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Ethereum (Cryptocurrency)

Ethereum (ETH/USD) Elliott Wave Analysis: Preparing for Wave 5In this analysis, we explore the Elliott Wave structure for Ethereum (ETH/USD), highlighting the potential price trajectory in the mid-term. The chart indicates that the market has likely completed Wave 3 and is now entering the corrective phase of Wave 4. Key support levels and possible reversal zones are identified, making this analysis highly valuable for traders. Key Highlights of the Analysis: Critical Support Levels: A strong support zone lies between $2865-$3022. It is expected that the price might find a temporary bottom here and initiate a rebound. Wave 4 Scenario: Wave 4 is typically characterized by complex corrections and sideways movements. This presents an excellent opportunity to plan long entries, especially if the price consolidates in the identified zone. Wave 5 Projection: After completing Wave 4, Wave 5 is anticipated to push prices toward $4550. This move could present significant profit potential for traders with a long-term perspective. Fibonacci and Timing Alignment: Using Fibonacci tools has enhanced the precision of this analysis, identifying key levels with high accuracy. Moreover, evaluating the timeframes of each wave provides deeper insights into the overall market structure. +++++++++++++++++++++++++++++++ Suggestions for Traders: In the short term, patience is key while the price approaches the support zone. Monitor price action carefully within this range. Once a confirmed reversal is observed, you can set up long positions targeting the top of Wave 5. Don’t forget to implement proper risk management, as Wave 4 corrections often involve unexpected movements. Save this analysis and feel free to share your thoughts or questions in the comments section. Don’t forget to follow me for more detailed analyses like this one!
BITFINEX:ETHUSDLong
by Mohammad_Mirdehghan
4
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
BITSTAMP:ETHUSD
by behdark
1
EthereumThe resistance level at $4165 has not been fully consumed yet. As long as the support area at $2982.5 holds, we can expect a bullish trend similar to the previous scenario. Currently, the probability of a bearish scenario and the consumption of the $2982.5 support level is much higher. If this support zone is consumed, we can expect to see the $2700 price range as well. At the moment, the $3060 and $2700 price zones are considered low-risk areas for buying Ethereum. What’s your take on this?
Short
by BiTBingo
ETHUSDT potential short-term correctionThe ETHUSDT market has recently experienced a decline, testing the key psychological level of 3000. Although it briefly broke below the previous support level, it soon retraced. Despite this, there are no clear signs of bullish momentum in the area, suggesting a potential lack of strong buying interest. This could lead the market to establish a range zone for accumulation. The market is likely to consolidate near this support level, with the range zone serving as both support and resistance. It is anticipated that the price could reverse and retest the 3000 level. On the daily timeframe, the price appears to be forming an ABCD pullback, which implies the market might dip below the 2900 level. A similar pattern was observed earlier in 2024. The focus remains on the support zone near the 3000 level
Short
by RTED_Investing
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
Long
by CryptoSanders9563
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 -----------------
by readCrypto
ETH, the pathway to a new ATHHallo everyone, in the last weeks Ethereum was underperforming Bitcoin, but actually the chart looks quiet interesting again. The price broke out of a huge bull flag, but with the large correction in Bitcoin it fell under the breakout level again. Now it's approaching the breakout for the second attempt. The most important levels to watch is the 2021 yearly close at 3677 . Should we see a sustained move above, which aligns with the bull flag retest, ETH is set to reach new all time high prices within the new two month. Looking at the seasonality of cryptocurrencies the first quarter of the year is a good moment to be bullish.
CRYPTO:ETHUSDLong
by Kyrean
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
CRYPTO:ETHUSDLong
by onemorewine
1
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.
