ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH/USDT update from Crypto Sanders.
Chart Analysis:- Turning to ethereum (ETH), the second giant in the crypto realm, we observe a substantial week-on-week gain of 17.4% with the price currently at 2,097. Ethereum’s oscillators, however, send warning signals with an RSI at 80.3, signaling a possible correction, and an overly bullish Stochastic at 90.6 resting at neutral. The CCI exacerbates this caution with a high 262.3, reinforcing the bearish sentiment.
Ethereum’s moving averages paint a more positive outlook, much like Bitcoin’s, with all indicators from the 10-day to the 200-day averages signaling strong upward momentum. The disparity between the shorter-term EMA at 1,937.7 and the longer-term SMA (200-day) at 1,777.4 suggests that while ether’s immediate trend is still bullish, there’s potential overheating that could prompt a near-term correction.
The market capitalization of ether stands at 252 billion, underscoring its significant growth over the past month by 33.1%. The volume and market cap showcases Ethereum’s liquidity and trader interest, indicating a healthy market for ETH. However, the inflated oscillator values raise concerns about sustainability and call for vigilance among traders against possible volatility.
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Ethlong
ETH : 🌞 Skies & Upside Potential in 24H, Correction in 1 Week? Mixed trading conditions ahead for the global crypto market in the next 24 hours. Bitcoin and Polygon face cloudy skies ☁️, translating into a slightly bearish market with downside risk. The sun 🌞, however, shines over the rest of the cryptosphere like Ether, Avalanche, and Ripple, hinting at upside potential, according to ATTMO.
Over a one-week horizon, Bitcoin and Avalanche are likely to also benefit from a bullish sunny sky. Ether will see tropical trading conditions with rain indicating that an imminent market correction is likely. ☔
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ETH: Potential Consolidation Before Targeting $2000ETH might be gearing up for a brief period of consolidation before setting its sights on the $20,000 price mark. This strategic pause can be seen as a part of the natural price journey for Ethereum, allowing it to gather momentum and prepare for the next potential bullish move.
ETH Long Opportunity Post BlackRock's ETH ETF ApprovalTrade Type: Swing
Fundamental
The approval of the BINANCE:ETHUSD ETF by BlackRock is a significant fundamental catalyst. This development is likely to attract institutional interest and investment into the Ethereum market, contributing to a positive sentiment. With the increased accessibility provided by the ETF, Ethereum's demand and value may experience a sustained uptrend.
Technical
The overall trend for Ethereum is bullish, supported by the positive fundamental catalyst. Additionally, the price is currently above the 50-day Exponential Moving Average (EMA), indicating a favorable technical environment.
Entry Idea
First Entry: On the 1-hour chart, look for a bullish pattern such as a flag or falling wedge. Enter the trade in the 0.382 to 0.5 Fibonacci retracement zone, with the price ranging from 2000 to 2060. Ensure that the entry aligns with the price being above the 20 or 50 EMA to confirm the bullish momentum.
Second Entry: Consider a secondary entry point around the latest major resistance zone, ranging from 1905 to 1930. This entry strategy provides an opportunity to capitalize on a potential breakout above the resistance level.
Risk Management
Implement a risk management strategy to safeguard the trading position. Set a stop-loss below the entry points to limit potential losses, considering the recent price action and volatility.
Remember to conduct further analysis and adapt the strategy to your risk tolerance, financial goals, and market conditions. Trading always involves risk, and it's crucial to stay informed and disciplined in your approach.
ETH Breaks Through $2000 with Blackrock's New ETH ETF!
I'm thrilled to share that Ethereum (ETH) has just shattered the $2000 mark, and the excitement doesn't end there. Blackrock, the renowned investment management firm, has recently announced the launch of their brand-new Ethereum Exchange-Traded Fund (ETF). This development is a game-changer for the crypto market and presents an incredible opportunity for all of us.
ETH's breakthrough beyond $2000 is a testament to its growing popularity and widespread adoption. With the backing of Blackrock, a giant in the financial industry, this milestone further solidifies Ethereum's position as a leading digital asset. The launch of their ETH ETF is a clear indication of the increasing institutional interest in cryptocurrencies and the immense potential they hold.
Now, you might be wondering, what does this mean for you as a trader? Well, it's time to seize the moment and consider going long on ETH! The combination of ETH's remarkable price surge and the introduction of Blackrock's ETH ETF opens up a world of possibilities. It's an ideal time to capitalize on this bullish trend and potentially reap substantial profits.
So, why should you consider long positions on ETH? Here are a few compelling reasons:
1. Institutional Confidence: With Blackrock's entry into the Ethereum market, it's evident that major financial players are recognizing the long-term value and potential of ETH. This institutional confidence can act as a catalyst for further price appreciation.
