Ethereum to continue in the selloff?Ethereum - 24h expiry - We look to Sell a break of 1578 (stop at 1610)
The overnight rally has been sold into and there is scope for further bearish pressure going into this morning.
There is no clear indication that the downward move is coming to an end.
A break of the recent low at 1579 should result in a further move lower.
Daily signals are bearish.
Our short term bias remains negative.
Our profit targets will be 1498 and 1478
Resistance: 1617 / 1630 / 1657
Support: 1579 / 1555 / 1530
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Ethshort
ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!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 fell to its lowest level since March 12, when price was under 1,500.
today’s rally saw the RSI move away from the oversold zone, and it is now at a reading of 41.52.
This is marginally above a ceiling of 41.00, with a level of 50.00 the apparent target for short-term bulls.
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ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!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 level since August 22.
The decline arrives as a breakout occurred on a price floor of 1,620, with bears rushing into the market as a result.
Price strength is now oversold, and is tracking at 31.27, with the next support point at the 28.00 zone.
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ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum’s price has been in a low volatility period, booking a modest loss of 1.7% this week. With the price under the key resistance at $1,660, the bulls appear unable to take ETH higher at this time.
The current support levels are found at $1,550 and $1,440, with the latter having the most confidence to stop sellers should they increase their pressure at these levels.
Ethereum remains in a downtrend with momentum favoring the sell side. A test of the key support at $1,440 appears likely in the next few weeks if nothing changes especially if Bitcoin breaks below $25k.
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ETH/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) also edged higher during Friday’s session, with bulls pushing the price closer to the 1,700 level.
After trading at a low of 1,617.80 on Thursday, ETH/USD rallied to an intraday high of 1,657.30 earlier in the day.
gains have since faded, with the world’s second-largest cryptocurrency now trading at 1,626.05.
A failed move beyond a resistance zone of 40.00 seems to be one reason for the reversal, with the RSI now tracking at 37.41.
Should momentum continue to slip, a floor of 35.00 could provide a stable base, and if this fails, ETH could slip under 1,600.
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ETH/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) tracked close to a support point of 1,630 for a fourth straight session, as traders continued to fight to secure market momentum.
Following a low of 1,611.15 on Wednesday, ETH/USD spiked to a peak of 1,656.93 earlier in the day.
Price has since slipped, with the world’s second-largest cryptocurrency now trading around the 1,626.20 level.
The decline came as the 14-day relative strength index (RSI) hovered near a floor of its own at 36.00.
the index is now tracking at 36.30, with a move lower likely to trigger an increase in bearish pressure.
A move below 1,600 remains a real possibility for the coming days.
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ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) remained close to the 1,630 level during today’s session, despite attempts by bears to force a breakout below 1,600.
ETH/USD has climbed away from an earlier low of 1,610.14 on Wednesday, with the price going on to peak at 1,635.29.
the 10-day (red) and 25-day (blue) moving averages seem set for an imminent upwards cross, however price has yet to react to the prospect.
Ethereum’s price strength now sits at a reading of 36.80, marginally above a floor of 36.00, however, a ceiling of 44.00 is likely the real target for traders.
Should a reversal happen in the coming days, a move to this point of resistance will be enough to send ETH past 1,700.
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ETH/USDT 4HOUR UPDATE BY CRYPTOSANDERS !!Hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- 4-hour timeframe, it becomes evident that the downward trajectory was momentarily halted when Ethereum reached the substantial 1.6K support region. This indecision led to a brief consolidation phase marked by low volatility. However, the price experienced a sudden surge (the Grayscale pump), marked by the emergence of a substantial green candle.
However, buying pressure weakened as the price ascended and approached the critical 61.8% Fibonacci retracement level, prompting a reversal. Consequently, the price embarked on another impulsive retracement, driving it back towards the 1.6K range. Furthermore, Ethereum has formed a bearish continuation flag pattern, and it is currently attempting to breach the lower boundary of this pattern.
Because the 1.6K threshold holds significant psychological importance, if sellers successfully push the price below this critical level, the market could potentially witness another quick and steep plummet toward lower price thresholds.
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ETH/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) narrowly avoided a move below 1,600 over the last 24 hours, despite market sentiment seemingly remaining bearish.
Following a drop to a bottom of 1,603.03 on Sunday, ETH/USD climbed to a peak of 1,650.71 to start the week.
The price of the world’s second-largest cryptocurrency has since slipped, and as of writing is now trading at 1,633.67.
After almost dropping below 1,600, downward momentum eased as Ethereum’s RSI found a stable support point of 36.00.
price strength is now tracking at a reading of 36.79, with the 10-day (red) and 25-day (blue) moving averages on the cusp of an upward cross.
RSI remains above 36.00, there is a good chance that ETH will move above 1,700 in the coming days.
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ETH/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- After almost falling below 1,600 on Friday, ethereum (ETH) was mostly higher to start the weekend’s session.
ETH/USD peaked at 1,650.71 earlier in the day, but momentum has since dropped, with the price now at 1,635.02.
