ETH
Breaking: $DELAY Set for 100% Surge After Days of Consolidation$DELAY, the first memecoin-focused Layer 2 blockchain built on Ethereum, is making waves with a potential 100% price surge. After a week-long correction, the token’s chart patterns and technical indicators point to a bullish breakout, making it a key player in the crypto market.
Technical Outlook
Since its launch on November 14, 2024, $DELAY has experienced an incredible 30,000% increase, showcasing its immense potential. However, after hitting its peak, the token underwent a correction phase. Now, technical indicators suggest a strong bullish setup:
- Symmetrical Triangle Pattern: On the 2-hour chart, $DELAY exhibits a bullish symmetrical triangle pattern, indicating a potential upward breakout.
- Relative Strength Index (RSI): Currently at 47, the RSI provides ample room for upward momentum, reinforcing the bullish thesis.
- Key Support and Resistance Levels: Immediate support lies at $0.000000380, with resistance at the 38.2% Fibonacci retracement level, marking critical zones for traders to watch.
- Trading Volume: The daily trading volume of $DELAY stands at $83,609.69, a 4.10% increase over the past 24 hours, signaling renewed market interest.
Why $DELAY Stands Out
$DELAY isn’t just another token; it’s an innovative Layer 2 solution tailored for the memecoin market. Built on Ethereum, it combines speed, security, and accessibility to revolutionize trading. Here’s what makes $DELAY unique:
- Fast and Cost-Effective: With transaction fees below $0.001 and up to 50,000 transactions per second (TPS), $DELAY ensures seamless trading experiences.
- AI-Driven Security: Advanced AI algorithms detect bots and snipers, offering users informed investment decisions while mitigating scam risks.
- Fiat On-Ramp: Users can purchase memecoins directly with credit cards, bridging the gap between traditional finance and blockchain.
- Telegram Mini-App Integration: With over 1 billion users on Telegram, $DELAY’s mini-app aims to onboard a massive audience to its platform.
Market Performance
-All-Time High: $0.000002382 (recorded on November 28, 2024), currently 73.56% lower.
- All-Time Low: $0.0000004278 (recorded on November 15, 2024), currently 47.19% higher.
- Market Capitalization: $3,020,725, ranking #2877 on CoinGecko with 4.8 trillion tokens in circulation.
Why $DELAY is Poised for Growth
The consolidation phase and the current technical setup create an ideal environment for a bullish breakout. As the first memecoin-focused Layer 2 blockchain, $DELAY is positioned to capitalize on the growing demand for innovative, secure, and user-friendly crypto solutions. Its AI-driven approach, low transaction costs, and unique integrations make it a standout in the Ethereum ecosystem.
Conclusion
$DELAY’s blend of strong technical signals and groundbreaking fundamentals positions it as a top contender for traders and investors. With the potential for a 100% surge, $DELAY is not just a token but a glimpse into the future of memecoin trading. As always, conduct thorough research and monitor market trends to make informed decisions.
Stay updated on $DELAY’s progress and explore its platform to be part of this revolutionary journey.
ETH ANALYSIS (4H)ETH is currently in a pullback within its internal structure and remains bearish in its substructure.
The liquidity above the chart has been swept, and a significant order block has been cleared. After this cleanup, the price is now attempting to move toward lower zones, feeding on strong order blocks. If the liquidity pool aligns in the opposite direction, it may sweep that as well.
It is expected that Ethereum might bounce back upwards from the Support 1 level or after a liquidity hunt around that area.
Targets are marked on the chart. If it consolidates above the red zone, Ethereum could turn bullish. Let's analyze it step by step.
Closing a daily candle below the invalidation level will invalidate this analysis.
invalidation level:2978
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
ETH/USDT - Chart Analysis. Descending Triangle Formation: ETH is consolidating within the descending triangle pattern. The downward-sloping trendline represents resistance, while the flat support at the base provides a crucial level to watch.
Current Price: Trading at $3,368.63, ETH is near the lower boundary of the triangle.
$3,400 – $3,450: Immediate resistance area. A breakout above the descending trendline would indicate bullish momentum.
$3,800 – $4,000: A breakout confirmation target range.
$3,200 – $3,250: Crucial support area. A breakdown below this level could invalidate bullish scenarios and lead to further declines.
21 EMA (black): $3,387 – Providing short-term resistance.
50 EMA (red): $3,562 – Acting as dynamic resistance, a breakout above this would signal renewed bullish momentum.
ETH moving above $3,450 (descending trendline) could lead to a rally towards $4,000 – $4,400 with significant volume.