2. Market Momentum: ETH's recent breakthrough is a testament to its growing demand and market momentum. As more investors flock to Ethereum, the upward trend is likely to continue, potentially leading to even greater gains.
3. Diversification: Adding ETH to your portfolio provides diversification, reducing risk and offering exposure to a rapidly expanding asset class. With Blackrock's ETH ETF, you can now access Ethereum's potential without directly holding the underlying asset.
Now is the time to take action and make the most of this exciting opportunity. Consider long positions on ETH, keeping in mind your risk tolerance and investment strategy. As always, it's essential to conduct thorough research and consult with your financial advisor before making any investment decisions.
Remember, the crypto market is known for its volatility, so it's crucial to stay informed and adapt your strategy accordingly. Keep a close eye on market trends, news updates, and any regulatory developments that may impact the crypto space.
Wishing you a prosperous journey as you navigate the exciting world of cryptocurrencies!
Happy trading!
ETHEREUM: $2K POSSIBLE!!!Hello Traders,
Let's dive into an Ethereum update in a 2-day timeframe.
Ethereum has been on a remarkable upward trajectory for the past 20 days, and we're yet to see any significant correction in the market. While we've all been anticipating a healthy correction, it appears that ETH still has some momentum left to potentially reach the $2,000 mark. Looking at the chart, it's evident that Ethereum has broken above the resistance trendline, setting the stage for a potential move to $2,000, where we encounter robust resistance. In the event of a correction from this point after reaching $2,000, I anticipate ETH could retrace to the support range of $1,750 to $1,800.
Key Takeaways:
1. The $2,000 mark may be on the horizon if the bullish trend continues.
2. We're still awaiting a market correction.
3. Expect potential support around $1,750 to $1,800.
That wraps up this update. I trust you've found this information valuable. This video is for educational purpose only, do not consider this as financial advice. Please show your support by liking, sharing, and subscribing.
Thank you for your time, and happy trading!
$ETH LONG. Bossco Algo caught every $ETH bullrun.
BINANCE:ETHUSDT long entry has been in play. Bossco Algo caught every BINANCE:ETHUSDT bullrun.
Pity that TV took down my old post since it referenced an outside URL where entries are called in real time ...
Model Architecture:
• 1,000+ hours of quantitative research.
• 1,000+ machine hours of backtesting & forward testing.
• Based on pure price action, zero bias, zero emotions (see methods tested 👇)
• Long & Short, Execution on 4H timeframe
All methods tested:
Why share?
• It's my model, so I get the model signals first. I'll already be positioned in my longs, so I don't really care if you enter or not. Hedge fund PMs literally have dinners where they talk their own book after positioning.
• Signals are on a high timeframe on liquid assets, so you should be able to get in at the same price. You can't stop hunt me, because I don't post stop losses.
I will never give away the code or the techniques selected . No one gives away proprietary quant models that actually work. Please don't ask.
I don't plan on ever making signal access paid, since I want a public record of proof that the signals are real. I make my money through trading, not scam discords or courses.
Model output is for research purposes only. Not financial advice.
ETHUSD channel up inside channel downWe can see that ETH still in channel down for almost 6 mounth,
but we also have small channel up inside this pattern, and already reach channel up support.
How to enter the market in this situation?
We can take buy position with small target at channel up resistance or maximum target at channel down resistance around 1930
If channel up break down, we can enter long position at channel down support around 1500 with maximum target around 1900 at channel down resistance
Happy trading,
I will update this analysis if I found a new pattern
ETH ☀️ 24-Hour & 1-Week Outlook - We're Going Up? Mixed trading conditions on the global crypto market in the next 24 hours. 🌦️ Cloudy bearish trading conditions ☁️ lie ahead for Bitcoin, Ripple’s XRP, Cardano, and Binance Coin, while ☀️ sunny bullish conditions lie ahead for Ether, Litecoin, and Dogecoin.
Over a one-week horizon, the ☀️ sun will shine over the entire crypto sphere, indicating strong upside potential. Only Polkadot is set to face a ☁️ cloudy bearish trend, as ATTMO shows.
Follow us for more crypto weather reports!
Ethereum's Potential to Reach $2000 TargetEthereum has potential to reach the $2000 target. While it is important to approach such predictions with caution, there are several factors that suggest this milestone could be within reach. This idea aims to provide you with an overview of these factors and encourage you to consider a long position on Ethereum.
1. Market Momentum: Over the past few months, Ethereum has displayed remarkable resilience and has consistently demonstrated an upward trend. Despite occasional volatility, the overall market sentiment towards Ethereum remains positive. This consistent growth is a promising sign for traders who are looking to capitalize on potential long-term gains.
