ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH update from Crypto Sanders.
Chart Analysis:- Ethereum (ETH) moved lower for a fourth straight session on Thursday, as the cryptocurrency closed in on a recent point of support.
Following a high of 1,654.43 on Wednesday, ETH/USD dropped to an intraday low of 1,632.72 earlier today.
This extended slippage pushed ethereum towards a floor of 1,620, which was last hit on September 29.
Today’s fall in price came as the RSI marginally dropped below support of its own at the 50.00 zone.
the indicator is reading 49.24, with a lower level at 44.00 a possible target for sellers in the market.
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.
ETHBTC
Important support area: 1626.47-1669.67Hello?
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(ETHUSDT chart)
(1M charts)
The key is whether it can rise above 1941.9.
(1W chart)
The key is whether the price can be maintained beyond the current box range of 1006.32-1783.0.
Accordingly, it is necessary to check whether it can receive support and rise around 1678.12.
(1D chart)
The key is whether it can receive support and rise around 1669.67.
If not, and it falls below 1626.47, you should check if it is supported around 1519.34.
Accordingly, the 1626.47-1669.67 area is an important support and resistance area.
The current price position is higher than the high point of 2018.
Therefore, this means that in order for the current upward trend to be broken, it must eventually fall below 1128.53-1242.36.
I think this is unlikely because the amount of funds currently in the coin market has reached the reported high (ATH).
Therefore, when the price falls, you have a buying opportunity.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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Welcome back Ethereum. The Light is always Existing. ETH BULLAgain, we see a bottoming out.
We've seen it before.
We will see a slowly rising ethereum.
When the breakdowns come, we will witness the leaps.
There is no time left for us to lose.
The market is back.
We will see slow motion. There will be fluctuations.
Not investment advice.
ETHBTC VISION ELLIOTT WAVEHi everyone!
I want to share my vision on ETHBTC chart.
It can be doubts how to mark a global chart from the of Ethereum existance, but it is no doubts how to mark it from the middle of 2022.
Market made clear 5 impulse and I assume it as A wave
Then market was completing a complex correction as a wave B ( I can mark it either a descending triangle or WXYXZ ). AND I THINK IT HAD BEEN COMPLETED IN RECENT WEEKS
Now it is time for C wave that will consist its own 5 subwaves.
Upmove of ETHBTC will mean the power of ETH against BTC and hopefully the power of all Altcoin market.
Trade safe! Keep it simple and put your Risk Management first!
Sincerely
Bullish divergence in ETHBTC 📉📈❓🔍Here we are looking at the price indexed to 100.
🟢We have a descending rising wedge, with a bullish divergence: price falling, with the SMI (Stochastic Momentum Index) of the PVT (Price Volume Trend) rising.
🔴Could price revisit the 0.5 Fibo retracement in the final breather?
It could, but I think it's unlikely.
In any case, I traced this possibility using the white line.
🟢Furthermore, we have other divergences, if we consider the TOTALDEFI index:
ETH : The big pictureHello?
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(BTCKRW chart)
(1M charts)
I think the expected target point for BTC Halving will be 81K-95K based on the BTCUSDT chart.
If we apply this to the BTCKRW chart, it is expected to be in the 98164000-130142000 range.
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(ETHBTC chart)
I think the BTC market chart is a chart that allows you to compare the current coin (token) price range based on BTC.
Therefore, when looking at the BTC market chart from this perspective, I think it is enough to just look at the 1W chart.
It is recommended to check the current position of ETH compared to the current BTC price using the BTC market chart during periods of trend change and high volatility.
At other times, it is best to focus on the chart you originally intend to trade.
Therefore, what you are trying to get from the BTC market chart is that you can look at it to know when to buy.
(1W chart)
It is currently showing a downward trend, but looking at the overall picture, it is just sideways in the box section.
Therefore, from a mid- to long-term perspective, you can see that it is not yet time to purchase.
The bottom of the box section is currently expanded.
Therefore, I think it is a good idea to start buying when support is confirmed around 0.05320-0.05712.
This purchase is because even if a large drop occurs on the existing trading chart, from a mid- to long-term perspective, if the BTC price stabilizes, ETH is likely to see a large rise.
However, if BTC falls sharply by more than 10%, ETHBTC may temporarily fall.
Make sure you have cash on hand as this decline could take the price below 0.04880.
If such a decline occurs, the HA-Low indicator will appear to be rising and trying to be created.
At this time, check if there is support near the HA-Low indicator, and if there is support, you can proceed with the purchase.
If you want to delay the purchase due to fear of a decline at this time, you can confirm that the price is rising and supported by the HA-High indicator and proceed with the purchase.
If this happens, you may end up buying at the current price position, so it is a good idea to think about how to respond to this.
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(ETHUSDT chart)
I think ETH is also an altcoin in the larger scheme of things.
However, since the ETH market is considerably larger than other altcoin markets, it plays some of the same roles as BTC.
There is no need to compare the BTC market and the ETH market. The BTC market is huge.
