ETHUSD - Weekly Forecast - Technical Analysis & Trading IdeasMidterm forecast:
While the price is above the support 2726.71, resumption of uptrend is expected.
We make sure when the resistance at 4100.00 breaks.
If the support at 2726.71 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
The Falling Wedge taking shape and as a bullish pattern suggests we will soon see another leg higher if price breaks and closes above downtrend.
A trough is formed in daily chart at 2908.80 on 01/13/2025, so more gains to resistance(s) 3508.51, 3695.27 and maximum to Major Resistance (4100.00) is expected.
Take Profits:
3695.27
4100.00
4500.00
4868.00
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Ethereum (Cryptocurrency)
Ethereum - We Will See This Breakout!Ethereum ( CRYPTO:ETHUSD ) is ready to catch up:
Click chart above to see the detailed analysis👆🏻
For the past couple of months, Ethereum has been retesting the previous all time high resistance and was actually not able to break it. However, following the rising channel pattern, the bullish break and retest and price action, the breakout is about to happen.
Levels to watch: $4.000
Keep your long term vision,
Philip (BasicTrading)
SOLANA +38%: UNDERVALUED BLOCKCHAIN GIANT OR TEMPORARY HYPE?SOLANA COINBASE:SOLUSD +38%: UNDERVALUED BLOCKCHAIN GIANT OR TEMPORARY HYPE?
When trading volumes explode by 38%, you either strap in for a rocket ride or brace for impact. 🚀🤯 Let’s see what’s driving Solana’s surge!
BRIEF INTRO / KEY STAT
Solana’s trading volumes skyrocketed 38% this week—bolstered by a massive $26.7B in DEX activity. 🎉📈
RECENT PERFORMANCE & SIGNIFICANCE
New memecoins on TRADENATION:SOLANA have turned heads, fueling liquidity and buzz. When fun tokens meet fast tech, sparks (and sometimes fireworks) fly! 🤪🔥
EARNINGS SNAPSHOT & EXPANSION PLANS
While it’s not a stock, Solana’s “earnings” come from network adoption. Dev interest is up, and more projects flock to its low-fee, high-speed ecosystem. 🏗️💡
VALUATION & PEERS
Compared to Ethereum, Solana is still smaller in market cap. But with breakneck transactions and cheaper fees, is it truly undervalued—or just another crypto craze? 🤔💸
RISK FACTORS
Volatility: Crypto roller coasters can make you dizzy. 🎢
Regulatory Pressure: Watch for potential DeFi crackdowns. ⚖️
Network Outages: Past hiccups hurt confidence. ⚠️
FUTURE OUTLOOK
Could Solana dethrone Ethereum during the next bull run?
Yes! It’s got the speed. 🚀
No way, too many outages. ❌
Vote below and let’s see where you stand!
ETH/BTC I didn’t anticipate the green box to hit when we began reversing on November 18th, but here we are—it’s a strong reversal zone. If this level doesn’t hold, 28/29 is likely next.
I haven’t seen the strength I expected, even with WLFI (Trump's World Liberty Financial) aggressively buying ETH.
but it's now or never so I except a quick reversal from next week.
Head and Shoulders pattern on the 4-H, for DXY US Dollar IndexTVC:DXY This chart shows a clear Head and Shoulders pattern on the 4-hour time frame for DXY (US Dollar Index), which is a bearish reversal pattern. Here's a short analysis:
Key Levels:
The neckline is at approximately 108.000, acting as a crucial support zone.
A breakdown below the neckline would signal further bearish momentum.
Pattern Confirmation:
Wait for a breakout below the neckline, followed by a possible retest, to confirm the pattern.
Bearish Target:
The measured move from the head to the neckline can be projected downward, aligning with the next key support levels around 107.000–106.500.
Invalidation Zone:
If price breaks above the right shoulder high (around 108.800–109.000), the bearish scenario could be invalidated.
Would you like to explore specific trade setups based on this pattern?
Here’s how you can structure trade setups based on the Head and Shoulders pattern visible in the chart:
1. Bearish Setup (Breakout Strategy)
Entry: Enter a short position after a confirmed breakout below the neckline (108.000). Wait for a strong bearish candle close below this level.
Stop Loss: Place the stop loss above the right shoulder high at 108.800–109.000, depending on your risk tolerance.
Take Profit Targets:
1st target: 107.500 (psychological level and near-term support).
2nd target: 107.000 (projected move based on pattern).
3rd target: 106.500 (long-term support zone).
ETHEREUM // short ideaThe correction is still valid, and this is a risky bet, but if the price breaks below this M15 breakout significantly, the market my revisit the recent valley.
