Ethereum (Cryptocurrency)
ETH breakout??Ethereum has generally been falling behind this Bullrun with some disappointing PA. Currently RTH finds itself able to prove some LTF strength with a breakout play on the 15m timeframe.
After trending to the downside over the weekend ETH has hit a bullish OB and reacted well off that level that coincided with the bottom of the channel. Price has now broken out to the upside, retraced to test that level as new support and it's here where R;R is strong should ETH show some strength and push upward.
Some points of confluence would be the 200ema now trending up and is at the same support level as the trendline, I'd like to see good support here.
Easy invalidation would be a break in structure at the local low, along with a loss of the 200ema & trendline support. BTC's behaviour also a factor in this move too as it always is when HTF chop occurs.
ETH, recent pump barely scratching the surface MASSIVE MOVE NEXT
ETH recent pump was an indication of things to come -- good things.
The coin went from 1700 to 1900 within 72 hours -- indicating that a longer shifting trend is about to materialize. Based on recent news, low supply of ETH is being detected on most exchanges depicting a bullish scenario for the coin.
On weekly data, new higher lows was created both on Histogram and pricing -- conveying the recent ascend with the current price range to be the new base for the incoming significant price growth.
Weekly data price movement volatility has been on the conservative side hinting that for every higher low it established -- it is creating a solid support range.
On Tri monthly data -- it is hinting of the same bullish continuation scenario. Surging price valuation on longer time spectrum. A bubble up volume has finally appeared after 5 months of waiting, last one was on January 2023.
Expect significant price valuation for ETH in the next coming weeks.
The weekly chart is too clean, direction is certain -- no further explanation needed.
Spotted at 1850.
TAYOR
Safeguard capital always
Types of traders 101Overview of types of traders
SCALPER
🔸Scalpers buy and sell securities quickly, usually within seconds, with the aim of achieving profits from minuscule price changes from large trade volumes.
🔸Scalper also refers to someone who buys up in-demand merchandise or event tickets to resell at a higher price.
🔸Scalpers buy and sell securities many times in a day with the objective of making consistent net profits from the aggregate of all these transactions.
🔸Scalpers must be highly disciplined, combative by nature, and astute decision makers in order to succeed.
EATRADER / Algo Trader
🔸Algorithmic trader will use process- and rules-based computational formulas for executing trades.
🔸 Algorithmic trader is performing statistical analysis on stocks, funds, or currencies and then writing algorithms and programs using computer languages like C# or Python or PineScript.
🔸While it provides advantages, such as faster execution time and reduced costs, algorithmic trading can also exacerbate the market's negative tendencies by causing flash crashes and immediate loss of liquidity.
Technical Trader
🔸Generally, a technician uses historical patterns of trading data to predict what might happen to market in the future.
🔸A technical trader prefers to study price patterns over time periods ranging from a few minutes to a month. This is usually done using a variety of tools, such as indicators, to understand which way price is moving in any given market.
Swing Trader
🔸Swing trading refers to a trading style that attempts to exploit short- to medium-term price movements in a security using favorable risk/reward metrics.
🔸 Swing traders primarily rely on technical analysis to determine suitable entry and exit points, but they may also use fundamental analysis as an added filter
Fundumental Trader
🔸Fundumental trader focuses on company-specific events to determine which stock to buy and when to buy it. Trading on fundamentals is more closely associated with a buy-and-hold strategy rather than short-term trading.
🔸Furthermore, fundumental traders must understand technical analysis to identify trends and price patterns supporting their fundamental analysis.
Money Manager
🔸A money manager is a person or financial firm that manages the securities portfolio of individual or institutional investors.
🔸 Professional money managers do not receive commissions on transactions; rather, they are paid based on a percentage of assets under management.
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
ETH Price Analysis: Eyeing a Sell Opportunity Near Key ResistancAfter finding strong support around the 2150 zone, Ethereum (ETH) began a recovery and has since entered an upward trajectory.
While this recent upward movement is encouraging for short-term traders, the overall long-term outlook remains uncertain. There is a strong confluence of resistance around the 2900 zone, which may pose a significant barrier to further gains.
