ETH/USDT 4HOUR CHART UPDATE !!Hello friends, welcome to this ETH/USDT update from Crypto Sanders.
Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the ETH 4-HOUR update.
Looking at the chart of Ethereum, it seems that there can be a bounce from here and along with this, other ALTCOIN will also bounce.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
ETHUSDT
Volatility Period: Around April 4 (April 3-April 5)Hello traders!
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(ETHUSDT 1D chart)
The BW indicator is showing signs of rising as it shows support near the MS-Signal indicator.
Accordingly, the key is whether it can rise in the 3503-68-3675.23 section.
The volatility period for ETH is around April 4 (April 3-5).
(1M charts)
The important sections are around 3321.30 and 3900.73.
(1W chart)
The StochRSI indicator is falling from the overbought zone and is at the midpoint.
Accordingly, there is a possibility that volatility may occur, so transactions should be carried out cautiously.
I think the key will be which direction it deviates from the 3503.68-3962.19 section, which is an important section on the 1W chart.
Since the BW indicator is located in the overbought zone, it is maintaining a strong upward trend.
Accordingly, if the StochRSI indicator turns upward when the price is maintained in the current range, it is expected to form an upward trend again.
Have a good time.
thank you
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched.
#BTCUSD 1M
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
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The End Of Ethereum. Not possible to hold.ETH/BTC pair has failed to hold line gain strength, this points to a giant loss of ETH in BTC terms and everything on Ethereum.
With Solana out to send stable coins cheaply, the SEC declaring ETH a security, ETH will likely never got a Spot ETF thus never catching up to BTC's Spot ETF Inflows.
This is where Staked Ethereum takes a loss they never thought possible.
ETH ANALYSIS🔮 #ETH Analysis 🚀🚀
💸💸 #ETH is trading around it's demand zone from where we have seen a bullish move many times. If #ETH shows any bullish candle and closes above $3350 then we will see again a bullish move.
📌Current Price -- $3313
🔰Target Price -- $3960
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#ETH #Cryptocurrency #DYOR
Ethereum can make small move down and then rebound upHello traders, I want share with you my opinion about Ethereum. Observing the chart, we can see that the price a not long time ago declined to the current resistance level, which coincided with the support line, and at once turned around and started to move up near this line. In a short time later ETH reached a resistance level, which coincided with the seller zone and broke it, but soon price turned around and declined back to the support line, breaking the 3600 level one more time. Some time ago Ethereum reached this level again, and entered to seller zone, after which rebounded down to the 3250 current resistance level, which coincided with the buyer zone, thereby breaking the support line. After this movement, ETH started to trades in a range, where it rose to the top part, after which Ethereum turned around and in a short time declined to the buyer zone, breaking the 3250 level. But now, I think ETH can little more decline in this zone, after which it turn around and rise back to the range, where later Ethereum will grow more. For this case, I set my target at the 3360 level. Please share this idea with your friends and click Boost 🚀
ETHEREUM - Price can make retest, after exiting and bounce upHi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊
A not long time ago price entered to triangle, where it made upward impulse from support line to resistance line.
Also, ETH broke $3200 level, and later turned around and fell to support line of triangle and then bounced up.
Ethereum exited from triangle pattern and entered to resistance area, breaking resistance level, but soon fell below.
Next, ETH continued to decline in wedge, where price even made fake breakout of $3585 level and then continued to fall.
Recently, when price fell to support line of wedge, it turned around and in a short time exited from wedge.
Now, I think Ethereum can make retest, after exiting and then continue to rise to $3450
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ETH/USDT 4HOUR UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH/USDT update from Crypto Sanders.
Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the ETH 4-HOUR update.
Looking at the 4-hour chart, the recent market consolidation seems clearer. The price created a rising wedge and broke it to the downside, which is a classical bearish continuation pattern.
While ETH is approaching the 3,000 support level, the RSI is dropping below the 30% mark, which indicates ETH is oversold in this timeframe. Therefore, it might only be a matter of time before the price rebounds higher, probably from the 3,000 support zone.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
Ethereum - Price is breaking the Bearish Flag patternPrice Action shows signs of correction in the Medium-Term
And in the short-term time frame, a classic bearish pattern can be seen
Trading Setup:
There is a Trading Signal to Sell in ETHUSDT Ethereum (1h)
Traders can open their Sell Trades NOW
⬇️ Sell now or sell on 3435.0
⭕️SL @ 3540.0
🔵TP1 @ 3035.0
🔵TP2 @ 2650.0
🔵TP3 @ 2363.0
What are these signals based on?
