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.
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Ethdominance
#ETH/USDT 1HR UPDATE !!Hello everyone welcome to this quick update on ETH.
Earlier ETH broke above the cup and handle pattern and moved upside by 4% and got reversed from the $1220 price level.
In the current scenario, ETH again trading on a support zone level of $1170 which looks like a strong support zone at this time frame, here we can buy some at the current price level and add more if it drops downside.
MACD also printed a bullish signal with a bullish crossover between the bands.
As we all know current market is way uncertain so if you are getting in the long with low capital and always buy partially for being on the safer side always.
If Candle close below the lower support zone then it will be the invalidation and ETH’s entry at bearish mode.
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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.
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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.
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#ETH QUICK UPDATEHello everyone welcome you all to this quick ETH update.
As after the fall from the upper trend line resistance at the $1220 price level, it melts down by 11%.
In the current scenario, ETH again got a rejection from the upper resistance level and also printed a bearish divergence which is a clear signal of an upcoming fall down.
According to the previous PA, it may move down again by 8%.
Let's see how bulls and bears both react at the current price stage.
ETH can move down to the lower support zone.
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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) 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.
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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) extended recent declines, stumbling lower for a second straight session on Monday.
ETH/USD fell to a low of $1,110.57 to start the week, which comes less than 24 hours after hitting a high of $1,183.43.
Today’s drop, which saw the token fall by as much as 4%, took ETH to its lowest point since November 10.
Bears seem to be targeting a floor of $1,100, however, traders have so far rejected this proposition, with the token bouncing, and it is now trading at $1,120.26.
As can be seen on the chart, Monday’s drop in price coincided with the RSI breaking out of its own floor at 37.75, and it is now at 34.61.
with the trendline suggesting that further declines could be on the way.
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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) also stumbled lower on Saturday, with prices nearing a breakout of the $1,200 level.
Following a high of $1,222.20 on Friday, the world’s second-largest cryptocurrency dropped to a low of $1,200.48 earlier today.
The move came as ETH/USD fell below a recent ceiling of resistance at $1,220, with bulls now fighting to reject any further declines.
As of writing, ETH is trading at $1,209.44, as traders have so far rejected a drop below $1,200.
This is due to two things, first the 10-day (red) moving average has begun to trend upwards, which has brought back a level of bullish sentiment to the token.
In addition to this, the 14-day relative strength index (RSI) continues to track above a key floor of 37.75, which appears to be a major reason why we haven’t seen any further significant sell-offs.
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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) 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.
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#ETH/USDT 1DAY UPDATE BY CRYPTO SANDERS !Hello, welcome to this ETH/USDT 1DAY chart update by CRYPTOSANDERS.
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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.
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#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/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.
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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:-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.
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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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1 Litecoin could soon be worth more than 1 EthereumLTCETH has traded outside of the Boundaries of a 4 year wide Falling Wedge Pattern after giving us 3 distinct waves to the downside within the wedge and Bullishly Diverging on each wave down. Now we can see LTC breaking above the moving averages on major timeframes where it can now begin to make 3 major pushes up.
Given the nature of how Altcoin Pairs work in regard to the coins' actual USD Value this chart implies that in time; either ETH's USD Value will be coming down towards Litecoin's Price or that Litecoin's Value will be coming up towards and eventually above ETH's Price.
My bet is mostly on ETH's Marketcap losing serious Domiannce
and money flowing into other altcoin with Litecoin having the most potential.
#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.
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#ETH/USDT 4HOUR UPDATE !!Hello, welcome to this ETH/USDT 4Hr chart update by CRYPTOSANDERS.
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CHART ANALYSIS:- ETH/USDT 4Hr update ETH is showing a lower time frame flag pattern Now the flag pattern is broken and we are expecting the flag pattern ETH to go up to $1975 and if the price moves back to the flag pattern our chart will be invalid
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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) 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.
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#ETH/USDT 4HOUR UPDATE !!Hello, welcome to this ETH /USDT 4hr chart update by CRYPTOSANDERS.
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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.
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: the price of ETH officially surpassed $1,500 towards the end of October. Since then, the cryptocurrency has slowed down after hitting the resistance zone of $1650-$1700 (in red).
With the test of this resistance and the approaching FOMC meeting, it appears that some traders have opted to close their long positions. As a result, the bullish momentum has weakened slightly.
If Ethereum can establish $1,500 as support and does not close below this crucial mark, it could retest $1,700, which overlaps the 200-day moving average.
Alternatively, if the Federal Reserve does not signify any willingness to slow rate hikes later in the year, selling pressure on high-risk assets is likely to increase. In this case, the return of the upward trend would be out of the question.
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$1,000 Eth in Dec 22, $4,000 Eth in Dec 23Hi all,
The chart speaks for itself. Eth will remain in this range for the remainder of the year before a capitulation at the back end of December which will mark the end of it's cycle.
Eth will have a strong 2023 by increasing its market dominance in its pursuit for the no 1 spot which will lead it back to revisiting its ATH in Dec 20223.
That is all.
#ETH/USDT 2HOUR UPDATE !!Hello, welcome to this ETH/USDT 2hr chart update by CRYPTOSANDERS.
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CHART ANALYSIS :
ETH/USDT UPDATE:-Today I want to talk to you about the ETH/USDT chart.
The fake breakout happened, and agitation continues in flat.
I think there is a chance that the price will go up soon.
Then come out of the flat and break out the resistance level.
This is how I set two goals: $1310; $1340.
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