It just means that it is forming a larger market compared to the altcoin market.
From this perspective, ETH is classified as having a special relationship, that is, an intermediate step between BTC and other altcoins.
Currently, ETH is not trending like other altcoins, that is, rising, even though it is in the sideways direction of BTC.
I think the reason is that, as mentioned above, it is classified into an intermediate stage between BTC and altcoin, forming its own unique flow.
Therefore, when BTC is in a buying period, it is recommended to also buy ETH.
That's why I say it's time to focus on buying BTC or ETH when BTC is below 29K.
(1M charts)
It failed to rise above the MS-Signal indicator and is showing a downward trend.
Therefore, we need to hold the price above 1312.55 and see if it can move higher along the uptrend line.
(1W chart)
It fell by more than 66%, forming a box section.
It is unknown whether this box section can be supported and rise by using it as a support section.
However, if there are long sideways movements in this box section, you can tell that buying has progressed to that extent.
Therefore, the longer this box section, the higher the reliability, so you can proceed with buying when it breaks the top of the box section.
After breaking above the top of the box section, it fell within the current box section.
Therefore, there is a possibility that it will decline further, but since it has entered the box section, it is likely to move sideways.
Therefore, it is necessary to check what kind of movement is shown in the box section.
If it appears to be falling below the bottom of the box section, it is recommended to proceed with a stop loss.
This is because we do not know where the next sideways section will form.
The current box section is a box section formed near the previous high point.
Therefore, even if it breaks out of the bottom of the current box range, it is not expected to break out much, so I think it is a good idea to continue holding it by adjusting the proportion.
At the BTC Halving, BTC is expected to hit a new all-time high (ATH).
It is expected that many other altcoins will also hit new highs (ATH).
Among these, ETH is also expected to hit a new high (ATH).
(1M charts)
Accordingly, the key is whether the price can rise beyond the circle drawn on the chart.
The long-term trading strategy for ETH is the same as that for BTC.
Therefore, a strategy is needed to either purchase ETH when purchasing BTC or to invest intensively in one of the two to obtain greater profits.
If you purchase BTC and ETH together, your small investment may be divided into two, resulting in lower profits. Additionally, you may proceed with the transaction with psychological pressure and anxiety until the transaction is closed due to lack of spare funds, so caution is required.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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ETH/BTC - Flippening ... What Flippening ???My analysis of the ETHBTC chart suggests that there will be no Flippening, neither soon nor ever, an idea which I hope you will challenge with tough questions. After all, this venue exists to arouse the reverse-engineers and to provoke the thinkers to do what we do best.
As always, I strive to render these ideas of mine so obviously that their explanation will require no words, and this forecast is no exception.
Although my trading tactics - including the beauty of Tradingview and how it makes me look good - are based on identifying the opportunities within VOLUME, VOLATILITY and TREND EXHAUSTION, this is not a trade, per se, but the consummation of my understanding of the future of Ethereum as a "commodity".
Furthermore, I am preparing the charts of XRP/ETH and AMP/ETH as part of the complete analysis. Now that I have enough followers for live-streaming eligibility (many thanks!), I intend to do a recurring weekly show on prospecting within the cryptosphere, where those charts and others will be showcased regularly.
First, though, I have a few more ideas to upload as I update other key charts for the final Quarter of 2023.
Until then, be liquid !!!
ETH/USDT 8HOUR UPDATE BY CRYPTOSANDERS !!Hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) also slipped lower during today’s session, which can also be attributed to traders opting to secure gains.
Following a high of 1,669.02 on Tuesday, ETH/USD dropped to a low of 1,621.36 earlier in the day.
the world’s second-largest cryptocurrency fell close to a support point of 1,620.
Price has since rebounded, with ethereum trading at 1,631 at the time of writing, owing to bulls choosing to reject a breakout.
An earlier failed breakout attempt seems to be the reason for the decline, with the RSI unable to rise above a ceiling of 49.00.
Price strength now sits at 45.72, with a floor of 40.00 as a possible target for short sellers.
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
The key is whether support can be received 1626.47-1669.67Hello?
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(ETHUSDT chart)
(1M charts)
The key is whether the price can be maintained by rising above 1941.9.
If it continues to fall, we should look for support around 1312.55 and see if we can move higher along the uptrend line.
(1W chart)
The key is whether it can receive support and rise in the box range of 1340.12-1783.0.
(1D chart)
The key is whether it can receive support around 1626.47-1669.67 and rise above 1848.78.
If it falls from 1626.47, we need to check for support around 1519.34.
Like BTC, it is located near the middle of the overall chart.
I think there are upward expectations for ETH.
Therefore, when a full-fledged uptrend begins, it is expected that the new high (ATH) will be renewed like BTC.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
ETH/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) also edged higher during Friday’s session, with bulls pushing the price closer to the 1,700 level.
After trading at a low of 1,617.80 on Thursday, ETH/USD rallied to an intraday high of 1,657.30 earlier in the day.
gains have since faded, with the world’s second-largest cryptocurrency now trading at 1,626.05.
