TA: Ethereum Corrects 20%: Why ETH Could Find Strong Support At $1,000<\/title>\n<meta name=\"description\" content=\"Ethereum started a sharp downside correction below $1,200. ETH price is down 20%, but is approaching a crucial support at $1,000 and 100 hourly SMA.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TA: Ethereum Corrects 20%: Why ETH Could Find Strong Support At $1,000\" \/>\n<meta property=\"og:description\" content=\"Ethereum started a sharp downside correction below $1,200. ETH price is down 20%, but is approaching a crucial support at $1,000 and 100 hourly SMA.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-11T04:48:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T14:12:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2021\/01\/shutterstock_415985398.jpg?fit=1000%2C636\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"636\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Aayush Jindal\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@twitter.com\/AayushJs\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aayush Jindal\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/\"},\"author\":{\"name\":\"Aayush Jindal\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70\"},\"headline\":\"TA: Ethereum Corrects 20%: Why ETH Could Find Strong Support At $1,000\",\"datePublished\":\"2021-01-11T04:48:43+00:00\",\"dateModified\":\"2024-06-11T14:12:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/\"},\"wordCount\":385,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2021\/01\/shutterstock_415985398.jpg?fit=1000%2C636\",\"keywords\":[\"ethereum\",\"ethusd\",\"ETHUSDT\"],\"articleSection\":[\"Ethereum\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/\",\"url\":\"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/\",\"name\":\"TA: Ethereum Corrects 20%: Why ETH Could Find Strong Support At $1,000\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2021\/01\/shutterstock_415985398.jpg?fit=1000%2C636\",\"datePublished\":\"2021-01-11T04:48:43+00:00\",\"dateModified\":\"2024-06-11T14:12:38+00:00\",\"description\":\"Ethereum started a sharp downside correction below $1,200. ETH price is down 20%, but is approaching a crucial support at $1,000 and 100 hourly SMA.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2021\/01\/shutterstock_415985398.jpg?fit=1000%2C636\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2021\/01\/shutterstock_415985398.jpg?fit=1000%2C636\",\"width\":1000,\"height\":636,\"caption\":\"Ethereum\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"TA: Ethereum Corrects 20%: Why ETH Could Find Strong Support At $1,000\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70\",\"name\":\"Aayush Jindal\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a4650459bf0ce4ce9ed18195cbf5a02d?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a4650459bf0ce4ce9ed18195cbf5a02d?s=96&d=mm&r=g\",\"caption\":\"Aayush Jindal\"},\"description\":\"Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation. As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/\",\"https:\/\/x.com\/twitter.com\/AayushJs\"],\"url\":\"https:\/\/wncen.com\/author\/aayushjindal\/\"}]}<\/script>\n","yoast_head_json":{"title":"TA: Ethereum Corrects 20%: Why ETH Could Find Strong Support At $1,000","description":"Ethereum started a sharp downside correction below $1,200. ETH price is down 20%, but is approaching a crucial support at $1,000 and 100 hourly SMA.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/","og_locale":"en_US","og_type":"article","og_title":"TA: Ethereum Corrects 20%: Why ETH Could Find Strong Support At $1,000","og_description":"Ethereum started a sharp downside correction below $1,200. ETH price is down 20%, but is approaching a crucial support at $1,000 and 100 hourly SMA.","og_url":"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2021-01-11T04:48:43+00:00","article_modified_time":"2024-06-11T14:12:38+00:00","og_image":[{"width":1000,"height":636,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/01\/shutterstock_415985398.jpg?fit=1000%2C636","type":"image\/jpeg"}],"author":"Aayush Jindal","twitter_card":"summary_large_image","twitter_creator":"@twitter.com\/AayushJs","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Aayush Jindal","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/"},"author":{"name":"Aayush Jindal","@id":"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70"},"headline":"TA: Ethereum Corrects 20%: Why ETH Could Find Strong Support At $1,000","datePublished":"2021-01-11T04:48:43+00:00","dateModified":"2024-06-11T14:12:38+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/"},"wordCount":385,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/01\/shutterstock_415985398.jpg?fit=1000%2C636","keywords":["ethereum","ethusd","ETHUSDT"],"articleSection":["Ethereum"],"inLanguage":"en-US","copyrightYear":"2021","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/","url":"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/","name":"TA: Ethereum Corrects 20%: Why ETH Could Find Strong Support At $1,000","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/01\/shutterstock_415985398.jpg?fit=1000%2C636","datePublished":"2021-01-11T04:48:43+00:00","dateModified":"2024-06-11T14:12:38+00:00","description":"Ethereum started a sharp downside correction below $1,200. ETH price is down 20%, but is approaching a crucial support at $1,000 and 100 hourly SMA.