Ethereum Breaks Out of Descending Channel–But Is It Sustainable?Hello guys.
Ethereum (ETH/USDT) has recently broken out of a well-defined descending channel on the 12H timeframe, suggesting a short-term shift in momentum. However, traders should remain cautious, as price action still faces significant resistance ahead.
🔍Technical points:
Descending Channel Structure: ETH has been trending downward since early February 2025, forming a clean descending channel with lower highs and lower lows.
Fake Breakout & Reversal: Earlier in April, the price dipped below the lower boundary of the channel in what now appears to be a fake breakdown, quickly recovering back inside.
Confirmed Breakout: Recently, ETH managed to close above the midline of the channel, breaking above short-term resistance near $1,640. This confirms a bullish breakout, at least in the short term.
Next Key Resistance Zone: The price is now targeting the $1,850–$2,050 area — a strong supply zone and previous structural level. If ETH fails to break through this zone, we may see another leg down inside the broader downtrend.
Short-Term Projection:
Bullish Path: A possible continuation toward the upper channel edge near $1,900–$2,000.
Bearish Rejection: If sellers defend that zone, ETH could resume its downward trend, potentially revisiting $1,500 or even lower.
Ethereum (Cryptocurrency)
Altcoins, Crypto is different since institutions came inHow long have we been saying this? Yet the masses have not grasped this concept. Neother have influencers. But that makes sense because they need clicks to survive. People tend to "graze" where pasture seems greener, even if it isn't.
CRYPTOCAP:TOTAL 3 = NO CRYPTOCAP:BTC or CRYPTOCAP:ETH
Altcoins have been in a steady incline since Nov 23.
Daily
The last 2 consolidation phases lasted AROUND 6 months, depending on where you begin the consolidation phase.
Weekly
Not important going further as Crypto landscape has changed & the back data is irrelevant. However, let's be nosey & see how it looks in comparison.
Bullish bounce off 50% Fibonacci support?Ethereum (ETH/USD) is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 1,671.81
1st Support: 1,547.72
1st Resistance: 1,829.87
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ETH - New ATH Approaching?Bitcoin has been full of surprises over the past few days, and this will most definitely affect Ethereum as well - which has not made a previous ATH when BTC did , a point we should not be forgetting.
This would also bring about the beginning of a new ALTSEASON.
But before we get too excited about all of the above - let's first see if Bitcoin can continue to CLOSE daily candles above the key support zone, as pointed out in the video.
_______________
BINANCE:ETHUSDT
BINANCE:BTCUSDT
ETHUSD Will Go Up From Support! Long!
Take a look at our analysis for ETHUSD.
Time Frame: 8h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 1,754.52.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1,966.56 level soon.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
Ethereum (ETH/USD) Elliott Wave Macro Analysis – Wave (3) Has BeCOINBASE:ETHUSD
🔵 Macro Count Overview
Ethereum has been unfolding a clean macro impulsive structure since the 2021 high and 2022 low:
November 2021: Major Wave ① top
June 2022: Bear market bottom, forming Wave ②
From there, we began a new impulsive cycle with a clear internal structure:
→ 1-2-3-4-5, which completed Wave (1) in December 2024
🟢 Recent Developments – The Foundation for Wave (3)
Over the last few weeks, Ethereum has formed a textbook Wave (2) bottom.
The correction respected the Fibonacci retracement zones perfectly and provided a strong base.
We’ve already seen a clean breakout to the upside, signaling that Wave (3) may now be underway.
🟨 What’s Next – Building Wave (3)
We are now likely in the early stages of Wave (3), which is expected to unfold in a yellow internal 1-2-3-4-5 structure.
This sequence will drive the price into significantly higher zones, confirming the start of a powerful bullish leg.
🎯 Target Zone for Wave (3):
$6,600 – $7,200
Based on Fibonacci extensions of the prior impulse (Wave 1)
Potential for higher extensions if momentum and volume align
Psychological resistance may act as short-term hurdles, but structure points higher
✅ Conclusion
Ethereum has completed its macro Wave (2) correction and is now gearing up for an extended Wave (3). With a breakout already underway, the internal structure points to a 5-wave advance likely aiming for $6,600–$7,200 or higher. As long as recent lows hold, this scenario remains firmly in play.
BTC - Is there anything that can stop this bullrun?The current 4H structure presents a high-probability scenario centered around a classic liquidity sweep into premium levels, followed by potential downside rebalancing into inefficiencies. This is a clear case of price reaching for external liquidity before internal structure takes over.
