Ethlong
ETH rises to 5000
Ethereum continued to rise to a new high yesterday, and the bullish sentiment has not yet dissipated. It can be seen as the end of the upward trend, but there will still be some space above, so it will continue to rise.
The main reasons for looking at the rise are: the daily line has hit a new high again, indicating that the upward trend will continue, and the market will evolve from a five-wave structure to a nine-wave structure. Ethereum pressure is 4180~4390, and support is 3960~3910. For Ethereum operations, it is recommended to buy at 3695, stop loss at 3635, and target 4200~4500.
📈Ethereum overtake Bitcoin after Dencun update!📉BINANCE:ETHUSDT
COINBASE:ETHUSD
Ethereum can start an upward scenario on the eve of its update.
The condition for the occurrence of this bullish scenario is the stabilization of the price in the yellow range.
after that, the bullish scenario can continue up to the level of 0.06 and after stabilizing above specified level, it can go up to the channel.
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ETHUSD channel up support broken?ETH perform channel up and try to break channel up support right now.
We have buy zone around 3758 to 3891 to follow bullish movement,
and if this support broken, we still have fibonacci support at 3402
Bullish from this point at 4083 resistance, with maximum target at channel up resistance, around 4360
I will update this analysis if I found a new key level.
ETH - Up or Down Post Dencun Upgrade?The highly awaited implementation of Ethereum’s Dencun upgrade just happened. It will not only drastically cut the Ethereum blockchain’s transaction costs (gas fees), but also optimize data storage. Read more about the upgrade’s positive implications for users, developers and the Ethereum ecosystem as a whole here.
The price of Ether rose 0.8 percent to $4,058 over the past 24 hours.
The bullish sun continues to shine over large parts of the global crypto market, including Bitcoin and Ether, in the next 24 hours and week. This signals further upside potential, according to ATTMO. Avalanche bucks this positive trend and will face bearish clouds or downside risks in the 24 hours ahead.
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ETHUSDT - Up onlyThe current situation suggests a potential bullish trend for ETH/USDT. The fact that the MFI (Money Flow Index) on the weekly chart is at 82 indicates strong buying interest in the market. A high MFI value suggests that money is flowing into the asset, which could be indicative of a potential upward movement in price.
Additionally, the RSI (Relative Strength Index) at 68 on the weekly chart is moderately bullish. While not in overbought territory (usually considered above 70), an RSI of 68 suggests that there is room for the price to continue its upward momentum.
The RSI with a 58-period moving average (RSIMA58) may also be signaling a positive trend. If the RSI is above the 58-period moving average, it could imply that the recent price gains have been stronger than the losses.
Taking these indicators into consideration, it's plausible to suggest that ETH/USDT may experience an upward movement from its current value of 2400 to a range of 3400 to 4600. However, it's crucial to approach such predictions with caution, as market conditions can change rapidly, and unforeseen events can impact price movements. It's recommended to conduct thorough research and consider multiple factors before making any financial decisions.
ETHUSD LONG TERM BULLISH TRADELooking for a possible bullish continuation on the current bullish trend on ETH
This ter thee market broke above the 28/03/2022 high. This is the same high that I have been tracking on the BTC.
Looking for ETH to rally towards its ATH at 4951.83 .
A break of this high I will track the Fib extension high and looking for possibility of the market touching the 100 fib extension at 5750 followed by a possible test of the of the 1.272 fib extension at 7074.71 .
ETH - The ALTCOIN that CAN still x10🚀📉Hi Traders, Investors and Speculators of Charts📈
Ethereum has made an astonishing 6 consecutive green weekly candles. ETH is forever growing, with even more exiting developments on the horizon for this year. The Ethereum Foundation has announced the upcoming launch of the Dencun network upgrade on the Ethereum mainnet, following its successful activation on all testnets. Scheduled for March 13th , 2024, this upgrade mandates node operators and stakers to update their software.
With all of the development still happening mainly on ETH, I see a bright future for this altcoin as more adoption comes and market capitalization increases.