The green arrow shows this potential uptrend.
Let me know if you’d like further assistance or adjustments!
DYOR. NFA
Next Volatility Period:Around January 22nd - Around January 25th
Hello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
-------------------------------------
(ETHUSDT 1D chart)
It broke through the important support and resistance area of 3265.0-3321.30.
The key is whether it can receive support at the 3438.16 point in order to turn into a short-term uptrend.
It did not touch the M-Signal indicator on the 1M chart, but it touched and rose near 2895.47, so if the price fails to maintain above 3438.16 this time, it is likely to fall below the M-Signal indicator on the 1M chart.
Therefore, the point of interest is which direction it deviates from the 3265.0-3438.16 section.
If it shows a short-term uptrend, the 3831.12-3996.22 section is likely to act as resistance.
This is because the 3831.12-3996.22 section corresponds to the high point boundary section.
-
Thank you for reading to the end.
I hope you have a successful trade.
--------------------------------------------------
- Big picture
I used TradingView's INDEX chart to check the entire section of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been maintaining an uptrend following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend.
Accordingly, the uptrend is expected to continue until 2025.
-
(LOG chart)
Looking at the LOG chart, you can see that the upward trend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we expect that we will not see prices below 44K-48K in the future.
-
The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
In other words, it is the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, it is expected that this Fibonacci ratio will be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
How to view and respond to this is up to you.
When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance.
This is because the user must directly select the important selection points required to create Fibonacci.
Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies.
1st : 44234.54
2nd : 61383.23
3rd : 89126.41
101875.70-106275.10 (Overshooting)
4th : 134018.28
151166.97-157451.83 (Overshooting)
5th : 178910.15
-----------------
ETHUSDT: Balancing at the Edge of Momentum - A Key Moment?Ethereum is holding the line at $3223.29, a remarkable 21.6% dip from its historic high of $4111.26 just a month ago. While the RSI hovers at a balanced 54.14, hinting at neither extreme overbought nor oversold conditions, the market stands at a crossroads. The 50-day Moving Average ($3162.63) supports the current price, but the 200-day Moving Average looms above at $3281.81, underscoring potential upward resistance.
A recent sequence of VSA manipulation patterns has pointed toward intense selling pressure, adding complexity to Ethereum’s near-term trajectory. Yet, amidst this technical tug-of-war, the fundamental backdrop remains pivotal—global economic concerns and investor sentiment around interest rate hikes could be the catalysts for Ethereum’s next major move. Will ETH surge to reclaim the $3339.24 resistance level, or could this be the start of a deeper retracement?
Traders, are you ready for the challenge? The clock ticks on Ethereum’s decisive moment. Let’s dive deeper and navigate this potential breakout—or breakdown—together!
Roadmap of Ethereum Patterns: Turning Points in Price History
Let’s break down the sequence of Ethereum patterns, highlighting only those that successfully hit their triggers and followed their forecasted main directions. This roadmap dives into the real action, showing traders and investors how these patterns shaped Ethereum’s recent market moves.
1. January 13, 12:00 UTC: VSA Buy Pattern Extra 1st - The Spark Ignites
This pattern marked the start of a strong upward move. The price opened at $3055.18 and closed slightly lower at $3045.18 but held within the bullish trigger zone. The main direction was clear: Buy. Following this, the price made a confirmed move above the trigger point and climbed further over the next three bars. The bulls were in control, as forecasted.
2. January 13, 14:00 UTC: Sell Volumes Max - Bearish Pressure Builds
The sell volumes surged, signaling potential downward pressure. Price action confirmed this bearish sentiment as Ethereum fell from $3058.53 to $3033.22. The main direction, Sell, played out perfectly, setting the stage for the next critical level. Bears were roaring, and the market listened.
3. January 13, 18:00 UTC: VSA Buy Pattern Extra 2nd - A Bullish Comeback
Ethereum rebounded with this pattern, opening at $3018.99 and closing at $3006.29. Although the price dipped initially, the bullish main direction held firm, leading to a bounce. The pattern accurately predicted the upward momentum that followed as Ethereum retested higher levels over the next six bars.
4. January 14, 00:00 UTC: VSA Manipulation Sell Pattern 1st - A Pivot Moment
This pattern predicted a significant sell-off, and Ethereum didn’t disappoint. Starting at $3136.39 and closing at $3133.03, the price broke below the critical low of $2985.01, confirming the bearish trigger. The next few bars saw Ethereum sliding further, validating this as a pivotal moment for sellers.
