Will ETHUSD continue to drive up after RSI moves upGreetings fellow Ether traders! I have some exciting news to share with you all today! The ETHUSD RSI is currently at 53 and on Friday, we saw a low of $1,650. But, hold on to your hats, because earlier today, ETH/USD soared to an intraday peak of $1,752! This is fantastic news for all of us who have invested in Ether and I can't wait to share more details with you all. So, let's dive in and explore the latest developments in the world of Ether trading!
Ethsignals
Ethereum -> Weekly Timeframe Is ClearHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Ethereum is currently retesting and starting to reject a major previous weekly resistance area which is now turned support at the $1700 level.
You can also see that Ethereum is overall still creating bullish market structure and about to close with a strong weekly rejection wick so considering the overall bullish crypto trend, I do expect Ethereum to reject this support zone towards the upside.
On the daily timeframe Ethereum is currently creating obvious bearish market structure with resistance at the $1770 level so I am now just waiting for Ethereum to break back above the resistance and then I do expect the next major rally to start from there.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Ether RSI shows short term pop up I wanted to update you on the recent price movements of ETH/USD. Yesterday, the cryptocurrency reached a high of $1,761.96, but today it slipped to an intraday low of $1,727.75. Currently, it moved below a floor at $1,730.
However, bulls have stabilized this support zone, with the RSI finding its floor at 38.00. Currently, the price strength is at 38.81, which is within the oversold region. This could potentially be a positive sign for those looking to buy low.
Please let me know if you have any further questions in the comments.
Will ETH push to $1800 with the current level of RSI?I wanted to share some Ethereum (ETH) trading updates with you. While ETH moved slightly higher, it is still trading below $1,800. In today's session, the price of ETH/USD reached a high of $1,757.89, an improvement from yesterday's low of $1,723.09. The recent surge in price was due to bullish activity at a floor of $1,730, with the RSI bouncing from a floor of its own at 38.00.
Per the daily chart, the current price strength is tracking at 39.33, with the next visible point of resistance being 43.00. If the index moves beyond this ceiling, there is a strong possibility that ETH will climb to $1,800.
I hope this information is helpful to you. If you have any questions or concerns, please do not hesitate to comment in this idea.
ETH volatility could start to spike but RSI is lowI am bringing to your attention the current state of Ethereum's price trend. As of now, Ethereum has been experiencing a notable downward trend in price when observed on a daily timeframe chart. It is currently trading at approximately $1,740, which reflects a decline of over 5%.
It’s becoming increasingly evident that Ethereum is experiencing a bearish trend in the market, as indicated by its RSI dropping below 40. To add fuel to the fire, the current volatility level of Ethereum is at a measly 0.01%. If you're a Bitcoin trader, it's time to pay attention and make informed decisions accordingly. Check out Furthermore for more insights.
Additionally, the Bollinger Band analysis indicates that ETH is currently experiencing a certain level of volatility. However, the band's elasticity suggests that the current volatility is relatively minimal.
I hope this information is helpful to you. Please let me know if you have any questions or concerns in the comments.
ETH life time buy 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.
Ethereum -> Hunting The BuyersHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that at the moment, Ethereum is retesting a quite strong previous resistance area which is now turned support at the psychological $1700 level.
You can also see that overall market structure and moving averages are still bullish, furthermore there is also a support trendline coming in at the current $1700 level which is acting as even more support, so from a weekly perspective I simply do expect more continuation towards the upside from here.