A failed move beyond a resistance zone of 40.00 seems to be one reason for the reversal, with the RSI now tracking at 37.41.
Should momentum continue to slip, a floor of 35.00 could provide a stable base, and if this fails, ETH could slip under 1,600.
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/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) narrowly avoided a move below 1,600 over the last 24 hours, despite market sentiment seemingly remaining bearish.
Following a drop to a bottom of 1,603.03 on Sunday, ETH/USD climbed to a peak of 1,650.71 to start the week.
The price of the world’s second-largest cryptocurrency has since slipped, and as of writing is now trading at 1,633.67.
After almost dropping below 1,600, downward momentum eased as Ethereum’s RSI found a stable support point of 36.00.
price strength is now tracking at a reading of 36.79, with the 10-day (red) and 25-day (blue) moving averages on the cusp of an upward cross.
RSI remains above 36.00, there is a good chance that ETH will move above 1,700 in the coming days.
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
ETHBTC ❗Caution❗One more for today will be ETHBTC chart.
The wedge is forming for a year now. Chances are, the next BTC move down, ETH and ALTS will go up and even make the breakout from this formation!
...However, I'm not too sure about this. Previous Trend support zone has been crushed fast enough and wasn't going to retest it back. Chances are still here, But...
We have another, Bigger Trend line all the way from the Bottom (I hope it was one, cause if not, the blood will be all over the place) And I am guessing we will have another big fall is Sep/Oct and there may be the prices we're not gonna see in a while most probably.
So, I suggest you to look closely, with caution, cause we're gonna see volatility in the next weeks.
Be aware. Envision.
👁️ A.I.Vision
Ethereum - 76% crash to 389 USD! (must see, bear flag)
My analysis shows an impressive crash is prepared on ETH after 427 days of consolidation in this bear flag on the weekly chart! It was a long time, and ETH has been going pretty much sideways. Now we have to expect huge volatility!
The trendline of the bear flag is clearly breaking down with an ABC Elliott wave corrective pattern, which strengthens the bearish bias. It also looks like a wedge, but a wedge should have a 5-wave structure (a leading diagonal Elliott wave pattern). So this is a bearish pattern, and a 76% crash is absolutely coming in the next few months.
You probably don't have too much time to think about what to do with your investments, but consider if you can handle a 76% crash on your spot or futures holdings. My recommendation is to sell, as it's too risky to hold it, and buying cheap ether later in 2024 is definitely juicy!
Now what is the target, and where will the bottom be on ETH? We have a strong confluence at 389 USD and 387 USD because this is the Fibonacci 0.618 level of the previous bull market on the LOG scale and also because this is a 1:1 Fibonacci extension from wave (A) -> wave (B) of the current bear market! What's more, we have a first point of control over the volume profile, which you can see on the left side of the chart.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I share my trades transparently and post trade setups privately.
As you know from my previous ideas, I expect Bitcoin to hit 10k next year. What would be really weird if BTC dropped and ETH rose? So 10k on BTC and 389 on ETH are my targets.
I also checked more altcoins, such as DOGE, SHIBA, XRP, and LTC, and none of them looked bullish. The best is to stay in USD.
Write a comment with your opinion, because I look forward to it!
Thank you, and for more ideas, hit "Like" and "Follow"!
ETH DROP VERY SOON (1D)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the ETH symbol.
One of the scenarios on the chart is a flat. If we get rejected from the red box to the bottom, we can have a big drop to the bottom
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Need to make sure it is supported around 1597.70Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(ETHUSDT chart)
The key is whether it can rise with support around 1597.70.
If not, you need to make sure it is supported around 1294.46-1340.12.
As the decline progresses, there is a possibility that the HA-Low indicator on the 1D chart will rise and be created.
If an HA-Low indicator is generated, it is important to have support around it.
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Below BTC 29K, it is a section where BTC or ETH is intensively bought.
Therefore, it is recommended to proceed with the 1st purchase of altcoins from a mid- to long-term perspective.
Market cap charts appear to be in a slightly volatile state.
Therefore, we will publish the analysis of the Market cap chart when things are normal.
USDT is a stablecoin that shows great influence on the coin market.
As this USDT begins to gap down, the coin market appears to be entering a profit taking period.
So, for this state to end, USDT's downtrend must stop.
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(ETHKRW chart)
The key is whether it can rise with support around 2109000-2208000.
If not, you need to check if there is support around the HA-Low indicator on the 1D chart.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** The trading volume indicator is displayed as a candle body based on 10EMA.
Display method (in order of boldest)
More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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ETHBTC - global analysis !!!The control zone 0.029878-0.036701 was worked out normally.
There is usually a big correction in this zone!
Now the price is in the global zone 0.054249-0.080167
A global correction usually occurs in this zone!
The price of the total volume was 0.019435
The price of the zone volume is 0.074209
Expected growth to levels:
0.138136, 0.191691, 0.275869