Hello everyone, I invite you to review the chart of ETH in pair with USDT, also on a four-hour interval. First of all, we can use the blue lines to mark the downward trend channel in which the price is currently moving and, as we can see, we have another attempt to exit the prevailing downward channel. Now let's move on to marking the support places. We will use...
The price of dydx has now reached the resistance zone for the third time but has been unable to break through. Instead, it has experienced a significant decline. Additionally, it has established a lower low in the most recent swing. Therefore, I expect that a new low might be on the horizon.
A large channel on the Weekly chart Similar scenarios could play out within the expanding wedges I think ETH will outperform BTC by a lot in the up coming bull market.
:ong term ETH analysis. Purely focused on the structure of the cycle that Ether follows containing a triple top formation with a 1st high, weaker HH, lower High and a drop down followed by slow consolidation culminating in double bottom - not precisely - in demand zone, which is around $1000 USD this cycle. Target for next cycle is pure speculation. Only...
Hi folks today I'm prepared for you Ethereum analytics. Some time ago price rebounded from the resistance zone, which coincided with the 1735 resistance level, and started to decline to the 1620 current resistance level. After the price reached this level, it at once rebounded, but soon made a correction back and then continued to rise. ETH rose to resistance 2,...
hello, welcome to this ETH/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Ethereum (ETH) has also experienced a high level of volatility in the past 24 hours, falling to a multi-month low in the process. ETH/USD dived to a low of 1,533.43 during yesterday’s session, before rebounding, and is currently trading at 1,619.11. As a result of Monday’s drop, ethereum...
This chart has been drawn for months before the IHNS even completed. Right now BTC is at the neckline support, we anticipate a move up from here however at the same time expecting some chop. The levels to watch out for are fairly simple to see in the chart, the simpler the better. A break of neckline support will lead us to retest the right shoulder.
Ethereum (ETH) technical analysis: Trade setup : After a bearish breakout from Rising Wedge pattern, price also broke below $1,800 support area and 200-day Moving Average. Now, price is getting oversold (RSI < 30) and approaching support of $1,500, which could be a swing trade entry area, albeit a riskier trade setup since overall trend is down. Trend :...
Ethereum (ETHUSD) could rise towards a pullback resistance and potentially reverse from here to drop lower towards our take profit target. Entry: 1616.65 Why we like it: There is a pullback resistance that aligns with the 61.8% Fibonacci retracement level Stop Loss: 1671.46 Why we like it: There is a swing-high resistance Take Profit: 1540.08 Why we like...
ETH will probably retrace to the Target Area 1 and Target Area 2 as marked on the chart. Our Algorithm did flash a short signal, marked in red on the Chart, we have a 86% probability that we will go down from this point on in the chart.
hello, welcome to this ETH/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Ethereum (ETH) edged lower to start the week, with price falling below the $1,600 level on Monday. After peaking at 1,627.67 on Sunday, ETH/USD raced to an intraday low of 1,581.79 during today’s session. This resulted in the world’s second-largest cryptocurrency falling to its lowest...
Ethereum is technically oversold on the 1D timeframe (RSI = 27.808, MACD = -41.850, ADX = 34.405) and is approaching the bottom of the Channel Down pattern since April. This is a strong buy opportunity, with the upward reach potentially able to extend to a +24.90% rise from the bottom. Buy and TP = 1900. ## If you like our free content follow our profile to get...
EOS needs to break 2$ to get on a mini-bullrun to all-time highs and beyond, with main support at 4-5$. Otherwise - when rejected - this project will go down forever.
Over the course of the past day, Ethereum experienced a notable occurrence as it revisited the critical support level of $1,600. However, this particular revisit differed from previous instances, as the cryptocurrency failed to exhibit a favorable upward response. This circumstance has raised concerns regarding the potential for a short-term breakdown below this...
Hello everyone, I invite you to review the ETH pair to USDT chart, also on a four-hour time frame. First, we will use the yellow line to mark the local downward trend line under which the price is currently located. Now let's move on to marking the support places. We will use the Trend Based Fib Extension tool to mark supports, and as you can see, first we have a...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on DAILY: Left Chart ETH is still overall bearish trading inside the falling channel in red. This week, ETH broke below the 1650.0 support zone, hence we are expecting further bearish movement till the 1500.0 support. As ETH approaches the 1500.0 support which is...
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Over the last few weeks I've been making a lot of bearish analyses. I still hold the idea that Bitcoin will likely go down for the remainder of the year and that ~31.800 was the top for 2023. Nevertheless, I think it's important to look at different perspectives of the market, hence why I'm trying to look from the perspective of a bullish investor. In my eyes,...