Will ETHUSD continue to drive up after RSI moves upGreetings fellow Ether traders! I have some exciting news to share with you all today! The ETHUSD RSI is currently at 53 and on Friday, we saw a low of $1,650. But, hold on to your hats, because earlier today, ETH/USD soared to an intraday peak of $1,752! This is fantastic news for all of us who have invested in Ether and I can't wait to share more details with you all. So, let's dive in and explore the latest developments in the world of Ether trading!
Ethlong
Ethereum -> Weekly Timeframe Is ClearHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Ethereum is currently retesting and starting to reject a major previous weekly resistance area which is now turned support at the $1700 level.
You can also see that Ethereum is overall still creating bullish market structure and about to close with a strong weekly rejection wick so considering the overall bullish crypto trend, I do expect Ethereum to reject this support zone towards the upside.
On the daily timeframe Ethereum is currently creating obvious bearish market structure with resistance at the $1770 level so I am now just waiting for Ethereum to break back above the resistance and then I do expect the next major rally to start from there.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Sunny Skies for Crypto Market ☀️ Bitcoin and Ether Set to Rise? Sunny conditions are ahead for the global crypto market ☀️, including Bitcoin and Ethereum, in the next 24 hours.
This likely means a slightly bullish market with upside potential as investors reenter the market following the US regulator's enforcement actions against major US crypto players earlier this month. 📈🌤️
The trend remains identical for the crypto universe over a one-week horizon. 🚀
Follow us for more insights!
BTC, BNB: 🐻 ADA: ☀️ ETH: 🌧️🌧️? The global crypto market faces cloudy conditions over the coming 24 hours, signaling a slightly bearish market with downside risk for Binance Coin and Bitcoin after the Fed hinted at further rate hikes and the ongoing lawsuits from the US regulator weigh on the crypto universe. Trading signals for Ether indicate rain ☔️, meaning that a market rebound is likely over the one-day horizon.
Over a one-week horizon, sunnier conditions ☀️ lie ahead for Bitcoin, Binance, and Cardano where a slightly bullish market with upside potential is seen. Ether and XRP face less favorable weather, with clouds ☁️ and rain ☔️ ahead, signaling a slightly bearish market with downside risk.
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ETH to break back to the upside?Ethereum - 24h expiry - We look to Buy a break of 1665 (stop at 1625)
We are trading at oversold extremes.
With signals for sentiment at oversold extremes, the dip could not be extended.
A higher correction is expected.
The bias is to break to the upside.
Bullish divergence is expected to support prices.
Our profit targets will be 1765 and 1785
Resistance: 1653 / 1720 / 1750
Support: 1624 / 1600 / 1580
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
ETH on MA200 daily . MA can support ETHETH is on the MA of 200 in the daily time, according to the strength of the trend and confirmation, we can enter into a short trade, otherwise, the return to the top of the support range, according to the previous analysis, the price has the ability to reach 2400
Ethereum to break back to the upside?Ethereum - 24h expiry - We look to Buy a break of 1777 (stop at 1737)
Trading within a Corrective Channel Formation.
A break of the recent high at 1775 should result in a further move higher.
Posted a Double Bottom formation.
Bullish divergence is expected to support prices.
Daily signals are mildly bullish.
Our profit targets will be 1877 and 1896
Resistance: 1750 / 1775 / 1800
Support: 1730 / 1720 / 1700
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Ether RSI shows short term pop up I wanted to update you on the recent price movements of ETH/USD. Yesterday, the cryptocurrency reached a high of $1,761.96, but today it slipped to an intraday low of $1,727.75. Currently, it moved below a floor at $1,730.
However, bulls have stabilized this support zone, with the RSI finding its floor at 38.00. Currently, the price strength is at 38.81, which is within the oversold region. This could potentially be a positive sign for those looking to buy low.
Please let me know if you have any further questions in the comments.
ETH/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- ethereum (ETH) moved marginally higher, however, it continued to trade below 1,800.
ETH/USD jumped to a high of 1,757.89 earlier in today’s session, which comes a day after the price was at a bottom of 1,723.09.
