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Ethshort

ETHUSD SELL | Day Trading Analysis Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity ETHUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
BINANCE:ETHUSDShort
by TheGrove
30
ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH/USD update from Crypto Sanders. Chart Analysis:- Ethereum (ETH) dropped 2.8% to 1,785 during the past 24 hours, with 13.19 billion worth of ether changing hands over 24 hours. The RSI of 61.4 implies that ethereum has room to rise before overbought conditions materialize. Meanwhile, the Stochastic level of 79.9 indicates the crypto asset is approaching overbought territory on the daily chart. The CCI reading of 51.4 reflects ether trading in the middle of its band. The 10-day SMA at 1,800 is close resistance, while the 50-day and 100-day SMAs at 1,656 and 1,693 denote some leftover bullish momentum. ​​Ethereum has witnessed a significant uptick in exchange inflows, reaching a five-month high with a surge of nearly 130,000 ether deposited into exchanges. Over the past fortnight, it has risen more than 10% and over the past month, over 8%. Ether recorded 13.19 billion in 24-hour trade volume on Friday. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
LRC performed Descending BroadeningLRC performed Descending Broadening Wedge A descending broadening wedge is a technical chart pattern often observed in financial markets, particularly in stock trading and forex. It is a type of wedge pattern that indicates a potential trend reversal from a downtrend to an uptrend. Here's a breakdown of the key characteristics of a descending broadening wedge: 1. **Shape:** A descending broadening wedge consists of two converging trendlines. The upper trendline slopes downward, while the lower trendline slopes upward. This creates a wedge-like shape on the price chart. 2. **Diverging Boundaries:** The defining feature of this pattern is that the two trendlines are moving away from each other, making the wedge broader as time progresses. 3. **Sloping Trends:** The upper trendline represents the resistance level and is typically steeper than the lower trendline, which serves as the support level. 4. **Volume:** Volume tends to decrease as the pattern develops. This is a key characteristic, indicating a decrease in trading activity. 5. **Duration:** The pattern usually takes several weeks to form, but the timeframe can vary. 6. **Breakout:** The pattern is considered complete when the price breaks out of the wedge formation. The breakout can be in either direction, although in the case of a descending broadening wedge, a breakout to the upside is more common and is seen as a bullish signal. 7. **Target:** Traders often use the width of the pattern at its widest point to estimate a potential price target once the breakout occurs. This is typically projected in the direction of the breakout. In the case of a descending broadening wedge, the target would be higher prices. Remember that technical analysis, including the interpretation of chart patterns like the descending broadening wedge, is just one tool used by traders and investors to make decisions. It's important to consider other factors and use risk management techniques when making trading or investment choices. Additionally, not all chart patterns play out as expected, so it's crucial to use these patterns in conjunction with other forms of analysis to make informed decisions.
Long
by Crypto-Adda_Official
$iris started.. Breakout gonna huge NSE:IRIS Performing Falling wedge in 1D Keep eye on Breakout Falling Wedge The falling wedge can either be a reversal or continuation signal. As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next. As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. Unlike the rising wedge, the falling wedge is a bullish chart pattern. In this example, the falling wedge serves as a reversal signal. After a downtrend, the price made lower highs and lower lows. Notice how the falling trend line connecting the highs is steeper than the trend line connecting the lows. If we placed an entry order above that falling trend line connecting the pair’s highs, we would’ve been able to jump in on the strong uptrend and caught some pips! A good upside target would be the height of the wedge formation.
ILong
by Crypto-Adda_Official
6
ETH/USDT UPDATE !!Hello friends, welcome to this ETH update from Crypto Sanders. Chart Analysis:- ethereum’s (ETH) price is coasting along at 1,796 per unit. ETH has witnessed a 24-hour range of 1,786 to 1,827 per ether. Ethereum’s volume is higher than BTC’s today with 10.56 billion traded over the last 24 hours. In terms of market dominance, ETH’s market valuation amounts to 16.4% of the 1.3 trillion crypto economy. Ethereum presents a more tempered growth story, with a 3.9% increase in price over the past month. The oscillators, with an RSI of 67 and Stochastic of 76, do not indicate an extreme market condition, suggesting a more stable and neutral environment compared to Bitcoin. The moving averages, with an EMA of 1,771 and an SMA of 1,792, provide additional support for a positive outlook, though the growth is not as pronounced as that of Bitcoin. The steadier price movement of Ethereum, coupled with the less extreme oscillator values, positions ETH as a potentially less volatile option in the current market. However, traders should still exercise caution and consider a range of indicators and market conditions before making trading decisions. The positive trend indicated by the moving averages is a promising sign, but it is crucial to remain vigilant and stay updated with market developments. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
by CryptoSanders9563
$loka in 1D showing strong BUll DEVRelative Strength Index The Relative Strength Index (RSI) is a momentum indicator that measures how fast and how much the currency pair’s price changes in a specific time period. It provides traders with overbought and oversold market conditions by providing values ranging from 0 to 100. A bullish divergence can be identified with RSI when the currency pair price makes higher lows, and RSI makes lower lows. A bearish divergence can be identified with RSI when the currency pair makes higher highs and RSI makes lower highs.
