Good Opportunity:ETH price hits a new high during the yearEthereum, from a technical point of view, the ETH short-term 4-hour market is under pressure below 1850. The market is currently falling below the MA20 moving average to stop the decline, and the low point of the decline is slowly rising. In the short-term, the market has not fallen below the 1740 first-line support. There are signs of successful top-bottom conversion. The daily market closed on March 18th with a long shadow line of negative K, the market is rising again today, currently showing a barefoot positive K, the current daily market has a slight adjustment signal, the daily line pays attention to the support of the 1740 range below, and the market If the entity falls below the high probability, it will drop down to the 1680 line. Overall, the current short-term market is supported by the strong pressure level of the 1740 line before stepping back, the market has formed a top-to-bottom conversion, and the daily line has a slight downward signal. At the same time, the market has already touched the 1800-1900 range. Strong selling pressure level, so the current operating idea is to wait for the market to adjust, mainly to go long at low levels.
In addition, if buyers can keep interest rates above US 1700, Ethereum (ETH) may continue to grow in the medium term.In this regard, the rise may continue to the key area of about US 2000.
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Ethreum
ETH SECURITY ISSUE ETH IN DANGER;!Eth is considered to be a strong project after Bitcoin recently Eth has been upgraded it was previously on Proof of Work now it has been upgraded to Proof of Stake. New York Attorney General Letitia accused Eth of having security issues, so the case will continue for now. The Shanghai update is going to happen in the month of March and people will have ETH stacks that have been stacked for years and there will be a selling pressure due to which Eth is expected to crash by 10-15%.
Im going for a short position hereThe price is currently at $1606 and if the price moves from this point towards the DOWNSIDE then there will be more LONG positions compared to SHORTS that are at the risk of getting liquidated. The current value of Cumulative Delta is above +5B. This also represents the social sentiment that more BUY orders are placed currently.
Read this chart carefully as these are one of the most important levels for any price movement.
ETH: Waiting for a rebound opportunity to go shortETH: Judging from the 4-hour chart, the market has shown a three-wave downward structure, of which the third wave has been extended, and the continuous strength of the bears is still continuing. In terms of operating ideas, the market continues to rebound and short.
ETH: 1480-1500 empty, near the target 1370
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approximately $700 to $1100
BINANCE:ETHUSDT
The chart in the cryptocurrency market is like a dance, with four moves that cover the FVG and Orderblock that were previously uncovered. Following these four moves, the market is predicted to experience a downturn, with prices ranging from approximately $700 to $1100.
The market is like a performer, moving to its own beat, and as traders, it's our job to understand and interpret its movements. By analyzing key indicators and past behavior, we can anticipate the market's next move.
In this case, the four moves in the chart reveal a clear pattern, one that points towards an upcoming dip in prices. By understanding the significance of FVG and Orderblock, we can confidently predict that the market will continue to move downwards, at least for the foreseeable future.
It's important to note that these predictions are not set in stone and that the market is always subject to change. However, by paying close attention to the chart and analyzing key indicators, we can stay one step ahead of the game and make informed investment decisions.
So let's sit back, relax, and watch the chart dance its way towards its next move. With our insights and analysis, we can make the most of every step and come out on top in this ever-changing market.
In the process of market prediction, accurate analysis is of utmost importance.
We aim to conduct an analysis based on several key indicators, including FVG, Orderblock, ICT, naked ob, and covered ob.
Recently, we have performed an in-depth analysis on Ethereum, utilizing our expertise and knowledge of the market to identify potential trends and opportunities for profit.
Through the use of these indicators, we were able to gain valuable insights into the behavior of the market, enabling us to make informed predictions and decisions.
Our analysis not only provides valuable information for traders and investors, but it also showcases the importance of utilizing accurate analysis techniques when making investment decisions.
By staying up-to-date with the latest market trends and utilizing key indicators, investors can make informed decisions that lead to long-term success and profitability.
Overall, our analysis on Ethereum serves as a testament to the importance of accurate market analysis and the potential benefits it can provide for traders and investors alike.
Work from anywhere Done from my phone but following my last idea.... I imagine we will see a small retrace up to test of the 2017 high before further downside.
This is a nice scalp move as I keep repeating a healthy market is key for take off...
Keep and eye out for the retrace to $1475-$1550
Pull out in profit and watch the bear massacre occur.
Good luck and have fun with it
Long (scalp)==> around $1525
Short (swing trade)==> (low low low)
ETH MXN still in it's lowestWe are expecting an almost -10% drop with a little adjustment in for some 2-4 days in a 4h chart.
It's maximum drop will get eth to -20% in case it breaks all technical indicator's rules.
Recommendations: Since we are not even in half of the month (March) I suggest not
entering even in Spot, let's wait for Marubozu candlestick patters to check its volume with MCVR.
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Ethereum (ETH) also remained in the red in today’s session, registering a third consecutive drop in price.
ETH/USD moved to a low of $1,530.43 earlier in the day, which comes less than 24 hours after hitting a high of $1,563.41.
Similar to bitcoin, this drop resulted in the world’s second-largest cryptocurrency slipping to its weakest level since mid-February.
Overall, ethereum is down nearly 7% in the past seven days, and this comes as the 10-day (red) moving average extended a crossover of its 25-day (blue) counterpart.
the RSI is also tracking at a multi-month low at 40.57, which was last hit on December 19.
Should this trend continue, there is a strong possibility that ETH could fall to a floor of $1,500.
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
Riding the Bullish Wave: Ethereumhello guys...
For my financial analysis, I have chosen to focus on Ethereum. In my opinion, the main trend for this cryptocurrency is bullish. I have noticed that Ethereum has had a few significant price fluctuations in the past, and it has fallen below a certain range three times before rising again to new heights. I have also observed that it confirmed a "QM pattern" which indicates a continuation of the pattern.
Based on my analysis, I see two potential scenarios for taking a long position in Ethereum. The first scenario is to enter the market at the current market price, while the second is to wait for the second level touch.
Overall, I believe that Ethereum may be a good investment opportunity for those looking to invest in cryptocurrency. However, I would advise conducting thorough research and analysis before making any investment decisions.
Ethereum -> The Support Will HoldHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe Ethereum retested once again a very strong previous weekly resistance area and is currently again rejecting this zone towards the downside.
However also just recently we had a bullish ema crossover and are now starting to create weekly bullish market structure, so I am now just waiting for a retest of the previous weekly support zone and then the next impulse towards the upside.
On the daily timeframe market structure is currently bearish, so everything is pointing towards another retest of the $1500 area from which I then also do expect the next daily rally towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset: