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ETHEREUM-USDT

🔥 Become A Better Trader By Using The ETH/BTC ChartBitcoin and Ethereum are respectively the largest and second largest crypto by market cap. Officially, ETH can be seen as an altcoin, which has historically behaved differently from Bitcoin. A rise in the ETH/BTC chart generally means that altcoins (=everything which is not BTC) is outperforming Bitcoin on average. The inverse is also true. However, when we apply the RSI to the ETH/BTC chart we can generally pinpoint the moment of a 'change in market sentiment'. In other words, the market will become volatile after the ETH/BTC chart has become oversold or overbought. During the bear market, an overbought ETH/BTC has nearly always been the signal for a coming dump. During the bull market, an oversold ETH/BTC has nearly always signaled an upcoming bullish move (scroll left on the chart). As seen on the chart above, ETH/BTC was severely oversold two weeks ago. With nearly all on-chain metrics saying that the bottom is in, this oversold reading might signal that we're going to see a move up in the near future. Enjoyed this analysis? Please drop a like and subscribing for future content 🙏
Long
by FieryTrading
8
Weekly Analyze of the Crypto Investing in October, 2022Date: Oct 17,2022-Oct 21,2022 This week, the crypto market has weakened as a whole, and the situation tends to be bearish. The BTC weekly small entity has a long shadow line, ending with a convergence pattern, similar to the sideways trend in the same period of 2018. The fluctuation range of the box is 18000–20000, and the daily fluctuation range is narrowed to 18900–19600. The volume can be weakened, in line with the pre-change pattern. The long-short critical level is 19500, the support range is 17800–18200, and the resistance range is 19800–20400 ETH's recent weekly line has also received dojis one after another, linking the broader market, with a horizontal range of 1200–1400. The daily line narrowed in the range of 1260–1340. At present, it is in a weak consolidation at the lower edge of the converging state. Pay attention to the extensibility of the upper and lower edges of the structure after the breakthrough. The support range is 1180–1220, and the pressure range is 1340–1380. Vtrading is a crypto trading platform providing smart coin trading strategies for every trader. If you are using Vtrading smart crypto trading bots, the Grid and Martin strategy are suggested for spot market, and the SMT strategy for futures market. (All for reference only, plz invest rationally)
by VtradingGlobal
Weekly Analyze of the Crypto Investing in October, 2022Date: Oct 1,2022-Oct 8,2022 This week, the crypto market went out of a rebound and repaired the market, but the trend is still not strong, and the overall situation is volatile. BTC's weekly highs and lows are raised, and this weak rebound will be maintained before effectively breaking through 18900. The daily line chose to break up after converging on the 3rd, and broke the previous high point. It fell back after encountering the resistance of the Fibonacci 50% of this section and the horizontal resistance level of 20500. It is currently running near the lower edge of the upward channel. The support range is 18500-19000. If the structure breaks down and relays, the support will be around 16500-17000 and the resistance range will be 20500-21000. Before ETH's weekly break of 1270 turned negative, it continued to rebound to repair expectations, but it needs to break through 1400-1420 to open the upward range. The daily line has been arranged in a narrow horizontal range, and it is currently at the upper edge of the low-level shock range, which is approaching the end of the convergence pattern. The support range is 1250-1300, and the pressure range is 1450-1500. Vtrading is a crypto trading platform providing smart coin trading strategies for every trader. If you are using Vtrading smart crypto trading bots, the Grid and Martin strategy are suggested for spot market, and the SMT strategy for futures market. (All for reference only, plz invest rationally)
by VtradingGlobal
CADJPY : Current Situation & Technical , Fundamental View#CADJPY - At this point, CADJPY is selling very well due to the current MARKET SENTIMENT. So CAD automatically went down. And unexpectedly, a JPY STRONG came in the last few days. This was because the Bank of Japan intervened to strengthen the JPY. In the meantime, CAD has become very weak in the last few days because the price of OIL has gone down. - But after that the price of OIL went down very fast. Due to this reason CAD was sold very fast before. You can check it by going to CAD CHARTS. But now with JPY WEAKNESS, CADJPY is getting a bit SELL. - Currently, the MARKET is slightly RISK OFF, JPY is going UP, therefore, CADJPY is being SELL. - Definitely CADJPY should be slightly DOWN until 104.60 LEVEL. After that, the possibility of moving to 110.06 LEVEL is very high. The reason for that is because even now OIL PRICES are going up a bit.
by benny_marshall
Weekly Analyze of the Crypto Investing in September, 2022Date:Date: Sep 19, 2022 — Sep 23, 2022 This week, the crypto market as a whole is still in a weak and volatile situation. BTC did not open the downside on the weekly line. Although the daily line continued to oscillate downward and hit a new low recently, after the false break, the positive turnaround showed signs of stabilizing, similar to the trend in early July. The premise is to defend the low range of 18000-18500. The resistance zone is 20500-21000. Although ETH also continued to decline on the weekly line, it was not strong enough. It's more like an inertial undershoot, which has now recovered somewhat. The daily line has fallen 30% from the high point of 1790, which is equivalent to the previous wave of decline. The structure has stepped back on the upper edge of a long-term consolidation zone in the previous period. In addition, the bottom deviates from the trend, and the market has strong rebound expectations. If it can stabilize above 1400 and get rid of the downtrend, the rebound target will be around 1500, the Fibonacci 50% line. The support range is 1200-1250, and the pressure range is 1500-1550. Vtrading is a crypto trading platform providing smart coin trading strategies for every trader. If you are using Vtrading smart crypto trading bots, the Grid and Martin strategy are suggested for spot market, and the SMT strategy for futures market. (All for reference only, plz invest rationally)
by VtradingGlobal
ETHUSDT ! A strong sale. Bears continue to dominate🐻ETHUSDT continues to trade in a bearish trend and as we can see on the chart, bearish forces are strong at the moment. Within the ascending price channel an upward correction was formed, which reached the 2020 limit level. On the 18th of August the price channel was broken and we see a strong downward impulse, which reaches the important level of 1597.5. The false-break does not give any reaction and the price goes back under the level, to the short zone. I assume that the fall can continue after the price will be able to consolidate under the level of 1597.5. Short-term target is the support of 1355.6. Regards to R.Linda!
Short
by RLinda
19