D-ETH
Ethereum 1d by RB🧐
Hello, dear friends! Today, let's take a look at the Ethereum/Dollar chart!💥
On February 25th, the last line of the descending trend was broken upwards, as indicated by the blue circle - that's serves as an excellent signal for further growth.
The question now is when to expect a correction? And how deep will it be?🧐
The next strong resistance levels are 3590 - 3980! Reaching these levels, the price may start a correction for further growth. The depth of the correction will depend on further price formations, so I will update the chart accordingly!
Thanks for Your attention.
Stay tuned!🫶
Sincerely Yours, Kateryna💙💛
ANKRUSDT → Traders are gearing up for a rally. Breakout 0.05BINANCE:ANKRUSDT breaks the resistance of the symmetrical triangle, which generally determines medium-term perspectives for us. The coin may move to the realization phase after consolidation
The potential of the coin is quite large, the market has been saving energy for two years and with the breakout of 0.0476, then 0.05885 it can move into a strong rally phase. There are already bullish prerequisites on D1. A breakout of the range resistance and a retest of 0.0478 is forming. Watch the price reaction, as a correction may follow before a further resistance breakout, but a quick retest will increase the chances of a breakout.
Support levels: 0.04528, 0.0425
Resistance levels: 0.0478, 0.051
I expect that a small correction will quickly end, after which traders will again move to attack the resistance at 0.0478 with the aim of breaking it. Consolidation above the level will be a good sign for growth.
Regards R. Linda!
The last bullish chance of Ethereum in Mid term!Hi.
BINANCE:ETHUSDT
Today, I want to analyze ETH for you in a 1D time frame so that we can have a MID-term view of ETH regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
➡️ETH has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which ETH is in, Is a Bullish Flag Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens, we Can Expect a Bullish Movement as much as the Measured Price movement (flag pole) to happen!
✅ Due to the Ascending structure of the chart...
🟢 ETH has been Bullish Recently!
🟢REEGULAR BULLISH Divergence
🟢ETH is in a Bullish Flag
🟢(AB=CD)
🟢Price is gonna Reach $4100
✨Targets are:
🎯$3390
🎯$0.3500
🎯$0.62
🎯$0.3750
🎯$0.4100
Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
ETHUSD bullish movement is about to happen!!!Hi.
BINANCE:ETHUSDT
Today, I want to analyze ETH for you in a 12H time frame so that we can have a MID-term view of ETH regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
➡️ETH has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which ETH is in, Is a Bullish Flag Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens, we Can Expect a Bullish Movement as much as the Measured Price movement (flag pole) to happen!
✅ Due to the Ascending structure of the chart...
🟢 ETH has been Bullish Recently!
🟢REEGULAR BULLISH Divergence
🟢ETH is in a Bullish Flag
🟢(AB=CD)
🟢Price is gonna Reach $4100
✨Targets are:
🎯$3390
🎯$3500
🎯$3750
🎯$4100
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
ETH Trade : Potential Upside with Imminent Spot ETF ApprovalThis week, ETH made a significant upward move, driven by expectations of an imminent ETH spot ETF approval. ETH is now attempting to break through the top of its range support, indicating potential for further upside.
Trade Details:
Entry: If the $3,700 level holds as support for the next few days, enter a long spot trade.
Take Profit:
First target: $4,100 - $4,350
Next resistance: $4,700 - $4,900
Stop Loss: Just below $3,600
Conclusion:
This is a strategic entry point with promising upside potential if the $3,700 support level holds. Manage risk with a stop loss just below $3,600 and watch for resistance levels to take profits. #ETH #CryptoTrading #TechnicalAnalysis
🔥 AVAX End Of Accumulation, Bulls Rejoice!After a month of trading below the diagonal purple resistance line, AVAX has finally broken out. The break out was accompanied with high volume, further reinforcing the bullish narrative.
My expectation is that there's going to be some kind of altseason in the coming weeks, boosted by Ethereum's ETF optimism.
For now, the signal on chart is my bet.
ETHEREUM Will an ETF approval cause a massive rally?Exactly a month ago (April 22, see chart below), we called for Ethereum's (ETHUSD) bottom and gave a medium-term buy signal:
With the SEC facing deadlines on May 23 and May 24 to decide on spot Ethereum ETF applications by Vaneck and Ark Invest, we might be in front of a massive rally. Even from a technical point of view, the historic Cycle performance of Ethereum suggests that currently we might be getting off a similar consolidation to August - October 2020.
Observe how the 1W RSI is making a bullish reversal after having pulled-back from a marginal Channel Up break-out. At the same time, the 1W LMACD is about to make the exact same Bullish Cross it did on the week of November 09 2020, when again it started to break above that consolidation.
What followed these events back then was a massive rally that peaked marginally above the 1.5 Fibonacci extension level. As a result, we remain bullish long-term, expecting a strong rise until the end of the year, targeting $12000 (Fibonacci 1.5 ext).
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📈Ethereum: Awaiting ETF Approval📣🔍Let's dive into today's analysis. Today's focus is on ETH, which recently experienced a 28% pump in anticipation of the potential approval of an Ethereum ETF. As I mentioned in my previous analysis, breaking the $2964 level was crucial, and it provided a strong trigger for opening a position, leading to a 28% gain with a high risk-to-reward ratio.
📰Today, the final decision regarding the ETF is expected to be announced. If approved, Ethereum could see another pump, potentially surpassing the $4063 level and aiming for its all-time high (ATH) around $4600. However, if the ETF is not approved, Ethereum is likely to dump, possibly losing the $2880 support level amid market fear and excitement, which would be bad news for ETH holders. Personally, I believe the ETF is more likely to be approved, leading to another pump in Ethereum's chart.
