Ethshort
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- ethereum (ETH) also trended higher, racing back over the 1,800 level in today’s session.
ETH/USD hit a high of 1,834.27 earlier today, which comes less than 24 hours after falling to a bottom at 1,786.67.
This has resulted in the world’s second-largest cryptocurrency bouncing from a support point at the $1,790 mark
the RSI on ethereum has still yet to move which is at the 47.00 mark.
Price strength is currently at the 45.10 level, and should it cross the line of 47.00, more bulls will likely reenter the market.
I have tried to bring the best possible outcome to this chart.
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Ethereum to find sellers at previous resistance?Ethereum - 24h expiry - We look to Sell at 1876 (stop at 1926)
A sequence of daily lower lows and highs has been posted.
Previous resistance located at 1880.
The previous swing high is located at 1885.
1886 has been pivotal.
Preferred trade is to sell into rallies.
Our profit targets will be 1756 and 1736
Resistance: 1835 / 1860 / 1880
Support: 1800 / 1785 / 1755
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 - Bearish Signs, BNB Shines with Upside Potential ☀️Cloudy weather with some sun lies ahead for the global crypto market in the next 24 hours 🌥️, according to ATTMO, a weather-inspired crypto AI forecasting tool. The weather is tropical🌴– very bullish with some upside potential – for Binance Coin in the coming 24 hours.
Both Bitcoin and Ethereum face downside risks 📉 due to a slightly bearish market. Factors such as the possibility of US debt default and regulatory uncertainties in the US have dampened overall crypto sentiment.☔️
Over a one-week horizon, the forecasts remain unchanged for Bitcoin, while Ethereum has a slight upside potential.📈 Dogecoin faces stormy weather ahead, which signals a drawn-out bear market with an imminent market rebound possible.🚀
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ETHEREUM/USDT UPDATE !!Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) was broadly stable on Tuesday, despite a brief breakout below the 1,800 level.
ETH/USD touched a high of 1,845.70 at the start of the day, leading from a low of 1,797.84 to start the week.
The world's second-largest cryptocurrency has since declined, trading at 1,820.12.
It is close to the lowest price of 1,820, maintained since last Wednesday when the price was on its fifth day of a six-day decline.
Firming up in prices has also contributed to the current volatility. The index is hovering below the critical resistance level.
Should it move beyond a reading of 45.00, there are good chances that ETH bulls will make another run toward the 1,900 level.
I have tried to bring the best possible outcome to this chart.
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ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) also posted gains at the start of the week, as it surpassed the $1,800 mark in today's session.
ETH/USD reached a high of 1,834.94 on Monday, after falling down to 1,787.54 in less than 24 hours.
This is the second day that ETH has gained, and it comes after a recent eight-day losing streak.
This resulted in Ethereum falling to its weakest point since March, however, it now appears that momentum has now shifted.
Price strength has also increased on Ethereum, climbing above a key point of resistance at the 44.00 level.
The index is now tracking the 45.85 mark with the next range at the 50.00 level.
I have tried to bring the best possible outcome to this chart.
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OHHHH , AMAZING ETH IDEA !Notice how the lines I drew are key points of price breaking through the trend line
- Notice that the points I circled are the breakouts from the price line
- Pay attention to Elliottwave's wave counting principle, the principles say that wave 3 is the strongest wave and we are at the stage of wave 4 will retrace to 0.382 level and not yet breach wave 1, please pay attention often is to go back to the important fibo
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) was back above a key price level to start the weekend, as it once again rose above the 1,800 mark.
ETH/USD hit a peak of 1,816.06 in today’s session, less than 24 hours after declining to a low of 1,747.94.
Bulls have seemingly taken yesterday’s move to a multi-week low as an opportune moment to increase position sizes in ETH.
this was helped by the fact that RSI found a stable point of support, which in the case of ethereum was at the 41.00 zone.
From the floor, price strength is now taking close to a ceiling at 45.00, and should this be broken, ETH will possibly move back above a key point at 1,830
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ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- ethereum (ETH) was also in the red on Friday, as bears continued to control market sentiment.
ETH/USD slipped to a low at 1,742.40 on Thursday, following an earlier peak of 1,835.62 the day prior.
today’s drop in price saw the world’s second-largest cryptocurrency hit its lowest point since March.
A major catalyst to the move was also a breakout on the RSI, which fell out of a support point at the 44.00 zone.
Currently, the index is at a reading of 39.04, which is its weakest level since March 11, when ETH traded below 1,500.