---
1. Liquidity Run Above BSLs
Price has aggressively pushed upward, sweeping multiple Buy Side Liquidity (BSL) levels. These levels mark resting stop orders and breakout entries positioned by retail above recent swing highs.
- The impulsive move to the upside isn't a sign of strength—it's a strategic run for liquidity.
- These liquidity pools provide exit opportunities for large players offloading long positions initiated earlier in the structure.
- The sweep aligns with typical behavior just before price reacts to higher timeframe supply or premium Fibonacci zones.
---
2. Golden Pocket Confluence Zone (Downtrend Bias)
The orange highlighted zone represents the Golden Pocket —the 61.8%-to-65% retracement zone often associated with downtrend continuation or reversal setups.
- This level acts as a magnet in trending conditions, often leading to strong rejections.
- As price enters this pocket, the probability of a reaction increases, especially following a liquidity grab.
- The structure suggests this move is designed not for continuation, but for setting up a reversal.
The projected swing failure pattern at this level implies a shift from bullish euphoria to short-term distribution.
---
3. Internal Structure: Fair Value Gaps as Rebalance Zones
Two Fair Value Gaps (FVGs) are marked as zones of inefficiency, where price moved too aggressively to maintain balance between buyers and sellers.
- FVGs represent internal liquidity voids and serve as high-probability magnets for retracement.
- The first FVG lies just below the current price, suggesting a short-term retracement target.
- The second, deeper FVG offers a more substantial downside target and is aligned with typical rebalancing behavior after aggressive markups.
As price begins to break structure to the downside, these gaps become the logical destinations.
---
4. Probable Flow: Liquidity Sweep → Rejection → Internal FVG Fill
The anticipated flow is strategic and sequential:
- Step 1: Sweep of BSL and deviation into the Golden Pocket
- Step 2: Quick rejection, potentially forming a lower high
- Step 3: Downside expansion targeting both FVGs for liquidity rebalancing
This is not about chasing price—it’s about understanding the intent behind the move : create imbalance, sweep liquidity, then deliver price into inefficiency.
---
Conclusion:
This 4H chart outlines a mechanically driven move:
- External liquidity (BSL) tapped
- Premium level tested (Golden Pocket)
- Internal inefficiencies below acting as draw
The structure points to a transitional phase from premium to discount, with the FVGs below acting as clear objectives. Until those inefficiencies are fully addressed, the upside narrative remains reactive, not impulsive.
Ethereum Hits Critical Resistance — Is a Drop to $1400 Next?Introduction
Ethereum has been in a sustained downtrend over the past weeks, struggling to gain any real bullish traction. After a sharp decline last Sunday, the market remains under pressure, and although we’ve seen short-term attempts to recover, the broader trend still points downward. Technical indicators and price structure suggest this may not be over, with both Fibonacci levels and momentum oscillators hinting at further downside potential.
Resistance from the FVG and Fibonacci
Last Sunday, Ethereum dropped over 10% in a single move, forming a large 4-hour Fair Value Gap (FVG) in the process. This gap signaled a strong imbalance between buyers and sellers, with sellers clearly in control. Earlier this week, ETH managed to retrace up to the 50% level of that FVG but faced immediate rejection, highlighting the strength of the resistance. Currently, price is once again moving into the FVG zone and has reached the golden pocket Fibonacci level between $1650 and $1664. This area often acts as a key pivot for price direction. If bulls manage to break through, the next logical target would be the 0.786 Fibonacci retracement at $1724, potentially completing the fill of the FVG.
Stochastic RSI weakening on the daily timeframe
While the short-term price action shows some bullish effort, the daily Stochastic RSI tells a different story. It has now almost entered the overbought zone, suggesting that Ethereum’s current upward move may be running out of steam. This indicator often precedes a shift in momentum, and if history repeats itself, we could soon see bears stepping back in. With ETH still unable to break recent highs, the setup favors a continuation of the downtrend. If selling pressure resumes, we could be looking at a move down to the $1400 level, or potentially even lower.
Thanks for your support.
- Make sure to follow me so you don't miss out on the next analysis!
- Drop a like and leave a comment!
(ETH) ethereum "rays - month by year pattern(s)"I drew lines between each year connecting each month one year at a time using rays so that the lines would continue on through the chart. I was hoping this would give me some indication of a pattern or view on the chart that would reveal something ideal to see into the future.
...I do see one tiny pattern.
At the beginning of 2022 the previous early months rays were ascending but by the second quarter the rays were descending. That is the same thing that happened this year. The hopeful becomes the hopeless.
Are we in for a horrible Ethereum year?