🔔The announcement is just a few hours away. If you believe the ETF will be approved, I suggest moving to lower timeframes, finding a trigger based on your strategy, and opening a long position. Conversely, if you think the ETF will not be approved, you can apply the same approach for a short position.
📈Ignoring the ETF news and focusing purely on technicals, the RSI is significantly overbought, reaching as high as 89. This indicates high market excitement, and the RSI is now starting to come down but hasn't exited the overbought territory yet. There is a high probability of range-bound movement until the price meets the SMA25, potentially forming a box near $3798. After the SMA25 convergence, we might see renewed momentum. If the price breaks $3798 sooner, it would be even better as the resistance would be broken with more bullish momentum, allowing the price to move up more smoothly and with fewer candles.
🚀For long position targets, consider the $4063 resistance as the first target. If this resistance is surpassed, the next target would be the $4600 ATH.
📉For shorts, as long as the volume of red candles continues to decrease, I wouldn't consider shorting. To short, wait for the SMA25 to reach the candles, and if the bottom of the box breaks with increased selling volume, you could enter a risky short position. Given this would be against the primary market momentum, you should take profits quickly.
💣The main short position to watch for a complete trend reversal would be the break of the $2880 support level.
📝In conclusion, Ethereum is at a critical juncture with the potential ETF approval news imminent. If approved, we could see significant bullish movement towards and beyond $4063, aiming for the ATH around $4600. On the other hand, if not approved, Ethereum might experience a notable drop, potentially losing the $2880 support. From a technical perspective, watch the RSI and SMA25 interactions closely, and plan your trades based on the key levels and volume confirmations mentioned above. Always stay informed and be ready to adjust your strategy based on market developments.
IRISUSDT 1W LONG📈Hi all. Timeframe 1 week. IRISUSDT, after a 95% drop, is in an ascending channel with increased volumes. Now there is a rebound from the support of the channel. I am considering spot from the current ones, with the goal of 100% to the nearest border of the internal channel, with the prospect of further growth. Marked goals and levels on the chart.
Ethereum to Lead The Alt Season!Hi guys,
Related to my recent analysis on ETH/BTC, we could very likely see ETH/USD(T) making some big moves, which is already starting to do. This would be very bullish for alt coins as Ethereum leads the alt market.
Check out my analysis in the video to see how I break things down using ICT's Concepts in a very simple and easy way to determine bias and narrative. This works in Forex, Commodities, and of course, Crypto.
Happy trading!
- R2F
Alikze »» ONE | Wave 3 or C bullish scenarioAccording to the previous analysis, the currency of Harmony One reached its target. Currently, it is in the microwaves of rising wave 3, which can increase this wave to 0.063. to continue But in the higher time, it is expected that the started wave will return at least 100% of its previous wave to the area of $3.27. But in short-term goals, the specified supply areas can be considered as profit limits.
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$ETH Up 20% as Odds of Exchange Traded Fund (ETF) Approval High Ether (ETH) has surged 20% to over $3,829 as favorable regulatory developments increase the likelihood of ETF approval. CoinDesk 20, tracking the largest digital assets, rose nearly 8% amid positive regulatory progress on Ether ETFs. The Securities and Exchange Commission (SEC) has made abrupt progress in the approval of a Ether ETF by asking exchanges to update 19b-4 filings for ether ETFs. This suggests potential progress toward spot Ether ETF approvals.
As a result of this significant development, the ether implied volatility curve flattened as 25-delta risk reversals hit YTD highs above 18%, and traders heavily bought $4000 calls for 24 May 2024 and 31 May, according to Presto Research analysts. A Polymarket contract asking if an ether ETF would be approved by May 31 jumped from 10 cents to 55 cents, representing a 55% chance that approval will take place by May 31. Another Polymarket contract asking if the ETF will be approved by June 30 is currently trading at 68%.
A decision on VanEck's proposed ether ETF is due on May 23, followed by Ark's on May 24. Fidelity has filed an amended S-1 application with the United States Securities and Exchange Commission (SEC) for its spot Ether exchange-traded fund (ETF). The asset management giant has reportedly filed an updated S-1 application, stating that the ETF’s underlying Ether ( CRYPTOCAP:ETH $3,755) tokens will not be staked. S-1 filings are the SEC’s required registration form for launching publicly traded securities products in the United States.
The next SEC deadline is May 23 for VanEck’s Ether ETF proposal. While senior Bloomberg ETF analyst Eric Balchunas has increased the odds of approval to 75% from 25%, this only applies to the 19b-4 form. Ether ETF issuers will also need to get their S-1 filings approved, according to Bloomberg ETF analyst James Seyffart.
Staked Ether could be classified as a security despite CRYPTOCAP:ETH ETF approval. The SEC has previously sought to classify Ether as a security, and Ethereum’s upgrade to proof-of-stake (PoS) may have given the regulator another reason. However, the securities watchdog may still classify staked Ether as a security, according to Alex Thorn, the head of research at Galaxy Research.
Technical Outlook
Ethereum ( CRYPTOCAP:ETH ) is up 4% as of the time of writing at $3,809 per coin. With a Bullish Relative Strength Index (RSI) of 72.93 Ethereum ( CRYPTOCAP:ETH ) is set for a mega rally, the daily price chart depicts a "Bullish Flag Pattern" accentuating the thesis.
Furthermore, the Long Bullish "Harami" candlestick on the daily price chart likewise validates the bullish thesis.