The world’s second-largest cryptocurrency has not been able to move back above 1,650, which has been a point of price support.
it appears that ETH managed to avoid dropping under 1,600 due to the relative strength index (RSI) colliding with a floor at 36.00.
price strength is now tracking at a reading of 37.04, with the next visible ceiling at 49.00.
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Ethereum (Long Term) What will we expect?Hello my friends, how are you doing?
Here is the full analysis for this pair, let me know in the comment section below if you have any questions. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied.
Today I want to talk about ETHUSD
Before that, I want to remember It's not financial advice. so, just see and think about it.
I'm just sharing my view and opinion of the chart. Please do your own research 🙏
As seen on the chart The price is so close to the first Support zone and I expect the price to react to this support again.
But if the price loses this support zone everything will be difficult and the situation will be changed.
By the way, in the next analysis related to the short term, I will tell you more details.
This causes a drop in the market if we see any close of the candle below 1140 USD in the Ethereum.
Let me tell you three support zones. The first is around 1450 USD, the second is about 700, and the last one I count on is around 330 USD.
I think it's the best price to buy and hold Ethereum for a long time. It will be fantastic.
We will never see this price anymore
If we lose the first support zone, it can lead to a FUD in the market.
Please don't forget to like 👍 follow ✅ share 🙌 and write your comments if you enjoy this Idea, Also share your ideas and charts in the comments.
I wish you health and wealth.
I hope you will fulfill your ambitions.
Sincerely Yours
Ho3ein.mnD
ETH/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- ethereum (ETH) bulls made an appearance over the past 24 hours, pushing prices above 1,700 in the process.
ETH/USD rose to an intraday high of 1,742.64 during Tuesday’s session, after trading by as much as 100.00 lower earlier in the day.
this saw ethereum move to its highest level in almost two weeks, and close to a resistance level of 1,750.
This rally has since lost momentum, with price strength running into a wall at the 49.00 mark, and is now at a reading of 46.85.
A floor of 41.00 now awaits if bulls continue to capture recent profits, giving way to bears to reenter.
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This is why i believe we are in for a -78% correction ETHUSDHello Crypto friends! SMASH THAT LIKE AND FOLLOW BUTTON then continue to read on!
I hope all of you are having a wonderful day as i am going to share a chart with you that i believe will transpire in front of us within the next month and a half.
Why would i believe LiquidMEX on such a bold call like this?
You would believe a call like this because i have year after year dating all the way back to 2017-2018 calling/predicting massive sell offs and calling/predicting massive up moves with sniper like accuracy on taking profits at the TOP! Check my catalog of charts on my profile to see the proof for yourself and i will also leave a few charts tagged to this one.
Why would ETHUSD drop -82 like your showing on the chart that it will?
Look at the high ETHUSD reached Monday November 8th 2021. At the ATH of ETHUSD we dropped -82% in a span of 224 days the bottom being $879 on June 16th 2022. Now take a look at April 14th 2023 when we reached the micro high at $2,157. Taking a date range tool from the micro high at $2,157 and sending it 224 days from that high brings us to the date of November 26th 2023 which is where i believe we will see the bottom of ETHUSD.
What are the most CRITICAL support levels to watch for?
Glad you asked, i have made this very simple to understand using the horizontal ray tool.
KEY SUPPORTS
1. $1,622
2. $1,368
3. $1,076
4. $879 CRITICAL
5. $368 BOTTOM
THE BEARFLAG
The bear flag is identified as a period of consolidation after the completion of prices initial decline. During this period, prices may slowly channel upward and retrace a portion of the initial move. At this point traders will wait for price to break to lower lows in the direction of the trend.
CONCLUSION
Summarizing everything you have just been told i expect the bottom of not only ETHUSD but also Bitcoin to be reached by or very close to the date of November 26th 2023.
ETH's Head and Shoulders Pattern UnraveledEthereum (ETH) is drawing attention with a head and shoulders pattern breakdown. This resembles the broader market's trend, raising prospects of a 25-30% crypto sector decline. The head and shoulders pattern signifies a shift toward bearish movement, while its alignment with BTC and total market cap projections strengthens this anticipation. Stay alert for market developments as patterns evolve.
#ETH - thoughts out loud №1Good evening from Ukraine!
Dear colleagues, I am sincerely pleased to welcome you, thank you for reading my vision of the current situation.
To put it briefly, we need to shake things up in order to continue moving upward. And no one is interested in this, because professional market operators do not even know about your existence.
Thank you all for your attention, I wish you success.
Sometimes you win /sometimes you learn .
- thoughts out loud
- thoughts out loud
- thoughts out loud
BINANCE:ETHUSDT
ETH/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) was marginally higher on Saturday, as the price rebounded from a recent move below 1,600.
Following a high of 1,695.45 on Friday, ETH/USD fell to a bottom of 1,644.93 to start the weekend.
On Thursday, ethereum dropped to a low of 1,540, which was its weakest point since March 12, when the price was trading below the 1,459 level.
The 10-day (red) moving average is now firmly on a downward trend, after appearing as though it was nearing an upwards cross earlier in the week.
ethereum seems to have found a firm floor around the 1,660 level.
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.
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