#ETH/USDT 4Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USDT UPDATE !!
ETH/USDT rising wadge channel is broken and support 100MA is likely to bounce back ETH /USDT
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Ethanalysis
#WEEKLY UPDATE ETH/USDHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USD UPDATE!
ETH Weekly Update Me ETH is trading above 200 MA we can do that ETH holds 200 MA support but RSI is showing SUPPORT for ETH if ETH can bounce from here and altcoin can bounce fast.
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#Ethereum Completes a Retest, will ETH Bulls Reclaim $2k?Past Performance of Ethereum
Ethereum remains one of the top performers, gauging from its performance on the daily chart. Even though there were lower lows, the uptrend is defined. The coin, as an illustration, is up nearly 130 percent from the 2022 lows. Based on the candlestick formation in the daily chart, ETH remains in an uptrend as long as prices trend above $1.77k.
#Ethereum Technical Analysis
Currently, ETH is stable, and Ethereum is in a bullish breakout formation. Following the contraction from around $2k and expansion earlier today, the coin may have completed the retest phase. Confirmation of today’s gains may see ETH erupt to reclaim $2k in a buy trend continuation formation. A double bar formation, swinging for buyers and unwinding recent losses from around the $1.77k could fuel demand, allowing risk-off traders to capitalize on the arising opportunities. On the flip side, conservative traders can wait for refreshing gains above $2k before reloading, setting sights on $2.5k or better.
What to Expect from #ETH?
ETH prices could rip higher primarily due to fundamental factors. All the same, how fast this depends on the reaction at immediate support or liquidation lines. Ethereum is within a bullish breakout formation even with the recent rejection of higher highs.
Resistance level to watch out for: $2.05k
Support level to watch out for: $1.77k
Disclaimer: Opinions expressed are not investment advice. Do your research.
ETH Daily TA Neutral BearishETHUSD Daily neutral with a bearish bias. Recommended ratio: 47% ETH, 53% Cash . * The PBOC (Central Bank of China) cut key lending rates for a second time this year (to the surprise of many) in response to weak economic data (worsening July credit, retail, industrial and property sector data) that projects China to miss its first GDP growth estimate since 2015. Considering the impact of China's economy on the global scale, fears of a pending global recession were renewed. In unequivocally abnormal 2022 fashion, this sent Cryptos, Commodities and Treasuries down and Equities, VIX and DXY up. The Merge is still scheduled for a 09/15/22 launch on Ethereum's Mainnet . Key dates this week: US Housing Starts and Building Permits at 830am EST 08/16; 5th GDPNow US Q3 GDP estimate at 915am EST 08/16 ; US Retail Sales at 830am EST 08/17; FOMC Minutes 2pm EST 08/17.* Price is currently trending down at ~$1900 and is still technically testing $1941 support. Volume is High and on track to favor sellers for a second consecutive session if it can close today in the red, this large of Volume is reflective of recessionary fears driving investors back out of Crypto. Parabolic SAR flips bearish at $1711 minor support, this margin is neutral at the moment. RSI is currently trending down at 63.41 after breaking below the uptrend line from 06/18/22 at 69, if it is unable to bounce here it will likely lose support of the uptrend line from 06/18/22 and potentially retest the next support at 55 (which coincides with the descending trendline from February 2020). Stochastic remains bearish and is currently trending down at 70 while still technically testing 81 support. MACD remains bullish and is currently trending down at 124 after forming a soft peak just below the upper trendline of the descending channel from August 2021 at 128 (resistance). ADX is currently trending sideways at 33 as Price is falling below $1941 support, this is neutral at the moment. If Price is able to bounce here and close back above $1941 support, the next likely target is a test of the 50/50 uptrend line from February 2017 at ~$2200 (which will likely coincide with the 200 MA) as resistance. However, if Price continues to break down and closes below $1941 support in two back to back sessions, it will have a bit of support at $1850 before potentially retesting $1711 minor support . Mental Stop Loss: (close above) $1941.
#ETH/USDT 4Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USDT UPDATE!
ETH/USDT has gone up inverse head and shoulders up side break and is bouncing we expect ETH to go up to around $2050 from here
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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#ETH/USDT 2Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USDT UPDATE :-
ETH/USDT Breakout uper side and retest the green zone and bounce eth almost 12 % pump
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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#ETH/USDT 2Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USDT UPDATE :-
As I told in the previous update, you can read further in ETH's it is going on
As we can see ETH performing extremely well and current about to face the major resistance level of $1770.
Some consolidation is expected below the resistance and break above is likely in upcoming days which will be bullish continuation signal and green signal to enter more ALT COINS.
Rejection from resistance level will lead ETH to drop down at lower support level again and will be the invalidation of this chat analysis.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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#ETH/USDT 2HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
In current scenario ETH trading on a support level and highly chance to grow above from current level until ETH holds this level.
