Ethereum on the Rise, Poised for a Bullish BreakoutBINANCE:ETHUSDT has been showing strong recovery patterns recently, and the technical indicators align with a potential bullish move in the coming months. On the weekly chart, COINBASE:ETHUSD has reached the bottom of an ascending channel, which historically has acted as a strong support zone. This $2K region is not only a psychological barrier but also a key support level that was previously a resistance. As ETH continues to hold above this zone, a rise toward its all-time high (ATH) becomes increasingly probable.
Recent data suggests that 2024 could witness a broader crypto bull run, driven by Ethereum and other major assets. Analysts are optimistic about increased adoption cycles following 2023’s groundwork. Ethereum could benefit from market-wide positive sentiment as key events like Bitcoin’s upcoming halving and ETF inflows are expected to drive demand for cryptocurrencies.
With the technical alignment and favorable market conditions, ETH is well-positioned to see significant growth, potentially targeting levels near EUROTLX:4K as it continues its rise within the ascending channel. This rally could be bolstered by investor confidence in the broader cryptocurrency market as new financial products and solutions drive further participation.
ETH-D
ETHUSDT: Get Ready for the Next Millionaire-Maker Move!BINANCE:ETHUSDT is setting up for a massive breakout after multiple strong bounces from a key support zone. MARKETSCOM:ETHEREUM is now attempting to break out of a falling wedge pattern, a classic bullish reversal setup that often leads to explosive price movements. A confirmed breakout above the wedge's resistance could signal the start of an unstoppable rally, potentially creating significant profit opportunities. Key levels to watch include the strong support zone where buyers have consistently stepped in and the upper trendline of the falling wedge, which, if broken, could confirm the bullish reversal.
Always manage your risk by using a stop-loss placed below the recent swing low or breakout level to protect against false breakouts. With MARKETSCOM:ETHEREUM 's strong fundamentals and the potential for a technical breakout aligning with positive market sentiment, this could be the move that creates the next wave of crypto millionaires. Stay disciplined, wait for confirmation, and trade responsibly!
BINANCE:ETHUSDT Currently trading at $3265
Buy level: Above $3280
Stop loss: Below $2875
Target : $5000
Max Leverage 3x
Always keep Stop loss
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Potential bearish drop?Ethereum (ETH/USD) is reacting off the pivot which has been identified as a pullback resistance and could drop to the pullback support.
Pivot: 3,288.47
1st Support: 3,031.09
1st Resistance: 3,444.45
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ETH/USDT 8H Interval Chart ReviewHello everyone, let's look at the 8H ETH to USDT chart, in this situation we can see how the price is moving in the downtrend channel, and you can see how we are approaching its upper limit. It is worth observing how the price will behave at this point because an exit on the top and therefore overcoming the first resistance can open the way to further increases.
Let’s start by defining the near-term targets that the price must face:
T1 = $3318
T2 = $3432
Т3 = $3569
Т4 = $3738
Now let’s move on to the stop-loss in case the market continues to fall:
SL1 = $3213
SL2 = $3017
SL3 = $2877
SL4 = $2700
Looking at the MACD indicator, we can see how it is attempting to return to the uptrend, while on the RSI indicator we are back near the mid-range, but there is still room for the price to go higher.
ETH is loading up for another runFor those who remember I had posted a weekly chart many months ago with the following pattern:
my idea was that the first stop would have been last ATH, level where price could have ranged for a while. Despite all the recent criticisms toward ETH I think we're still on track to that target. Yes, ETH is underperforming and there are plenty of better and cheaper solutions out there (example: Solana fees are super cheap compared to ETH) but all this doesn't matter because eventually it'll pump anyway.
As you can see on daily price formed an asymetrical triangle (continuation pattern) and RSI and OBV present bullish DIVs. Squeeze momentum instead presents a bigger bullish DIV. If I'm right the breakout should take the price to the daily R and from there to ATH.
I think it's a good moment to buy ETH, even ebcause if you check ETHBTC you can see it has kinda bottomed and I don't see it deviating much more from that trendline (max -16%) while it has a great upside potential upward:
If BTC top will be from 150 or 170 then that resistance would mean ETH should range between 12.3K to 15K USDT.
Good luck!
P.S.
From a more FA point of view I consider Ethereum's gas fees problem a huge one. Vitalik has had years to fix it and he did literally anything but this giving the green light to the competition. This is the reason why I do not trade on Ethereum blockchain and the reason why I bought SOL and SUI rather than ETH). If Vitalik doesn't harry up it'll be too late for ETH to catch up (not that I care).
$ETH - Is Gearing Up for a MoveCRYPTOCAP:ETH | 4H
We have filled the 50% of its wick at 3k
Glad that we're seeing now an accumulation pattern (first LPS, we've successfully retested the demand)
3.5k is still acting as the local resistance level. However, if we manage to maintain the support at 3k, I'm inclined to believe there's potential for an upward trend.