In my analysis, despite the recent rise, Ethereum bulls are not entirely in the clear. The market is still vulnerable, and there is a strong possibility of another downward move, potentially pushing the price below the critical 2000 level before we see a genuine reversal and a more sustained uptrend.
In conclusion, I'm looking to sell if Ethereum approaches the resistance zone, especially near the 2900 level.
My target will be at least the recent lows, as I anticipate that the market may struggle to break through this key resistance.
However, this bearish outlook would be invalidated if Ethereum sees sustained buying pressure above the 3000 figure.
ETH/USD "Ethereum" Market Money Heist Plan On Long SideHola ola My Dear,
Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist ETH/USD "Ethereum" market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 1H timeframe
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
$ARTY : Another Bullrun Ahead ? (READ THE CAPTION)By analyzing the AMEX:ARTY chart on the 4-hour timeframe, we can see that the price is currently trading around the $0.49 level. Previously, the price managed to break the resistance at $0.5599 and even rallied up to $0.5921 before starting its current correction. The key support levels to watch are between $0.4580 - $0.4750 and $0.4250 - $0.4390 . Keep an eye on these zones for potential buy opportunities! (This Analysis Will Be Updated Soon with new Targets)
For Those Whose Asking, I’m not too familiar with the fundamentals of this project too much, but considering the Artyfact Beta launch and the many upcoming events in the Artyfact ecosystem, it seems likely that we could see the next pump for AMEX:ARTY soon! With a current market cap of just $8 million, there's still a lot of room for growth. For those interested, AMEX:ARTY is already listed on exchanges like OKX, Bybit, KuCoin, and a few others !
Exploring Valkyrie Bitcoin Strategy ETF @BTFExploring the Valkyrie Bitcoin and Ethereum Strategy ETF. Bitcoin ( NASDAQ:BTF ).. strong monthly imbalance in control playing our with BTC cryptocurrency currently attempting to break its all-time high again, with a monthly demand level also in control. Long term investment opportunity. Both Bitcoin and Ethereum are trending upwards and have a significant monthly demand level in control, contributing to the rise of these cryptocurrencies and the
Ethereum's bigger trend is bullishFrom where we inserted the green arrow on the chart, Ethereum has started to create a bullish diametric.
Now the F wave is over and Ethereum is preparing itself to move in the form of a G wave.
By maintaining the green range, it can be pumped towards the targets listed on the chart.
This means altcoins are bullish for at least 60-80 days
Closing a daily candle below the invalidation level will violate 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
ETHUSDT is Bullish now & many Traders don't see it !!ETH is forming a falling wedge on daily timeframe , Up we go if we do breakout.
✨After the fifth bullish wave, ETHUSDT has completed his corrective waves (ABC) , now it is time to start the five bullish waves and ETH is in the Megaphone.
🔵We have a Bullish Structure here
ETH formed a falling wedge on 1D timeframe🤔
Up we go if we do breakout , also a bullish Divergence (RD+) on MACD which shows Positive Signs for ETH.
✅ Due to the Ascending structure of the chart...
🟢 High potential areas are clear in the chart.
🟢 Bullish Wedge.
🟢 5th waves.
🟢Bullish Regular Divergence(+RD)
🟢Megaphone
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!
ETH's Situation: What Shall we Expect !!!ETH is forming a falling wedge on daily timeframe , Up we go if we do breakout.
🔵We have a Bullish Structure here
ETH formed a falling wedge on 1D timeframe🤔
Up we go if we do breakout , also a bullish Divergence (RD+) on MACD which shows Positive Signs for ETH.
✅ Due to the Ascending structure of the chart...
🟢 High potential areas are clear in the chart.
🟢 Bullish Wedge.
🟢 5th waves.
🟢Bullish Regular Divergence(+RD)
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!
Ethereum's Price Action Approaches Critical Resistance ZoneCurrent Situation:
Ethereum's price action is at a critical juncture, pushing into the former-support-turned-resistance zone of $2,600-$2,900.
