Ethereum (Cryptocurrency)
Bullish bounce?Ethereum (ETH/USD) has bounced off the pivot which has been identified as a pullback support and could rise to the 1st resistance.
Pivot: 2,155.83
1st Support: 1,992.06
1st Resistance: 2,399.50
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Ethereum Is Now Oversold (RSI & More Proof)Overextended. I opened this chart and there was no doubt, this move is already over-extended, the bearish move that is. I had to add the RSI to show it to you.
See, the RSI is oversold and the lowest since August 2024. Needless to say, when the RSI went this low in August it produced a reversal and a strong bullish wave. Now, it will do the same.
Very, very low volume on the drop. Just notice the bars, look at the chart. Isn't it clear?
I mean, based on technical analysis. I admit that the chart signals can be ignored and the market move against all odds, but normally, they work. It is the only tool we have available to try and predict what will happen next. The Ethereum chart is saying, "A reversal is coming, prices are about to start moving up. Get ready!"
Thank you for reading.
By the way, we are going beyond 11K.
Namaste.
Death of ETH ?ETH is currently trading at a crucial support zone. A breakdown from this strong level could push ETH into a bearish trend, making recovery difficult.
However, if ETH manages to reverse from the $1,800–$2,000 support zone, there’s hope for a strong performance ahead. A further crash below this zone could have a severe impact on the entire Ethereum ecosystem.
The next two weeks will be critical—let’s see how things unfold. Hoping for a reversal from this support level!
Stay tuned for more updates.
Cheers,
GreenCrypto Team
Ethereum Holds Key Support at Weekly Trendline: What's Next...?Ethereum Holds Key Support at $2,100: Could a Rally to $4,000 Be Coming? Altcoin Season and Trump’s Crypto Summit as Potential Catalysts
Ethereum is currently finding support at a critical juncture, with the price holding steady at the weekly uptrend line and an important support level around the $2,100 mark. Historically, every time Ethereum has tested this support zone, it has bounced significantly, often making strong moves toward the $4,000 level. The question now is whether history will repeat itself.
At this point, Ethereum’s ability to maintain this support level is crucial. With the market in a generally cautious state, Ethereum's resilience at this key level could signal the potential for a powerful rally in the near future. The broader crypto market is also awaiting the highly anticipated "altcoin season," where altcoins—especially Ethereum—could see a surge in demand, potentially driving prices higher.
Adding to the excitement, former U.S. President Donald Trump is set to host a crypto summit at the White House on March 7. This event could serve as a major catalyst for the next crypto rally, especially if significant regulatory or institutional insights emerge. The combination of Ethereum holding its critical support, the potential for altcoin season, and the White House summit could create the perfect storm for a significant price movement in Ethereum.
As Ethereum continues to hover around the $2,100 mark, traders and investors are closely watching for any signs of a breakout. If the rally to $4,000 materializes, it could set the stage for further gains, with the broader crypto market potentially following suit. The next few weeks could prove to be pivotal for Ethereum and the cryptocurrency space as a whole.
ETH in a LIVERMORE Accumulation cylinder.What is a Livermore accumulation cylinder?
The Livermore Accumulation Cylinder gained fame through the insights of Jesse Lauriston Livermore, a Massachusetts-born American investor celebrated as one of the most exceptional traders in history. His theory revolves around what is often referred to as an ascending broadening wedge, a phenomenon that unfolds over extended time frames.
What is an accumulation cylinder with a widening mouth?
First recognized by the iconic trader Jesse Livermore, who essentially laid the groundwork for technical analysis, the 'Accumulation Cylinder with Widening Mouth' is a unique and gradually developing pattern. In this scenario, the price oscillates between two diverging lines, creating a tension that can lead to a significant upward breakout.
Is Ethereum resolving its own Livermore cylinder?
This isn’t the first instance of cryptocurrency showcasing a Livermore cylinder: Ethereum might currently be in the midst of resolving its own version, and Bitcoin may have experienced a similar pattern back in 2017. While the charts may seem to align quite well, it’s crucial to remember that they are not a guarantee of future outcomes. Instead, they can serve as a valuable guide for managing risk, setting expectations, and establishing realistic profit targets. Many newcomers to crypto dream of achieving a 100x return, but as demonstrated by Bitcoin whales, true profits often come from strategically trimming and adjusting their positions, making only a few calculated moves from cycle to cycle.