Long
by ZelfTrade
1
ETHUSDT: A Crucial Moment for Ethereum!We’re back with an Ethereum (ETH) breakdown and update following the significant moves we’ve seen in the past weeks. The market is at a critical point, testing key levels that could dictate ETH’s next big move. 📊 Key Highlights: • Inverted Head and Shoulders: ETH formed a textbook setup on the weekly timeframe, triggering our alert at $2,935. • Liquidity Sweeps: Multiple higher lows were swept at $3,600, $3,300, and $3,060, signaling a battle between buyers and sellers. • Spot Position Adjustments: I offloaded positions at the $2,935 level, capitalizing on the momentum while monitoring for the next opportunity. 📉 Bearish Pressure: • High volume on the H4 suggests sellers are in control for now. Buyers need to reclaim key levels for ETH to regain momentum. • While a dip to $2,300 seems unlikely, it remains a possibility in the rangy crypto market. 📈 Bullish Outlook: • If ETH holds key support and buyers step in, I see potential for a massive rally targeting $6,000–$7,000 during the next bull run (not financial advice, just my personal outlook). Are you ready to navigate this critical moment for ETH? Or will you sit on the sidelines as history unfolds? 👉 Watch the full breakdown and stay ahead of the market with precise analysis. Don’t miss out—this could be the setup you’ve been waiting for!
by BlueOceanFxAcademy
4
Ethereum's 25% Drop = Massive Bullish Opportunity!🔥 Ethereum Bullish Opportunity 🚀 Why the Bullish Sentiment? 💎 Massive Correction: ETHUSD has dropped 25% in the past month, presenting an attractive entry point for long-term investors and traders. 📊 Fibonacci Levels in Play: Price is bouncing off key Fibonacci retracement levels, signaling a recovery: Trade Plan : 🎯 Entry: 3,050 🎯Take Profit 1 ($3,300): Close to the 0.236 Fibonacci level, acting as the first resistance. 🎯Take Profit 2 ( $3,530): A target near the 0.50 Fibonacci retracement level, offering mid-range gains. 🏆Take Profit 3 ($3,740): A breakout move above the 0.618 Fibonacci level, marking a strong continuation. 🛡 Stop Loss: $2,800, placed below the Demand Zone to protect your position. 📈The ETH/BTC ratio is currently at 0.034, one of the lowest levels since April 2021. The last time the ETH/BTC ratio hit a low of 0.032 in November last year, Ethereum’s price skyrocketed from this exact level to $4,000 in less than 3 weeks. 📈 Demand Zone Support: Price is holding above the $3,000 Demand Zone, a historically strong level for reversals and bullish momentum. With a strong historical pattern and technical alignment, Ethereum could be poised for another explosive move! Don't miss out on this setup! 🚀 👉 Ready to take action? Let’s ride this wave together and see where it takes us! Drop your thoughts or questions in the comments below!
BITSTAMP:ETHUSDLong
by ValchevFinance
Bullish/Bearish Sentiment We saw #BTC last hit it's double top 209 days after making an ATH 64k in April and topping out in Nov. VeChain also took around 200 days to revisit higher lows. [BULLS} Elliot Wave Theory: It appears that we are in the next 2-3 wave Regardless of the narrative, the trend is showing bearish in the short term. I have HODL positions but short until we hit our buy zones keeping a close eye on what #BTC and #ETH do. CRYPTOCAP:ETH is in a channel and appears to be falling out. If we dig deeper watch 3k as a psychological area of support, CRYPTOCAP:BTC will be around 95k. For NYSE:VET we see $0.04 being a key level of support in our first buy zone, secondary we are looking for around $0.033. Once these levels hold I will flip my sentiment and continue to long into this year with our bullish commander and chief stepping into office. #Donaldtrump If November repeats itself with this day we could be hopeful for another 300% but remain reserved with our PT's on the way up because. "You never go broke taking a profit." HNY #vechain fam. Don't over-leverage, set your SL before bed. @VEREKTION
Short
by isaiahescobarrr
ETH Eyes $2,800 Support: Big Move Incoming?ETHUSDT Technical analysis update ETHUSDT has been trading within the same range of $2,000–$4,000 for the past 400 days. Currently, the price is forming an inverse head and shoulders pattern. In the coming days, the price could create the right shoulder of this pattern. A possible drop to the strong support zone at $2,700–$2,800 could complete the right shoulder formation. Once the price touches this support level, we can expect a strong bounce from that area. Good Buy level: $2700- $2800 Regards Hexa
INDEX:ETHUSDLong
by HexaTrades