ETHUSD Channel ConfirmationThe up channel has been further solidified with this recent bullish touch
This is a result of the breakout of the falling wedge structure in green
4Hr chart
Ethlong
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- ethereum (ETH) also moved higher on Saturday, remaining above the 1,800 level.
Following a low of 1,810.37 on Friday, ETH/USD managed to hit an intraday high of 1,837.87 earlier in the day.
This surge led to the world’s second-largest cryptocurrency breaking out of its recent ceiling of 1,830.
as the day has progressed, earlier gains have somewhat fallen, with ETH now trading at 1,828.18.
It appears that market uncertainty has also risen, as the RSI neared a ceiling of its own at the 49.00 mark.
Price strength is now tracking at 48.75, and should it break out of this point, then there could be further highs from ETH this weekend.
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Can ETH skyrocket by breaching this level for an astounding 50% Guys, we're looking at a big move up ahead. Here's why it's likely to break this level:
>Notice the Green boxed candle. It often signals a change of character (here in the upward trend), suggesting this level will be surpassed soon.
>When a 10-day green candle closes above the level (R1), expect a 50% price increase. Set your stop loss at the light blue box.
>Even if the price temporarily drops, lower time frames confirm a potential move to the DARK blue level. Keep a tight stop loss (above the R1) and aim for a 31% decline.
Remember, your input is valuable in the comments. Let's discuss and share our thoughts.
Good luck!
Ethereum -> Consolidation Before BreakoutHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Ethereum is approaching a quite nice previous weekly resistance area which is currently turned support exactly at the $1700 level.
You can also see that weekly moving averages and market structure is overall bullish, I am now just waiting for a retest of this level before I then do expect more continuation towards the upside.
On the daily timeframe you can also see that over the past couple of days Ethereum has been trading between support at the $1780 level and resistance at the $1855 level so I am now just waiting for a break above the resistance and then also the daily timeframe looks promising for a next rally towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
$ETH - BULL MARKET has BEGUN50MA crossed 100MA after an YEAR
How dare you to be BEARISH?
BULL MARKET Started!
However keen on Next week CPI & PPI data
Bitcoin & Ethereum: Sunny Outlook ⛅ Ripple & Cardano Shining? ☀️Sunny weather with a few scattered clouds lies ahead for the crypto space, including Bitcoin and Ethereum . The market sentiment is boosted by the Nasdaq's overnight rally and hopes of an imminent debt ceiling deal. This sets the stage for a slightly bullish market with upside potential in the next 24 hours. 🚀
But the spotlight today falls on Ripple and Cardano , as they bask in tropical conditions - very bullish with significant upside potential. 🌴🌟
Over a one-week horizon, cloudy weather with some sun for Bitcoin , which means a slightly bearish market with downside risk. The outlook is better for Ethereum, Ripple and Cardano : a slightly bullish market with upside potential.
Follow us to stay updated with more crypto weather insights and reports!🌩️⛅🌈
Perhaps it will influence the direction of the wider market1 / The smart whale that made around $2.5 million during the #USDC decoupling is long ETH on #Aave.
Today, this whale:
- Converted 7,169 stETH with 7,169 ETH.
- Deposited 7,169 stETH into #Aave.
- Borrowed $8.45M USDT.
- Deposited 8,450,000 USDT into #Binance (possible ETH purchase).
2/ Whale deposited 28,755 stETH ($52M) into Aave, borrowing a total of 36M USDT.
The health rate is 1.2.
When the price of ETH drops by 20% (~1,511) it will be liquidated.
3/ During the USDC decoupling period, Smart Whale exchanged a total of 66.6M USDT for 69.2M USDC.
USDC was then exchanged for USDT when USDC returned to the peg in April.
A profit of around $2.5 million!
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) also declined for the second session in a row, falling below the 1,800 level in the process.
After hitting a high of 1,817.97 ETH/USD reached a low of 1,763.37 today.
The move dropped Ethereum from its own support point at 1,790, hitting a two-week low in the process.
the earlier decline has eased somewhat, as the floor at 43.00 on the RSI has helped stop the bleeding.
