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.
Ethlong
ETH/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- ethereum (ETH) moved marginally higher, however, it continued to trade below 1,800.
ETH/USD jumped to a high of 1,757.89 earlier in today’s session, which comes a day after the price was at a bottom of 1,723.09.
The latest surge came as bulls took charge at a floor of 1,730, with the RSI bouncing from a floor of its own at 38.00.
price strength is tracking at 39.33, with the next visible point of resistance being 43.00.
Should the index move beyond the aforementioned ceiling, there is a strong possibility that ETH will climb to 1,800.
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
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.
Ethereum to see limited losses?Ethereum - 24h expiry - We look to Buy at 1722 (stop at 1672)
We are trading at oversold extremes.
Support is located at 1720 and should stem dips to this area.
Bullish divergence is expected to support prices.
Expect trading to remain mixed and volatile.
The move lower is mixed and volatile, common in corrective sequences.
Our profit targets will be 1842 and 1862
Resistance: 1755 / 1775 / 1800
Support: 1730 / 1715 / 1700
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
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:
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- ethereum (ETH), which dropped below the 1,800 level to start the weekend.
After climbing to a peak of 1,861.14 on Friday, ETH/USD slipped to a bottom of 1,721 earlier in today’s session.
The move saw ethereum plunge to its weakest point since late April, breaking out of a floor at 1,730.
As a result of this shift in market momentum, the RSI also tailed off, dropping to its lowest level since March.
The index is currently at a reading below 40.00, close to oversold territory, and could act as a slight positive for bulls.
If the price becomes more oversold, there is a good chance that longer-term bulls could move to buy the dip.
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
ETH BUY IDEAOkay fam so we have DEFINITLEY retested the 1800 zone. At this point barring any other Economic factors I would expect to see a nice bounce back up towards the 1800 zone initially. Im expecting another push down just to clean up any sell orders in the market after that we re going up. and if we can find support at 1800 we will be back in the 1800 to 1885 zone. Here is a mark up with an entry point and some key levels to Take Profit from. .
Selling Ethereum at current resistance.Ethereum - 24h expiry - We look to Sell at 1858 (stop at 1898)
We look to trade the current range.
Trading between support at 1830 and resistance at 1860.
Daily momentum has stalled and our bias is now neutral.
Previous support at 1860 now becomes resistance.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Our profit targets will be 1758 and 1738
Resistance: 1850 / 1860 / 1880
Support: 1830 / 1820 / 1800
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
BTC, ETH - Sunny Market with Upside Potential ☀️📈🌴 Tropical conditions 🌴 – some upside potential 📈 – prevails on the global crypto market in the coming hours, as investors consolidate their positions following the SEC’s targeted actions against the US crypto universe earlier this week.
Over a one-week horizon ⏳, the sunny conditions ☀️ remain, signaling a slightly bullish market with upside potential for both major cryptocurrencies – Bitcoin and Ethereum. 💎
Follow us and stay tuned for more crypto weather insights and reports! 🌩️⛅🌈
Ethereum – Weak MomentumIn my previous ETH idea, I expressed optimism about ETH’s chances of a bullish continuation. Although I am still bullish on ETH, I scrapped that trade because of the chop. On June 6th, ETH rejected lower prices and looked good to go for higher. However, now it is consolidating, and I cannot tell with confidence if it will go up or down.
The way I see it we have three scenarios:
1. UP: Move up from this price level, unlikely. If it does go up, I will wait for break and retest of the resistance at the 1930$ level to consider a long. (see black arrow).
2. Consolidation: Consolidation, wick down, and up. Be careful with ETH, because even if it goes up, I am positive there will be a wick down to hunt your SL. (see red arrow).
3. Down: If ETH goes down, I would like to suggest the 0.5 & 0.618 Fib retracements as a possible support zone, Between 1625 – 1710 USD. As you can see on the chart this support range incorporates several supports:
a. Upward sloping trendline.
b. Horizontal support level at 1680 USD.
c. Fib retracements.
IMO, we have a decent chance to find support at this level for bullish continuation. (See orange arrow).