Long
by Crypto-Adda_Official
2
ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH/USDT update from Crypto Sanders. Chart Analysis:- Ethereum (ETH) Ethereum (ETH) continued to hover around the 1,800 level, despite a slight stint below this point during today’s session. ETH/USD fell to a low of 1,784.95 earlier in the day, which came following a peak at 1,829.25 on Monday. Bulls have since bought this earlier dip, pushing ethereum to a current reading around the 1,813.25 region. it appears that the rally came as the RSI bounced from 68.00. It is now tracking at 71.65. A ceiling at 75.00 now awaits traders and should strength move beyond this, ETH will likely move closer to 1,900. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
1
ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH/USDT update from Crypto Sanders. Chart Analysis:- Ethereum (ETH) rose above the 1,800 level to start the week, following a second straight day in the green. 1,779.36 on Sunday, ETH/USD rose to a high of 1,827.13 earlier in today’s session. the world’s second-largest cryptocurrency rose to its highest point since last Thursday. the rally came as the RSI neared its long-term resistance level of 75.00. the index is tracking at 72.20, with ethereum marginally below its earlier peak at 1,817. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
1
Breakout of $500 will lead to mini #DEFI season 🔥Good time to accumulate #DEFI coins 💎📝 Keep an eye on it 👀 Trendline Trading Strategy What is a trendline trading strategy? In technical analysis of financial markets, a trendline is a diagonal line drawn through a chart to show the trend in price. The slope of the trendline shows the direction of the trend: if the line has an upward slope, the trend is up (an uptrend), and if the line has a downward slope, there is a downtrend. When the slope is flat, the trend is horizontal, and in that case, we say that the market is moving sideways or is range-bound. As you know, the price moves in swings, creating swing highs and swing lows. When the price is rising, it creates a series of higher swing lows and higher swing highs. Likewise, when the price is declining, it creates a series of lower swing highs and lower swing lows. An up-trendline is drawn across the rising swing lows, while a down-trendline is drawn across the descending swing highs. In a range-bound market, the line is drawn across both the swing highs and swing lows to delineate the boundaries of the range.
Long
by Crypto-Adda_Official
$CELR Breakout Done $CELR Performed Bullish Symmetrical in 4HR tf What is a Symmetrical Triangle A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or descending triangle. KEY TAKEAWAYS Symmetrical triangles occur when a security's price is consolidating in a way that generates two converging trend lines with similar slopes. The breakout or breakdown targets for a symmetrical triangle is equal to the distance between the initial high and low applied to the breakout or breakdown point. Many traders use symmetrical triangles in conjunction with other forms of technical analysis that act as a confirmation.
Long
by Crypto-Adda_Official
ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH/USDT update from Crypto Sanders. Chart Analysis:- Ethereum (ETH) rebounded from Friday’s drop, making a run back towards the 1,800 level to start the weekend. ETH/USD peaked at 1,796.57 on Saturday, after the price fell to a low of 1,751.44 less than 24 hours ago. This climb means the world’s second-largest cryptocurrency has traded higher for nine of the last ten sessions. this latest rally comes as the 10-day (red) moving average continues its uptrend versus its 25-day (blue) counterpart. the RSI found a floor at 68.00, using it as a springboard to a current reading of 69.94. Bulls will likely make further runs towards 1,800, despite overall price strength being overbought. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH/USDT update from Crypto Sanders. Chart Analysis:- Ethereum (ETH) also edged lower in today’s session, falling below the 1,800 mark in the process. After reaching a high of 1,857.81 on Thursday, ETH/USD dropped to a bottom at 1,764.01 earlier in the day. This decline has seen ETH snap a seven-day bull run, pushing the cryptocurrency away from a multi-month high in the process. The drop coincided with the RSI failing to breach a resistance level of 74.00, and it is now tracking at a reading of 71.13. Traders who are holding onto their long positions may begin to reconsider this, should the index fall below the 70.00 mark. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH/USDT update from Crypto Sanders. Chart Analysis:- ethereum (ETH) was mostly higher, leading prices back above the 1,800 level. ETH/USD peaked at 1,865.10 earlier in today’s session, following a low at 1,781.49 on Wednesday. ethereum rose to its highest level since August when the price hovered below 1,880. The cryptocurrency has now traded in the green for seven straight sessions, adding nearly 20% to its value during this period. the 10-day (red) moving average continued to race ahead of its 25-day (blue) counterpart, which is a sign that momentum remains bullish. the RSI is at 74.90, which could cause current buyers to soon begin to capture gains. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH/USDT update from Crypto Sanders. Chart Analysis:- Ethereum (ETH) retreated below the 1,800 level on Wednesday, snapping a six-day winning streak. Following a high of 1,852.68 during yesterday’s session, ETH/USD fell to a low of 1,758.69 earlier in the day. ETH has since rebounded, marginally, and is now trading at $1,784.57, which is over 3% lower than Tuesday’s peak. sentiment remains largely positive, with the 10-day (red) moving average extending its upward trend versus its 25-day (blue) counterpart. Although the RSI in ethereum is also overbought, and tracking above 70.00, bulls could attempt to push the price above $1,900 in this upcycle. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH/USDT update from Crypto Sanders. Chart Analysis:- Ethereum (ETH) reached 1,800 for the first time in several months, after being the beneficiary of general sentiment around crypto. ETH/USD rallied to an intraday high of 1,845.99 earlier today, a day after trading at a bottom of 1,664.58. ethereum reached its highest point since August 13, when the price was marginally below 1,860. The move saw ethereum climb for a fifth straight session, as the RSI broke out of a resistance at 60.00. ETH is now severely overbought, with the index now tracking at 76.79. Bulls broke a ceiling of 68.00 over the last several hours, however it is unlikely that this will be sustained, as profit takers begin to loom. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
$UNFI Performing Falling wedgeFalling Wedge The falling wedge can either be a reversal or continuation signal. As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next. As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. Unlike the rising wedge, the falling wedge is a bullish chart pattern. In this example, the falling wedge serves as a reversal signal. After a downtrend, the price made lower highs and lower lows. Notice how the falling trend line connecting the highs is steeper than the trend line connecting the lows. If we placed an entry order above that falling trend line connecting the pair’s highs, we would’ve been able to jump in on the strong uptrend and caught some pips! A good upside target would be the height of the wedge formation.
ULong
by Crypto-Adda_Official