On the daily timeframe however you can see that with today's candle, Ethereum is breaking the previous support at the $1800 area towards the downside, hunting all the stops which were below this key area, so I am now just waiting for a break back above the support and then I do expect a daily rally from there.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
6.10 ETH Trading StrategiesETH) market interpretation and part of the contract trading strategy: the Ether Square aspect of the large cycle of the daily level yesterday reported a large medium negative K-line this daily alternating pattern of large negative and large positive, in fact, still belongs to the multi-vacancy game stage, and the daily line also continues to maintain a wide range of oscillation structure running, the current range locked 1770-1920, then the overall trend may be the probability will be adjusted first after the bullish situation. Short-term look at yesterday's high continuous pressure on the 1900 mark downward, the short term back to 1820 small rebound, if it is in accordance with the law of the week, today should be to go rebound to see the upper 1872-1900-1920 pressure, if the day even negative continued to fall, the bottom is expected to continue to step back on the 1800-1770 position. So today ETH short term contract trading strategy: rebound 1872 region empty, stop loss 1906 region, the target look at 1820-1800 region; intra-day support area below 1800 consider more single entry, stop loss 1770 position, the target 1850-1865
3.53% Short Opportunity on ETHUSDT: Act Now!Technical Analysis:
The one-hour timeframe has successfully surpassed a key level on ETHUSDT.
The confirmation of the direction of ETHUSDT in relation to the one-hour timeframe is supported by the Search Volume Profile (SVP).
The remaining details are self-explanatory!
I've been hearing that major cryptocurrencies are experiencing a bullish trend at the moment. If you share the same sentiment, let's engage in a discussion in the comments section.
Will you believe the upcoming short term strength of ETHGreetings fellow crypto traders! Are you ready for some good news? Well, hold on to your hats because we've got some exciting developments in the world of Ethereum's technical analysis outlook! After months of uncertainty, Ethereum's price is finally showing signs of a bullish trend. So, if you're looking to invest in a promising cryptocurrency, look no further than Ethereum.
ETH Continues to Soar so It is Time to Trade Short Term!
I hope you have been enjoying the positive momentum ETH has been experiencing lately. It's been an exciting time for all of us, and I'm thrilled to see our favorite cryptocurrency continuing to soar!
As you all know, ETH has steadily risen, breaking new records and reaching new heights. It indicates that the market is bullish on ETH, and we expect to see more growth in the coming days.
So, what does this mean for us traders? First, it means that there's a fantastic opportunity to capitalize on the current trend and make some profits in the short term. The market is showing strong support for ETH, and this is the perfect time to enter a short-term trade.
I encourage you to take advantage of this opportunity and start trading ETH in the short term. With the positive momentum, we can expect to see some quick gains, and it's an excellent chance to maximize our returns.
Let's not miss out on this chance to make some profits and continue to ride the wave of success with ETH. So, prepare to trade and make the most of this bullish market.
Thank you for being a part of this community, and I wish you all happy trading!
Ethereum- New test of 2100?Similar to Bitcoin, also in Eth case we have a double tap under 1800 and reversal but, unlike BtcUsd, here we have a break above the falling trend line that started back in the middle of April.
That being said, I'm bullish EthUsd and I expect gains in the future.
A drop and daily close under 1830 would negate this scenario.
Ethereum to extend its gains?Ethereum - 24h expiry - We look to Buy a break of 1926 (stop at 1876)
Short term momentum is bullish.
There is no clear indication that the upward move is coming to an end.
Short term indicators have turned positive.
We look for gains to be extended today.
A break of the recent high at 1925 should result in a further move higher.
Our profit targets will be 2046 and 2066
Resistance: 1925 / 1950 / 1975
Support: 1892 / 1860 / 1835
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Can ETH skyrocket by breaching this level for an astounding 50% Guys, we're looking at a big move up ahead. Here's why it's likely to break this level:
>Notice the Green boxed candle. It often signals a change of character (here in the upward trend), suggesting this level will be surpassed soon.
>When a 10-day green candle closes above the level (R1), expect a 50% price increase. Set your stop loss at the light blue box.
>Even if the price temporarily drops, lower time frames confirm a potential move to the DARK blue level. Keep a tight stop loss (above the R1) and aim for a 31% decline.
Remember, your input is valuable in the comments. Let's discuss and share our thoughts.
Good luck!