#ETH/USDT 1DAY UPDATE BY CRYPTO SANDERSWelcome to this ETH/USDT 1DAY chart update by CRYPTO SANDERS.
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CHART ANALYSIS:-Ethereum (ETH) was trading below $1,300 for a third straight day, following recent market uncertainty.
Despite starting the day, and week, trading at the bottom of $1,178.43, ETH/USD marginally rebounded, climbing above $1,200.
The world’s second-largest cryptocurrency surged to an intraday peak of $1,267.48, which is over 2% higher than earlier lows.
Looking at the chart, the surge in price has also led to the RSI climbing higher, with the index now hovering below a ceiling of 43.00
In order for ETH to extend today’s surge and move above $1,300, this point of resistance will likely need to be broken.
Overall, Ethereum is currently down by as much as 20% from the same time last week.
This is not a piece of financial advice.
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Ethshort
#ETH/USDT 12Hr UPDATE BY CRYPTO SANDERS !Hello, welcome to this ETH/USDT 12Hr chart update by CRYPTO SANDERS.
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CHART ANALYSIS:-Ethereum (ETH) rose by as much as 8% in today’s session, as the token briefly recaptured the $1,350 level.
Soon after the U.S. inflation report was released, ETH/USD rose to a peak of $1,351.79, moving away from earlier lows of $1077.24.
The token continues to trade above yesterday’s bottom, and as of writing is residing at the $1,272.95 mark.
Typically, such a move signals the beginning of a downward trend, which could mean that we have not yet reached a bottom.
Should this be the case, bears will likely be targeting a breakout below $1,000, after failing to move beyond this point earlier in the week.
This is not a piece of financial advice.
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#ETH/USDT 12Hr UPDATE BY CRYPTO SANDERS !Hello, welcome to this ETH/USDT 12Hr chart update by CRYPTO SANDERS.
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CHART ANALYSIS:-ETH/USDT has done a triangle pattern breakdown and looks like it is retesting A where the moment may come down which will be the next target for ETH from $550 to $650.
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ETH usdt THE HUGE SHORTBy now you now my track record so without explaining much, all i am going to say is that we might be buying ETH at 3 digits soo.
Setting SHORT 2 short orders.
S hort at 1580$ with 75% of position
Short at 1620$ with 25% of position
Leverage X3
Take profit prices
25% at 1446 $
25% at 1351 $
25% at 1255 $
25% at 1105 $
in case it doesn't go our way,i will update here.
FOLLOW FOR MORE AND CHECK BIO FOR URL
#ETH/USDT DAILY UPDATE !!Hello, welcome to this ETH/USDT 4Hr chart update by CRYPTO SANDERS.
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CHART ANALYSIS:-
The price just broke above the 50-day moving average resistance line after multiple rejections during the last couple of weeks. this is the first time it succeeds since September, and if the price holds another day above it – it will become the longest period since April.
In the event of a bullish daily close above said moving average, the breakout would then be considered valid. The next targets for ETH are the $1670 resistance level and the 200-day moving average located nearby.
From a traditional technical analysis perspective, a bullish breakout above the 200-day moving average would theoretically mark the beginning of the new bear market.
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#ETH/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this ETH/USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
Show some support, hit the like button, and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS:- Ethereum (ETH) was also in the green in today’s session, with prices moving closer to the $1,600 mark.
Following a low of $1,526.73 on Thursday, ETH/USD surged to an intraday high of $1,585.98 earlier in the day.
The move led to the token colliding with the key resistance point, however failing to fully break out of this barrier.
Since this earlier collision, ETH has somewhat slipped, and as of writing is currently trading at $1,577.26.
Like with bitcoin earlier, previous bulls have seemingly taken profits, just as the RSI neared a resistance point of its own.
The index is currently hovering around a ceiling of 63.00, which likely prompted traders to liquidate positions, in order to avoid market uncertainty.
This is not a piece of financial advice.
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ETH Fib Time/GP/Weekly SupplyETH is currently rejecting at the GP pulled from the August 14th high to our most recent low, which coincides with the weekly supply zone around 1680. At the same time we have a macro fib time pull, marking off Thursday October 27th as a significant date - typically the fib time pulls indicate either a top or a bottom and historically they have fallen on some other critical pivot points in the past. Considering the major resistance that we are currently facing, there is a good chance we will see a retracement from here. I am starting to notice similarities between our current price action and this fractal, which I scaled up to fit. It would also agree with the idea of a retracement from here.
I also have a second scenario in mind, but either way I believe ETH will end up in the macro GP from ATH / last weekly fair value gap up in the 2400-2500 area. I will post the second idea shortly.
#ETH/USDT 4HOUR UPDATE !!Hello, welcome to this ETH /USDT 4hr chart update by CRYPTOSANDERS.
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CHART ANALYSIS:-Ethereum (ETH) was also in the green in today’s session, with prices moving closer to the $1,600 mark.
Following a low of $1,526.73 on Thursday, ETH/USD surged to an intraday high of $1,585.98 earlier in the day.
The move led to the token colliding with the key resistance point, however failing to fully break out of this barrier.
Since this earlier collision, ETH has somewhat slipped, and as of writing is currently trading at $1,577.26.
Like with bitcoin earlier, previous bulls have seemingly taken profits, just as the RSI neared a resistance point of its own.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
thank you.
ETH SHORT Scalp London OpenDay's Bias: Neutral Bullish
Plot:
A Possible Counter Trend Setup to scalp internal liquidity. Price hits a -OB then occurs a short entry setup to seek lower prices and internal liquidity.
Price left the Asian Range as a continuation of previous day's price action.
