BRIEFING Week #20 : ETH Reversed, WTI Next ?!Here's your weekly update ! Brought to you each weekend with years of track-record history..
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ETH-D
19/05/25 Weekly OutlookLast weeks high: $105,46
Last weeks low: $100,751.75
Midpoint: $103,372.10
In my weekly outlook post from last week I mentioned how there was a clear pattern of consolidation with a tight range for a week with a week of expansion that followed, and that if the pattern were to continue we would see BTC consolidate around the weekly high. The theory was proven correct on this occasion with a tight range between weekly high and the 0.75 line, as theorized with only momentary dips below the 0.75 line. Now if the pattern were to continue this week would be expansion week, but for me this time it's slightly different as BTC approaches ATH there is a massive level of resistance just above this weeks weekly high. We've seen an initial early attempt to breakout above weekly high and that attempt has so far failed quite aggressively, which leads me to believe there will be volatility this week as both bulls and bears contest this very important area of the chart.
For the bulls maintaining momentum and breaking into price discovery with acceptance above $109,000 would be incredibly, the headlines will read new ATH, FOMO kicks in and retail follows etc, we know the drill. For the bears the objective is to hold the line and reject weekly high ($106,000) at all costs and print a strong SFP and unfortunately this does seem viable with $97,000 being the target area IMO. RSI on the daily is around the overbought level, combined with key resistance level a pullback would make sense.
For me this week I want to see how ETH and other major alts react to any pullback, do they get bought up with purpose? Is the structure strong to maintain this move or is this a HTF lower high? An interesting week coming up I'm sure.
Good luck this week!
ETHEREUM Massive rejection on the 1W MA50. Will it break?Ethereum (ETHUSD) has seen its strongest 1-month rise in recent times since the April 07 rebound and last week that stopped and got rejected exactly on the 1W MA50 (blue trend-line). This rebound is technically the new Bullish Leg of the multi-year Rising Wedge.
The 1W MA50 turned into a Resistance when it last broke on the week of January 27 2025, so almost 4 months ago. Once it breaks and closes a 1W candle above it, we can continue to expect the bullish trend to continue by at least as much as the rise below it (that happened in late 2024).
Technically for now, if it breaks, the upside is limited by the 4100 Resistance, so that will be our Target in that event.
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HolderStat┆ETHUSD wedge liftoff eyes 3 k sell zoneCRYPTOCAP:ETH blasted out of a multi-month falling wedge, erupting from 1.8 k to 2.7 k in one vertical burst. Price is now hovering above the broken wedge roof and an intersecting long-term trend line at roughly 2.55-2.60 k. If this freshly minted support holds, the pattern’s measured move directs attention to the 2.9-3.1 k sell zone in red. A dip under 2.45 k would simply delay, not negate, the bullish structure while the broader trend stays up-sloping.
ETH/USD Technical AnalysisFenzoFx—Ethereum is retesting last week's low at 2,330 in today's session. A bullish candlestick pattern formed on Sunday after the price touched this support.
Ethereum is now trading around 2,400, showing strength in the London session. The outlook remains bullish above 2,330, with a potential target of 2,588, possibly during the New York session.
Bearish Scenario : A drop below 2,330 would invalidate the bullish view, likely resuming the downtrend toward 2,200.
Falling towards 50% Fibonacci support?Ethereum (ETH/USD) is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 2,102.09
1st Support: 1,669.20
1st Resistance: 2,806.23
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$SPY Daily Chart Taz Plan - May 2025 into June-July Breakdown📉 SPY Daily Chart Trading Plan — May 2025
Thesis:
Price has returned to the exact level ($594.20) where the February impulse breakdown began. This zone is acting as a Lower High rejection within a broader bearish structure. A clean rejection here opens the door to multiple inefficiency fills below.
🔍 Structure Breakdown:
Feb High (ATH): $613.23
Feb Open: $592.67
Feb Close (last green candle before impulse): $594.20
Current Price: $594.20
Marked LH: $592.50
This is a rally back into rejection, not strength.
