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Ethlong

Ethereum Skyrockets: Next Stop $5,400?Ethereum indicates that we are now approaching the completion of Wave 3, which is expected to be between $3,274 and $5,400. There is potential for an increase in the coming days that could drive prices significantly higher. However, the 161% extension level within Wave 3 is seen as very important and significant, and the resistance line at $3,581 could become a major hurdle. Accordingly, preparations for a retreat to Wave 4 are being made, based on the subordinate wave structure, which is expected to be between 38.2% and 61.8% and would place it between $2,600 and $2,200. Nevertheless, there is still considerable potential for an upward movement to complete the overarching Wave 3, which is likely to coincide with the previous peak of Wave 5 at $2,400, representing an almost 72% increase. Such a retreat is considered crucial at this stage of the market, as it provides an opportunity for a subsequent rise and the possibility to "flush out cheap money" from the market, thus setting the stage for healthier market dynamics in the future.
CRYPTO:ETHUSDLong
by stromm_by_wmc
2
ETH/USD Analysis (7th April 2024) ETHUSD Analysis On the 4 hour timeframe, price created a retracement after creating the all time highs at 4091. After retracing, price action created a bullish CHOCH with a body candle close at 3389.10. This indicates bullish continuation is possible after some retest of the bullish orderblock. The most recent price action retested the orderblock and has created another bullish Change of character with a wick candle closure above the level 3388.86. Ideally i want to see price break above 3439.81 with a body candle close to look for longs. Else, should price go bearish, I want to see 3216.44 get broken below with a Body candle close, looking for a break and retest to continue shorting.
BINANCE:ETHUSD
by CallistoFX
ETH/USDT 4HOUR CHART UPDATE !!Hello friends, welcome to this ETH/USDT update from Crypto Sanders. Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the ETH 4-HOUR update. Looking at the chart of Ethereum, it seems that there can be a bounce from here and along with this, other ALTCOIN will also bounce. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
ETH/USDT 4HOUR UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH/USDT update from Crypto Sanders. Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the ETH 4-HOUR update. Looking at the 4-hour chart, the recent market consolidation seems clearer. The price created a rising wedge and broke it to the downside, which is a classical bearish continuation pattern. While ETH is approaching the 3,000 support level, the RSI is dropping below the 30% mark, which indicates ETH is oversold in this timeframe. Therefore, it might only be a matter of time before the price rebounds higher, probably from the 3,000 support zone. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
ETH $20k Bull Run Price ForecastA few members have asked me about my prediction for ETH in the bull run. I want to start by saying I don’t like to make these predictions because a lot of things can change over time, such as the ETH ETF gets approved or ETH could experience a string of bad events. But based on TA, there is a red resistance target to consider for this upcoming bull run that gives a forecast around $20k by Sept 2025, which is when I think the crypto markets could peak. I think ETH could have several touches at this red resistance line throughout the bull run, and I think this will be a key resistance target to consider over the next few months.
BINANCE:ETHUSDLong
by realchartchamp
ETH: BEGINNER FRIENDLY ✅ Methods for Predicting Ahead For those who have been following me here for the past three years, you'll know that I usually never miss an opportunity at a April Fool's prank. However, today's post is NOT one of them. Instead, I'm going to take a turn and do a post that may be of real value to many investors and speculators at this point in the market cycle. We'll specifically use ETH for this example but these methods can be used across ALL MARKETS. Understanding the crypto/stock/forex markets can feel like stepping into a vast ocean of numbers, trends, and predictions. As an investor, you might wonder which pricing information is truly crucial: is it the current price or the future selling price? Interestingly, many investors look beyond these immediate numbers and delve into historical pricing data to guide their decisions. But does recent pricing history actually provide reliable insight into future market movements? Let's explore four perspectives on this topic and dive into the academic research supporting each viewpoint. ❕1. Momentum: Riding the Wave Picture yourself on a surfboard catching a wave. Momentum in the stock market is somewhat similar - it's about riding the wave of market trends without fighting against them. Think of it as the market's way of saying, "Go with the flow!" Behavioral finance tells us that investors tend to flock towards rising stocks out of fear of missing out or driven by greed. Academic studies, like the one by Narasimhan Jegadeesh and Sheridan Titman in 1993, suggest that stocks which have performed well in recent months are likely to continue outperforming in the short term. However, this momentum effect seems to reverse over longer periods, hinting at something called mean reversion. ❕2. Mean Reversion: Finding Balance Experienced investors often preach the gospel of mean reversion - the idea that over time, markets tend to return to an average value. This phenomenon isn't limited to stocks; it can be observed in various economic indicators like GDP growth or interest rates. While some studies support mean reversion in certain datasets, it's not a universal truth. It might take years, even decades, for these subtle shifts to become apparent. ❕3. Wyckoff