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Ethereum Remains Higher Ahead of Fed Rate DecisionHello, welcome to this ETH /USDT 1DAY chart update by @CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Ethereum (ETH) was also trading near a multi-week high in today’s session, as traders geared up for the U.S. Federal Reserve policy meeting. Many expect the Fed to increase interest rates by 50 basis points, following the better-than-expected inflation report. ETH/USD hit a high of $1,341.44 on Wednesday, which comes less than 24 hours after trading at a bottom of $1,289.23. As can be seen from the chart, ethereum remains close to a five-week high, with prices in the green for a third consecutive session. Like with bitcoin earlier, the RSI is now hovering close to a key resistance level of 59.00, with a current reading of 58.06. Market pressure could intensify should bulls force a breakout of this hurdle, potentially leading ETH toward $1,400. 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
BITSTAMP:ETHUSD
by CryptoSanders9563
1
Unique Update Of EthereumHello, welcome to this ETH /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Ethereum(ETH) also trended downwards on Monday, with prices falling for a second consecutive session. Following a high of $1,281.78 on Sunday, ETH/USD moved to a bottom of $1,243.48 earlier in the day. The move saw ethereum fall to its lowest point since November 8, and it is now nearing a floor of $1,230. Looking at the chart, recent bearish sentiment in ETH returned once the RSI failed to break out of a ceiling of 52.00. As of writing, the index is tracking at 48.60 and now seems to be moving towards a floor of 45.30. Despite this downtrend, the 10-day (red) moving average still remains above its 25-day (blue) counterpart. 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
BITSTAMP:ETHUSD
by CryptoSanders9563
Unique Update Of EthereumHello, welcome to this ETH /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Ethereum (ETH) also edged lower in today’s session, with prices falling for a second straight day. Following a high of $1,252.30 on Wednesday, ETH/USD dived to a low of $1,224.45 earlier in the day. Today’s drop in price pushed ethereum below a recent support point at the $1,230 level, with prices hitting a nine-day low as a result. Looking at the chart, the 10-day (red) moving average remains high, which some see as a signal that a bullish reversal could still be on the cards. Despite this, momentum seems bearish, with the RSI tracking at 46.72, which is its lowest point since November 29. The index now appears to be heading towards a support point at the 45.00 level. 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
BITSTAMP:ETHUSD
by CryptoSanders9563
2
Unique Update Of EthereumHello, welcome to this ETH /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Ethereum (ETH) was also in the red during Tuesday’s session, as a result of a failed breakout to start the week. ETH/USD fell to a bottom of $1,252.47 earlier in the day, which comes as bulls were unable to sustain a surge above the $1,300 mark. As of writing, ETH is currently trading at $1,264.00, which is nearly 3% lower than Monday’s peak of $1,302.24. Like with bitcoin, today’s decline in ethereum comes as the RSI moved below its ceiling at the 52.00 level. Currently, the index is at a reading of 50.18, with the world’s second-largest cryptocurrency trading at $1,263.60. The 10-day (red) moving average continues to hover above its 25-day (blue) counterpart, which typically is a sign of pending bullish sentiment. CHART ANALYSIS:-Ethereum In addition to bitcoin , ethereum (ETH) was also in the green to start the week, as prices edged closer to $1,300. ETH/USD rose to a high of $1,302.24 earlier in today’s session, less than 24 hours after falling to a low of $1,253.16. As a result of this, the world’s second-largest cryptocurrency has now marginally broken out of a long-term resistance point of $1,300. Similar to the trend on bitcoin’s chart, Ethereum's moving average (MA) of 10 days (red) continues its upwards ascent versus the 25-day MA. The 14-day RSI has also climbed, with the index tracking at 52.87, which is above a ceiling of 52.00. Once bulls are finally able to break this current wall, the next target for traders will likely be the $1,350 point. CHART ANALYSIS:-Ethereum (ETH) was also in the red on Saturday, as the price of the world’s second-largest cryptocurrency fell below a key resistance point. Following a high of $1,299.84 on Friday, ETH/USD fell to a low of $1,275.09 earlier in today’s session. This drop sees ethereum move below its recent ceiling at the $1,285 level, despite a recent upwards crossover of the 10-day (red) and 25-day (blue) moving averages. Looking at the chart, today’s drop came as the RSI fell below its long-term support point at 51.70. It is now tracking at 51.42, as of writing. Traders still seem to be optimistic about a potential move above $1,300, however, the RSI will likely need to surge beyond the 52.00 mark. Should this happen, and the momentum of the moving average climb higher, then we could see ETH