Candle close below lower trend line support will lead ETH to drop down towards lower trend green support level.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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Ethereum- Sell opportunity for short term tradersAfter the recent high above 1700, Eth has started to correct lower and dropped around 1550.
A new leg of correction can follow and traders could focus on a break under 1550 now as it represents confluence support.
A break here could lead to further losses towards 1300 important support
#ETH/USDT 1HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
Ethereum update :-
ETH/USDT is forming a flag pattern if the upper train breaks the line and goes up about 28.92% so there will be PUMP from here, as a result of this all ALTCOIN will also see bullish movement
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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Ethereum (ETH) /USDT 12Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
Ethereum update :-
With the price just around $1,700, Ethereum has reached a key resistance after a 9.1% rally in the past seven days. Should buyers manage to push ETH above this key level, then it will have free reign until $2,000. The cryptocurrency has formed a clear uptrend with higher highs and higher lows in the past few weeks, and the bias is bullish.
ETH has been one of the strongest performers in the market since it bottomed at $880 (Binance) on Jun 18th. Since then, the price has doubled with a current local high at $1,793. This is an impressive achievement in less than two months!
The key support is found at $1,400, but if bulls manage to turn the current resistance into support, then a significant buying volume across the board could be in play. It is still uncertain if this will be the case at the time of this post therefore, a possible pullback at the key resistance level of $1,720 before another push higher from buyers is still possible.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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#ETH/USDT DAILY UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USDT Daily Chart Update !!
The bears defended the overhead resistance at $1700 (in red) and stopped the recent vertical rally in a daily timeframe. This caused the price to sink below the horizontal support at $1,420, which overlapped with the 0.5 Fibonacci level at the time of writing.
The following support ranges between $1280-$1320 (in green). It is crucial that the bulls can hold the price above this range. If ETH closes below it, the momentum will tilt in favor of the bears, and the cryptocurrency could miss a significant chance to advance before the Merge event.
On the other hand, if it bounces from the support level, it could be the case that when the 100-day moving average line (in white) reaches the resistance zone, the bulls will try their chance to clear this hurdle. If it happens, this could open the doors for a rally to $2000.
Relative Strength Index (RSI) 14d: this index is approaching the midpoint. It suggests the balance between supply and demand.
Nevertheless, the RSI indicator has formed a descending resistance trendline, and the next bull run won’t be anticipated unless the mentioned threshold gets broken.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
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#ETH/USDT 1HOUR UPDATE !!Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks Friends.
ETH/USDT Update!
As we can see ETH is bouncing off ETH 50MA on 1 hour chart, if position is holding then don't panic if ETH breaks 50MA below 50MA and $1550
Remember:- This is not a financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade.
Thank you for your time, we hope that our work is good for you, and you are satisfied, we wish you a good day and big profits.
Thanks.
#ETH/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USDT Update!
As we can see from the above chart that ETH performed well as per my previous chart, it was able to gain 9% from the lower green support level.
In the current scenario, ETH is highly likely to move higher toward the price level of $1780.
Here the Black MA is also reacting as a strong support area.
Rejection from this level will result in a decline towards the lower support level of $1300.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
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#ETH/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USDT UPDATE!
As we can see from the above-mentioned chart that ETH performed well according to my previous chart it was able to gain 58% from the bottom green support level.
In the current scenario, ETH retested the upper trend line which has become strong support after a breakout of 35 days long resistance and it’s highly likely to gain above side towards the price level of $1780.
Here black MA also reacting as a strong support zone.
Rejection from this level will result in a fall down towards the lower support level of $1300.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
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ETHUSD - 8h AnalysisHello there all,
Here's the ETHUSD analysis outlook potential direction.
Please do let me know if you are seeing what I'm seeing or have a different perspective on it, I would love to see your analysis.
Please do drop the chart link below on comment section.
This is not financial advice. 🙂
Thanks all.
ETHEREUM/USDT 4HOUR UPDATE!!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USDT UPDATE!
In the current scenario, ETH is currently holding well as a green support area, the longer it holds this level, the more likely it is to bounce back.
The MACD also printed a bullish cross-over with slightly lighter red bars, which is indicating a trend reversal from bears to a bullish pattern.
The candle will trigger a bullish pattern towards the $1270 price level if it closes above the $1110 price level.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
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#ETH/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
#ETH/USDT UPDATE !
As we can see from the above-mentioned chart that ETH broke above the triangle patterns and moved upside till the strongest resistance zone for now.
As ETH was unable to break above the resistance level and got rejected again, it fell down again at the lower support zone.
Here ETH holding the present support level very well.
A bounce and re-gain are highly likely in upcoming hours towards the upper trend line resistance.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
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