ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH update from Crypto Sanders.
Chart Analysis:- On the daily timeframe, the price has been on the rise since breaking above the 200-day moving average and the large descending channel. While ETH is still trading above the key $2,000 level, it is going through a consolidation phase below the $2,400 level, failing to climb higher.
The Relative Strength Index is also hovering around the 50% level, pointing to an equilibrium in momentum. As a result, the short-term price action heavily depends on whether the cryptocurrency drops below the $2,000 level or successfully breaks above the $2,400 level to target the $2,700 resistance zone.
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Ethlong
ETH updateArrows and timescale is for demo only. This is an update ETHUSD long term trend. Ethereum has always been good to us and has very much played out like my last idea. However i think near term is a time for a small correction. This is due to BTC market conditions and the fact that
Ethereum does not live on an island but follows the BTC god market.
I expect Ethereum's run up to continue, however as mentioned before it is likely we dip before the next big leg up. This will be a good opportunity for those who missed the boat to ladder in. If you've been following my idea's then you would have already been in, and in that case i believe it is best to hold your position. If you have liquidity and ETH does dip then buying more wouldn't be a bad idea as long as it matches with your personal risk tolerance and position sizing for ETH.
ETH/USDT ETHEREUM 1W BULLISH LONG#ETH is now trading around 2600$. Ethereum Pumps Up After Retest Like We Predicted. Those who would have opened long positions would have booked good profits. Enjoy the profits Guys🥂. So the Possible scenario is now according to the pattern we can expect more pump in #ETH. Stay tuned with us for further updates.
ETHEREUM will beat BITCOIN this time?GREAT WEEKEND EVERYONE
Bullish on Ethereum primarily because of the ETH/BTC CHART. I am of the opinion that 2500 can come, which is also 0.618 fib from the highest peak to the bottom on June 24.
We can discuss the enters: it's all up to you, enter DCA, enter now, wait for 200 Dma, 100 Dma, 0.5 fib. I am of the opinion that momentum is growing on the indicators and it may happen that we will not even reach those prices, my first entry is at 1940.
Waiting for 1870 and then 1800.
Liquidation under 1700
ETH Short-Term ☁️, 3D & 7D Forecast Bullish ☀️ Bullish skies ☀️ grace the global crypto market on the 3 and 7-day horizon! Upside potential beams for Bitcoin and altcoins as the SEC approves the first spot Bitcoin ETFs. A very bullish forecast for Ether, however, a short-term market correction is on the horizon in the next 24 hours. 🚀
ATTMO predicts a sunny week overall, but watch out for bearish clouds ☁️ looming over Polkadot, signaling potential downside risks.
Stay weather-wise in the crypto world and follow us for more crypto weather reports!
Ethereum's Course Amidst Bitcoin ETF Approval 🚀🌐The primary beneficiary of the Bitcoin ETF approval seems to be Ethereum and altcoins. With talks of a potential Ethereum ETF approval, the market is confident that if a Bitcoin ETF is approved, an Ethereum ETF might follow suit.
On the daily chart, it's evident that we are still within an overarching Wave 3, both on a higher and lower degree. I anticipate a support range between $2,900 and $3,680, followed by the formation of Wave 4 and the subsequent upward movement in Wave 5 for the overarching Wave 3. Ethereum seems to have a promising journey ahead. Looking at the daily support, I expect a correction within a lower degree Wave 3, forming a Wave 4 between 38.2% and 61.8%. I believe this level aligns with our support zone. Upwards, I see a target of at least $3,010. The exact trajectory and duration of this trade will unfold with time. 📈✨
ETF Approved, but why weren't you more bullish on ETHAll it took was some simple ratio analysis
To long ETH and to realize that the ETF was priced in, with virtually no impact on the market.
Well for now at least.
Spot long, of-course.
I don't trade, nor should 99.9% of people in this market environment.
Wonder why hundreds of millions get liquidated every time and people still ape in, with leverage.
They get rekt. Simple.
The short-medium term market direction is unclear but all I know is my long term bags are doing well and going to the moon for the long-run.
Just zoom out the timeframe
Its going to go up, just hold and have a set outline and quantitative backing
ETH Bullish ☀️ 24H & 1W Horizon; XRP Bearish ☁️? Sell Now? Ethereum, Litecoin, and Cardano are likely to profit from a bullish sun in the next 24 hours. ☀️ On the other hand, Ripple’s XRP and Avalanche are also likely to face downward pressure ☁️
Over a one-week horizon, bullish sun will shine over a larger part of the crypto universe, however, XRP, Avalanche, and Polkadot will still be facing bearish clouds, signaling further downside risk. ☁️
Follow us for more crypto weather reports!
ETH about to move with ETHBTC stophunt of cycle lows??Stophunt of old points of resistance and support can often lead to a reversal
Now that price has grabbed potential liquidity and stops set for previous lows.. price can now reverse. ETHBTC has hunted that liquidity grab or stophunt as we call it. That gives it room to now reverse.
Failed breakdowns can fail fast
If this breakdown does fail then have to be prepared that failed move fails fast. This is likely to be from a strong ETH breakout. If that is the case then ETHUP products may have a great deal of upside.
If the breakdown continues then dont want to be caught
Watch out for price going back below the point of reversal as it could drag lower and dont want to be stuck in the losing position
2024 is the year of $ETH and $ALTS!ETHBTC pair is showing a weekly divergence (not confirmed until weekly candle close).
If the RSI divergence forms, we can expect ETH/BTC to rally to its previous ATH until June, and possibly discovering new highs after that (if the narrative doesn't change).
I have to mention that with the current status of the market and many people shifting to other L1s, This ETH/BTC strength may fail. So Vitalik, come on!
ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH update from Crypto Sanders.
Chart Analysis:- As we are seeing Eth in the daily chat, upside heads and architecture artifacts have been created and these hard and soliders have been broken and doing the latest, we can expect about 30% to 35% from here. are are. maybe pumped
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.
ETHUSDEthereum is trading above strong support at $1924. This is a good sign that gives ETH every chance to achieve the second and third goals.
But in any case, you need to keep an eye on Bitcoin, because Ethereum is directly controlled by the Bitcoin trend. Now Bitcoin is below its big resistance.
Don't forget to show your support by like(rocket) and comment✅
Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️
KP3R big move on the way 🚀A bullish divergence occurs when prices fall to a new low while an oscillator fails to reach a new low. This situation demonstrates that bears are losing power, and that bulls are ready to control the market again—often a bullish divergence marks the end of a downtrend.
Next bull run will be mind blowing cuz there’s a whole lot of project that will do 100x NASDAQ:SLP #KP3R 🌪️⏳
ETH/USDTEthereum is the second largest cryptocurrency after Bitcoin, Currently, it is trading at $2222.83 with a total market cap of $267.392 billion. Ethereum presents a promising outlook as it undergoes a consolidation phase, fluctuating between the levels of $2156.89 and $2411.32 for approximately 32 days. The potential for a favorable entry arises if it manages to surpass the critical level at $2411.32. Noteworthy upper levels have been marked, with an optimistic scenario envisioning ETH reaching $3539.64. Caution is advised in this highly volatile market, emphasizing the importance of implementing a stop loss to secure funds against unforeseen fluctuations and market risks.
In simpler terms, Ethereum seems to be in a favorable position for potential gains, moving within a certain price range for about a month. If it successfully breaks through a specific level, there could be an opportunity for investors. However, due to the unpredictable nature of the market, it's crucial to use protective measures, like setting up a stop loss, to safeguard investments from unexpected market changes.