ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETH /USD 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Ethereum (ETH) was also marginally higher in today’s session, with prices continuing to trade below a long-term ceiling
ETH/USD hit a high of $1,342.76 earlier in the day, less than 24 hours after trading at a low of $1,324.97.
Overall, ethereum remains below a resistance point of $1,350, with many expecting prices to move after the release of U.S. inflation figures tomorrow.
As can be seen from the chart, the consolidation below this price ceiling comes as the RSI continues to trade under a hurdle of its own.
Price strength is now tracking at the 68.73 level, which is under a point of resistance at the 70.00 mark.
ETH bulls are likely still targeting a move beyond $1,400, however, in order for this to happen, the RSI level of 70.00 must first be overcome.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
ETHBTC
ETHBTC - Broken Above Symetrical Triangle!We've got a significant break upward with ETHBTC at the moment - breaking out of this symetrical triangle it's been trading within for the last few months. With a Long signal from Crypto Tipster v2 last night we're already seeing gains of a few % in just a few hours!
Get your SL in at just under the most recent tradinf range, around 0.071 and watch this rise up to meet the most recent swing high, grabbing around 8 or 9% profit.
If you enjoyed this idea, agree or indeed disagree - drop us a comment, like & follow! :)
BTC & ETH Comparison where the rally will stop ?Hello Everyone,
Welcome Back, Well We anticipated the region for Ethereum to short around 1350 1370 but now as per the Footprints and Positive Delta,
we come to know that Ethereum might stay in this range and try to flip it into support for further continuation towards 1500$
having said that there is high possibilities that BTC might do the same as Ethereum did.
So far so good no sign of weakness has been spotted in both charts, so becarefull while you shorting an uptrend
patience is the name of the game
Disclaimer :
All information is only for educational and entertainment purpose , do paper trades only.
Ethereum Trade Idea from my Advance Ta SkillsHello Everyone,
Today we gonna talk about this High probability setup for Ethereum taking the Relatively Equal highs at 1350 Plus minus and then will look for sign of weakness to load our shorts around there
Confluences we have got in this area.
1. REQHS
2. VAH
3. IMBALANCE
4.GOLDEN POCKET OF RANGE PROFILE
5. LONGS COMING in In this area in our EXO Footprints which is a red flag for trapped longs.
we have more confluences but thats for our lovely members only.
Disclaimer :
Only paper trading, dont over expose your self to high risk, this information is only for entertainment purpose.
regards,
Hedgers
✳️ Ethereum vs Bitcoin UpdateThe last time we looked at this chart was on the 24th of November 2022... You can see it below:
Let's keep it simple.
Here we have very strong growth potential.
Really strong as ETHBTC is trading above MA200.
If EMA50 gauges the mid-term, MA200 is for the long-term.
After many months of consolidation above this level, expect a strong rise to take place.
Namaste.
Ethereum is about to explode! (brutal)
Let's celebrate with me this massive upcoming pump on ETH! The chart is now extremely bullish, and in this analysis, I will tell you why!
As you can see, the price is printing an ascending triangle on the daily chart. Ascending triangles are very powerful, especially at the bottom of the downtrend!
From the Elliott wave perspective, this triangle is a nest with 2 impulse waves, which we can label waves (1), (2) and Waves 1, 2. This is definitely not a corrective pattern in this case.
I am sure you have seen the huge dildo on Solana; what if I tell you that something similar may happen to ETH? I predicted this exponential pump on SOL 3 weeks in advance, so check out the related idea about SOL down below!
We have a tremendous unfilled gap between 1352 - 1448, and the market wants to fill this gap, which gives us high confidence in this upcoming move.
On the way up, we have basically 4 resistances. The first is the 1448 0.618 FIB + FTX dump, followed by the parallel trendline, the previous POC, the start of the GAP at 1545, and the 1680 monthly / weekly high. These levels are good for intraday trading.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
Two scenarios are now possible. We will spend more time consolidating in this ascending triangle, or we will break out very soon!
Thank you, and for more ideas, hit "Like" and "Follow"!
The space between important resistances and supportsYesterday, Ethereum crossed the minor resistance level that we considered for it. This resistance, which was considered in the range of $1265 due to the strength of the buyer and the buying pressure behind it, caused the strong pump of Ethereum and the movement towards the resistance of the range of $1300.
The resistance in front of Ethereum is currently $1,353. If this resistance is broken, the movement towards high resistance will begin, which will continue until $1,400. The next heavy and major resistance is in the range of $1478.