Despite the decline, the 10-day (red), and 25-day (blue) moving averages are now nearing a crossover, which could signal a price reversal.
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ETH SETUP"Support levels are indicated in green, from weakest to strongest at the bottom, and resistance levels are also indicated from weakest to strongest. You can enter buy and sell trades based on them."
Please note that support and resistance levels are commonly used in technical analysis to identify potential levels at which the price of a financial instrument may reverse or encounter obstacles. Traders and analysts use these levels to make informed decisions about entering or exiting trades.
ETH Ascending Triangle Pattern Points to Potential BreakoutEthereum (ETH) traders have identified an intriguing chart pattern on the 30-minute timeframe—an ascending triangle pattern. This bullish continuation pattern suggests a potential breakout ahead. In this article, we'll delve into the pattern, outline the key levels, and propose a trade setup for traders to consider.
Ascending Triangle Pattern Overview:
The ascending triangle pattern is a reliable bullish continuation pattern characterized by a series of higher lows coupled with a consistent resistance level. This pattern signals a higher probability of an upward price breakout.
Current Scenario:
ETH is currently trading in proximity to the neckline resistance level, forming an ascending triangle pattern on the 30-minute chart. Traders should anticipate a minor dip before a potential breakout occurs.
Trade Setup:
Entry Level: $1840
Target: $1946
Stop Loss: $1824
View Negation:
Should ETH break below the critical support level of $1820, the pattern's validity would be invalidated, and traders should reconsider their position.
ETHEREUM UPDATES WEEKLYAs the news/fud on cryptocurrencies space, more people are against the bulls.
Im expecting the eth would follow the moves of Bitcoin.
This is not a financial advice.
Follow for more.
Weekly traders not intraday or scalping trades..
Base only on spot or if you want futures. go for it.
BTC, ETH 🌤️ ADA, AVAX, MATIC - Today's Crypto Stars? 🌴🌟Sunny weather with a few scattered clouds 🌤️ lies ahead for the global crypto market, including Bitcoin and Ethereum. Investors anticipate a US debt ceiling deal. This means that a slightly bullish market with upside potential is likely.
Tropical conditions 🌴 – very bullish with some upside potential – predicted for Cardano, Avalanche, and Polygon.
Over a one-week horizon, ATTMO expects cloudy weather with some sun 🌥️ for Bitcoin and Ripple, translating into a slightly bearish market with downside risk.
Follow us to stay updated with more crypto weather insights and reports!🌩️⛅🌈
Ethereum - Looking To Buy Pullbacks In The Short TermH1 - Higher highs.
No opposite signs.
Currently it looks like a correction is happening.
Until the two strong support zones hold my short term view remains bullish here.
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- ethereum (ETH) Ethereum (ETH) climbed slightly higher on Monday as it bounced off key support points once again.
After a low of 1,793.22 on Sunday, ETH/USD climbed to a peak of 1,820.25 at the start of the day.
The drop saw Ethereum near its recent price bottom at the the1,790 though bulls used this as a signal to re-enter the market.
Nevertheless, the earlier gains have been pared down to some extent, with the index currently trading near the all-time high of 46.00.
For the momentum to accelerate fully, this resistance would need to be broken, which is unlikely to happen until a debt ceiling agreement is reached.
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 to break the resistance?Ethereum - 24h expiry - We look to Buy a break of 1846 (stop at 1796)
Daily signals are mildly bullish.
A break of the recent high at 1844 should result in a further move higher.
1844 has been pivotal.
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
The primary trend remains bullish.
Our profit targets will be 1966 and 1986
Resistance: 1830 / 1845 / 1860
Support: 1790 / 1780 / 1760
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EGTUSDT ARE you RDY 2023 Long👌❤🧨The upward trend for Ethereum will also start soon.
At first, Ethereum will have a downward trend for the range of 1696 dollars, from the point of view of Smart Money, then it will start its upward trend with strength and touch the three ranges of 2020 dollars, 2478 dollars and 2967 dollars.
In the meantime, the alt season will start and other cryptocurrencies can give good profits to its shareholders.