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Orange lines represent impulse bases on major timeframes, signaling the direction and validity of the prevailing trend by acting as key levels where significant momentum originated.
Level colors:
Daily - blue
Weekly - purple
Monthly - magenta
H4 - aqua
Long trigger - green
Short trigger - red
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Stay grounded, stay present. 🏄🏼♂️
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#ETH/USDT Ready to launch upwards#ETH
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 3200
We have a downtrend on the RSI indicator that is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 3325
First target 3410
Second target 3530
Third target 3650
HTF SOLETH bullish thesis has strengthened. Flippening possibleWe previously made a medium time frame analysis on SOLETH and predicted a reversal of SOL v ETH
we have successfully reached those targets and now have reassessed.
Based on the metrics, technicals, not even mentioning a variety of onchain indicators and whale accumulation we believe SOL is going to continue on its upward movement against ETH.
Charts don't lie. We used to be very bullish and supportive of ETH and charts looked promising (see prior analyses), but ETH is now definitely in weak bullish mode at best or neutral mode at worst, while SOL is in a strong bullish mode.
Based on fib and some other indicators we can expect SOL to outperform ETH by 2.5-3x this cycle.
We are now convinced that the flippening long-awaited by the Ethereum community is bound to happen this cycle. However, not the way they wanted. Instead of ETH flipping BTC, it seems ETH will be flipped by SOL.
Position yourself accordingly.
ETH Pattern | SOL | All Time High for ETH in SIGHTSolana has recently made a new ATH - and, surprisingly BEFORE Ethereum.
This cycle shows to be different than the previous alt cycle, where ETH leaded SOL.
Currently, what we're seeing in the weekly timeframe is a clear bullish pattern on Ethereum - the bullish inverses Head and Shoulders Pattern.
It's likely that the liquidity from SOL may move into ETH, together with other alts in the TOP 10 category by market cap. This means, that top10 alts may drop - and ETH sees an increase towards a new ATH.
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BINANCE:ETHUSDT BINANCE:SOLUSDT
AAVE - DeFi leader
As I have stated in my previous analysis AAVE is one of the leaders in DeFi sector, and stays quite underpriced still. Just as I predicted, it reached my target and now I think it will go for .618 Fib. After that in theory there also will be a correction.
But if you look at Solana chart, it has gained a lot of attraction in this cycle and has made a new ATH. I think AAVE will be one of the few Altcoins which have the required potential to make new ATH also. Let's hope and monitor
ETH BTC broke down the multi-cycle support trendline on HTFWe previously expected a reversal on multiple occasions, unsuccessfully each time. Last major prediction is visible in the chart (blurred). There were two major lines of support for ETHBTC, it broke the first one, then it bounced off the multi-cycle support line and we predicted the bottom at that stage and went long.
Unfortunately, that bounce was both short-lived and weak and ultimately it reversed all the bounce and broke down BELOW the multi-cycle support line for ETHBTC.
We will not be shorting this, but the long-time frame for ETHBTC is now in the bearish mode.
Potential key levels to watch are marked below.
Target: $3800. Local review of the pair Eth/Usd 19.01.25Good evening, dear friends!
Local review of eth/usd pair from 19.01.25:
On ether I don't see any prerequisites for working from a short. The price is currently moving inside the local “triangle”, compressing the spring. The main volume level is marked in yellow color. If it is broken and, in case there is no excessive supply of sellers ~3500$, I expect the up-trend to continue on aggressive purchases to the price range of 3750-3850$.
The second scenario, unlikely:
Breaking through the lower accumulation boundary and going beyond $3072. This would indicate the strength of sellers and lack of sufficient buyer demand. That is where we should have a stop-loss on the position.
Translated with DeepL.com (free version)
ETH 50% BOOM📈 Overall Trend: The chart indicates significant fluctuations in the price of Diaocesan against the US Dollar. The price started at around 5400 units and has gradually decreased over time.
🛡️ Support and Resistance Levels:
Support Level: The price has reached around 2140 units at several points, which can be considered a support level.
Resistance Level: The price reached around 5400 units at the beginning of the period (April 2024), which can be considered the main resistance level.
📉 Recent Fluctuations: In recent months, the price of Diaocesan has been declining, reaching around 2140 units. This decrease may indicate strong selling pressure or reduced demand for this currency.
🔮 Forecast:
Given the recent downward trend and price decline, we may see this trend continue in the short term. However, if the price reaches a strong support level, we might witness a price rebound or stabilization. Traders should look for signs of a trend reversal or a breakdown of the support level to make their trading decisions.
📊 This analysis is based on the information available in the image, and for more accurate decision-making, further examination and the use of technical and fundamental analysis tools are recommended. 🛠️📉📈
ETH/USDT 4H: Patience is Key as Market Finds Direction
ETH/USDT 4H Chart Analysis
Current Market Condition:
Bearish bias, trading at $3240 with declining momentum.