2. Institutional Adoption: Ethereum has gained significant traction among institutional investors, with major financial players showing a growing interest in this digital asset. The increased institutional adoption not only adds credibility to Ethereum but also paves the way for further growth and stability. This trend indicates that Ethereum's potential is being recognized by established financial institutions, which could potentially drive up its value.
3. DeFi and Smart Contracts: Ethereum's blockchain serves as the foundation for a multitude of decentralized applications (dApps) and smart contracts. The explosive growth of the decentralized finance (DeFi) sector has significantly increased the demand for Ethereum, as it remains the preferred platform for most DeFi protocols. As the DeFi space continues to expand and mature, Ethereum is likely to experience increased utility and demand, potentially driving its value higher.
Considering these factors, it is crucial to approach this potential opportunity with a cautious mindset. While Ethereum's growth has been impressive, the cryptocurrency market is inherently volatile, and past performance does not guarantee future results. It is essential to conduct thorough research, assess your risk tolerance, and consider consulting with a financial advisor before making any investment decisions.
If you are interested in exploring a long position on Ethereum, I encourage you to carefully analyze the market, monitor the latest news and developments, and consider setting stop-loss orders to mitigate potential risks. Additionally, staying updated with market trends and being prepared to adapt your strategy accordingly will be key to maximizing your chances of success.
As always, please remember that this idea is not financial advice, and you should conduct your own due diligence before making any investment decisions.
ETHLeading cryptocurrencies Bitcoin (BTC), Ethereum (ETH) and XRP are showing significant gains, according to data from CoinStats. Today, BTC was up 0.91%, trading at $35,171, with expectations of breaking the $35,612 resistance. If this level is surpassed, BTC is likely to reach $36,000 by the end of this week.
On the other hand, ETH outperformed other cryptocurrencies with a gain of 1.73% and is currently trading at $1,909. If ETH surpasses yesterday's peak, it is predicted to hit the critical $2,000 zone by mid-November.
ETHUSD 4H : Support further rise ETHUSD
New forecast
The price of Ethereum is fluctuating within the sideways path shown in the image, waiting for positive momentum that will contribute to pushing the price to resume the expected upward trend to stabilized above 1844 level , by breaching that level our targets will be activate ,and our next main target is at 1885 and extend to 1943.
Therefore the upward trend will be remain valid and effective and Moving average 50 continues to support the suggested bullish wave, which will remain in place unless the 1735 level is broken and holds below it.
The expect range trading for today will be between resistance line 1761 and support line 1844 until stabilized .
support line : 1761 , 1735 ,
resistance line : 1844 , 1885
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH/USD update from Crypto Sanders.
Chart Analysis:- Ethereum (ETH) dropped 2.8% to 1,785 during the past 24 hours, with 13.19 billion worth of ether changing hands over 24 hours. The RSI of 61.4 implies that ethereum has room to rise before overbought conditions materialize.
Meanwhile, the Stochastic level of 79.9 indicates the crypto asset is approaching overbought territory on the daily chart. The CCI reading of 51.4 reflects ether trading in the middle of its band. The 10-day SMA at 1,800 is close resistance, while the 50-day and 100-day SMAs at 1,656 and 1,693 denote some leftover bullish momentum.
Ethereum has witnessed a significant uptick in exchange inflows, reaching a five-month high with a surge of nearly 130,000 ether deposited into exchanges. Over the past fortnight, it has risen more than 10% and over the past month, over 8%. Ether recorded 13.19 billion in 24-hour trade volume on Friday.
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$REN near to Breakout Trading a descending broadening wedge pattern involves a systematic approach to identify potential entry and exit points. Here's a step-by-step guide on how to trade a descending broadening wedge:
**1. Identify the Descending Broadening Wedge:**
- First, you need to recognize the pattern on a price chart. Look for two converging trendlines with the upper trendline sloping down more gradually than the lower trendline. This pattern typically forms during a downtrend.
**2. Confirm the Pattern:**
- Confirm the descending broadening wedge by ensuring that the price touches both the upper and lower trendlines at least twice.
**3. Entry Point:**
- Trading the descending broadening wedge involves waiting for a breakout. You can choose to enter a trade when the price breaks above the upper trendline (bullish breakout) or below the lower trendline (bearish breakout).
- It's essential to wait for confirmation through a strong candle close outside the trendlines and, preferably, with increased trading volume.
**4. Set Stop-Loss and Take-Profit Levels:**
- Implement risk management by setting stop-loss and take-profit levels. A common approach is to place your stop-loss just below the lower trendline (for a bullish trade) or above the upper trendline (for a bearish trade).
- Take-profit levels can be determined by measuring the widest part of the wedge and projecting it in the direction of the breakout. This gives you a target price.
**5. Risk-Reward Ratio:**
- Ensure that your potential reward (profit) justifies the risk (loss) you're taking. A common rule of thumb is to aim for a risk-reward ratio of at least 1:2, meaning your potential profit should be at least twice the size of your potential loss.