#ETH to follow Hiragana!Hello and welcome guys! here i am presenting you a simple way to analyse hiragana pattern. I have found it even and it works! Yes. atleast in crypto! The fall is eminent till 1772 retesting lows and a blasting momentum soon! just observe it.
Ethereum -> Still Stuck At The $2000 LevelHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Ethereum just recently once again retested a quite massive weekly structure area at the $2000 level which is now turned resistance again.
However you can also see that overall market structure and moving averages are still quite bullish, in my opinion we also already saw the bottom of the bear market so I am now just waiting for any opportunity to then get long Ethereum for the next bullrun.
On the daily timeframe you can see that Ethereum shifted back to a bearish market by breaking below the $1825 structure level, so I am now just waiting for either a break back above the zone or a retest of the next support at the $1675 level before I then do expect more upside potential.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Ethereum Analysis: Potential EvolutionThe prevailing challenges faced by fiat currencies, particularly the US dollar due to the debt ceiling issue, have sparked interest in alternative digital assets like Ethereum. In this analysis, we will explore how Ethereum could potentially evolve in light of these circumstances and present a trading strategy with a buy zone of 1,059.26-565.49. The analysis suggests a first target of 6,461.8 and a final target of 10,403.34, reflecting the potential for substantial price appreciation.
Analysis:
1. Fiat Currency Challenges: The debt ceiling concerns and associated issues affecting fiat currencies have triggered a surge in demand for alternative digital assets. Ethereum, as a prominent decentralized blockchain platform, has gained significant attention as investors seek avenues to protect against potential fiat currency instability.
2. Buy Zone: The suggested buy zone for Ethereum lies between 1,059.26 and 565.49. This range indicates levels at which traders could consider entering long positions, capitalizing on the potential price appreciation driven by the challenges faced by fiat currencies.
3. First Target: Considering the evolving landscape for Ethereum, the analysis suggests a first target of 6,461.8. This level signifies a substantial upside potential and serves as an initial profit-taking area.
4. Final Target: The analysis further indicates a final target of 10,403.34, reflecting the potential for Ethereum to reach new highs. This target signifies the possibility of an extended price surge beyond previous records.
Amid the challenges surrounding fiat currencies, particularly the US dollar's debt ceiling issue, Ethereum has emerged as a compelling digital asset for investors seeking to hedge against potential currency instability. The suggested buy zone of 1,059.26-565.49 provides an opportunity for traders to enter long positions. The first target of 6,461.8 offers a potential profit-taking area, while the final target of 10,403.34 represents the possibility of Ethereum achieving new highs.
Disclaimer: This analysis is based on the assumption of ongoing challenges faced by fiat currencies, particularly the US dollar. The cryptocurrency market is highly volatile and subject to various factors beyond the scope of this analysis. Traders and investors should conduct their research, evaluate market conditions, and exercise caution when making financial decisions.
matici got matic about bottomed and finished with the HTF B wave. Now loading C wave back to $5 plus
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- ethereum (ETH) also trended higher, racing back over the 1,800 level in today’s session.
ETH/USD hit a high of 1,834.27 earlier today, which comes less than 24 hours after falling to a bottom at 1,786.67.
This has resulted in the world’s second-largest cryptocurrency bouncing from a support point at the $1,790 mark
the RSI on ethereum has still yet to move which is at the 47.00 mark.
Price strength is currently at the 45.10 level, and should it cross the line of 47.00, more bulls will likely reenter the market.
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
BTC, ETH 🌥️ Does XRP Shine Brighter? ☀️Sunny weather is ahead with a couple of scattered clouds ⛅️ for Bitcoin and Ethereum 🚀, in the next 24 hours, according to ATTMO, a weather-inspired crypto AI forecasting tool. This means that a slightly bullish market with upside potential is likely. 📈
The weather is tropical 🏝️ – very bullish 🐂 with some upside potential – for Ripple today, boosted by signals that the judge in charge may rule in XRP’s favor in the US.
Cardano, Polkadot and Binance Coin also have some upside potential.
📆 Over a one-week horizon, both Bitcoin and Ripple are likely to be trading in a bearish market 🐻 with downside risk.
Stay informed! Follow us for more updates and insights on the evolving crypto landscape. 🔍💼