Price leaves FVGs close to today's Asian Range High.
Target's can be the FVG or Asian Range High, may possibly reach for Asian Range 50%.
Price may continue to drop to lower prices already taking out HTF external liquidity, specially as we get close to the weekends.
Strategy: Asian Range Implementation + London Open Setup.
#ETH/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this ETH/USDT 1DAY chart update by CRYPTOSANDERS.
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CHART ANALYSIS: the price of ETH officially surpassed $1,500 towards the end of October. Since then, the cryptocurrency has slowed down after hitting the resistance zone of $1650-$1700 (in red).
With the test of this resistance and the approaching FOMC meeting, it appears that some traders have opted to close their long positions. As a result, the bullish momentum has weakened slightly.
If Ethereum can establish $1,500 as support and does not close below this crucial mark, it could retest $1,700, which overlaps the 200-day moving average.
Alternatively, if the Federal Reserve does not signify any willingness to slow rate hikes later in the year, selling pressure on high-risk assets is likely to increase. In this case, the return of the upward trend would be out of the question.
This is not a piece of financial advice.
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ETH Short as Possible HTF RetracementDaily Bias : Bearish
Plot :
Strong Bearish Candle with huge FVG breaking structure into the NY Close yesterday.
HTF Equal Lows and HTF Old Swing Low are difficult to ignore.
Additionally, Large FVG with Bullish OB in 1 HR TF below.
Price seem to be taking the time to setup its move leaving a small FVG above the Asian Range for a classic Short Setup into the London Open.
Targets can go directly towards the Bearish OB or FVG within the day or May find another consolidation below the HTF Equal Lows and HTF Old Swing Low Price Arrays of Value.
Next Fed Meeting will bring lower prices for EthereumIntra-day price movement (for each previous Fed Meeting) follows a pattern of green-red-red. Next in line is red.
Between-meetings price movement follows a green-red-green-red pattern. Next in line is red.
Also, where did everyone hear from that Fed is going to pivot and so on? Why wouldn't they stick to the plan? Some will be surprised when +75bps shows up tomorrow!
NFA.
ETH volume about to pick up?ETH log chart has a lot of bearish potential here, while crypto sentiment is turning very bullish. Bulls are looking for a B leg up here, but if that fails it could follow a very similar fractal, circled in white with yellow bar pattern.
There's a huge volume gap in the $800-$1k range so it should spend some time there, but that may not be the bottom. $300 is not out of the question, perhaps even as low as $100-150, bare bottom worst case scenario. Seems extreme, but harvesting the 5th leg is pretty standard. Volume has been suppressed through most of the selling so far, so there could be major capitulation by bag holders.
ETH :: 1380 +/- 20 Potential Re-test Target1380 (+/- 20) seems like a potential re-test target for ETH.
If the energy point with the pitchforks intersect is correct - that would put the re-test around Nov 4th.
RSI is indicating a pullback on the 4H; however, price can still go higher before a pullback happens.
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ETH SHORT Scalp Bearish BiasPrimary Day's Bias : Bearish
Plot :
Prepared for today's Bearish Bias.
All clear Price Arrays of Value are outlined.
Observe Asian Range and see how price will use it.
If price respects any Price Array of Value within 50% and lower without taking out the High of the range before the London Open, this will be a very strong downward move. Otherwise, a possible good Intraday Pullback overall move before creating a new consolidation.
$ETH Short Now to 1292 (Scalpish) *SMT* EDIT: SL ChangeSMT = See related idea about "Smart Money TA"
Price has broken buy side liquidity. Retail is expecting a breakout. And it's doing a good job of acting like it is going to continue upward Nope, It is now looking for an Imbalance. Below is a 4 HR Fair Value Gap. I'm being conservative and only reaching for the 62% retracement of the pullback. Additionally it would break the liquidity sitting at 1294.27. it could get deeper, it also may not.
I edited the SL Because Price could possibly reach up tot the 15 minute Bearish Order Blocks.
Entrance - now (1313.40)
S/L - 1329.61 (Edited)
TP - 1292.45
KUCOIN:ETHUSDT
COINBASE:ETHUSD
CME:ETH1!
CME:ETB1!
#ETH/USDT 2HOUR UPDATE !!Hello, welcome to this ETH/USDT 2hr chart update by CRYPTOSANDERS.
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CHART ANALYSIS :
ETH/USDT UPDATE:-Today I want to talk to you about the ETH/USDT chart.
The fake breakout happened, and agitation continues in flat.
I think there is a chance that the price will go up soon.
Then come out of the flat and break out the resistance level.
This is how I set two goals: $1310; $1340.
This is not a piece of financial advice.
Do hit the like button if you like it and share your charts in the comments section.
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Ethereum - No reason to change the stance Ethereum continues to trade within a range, not supporting bullish calls about the market bottom and primary trend reversal. Indeed, we believe this recent lack of appetite among investors to prop up the price higher highlights what we have been reiterating for a while now. Therefore, we have very little to update about our stance on this cryptocurrency (as much of what we said about Bitcoin over the past few days also applies to ETHUSD). We remain bearish and maintain our price targets of 1000 USD and 900 USD.
Illustration 1.01
The illustration above shows the daily chart of ETHUSD and simple support/resistance levels.
Technical analysis - daily time frame
RSI is neutral. Stochastic strives to reverse. MACD points to the upside but stays in the bearish area. DM+ and DM- are bearish. Overall, the daily time frame is bearish.
Technical analysis - weekly time frame
RSI is neutral. Stochastic is bearish. MACD flattens. DM+ and DM- are bearish. Overall, the weekly time frame is bearish.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.