Could be the start of a run?
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Where Ethereum Stands and The Best Time to BuyEthereum has essentially ranged the last year with large swings up and down. Major support rests at $2770 and upper resistance at $4700 with a current target of at least $13.6k.
While Ethereum has been ranging it's been falling against Bitcoin and like every bull cycle since 2017, Ethereum will be the last to catch up. But that time to buy is now and we can see major volumes have been hitting the Ethereum maket as eth/btc is in the buy zone below 0.031 with a target of 0.09. If bitcoin holds it's current support and runs to $174k in the coming months that puts Ethreum around $15.6k which is very close to my eth/usd target of $13.6k.
Aave market has 88% of all Ethereum on the platform (1.64M eth or $5.1 Billion) loaned out and sold short. There seem to be online wars of people fighting over why eth isn't on par with bitcoin. Ethereum futures has ATH open interest yet lending rates are near zero. These are all major signs of the end of the eth/btc bear market. We should see eth outperform btc this year. There's not much eth left to be sold short. I've never seen such reckless shorting of a crypto currency, but it's all fuel of the run up.
Technical analysis of Btc/Usd pair. Should I PANIC?)A warm welcome to everyone!
A bit of fundamental:
The reason for the markets falling is attributed to the fact that Deepseek, a Chinese company of 200 people and a $6 million budget, created DeepSeek AI without having access to the latest Nvidia chips due to US sanctions.
Today DeepSeek AI overtook ChatGPT in the Chinese AppStore and can now compete with OpenAI, which caused bearish sentiment for the US stock market and Nvidia stock, and the market pulled down. Funny how this happened when most of us were asleep, isn't it?))
My thoughts:
“Gathered liquidity higher, now all that's left is to gather liquidity below ~$100k$”. My words from three days ago. A continuation of the locally bearish momentum all the way down to 95-97k$ is quite possible.
There is strong support there and the upper triangle line, which was previously the strongest resistance. And as we know, the stronger the pattern, the more involved the play will be at this point. I suppose you realize that my current notes are intended for the local trend only. In the medium term, within the framework of the final diagonal triangle, as I wrote earlier, I expect the upward movement to continue.
ETHEREUM Falling Wedge about to break upwards to 3800.Ethereum / ETHUSD is trading inside a Falling Wedge pattern, ranged between its 1day MA50 and MA200.
The very same pattern emerged in March 2024 and after a Triple Bottom it broke to the upside and hit the 0.786 Fibonacci extension.
This is a strong bullish signal. Target 3800.
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Notcoin analysis: the best support area...hello friends
According to the correction of the price, the price is now in an important support range, which by taking into account the stabilization and not breaking of this support, the price can move up to the specified goals, of course, with capital management...
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ETHUSD - Fib Circle IdeaPrice is testing 1.618 in orange for the third time on this fib circle
This is a prime time for a breakout into further circle areas
Its either a breakout or a triple top, which I think the triple top is unlikely in the bullish state of the market right now
Circles should be drawn using the strongest trend line
Daily timeframe
The last bullish chance of ETHEREUM in Mid term!As you can see, the price is forming two bullish patterns on the 4h timeframe, If my view is correct, ETH will rise to $3700 .
And if this pattern is correct and breaks, higher targets are possible.
Give me some energy !!
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
ETHEREUM 1D Update (1D)Note: This analysis is related to the one you see in the "Related Publications" section at the bottom of the page.
Let’s zoom in on Ethereum.
This update shows the structure of wave D from the previous analysis, which appears to be a triangle.
We are currently in wave e of this triangle, which is a diametric.
It seems that the larger wave E will complete soon.
It will either rise from the current area or test the green zone once more before moving upward.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
bitcoin market oulook still stuck in range buy low sell high🔸Hello traders, today let's review 4hour price chart for BTCUSD . we are still
stuck in range since december, range highs at/near 108k, range lows at 90k.
🔸4 hour sell side liquidity defined by OB at 108k, currently trading at 102k,
limited upside going forward expecting pullback to re-test range lows and trigger
fresh buying / fresh OB liquidity near 90k.
🔸Recommended strategy: BUY LOW near liquidity OBs 90k usd, TP bulls is fresh overhead liquidity at/near 108/110K. expecting decent bounce in this market after pullback.
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Ethereum (ETH): 10% Dip Followed By Quick Recovery!Ethereum has dipped and filled the previous target zone of ours, where we had 10% movement.
Now we are looking for another re-test to that same upper resistance and EMAs zone where we are going to look for another point of weakness!
If everything plays out nice, we should get a chance to catch another 10% movement, so all attentions there!!
Ethereum is still undervalued in our opinion so once we see signs of buying volume buildup, this could mean a re-test of ATHs (but not right now).
Swallow Team