Ethereum - Buy It Now Or Never!Ethereum ( BITSTAMP:ETHUSD ) will offer a final retest:
Click chart above to see the detailed analysis👆🏻
Ethereum is about to retest a perfect confluence of support from which a bullish reversal is almost certain. Following the overall bullish trend, Ethereum should retest the previous all time high next and then maybe even follow Bitcoin and create new all time highs going into 2025.
Levels to watch: $2.000
Keep your long term vision,
Philip (BasicTrading)
Ethereum (Cryptocurrency)
BTC/USD : On the Verge of $100,000! (READ THE CAPTION)Analyzing the #Bitcoin chart on the weekly timeframe, we can see that since our last analysis, Bitcoin has performed exactly as expected. With its powerful rally, Bitcoin successfully hit all three targets of $77,000, $81,700, and $93,800.
Earlier today, Bitcoin surged further to $98,400, setting a new all-time high. With the strong momentum it has gained, I believe we will soon witness the mother of all cryptocurrencies reaching the highly anticipated $100,000 mark!
I hope you’ve made the most out of this analysis. This chart will be updated step by step as the price action unfolds!
THE MAIN ANALYSIS :
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
ETH BREAKOUT??Simple chart with key levels shown. After the Trump victory price has broken out from the downtrend of 7 months. So far the breakout has been capped at the major resistance level of $2850. It's a clearly important S/R level with clear TPs on the way back up to local high.
Entry is a tricky one, the macro is clearly bullish with the election news + interest rate cuts happening globally. A safer entry would be a flip of the resistance @ $2850.
A second entry would be the green box and still broken out of the downtrend. That would make the entry closer to being wrong and therefor better R:R but for me less probable as $2850 is still major resistance.
Invalidation is under the green area around $2700 and falling back under the downtrend, approx -6.5% under the possible entry once the S/R is flipped.
CRYPTO OWNERSHIP LEGAL IN CHINA = $NEO BULLISHA judge in a Singaporean court has ruled cryptocurrency ownership is now legal in China. What does this mean?
NEO is China's top cryptocurrency, also referred to as "Chinese Ethereum" with large stimulus recently been given to Chinese, and the fact the Crypto is now legal is China, we are about to see NEO wake up. I'm predicting an early classic cup and handle set up will come, and who knows where NEO will rise to.. $100? $250? $500? Who knows, but with China now legalizing crypto NASDAQ:NEO is about to go up to a whole different level, and I'm prepared... Are you?
BTC Leads, ETH Follows: New ATH Ahead?Bitcoin Leads, Ethereum Follows: Will History Repeat This Bull Run?
During the 2020 bull run, Bitcoin (BTC) reached its all-time high (ATH) of $20,000 while Ethereum (ETH) lagged behind, trading at just $600. When BTC surged to $42,000 (more than doubling its previous ATH), ETH gained momentum and broke its previous ATH of $1,400. Historically, Bitcoin has always led the market during bull runs, with altcoins like ETH following once BTC enters a long consolidation period.
This pattern seems to be repeating. When BTC recently hit a new ATH of $73,000, ETH was trading at $3,200. If BTC begins another consolidation phase at $100k, we can expect Ethereum to push towards a new ATH, alongside strong bullish moves in other altcoins. As history shows, Bitcoin's consolidation often serves as a catalyst for Ethereum and altcoin rallies.
BINANCE:ETHUSDT BINANCE:BTCUSDT CRYPTOCAP:ETH CRYPTOCAP:BTC
Regards
Hexa
Ethereum : Gearing up for breakout ETH/USDT: Gearing Up for a Breakout Above Trendline Resistance
ETH/USDT is setting the stage for a potential bullish breakout 📈 as it nears a significant trendline resistance zone 📊. The price has been consolidating within a tight range, creating an ideal setup for a breakout 💥. If the resistance is breached, Ethereum could enter a strong upward trend 🚀. Stay vigilant and wait for confirmation before entering a position.
Key Insights:
1. Trendline Resistance: ETH/USDT is approaching a well-established trendline that has previously acted as a ceiling. A breakout above this level could trigger a bullish rally.
