ETH ANALYSIS#ETH is currently holding the double bottom support at the black box area after breaking below to the ascending triangle as well as the rising wedge pattern,if eth loses the current sup [port we might expect more dump in the price and eth can test the blue box support area .
ETHBTC
#ETH Bulls up 40% from June Lows, ETHBTC in a Bull FlagPast Performance of ETHBTC
Ethereum is technically bullish versus BTC, especially if the price action of H2 2022 leads. Presently, Bitcoin prices appear firm but inside a descending wedge, that is, a bull flag. The primary support is at 0.070 BTC, while the resistance is 0.075 BTC.
#ETHBTC Technical Analysis
ETH buyers are in control, per the formation in the daily chart. Despite the series of lower lows, especially in the late Q3 and mainly Q4 2022, the uptrend is firm. To illustrate, ETH is up 40 percent from June 2022 lows. Furthermore, ETH bulls have support at around the 38.2 percent Fibonacci retracement levels meaning the upside momentum is still strong. However, from the current formation, traders can wait for a clean breakout before committing. Gains above 0.073 BTC, reversing losses of December 16, above the bull flag, may see ETH float higher, towards 0.075 BTC and 0.078 BTC, respectively.
What to Expect from #ETHBTC?
Prices are in range, trading inside a bull flag. Overall, buyers are in charge, but there must be a breakout for trend confirmation. Any surge above 0.075 BTC may drive more demand for ETH, pumping it to Q3 2022 highs.
Resistance level to watch out for: 0.075 BTC
Support level to watch out for: 0.070 BTC
Disclaimer: Opinions expressed are not investment advice. Do your research.
ETH ANALYSIS#ETH UPDATE.
#ETH has already broken below to the rising wedge and currently testing the lower band as the resistance .There re 2 possible moves that could be possible in the upcoming hours but until eth closes above the purple box resistance area longs are risky however shorts are most preferred positions as the chances of eth rejection from current resistance are so high.
new analysisIt's really hard to explain this
but we have a slight downpour, and then about 1 month to 45 days the market is bullish , and the altcoin will grow between 100 and 1000%, currencies with high market caps like Ethereum 100% and currencies with low market caps up to 1000%,
and then we have a terrible fall that many currencies will be destroyed
if you like analysis with me. Join me and make a profit to message me or comment
I put 7 new analyzes I will let you see all the analysis to pay attention to the analysis dates and do not harm
ETHEREUM 3D next move updateAccording to the chart, the downward trend continues in the weekly and three-day time frame, and if we hit this area, we expect a fall to the support range and even more than that, and otherwise, with the breaking of the trend line, the formation of an upward trend is not far from expected.
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.
Hit the like button if you like it and share your charts in the comments section.
Thank you
ETH ANALYSIS#ETH UPDATE.
#ETH is currently trading in rising wedge pattern which is generally a bearish pattern .On losing the lower band support we might see eth again testing the blue box support area once again,keep eyes.
When high volatility is neededHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(ETHBTC 1W Chart)
What you need to look at on the ETHBTC chart is whether it has an uptrend.
Whether or not there is upward force is judged by where it is located on the overall chart and whether it has risen above important support and resistance areas.
Currently, ETH is located near the high point, but it appears to be resisting in the volume profile section formed at the high point.
What we can tell from these movements is that they have the power to rise, but they can be interpreted as being constrained by the upward trend.
So, we see that it needs to rise above 0.079552 to continue this constrained uptrend.
----------------------------------------
(ETHUSDT 1M chart)
One thing to keep an eye on from the current chart is the movement of StochRSI on the HA SRRC indicator.
It means that StochRSI is unable to get out of the oversold zone and is trying to fall again.
When StochRSI breaks out of the oversold zone, it is necessary to check which zone is receiving support and resistance.
(1W chart)
The most important support and resistance zone in the current price range is 1340.12.
Whether it can rise above 1340.12 and receive support is expected to determine whether it can continue its mid- to long-term upward trend.
(1D chart)
What matters from the current price position is whether it can rise above the MS-Signal by holding the price above 1198.26.
Because if that happens, it is more likely to turn into a short-term uptrend.
However, since HA-High is located at the 1549.89 point, volatility that shakes up and down must occur, causing HA-High to fall.
If not, it is expected that there will be many restrictions on continuing the short-term uptrend.