Flag Pattern
Classical Technical Analysis
Price Action
Candlesticks
Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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ETHUSDT.4HLet's dive into the technical analysis of this Ethereum (ETH) chart against Tether (USDT) on the Binance exchange, speaking as if I'm the trader analyzing this chart.
We're looking at a 4-hour time frame which provides a good balance between detail and broader trend analysis. The chart is quite colorful with several technical indicators applied, including the Ichimoku Cloud, pivot points, and classic technical analysis patterns.
Immediately, I see that Ethereum's price has been in a downtrend, marked by lower highs and lower lows, which suggests a bearish bias. The chart also presents a descending triangle pattern, typically considered a bearish continuation pattern, indicating that the price may continue to fall if it breaks below the triangle's base.
The Ichimoku Cloud here is quite spread out, and the price is below the cloud, which in Ichimoku analysis, suggests a bearish market. The Base Line (Kijun-sen) is above the Conversion Line (Tenkan-sen), reinforcing this bearish sentiment. However, the price seems to be attempting to break through the cloud from below, which could signal a potential trend reversal if successful.
Looking at the pivot point indicator, it provides key levels of support (S1, S2) and resistance (R1, R2). The current price is below R1, indicating that R1 is acting as a resistance level. If the price were to reverse and go upwards, R1 and R2 would be the levels to watch for potential sell-offs.
The Relative Strength Index (RSI) is around 38.52, which is near the oversold territory but not quite there yet. This could suggest that there might still be some room for downward movement before buyers step in.
The Moving Average Convergence Divergence (MACD) is below the signal line and the histogram is negative, which is another indicator supporting the bearish momentum.
In summary, the overall sentiment from this chart is bearish. The descending triangle pattern, price position relative to the Ichimoku Cloud, and the RSI all suggest that Ethereum could see more downside. If I were considering a position, I'd look for the potential breakout direction from the triangle pattern, keeping a close eye on the Ichimoku Cloud for any signs of a reversal. A downward breakout would have me watching the S1 and S2 levels for potential entries, while an upward breakout above the cloud could shift the bias to bullish, and I'd look towards R1 and R2 as targets. As with any trade, confirming these signals with high volume and waiting for a confirmed breakout would be key to avoid false signals.
Ethereum (ETH) - Bullish 2024!Line of Support= $3,060
Line of Resistance= $4,080
Target!= $4,991
Ethereum is losing its grip on the $3,450 old Support zone, which marks a bearish short term strain that puts the ETH bulls in an uncomfortable position. If the bulls don't hold buying pressure, the price could fall as low as $3,050.
ETH/USDTHello everyone, let's look at the 1H ETH to USDT chart as we can see that the price is moving below the local uptrend line.
Let's start by setting goals for the near future that we can include:
T1 = $3,454
T2 = $3,603
T3 = $3,710
AND
T4 = $3,845
Now let's move on to the stop loss in case of further market declines:
SL1 = $3,189
SL2 = $3061
AND
SL3 = $2,884
Looking at the RSI indicator, you can see how we remain low below the downward trend line, while the Stoch indicator approached its trend line, which may trigger a rebound again, it is worth watching whether the downward trend will be broken.
ETH - Huge Oi rise. Big move is comingETH - Huge Oi rise. Big move is coming
Open interest increased by more than 100k contracts on Binance only. Ofthen that's a signal that big move is coming.
in a video i shared with you 2 examples on BTC and ETH how price moved 20% from it.
I highly recommned you to watch vidoe to see my plan and make money on it.
ETHUSDThink we are entering the eth a security? lol nah it isnt phase of the eth etf rumour phase
aka consolidation and building a base for a few weeks before we can move up again post halving and full moon
Theres also a fomc meeting in this period which should shake the whole market a little as per usual, pump/ dip into the meeting then pump after the news usually for that kind of event
over excited investors bet on the outcome premarket and the market moves to shake out any overlevered positions to either side before coninuation presumably
Mar.26-Mar.31(ETH)Weekly market recapThe market enters April. This is the month when BTC and BTC forked coins will be halved. Historically, BTC has experienced a certain correction (greater than 20%) before the past four halving times, and then started the main rise of the bull market. There was no significant drawdown in this cycle. Perhaps the BTC ETF and staking activities have increased the demand for BTC and ETH compared to the past.
