ETHUSD: Breakout to 6K or Drop to 2K? Key Levels to Watch!ETHUSD
Alright Mindbloome Fam, here’s the deal with Ethereum—keeping it super simple:
If we break 4100, I think we’re heading to 5K–6K. That’s where things could really get exciting.
But if we dip to 3K, we might see a pullback all the way to 2100. And if it goes lower? We’ll figure it out when we get there.
No need to overcomplicate it—just watch these levels and be ready. If you want to talk more about this or need some tips, check out my profile or DM me. Happy to help!
So, what’s your gut saying—do we pump or dump from here? Let me know!
Kris/ Mindbloome Exchange
Trade What You See
Ethidea
Ethereum (ETH/USD) Entering a Bullish Phase: Key LevelsEthereum is currently showing signs of strength as it enters a positive, bullish phase. Following a period of consolidation and recovery, ETH is gradually climbing towards a significant resistance level at $4,394, a price last seen in May 2021. This level remains a key psychological and technical barrier for ETH, and breaking it could determine the next major price movement.
Market Context: Bitcoin’s Role
The broader market outlook is also highly favorable, with Bitcoin (BTC) expected to maintain levels above $100,000 throughout December. This stability in BTC could provide the necessary momentum for Ethereum to approach its $4,394 resistance.
Potential Scenarios for ETH/USD:
1. Scenario 1: Pullback Before the Breakout
In the most likely scenario, ETH may approach $4,394 but face resistance, leading to a pullback towards the $3,300 range. This retracement would allow for consolidation before another attempt to break the key level. This scenario aligns with typical market behavior, where assets retest major resistance multiple times before a breakout.
2. Scenario 2: Breakout and New All-Time Highs
Should ETH successfully break through the $4,394 barrier, the bullish momentum could accelerate. This breakout would open the door for a sustained rally, potentially pushing ETH towards new all-time highs in the $6,000 to $6,500 range between May and July 2026. Such a move would signal a significant shift in market dynamics, fueled by broader crypto adoption and improved market sentiment.
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Technical Indicators and Key Levels:
- Support Levels:$3,300, $3,800
- Resistance Levels:$4,394, $4,800
- Target Range Post-Breakout:$6,000 – $6,500
In summary, while ETH is currently showing bullish signs, the $4,394 resistance level will be a decisive battleground. Whether ETH pulls back or breaks through, its long-term prospects look promising, especially if BTC remains strong. A successful breakout could set the stage for Ethereum’s next major rally, potentially reaching new highs by mid-2026.
AI Pattern Recognition Bot: Triangles, Cup and HandleH ello,
This is what my AI pattern recognition bot came up with:
AI recognized the following chart patterns: Triangle (White and Blue), Cup and Handle (Green)
Computing Resistances: Local Top - $3700 (Red), Triangle Tops - $3900-$4000
Potential Trade: Long until the psychological resistance at $6000
Target Price (Cyan): $6000
Stop Loss: Triangle Breakdown - $2000
AI recognized two different triangles on the chart: the white symmetrical triangle and the blue triangle. These triangles define the white and blue support and resistance levels. Furthermore, there is the red resistance level from local tops. If Ethereum can break resistances, it might visit the psychological target and resistance at $6000. If Ethereum falls to $2000, the triangles might break down, which would have a bearish indication. Historically, similar triangles usually break upwards with a 63.5% chance. Cup and Handle pattern often breaks up with a 70.5% chance. In general, I expect Ethereum to break the chart patterns upward and initiate momentum into the cyan target price.
Regards,
Ely
ETH (Crypto ETHEREUM) SELL TF H4 TP = 2286.86On the H4 chart the trend started on Sept. 27. (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 2286.86
This level, which I have outlined above, is certainly not a “finish” level. But it is the level that has the “highest percentage of hits on target.”
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
"Ethereum Price Set to Skyrocket – Expert Predictions Here’s my expert take on Ethereum’s price outlook: By the end of 2024, ETH could hit $5,064.63. In 2025, expect it to range between $5,044.68 and $6,078.17, with an average of $5,973.21. Looking ahead to 2030, ETH could skyrocket, ranging from $15,825.07 to $17,361.45, averaging $16,502.73.
Ethereum’s powerful blockchain is built for scalability, security, and decentralization, making it a key player in blockchain and DeFi innovation. What are your thoughts? Will ETH hit these numbers? Drop your comments below!