Therefore, what is needed in ETH right now is great volatility.
We need to see if this volatility can occur around the upcoming December 29th.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
Ethereum will crash soonHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the ETH symbol.
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
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
ETH ANALYSIS#ETH UPDATE.
#ETH is currently trading at the resistance at the purple box area and still struggling to close above the same.On closing above the resistance eth might test the pink box resistance area ,however on rejection we can expect eth to test the green box support level.
Ethereum - Bears will shutdown ETH! Short here.
The price of ETH is moving into brutal resistance, and the bears are waiting patiently to shutdown ETH to lower levels!
It's going to be very extreme because the resistance is huge! I will tell you why in this analysis.
It's the previous structure's POC + 0.618 FIB + the previous trendline's breakout level + the start of the GAP.
As per my Elliott Wave analysis, this whole structure looks very complex and corrective. I would love to see some capitulation and a strong rebound, but it's not happening.
What's more, the downtrend from December 14 to December 19 looks totally strong and impulsive. It's the main direction of the trend, which is bearish.
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 post trade setups privately.
So my plan is to short ETH once it reaches my specific resistance. I am telling you, it will be a massive rejection!
If the ETH/BTC pair falls below the main support level, ETH can effectively free fall relative to Bitcoin. But this is a different chart and a different analysis.
I don't even know if ETH can reach the strong resistance; we will find out very soon!
Thank you.
ETHBTC As tight on the edge as it can get.The ETHBTC pair has been trading within the 5-month Higher Lows Zone for the past 5 days, tight also within the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line). All this while it remains bearish below the Lower Highs trend-line that started on the September 07 High.
The 1D RSI is rebounding off its 3-month Support Zone, so technically we should see a rebound. How high that will be depends on the September Lower Highs trend-line. A break above should target on the short-term the 0.076200 Resistance 1 (Dec 02 High). As long as a candle closes above each Resistance level, the next one can be targeted and pull-backs bought on the RSI Support Zone.
A break below the Higher Lows and the 1D MA200 (which hasn't had a 1D candle closing below it since October 22), would be bearish and should target the 0.0660 Support 1 (Nov 09 Low).
-------------------------------------------------------------------------------
** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
You may also TELL ME 🙋♀️🙋♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
ETH ANALYSIS#ETH UPDATE.
#ETH is currently holding the double bottom support on 4 and 1 day TF and break below this could result in more dump in the price of eth.
Ethereum Accumlation Area! Reminder: The Merge Won’t Solve Ethereum’s Scaling Woes by Itself!!
Ethereum’s transition to proof-of-stake might finally be around the corner, but true scale won’t come from a single upgrade, After yet another delay, the Ethereum network took a step closer to “the Merge” with its first Ethereum mainnet “shadow fork” – a successful test run of the network’s eventual transition to proof-of-stake.
As many of you will remember, Ethereum’s transition to proof-of-stake was originally set to accompany another upgrade: “sharding,” which promised to split up the network into pieces in an effort to increase transaction throughput and decrease fees.
But sharding won’t be coming any time soon. In order to expedite the shift to PoS, sharding was postponed until after the Merge and is now slated to come sometime in 2023 (though Ethereum timelines have a way of stretching out).
In the meantime, the focus has shifted away from the Ethereum network itself to layer 2 systems like “rollups,” which scale the Ethereum network off-chain while borrowing its essential security guarantees. An entire layer 2 industry has popped up to scale, or increase capacity on, Ethereum, with leading products such as Arbitrum, Optimism and Loopring allowing users to transact at a fraction of the cost of Ethereum, and attracting billions of dollars in combined total value locked (TVL) as a result.
ETH ANALYSIS#ETH UPDATE.
#ETH isd currently trading at the blue box daily support and if eth loses the current daily support it is lost likely that eth might test the green box support on daily soon.The next possible move would take 4-6 hours so keep eyes on that,however purple box is the current resistance and eth needs to close above this level for any upside move.
ETHEREUM 1D Important SupportIn the previous analysis, we mentioned the failure of the upward trend, which has led to the formation of a descending channel. If you maintain a support range, we expect the price to rise to the channel ceiling, otherwise the process will continue to $ 1,000 and $ 800.
Its not Buy or Sell SIGNAL
DYOR
BY : M.TeriZ - @AtonicShark