Ethreum
ETHUSDT → bermuda trianglehello guys...
as you can see Ethereum breakout the descending channel as well, beside this in the upper time frame this coin shows us the bearish trend!
the ascending trendline and the next level of the channel have made a triangle that I show it as a blue triangle and I believe this coin wanna touch it!
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Middle-term trade for Ethereum ETH priceEntry $1831
Stop $1739 (-5%)
Take profit $2794 (+52%)
Potential profit/loss ratio = 10.5/1
So far, the ETHUSDT price is in consolidation in a strong liquidity zone. After the price fix is above $2020, growth may accelerate.
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ETH/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:-Ethereum (ETH) was also in the red during today’s session, as the price fell lower for a second consecutive day.
Following a high of 1,869.74 on Wednesday, ETH/USD slipped to a bottom of 1,845.49 earlier in the day.
Price slightly rebounded following the latest U.S. consumer price index, which marginally rose in July.
The recent volatility in ethereum comes as the RSI was unable to break out of a ceiling at the 51.00 mark.
Ethereum’s price strength is sitting at 49.12, with a price of 1,856.44.
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/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) rose marginally after the Paypal news, with the price moving away from a recent support point.
Following a low of 1,804.72 to start the week, ETH/USD jumped to an intraday high of 1,836.06 on Tuesday.
Despite the slight rise in price, ethereum continues to trade below a recent resistance level of 1,850.
A positive for bulls, however, comes as the 14-day relative strength index (RSI) broke out of its ceiling at the 43.00 mark.
Currently, the index is tracking at a reading of 43.88, with the next resistance zone near the 50.00 point.
In the event this target is reached, ETH will likely be back above 1,900.
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/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) was once again trading below a key support level during today’s session, as the price fell for a third straight day.
Following a high of 1,856.41 on Thursday, ETH/USD slipped to a bottom at the 1,828.88 mark earlier in the day.
The decline saw ethereum drop below a support point at $1,850, with sellers once again attempting to take the price under $1,800.
the RSI has also dipped, and fallen below a floor at the 45.00 level for the first time in over a month.
Currently, the index is at a reading of 42.16, with overall sentiment mostly bearish.
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 - thoughts out loud №5Good evening from Ukraine!
Dear colleagues, I am glad to welcome you!
The current development of the situation indicates that in the absence of positive dynamics of movement from the current price, it may lead to a decrease in the price of the instrument (supply test).
However, it is worth considering that professional operators who create the market have their own plans that differ from the way the masses see the situation.
It will be great to take part in a rapid "unexpected" upward momentum in order not to let extra passengers into the market)
Thank you all for your attention, I wish you success .
Sometimes you win /sometimes you learn.
- thoughts out loud
- thoughts out loud
- thoughts out loud
P.S.
...Think positive)
ETH is Bullish. Where will the price go? ShowedDivergence on the RSI indicator. The histogram changed its cycle to bullish, we left the oversold zone, and the volume indicator shows the pressure of buyers.
There is a possibility of a squeeze with the update of the loy and the same rapid upward price movement.
Not financial advice.
ETHEREUM more correction expected for the price ❌🧨Hello 🐋
the price has started the new trend to the downside before any other huge pump and this trend should be completed ❌🧨
if
the price doesn't break the resistance zone to the upside and just complete the retest, we will see more correction ❌🧨
if
breakout of the lower support zone be completed, we can see more correction to the downside ❌🧨
brief amount of green candlesticks to the upside before any other movement is logical 📖💡
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Ethereum -> Now Breaking The $2000 LevelHello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Ethereum 💪
If we are looking at the macro view on the monthly timeframe you can see that Ethereum perfectly retested the 0.768 fibonacci level in confluence with the previous cycle high so there is a chance that from here we will start the next crypto bullrun.
Looking at the weekly timeframe you can see that Ethrereum is slowly channeling higher and in confluence with the bullish moving averages I simply do expect more bullish pressure.
Exactly 3 days ago Ethereum perfectly broke daily resistance towards the upside which is now of course turned support so with the current retest of the $1940 level we could see another rejection higher.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
#ETH - thoughts out loud №3Good evening from Ukraine!
Dear colleagues, I am glad to welcome you!
I expect the price to rise to 2000, and then we'll see.
Thank you all for your attention, I wish you success.
Sometimes you win/sometimes you learn.
- thoughts out loud
- thoughts out loud
- thoughts out loud
Ethereum: Daily AnalysisAt Time Daily Ethereum we are seeing a nice head and shoulders pattern forming. According to what we see now, we expect the price to move up to the resistance of 1923 and after hitting this level, it will return to the neck line (1825 support).
Resistances: 1923-2000
Support: 1790-1825
ETHUSD about to breakoutETHUSD looks pretty strong. However it's inside the formation.
If we get the breakout , we may see much higher prices soon
RSI shows that the trend is strong and it's far away of being overbought.
Enter the long position once the breakout occurs.
Moreover, to avoid trading the fakeout, look for the volume increase.
3 targets for longs are shown on the chart
Good luck
ETH Correction Phase after Bear Rally: Is it Sustainable? I want to discuss Ethereum (ETH) and the possibility of a correction phase following its recent bear rally, with a new target of $2000. However, it is crucial to approach this potential development cautiously and consider the sustainability of any price changes.
As many of you know, ETH has experienced a remarkable surge in value over the past few months, reaching unprecedented heights. This impressive rally has undoubtedly captured traders' attention seeking lucrative opportunities within the cryptocurrency space. However, it is essential to remember that markets are inherently volatile, and what goes up must eventually come down.
While a correction phase may be imminent for ETH, assessing the sustainability of any potential price changes is essential. Market dynamics, investor sentiment, and external factors can all influence the direction of cryptocurrencies, making it difficult to predict their long-term behavior accurately. Therefore, it is crucial to exercise caution and approach the situation with a measured perspective.
Considering the potential for a correction phase, evaluating your current positions in ETH may be prudent. Diversification is vital in any investment strategy, and adding a few positions in ETH could be careful. However, it is equally important to carefully manage risk and only allocate what you are comfortable with, as the market's unpredictability remains a significant factor.
As always, I encourage you to conduct thorough research, stay updated with market news, and consult with trusted advisors before making any investment decisions. The cryptocurrency market is known for its volatility, and it is essential to remain vigilant and informed.
In summary, while the possibility of a correction phase looms over ETH after its recent bear rally, it is crucial to approach the situation with caution. The sustainability of any price changes is uncertain, and it is essential to evaluate your current positions and consider diversification. Remember to manage risk prudently and make informed decisions based on reliable information.
ETHEREUM more correction expected for the price ❌🧨Hello 🐋
the price has started the new trend to the downside before any other huge pump and this trend should be completed ❌🧨
if
the price doesn't break the resistance zone to the upside and just complete the retest, we will see more correction ❌🧨
if
breakout of the lower support zone be completed, we can see more correction to the downside ❌🧨
brief amount of green candlesticks to the upside before any other movement is logical 📖💡
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