Ultimately, this could be a long-term positive for bulls, who may move to buy the current dip in price.
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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.
Potential BAT 1D ETHUSDTLooking at the daily chart, we may have reached a Triple Top, with a BAT formation.
Potential Breakout zone, but considering the Network Upgrade, the economy slowing down and the sudden increase of the market, we could see a correction towards the MA50 zone.
Also, death cross on the Weekly Chart not to be taken lightly.
Ethereum to extend it's loses?Ethereum - 24h expiry - We look to Sell a break of 1783 (stop at 1833)
Short term bias has turned negative.
Posted a Double Bottom formation.
A break of yesterdays low would confirm bearish momentum.
Short term momentum is bearish.
Short term RSI is moving lower.
Our profit targets will be 1663 and 1643
Resistance: 1840 / 1860 / 1880
Support: 1815 / 1785 / 1750
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/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum also hovered near its own support point in today's session as the overall market sentiment remained uncertain.
ETH/USD hit a low of 1,835.70 on Wednesday, which comes a few days after the price traded above 2,000.
Ethereum is now in the red for the fifth day in a row and is down nearly 10% during that period.
This recent run has sent the 25-day (blue) moving average (MA) down, with the trend line rapidly approaching its 10-day (red) counterpart.
Although the longer-term momentum is slowing, the fact that the 10-day EMA is below the 25-day line means that an upside crossover could lead to a bullish run.
If this happens, there is a good chance that the Bulls will aim to recapture the 2,000 points.
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Ethereum - 6 Possible Scenarios 🧠What's up, traders! In today's market breakdown, we're mapping out our latest levels to watch for on the ETH 30m chart.
Let's dive right in...
Ticker: ETHUSDT
Date: 05/10/23
Timeframe: 30min
Supply: 1875-1890 (1st red zone), 1915-1935 (2nd red zone)
Demand: 1780-1820 (green zone)
Commentary:
Major crypto as of 4PM ET stands exactly where it was before CPI data. Crypto has mainly followed the futures (ES and NQ) with price action today - rejecting supply levels to test major demand and then rallying back to break supply levels.
If major crypto is to continue following the futures, we are to see continuation on this move up. With the major pullback that we have seen since last Friday, the risk to reward also favors bullish bias.
With that in mind, however, we need to be option to trade all sides and there are a few scenarios we could target from here:
✅ Bullish Scenario 1: you want to see price pull back into the demand zone ~1780-1820 and buyers to emerge again for an upside move, possibly into ~1875-1890 supply or higher. This is the safer upside play.
✅ Bullish Scenario 2: you want to see price break above ~1875-1890 supply zone, pull back to retest this zone and turn it into demand to catch a break and retest for a further upside move, potentially into supply at ~1915-1935.
✅ Bullish Scenario 3: you want to see price rally and break both supply levels, pull back to retest ~1915-1935 zone and turn it into demand to catch a break and retest for a further upside move potentially into last weekend's highs.
🟥 Bearish Scenario 1: you want to see price move up and approach supply again at ~28650-28890, sellers to regain control and possibly catch a retest of this supply zone into demand at ~27660-27960 again. This will be the safer downside play.
🟥 Bearish Scenario 2: you want to see price break demand here at ~27660-27960, retest and turn this demand into supply, and find weakness again for a move into ~26500-27000 demand.
🟥 Bearish Scenario 3: you want to see price break demand at ~26500-27000, retest and turn this zone into supply for a further downside move into ~25300.
That's all we got for you in this one.
So what do you think? Are you bullish or bearish?
Let us know in the comments below!
We'll see you in the next one.
-The AlgoBuddy Team
Look at these important levels for ETHA person asked me to give ETH a look, here are my thoughts:
The value lines are centers of contraction zones
There are quite a few imbalances that could be filled.
The zones I marked with circles are points of contraction in momentum, this is often followed by a big move up or down.
The recent contraction in momentum happened above a daily value line, which means a long would be taken, for now I wouldn't hop into an ETH trade, but I would wait for either retracement to one of the imbalances or the Bullish Order Block. Make sure to look at momentum at each of these levels, you can make an alert at each price point
**TPI FOR ETH**
The trend probability for eth is still quite neutral, but we have seen a couple of signals
ETH also seems to be flat on its performance, compared to BTC, so you wouldn't be taking on much more risk by swinging longs on ETH than on BTC:
Hope this helps a bit