5. January 15, 00:00 UTC: VSA Sell Pattern 1 - Final Bearish Push
The latest pattern in the sequence delivered another bearish confirmation. Ethereum opened at $3224.18 and closed at $3220.41, staying within the bearish direction. The move aligned perfectly with its trigger, proving its predictive accuracy as Ethereum continued lower into subsequent sessions.
Takeaway for Traders and Investors
This roadmap highlights how these VSA patterns played a critical role in identifying Ethereum’s turning points. Each successful pattern not only confirmed its direction but also gave traders clear levels to act on. By understanding and leveraging these patterns, you can stay ahead of the market’s twists and turns.
Technical & Price Action Analysis: Key Levels to Watch
Here’s the ultimate cheat sheet for Ethereum’s current technical setup. These levels are where the action happens—support zones where buyers might step in and resistance levels that could cap any rally. If these levels don’t hold, flip the script: they’ll likely act as the next hurdles on the price’s journey. Let’s get tactical.
Support Levels
2985.01: This level has been tested multiple times and remains a strong foothold. A break below, and we’re looking at trouble.
3124.14: A critical mid-level to watch during pullbacks. If lost, sellers could gain full control.
3193.21: Buyers are eyeing this area for a potential bounce. Weak hands could turn this into resistance fast.
Resistance Levels
3339.24: Key overhead resistance; bulls need to break and hold above this for continuation.
3440.51: The next line of defense for bears.
3656.32: A major barrier to new highs. Watch for a breakout test.
Powerful Support Levels
3891.38: This is the safety net—the final level that could catch any deep dive. Losing this, and we’re swimming in uncharted waters.
Powerful Resistance Levels
2397.87: A fortress above the current price. Any test here could be met with serious sell pressure.
2029.05: Another heavy ceiling. Bulls must stay strong to clear this.
1833.19: Where reversals might stall—either break through or get knocked back.
1628.42: Sellers have fortified this zone.
1539.07: The ultimate boss level—expect big reactions if tested.
Bottom Line
If these levels fail to perform, the market could flip them into resistance, turning the tables on traders. Stay sharp, watch the reactions, and let price action do the talking!
Concept of Rays: Strategies for Trading Fibonacci Rays
The "Rays from the Beginning of Movement" concept is a proprietary analysis method based on dynamic levels constructed from Fibonacci principles. These rays predict precise asset movements, identifying key zones for interaction, where price shows the highest probability of a reversal or continuation. Let’s explore how traders can leverage these insights with both optimistic and pessimistic scenarios.
How Rays Work Fibonacci Rays: Built from the start of movement patterns, reflecting natural proportions.
Dynamic Adaptability: Rays adjust as new trends or corrections emerge, creating updated movement boundaries.
Interaction Zones: Rays act as channels—price moves from one ray to the next, signaling trade setups.
Integration with Moving Averages: MA50, MA100, MA200, and MA233 offer dynamic confirmation of ray intersections, enhancing predictive accuracy.
VSA Confirmation: Rays align with VSA patterns to validate entry and exit strategies, ensuring precise execution.
Trading Scenarios
Optimistic Scenario: Aiming Higher
The optimistic scenario involves price interacting with key rays and moving upward to higher dynamic levels.
Entry: Near $3193.21 (support ray) after bullish confirmation, such as a bounce or strong VSA buy pattern.
Target 1: $3339.24 (next Fibonacci ray and MA233 intersection).
Target 2: $3440.51 (continuation with dynamic momentum).
Target 3: $3656.32 (final major resistance in this range).
Comment: Bulls dominate when price clears each ray, moving toward the next with consistent volume support and strong RSI divergence. Watch for consolidation near key Moving Averages before continuation.
Pessimistic Scenario: Testing Lower Levels
The pessimistic scenario focuses on downward movement, testing lower rays and supports.
Entry: Near $3339.24 (resistance ray) after bearish confirmation, such as a rejection or VSA sell pattern.
Target 1: $3193.21 (next Fibonacci ray and MA50 support).
Target 2: $3124.14 (continuation to the lower dynamic boundary).
Target 3: $2985.01 (final key support before a significant breakdown).
Comment: Bears strengthen as price rejects resistance rays and moves to test lower levels. A break of MA50 signals further downside potential. Monitor volume spikes for a reversal signal.
Potential Trade Opportunities Long at $3193.21 with targets at $3339.24 and $3440.51: Ideal for optimistic traders betting on a bullish breakout.