Method : Planning WAY ahead The Wyckoff Method is a technical analysis approach to trading in financial markets, particularly stocks. Developed by Richard D. Wyckoff in the early 20th century, it focuses on understanding the intentions of large institutional players, such as smart money, through the analysis of price and volume. The method emphasizes the principles of supply and demand dynamics, as well as market sentiment, to identify potential trends and trading opportunities. Traders using the Wyckoff Method typically study price charts, volume patterns, and market phases to make informed decisions about when to buy or sell securities. Overall, it aims to provide a framework for interpreting market activity and making more effective trading decisions. ETH is clearly in profit release phase atm: ❕4. The Search for Value: Digging for Diamonds Value investors are like treasure hunters scouring the market for undervalued gems. But this method also accounts for knowing when the price is over- or under valued at its current level. Valuation Metrics include: Market Capitalization (Market Cap): Compares a crypto's total value (price x circulating supply) to similar projects. A high Market Cap relative to peers might indicate overvaluation. Network Value to Transaction (NVT) Ratio: Divides Market Cap by daily transaction volume. A high NVT suggests potential overvaluation, while a low NVT might hint at undervaluation. Both ETH (436 at time of writing) and BTC (417 at time of writing) have a relatively high NVT ratio, which could be an indication of overvaluation. ❕Long-Term vs. Short-Term Investing: Investors should consider their investment goals and time horizons when formulating strategies. Long-term investing typically involves buying and holding assets for an extended period, while short-term investing focuses on capitalizing on immediate market movements. Each approach has its advantages and risks, depending on individual circumstances and preferences. The long and short of the matter here is buying low and selling high. Two methods for TECHNICAL PRICE PREDICTION: 1) Fibonacci Fibonacci can be helpful to speculate future price targets by using it on a macro scale: 2) Logarithmic Analysis Find more information on ETH LOG here:
by CryptoCheck-
1
ETHUSD LONG - Mar 24 (⛈️ Trapping Lighting v1)Strategy: ⛈️ Trapping Lighting v1 This strategy focuses on assets that are overall bullish either because of fundamentals or sentiment. They should be relatively simple chart behaviours with volatility dips that could be due to profit taking after hitting key levels or events. As long as the event or news does not change the bullish sentiment or fundamentals. I backtested a variant of this strategy on Tradingview by creating a strategy script with the help of ChatGPT. I then scripted the indicator with ChatGPT. ChatGPT FTW! Timeframe Oct 23 - March 24, because the market situation is somewhat similar to current Both ETHUSD and BTCUSD had slight tweaks based on the number of previous red candles before it indicated a potential condition. On the auto back test, I entered every trade if certain conditions were met and price crossed the 24 candle low. Performance of the backtest Sharpe Ratio: 0.414 Sortino Ration: 1.036 Profit Factor: 1.889 30 Trades - Winning: 18 Losing: 12 For live trading, I will only enter a trade if price is close/crosses a key price point which I will plot on the daily charts.
OANDA:ETHUSDLong
by Ronin_trader
2
ETHUSD Return to $4000: Setting the Stage for Continued GrowthIn the Ethereum market, identifying crucial buying zones and investor order block areas is fundamental for anticipating significant price movements. Within this context, the primary buying zone and investor order block for whales are identified within the range of 3250 to 3330 for Ethereum. This range serves as a magnet for institutional investors and large traders, commonly known as whales, who strategically accumulate Ethereum at favorable price levels. The significance of the 3250 to 3330 range lies in its historical role as a strong support area, where buying pressure typically intensifies. Institutional investors recognize this range as an opportunity to accumulate Ethereum at a perceived discount, leveraging their substantial capital to establish sizable positions. Additionally, this range often coincides with key technical levels or psychological price points, further reinforcing its significance as a buying zone. Moreover, the presence of investor order blocks within this range underscores its importance as a strategic accumulation area. Investor order blocks represent clusters of buy orders placed by institutional investors, indicating their collective interest in accumulating Ethereum at specific price levels. These order blocks serve as formidable support zones, absorbing selling pressure and providing a foundation for potential price rallies. Looking ahead, the target for Ethereum's price movement beyond this buying zone is projected at a gain of 25.5%, equivalent to approximately 80 pips. This target represents a significant upside potential from the lower end of the buying zone, indicating the possibility of substantial growth in Ethereum's value. Achieving this target would likely require a strong bullish momentum fueled by increasing demand and positive market sentiment. In summary, the range of 3250 to 3330 emerges as a critical buying zone and investor order block for Ethereum, attracting institutional investors and whales seeking to accumulate significant positions. The establishment of this range as a strong support area, coupled with the anticipation of substantial growth targets, sets the stage for further upside potential in Ethereum's price trajectory. Traders and investors keen on capitalizing on Ethereum's potential growth should closely monitor price action within this range and assess market dynamics to make informed trading decisions.