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/01\/shutterstock_415985398.jpg?fit=1000%2C636","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/01\/shutterstock_415985398.jpg?fit=1000%2C636","width":1000,"height":636,"caption":"Ethereum"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"TA: Ethereum Corrects 20%: Why ETH Could Find Strong Support At $1,000"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70","name":"Aayush Jindal","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a4650459bf0ce4ce9ed18195cbf5a02d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a4650459bf0ce4ce9ed18195cbf5a02d?s=96&d=mm&r=g","caption":"Aayush Jindal"},"description":"Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation. As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.","sameAs":["https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/","https:\/\/x.com\/twitter.com\/AayushJs"],"url":"https:\/\/wncen.com\/author\/aayushjindal\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"TA: Ethereum Corrects 20%: Why ETH Could Find Strong Support At $1,000","url":"http:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/01\/shutterstock_415985398.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/01\/shutterstock_415985398.jpg?fit=1000%2C636"},"articleSection":"Ethereum","author":[{"@type":"Person","name":"Aayush Jindal"}],"creator":["Aayush Jindal"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ethereum","ethusd","ethusdt"],"dateCreated":"2021-01-11T04:48:43Z","datePublished":"2021-01-11T04:48:43Z","dateModified":"2024-06-11T14:12:38Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"TA: Ethereum Corrects 20%: Why ETH Could Find Strong Support At $1,000\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/ethereum\\\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/ethereum\\\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2021\\\/01\\\/shutterstock_415985398.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2021\\\/01\\\/shutterstock_415985398.jpg?fit=1000%2C636\"},\"articleSection\":\"Ethereum\",\"author\":[{\"@type\":\"Person\",\"name\":\"Aayush Jindal\"}],\"creator\":[\"Aayush Jindal\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ethereum\",\"ethusd\",\"ethusdt\"],\"dateCreated\":\"2021-01-11T04:48:43Z\",\"datePublished\":\"2021-01-11T04:48:43Z\",\"dateModified\":\"2024-06-11T14:12:38Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/01\/shutterstock_415985398.jpg?fit=1000%2C636","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/454141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=454141"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/454141\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/454143"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=454141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=454141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=454141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}

{"id":454141,"date":"2021-01-11T04:48:43","date_gmt":"2021-01-11T04:48:43","guid":{"rendered":"https:\/\/wncen.com\/?p=454141"},"modified":"2024-06-11T14:12:38","modified_gmt":"2024-06-11T14:12:38","slug":"ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/","title":{"rendered":"TA: Ethereum Corrects 20%: Why ETH Could Find Strong Support At $1,000"},"content":{"rendered":"

Ethereum started a sharp downside correction below $1,200 against the US Dollar. ETH price is down 20%, but is approaching a crucial support at $1,000 and the 100 hourly simple moving average.<\/em><\/p>\n

\n
Ethereum failed to stay above the $1,200 support and declined heavily below $1,150.<\/li>\n
The price is down 20%, and it is approaching the $1,000 support and the 100 hourly simple moving average.<\/li>\n
There was a break below a major ascending channel with support near $1,250 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair is likely to find a strong support near the $1,000 zone and the 100 hourly SMA.<\/li>\n<\/ul>\n
Ethereum Price Corrects Sharply<\/h2>\n
In the past two sessions, there was a strong downside correction in bitcoin<\/a> and Ethereum below $38,000 and $1,100. ETH price failed to stay above the $1,200 support and declined heavily below $1,150.<\/p>\n
There was a strong bearish wave after there was a close below the $1,200 level. More importantly, there was a break below a major ascending channel with support near $1,250 on the hourly chart of ETH\/USD.<\/p>\n
The pair even broke the 50% Fib retracement level of the key upward move from the $890 swing low to $1,351 high. Ether price is down 20%, and it is approaching the $1,000 support and the 100 hourly simple moving average<\/a>.<\/p>\n
$\"Ethereum$ <\/a><\/p>\n
Source: ETHUSD on TradingView.com<\/a><\/pre>\n
The 76.4% Fib retracement level of the key upward move from the $890 swing low to $1,351 high is also near the $1,000 level to act as a strong support. The 100 hourly simple moving average is also near the $1,000 zone to act as a strong support in the near term.<\/p>\n
If ether price fails to stay above the $1,000 support and the 100 hourly simple moving average, there a risk of a drop towards the $900 support level in the coming sessions.<\/p>\n
Fresh Increase in ETH?<\/h2>\n
If ethereum stays above the $1,000 support and the 100 hourly simple moving average, it could start a fresh increase. An initial resistance on the upside is near the $1,180 level.<\/p>\n
The first key resistance is near the $1,200 level. A close above the $1,200 level may possibly push ether price back into a positive zone. In the stated case, it could revisit the $1,300 level.<\/p>\n
Technical Indicators<\/p>\n
Hourly MACD \u2013 <\/strong>The MACD for ETH\/USD is gaining pace in the bearish zone.<\/p>\n
Hourly RSI – <\/strong>The RSI for ETH\/USD is currently below the 50 level, with a bearish angle.<\/p>\n
Major Support Level \u2013 $1,000<\/p>\n
