Ethereum (Cryptocurrency)
Key Support Area: Around 3265.0-3321.30
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(ETHUSDT 1D chart)
The key for ETH right now is whether it can get support around 3265.0-3321.30.
If it gets support, ETH is expected to show an upward movement to renew the ATH.
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As I mentioned in this BTC idea, since BTC is expected to show a slight downward sideways movement, I think it is likely to show an upward movement if it gets support at this time.
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If it falls below 3243.80 and shows resistance, it is important to see if it can rise after receiving support near the MS-Signal (M-Signal on the 1D chart).
If not, it can fall to around 2895.47.
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The final buy zone for ETH is around 3644.71, but if possible, it is recommended to buy below 3438.16.
The reason is that if the price starts to rise, it is likely to rise while shaking up and down.
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Have a good time.
Thank you.
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- 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.
That is, 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.
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(LOG chart)
As you can see from the LOG chart, the uptrend 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.
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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, this Fibonacci ratio is expected to be used until 2026.
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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
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ETH to $25K - No Joke - BUY & HODLEthereum is at levels not seen since the Crypto Stone Age.
The Crypto Markets will start BOOMING!
ETH ( ETHUSD , ETHUSDT , ETHEUR ) is getting ready to go Bullish.
When? Early '23.
The Fibonacci Time Zones and Cycles tell me that the 3rd Fibonacci Summation is NOW.
So, I reckon Cryptos are getting ready for something BIG.
I do see a last drop before that though.
From Jan '18 until Dec '18 ETH had a whooping 94% crash.
We're only at 82% from Nov '21 top. So I am waiting with buying interest for a much better level.
I am buying big dips, adding value.
If you look at the Ellipse, Ethereum is doing the same pattern it did on the previous Bear Market.
Hmmm...
I've decided on my best BUY level: $550 .
Technical Analysis:
* Elliott Wave A-B-C Pattern
* Jan '18 - Dec '18 Fractal Sequence
* 88.6% Fibonacci Retracement
* Harmonic Pattern: Bullish Cypher
* Fibonacci Extensions Confluence
* Bullish Divergence
* Demand Zone
What more do you need?
Oh yeah, a much better price. :D
We went to the Moon, now let's go to Mars!
ETH LONG TERM CYCLE TOP At the beginning of bull run especially before alt season nobody believes that kind of expectations. I believe that ETH could see more 15.000$.
Significant Restaking Usage with efficient liquidity. One bank may probably be involved in that.
L2 usages with efficient fluid liquidity. After all, fomo is fomo. If you have missed Bitcoin, buy some ETH!
ETH One Final DropLooking at one final drop to the .618 golden pocket.
Daily - Hidden Bearish divergence RSI/MACD at the 0.886 retracement. RSI looking like it wants to double bottom to form bullish divergence at the ~2100 area. Also a trendline that needs to be retested to better form a massive pennant structure that will ultimately lead ETH to new record highs after this flush.
Possible Top for BTC/ETHI can see a possible top on the BTC vs ETH chart. It has clearly gone up alot and if you combine that with the divergence on the RSI + BTC Dominance about to fall the possibility for this to happen gets stronger!
This means that Ethereum is about to go for a run and if that happens alot of projects based on ETH will have a big rally.
ETHUSDT Bullish Flag Pattern!ETHUSDT Technical analysis update
ETHUSDT is trading inside a bullish flag pattern. The price could touch the flag's support line again, with the 100 EMA acting as strong support at the bottom of the flag before moving higher. A bullish move can be confirmed once the price breaks the flag pattern.
#ETH #ETHEREUM NEW ATH TARGETSConsidering the formation of the Cup and Handle pattern as well as the Elliott wave count, we can expect the formation of an extended wave 5. Therefore, the possible targets for the end of the Ethereum uptrend, which is formed based on the time analysis until September 2025, can be as follows:
TARGET1: 6660
TARGET2: 10500
TARGET3: 18500 (ABOUT 20000$)
ETHUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
ETHUSD buy (Trend, Session and Momentum)Trend:
The intention was pretty clear that buyers are stepping in.
When i saw the PA in the evening (NY session) sellers didn't step-in and no lower low was made. Going into Asia was similar the momentum is also for buyers. Took a buy into Tokyo Session (even though i know i was too early, but i am confident that sellers are nowhere to be found coz of the PA yesterday).
