#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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Ethdominance
#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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#ETH/USDT 1DAY UPDATE BY CRYPTOSANDERSHello 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 all, thank you, guys.
#ETH/USDT UPDATE:-Like BTC, Ethereum (ETH) fell for a second consecutive day, as the token moved below the $1,300 level.
Earlier in yesterday’s session, the token was trading above a ceiling of $1,330, however, after failing to sustain a breakout, bears reentered the market.
The world’s second-largest cryptocurrency fell to an intraday low of $1,291.66, a day removed from hovering at a high of $1,332.49.
As can be seen from the chart, today’s decline in ETH comes as the 14-day RSI continued to fall from its own ceiling of 46.80.
Currently, the index is tracking at 43.47, with the next visible point of support close to the 36.00 regions.
Should price strength continue to deteriorate, we could soon see Ethereum move further into bearish territory.
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#ETH/USDT 1DAY UPDATE BY CRYPTOSANDERSHello 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 all, thank you, guys.
#ETH/USDT ANALYSIS:-Ethereum
Ethereum (ETH) also surged to start the week, with the token climbing for a second straight session.
After a brief breakout below its floor of $1,275 on Saturday, Ethereum has put together a run of back-to-back gains.
Today’s surge has seen the token peak at $1,322.33, which comes a day after it was hovering around the $1,281.29 mark.
Despite today’s gains, momentum in ETH/USD continues to be bearish, with the 10-day (red) and 25-day (blue) moving averages trending downwards.
Bulls will likely be tentative to enter at this point, as we near a ceiling of $1,330, with the RSI, also nearing an obstacle.
As of writing, the index is tracking at 45.87, slightly below a ceiling of 46.00.
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ETH/USDT 1DAY UPDATE BY CRYPTOSANDERSHello 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 was supported by the ascending line (in green) again, and increased investor confidence prevented the price from closing below it. The chart currently shows no notable signs of bullish momentum as the sideways trend continues for a second week.
The first obstacle is to break $1,500. (in red). This resistance results from the descending line (in yellow) and the 100-day moving average line (in white) colliding. If the ETH can clear this hurdle, the path to $2000 will be clearer.
As long as Ethereum trades below $1,500, a retest of the green support is not ruled out. Closing below this level may take the asset to the next support level at $1,000.
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#ETH/USDT 1DAY UPDATE BY CRYPTOSANDERSHello 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:-Ethereum (ETH) was also trading low to start the weekend, as a bullish sentiment from yesterday’s Consumer Sentiment data swiftly wore off.
Since hitting a peak of $1,368.74 during yesterday’s session, ETH/USD fell to a low of $1,320.38 earlier in the day.
As a result of this sell-off, the world’s second-largest cryptocurrency dropped below its support point of $1,330.
Currently, the token is trading at $1,325.36, with bulls attempting to climb above this current point of resistance.
Like with bitcoin, Ethereum's 14-day RSI is also consolidating and is hovering below a ceiling of 41.00 as of writing.
The 10-day (red) moving average seems to finally be positioned for a bounce, however, this will likely only occur once the ceiling on the RSI indicator is broken.
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Ethereum (ETH) - September 22Hello?
Welcome, traders.
By "following", you can always get new information quickly.
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Have a good day.
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(ETH.D 1D chart)
For ETH to remain on the uptrend, ETH dominance must remain above the 18.54-20.13 range.
If it doesn't, there's a good chance it will plummet.
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(ETHUSDT 1D Chart)
The 1340.12 area is unsupported and is falling.
The interval 924.52-1196.81 is the interval that determines the trend.
Therefore, it is important to be able to support and rise in the 924.52-1196.81 section.
In particular, if it falls below 1091.48, there is a high possibility of a downtrend, so you need to think about countermeasures.
RSI and Stoch RSI indicators are entering the oversold zone.
Therefore, it is necessary to check where support and resistance are found when the oversold zone is broken.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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ETH/USDT 1DAY UPDATE BY CRYPTOSANDERSHello 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 UPDATE:-Ethereum
Last week was a historic week for Ethereum (ETH), as the highly anticipated Merge took place, seeing the token become “green”.
However, since then, prices have dropped considerably, with today’s decline taking the token to a low of $1,287.42.
This comes less than a week after the world’s second-largest cryptocurrency was trading above $1,700.
As seen from the chart, the drop saw ETH/USD fall to its lowest point since July 16, when prices were rising from a spell below the $1,000 level.
The momentum of moving averages (MA) has also shifted, with the 10-day (red) trend line crossing against its 25-day (blue) counterpart in a downward direction.
Some believe that we may still see further slippages, with bears attempting to take Ethereum below $1,000.
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#ET/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 UPDATE:-ETH/USDT looks bullish and RSI is bullish movement and 15% to 20% for eth bounce support and eth/USDT target.
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 1DAY 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 UPDATE:-Ethereum is moving within a descending channel (in blue) on the daily chart. This resistance line has prevented further growth since registering its all-time high. When the price last hit the channel’s top in August, it suffered a drop to $1,422 as a consequence.
The scenario for the Relative Strength Index (RSI 30d) is comparable. The descending line (in white) that has formed over the last 12 months is acting as resistance.
To fulfill the two important goals — breaking out of the channel and overcoming the horizontal resistance at $1,800 — the bulls must now drive the price above that level (in red). This coincides with gaining momentum above the descending line in the RSI.
On the other hand, if the Merge turns out to be a sell-the-news event, investors should be ready for heightened pressure that could send the price back to $1350 and even lower.
Support Levels: $1420 & $1350
Resistance Levels: $1800 & $2100
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 1DAY 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 UPDATE :-
Ethereum (ETH) was also lower during Saturday's session, as the coin fell below $1,600 once again.
After Friday's high of $1,643.18, ETH/USD declined by almost $100 to a low of $1,542.30.
As bearish sentiment returned to crypto this fall, Ethereum broke its own support at $1,550 to start the weekend.
The earlier downtrend has now subsided, as profit takers opted to give up their positions as opposed to keeping the trades open.
Although the prices have risen above the previous levels, there are some who fear that there will be further downside.
If the market volatility continues to trend downwards, the bears are looking at the lower $1,420 level as a potential target.
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 4HR CHART UPDATE⚡️Hello, traders welcome you all to this exclusive ETH 4hr chart update.
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Let’s look into the chart,
After printing a bullish divergence at lower trend line support ETH was able to move upside by 10% already and it's currently trading above the green support zone.
In a shorter time frame, ETH broke above the triangle pattern upside and printed some potential to move upside towards the upper trend line resistance in upcoming candle formations.
Let's see how it goes in the upcoming hours.
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DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
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⚡️ETH PRINTING BULLISH DIVERGENCE⚡️Hello, traders welcome you all to this exclusive ETH 4hr chart update.
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Let’s look into the chart,
As we can see in the above-mentioned chart that ETH currently trading on a lower trend line support after rejection from the upper trend line and a meltdown of 23%.
As ETH printing a bullish divergence in 4hr chart, it just needs to hold this level to regain from the current level towards the upper trend line resistance in upcoming days.
Candles close below lower trend support will be unsatisfactory for bulls.
Let’s see how it goes in the upcoming hours.
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If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.