On the macro front, in the past three months after entering 2024, the performance of employment data and CPI in the United States has not been good, and the market's expectations for interest rate cuts have gradually moved backward as the indicators have deteriorated. The market currently expects that interest rates will begin to be cut at the June FOMC, but judging from the current economic data, there is still the possibility of further postponement.
ETH gradually weakened after hitting 4000 in mid-March. The price rebounded above 3500 and then entered a range. The rebound is weaker than that of BTC, which may also be caused by the decline in popularity after Dencun’s upgrade or the unclear prospect of ETH ETF. And there is currently a large amount of ETH staked in the staking or restaking protocol, which poses a risk of volatility.
From an indicator perspective, ETH remains weak. There was no blue columns representing whales during last week's rebound, and there was a decline in trading volume. Although the ME indicator remains bullish, the wavy area gradually narrows.
Switching to the 4h level, based on the recent fluctuation, the ME indicator maintains a slightly bearish, but this is not important. One of the few things makes us exciting is that during the callback of ETH, MBF showed bottom-buying sentiment, which is consistent with BTC.
To sum up, we believe that ETH is in worse shape than BTC. The power of bulls weakens. We maintain the original resistance level of 4000 and lower the support level to 3100.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Another ETH dip InboundLorentzian Still showing negative with upward movement. All indicators still showing negative probabilities. Downward pressure small but still present. Bounce off of 3400 due to volume profile. Next leg down at previous target of 3260 for reentry.
If 32000 doesn't hold Current medium term trend broken then the next step down is at the .68, 2/1 Gann that is also supported by volume profile. Large Negative nodes still exist at these levels and the price will naturally fill them in over time. Major support at the 2500 Area and below.
If ETH holds 3260 current trend continues and indicates large Bull Flag, If it falls to 2500 Bull theory is not invalidated, however time frame to New ETH extends due to new higher levels of resistance from current Bag Holders.
Entry Target:3260
Stoploss:2900
Target 1: 4241
Target 2: 4941
Risk/Reward: 5.01
Probability: 96.08% (1000 days data, 2000 simulations, No black swans)
Target Date: 04/16/2024
Elliot correction wave possibly goes 1 of 2 ways, if 3200 holds and breaks and holds 4066, Continuation confirmed. If denied at that level, I will liquidate as Elliot waves indicating Head and shoulders pattern with a reentry at 2627.
Possible HS move:
Short
Entry:3993 after rejection
Exit: 2678 off of major support
Risk/Reward: 5.18 +1309 P/ETH
Then Reentry to Long Position:
Entry:2678
TP1: 3530
TP2: 4004
TP3: 4941
Stoploss: Standard 10% Trailing stop loss determined by average trend daily possible reversable loss.
Risk/Reward:10.5
Bearish and Bullish are just be adjectives. Be both.
-Soup Kitchen Day Manager
ETHUSDTETHUSDT, from my perspective, is a currency that I believe has potential on a medium-term basis. I have identified key resistance areas that are likely to turn into support once reached, and the price should respect these levels during corrections.
Please note that trading is done at your own responsibility; the above is merely my opinion.
📈Ethereum Analysis: Potential Scenarios in 4-Hour Timeframe✨🔍Today, let's delve into the analysis of Ethereum (ETH) to identify its growth or decline potential.In the 4-hour timeframe, ETH experienced a correction downward to around $3200 after reaching $4063. Currently, it's ranging between $3645 and $3480, with the previous candle breaking below the range. Now, we need to assess whether this could lead to stabilization or a potential fakeout.
⚡️From a Fibonacci perspective, retracement from the 50% level suggests the possibility of further downward movement, potentially extending the correction. If we continue to decline and breach $3299, we might target $2899, a strong support level that could anchor ETH against excessive correction.
📊The volume of red candles significantly outweighs that of green candles, indicating stronger selling pressure. Should this trend persist, further decline can be expected.
💥Regarding RSI, it previously held support around 44.89, coinciding with $3480, but has now dipped to 37.18. A breach of this level may not provide much distance to oversold territory, potentially leading to sharp movements.
💎Overall, these analyses apply to the 4-hour timeframe, with all movements constituting minor corrections in the weekly perspective.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2