move towards a ceiling of $1,370. CHART ANALYSIS:- Ethereum (ETH) also moved higher on Tuesday, ahead of the U.S consumer confidence report. The Conference Board consumer confidence survey is expected to come in at a reading of 100, which is marginally below October’s reading of 102.5. ETH/USD was back above $1,200 on Tuesday, hitting a high of $1,216.52 earlier in today’s session. As can be seen from the chart, the move, which ended two straight days of losses, pushed ethereum to its highest point since Saturday. Overall, this move comes as the RSI raced above its point of resistance at 43.70, and it is currently tracking at 46.10 as of writing. A ceiling of $1,230 now awaits ethereum bulls, and should they overcome this hurdle, a move toward $1,300 will be on the cards. 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
BITSTAMP:ETHUSD
by CryptoSanders9563
4
Unique Update Of EthereumHello, welcome to this ETH /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Ethereum In addition to bitcoin, ethereum (ETH) was also in the green to start the week, as prices edged closer to $1,300. ETH/USD rose to a high of $1,302.24 earlier in today’s session, less than 24 hours after falling to a low of $1,253.16. As a result of this, the world’s second-largest cryptocurrency has now marginally broken out of a long-term resistance point of $1,300. Similar to the trend on bitcoin’s chart, Ethereum's moving average (MA) of 10 days (red) continues its upwards ascent versus the 25-day MA. The 14-day RSI has also climbed, with the index tracking at 52.87, which is above a ceiling of 52.00. Once bulls are finally able to break this current wall, the next target for traders will likely be the $1,350 point. 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
BITSTAMP:ETHUSD
by CryptoSanders9563
1
$ETH - Bearish to start the week - Bullish to end *SMT*EDIT: MY BNAD FOR NOT STRETCHING OUT THE CHART OF HEAD O0F TIME, i WAS LOOKING AT ANOTHER CHART WHILE TYPING THE IDEA..... It's not pretty but I hope you get the point. SMT= Smart Money Theory, Please See the related Tutorial regarding smart money principles. Tripple high, possibly breaks a little higher, make people think it a break out and then it slams on the breaks and heads back down towards the two large fair value gaps and a "Missed opportunity gaP" to possibly the bullish OB (Order Block) that will probably happen around Thursday or Friday (between 1145 and 1135. Before having the weekly profile complete its task of creating wicked on both sides and creating the high and the low at the beginning and ef the week. It still has broken structurer and with two fairt value gaps belowe this only seems the most logical Additionally we should ALWAYS Look at the commitment of traders indicator it is subject to provide such records for the CFTC. Here you can see a massive drop from longs to more net shjorts, which tells me a short is coming this way... or those p [eople that really study thjis and trade it a lot are not to bright Heres the daily with no indicators except where the imbakances are, which is about all you need to know about ETH right meow. chart ENTRSANCE - 1315-1318 SL - 1360 take Profit - 1217 TP2 1151 TP3 - 1130 I know I fluibbed bad on the last one but last week was news heavy and the fundamentals had a lot to do with it. This week, not so much, so the technical analysis should win this week. GL GT BodiesXWix - COINBASE:ETHUSD BITGET:ETHUSDT MEXC:ETHUSDT.P CME:ETH1!
COINBASE:ETHUSD
by BodiesXWix
Unique Update Of EthereumHello, welcome to this ETH /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Ethereum (ETH) was also in the red on Saturday, as the price of the world’s second-largest cryptocurrency fell below a key resistance point. Following a high of $1,299.84 on Friday, ETH/USD fell to a low of $1,275.09 earlier in today’s session. This drop sees ethereum move below its recent ceiling at the $1,285 level, despite a recent upwards crossover of the 10-day (red) and 25-day (blue) moving averages. Looking at the chart, today’s drop came as the RSI fell below its long-term support point at 51.70. It is now tracking at 51.42, as of writing. Traders still seem to be optimistic about a potential move above $1,300, however, the RSI will likely need to surge beyond the 52.00 mark. Should this happen, and the momentum of the moving average climb higher, then we could see ETH move towards a ceiling of $1,370. 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
BITSTAMP:ETHUSD
by CryptoSanders9563
1
ETH SHORT as Retracement MoveDay's Bias: Short Term Bearish Overall Bias: Bullish until target price $1350+ Plot: Strong Impulse move after mitigating GAPS left from a previous HTF bullish run. Price creates HTF Equal lows instead of taking out an HTF Swing Low prior to this bullish impulse wave, which instructs a bearish continuation on Higher TF. Price has not left the Asian Range today, but shows has taken out the Asian High. Expecting price to create a SHORT Setup above asian range midpoint before dropping to about $1230 or lower as a retracement for an upward continuation. Trade shall be closed by end of NY Session.