**6. Monitor the Trade:**
- Once you enter the trade, monitor it closely. Pay attention to how the price behaves around your stop-loss and take-profit levels.
- Consider moving your stop-loss to break-even or trailing it as the price moves in your favor to protect your gains.
**7. Trade Management:**
- If the trade goes against you and the price reverses inside the wedge, consider exiting the trade to limit losses.
- If the price breaks out in your favor, let the trade run until it reaches your predetermined take-profit level or until you see signs of a trend reversal.
**8. Trade Psychology:**
- Stick to your trading plan and avoid emotional decisions. Market conditions can change rapidly, so it's essential to have a clear plan and discipline.
**9. Confirm the Trend Reversal:**
- Keep an eye on other technical and fundamental indicators to confirm the potential trend reversal suggested by the descending broadening wedge. Additional confirmation can improve the reliability of your trade.
Remember that trading involves risk, and not all pattern breakouts result in profitable trades. It's crucial to practice risk management and only trade patterns like the descending broadening wedge when you have a clear plan and confidence in your analysis. Additionally, consider using other technical and fundamental analysis tools in conjunction with pattern recognition to make informed trading decisions.
$iris started.. Breakout gonna huge NSE:IRIS Performing Falling wedge in 1D Keep eye on Breakout
Falling Wedge
The falling wedge can either be a reversal or continuation signal.
As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next.
As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. Unlike the rising wedge, the falling wedge is a bullish chart pattern.
In this example, the falling wedge serves as a reversal signal. After a downtrend, the price made lower highs and lower lows.
Notice how the falling trend line connecting the highs is steeper than the trend line connecting the lows.
If we placed an entry order above that falling trend line connecting the pair’s highs, we would’ve been able to jump in on the strong uptrend and caught some pips!
A good upside target would be the height of the wedge formation.
[LONG] TokenFi's "Token" Cryptocurrency Tokenizing assetsFrom the makers of "Floki" cryptocurrency comes Tokenfi. Tokenizing assets on the blockchain. Currently Floki has a 335 Million dollar market cap. All that money can easily be transferred to Tokenfi's Token and that is what is currently happening. They are using that money to pump Tokenfi.
TokenFi's Token cryptocurrency (TOKEN) is a native token for the TokenFi platform, a crypto and asset tokenization platform that aims to capitalize on the trillion-dollar tokenization industry. TokenFi was launched on October 31, 2023.
TokenFi allows users to launch any cryptocurrency without writing code. Users can then raise funds from the Floki community, connect with exchanges and market makers for liquidity, and float tokens tied to real-world assets that are not deemed securities.
TOKEN is used for a variety of purposes on the TokenFi platform, including:
Paying for fees associated with launching and managing tokens
Staking to earn rewards and participate in governance
Voting on proposals related to the TokenFi platform
Accessing exclusive features and benefits
TOKEN is a relatively new cryptocurrency, but it has already gained some traction in the market. It is currently trading on several major exchanges, including Uniswap and PancakeSwap.
Raised over $500,000 in its initial launch
Staked by users to earn rewards and participate in governance
Used to vote on proposals related to the TokenFi platform
Provided access to exclusive features and benefits for holders
TokenFi's Token cryptocurrency has had a successful launch and is well-positioned to grow in popularity as the tokenization industry continues to develop.
Ethereum breakoutETH 1week breakout confirmed This is a long-term look at ETH with the downward trendline cutting through the toppy noise Price has closed outside this trendline indicating further upside We expect some volatility around the 2k level resistance with basically blue sky to 3.5k from this washout
ETH/USDT UPDATE !!Hello friends, welcome to this ETH update from Crypto Sanders.
Chart Analysis:- ethereum’s (ETH) price is coasting along at 1,796 per unit. ETH has witnessed a 24-hour range of 1,786 to 1,827 per ether. Ethereum’s volume is higher than BTC’s today with 10.56 billion traded over the last 24 hours. In terms of market dominance, ETH’s market valuation amounts to 16.4% of the 1.3 trillion crypto economy.
Ethereum presents a more tempered growth story, with a 3.9% increase in price over the past month. The oscillators, with an RSI of 67 and Stochastic of 76, do not indicate an extreme market condition, suggesting a more stable and neutral environment compared to Bitcoin. The moving averages, with an EMA of 1,771 and an SMA of 1,792, provide additional support for a positive outlook, though the growth is not as pronounced as that of Bitcoin.
The steadier price movement of Ethereum, coupled with the less extreme oscillator values, positions ETH as a potentially less volatile option in the current market. However, traders should still exercise caution and consider a range of indicators and market conditions before making trading decisions. The positive trend indicated by the moving averages is a promising sign, but it is crucial to remain vigilant and stay updated with market developments.
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