Ethereum 10X Trade-Numbers (4,280% Potential)Ethereum is looking great right now and trading near support. This support level can turn out into a great entry level for a LONG trade.
This is for experienced traders. High risk vs a high potential for reward.
I am sharing the full trade-numbers below but the main purpose of this publication is timing. It is March 2025 now and we are seeing the end of the last correction before the biggest bull-market in the history of Cryptocurrency.
Thanks a lot for your continued support.
_____
LONG ETHUSDT
Leverage: 10X
Entry levels:
1) $2,150
2) $2,050
3) $1,950
Targets:
1) $2,882
2) $3,116
3) $3,350
4) $3,683
5) $4,108
6) $4,575
7) $4,865
8) $5,333
9) $6,090
10) $6,629
11) $7,315
12) $9,214
13) $11,111
Stop-loss:
Close weekly below $1,900
Potential profits: 4280%
Capital allocation: 5%
_____
Namaste.
ETHUSD Is Bullish! Long!
Here is our detailed technical review for ETHUSD.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 2,237.6.
The above observations make me that the market will inevitably achieve 2,552.5 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
#ETH/USDT#ETH
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it
We have a rebound from the lower limit of the descending channel, this support is at a price of 1950
We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 2236
First target 2340
Second target 2414
Third target 2530
ETHUSDT (Ethereum) Using Elliott Waves: Back to 1K? Plotting waves on Ethereum: The current correction may be a larger degree wave (2) or a wave (4) consolidation. Taking either would depend on the analyst's bias.
In both the cases, what matters is spotting the corrective patterns and participating in the larger impulses.
The June'22 bottom is a relevant one as many coins bottomed out then. But have we made a long term bottom on ETH or not? This upmove on Ethereum does not seem impulsive in the eyes of EW. With the trendline broken and monthly RSI going for a reset, the alt season may not be here anytime soon.
If this move is supported, we can see a sharp decline in the coming months taking the price back to 1K (or slightly below). The political interference on crypto can keep giving random shakeouts so it is important to keep a firm view on either side. Until the price remains below 3K, I would like to keep my bearish view.
Ethereum creating a multiple year symmetrical triangle!?! Hello Everyone, I am LiquidMex here to share my opinion on the weekly Ethereum chart.
What is a symmetrical triangle?!?
A symmetrical triangle is a common chart pattern in technical analysis. It occurs when the price of an asset fluctuates within a narrow range, forming two converging trendlines. The upper trendline connects a series of lower highs, while the lower trendline joins a sequence of higher lows
As the price of Eth declines so does the chance of Ethereum recovering to break all-time highs, President Trump announced a Crypto Reserve listing Ethereum as one of the 5 coins in the Crypto reserve. We saw a nice pump in price the day of announcing the Crypto Reserve followed by a continuation of a sell off.
Key level of support $1,980
The Key level to stay above is around $1,980 breaking below that key level would result in a crash ultimately down to the $1,500's
This key level of support is critical that it holds as if it does hold i would assume in the chart depicted above we would create a Symmetrical Triangle. I would expect Ethereum to have a breakout of the symmetrical triangle within the next 500 days.
Currently the overall crypto markets look uncertain i personally believe we have started a 1.5 year bear market i don't think we will go much lower but i do believe there will be alot of sideways price action for months to come.
If you found value in my technical analysis Ethereum make sure to smash that like button and give me a follow.
ETH NEW ANALYSIS (1D)A more comprehensive analysis for Ethereum is as follows:
It seems that wave E of our Diametric is nearing completion. For wave F, Ethereum should experience upward retracements and spend some time consolidating.
The best zone for the completion of wave E is marked on the chart as the upper green box.
The optimal rejection area for price to move downward and complete wave F is marked by the red circle. Now, we wait to see whether the price reaches this zone for wave F or not.
Wave G may have two potential targets: either the upper or lower green box at the bottom of the chart.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You