On the opposite side, if Ethereum does not stabilize above the support of $1,320, the support ahead will be $1,300 (the bottom of the 61.8% Fibonacci range). If it cannot climb, the support of $1,265, $1,258, and $1,250 will wait for it.
Note that the RSI is now above the 50 level.
We will give updates in lower timeframes.
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETH /USD 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Ethereum (ETH) also moved higher to start the weekend, with prices moving gradually closer to $1,300.
Following a low of $1,240.95, ETH/USD raced to an intraday high of $1,273.22, which is its highest point since December 17.
Today’s move comes as an upwards crossover of moving averages has recently occurred, with the 10-day (red) trend line moving higher versus the 25-day (blue) line.
Typically such a move is a sign of current and future bullish momentum, and this could likely tempt more bulls to re-enter the market.
The next target will undoubtedly be the aforementioned $1,300 ceiling, which will likely be hit once the RSI climbs past its current ceiling at 59.00.
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
ETHBTCHello dear friends
In the four-hour time frame, positive RSI divergence is associated with butterfly and bat harmonic patterns.
Considering that the support range of $0.06552 has been maintained in the previous correction process, the possibility of seeing the lower areas is currently weak.
As long as the range of $0.070026 is maintained, we expect the formation of an increasing trend similar to the drawn scenario.
We would be happy to hear your comments
In order to continue the upward trend...Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day.
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(ETHBTC 1W Chart)
The key question is whether it can rise above 0.079552.
If not, you should check if it can rise above 0.072484 and follow the rising channel.
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(ETHUSDT 1W chart)
The key question is whether the price can sustain the move above 1340.12.
(1D chart)
The question is whether it can break above the downtrend line (1) and rise above 1340.12.
Even if it does not deviate from the downtrend line (1), if HA-High falls due to this rise, it is considered a meaningful move.
This is because in order to continue the upward trend, the price must rise above HA-High to maintain the price.
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- big picture
I think you need to be supported in the 13K-15K section to get the power to rise.
Therefore, whether it is rising or falling from its current position, a short-term response is required.
A full-fledged uptrend is expected to start when it rises above 29K.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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$ETHBTC - EXPECTED A BREAKDOWN...$ETHBTC - EXPECTED A BREAKDOWN...
Is the market TURNING?
Let us zoom in on eth/btc ration.
It is still a range, but instead of a breakdown of the pennant, we broke up with $DXY turning down.
Is a bull-market closer than we expect?
Let me know if you are owning any #Ethereum.
👇🏼
Ethereum thoughts in hearing.Good morning, colleagues!
I continue to think about this instrument.
Cryptocurrency markets are having a hard time now, but the hardest times are ahead in my opinion. If we start from what I see on the chart, I can say only one thing that this is not the worst, there will be more, but let's not get ahead of ourselves and thank for what we have.
Back to the chart, the price at the approach to the upper part of the trading range shows weakness, which draws weak players into the game and this is a great opportunity to sell the asset at favorable prices.
Based on the fact that in the price range of 1010 - 1100 there is a lot of floating prescription, we can expect the resumption of acquisitions from here, because in order to go to the top we need fuel at the expense of whom we will go.
Thank you for your attention, I wish you success!
P.S.
All key prices are displayed by markers on the price scale...
Ethereum - Big overview of the bear market.
The bears are in full control because ETH is below the two major trendlines and also below the 200-day moving average.
We have a FTX GAP between 1545 and 1352. This gap was caused by a huge panic sell-off of traders due to the collapse of the FTX exchange and by CZ Binance, who tweeted that he was not going to buy FTX as he wanted. This gap can be filled, but of course it doesn't have to.
Also, there is a 0.618 FIB at 1415 + the top of the yellow trendline + the 200-day moving average, which is another strong resistance. The bulls need a lot of strength to break this zone, and even if they are able to do it, there is another white trendline, which is the top of the parallel channel at around 1800. It's hard to say if the bulls will be motivated enough to break it.
I don't want to be bullish about this strong resistance, but we can definitely touch it, no problem. At this moment, my trades are only short-term swing and intraday trades, so I am not thinking about buying any coins for the long term.
I still think the bear market will continue in 2023 because other coins look extremely bearish, including Bitcoin.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
As you can see on the chart, the price is moving in two parallel descending channels. The top trendline of the first white parallel channel has only two touches, so the third touch should be rejected strongly.