The latest surge came as bulls took charge at a floor of 1,730, with the RSI bouncing from a floor of its own at 38.00.
price strength is tracking at 39.33, with the next visible point of resistance being 43.00.
Should the index move beyond the aforementioned ceiling, there is a strong possibility that ETH will climb to 1,800.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Will ETH push to $1800 with the current level of RSI?I wanted to share some Ethereum (ETH) trading updates with you. While ETH moved slightly higher, it is still trading below $1,800. In today's session, the price of ETH/USD reached a high of $1,757.89, an improvement from yesterday's low of $1,723.09. The recent surge in price was due to bullish activity at a floor of $1,730, with the RSI bouncing from a floor of its own at 38.00.
Per the daily chart, the current price strength is tracking at 39.33, with the next visible point of resistance being 43.00. If the index moves beyond this ceiling, there is a strong possibility that ETH will climb to $1,800.
I hope this information is helpful to you. If you have any questions or concerns, please do not hesitate to comment in this idea.
Ethereum to see limited losses?Ethereum - 24h expiry - We look to Buy at 1722 (stop at 1672)
We are trading at oversold extremes.
Support is located at 1720 and should stem dips to this area.
Bullish divergence is expected to support prices.
Expect trading to remain mixed and volatile.
The move lower is mixed and volatile, common in corrective sequences.
Our profit targets will be 1842 and 1862
Resistance: 1755 / 1775 / 1800
Support: 1730 / 1715 / 1700
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
ETH life time buy setup Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Ethereum -> Hunting The BuyersHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that at the moment, Ethereum is retesting a quite strong previous resistance area which is now turned support at the psychological $1700 level.
You can also see that overall market structure and moving averages are still bullish, furthermore there is also a support trendline coming in at the current $1700 level which is acting as even more support, so from a weekly perspective I simply do expect more continuation towards the upside from here.
On the daily timeframe however you can see that with today's candle, Ethereum is breaking the previous support at the $1800 area towards the downside, hunting all the stops which were below this key area, so I am now just waiting for a break back above the support and then I do expect a daily rally from there.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- ethereum (ETH), which dropped below the 1,800 level to start the weekend.
After climbing to a peak of 1,861.14 on Friday, ETH/USD slipped to a bottom of 1,721 earlier in today’s session.
The move saw ethereum plunge to its weakest point since late April, breaking out of a floor at 1,730.
As a result of this shift in market momentum, the RSI also tailed off, dropping to its lowest level since March.
The index is currently at a reading below 40.00, close to oversold territory, and could act as a slight positive for bulls.
If the price becomes more oversold, there is a good chance that longer-term bulls could move to buy the dip.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
ETH BUY IDEAOkay fam so we have DEFINITLEY retested the 1800 zone. At this point barring any other Economic factors I would expect to see a nice bounce back up towards the 1800 zone initially. Im expecting another push down just to clean up any sell orders in the market after that we re going up. and if we can find support at 1800 we will be back in the 1800 to 1885 zone. Here is a mark up with an entry point and some key levels to Take Profit from. .
Selling Ethereum at current resistance.Ethereum - 24h expiry - We look to Sell at 1858 (stop at 1898)
We look to trade the current range.
Trading between support at 1830 and resistance at 1860.
Daily momentum has stalled and our bias is now neutral.
Previous support at 1860 now becomes resistance.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Our profit targets will be 1758 and 1738
Resistance: 1850 / 1860 / 1880
Support: 1830 / 1820 / 1800
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
BTC, ETH - Sunny Market with Upside Potential ☀️📈🌴 Tropical conditions 🌴 – some upside potential 📈 – prevails on the global crypto market in the coming hours, as investors consolidate their positions following the SEC’s targeted actions against the US crypto universe earlier this week.
Over a one-week horizon ⏳, the sunny conditions ☀️ remain, signaling a slightly bullish market with upside potential for both major cryptocurrencies – Bitcoin and Ethereum. 💎
Follow us and stay tuned for more crypto weather insights and reports! 🌩️⛅🌈