A break above this zone would strongly suggest that a significant low has been established.
Technical Analysis:
Ethereum is also attempting to re-enter the descending price channel that has characterized much of the year’s correction.
If this movement turns out to be a false breakdown, we could witness a sharp, explosive rally, reinforcing the adage, “From false moves, come fast moves.”
Market Comparison:
In comparing Ethereum to silver and Bitcoin to gold, it's noted that Ethereum tends to act as a leveraged position relative to Bitcoin.
If a genuine crypto rally is beginning, Ethereum is likely to surge quickly, reflecting silver's historical performance relative to gold.
#Ethereum #CryptoAnalysis #ResistanceZone #MarketTrends #TechnicalAnalysis #CryptoRally
Ethereum just entered an accumulation phase after the breakoutEthereum just broke out of the months-long channel, and in this case, we didn’t see a breakout with strength and volume. However, ETH is entering an accumulation phase and will consequently need to make a decision to break out and rise back to last month's levels.
Just remember that the backbone of all cryptocurrencies is Bitcoin, and if Bitcoin decides to go up, the entire crypto market will rise as a result. So, I invite you to check out my Bitcoin analysis.
Thanks for supporting my analysis.
Good luck!
Ethereum : ETH still BULLISH - Here's WhyFrom a macro analysis, ETH is very clearly in a bullish season. Apart from the obvious (following Bitcoin) there are a few other factors from which we can deduce that ETH is gearing up for another impulse wave UP.
👉 Higher lows
👉 Diagonal trendline acts as macro timeframe support
👉 Currently Three-White-Soldiers in the weekly - Bullish candlestick pattern
From a technical indicator perspective, we can see a healthy bounce on the lower white trendline. We can expect the rally AFTER the price reclaims the now upper red trendline (at which point it will turn GREEN).
The price is about to reclaim the 50d Moving Averages which, in the weekly timeframe, signals a bullish move:
________________________
BINANCE:ETHUSDT
ETHUSD: Strong Bearish Bias! Sell!
Welcome to our daily ETHUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 2,637.46$
Wish you good luck in trading to you all!
Trading is a waiting game🔸Trading is a waiting game. Stop forcing trades. Learn waiting for your setups. A trader who can't wait is not a successful trader.
🔸Waiting is the hardest part of trading. And also the least talked about. If you can improve your waiting you will improve your trading.
🔸Trading is a waiting game. You sit, you wait, and you make a lot of money all at once. Profits come in bunches. The trick when going sideways between home runs is not to lose too much in between.
🔸Overtrading is the number one reason why traders blow their entire accounts because it exposes them to unnecessary risks and costs that vanish their capital. Some studies show that overtrading accounts for more than 75% of trading losses among retail traders.
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
ETH / BTC: A Potential Shift In Performance
It's no secret that Ethereum's price performance has been relatively underwhelming in the past 1-2 years, lagging behind the broader market.
A more clear picture emerges when we examine Ethereum's performance against Bitcoin.
On a weekly timeframe, the ETH/BTC chart reveals a long-term uptrend channel. However, within this uptrend, the pair has been in a downtrend since December 2021.
Essentially, the price has been moving from the upper boundary of the uptrend channel towards the lower boundary. It appears to have reached this lower boundary recently.
This suggests that Ethereum might be poised for a period of outperformance relative to Bitcoin.
Note: This doesn't imply a massive shift of capital from Bitcoin to Ethereum. Rather, it suggests that Ethereum could potentially appreciate at a faster rate than Bitcoin. The conditions for this shift may be maturing.
ETH/USD Short - last flush before the elections. The current 4-year crypto cycle is fairly mature. While previous 4-year cycles have begun to trend upward from October, this does not preclude us from seeing a last flush or even a three-month decline through to January. Particularly with so much institutional money involved now. Just keep in mind what Elon's single tweet did to the previous bull market during its mid-bull run.
NFP 120 (Cons:130) and unemployment rate 4.4 (Cons: 4.3) both come in bearish this Friday 4th of October. we continue up till then.