.
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Show support hit the like button, and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
CHART ANALYSIS:-Ethereum (ETH) rose by as much as 8% in today’s session, as the token briefly recaptured the $1,350 level.
Soon after the U.S. inflation report was released, ETH/USD rose to a peak of $1,351.79, moving away from earlier lows of $1077.24.
The token continues to trade above yesterday’s bottom, and as of writing is residing at the $1,272.95 mark.
Typically, such a move signals the beginning of a downward trend, which could mean that we have not yet reached a bottom.
Should this be the case, bears will likely be targeting a breakout below $1,000, after failing to move beyond this point earlier in the week.
This is not a piece of financial advice.
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#ETH/USDT 12Hr UPDATE BY CRYPTO SANDERS !Hello, welcome to this ETH/USDT 12Hr chart update by CRYPTO SANDERS.
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CHART ANALYSIS:-ETH/USDT has done a triangle pattern breakdown and looks like it is retesting A where the moment may come down which will be the next target for ETH from $550 to $650.
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ETH usdt THE HUGE SHORTBy now you now my track record so without explaining much, all i am going to say is that we might be buying ETH at 3 digits soo.
Setting SHORT 2 short orders.
S hort at 1580$ with 75% of position
Short at 1620$ with 25% of position
Leverage X3
Take profit prices
25% at 1446 $
25% at 1351 $
25% at 1255 $
25% at 1105 $
in case it doesn't go our way,i will update here.
FOLLOW FOR MORE AND CHECK BIO FOR URL
#ETH/USDT DAILY UPDATE !!Hello, welcome to this ETH/USDT 4Hr chart update by CRYPTO SANDERS.
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CHART ANALYSIS:-
The price just broke above the 50-day moving average resistance line after multiple rejections during the last couple of weeks. this is the first time it succeeds since September, and if the price holds another day above it – it will become the longest period since April.
In the event of a bullish daily close above said moving average, the breakout would then be considered valid. The next targets for ETH are the $1670 resistance level and the 200-day moving average located nearby.
From a traditional technical analysis perspective, a bullish breakout above the 200-day moving average would theoretically mark the beginning of the new bear 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.
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#ETH/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this ETH/USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
Show some support, hit the like button, and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS:- Ethereum (ETH) was also in the green in today’s session, with prices moving closer to the $1,600 mark.
Following a low of $1,526.73 on Thursday, ETH/USD surged to an intraday high of $1,585.98 earlier in the day.
The move led to the token colliding with the key resistance point, however failing to fully break out of this barrier.
Since this earlier collision, ETH has somewhat slipped, and as of writing is currently trading at $1,577.26.
Like with bitcoin earlier, previous bulls have seemingly taken profits, just as the RSI neared a resistance point of its own.
The index is currently hovering around a ceiling of 63.00, which likely prompted traders to liquidate positions, in order to avoid market uncertainty.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
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ETH Fib Time/GP/Weekly SupplyETH is currently rejecting at the GP pulled from the August 14th high to our most recent low, which coincides with the weekly supply zone around 1680. At the same time we have a macro fib time pull, marking off Thursday October 27th as a significant date - typically the fib time pulls indicate either a top or a bottom and historically they have fallen on some other critical pivot points in the past. Considering the major resistance that we are currently facing, there is a good chance we will see a retracement from here. I am starting to notice similarities between our current price action and this fractal, which I scaled up to fit. It would also agree with the idea of a retracement from here.
I also have a second scenario in mind, but either way I believe ETH will end up in the macro GP from ATH / last weekly fair value gap up in the 2400-2500 area. I will post the second idea shortly.