(ETH) ethereum "years - phases"The phase of the Ethereum chart in years using colors to represent each year and to visually show what happened during those years. So far this year is cold and losing. Will Ethereum recover and create a new pattern never before seen or will this entire year be in vain while wishing and hoping and believing that the price will turn itself around? The year of 2025 the year of AI.
BTC/USD: Do You Think Bitcoin Will Break Above $100K Again?By analyzing the #Bitcoin chart on the weekly timeframe, we can see that after our last analysis, the price successfully hit the $80,800 target and even dropped close to the second target at $73,700. Eventually, after forming a bottom around $74,400, Bitcoin saw renewed demand and has since surged to $93,600.
Take note: the $93,480 to $99,500 zone is a key supply area, and the primary expectation is for the price to face rejection from this level. However, after a possible short-term correction, I expect Bitcoin to resume its upward move toward targets above $100,000.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Latest Analysis :
Ethereum - CME Gap fill before going up ?Ethereum has formed a classic CME Gap between $1,707 and $1,765, following a strong breakout. CME gaps, especially over the weekend, are statistically likely to be filled before the next major move.
We’re watching for a retest of this gap zone with a potential bounce at the lower boundary, creating a solid long entry opportunity.
Entry: 1,710–1,725 (inside the CME gap)
TP1: 1760
TP2: 1800
TP3: 1900
SL: 1,667 (below gap & invalidation of bullish structure)
Like and support us for more such idea.
Cheers
GreenCrypto
Ethereum is Overbought at $1,835FenzoFx—Ethereum remains bullish, trading near $1,800 after a momentum slowdown at this level. A long-wick bearish candle has formed on the 4-hour chart, though resistance here is limited. Overbought readings on the Stochastic and RSI 14 suggest short-term saturation.
ETH is holding above key support at $1,755. Caution is advised—buying into an overextended market isn't ideal. A pullback toward $1,755 or $1,690 may offer better entry points if bullish signals appear.
The trend stays intact above the 50-SMA, with potential to reach $1,950. However, a drop below $1,565 could shift the bias to bearish, eyeing $1,470 and $1,370 next.
#ETH/USDT#ETH
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are seeing a rebound from the lower boundary of the descending channel, which is support at 1555.
We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 1591
First target: 1628
Second target: 1658
Third target: 1695
Ethereum Bitcoin pair bottom confirmed!As confirmed by CRYPTOCAP:ETH \ CRYPTOCAP:BTC momentum, we can say that a local bottom was seen at 2019 accumulation levels. With a major reversal from the current region, we can see major movements across Altcoins, with Ethereum being an undeniable leading force and leader for altcoins.
Ethereum H4 | Falling toward a pullback supportEthereum (ETH/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 1,674.75 which is a pullback support that aligns close to the 38.2% Fibonacci retracement.
Stop loss is at 1,520.00 which is a level that lies underneath a multi-swing-low support and the 61.8% Fibonacci retracement.
Take profit is at 1,913.15 which is a swing-high resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
ETH Bullish Navarro 200 Harmonic Pattern + Key Levels / TargetsHarmonic Structure: Navarro 200
Ethereum's weekly chart showcases a fully formed Navarro 200 pattern, identified by:
• A deep B-to-D leg extension (~1.364) — beyond typical harmonic norms, validating the Navarro classification.
• Precise internal Fibonacci alignments:
- XA retracement to B = ~0.771
- BC extension to D = ~1.364
• Completion of point D in a historical demand area around $1500, indicating a potential reversal zone (PRZ).
This harmonic pattern suggests a bullish reversal scenario, contingent on price holding above the $1500 level.
Demand Zone: $1500–$1600
This green box zone represents a major accumulation range from early 2023:
• High volume support — confirmed by prior consolidations.
• On-chain data supports this as a major ETH acquisition zone (1.5M+ ETH bought).
• Current bounce from this area following a liquidity sweep reaffirms it as a strong demand base.
Failure to hold this zone could invalidate the bullish harmonic setup.
Target Zones (Based on Navarro 200 Mechanics)
• T1: $2100–$2200
- Historically significant support-turned-resistance.
- Converges with structural highs and prior breakdown area from mid-2024.
- First logical profit-taking or reaction point following a D-point reversal.
• Mid-Zone: ~$2800
Though not labeled as a target, this is a key supply region to monitor:
- Past consolidations and price rejection.
- Mid-range of the overall pattern.
- Also aligns with prior bullish support in 2024 that flipped to resistance.
• T2: $4000–$4100
- Strong weekly supply zone marked in red.
- Aligns with point C of the pattern.
- Also a psychological barrier near the previous all-time high area ($4,868).
- Likely to see heavy resistance if price rallies that far.
