50d 200d moving cross for ETH as new support level I wanted to share some exciting news: ETHER has just had a popular 50d 200d moving average cross, establishing a new support level. This is great news for us as traders, as it clearly indicates a bullish trend.
What's more, the RSI (Relative Strength Index) is currently at an optimal time for entry. This means that now is the perfect time to consider opening a position in ETHER.
I know some of you may be hesitant to jump in, but I encourage you to consider taking a position in ETHER. With the recent upward trend and establishing a new support level, there's never been a better time to invest.
So, what are you waiting for? Don't miss out on this opportunity to profit from the current market conditions. Take a look at ETHER and consider opening a position today.
Ethlongsetup
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!
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.
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.
Will you believe the upcoming short term strength of ETHGreetings fellow crypto traders! Are you ready for some good news? Well, hold on to your hats because we've got some exciting developments in the world of Ethereum's technical analysis outlook! After months of uncertainty, Ethereum's price is finally showing signs of a bullish trend. So, if you're looking to invest in a promising cryptocurrency, look no further than Ethereum.
Here's How ETH goes to $3K: Elliot WaveHi Traders, Investors and Speculators of Charts📈📉
Ethereum has recently started a new bullish cycle along with the rest of the markets, predominantly led by BTC as always.
When we take a look at ETH from an Elliot Wave Theory analysis, we see the start of a new 12345 Wave cycle. ETHUSDT is currently trading in Wave 2-3, generally know as the longest/biggest wave of all the waves during the upward price action phase.
There are a couple of theoretical points to consider when using the Elliot Wave theory and we take a deep dive into the theory and conclude the possible end point of Wave 2-3 at $3k.
From a Technical Indicator analysis, we see a BUY signal flash on the weekly timeframe with CryptoCheck START V3.5:
The weekly TF together with this indicator is usually a great way to confirm the bias f bullish price action.
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ETH Continues to Soar so It is Time to Trade Short Term!
I hope you have been enjoying the positive momentum ETH has been experiencing lately. It's been an exciting time for all of us, and I'm thrilled to see our favorite cryptocurrency continuing to soar!
As you all know, ETH has steadily risen, breaking new records and reaching new heights. It indicates that the market is bullish on ETH, and we expect to see more growth in the coming days.
So, what does this mean for us traders? First, it means that there's a fantastic opportunity to capitalize on the current trend and make some profits in the short term. The market is showing strong support for ETH, and this is the perfect time to enter a short-term trade.
I encourage you to take advantage of this opportunity and start trading ETH in the short term. With the positive momentum, we can expect to see some quick gains, and it's an excellent chance to maximize our returns.
Let's not miss out on this chance to make some profits and continue to ride the wave of success with ETH. So, prepare to trade and make the most of this bullish market.
Thank you for being a part of this community, and I wish you all happy trading!
My vision of the scenario on the $ETHArguments for this development of events:
1) A wedge was drawn in the ETH/BTC pair, which will most likely go up (it means that a final impulse is possible, it should be sold
2) Everything above $1,800+ was distributed to weak hands
3) As for this instrument, the mood in the crowd is mostly long (positive for the future fall)
4) Waiting for regulation of the crypto market (this will lead to the final wave of decline)
Why ETH offer double return over BTC in the last year? I hope you're doing great! I wanted to share some exciting news with you about the performance of Ethereum (ETH) over the last year.
As you may know, Bitcoin (BTC) has been the talk of the town for quite some time now. However, ETH has been silently outperforming BTC over the last year. ETH has grown over 5.7% in value in the previous 12 months, while BTC has last only 6.06%. That's right, and ETH has nearly doubled the growth of BTC!
This clearly indicates that ETH is becoming a more valuable and reliable investment option. And with the recent upgrades to the Ethereum network and the growing popularity of decentralized finance (DeFi), the future looks even brighter for ETH.
So, if you're looking to invest in a cryptocurrency with a higher potential for growth and stability, I highly recommend investing more in ETH over BTC. Don't miss out on this opportunity to join the ETH revolution!
Thank you for your time and consideration. Happy trading!
Can ETH skyrocket by breaching this level for an astounding 50% Guys, we're looking at a big move up ahead. Here's why it's likely to break this level:
>Notice the Green boxed candle. It often signals a change of character (here in the upward trend), suggesting this level will be surpassed soon.
>When a 10-day green candle closes above the level (R1), expect a 50% price increase. Set your stop loss at the light blue box.
>Even if the price temporarily drops, lower time frames confirm a potential move to the DARK blue level. Keep a tight stop loss (above the R1) and aim for a 31% decline.
Remember, your input is valuable in the comments. Let's discuss and share our thoughts.
Good luck!
ETHEREUM short 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 to find buyers at market levels?Ethereum - 24h expiry - We look to Buy at 1831 (stop at 1781)
Daily signals are mildly bullish.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
Buying was posted yesterday but levels close to bespoke resistance of 1880 have found sellers.
We look to buy dips.
Our profit targets will be 1951 and 1971
Resistance: 1860 / 1900 / 1935
Support: 1840 / 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.