📉 Key Zones & Gaps:
🔺 Gap Supply: $566.48 – $578.50
🔺 Wick Gap: $558 – $566 → Needs a full-body candle to initiate fill
🟥 FVG (4/22): $528 – $541.52
🧱 Major Support: $481.80
🧠 Trade Plan:
Short Entry 1 (Confirmation-Based):
🔻 Red candle rejection under $592.50 = starter short
🔻 Watch RSI and MACD for momentum fade
Short Entry 2 (Gap Breach):
🔻 If $578 is broken and retested → scale in
🔻 Gap fill expected quickly once triggered
Short Entry 3 (Wick Gap):
🔻 Body close through $558 = last add
🔻 Sets up for final flush to FVG
🎯 Targets:
$578.50 → $566.48 (Gap Fill)
$558 → $541.52 (Wick Gap & FVG Top)
$528 – $530 (FVG Close)
$481.80 (Long-Term Panic Target)
❌ Invalidation:
Daily close > $595.50 = Pause thesis
Weekly close > $600 = Structural shift, short squeeze zone
🧠 Final Thoughts:
This isn’t just a gap fill play — it’s a structural fade from a lower high back into memory. The Feb impulse wave left behind layers of inefficiency, and price just tapped the origin of the breakdown.
Momentum is peaking. If this is a trap, the downside should begin immediately.
Let the chart prove it.
Ethereum: The Bullish Cycle Starts Now!The minimum new 2025 All-Time High for Ethereum is $5,794. The next target sits at ~$8,500.
Ethereum took some time out and used this week to challenge resistance. Resistance was found at 0.5 Fib extension with exactitude, that is, $2,746.
Two supports mainly: 1) $2,424 and 2) $2,026.
The bottom is in and it is really far away. The $2,026 is the 0.236 Fib extension and also the baseline of the rounded bottom pattern.
The correction low sits at $1,383 and Ethereum (ETHUSD) will never ever in its entire history trade at this price ever again. It is gone forever. Right now it is still relatively early but this will be more obvious as the month reaches its end.
Good evening my fellow Cryptocurrency trader, I hope you are having a nice Sunday and the week is about to close.
Ethereum is still early, early in its trading session based on the long-term bullish cycle, and I say this based on market data and the chart. Not my speculative opinion.
This is the biggest exchange in the list, it comes up first.
Exchanges are listed by volume when you look up a pair here on TradingView.
It turns out that trading volume is still low but prices are going up. This is what tells me that it is still early, wave 1. When the action gets going and bullish momentum grows, volume will reach its highest; wave 3. Then the action will continue and will go crazy but volume won't keep up; wave 5.
I say the minimum is $5,794 and this is an easy target. Can go higher, much higher but 5.8K is an easy bet.
Go LONG hold spot trade options do what it takes.
Buy the funds, the ETFs, the actual coins holding or staking it doesn't matter as long as you participate. Even with stablecoins through DYDX or whatever way you prefer. As long as you participate in this awesome market the market will reward you.
Thank you for reading.
Namaste.
Ethereum Short-Term, Bullish Or Bearish?Notice this recent shakeout on the chart, this is a major move and surely removes lots of over leveraged positions. It also traps the bears, a bear-trap.
If this move continued lower it would be bad news but the 1H candle ended with a long lower wick, producing a hammer which is a reversal signal. This candle produced the lowest price since 9-May, 9 days ago, and the current candle is green, this tells us that a shakeout is confirmed.
The bearish move is a failed signal so the next move is up. With a very small bullish continuation, the current candle closing at current price or higher, it is confirmed ETHUSDT to continue rising.
(If the current candle were to close red and lower this would be a bearish confirmation.)
Short-term bullish structure intact. It is normal to see the market shaking before a major move. Remember, Bitcoin is about to close its 6th consecutive week green, the most bullish development of the decade. This affects Ethereum of course and the entire Cryptocurrency market.
Namaste.
LINK/USDT - Long trade LINK / USDT Update 🔔
I couldn’t be more bullish on the LINK trade we’re holding right now.
We’ve got a textbook inverse head and shoulders playing out... neckline broken, perfect retest, and now a bullish engulfing candle confirming the move. Structure couldn’t be cleaner. This is exactly what you want to see after a breakout. Now could be a good idea to add to your position size on the LINK trade.
Holding strong here with eyes on the $18.20 and $19.53 short term targets. As long as price holds above the neckline zone, this setup remains high-conviction.