2. Volume Surge: Watch for a noticeable increase in trading volume during the breakout, as this signals strong buyer momentum 🔥.
3. Bullish Signals: Momentum indicators such as RSI and MACD are showing positive trends ⚡, adding weight to the breakout scenario.
Steps to Confirm the Breakout:
Look for a clear 4H or daily candle close above the trendline 📍.
A spike in trading volume during the breakout can validate buyer strength 📊.
A retest of the broken trendline as support increases the reliability of the breakout ✅.
Beware of fake breakouts, which often manifest as wicks or sharp reversals above the trendline ⚠️.
Risk Management Strategies:
Use stop-loss orders to protect against unexpected reversals 🔒.
Ensure position sizing aligns with your broader trading plan 🎯.
This analysis is for educational purposes only and is not financial advice. Always conduct your own research (DYOR) 🔍 before making investment decisions.
Long term $ETH forecastGN gents, quick post here, I had some nice signals to buy CRYPTOCAP:ETH if you have cash or want to trade futures, risk is 30% down from here vs potential of going as high as $16,000.
Best of luck,
Cheers,
Ivan Labrie.
PS: this is in no way an allocation recommendation but rather a hopefully accurate prognosis of the future price action of Ethereum from here. I hold no ETH myself. I will buy some perps here only.
$TOTAL totally streched to upside; up or down?TOTAL is totally streched to upside; it is not only derivating but is also on a dangerous wedge, signaling a very possible drop (purple arrow down), at least to touch:
1- an important Fibonacci Circle (marked on red)
2- the support of TOTAL all-times-high (horizontal blue dotted line)
3- old May 2021 support of TOTAL all-times-high (horizontal pink dotted line)
4- ceiling of ghost channel from the last few months of downtrend (yellow channel)
5- volume weighted support line (black line)
6- possible touch on 200 EMA (green strong line)
You can see also that first pannel is about to show a crossing of RSI lines
Second pannel shows a red dot sell signal on Detonator B
Third pannel shows also a crossing down on Detonator C
MACD is losing strengh
We don´t know yet if the market still has bullets to go to the upside, showed by the thin purple arrow, but it is a possibility, as target coincides with very important (years back) trend line of resistence
#ETCUSDT #1D (Bybit) Descending wedge breakout & retestEthereum Classic regained 50MA support and seems to be heading towards 200MA resistance, probably after a pull-back.
⚡️⚡️ #ETC/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (3.0X)
Amount: 4.6%
Current Price:
20.620
Entry Targets:
1) 19.256
Take-Profit Targets:
1) 24.837
Stop Targets:
1) 16.459
Published By: @Zblaba
CRYPTOCAP:ETC BYBIT:ETCUSDT.P #1D #EthereumClassic #PoW ethereumclassic.org
Risk/Reward= 1:2.0
Expected Profit= +86.9%
Possible Loss= -43.6%
Estimated Gaintime= 1-2 months
ETHER - Make or Break SituationEther is nearing a breakout and currently on a make or break situation. Both scenarios are added in order to give clarity on expected move.
For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management.
If you found this analysis helpful, please consider boosting and following for more updates.
Disclaimer: This content is for educational purposes only and should not be considered financial advice.
ETH Swing Long Prediction - Ethereum AnalysisI think we are very close to seeing a retracement on ETH, as well as across all altcoins. I expect the price to pull back to around 2812, possibly hitting the weekly demand zone (marked in purple). From that zone, I will be looking for swing-long opportunities, with a potential target of 4088 (the March 2024 high).
Make sure to look for LTF confirmations before initiating any trades.
Why ETH is not going up? Dying slow death?ETH has lost its momentum and correlation with BTC for quite some time, even before the ETF announcements. It appears that institutional investors who previously held significant positions in ETH have shifted their focus entirely to BTC.
What are your thoughts about ETH?
FARM: A DEFI Platform with Explosive Potential"FARM is a solid and innovative DEFI platform, comparable to big names like AAVE, Compound, and Yearn Finance, offering efficient staking and yield generation. Recently, it has gained attention for its unique structure and fundamentals that suggest extraordinary growth potential.
