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Ethusdanalysis

#ETH - thoughts out loud №5Good evening from Ukraine! Dear colleagues, I am glad to welcome you! The current development of the situation indicates that in the absence of positive dynamics of movement from the current price, it may lead to a decrease in the price of the instrument (supply test). However, it is worth considering that professional operators who create the market have their own plans that differ from the way the masses see the situation. It will be great to take part in a rapid "unexpected" upward momentum in order not to let extra passengers into the market) Thank you all for your attention, I wish you success . Sometimes you win /sometimes you learn. - thoughts out loud - thoughts out loud - thoughts out loud P.S. ...Think positive)
Long
by WVitalievich
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETH/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Ethereum (ETH) traded above its own support point at 1,850 on Friday, as the cryptocurrency continued consolidating. ETH/USD dropped to a bottom at 1,855.32 earlier in today’s session, a day after peaking at 1,878.43. The price consolidation comes as the RSI failed to move above a current resistance level of 48.00. As of writing, the index is on the cusp of crossing this line, however, momentum is still relatively weak. There could likely be a spark later in the day, depending on how traders react to the University of Michigan Consumer Sentiment report. 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
Long
by CryptoSanders9563
Ethereum will pump this weekHello, Community! Today it's time to talk about CRYPTOCAP:ETH because the Bitcoin is staying at the same level. Like in BTC analysis today we apply the FibDiv strategy and combine it with our Skyrexio SmartBot. Let's take a look at the chart 1. The first we should do is to define the impulse to apply the Fibonacci retracement to it. We should wait for three decreasing bearish candles to draw the Fibonacci levels. You can see how it looks like on the chart. It's interesting to consider purchases below 0.5 level. Now this level is located at $1800. When price reach this level we expect the bounce to the zone 27, approximately $2050. This is the minimal target. The maximum one is at the purple line ($2200), but I don't believe that it is reachable. Of course we are not going to trade it manually becuase we have Skyrex SmartBot which takes into account all our knowledges and accumulate position where it's needed. It's working 24/7 which is great advantage because I often missed nice entries during the sleep. SmartBot has printed the next strong support at $1804, which coincides with 0.61 Fibonacci, there it will add to long trade. The take profit level now is located at $1993. Best regards, Skyrexio team ___________________________________________________________ 🔥Please, follow me and smash the rocket🚀 button to support us🔥
Long
by Skyrexio
1
Negative Money Flow Index for ETH - Explore AlternativesI write to you with caution regarding Ethereum (ETH) and its current negative dropping Money Flow Index (MFI). As many of you know, the MFI is a popular technical indicator used to measure the strength and direction of money flowing in and out of an asset. It provides insights into market sentiment and can help identify potential buying or selling opportunities. Unfortunately, the recent MFI trend for ETH has raised concerns and warrants our attention. Over the past few weeks, ETH's MFI has shown a consistent negative drop, indicating a significant outflow of money from the asset. While market fluctuations are common in cryptocurrencies, it is crucial to acknowledge this downward trend and consider its implications for your investment strategy. Therefore, I urge you to step back and reevaluate your portfolio allocation, especially regarding ETH. While Ethereum has undoubtedly been a pioneer in the blockchain space and has witnessed remarkable growth, it is essential to remember that diversification is the key to long-term success in any investment venture. Given ETH's negative dropping of MFI, I strongly encourage you to explore alternative asset classes within the cryptocurrency market. By diversifying your holdings, you can mitigate risks associated with a single asset's performance and potentially capitalize on emerging opportunities elsewhere. Consider allocating a portion of your portfolio to other promising cryptocurrencies demonstrating positive signs and growth potential. Conduct thorough research and analysis, considering factors such as market demand, technological innovation, and the team behind each project. This approach will help you make informed decisions and reduce the impact of any adverse trends affecting a particular asset. Remember, the cryptocurrency market is highly dynamic and ever-evolving. As traders, we are responsible for adapting and staying ahead of the curve. By considering alternatives to ETH and diversifying your investments, you can better position yourself to navigate the market's ups and downs while potentially maximizing your returns.
BITSTAMP:ETHUSDShort
by bryandowningqln