Smart Money Analysis:
Selling Pressure: Lower highs indicate institutional distribution.
FVG: $3400 acting as strong resistance.
Liquidity Pools: Below $3200 likely targeted next.
Key Levels:
Resistance: $3400, $3500
Support: $3200, $3000
Weekly Low: $2900 (major support).
Technical Indicators:
Hidden bearish divergence on RSI.
Money flow suggests ongoing distribution.
Trade Setup (Confidence: 6/10):
No immediate entry recommended.
Shorts: Enter if price breaks below $3200 with volume.
Longs: Only consider if $3300 is reclaimed with strong volume confirmation.
Recommendation:
Patience is key.
Market makers are likely accumulating at lower levels while trapping retail in premature longs.
Wait for a clear break of the range to confirm direction before taking a position.
Confidence Level: 6/10 for cautious trading in current conditions.
Ethereum's expected movement!BINANCE:ETHUSDT
Ethereum is in a falling wedge, meaning the price will decrease for now but start of a bullish movement shall happen soon.
⚠️ Disclaimer:
This is not financial advice. Always manage your risks and trade responsibly.
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Ethereum (ETH/USD): Critical Pullback Phase Before a Major RallyEthereum (ETH/USD): Critical Pullback Phase Before a Major Rally
Ethereum is currently navigating an important pullback phase, where it needs to retest and establish solid support levels to prepare for the next significant upward move. A key area to watch is the $2,800 level, which serves as both a psychological and technical pivot.
Current Phase: Retesting Support at $2,800
Support Hunt: ETH is seeking to confirm support around the $2,800 zone. Successfully rejecting this level as a floor will signal that the pullback is nearing completion.
Key Resistance Turned Support: Establishing $2,800 as a base is crucial for building the foundation for the next rally.
Bullish Outlook: Rally to $6,400 by Mid-2025
Timeline: After rejecting the $2,800 level, Ethereum is positioned to begin a major rally.
Target Range: ETH could surge from $2,800 to $6,400 by July–August 2025, marking a substantial upward trajectory.
Market Dynamics: This rally could be fueled by improving macroeconomic conditions, broader crypto market strength, and increasing Ethereum adoption in decentralized applications (dApps) and institutional use cases.
Key Levels to Watch:
Support: $2,800 (critical for maintaining bullish structure).
Resistance: $3,500 (initial barrier), $6,400 (potential rally target).
Summary:
Ethereum is in a pivotal pullback phase, with $2,800 emerging as the level to hold. A successful rejection of this zone as support could ignite a powerful rally, propelling ETH toward $6,400 by mid-2025. This setup underscores the importance of the current consolidation period in defining Ethereum’s next major bullish leg.
eth ath, unpopular opinionthe amount of hate eth is getting same time every cycle and focus turned to solana and meme coins, eth and utility plays will soon perform very well. same thing happens every cycle eth is slow then all of a sudden it just pumps and alt season is here.
the left chart is the monthly which is getting ready to breakout, and the right side is the 2week inverse h/s .chart both charts look good, just because its moving slow as it always does doesn't mean its bearish, the monthly 21 average is holding just find and the 2 week 21 average is perfectly intact. a lot of confluence here be ready for an eth rally and alt season very soon. utility plays on eth will be low risk high reward then the casino on solana with high risk high reward.
eth will break to new all time highs.
#Bitcoin $BTCUSD The Wedge dilemma.CRYPTO:BTCUSD Key Levels:
1. 109k
2. 150k
3. 85k
4. 75k
CRYPTO:BTCUSD is currently trying to break a historical, old and respectful channel's upper wedge. Technically speaking, this wedge is a very significant level where it has been tested 5 times so far "illustrated on the chart". The last 2 attempts have shown that the wedge is still valid.
Scenario A:
Euphoria and institutions buying pressure will keep the price trading close enough to the wedge until it breaks out where it unlocks a new uncharted zone extended to the next psychological mark 150k.
Scenario B:
Price falls back to the nearest visible and massive demand zone around the 75k mark.
I lean on a correction to the closest demand zone around the 75k mark.
Corrections:
It is worth noting that every time the price tests this wedge it causes a significant correction. "Check the illustrated table on the chart".
Conclusion:
Closing above 116k unlocks an uncharted zone to 150k
Trading below the historical wedge will lead eventually to a retest of the 75k price level.
#BTC #BITCOIN #CRYPTO #ANALYSIS #AHMEDMESBAH #SUPPLYANDDEMAND #BLOCKCHAIN #ETHEREUM