Waiting for level confirmation Followed by correction Waiting for level confirmation Followed by correction
At the moment, the ETH/USD trading situation is characterized by volatility, which is often seen in the cryptocurrency market. Ether (ETH) is at levels that can be both support and resistance, depending on current news and analytics. Investors are keeping a close eye on regulatory changes as well as the development of decentralized finance (DeFi) and NFTs, which could influence demand for Ether. Technical analysis shows some support and resistance levels where consolidation may occur. Market sentiment varies and traders are likely to continue to look for short and long term profit opportunities. It is important to keep in mind that changes in the global economy may also have an impact on the cryptocurrency market.
ETH target $2240 (sjort-term)4h time frame
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Entry: $2800
TP: $2240
SL: $2950
RR: 3.7
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(1) Still on the path of Elliott 2nd wave
(2) Need more momentum accumulation before 3nd wave starts
(3) Potential Head and Shoulders on 4h
(4) There is a buying opportunity at $2200~$2100
(4) Be careful and make sure to stop loss, the crazy pump is coming
ETH (Crypto ETHEREUM-USD) BUY TF H4 TP = 3347On the H4 chart the trend started on Aug. 08 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 3347
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
ETH can rocket from this level Well, strap in, because we're about to blast off into the stratosphere of cryptocurrency analysis! 🚀
According to the latest data, Ethereum (ETH) is currently trading around $2,672.89, with a projected increase of 5% in the next 30 days. That's a pretty solid boost, but is it enough to send ETH into orbit?
Well, let's take a look at the long-term predictions. By 2025, some experts are forecasting a potential high of $6,563, while others are even more bullish, predicting a whopping $10,200 by 2030. That's a lot of zeros, my friend!
But before we start counting our digital chickens, let's not forget that the crypto market is about as predictable as a cat on a caffeine high. There are a lot of factors at play here, including the upcoming Bitcoin halving, the approval of Ethereum ETFs, and the overall state of the global economy.
So, can ETH rocket from this level? The short answer is: maybe. The long answer is: it depends on a bunch of different variables, and even the experts can't agree on a definitive answer.
In the meantime, why not sit back, relax, and enjoy the ride? After all, isn't the journey to the moon (or at least the top of the crypto charts) half the fun?
#Ethereum updated; completed 22% of the 32% decline.CRYPTOCAP:ETH 1W updated;
Only 22% of our 32% decline target has been achieved. ✅
Another 15% drop is needed for the beginning of the bullish harmonic structure. ⏳
The $2900 level is the balance level. This will be possible as long as there are closures below it.
#eth #ethereum
ETH target 38004h time frame
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TP: $3880
SL: $3000
RR: 8.78
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(1) Potential double bottom is creating
(2) Left leg of double bottom mentioned above performed good support at 0.382 Fib projection
(3) This is an opportunity to add position for traders who followed previous trading plan
(4) $3880 is good to close "partial", not all, there is a higher target
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Previous analysis
Ethereum Price Forecast📊In the W1 , we had the same movements that caused the price to stop in those levels , and according to the past chart, we can expect a stop at the 3300$ and 4470$ levels in the next price movements, which will lead to a deep correction.
🔗 For more communication with us, send a message in TradingView.
ETH target 4700 (perp)4h time frame
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TP: $4700
SL: $2705
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ETH jumped out the substantial wedge structure, and had a drawdown to retest it. According to several times that ETH tested 0.382 Fibonacci projection, which build a robust bottom around $2850 for further pumping. Uptick is coming once ETH confirms this breakout, that will make an instant surge to $4700 in future.
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ETH target 4700 (perp)4h time frame
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TP: $4616~$4890
SL: $2575
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ETH is creating a potential wedge structure, that hasn't been confirmed yet. A standard structure is made of 6 six touching points at least, it's not completed due to lack of one more point on the wedge top. Also, there are two paths if we consider it as a continuation patter, first is the green one, that leave $2817 as the last low and keep going up, second is the red path, which make another low to build a robust bottom before pumping.
No matter what scenarios, they can reclaim $4800 in future if sustain continuation of the bull trend since $2171.
ETHUSDT: Is ETH About To Kick Off It's Next Bull Run?Hey everyone!
2023 turned out to be a great year, as expected!
2024 shaping up to follow similar footsteps.
ETFs are providing an on ramp for traditional finance money to enter the space, with the ETFs accumulating over 9B of capital in under a month.
As I was doing HTF analysis on ETH, this fractal comparison came to light.
Since I've seen it, I can't unsee it
1. Exact same ABC correction marks cycle bottom
2. 5 wave structure under bear market resistance
3. 2 rejections under bear market resistance (wave 1 & 3)
4. Fifth wave breaks bear market resistance
5. Exact same retest on 50 EMA & previous bear market resistance
Maybe the ETFs speed up the usual "halving pattern"?
This charts say 3K+ en route soon, invalidation being a break of the key!
Thanks for reading, please comment and like!