Major Resistance Level \u2013 $1,200<\/p>\n","protected":false},"excerpt":{"rendered":"
Ethereum started a sharp downside correction below $1,200 against the US Dollar. ETH price is down 20%, but is approaching a crucial support at $1,000 and the 100 hourly simple moving average. Ethereum failed to stay above the $1,200 support and declined heavily below $1,150. The price is down 20%, and it is approaching the $1,000 support and the 100 hourly simple moving average. There was a break below a major ascending channel with support near $1,250 on the hourly chart of ETH\/USD (data feed via Kraken). The pair is likely to find a strong support near the $1,000 zone and the 100 hourly SMA. Ethereum Price Corrects Sharply In the past two sessions, there was a strong downside correction in bitcoin and Ethereum below $38,000 and $1,100. ETH price failed to stay above the $1,200 support and declined heavily below $1,150. There was a strong bearish wave after there was a close below the $1,200 level. More importantly, there was a break below a major ascending channel with support near $1,250 on the hourly chart of ETH\/USD. The pair even broke the 50% Fib retracement level of the key upward move from the $890 swing low to $1,351 high. Ether price is down 20%, and it is approaching the $1,000 support and the 100 hourly simple moving average. Source: ETHUSD on TradingView.com The 76.4% Fib retracement level of the key upward move from the $890 swing low to $1,351 high is also near the $1,000 level to act as a strong support. The 100 hourly simple moving average is also near the $1,000 zone to act as a strong support in the near term. If ether price fails to stay above the $1,000 support and the 100 hourly simple moving average, there a risk of a drop towards the $900 support level in the coming sessions. Fresh Increase in ETH? If ethereum stays above the $1,000 support and the 100 hourly simple moving average, it could start a fresh increase. An initial resistance on the upside is near the $1,180 level. The first key resistance is near the $1,200 level. A close above the $1,200 level may possibly push ether price back into a positive zone. In the stated case, it could revisit the $1,300 level. Technical Indicators Hourly MACD \u2013 The MACD for ETH\/USD is gaining pace in the bearish zone. Hourly RSI – The RSI for ETH\/USD is currently below the 50 level, with a bearish angle. Major Support Level \u2013 $1,000 Major Resistance Level \u2013 $1,200<\/p>\n","protected":false},"author":67,"featured_media":454143,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[13625],"tags":[1946,8686,78803],"class_list":["post-454141","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-ethereum","tag-ethusd","tag-ethusdt"],"acf":[],"yoast_head":"\nTA: Ethereum Corrects 20%: Why ETH Could Find Strong Support At $1,000<\/title>\n<meta name=\"description\" content=\"Ethereum started a sharp downside correction below $1,200. ETH price is down 20%, but is approaching a crucial support at $1,000 and 100 hourly SMA.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TA: Ethereum Corrects 20%: Why ETH Could Find Strong Support At $1,000\" \/>\n<meta property=\"og:description\" content=\"Ethereum started a sharp downside correction below $1,200. ETH price is down 20%, but is approaching a crucial support at $1,000 and 100 hourly SMA.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-11T04:48:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T14:12:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2021\/01\/shutterstock_415985398.jpg?fit=1000%2C636\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"636\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Aayush Jindal\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@twitter.com\/AayushJs\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aayush Jindal\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/\"},\"author\":{\"name\":\"Aayush Jindal\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70\"},\"headline\":\"TA: Ethereum Corrects 20%: Why ETH Could Find Strong Support At $1,000\",\"datePublished\":\"2021-01-11T04:48:43+00:00\",\"dateModified\":\"2024-06-11T14:12:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/\"},\"wordCount\":385,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2021\/01\/shutterstock_415985398.jpg?fit=1000%2C636\",\"keywords\":[\"ethereum\",\"ethusd\",\"ETHUSDT\"],\"articleSection\":[\"Ethereum\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/\",\"url\":\"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/\",\"name\":\"TA: Ethereum Corrects 20%: Why ETH Could Find Strong Support At $1,000\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2021\/01\/shutterstock_415985398.jpg?fit=1000%2C636\",\"datePublished\":\"2021-01-11T04:48:43+00:00\",\"dateModified\":\"2024-06-11T14:12:38+00:00\",\"description\":\"Ethereum started a sharp downside correction below $1,200. ETH price is down 20%, but is approaching a crucial support at $1,000 and 100 hourly SMA.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2021\/01\/shutterstock_415985398.jpg?fit=1000%2C636\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2021\/01\/shutterstock_415985398.jpg?fit=1000%2C636\",\"width\":1000,\"height\":636,\"caption\":\"Ethereum\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"TA: Ethereum Corrects 20%: Why ETH Could Find Strong Support At $1,000\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70\",\"name\":\"Aayush Jindal\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a4650459bf0ce4ce9ed18195cbf5a02d?