Get started

Ethreum

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
Long
by CryptoSanders9563
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
Long
by CryptoSanders9563
#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)
Long
by WVitalievich
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 🐋
Short
by MadWhale
4
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:
BITSTAMP:ETHUSDLong
by basictradingtv
29
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.
BITSTAMP:ETHUSD
by bryandowningqln
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 🐋
Short
by MadWhale
1
Negative Money Flow Index for ETH - Explore AlternativesI write to you with caution regarding Ethereum (ETH) and its current negative dropping Money Flow Index (MFI). As many of you know, the MFI is a popular technical indicator used to measure the strength and direction of money flowing in and out of an asset. It provides insights into market sentiment and can help identify potential buying or selling opportunities. Unfortunately, the recent MFI trend for ETH has raised concerns and warrants our attention. Over the past few weeks, ETH's MFI has shown a consistent negative drop, indicating a significant outflow of money from the asset. While market fluctuations are common in cryptocurrencies, it is crucial to acknowledge this downward trend and consider its implications for your investment strategy. Therefore, I urge you to step back and reevaluate your portfolio allocation, especially regarding ETH. While Ethereum has undoubtedly been a pioneer in the blockchain space and has witnessed remarkable growth, it is essential to remember that diversification is the key to long-term success in any investment venture. Given ETH's negative dropping of MFI, I strongly encourage you to explore alternative asset classes within the cryptocurrency market. By diversifying your holdings, you can mitigate risks associated with a single asset's performance and potentially capitalize on emerging opportunities elsewhere. Consider allocating a portion of your portfolio to other promising cryptocurrencies demonstrating positive signs and growth potential. Conduct thorough research and analysis, considering factors such as market demand, technological innovation, and the team behind each project. This approach will help you make informed decisions and reduce the impact of any adverse trends affecting a particular asset. Remember, the cryptocurrency market is highly dynamic and ever-evolving. As traders, we are responsible for adapting and staying ahead of the curve. By considering alternatives to ETH and diversifying your investments, you can better position yourself to navigate the market's ups and downs while potentially maximizing your returns.
BITSTAMP:ETHUSDShort
by bryandowningqln
important Trading Insight: Exercise Caution as Momentum FallsRecently, we have observed a notable trend in Ether's Relative Strength Index (RSI), which has consistently exceeded 60. This indicates an overbought condition, suggesting that the asset may be due for a correction or a period of consolidation. Coupled with this, the Moving Average Convergence Divergence (MACD) indicator has shown signs of profitability decline. Furthermore, it is crucial to pay attention to the presence of bullish wicks, which act as support and resistance levels on price charts. These wicks indicate potential reversals or temporary pauses in the prevailing trend. As traders, it is imperative to recognize and respect these levels when making trading decisions. Given these indicators, I encourage you to exercise caution and remain vigilant in your trading activities. It is crucial to reassess your risk management strategies and consider adjusting your positions accordingly. As momentum falls, it becomes increasingly important to focus on preserving capital and minimizing potential losses. While the cryptocurrency market can be highly dynamic and unpredictable, the risk of sudden price swings and market volatility increases during these moments of declining momentum. Therefore, I urge you to approach your trades cautiously and avoid making impulsive decisions based solely on short-term market movements. Remember, successful trading requires discipline, patience, and a well-thought-out strategy. Take the time to thoroughly analyze the market conditions, monitor key indicators, and consider the potential risks before executing any trades. In conclusion, as Ether's RSI surpasses 60, MACD profitability falls, and bullish wicks emerge on the charts, you must be cautious and exercise prudence in your trading decisions. By doing so, you can better protect your capital and navigate the market's uncertainties more effectively.
BITSTAMP:ETHUSD
by bryandowningqln
ETH - Confluence of Key Levels Before the Big LeapI believe that Ethereum is on the verge of a significant shift, as it has recently exhibited some encouraging trends. Before we embark on the voyage to over $2000, I anticipate ETH to retest a key area where several significant levels converge. OTE (Optimal Trade Entry): This is a vital area where we may observe intense purchasing pressure, a retest here would afford those who missed the initial move an excellent opportunity. FVG (Fair Value Gap): After a breakout, ETH tends to retest this region. A retest of the FVG would corroborate the breakout's strength and provide further confirmation for the impending move. SR (Support/Resistance): Finally, I anticipate a retest of the significant SR area, this is a common occurrence in the market and serves as the ultimate affirmation prior to a significant price movement. Interestingly, the OTE, FVG, and SR all converge in the same region, this convergence of important levels bolsters its significance and makes it a prime location for potential entry. In conclusion, despite the fact that I am bullish on ETH and see a potential move to $2000 or more, I believe a retest of this confluence area will provide excellent entry points and add further confirmation to the bullish outlook, always practice risk management and successful trading! Please note that this is not financial advice, prior to making any investment decisions, you should always conduct your own investigation.
Long
by sahbil