This is a bearish Elliott Wave count, and we are currently at the 3rd wave of the 5th wave. I suggest continuing lower to complete this impulse wave.
I would love to buy ETH for around 250 - 300. I believe it is possible to get there, based on other assets such as stocks. TSLA, META, NTFLX, etc. are experiencing the biggest crash in history. And ETH is also, basically, in the IT sector.
If ETH drops below the key resistance of 1073, I expect a huge flash crash to the bottom of the descending channel.
Overall, I am bearish, and we may definitely see some relief rally. But don't get rekt by the main resistance I mentioned earlier.
Look at my idea about SOLANA (exponencial growth) in the related section down below.
Thank you, and for more ideas, hit "Like" and "Follow"!
$ETH BullMarket has BEGUN!Just like 2019 Ethereum started the Bullmarket ahead of bitcoin.
Today for the 1st time in over 1 year Ethereum passes all rules in the 2 day candle bull system.
Price above 20 MA and 10 EMA has crossed 20 EMA (so thats both)
StochRSI and MACD bullish momentum and much to grow.
Lets hope these are not fake outs!
The next week is telling
happy new year!
Determining resistance of EthereumEthereum made a strong positive reaction the previous day with a full pullback to the $1,210 support area. This sharp move has broken the resistance of the $1,227 range.
We can consider this failure confirmed with a high probability. Therefore, a pullback to this range can be accompanied by reaction signs. Of course, the point is that the upward movement is strong, and there is a possibility that the pullback is not deep.
Note that the RSI is above 50, and the price trades above the 100 hourly simple moving average.
If Ethereum can overcome the $1,251 resistance that it is currently struggling with, the serious resistance in front of it will be $1,275. The next resistances are $1,309 and $1,352.
On the opposite side, if it cannot stabilize its price above $1,251, the support on the chart will wait for it.
💥☃️🌲Ethereum Analyze(Happy New Year ,01/01/2023)!!!💥☃️🌲☃️💥💐🌲Merry Christmas💥💐🌲☃️
I hope 💥2023💥 will be one of the best years of your life, and together we can achieve great success.
Ethereum was able to break the uptrend line with a long red candle.
I expect Ethereum will go down at least to the support zone.
Ethereum Analyze ( ETHUSDT ) Timeframe 1H⏰ .
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
An important point in the new year's chart is...Happy new year.
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(ETHBTC 1M Chart)
When StochRSI falls from the overbought zone as a new candlestick is created, it is important to keep the price close to 0.072484.
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(ETHUSDT 12M Chart)
If you compare the log chart or general chart, there doesn't seem to be a big difference like the BTC chart.
The key is whether the price can be maintained above the volume profile section formed around 736.42.
(1M chart)
As it failed to rise above 1572.69, it appears to be breaking out of the long-term uptrend line.
Accordingly, attention is paid to whether it will touch the vicinity of 577.81-736.42.
Since StochRSI is showing a decline again without getting out of the oversold zone, it is judged that there is a possibility of a bigger decline if it falls this time.
(1W chart)
From a mid- to long-term perspective, the price needs to rise above 1340.12 to keep the price moving upwards.
In that sense, we need to see if it can rise above 1340.12 in the upcoming volatility week.
If not, you should check for support around 993.88-1049.
(1D chart)
The key is whether it can rise with support around 1168.36-1198.26.
At this time, the important thing is whether the price can be maintained by rising above MS-Signal.
We looked at 12M charts to 1D charts.
We can see that the price needs to stay above 736.42 to continue the new trend, i.e. the long term uptrend.
Therefore, I believe that every trading strategy should be created with this in mind.
You can also see that the price needs to hold at 1572.69-1879.61 to turn into a long-term uptrend.
Therefore, until then, a trading strategy is needed to increase the number of coins corresponding to profit by trading in a short-term response.
From a mid- to long-term perspective, it is expected that it will turn into an upward trend only when it rises above 1340.12.
Therefore, it is important to see if the volatility around January 9 can break above the 1340.12 and break out of the downtrend line.
If not, you should move sideways at the current price level and see if you can break out of the downtrend line.
From a short-term perspective, the key is whether it can be supported at the current position, namely 1198.26.
From a trading point of view, if it is confirmed that it is supported around 1198.26, it is possible to buy it.
In fact, it is not easy to buy from the current chart flow because it must rise above MS-Signal in order to earn profit from this purchase.
Therefore, it looks good to see if the MS-Signal naturally moves closer to 1198.26 by moving sideways around 1198.26 and then rising.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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