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Ethlong

ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS. CHART ANALYSIS:-Ethereum Buoyed by the Shanghai update, Ethereum outperformed BTC in today's session, gaining nearly 7% in the process. ETH traded at 1,882.37 in today's session, up from a peak of 2,007.05 a day earlier. As a result of today's increase in value, the world's second-largest cryptocurrency reached its highest level since last August. The 75.00 resistance level appears to be the next hurdle for the bulls, and should the momentum continue in the uptrend, ETH could move above 2100 this week. 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
BITSTAMP:ETHUSD
by CryptoSanders9563
2
Ascending Triangle On ETH (BULLISH!!) Hello guys ,Today i saw a low risk opportunity on ETH/USDT. the price is on the bottom of the ascending triangle and if it doesn't break it you can do this scenario. open your position after the price turn back.(wait for green candle,don't open your position fast !) first target is about 1995.(it's safe to close your position) but if it's going to continue the scenario , you can close your order on 2030. supertrend is giving a buy signal too. it's just an idea , always do your research and analysis. don't forget to follow and boost this idea :) thank you.
Long
by Crypto2021_2021
2
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS. CHART ANALYSIS:-Ethereum fell below the 1900 level during today's session, losing almost 3% in the process. After hitting a high of $1923.81 on Tuesday, ETH/USD fell to a low of $1860.04 earlier in the day. Today's move came as ETH declined below the key 1915 resistance level, with the 1830 bottom a potential target for sellers. 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
BITSTAMP:ETHUSD
by CryptoSanders9563
3
ETH Bullish Momentum Cont: why next TA Ranges from 2k to $2444?Ethereum Technical Analysis points to a Bullish Momentum most likely to contining for a 2k price range TA? Despite BTC having a stronger bull move last week, we shouldn't be deceived by the sluggish move of ETH buyers to break above 2k. Looking at the daily chart, ETH hasn't been able to break above the 1800 resistance level, with buyers struggling around the 1840 mark. However, there is a plan to clear the 2k resistance level and potentially go further above it. While it's good to not overlook the current primary bear trend, it's important to note that what is currently being experienced is a secondary trend. This is seen on intraday timeframes like the 4hr chart, while the primary bear trend is seen on the weekly and monthly charts. Secondary trends are reactions to the major primary trend, which in the case of ETH, is still ongoing. This means that the bullish momentum on ETH is yet to max out. The major resistance to watch for a good reaction is the price range of 1900 to 2040, which will force a tertiary reaction but is likely to be broken through after a mini pullback occurs. This persistence will drive bulls to max out the bull run all the way to 2200, and stop-loss hunting from market makers could force buyers' hands to the 2400 range depending on the capital inflow and momentum. Therefore, the direction for ETH is to buy, with the target price range for the 1st TA being 1900-2k, the 2nd TA being 2160, and the 3rd TA being 2444
Long
by MachiavelliTrader
Ethereum - Buy The Rumor, Sell The News? 😳What’s up traders. In today’s trading idea, we discuss our thoughts on Ethereum. Taking a look at the Daily chart, we’ve mapped out a few key levels & zones. The story for Ethereum will be similar to our previous post on Bitcoin, in terms of where we think the 2nd largest crypto is headed. If you haven’t heard, the Ethereum network is about to undergo the highly anticipated Shanghai upgrade on April 12th. Simply put, this upgrade will allow investors (validators of the network) to withdraw their ETH that has been staked since December of 2020 (massive unrealized gains sheesh). Right now, staked ETH accounts for 1/7th of the entire supply, 16 million tokens valued at over HKEX:26 billion. Will a massive price dump follow? Without diving too deep into the technicalities of the Shanghai fork, a subsequent dump could likely be in the cards. Scenario 1: Bull Case We see a continued push from Bitcoin, driving Ethereum up. We’re currently in an ascending triangle / bull flag, so a breakout to previous highs wouldn’t be surprising. HKEX:2 ,000 ETH definitely in the cards (Round number pseudoscience). If we can surpass the 2K barrier, consolidate above combined with a bullish Bitcoin. Taking longs right now don’t sound too shabby. Scenario 2: Bear Case The bearish scenario would entail a “Buy The Rumor, Sell The News” situation. Where this push we’ve witnessed in recent days/weeks is due to the hype surrounding the Shanghai Upgrade. A dip back down the 1400-1500 levels might be a solid spot if you want to look at getting long. If we see a severe dip from Bitcoin, and end up retouching the 1000-1200 levels. We’d be looking to buy & hold as those prices would be quite appetizing. As always, NONE of this is financial advice. Trade, and invest at your own risk. This is for educational and entertainment purposes only, and we are in no way shape or form financial advisors. Eyes peeled out there team. See ya in the next one.
by QuantVue
6