With exactly 672,183 tokens in circulation and a market cap of just $30 million, FARM is positioned for significant movement. Comparable platforms have already surpassed $100 million, and all signs indicate FARM could reach that milestone soon.
If FARM hits $100 million in market cap, it would represent an approximate 300% increase from its current valuation. This extreme scarcity of tokens, combined with its functionality as a DEFI platform, places FARM in a uniquely advantageous position in the crypto market.
Opportunities like this are rare. For those keeping an eye on the market, FARM showcases the characteristics of a project poised for rapid and significant growth. Stay alert—this could be one of the most exciting moves we see in the near future. 🚀 COINBASE:BTCUSD BINANCE:BTCUSD COINBASE:ETHUSD
Solana's Rise: A Challenger to Ethereum's Throne?
Solana, the high-performance blockchain, has made significant strides in the cryptocurrency market, particularly against the long-standing Ethereum. With a 70% rally against Ethereum in 2024, Solana has positioned itself as a strong contender, despite its significantly lower market capitalization.
The Solana Advantage
Solana's ascent can be attributed to several key factors:
• High Throughput: Solana boasts impressive transaction speeds, capable of processing thousands of transactions per second. This is a significant advantage over Ethereum, which often faces scalability issues.
• Low Transaction Fees: Solana's low transaction fees make it an attractive option for users, especially for smaller transactions.
• Smart Contract Functionality: Solana supports smart contracts, enabling the development of decentralized applications (dApps) and other innovative projects.
The Dark Cloud Over Solana's Horizon
While Solana's performance has been impressive, concerns have emerged regarding the sustainability of its growth. A recent report revealed that a significant portion of Solana's record-breaking $318 billion transfer volume was driven by bots, rather than organic user activity. This raises questions about the true level of interest and adoption of the Solana network.
What Does This Mean for Solana's Future?
The revelation of bot-driven activity could have significant implications for Solana's future. If the network's growth is not supported by genuine user adoption, it may struggle to maintain its momentum. A decline in user interest could lead to a decrease in network activity and potentially a drop in the price of SOL.
The Impact on Your Crypto Holdings
As an investor, it's crucial to consider the potential impact of Solana's rise and the concerns surrounding its growth on your crypto portfolio. Here are a few things to keep in mind:
• Diversification: Diversifying your portfolio across multiple cryptocurrencies can help mitigate risks. Consider investing in a mix of established cryptocurrencies like Bitcoin and Ethereum, as well as promising altcoins like Solana.
• Due Diligence: Before investing in any cryptocurrency, conduct thorough research and analysis. Pay attention to factors such as the project's technology, team, community, and market sentiment.
• Risk Tolerance: Assess your risk tolerance and invest accordingly. If you're comfortable with higher risk, you may consider investing in Solana. However, if you prefer a more conservative approach, it may be wise to stick with more established cryptocurrencies.
• Stay Informed: Keep up-to-date with the latest news and developments in the cryptocurrency market. Follow reputable news sources and analysts to stay informed about potential risks and opportunities.
Conclusion
Solana's rapid rise has captured the attention of the cryptocurrency community. However, it's essential to approach this emerging blockchain with a critical eye. While its technology and performance are impressive, the concerns surrounding its growth and the potential impact of bot-driven activity cannot be ignored. As an investor, it's crucial to make informed decisions and carefully consider the risks and rewards before investing in Solana or any other cryptocurrency.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Please consult with a qualified financial advisor before making any investment decisions.1
ETHBTC is set to rise from hereThe ETHBTC pair has been on a steady downtrend for the past 2 years. Given that the next bullish cycle is quickly on its way, I am guessing the low is very close for this pair. Going long within the next few days seems like the most optimal entry point. I'm expecting the next swing to take us back to the primary resistance zone at 0.0825
ETHER - Bullish Bias RemainsEther is currently ranging and holding 50EMA. Our previous trade was SL'd marely by few pips. As far as the support holds, we should see a bullish move ahead.
For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management.
If you found this analysis helpful, please consider boosting and following for more updates.
Disclaimer: This content is for educational purposes only and should not be considered financial advice.