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Ethusdcrypto

Ethereum to break supportAs in Bitcoin's case, bulls don't have reasons to be happy at all... After the recent drop under 3k, Eth started to correct, but this rally was short-lived and very well capped at 3.4k. A double top has formed here and now we are sitting exactly on the neckline's support. A break here looks imminent and the cryptocurrency can accelerate losses to 3k again Also, a continuation to the downside will confirm that a lower high is in place and EthUsd can drop to very important 2750 support Sell rallies can be a winning strategy for this crypto and only price above 3400 would negate this scenario.
BITSTAMP:ETHUSDShort
by Mihai_Iacob
6
ETHUSDT, We should buy in these zoneHello everybody According to the chart and previous analysis, the trend of the movement price is upward and we are in correction but the market do the trader bored and this is exactly the market maker want to happen that the trader sell the portfolio of the coin and get out of the market. Be consicious guys dont sell your asset in these price and hold it the market can change this bored trend to attractive. The all of the market it depends to the Federal Reserve decision for the rate and after that they tell us what gonna do we can decision and market will do the exactly right way. In here we shown 2 buy zone area that the price can come and reach to them and after that it can be ready to move upwards from these zone. You can buy step by step in these zone and be careful guys dont panic sell and the important point is if the price break the key point level powerfully and can close candle below this level we should be worry that time because the trend can change to the downward and this one its not good for the market until there time everything is okey and there is no need to worry. Good Luck Abtin Previous analysis :
Long
by Abtin00
ETHUSDSpeculative nervousness remains rather loud within the cryptocurrency landscape. ETH/USD has been fighting for higher value, but headwinds continue to incrementally lower resistance levels in the short term. Technically, ETH/USD appears to be within a slow moving bearish trend, but traders should not be fooled by charts into believing volatility has disappeared. ETH/USD traded at a high of nearly 3888.00 yesterday, this before declining again and falling to around 3755.00. Reversals remain a strong theme with ETH/USD. While brief movements upwards are being demonstrated, the cryptocurrency seemingly has found it difficult to break resistance levels which can change behavioral sentiment in a strong manner. Major counterparts of Ethereum are also finding it difficult to gain traction higher in recent trading. The inability of ETH/USD to sustain a solid move upwards continues to indicate additional bearish momentum will be experienced. On the 3rd of January, ETH/USD did fall to nearly 3675.00, but a bounce higher was certainly produced which resulted in yesterday’s apex. An intriguing sign within ETH/USD is that the cryptocurrency has struggled to maintain value over the 3900.00 juncture in the past week of trading. On the 27th of December ETH/USD was around the 4125.00 vicinity when a violent selloff took place. On the 28th of December, ETH/USD struggled around the 3900.00 range, but then suffered another selloff which saw its value fall to a low of nearly 3775.00 on that day. Since then ETH/USD has actually produced a price range which has been lower. Lows testing the 3610.00 level have been produced a couple of times since the 29th of December. While the low of ‘only’ 3685.00 was made on the 3rd of January, it is troubling that ETH/USD remains within sight of depths which were last sincerely traded in October of 2021. Current resistance should be watched around the 3840.00 level. If this nearby barrier higher remains durable it could cause further nervousness and spark aggressive selling positions. ETH/USD has the ability to be volatile. Spikes can certainly take place which serve as a strong counterpunch. Conservative speculators who want to sell ETH/USD should use stop loss orders to protect against the potential of sudden bursts higher. However, short-term traders may be making the correct wager by looking to sell ETH/USD and aiming for support levels as take profit targets. If ETH/USD falls below 3800.00 and sustains values below, the cryptocurrency could traverse lower and test depths seen only a couple of days ago. Ethereum Short-Term Outlook Current Resistance: 3856.00 Current Support: 3771.00 High Target: 3902.00 Low Target: 3645.00
BITSTAMP:ETHUSDShort
by SmoothJB