Short at $3339.24 with targets at $3193.21 and $3124.14: Leverage bearish rejection for downside momentum.
Scalp between rays: Use intraday movements, such as bounces at $3124.14 or rejections at $3440.51, for short-term gains.
Trend-following entries: Align trades with MA direction, e.g., buy when price crosses above MA100 or sell when crossing below MA50.
Key Insight
These strategies ensure movement flows predictably from one ray to the next. Each interaction marks an actionable trade setup. Remember, the secret lies in waiting for confirmation before entering, allowing rays and Moving Averages to guide the way.
Let’s Keep the Conversation Going!
Got questions? Drop them in the comments! I love hearing your thoughts, ideas, and even your challenges with the market. Let’s make this a space to learn, grow, and trade smarter together.
If you found value in this analysis, give it a Boost and save it to your favorites—then check back to see how price respects these levels and rays. Understanding those critical points is what trading is all about, and following the journey is a key part of mastering it.
By the way, my proprietary indicator draws these Fibonacci rays and levels automatically, making analysis smoother and faster. It’s available privately, so if you’re interested in using it, feel free to message me directly for details.
Need an analysis of a specific asset? I’m open to requests! Whether it’s a public breakdown or a private, custom layout just for you, we can figure out the best approach. Remember, these rays work across all assets—yes, all. Whatever your focus, I can map out the key levels for you.
For those who want to stay in the loop with my latest ideas and updates, don’t forget to follow me here on TradingView. That’s where all the action happens, and I’d love for you to be part of it.
So, hit that Boost, share your thoughts in the comments, and let’s trade smarter—together!
The market's energy is fueling a new wave of growth!Yesterday was a significant moment for the crypto market. 🌐 We received clear confirmation of the emergence of a new wave of growth. The upward flow of energy confirmed the intention of buyers, and the result of the day consolidated the volumes and showed the readiness to move to new heights. 📈
🎯 Key levels of support and resumption of growth:
- 3525 is the level where a local suspension of movement is possible to accumulate energy.
- 3443 is a zone that can become a key support and a starting point for the resumption of upward movement.
🔍 Chart analysis:
On the daily timeframe, we can see how the price is organically forming a base for continued growth. Yesterday brought progress with a clear buyer's volume, which supports the upward trend. The energy flow is now focused on forming new support points for further upward movement. 🔥
⚡️ What to expect next?
A new wave of growth is already gaining strength, and the buyer is showing stability in intentions. Keep an eye on the situation and the price reaction at key levels. Be prepared for further opportunities that the market opens up! 🌟
Ethereum is getting ready for a bull run !Ethereum appears to be forming a large triangle, with its wave D recently completed.
We expect a trend reversal from the green zone, leading to a move toward $5,400 and $9,000.
Closing a daily candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SPY Mid week analysis 1/14/25SPY - Monthly reversal is now being negated as we moved back above the monthly 2-2d trigger at Prev Month Low. We are also now failed 2D coming back through previous week range. The daily went 2-2 rev, but closed failed 2u as we made higher highs, but closed red near mid range of the day. The question for tomorrow is do we continue pushing back through last weeks range to expand the BF created by the 3 from last week, or do we take the failed 2u - 2D reversal, reconfirm the Monthly reversal down as well as the weekly 3-2D. We have a 3-1 setup on the 4HR as well as an inside bar 60 which is what I will be watching going into open tomorrow assuming no gap up or down. Should be an exciting rest of the week as we look to see if bears can reclaim control on the W and M, or if Bulls are setting up for a recovery back to ATH.
Levels to watch: Current 60 inside bar High and Low, Current 4HR bar high and low, Prev month low, 585.96 for upside which is the 2-2U rev target we did not get to today, but may compound 2Us tomorrow to get to if the bull scenario is playing out.
BTC | FRACTAL | Fractal that leads to new ETH ATHBitcoin has been trading stable around 95K, a good indication that the bull run still has some more cards to play for altcoins.
Ethereum, Doge and SOL for example have not yet made new all time high's, indicating that the bullish cycle is far from over.
There's a saying that leads something like "it's not over until someone sings" - well, in this case, the bullish cycle is not over until Ethereum makes a new ATH.
___________________
BINANCE:BTCUSDT
eth sell setup"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
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ETH/USDT Chart Update:ETH/USDT Chart Update:
Ethereum is trading within a descending triangle on smaller timeframes, a structure often associated with bearish continuation. However, it could also signal accumulation if support holds.