Long
by MOAZAM1133
2
Bullish ☀️ Shines on ETH, Upside Potential For The Entire WeekThe deadline for the Securities and Exchange Commission (SEC) to decide whether to approve or reject eight spot Ether ETF applications on its table lapses in less than two months. However, there seems to be little contact with the concerned asset managers, contrary to last fall prior to the approval of the first nine spot Bitcoin ETFs in the US. “Re Eth ETF approval, we are holding the line at 25% odds altho tbh it is a very pessimistic 25%. The lack of engagement seems to be purposeful vs procrastination. No positive signs/intel anywhere you look. Personally hope they do approve it but it just ain't looking good,” Bloomberg’s ETF analyst, Eric Balchunas, said. The Chief Legal Officer of Grayscale, Craig Salm remains confident of their approval. “In the final months leading up to #Bitcoin ETF approval, @Grayscale and others received positive and constructive engagement from the SEC. We had thoughtful conversations and discussed the finer details of creation/redemption procedures, cash v. in-kind, APs, LPs, custody etc.” “All of these issues were figured out and are identical when comparing spot #Bitcoin to #Ethereum ETFs. The only difference is rather than the ETF holding bitcoin, it holds ether. So in many ways, the SEC already has engaged and issuers simply have less to engage on this time,” Salm added. The price of Ether fell 1.4 percent to $3,609 over the past 24 hours. Mixed trading conditions lie ahead for the global crypto market in the next 24 hours, with a bullish sun shining over Bitcoin and Ether. Bearish clouds, signaling downside risks, linger over Ripple’s XRP, Cardano and Binance Coin. The forecast is sunnier over a one-week horizon, with all cryptocurrencies covered by ATTMO likely to profit from upside potential, Ethereum included. Follow us for more crypto weather news and reports!
BITSTAMP:ETHUSDLong
by ATTMO
ETH/USD Trading Analysis: Loading Zones -> $10kIn this ETH/USD trading analysis, we explore the market movements since July 2022, highlighting the formation of a harmonics pattern and the confirmation of the previous low loading region as support. Notably, the market breached resistance around the $2000 mark, indicating a significant bullish momentum. Further analysis at the daily timeframe reveals a trend of treating the loading zone, particularly at the monthly level, as support, potentially signaling the confirmation of another loading zone. Anticipating future movements, it's likely that the market will consolidate sideways, with $4000 acting as resistance and the $2000 level being revisited as support before another bullish push. However, it's crucial to monitor the developments closely, as a break above $4000 could lead to it being treated as support, altering the trajectory of the price action. Regardless of the short-term movements, long-term targets are set at $10,000. As always, it's essential to remember that trading involves inherent probabilities, and the analysis provided here does not constitute trading advice. Traders are urged to conduct thorough research and manage their risks accordingly. Dollar-cost averaging is emphasized as a reliable strategy, with a reminder that investing often outperforms frequent trading. Wishing all traders success and profitable trades. Keywords: ETH/USD, trading analysis, harmonics pattern, support levels, resistance levels, sideways consolidation, bullish momentum, price targets, dollar-cost averaging, investing, risk management, trading advice.
KRAKEN:ETHUSDLong
by PlutusX
1
Trading Signal For ETHUSDT Ethereum Trading Setup: There is a Trading Signal to Buy in ETHUSDT Ethereum (4h) (Futures) Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 3284.0 ⭕️SL @ 3034.0 🔵TP1 @ 4046.0 🔵TP2 @ 4800.0 🔵TP3 @ 5419.0 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments .
Long
by pullbacksignal
1