COINBASE:ETHUSDShort
by bl4ckoffee
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. CHART ANALYSIS:- Ethereum (ETH) also moved lower to start the week, with prices once again moving under $1,200. Following a high of $1,218.51 on Sunday, the world’s second-largest cryptocurrency dropped to a low of $1,162.19 earlier today. The decline pushed ETH/USD below a key support point of $1,180 and came as the RSI failed to break out of a long-term resistance level. As can be seen from the chart, price strength was unable to fully move beyond a ceiling of 43.00, and is currently tracking at 40.62. In addition to this, the 10-day (red) moving average has shifted direction, with momentum once again downward facing. Overall, a target of $1,070 appeared to be a likely destination for bears, should momentum continue to decline. 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
BITSTAMP:ETHUSD
by CryptoSanders9563
3
$ETH - Could Long, but not yet - Below 1194 *SMT**SMT = Smart Money Theory. See Related Idea for Tuorial/Explaination on Smart Money Keeping to the principles of SMT, There are two Redeliver-Rebalances below current market price. A redliver Rebalance is like a fair value gap except where the Wicks don't touch, a presiding wick outreaches a proceeding candle. These act as imbalances i which price seeks. We should see the price possibly move up to the bearish order bock . Why? to suck in all the buyers. Then Smart Money Takes the chart against the buyers (CHARTED HERE: After bouncing off the bearish order block it should seek that imblanace where the Redeliver-rebalances are. It should fill the small 15 min one or just run right through it, to the second one which is near 1194. The 11 94 i also near the Smart Money Buy Zone or discount of the current "wave" (Last low before breaking and closing above the preceding high); At that point Smart Money will then buy ETH at a discount rate and should take the price higher. How much higher? I don't know because I'll need to see the price action on the way down... it could go even lower. So for the safety of my account, I'm playing it safe and only going to where I the it will travel the last furthest. It could drop and fill the R-R and hit the Bullish Order Block at 1192.68 before we see a hard bounce up again. I have it going to that low until there until the "Crypto week/day" ends. After that it's a waiting game to see where it goes, but I still have it ultimately going as low as 860. The current -1 standard deviation of the current high/Low is actually around 804 where there's more confluence for price to reach, but playing it safe I'm thinking 860, that 804 mark where the Weekly fair value gap is below the sell side Liquidity All we can do now is wait Happy Trading and good luck Again, this information comes from my observational training and mentoring under ICT. COINBASE:ETHUSD CME:ETH1! BYBIT:ETHUSDT.P CRYPTOCAP:ETH.D
COINBASE:ETHUSDShort
by BodiesXWix
6
Called the ETH Short! What's the Next Target?Using our latest indicator "Wave Fusion" combined with support/resistance lines enabled us to call the ETH short and catch the recent drop! On the ETH 1hr chart, you can see I've drawn various support/resistance levels combined with my Wave Fusion indicator below. In the past, this indicator has show to be very accurate with calls (rocket symbol the long from 1172 to 1229) and the red shaded area called the short (from 1229 to the current level of 1167). By combining the resistance level of 1229 and the short indication we received, we were able to accurately take a short position with our stop just above the recent high. Right now I'm looking at 1150 as being the next micro support (based off that level holding on the 23rd) and 1098 being the major support (as it's held multiple times in the past). I'll be looking for Wave Fusion to post a buy signal (green shaded area, green diamond, rocket, or moon) as ETH gets close to either support level. If we have that, we can be more confident in our trade until we reach that 1229 resistance. If you have any questions on the indicators mentioned here, or how to use support/resistance lines, please comment below, send me a DM, or check any of my links next to my profile picture. I also released a video on how to use the Wave Fusion indicator on my YT. Thanks for reading!
Short
by CryptoScripts
4