My Trade Idea:
• Entry: 1680
• SL: 1612 (maybe a wick below, so be flexible).
• TP: 2000, 2300, 2700, leave some in case we go further up.
NFA
What do you think? Please share in the comments.
Best wishes to all.
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- ethereum (ETH) edged lower in today’s session, a day after prices neared a breakout above the 1,900 level.
Following a high of 1,896 on Wednesday, ETH/USD dropped to an intraday low of 1,822.30.
ethereum moved below a key support point of 1,830, before bulls moved to stabilize this level.
it appears that bulls decided to reenter the market as the RSI found its own floor at 47.00.
Currently, the index is at a reading of 48.52, which is marginally below a ceiling at 49.00.
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
Ethereum – Bullish Continuation is Likely• Ethereum has shown a lot of strength during the latest market correction. Not only relative to altcoins but relative to BTC as well (let me know if you want an ETH/BTC chart analysis).
• Currently ETH consolidating in a triangle pattern. Volume was slowly dropping, and ETH kept banging on the trendline resistance and against the RSI resistance. Yesterday (June 6th), ETH broke above the trendline resistance, again, but hasn’t tested it as support. Be advised that ETH is above the 100D SMA, the 50D EMA and the 20D EMA so, maybe we will not get a trendline retest.
• My assessment based on the chart is that ETH is about to break to the upside. IF you are looking to take an ETH position, especially long-term, I suggest you look for an entry. IMHO, when (not if) it pops, next stop is 2750$ possibly higher.
Trade Idea No. 1:
• Entry: 1825-1830 (successful retest of trendline and/or EMAs).
• SL: 1770 (below previous daily low).
• TP: 2750 (TP along the way but leave some for higher).
• Watch out for the RSI line breakout, it will show if the move up has momentum.
Trade Idea No.2:
• If we don’t get a trendline retest, next resistance is 1930.
• Entry: 1930 (after retest as support).
• SL: 1820
• TP: 2750 (TP along the way but leave some for higher).
Please understand, it is not easy to call for higher when everyone is calling for lower. I also thought it will dip further, but I must react to the reality as it develops. This is my opinion, based on what I see in the chart. I have to be honest with myself and with you regardless of public opinion.
NFA
What do you think? Please share in the comments.
Best wishes to all.
XRP, ETH 🌴🌞; BNB, BTC, DOGE 🌥️🐻⬇️? The mood is tropical – very bullish with some upside potential – for Ether and XRP today. 🌴
On the other hand, clouds with a hint of sun lie ahead for the global crypto market, including Bitcoin, Binance, and Dogecoin, in the next 24 hours. This signals a slightly bearish market with downside risk following the latest regulatory crackdown.
Over a one-week horizon, a slightly bullish market with upside potential is expected for both Bitcoin and Ethereum. 🚀
Follow us and stay tuned for more crypto weather insights and reports! 🌩️⛅🌈
BNB, BTC, DOGE 🌥️🐻⬇️; XRP, ETH 🌴🌞? Clouds with a hint of sun lie ahead for the global crypto market, including Bitcoin, Binance, and Dogecoin, in the next 24 hours. This signals a slightly bearish market with downside risk following the latest regulatory crackdown.
🌴 The mood is, however, tropical – very bullish with some upside potential – for Ether and XRP today. Over a one-week horizon, a slightly bullish market with upside potential is expected for both Bitcoin and Ethereum. 🚀
Follow us and stay tuned for more crypto weather insights and reports! 🌩️⛅🌈
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- ethereum (ETH) was also a victim of the recent storm surrounding the market, with prices dropping below 1,800.
Following a high at 1,870.82 to start the week, ETH/USD slipped to an intraday low of 1,780.21 earlier today.
the decline in ETH was relatively muted, with prices hitting a ten-day low.
ethereum is now down by 6% in the last seven days, while Bitcoin has lost over 8% of its value within that same period.
Ethereum’s RSI reading currently sits close to a support point at 42.00.
bulls have moved to buy the earlier dip, with ETH now trading at 1,814.38.
Hit the like button if you like it and share your charts in the comments section.
Thank you