Big upside potential from here. Let’s ride it. 🔥
SEI breaks the downtrend targets 30cThe SEI network is currently displaying positive price movement after recently breaking out of a downward trend channel that had been in place since the peak on December 5th. On the daily chart, it has been trading sideways within the upper channel, indicating a potential retest of that breakout. However, the momentum isn't particularly strong, especially since Ethereum, the frontrunner in the altcoin resurgence, isn't exhibiting explosive upward movement either.
Should the situation shift and Ethereum regain its leading position, I believe that many struggling smart contract platforms, which have seen their prices plummet by over 80%, could also experience a robust recovery.
If Ethereum manages to climb back into the $2,000+ range, I anticipate that SEI will reach its target on the chart, which is approximately 30 cents.
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ETH/USDTAlt Market on Watch — All Eyes on ETH ⚠️
Despite a strong start to the week, some red flags are starting to show up on the horizon.
The spotlight is on ETH — it’s the key to what’s next for the altcoin market.
In the last update, I shared altcoin levels to work from,
but right now ETH should be your primary reference.
📍 $2400 is a major zone — I’m watching for a reaction there to get aggressive on alt entries.
❌ If that zone doesn’t hold, we’re likely heading down to $2200–2100, possibly even $1900.
No need to overexpose — I’m sitting mostly in cash, waiting for clear signals.
🚫 And most importantly — this is not a short setup (yet).
Let’s wait for the new weekly open before making any big moves.
ETHBTC Is it repeating its first Cycle?I know that the timeframes are not the same but don't tell me that the structure between then and now isn't similar.
The biggest difference is that in 2016 ETHBTC made a deeper low than now, but the current rebound is showing signs that we might have a similar parabolic rise.
Now will that be enough to give a new All Time High?
We will see, but don't tell me that this can't target 0.0900 byu the end of the year.
Follow us, like the idea and leave a comment below!!
BDP. Deep Underrated Value.Market veteran and remains in business - building, researching for five years. The chart is global - weekly and a global downward channel is visible, in which the price can move x50 - amazing. Possible channel breakout will send the price to x360 and capitalization to 500 million, which is not unattainable given the niches in which the project positions itself. Me in game, sirs, prepare.
ADAUSDT IDEAI think chart looks pretty clear now. Red supply area properly laid down. Along with price properly taking buys from demand area in blue with higher lows. So obvious path will be the movement above supply till next supply (red area). Remember the supply is selling area (no retest concept) so strong selling could also originates. so trades are only after breaking out with clear price marching above supply zones.
ETH is still Bullish!!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈This week, ETH has been in a correction phase. However it is still overall bullish long-term trading within the rising channel marked in blue.
Moreover, the green zone is a strong demand and structure.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of structure and lower blue trendline acting non-horizontal support.
📚 As per my trading style:
As #ETH retests the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ETHBTC: Ethereum to gain massively against Bitcoin.Ethereum is overbought on its 1D technical outlook (RSI = 72.854, MACD = 228.230, ADX = 38.542) due to the rebound it initiated last week. Even though it is still on its very early stages, this rebound and statement of its strength is better viewed on the ETHBTC pair against Bitcoin. As you can see, ETHBTC bottomed on a level that it hasn't seen since January 6th 2020. The massive downtrend since 2023 is comparable to the one that started in 2018. Similar bottoms, similar 1W RSI sequences. We expect this rebound to be the main driver all the way to the 7 year Resistance level (R1). Traders of this pair can target 0.0800 on the long term.
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2 possible scenariosEthereum may continue to rise after correction waves. I showed 2 possible scenarios on the chart. If you zoom in a little bit more on the graph you can see the ABCDE waves more clearly. I think at least these waves will be completed.
* The purpose of my graphic drawings is purely educational.
* What i write here is not an investment advice. Please do your own research before investing in any asset.
* Never take my personal opinions as investment advice, you may lose your money.
HolderStat┆ETHUSD wedge catapult toward 3kEthereum price tore out of its multi‑month falling wedge and smaller consolidation triangle, blasting through the mid‑2 k range before pausing around 2.7 k. As long as price respects the former wedge roof as trendline support, bulls retain scope to probe the highlighted 2.8‑3.1 k sell zone. A soft pullback into 2.4‑2.5 k would be viewed as a constructive retest rather than trend failure.