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a4650459bf0ce4ce9ed18195cbf5a02d?s=96&d=mm&r=g\",\"caption\":\"Aayush Jindal\"},\"description\":\"Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation. As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/\",\"https:\/\/x.com\/twitter.com\/AayushJs\"],\"url\":\"https:\/\/wncen.com\/author\/aayushjindal\/\"}]}<\/script>\n","yoast_head_json":{"title":"TA: Ethereum Corrects 20%: Why ETH Could Find Strong Support At $1,000","description":"Ethereum started a sharp downside correction below $1,200. ETH price is down 20%, but is approaching a crucial support at $1,000 and 100 hourly SMA.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/","og_locale":"en_US","og_type":"article","og_title":"TA: Ethereum Corrects 20%: Why ETH Could Find Strong Support At $1,000","og_description":"Ethereum started a sharp downside correction below $1,200. ETH price is down 20%, but is approaching a crucial support at $1,000 and 100 hourly SMA.","og_url":"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2021-01-11T04:48:43+00:00","article_modified_time":"2024-06-11T14:12:38+00:00","og_image":[{"width":1000,"height":636,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/01\/shutterstock_415985398.jpg?fit=1000%2C636","type":"image\/jpeg"}],"author":"Aayush Jindal","twitter_card":"summary_large_image","twitter_creator":"@twitter.com\/AayushJs","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Aayush Jindal","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/"},"author":{"name":"Aayush Jindal","@id":"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70"},"headline":"TA: Ethereum Corrects 20%: Why ETH Could Find Strong Support At $1,000","datePublished":"2021-01-11T04:48:43+00:00","dateModified":"2024-06-11T14:12:38+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/"},"wordCount":385,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/01\/shutterstock_415985398.jpg?fit=1000%2C636","keywords":["ethereum","ethusd","ETHUSDT"],"articleSection":["Ethereum"],"inLanguage":"en-US","copyrightYear":"2021","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/","url":"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/","name":"TA: Ethereum Corrects 20%: Why ETH Could Find Strong Support At $1,000","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/01\/shutterstock_415985398.jpg?fit=1000%2C636","datePublished":"2021-01-11T04:48:43+00:00","dateModified":"2024-06-11T14:12:38+00:00","description":"Ethereum started a sharp downside correction below $1,200. ETH price is down 20%, but is approaching a crucial support at $1,000 and 100 hourly SMA.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/01\/shutterstock_415985398.jpg?fit=1000%2C636","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/01\/shutterstock_415985398.jpg?fit=1000%2C636","width":1000,"height":636,"caption":"Ethereum"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"TA: Ethereum Corrects 20%: Why ETH Could Find Strong Support At $1,000"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70","name":"Aayush Jindal","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a4650459bf0ce4ce9ed18195cbf5a02d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a4650459bf0ce4ce9ed18195cbf5a02d?s=96&d=mm&r=g","caption":"Aayush Jindal"},"description":"Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation. As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.","sameAs":["https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/","https:\/\/x.com\/twitter.com\/AayushJs"],"url":"https:\/\/wncen.com\/author\/aayushjindal\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"TA: Ethereum Corrects 20%: Why ETH Could Find Strong Support At $1,000","url":"http:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/ethereum\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/01\/shutterstock_415985398.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/01\/shutterstock_415985398.jpg?fit=1000%2C636"},"articleSection":"Ethereum","author":[{"@type":"Person","name":"Aayush Jindal"}],"creator":["Aayush Jindal"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ethereum","ethusd","ethusdt"],"dateCreated":"2021-01-11T04:48:43Z","datePublished":"2021-01-11T04:48:43Z","dateModified":"2024-06-11T14:12:38Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"TA: Ethereum Corrects 20%: Why ETH Could Find Strong Support At $1,000\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/ethereum\\\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/ethereum\\\/ta-ethereum-corrects-20-why-eth-could-find-strong-support-at-1000\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2021\\\/01\\\/shutterstock_415985398.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2021\\\/01\\\/shutterstock_415985398.jpg?fit=1000%2C636\"},\"articleSection\":\"Ethereum\",\"author\":[{\"@type\":\"Person\",\"name\":\"Aayush Jindal\"}],\"creator\":[\"Aayush Jindal\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ethereum\",\"ethusd\",\"ethusdt\"],\"dateCreated\":\"2021-01-11T04:48:43Z\",\"datePublished\":\"2021-01-11T04:48:43Z\",\"dateModified\":\"2024-06-11T14:12:38Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/01\/shutterstock_415985398.jpg?fit=1000%2C636","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/454141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=454141"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/454141\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/454143"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=454141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=454141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=454141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}