We have several points of confluence for a short from here.
1. BTC, the crypto market leader, has hit a long-term resistance trendline. (Note that ETH has not hit the same trendline on its own chart, but I have other reasons to believe ETH will still drop heavily here from the 1750s price point.)
2. BTC is showing signs of a large hidden bearish divergence on...
Since BTC topped around 31k, ETH has outperformed BTC. It looks like ETH is slowly gaining more and more, as more ETH is being slowly burned through EIP-1559 and more ETH is being staked. As ETH outflows since the Shapella upgrade have peaked and inflows are dominating, ETH now has a yield of about 5%; ETH looks more attractive than BTC.
Of course, BTC has its...
Hello everyone, I invite you to the review of ETH in pair to USDT, also on a four-hour interval. First of all, as in the BTC chart, we can use the blue lines to mark the downtrend channel that the price has left the top.
Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark support, and as you can see, we have a support...
ETHUSDT has seen a positive turn in recent days, bouncing back from the strong support level at 1650-1,700 on June 15. The price is currently ticking up at $1,880, indicating strong buying activity at this level.
On the daily chart of ETH, we can observe that the bulls have been consistently making purchases. Their efforts paid off on June 20 when the price...
Today, let's take a look at the prospects for ETHUSDT price movements in the medium term.
On the one hand, over the past week, the ETH price has grown +13%, which is worse than the BTC price +17%.
By the way, here we described our thoughts on the possible movement of the BTCUSDT price
On the other hand, buyers of ETHUSDT we can understand how difficult it is...
Hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- ethereum (ETH) also made significant gains on Thursday, rising above 1,900 in the process.
Following a low at 1,812.37 on Wednesday, ETH/USD surged to an intraday high of 1,932.07 earlier in today’s session.
This was the highest level that ethereum had hit since May 6, which is the last...
Short term view in Ethereum (ETHUSD) from 3.10.2021 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 3.10.2021 low, wave 1 ended at 2140.8 and dips in wave 2 ended at 1622.7 as the 2 hour chart below shows. Internal subdivision of wave 2 unfolded as a double three Elliott Wave structure. Down from wave 1 at 4.16.2021 high, wave ((w)) ended...
In ETH D chart, it can be seen that ETH has been below the resistance trendline since its high of 2146. After forming a double top around 1914, it started to decline, and there was a possibility of breaking the support at 1635.
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Currently, the price has surpassed the resistance trendline and returned to around 1914. ETH needs time to consolidate.
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The upper...
BYBIT:BTCUSDT.P
Okay so what I'm looking for in this swing up is the extension, so the last 2 extensions have been a 50%+ move and right now we have had about a 25% swing up I also have a potential resistance zone where we could consolidate for a while but the real resistance level that interests me is the 35k mark which would make this swing very similar to...
$2,150 serves as the ultimate point of resistance for ethereum.
Should we get another rejection here, it will be clear the directional bias moving into the second half of 2023.
Hello everyone, let's look at the ETH to USDT chart on a four-hour time frame. As you can see, the price has broken out of the local downtrend line.
Let's start with the support line and as you can see the first support in the coming hours is $1864, if the support is broken then the next support is $1821 and then we have the support zone from $1785 to $1749.
Now...
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Small 4s are my Elliott wave Kryptonite…
A potential for W4 coming/printed in.
Same levels/area could apply to multiple degrees.
Always a chance it's done, but these are...
ETHUSDT is currently positioned below the significant resistance level of $2000, which holds psychological significance. Furthermore, there has been a clear and decisive breach of the ascending channel, indicating the potential for further downward movement. Given that the price has approached the breakout point of the channel and the 88.6% Fibonacci resistance...
Hello dear friends,
*Mars Signals Team wishes you high profits*
This is a one day time frame analysis for ETH USDT.1D
We are in the daily time frame. As you can see, after breaking our resistance line, the price has been able to move towards our first resistance zone and we consider that if it can move above our first resistance line and consolidate above it,...
Analysis Note: This analysis will be continuously updated until the target or failure occurs, so please check back regularly for trade updates. At the end of the analysis, there will be a free trade signal to follow. If you found this post helpful, don't forget to hit the boost and follow buttons.
ETH Chart Analysis: According to MT Pandora's Box, ETH is expected...