Risks to Watch
• Failure to hold the $1500–$1600 demand zone could send ETH into deeper retracement.
DeGRAM | ETHUSD Holds Above the Demand Zone📊 Technical Analysis
ETHUSDT is in an ascending channel with support at ~$1 580 intact, forming higher lows. It broke above a key trendline, signaling bullish momentum. Above ~$1 660, the next target is ~$1 800. A wedge breakout and firm support reinforce the bullish bias.
💡 Fundamental Analysis
Upgrades like Proto-Danksharding (EIP-4844) are set to boost scalability and cut fees. Spot ETH ETF speculation is driving institutional interest. On-chain activity is rising, and growth in DeFi, NFTs, and layer-2 ecosystems adds to bullish sentiment.
✨ Summary
ETH’s technicals and fundamentals align bullishly, suggesting a rally if key resistances clear.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
BTC - Distribution Confirmed After Accumulation Cycle CompletionThis 4H chart is a textbook illustration of how smart money cycles play out over time—starting with accumulation, leading into a sharp markup, and culminating in a deceptive distribution phase characterized by manipulation and false breakouts.
Let’s dissect each stage of this engineered move:
---
1. Accumulation Phase Following a Double Bottom
At the left of the chart, price forms a clear double bottom —a classic retail reversal signal.
- Smart money likely used this area to absorb sell-side liquidity, building long positions while retail traders expected further downside.
- This base formation set the foundation for the upcoming accumulation range , marked by sideways price action and multiple rejections from both highs and lows of the range.
The purpose of accumulation is simple: transfer supply from weak hands to strong hands. Every dip in this range allowed large players to fill bids without driving price too aggressively.
---
2. Sharp Markup and Resistance Interaction
Once positions were fully loaded, price launched into a strong impulsive move upward , confirming the transition from accumulation to markup.
- The move stalled at a clear horizontal resistance zone—marked as an area of prior supply and potential seller re-engagement.
- Price consolidated just below this resistance, building tension and liquidity in the form of breakout longs and stop orders from early shorts.
This led to the final stage of the cycle: distribution via manipulation.
---
3. Manipulation Above Resistance: The Fakeout
What followed was a classic fakeout above resistance .
- Price briefly broke above the key resistance area, attracting breakout buyers who assumed the trend would continue.
- In reality, this move served as a liquidity sweep and exit trap , allowing institutions to offload long positions accumulated earlier.
- The immediate rejection from this fakeout confirms a bull trap —a hallmark of distribution.
This is where smart money transitions from buyers to sellers while retail is left holding the bag.
---
4. Gap Inversion: Confirmation of Distribution
Post-fakeout, price creates a gap and immediately inverts back into the prior range , invalidating the breakout and forming a clear distribution schematic .
- The gap acts as a volume void or inefficiency , often revisited in reversal models.
- Once this area is rejected and price fails to reclaim the resistance zone, it becomes clear that distribution has been finalized.
- This breakdown marks the beginning of a markdown phase—typically faster and more violent than the markup.
The rejection confirms that price is now being delivered to the downside.
---
5. Narrative: From Accumulation to Redistribution and Collapse
This setup isn’t random—it’s narrative-driven:
- Double Bottom → Accumulation → Breakout → Manipulation → Distribution → Reversal
Each phase builds on the previous one, guided by smart money's intent to trap liquidity and maximize profit during transitions.
Now that distribution is confirmed, the expectation is continued downward delivery as price seeks out untapped liquidity and rebalances imbalances left behind during the markup.
---
Conclusion:
This 4H structure is a clear representation of the Wyckoff distribution model in action:
- Accumulation fuels markup.
- Breakout entices buyers.
- Manipulation traps them.
- Distribution unloads supply.
- Reversal completes the cycle.
The move down is not a random pullback—it is the deliberate continuation of a planned liquidity cycle . Expect further downside unless this structure is invalidated with a reclaim and break of the prior fakeout zone.
ETHEREUM | 1H | IMPORTANT LEVELS AND MY TARGETHey there, my dear friends!
I’ve taken a deep dive into BINANCE:ETHUSDT just for you. If it breaks above the 1,693 level, the next target will be 1,800.0. On the flip side, a key support level sits around 1,473.0.
All I ask in return is your support through likes — it really means a lot!
Big thanks to everyone showing love and support with those likes!
Could the price reverse from here?Ethereum (ETH/USD) is rising towards the pivot which is an overlap resistance and could reverse to the 1st support which is a pullback support.
Pivot: 1.851.36
1st Support: 1,683.61
1st Resistance: 1,945.78
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.