London session:
My thinking of this session is if we pull up in this session NY would be the same.
Momentum:
Sellers are being aped up by the buyers, if you look into the candles every time the price is jacked up sellers momentum is very weak.
Note:
Sorry for my english, it's not my first language. If you're a pinoy come follow me, i'll post my journey here.
SasanSeifi| Bulls in Control with $0.028 and Beyond!!Hey there, ✌ In this analysis, we examine the price movement of BINANCE:RVNUSDT cryptocurrency in the daily timeframe. As observed in the chart, the price of RVN entered a bullish phase from the demand zone at $0.015. After successfully breaking the supply zone and the descending trendline, the price underwent a pullback to the broken level and is now experiencing slight positive fluctuations, currently trading around $0.02468.
Based on the overall market conditions and the daily price trend, the analysis leans towards a more bullish outlook in the medium-term. RVN is expected to rise to around the $0.028 level, followed by a minor correction before continuing its upward movement towards medium-term targets at $0.030, $0.031, and $0.034.
To better understand the ongoing trend, we need to observe how the price reacts to the supply zone. If the price manages to break through this zone, the bullish trend will likely continue with strong momentum. Key support levels in the daily timeframe are currently in the range of $0.022 to $0.020.
💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions!
Happy trading!✌😎
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
Ethereum (ETH) Price Technical Analysis - 2024Ethereum "ETH" candles have rebounded off $2,030 multiple times, which acts as a very strong support line. The ($3,050) mark has also acted as a solid line of support recently. Which has also bounced off back from November 18th and broke above the ($3,225) resistance on November 21st, indicating that the bulls are trying to take charge.
Bulls will retest the ($4,860) zone with momentum once again; if bulls succeed, then ETH will likely see a possible surge to break above the All-Time High of $4,868 going back from 2021.
Another perspective from the chart above will be decided in the near short term if the price turns down and breaks below ($3,000). The price may drop to $2,750, which is an important level for the bulls to defend against the bears.
SasanSeifi|Is PEPE Poised for Another ATH After Corrections?Hey there, In this analysis, we examine the price movement of BINANCE:PEPEUSDT cryptocurrency in the daily timeframe. As shown on the chart, the price started its bullish phase from the $0.000010 range and, after breaking the structural level (BMS) at $0.000012, attracted additional demand. This upward momentum pushed the price beyond its previous all-time high (ATH) of $0.000017, leading to the formation of a new ATH at $0.000025.
Currently, after a significant rally, PEPE has undergone minor corrections. These corrections appeared as a pullback to the previously broken resistance level, with the price showing a positive reaction at $0.000018. Given the current price behavior, it is anticipated that in the medium to long term, PEPE could reach new price targets at $0.000027, $0.000029, and $0.000030.
If the price can maintain the support levels between $0.000018 and $0.000017, the bullish trend is likely to continue, potentially reaching new ATHs.
❌However, given the highly volatile nature of this cryptocurrency and its characteristics as a meme coin, it is advisable to allocate only 1% of your portfolio to this asset.
💡 Keep in mind, this is just my personal perspective and shouldn't be considered as financial advice. I’d love to hear your thoughts and engage in a discussion!
Happy trading!✌😎
Feel free to reach out if you have any questions or need more clarification. I'm always here to assist!✌
If you want any further adjustments, just let me know!
Ethereum Big Profit✨ Exclusive ETH/USD Analysis
📊 In this chart, the classic descending triangle pattern has been broken and it seems that we will see a strong uptrend after retesting the support level.
✅ BUY ZONE: $2,517
🎯 Target 1 (TP1): $6000
🚀 Ethereum has a high potential for growth soon, especially with the confirmation of technical patterns on the daily timeframe. This could be a golden opportunity to enter the market!
💡 What do you think of this analysis? Are we reaching the targets? Write me your comments 👇
#Ethereum #ETHUSD #Technical_Analysis #Crypto
ETHEREUM - Is Now In A Bear Market...This video serves as a lead-up to the next major Bitcoin update.
It’s designed to emphasize that the crypto market has generally been in a bear market since 2018. I say "generally" because the charts show some variation—Ethereum, for instance, only entered its bear market in 2022.
In this video, I’ll explain the "how" and "why" using AriasWave, a method I developed to address the shortcomings of Elliott Wave theory.
Unlike Elliott Wave, AriasWave provides a deeper understanding of the true nature of corrective patterns.