Immediate support lies between $3,100 – $3,050, where buyers are attempting to prevent further declines.
Near-term resistance aligns at $3,200, followed by the upper boundary of the descending triangle near $3,300.
A breakout above $3,300 could trigger a rally towards $3,400 – $3,500, which would invalidate the bearish structure.
A break below the $3,050 level could see ETH retesting the psychological level of $3,000 or deeper support zones.
Volume and momentum indicators should be monitored closely to confirm any breakout or breakdown. Low-volume breakouts may lack sustainability.
Wait for a decisive move beyond the triangle pattern before entering. Bullish bias above $3,300; bearish continuation below $3,050.
This update shows the short-term dynamics and important levels for ETH/USDT in the upcoming sessions.
Let me know if you’d like further assistance or adjustments!
DYOR. NFA
$ETH is ready to move to the upside.CRYPTOCAP:ETH has been in a consolidation phase since December 16. This period was accompanied by a bearish divergence that appears to have played out. Now, CRYPTOCAP:ETH seems poised to pump again on the daily timeframe.
The correction was moderate, with a decline of -21%.
Several resistance and support levels are marked with my green lines. My refill box at $2900 was not reached, but the bottom at $3100 was successfully touched.
It looks like it's time to long $ETH. Resistance levels are at $3700, $3800, and $4000 on the way up.
Let’s see how it performs.
DYOR!
Important support and resistance zone: 3265.0-3321.30
Hello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
-------------------------------------
(ETHUSDT 1D chart)
It fell below the M-Signal indicator on the 1W chart while falling from the important support and resistance zone.
Accordingly, the key is whether it can rise to the vicinity of 3265.0-3321.30 and receive support.
If it fails to rise, it is expected to eventually touch the M-Signal indicator on the 1M chart.
-
(30m chart)
As I mentioned in the BTC analysis, the key is whether the price can be maintained by rising above the M-Signal indicator on the 1D chart.
In other words, the key is whether the price can be maintained by rising above 3438.16.
Several indicators are passing near the important support and resistance zone of 3265.0-3321.30.
Therefore, we can see that it is an important zone.
If it fails to rise above 3265.0-3321.30, it is expected to touch the M-Signal indicator on the 1M chart.
Therefore, the point to watch is whether it can receive support and rise from the current price position (around 3136.41).
-
Thank you for reading to the end.
I hope you have a successful trade.
--------------------------------------------------
- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend.
Accordingly, the upward trend is expected to continue until 2025.
-
(LOG chart)
Looking at the LOG chart, you can see that the upward trend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, I expect that we will not see prices below 44K-48K in the future.
-
The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
That is, the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to it.
Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role.
The reason is that the user must directly select the important selection points required to create the Fibonacci.
Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
-----------------
ETHUSD - I still believe (on the H&S pattern)While I'm not an hyper fan of H&S pattern but this one forming is already so beautiful that I want it to happens to illustrate my futures arguments,
saw a lot of ppl talk about h&s pattern the past days on BTC, the leg would have started on November and bring us to 80k, something like this. Not a pro but I learnt that the pattern has to be kinda well drawn to be called an H&S, forming proper top and lows with proper neckline, and be well timed.
that is/was absolutely not the case for BTC and that why I remain bullish for now (yes, I risk it a bit saying that here and now)
even in the case where BTC goes under 90k, we can't call this an H&S, by respect of all the real H&S out there. That's also why most of the times it looks like ppl fail using this pattern, they use it on everything
BUT in this case for ETH this looking really juicy atm, I don"t have specific target for now I dont think eth will pass above 12K for this year but lets see
Cheers, have a good day
Going long on EthereumBINANCE:ETHUSDT
Ethereum has declined to a critical 61.8% retracement level, and even grab liquidity below previous area of support, RSI is near oversold levels. Previous up move is in a 5-wave move, while current decline is in a 3-wave move.
Going long here, not a recommendation, with stop below the 78.6% FIBO retracement, and target at all-time high.
Good luck to you
ETH Under 3k: Gift or Curse? The Last Chance to Buy? Didn’t expect to see BINANCE:ETHUSDT back under 3k.
I’m taking some bids here and will place more below 2850 in case there’s a stronger flush this week.
There’s still a chance we see low 80ks on BTC, as I’ve been expecting, especially with the downtrend active on the 3-day chart.
I still believe this is an opportunity to build position plays, as mid to late Q1 could bring a move.
I’m accumulating patiently and expecting CRYPTOCAP:ETH to be above 6k by Q2.