For the short term: From a technical indicator perspective and given how close we are to 4K, I think ETH increases a bit here before pullback, giving that often when we see "Overbought" in the weekly, there's usually a dip that follows the next weekly candle.
Make sure you check out this idea to get a better understanding of money-rotation between BTC and Alts:
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BITSTAMP:ETHUSD BINANCE:ETHUSDT
ETH BULLS NEW TARGET $4,300Everyone is building something and they build they will always come resistance.. and value is smiling and knowing resistance is just another way to grow..
ETH reach a resistance and fell sharply, price yesterday filled up the losses and ready to break higher.
The benchmark is seeking to bring to life that which has not yet exist..
Today I will be adding more positions to my existing position on ETH
PA will be flying from $3800 entry point..
1,500 pips in play here, lets watch PA travel to our target area..
Hey, instead of watching, join me on this train.. could be the best trade of your life.
ETH to $4,000 Before Dencun Upgrade? ☀️☀️☀️The price of Ether rose 1.2 percent to $3,854 over the past 24 hours ahead of the implementation of its Dencun upgrade next week. This upgrade will slash Ether’s transaction fees (also known as gas fees) which currently are at the highest level since May last year.
Separately, the SEC is seeking comments on BlackRock and Fidelity’s spot ETH ETF applications, notably asking whether Ether’s proof of stake mechanism and concentration of control raise concerns about potential fraud and price manipulation. Interested third parties have 35 days to file their comments.
“I think it is inevitable Ether is next,” the co-founder and co-CEO of HANetf Hector McNeil told cryptonews. “If Bitcoin can be approved and meets all the liquidity and asset class thresholds then Ether qualifies.”
A bullish sun continues to shine over Bitcoin and Ether in the next 24 hours and week, signaling additional upside potential. Litecoin, Binance Coin, Polygon and Uniswap should also benefit from this positive trading trend, ATTMO shows.
Dogecoin, Avalanche and Polkadot face bearish clouds and downside risks over the next 24 hours but should profit from the bullish sun over the longer one-week horizon. The opposite is expected for Ripple’s XRP and Cardano, where there is upside potential in the short term and downside risks in a week’s time.
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Daily Ethereum Update - March 5, 2024Since yesterday CRYPTOCAP:ETH has been showing more strength relative to Bitcoin, which is interesting since the spot ETH ETF was delayed yesterday and should have been bearish for ETH's price action. I think ETH is making some upward progress to the $3,944.66 price target discussed in previous updates.
ETHEUR Rainy SummerHi Traders!
so far so good ETHEUR
Now we seem to have a little problem though!!
we have a good resistance at about 1600..
if we keep it we will go up if not we will see lower numbers.
but in the long term we will see quite large numbers!!
huge caution with the SL AND TP
be very careful with Risk Management
ETHUSD BUYING ON DIPS !!!HELLO TRADERS,
I am watching Ethereum chart it is respecting the trend line and we have a great opportunity for buying this pair with a very low risk and higher rewards
The Number of addresses with a balance on the Ethereum network is increasing
Breaking above resistance zone could trigger a bullish phase towards $3,500
its just an trade idea kindly share Ur thoughts in comments we appreciate Ur love
stay tuned for more updates
DOGE MOON Vs ETH MOON MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space.
DOGE broke out very big from my last video , its not too late to get on board . It will have a nice move in very near future but watch the video to find out when it can moon . Very important information
It has very good structure and price action Similar to Ethereum last bull market
its a moon structure
Please watch the video for more information
have a great weekend
ETH/USDT 1DAY 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 1-day update.
A detailed examination of the daily chart underscores Ethereum’s robust bullish momentum, as the price undergoes a substantial and impulsive upward movement, reaching the critical resistance area represented by the prior major yearly high of 3.6K.
Despite the formidable barrier at 3.6K, Ethereum’s overall outlook remains highly bullish, with market participants largely anticipating a successful breach of this level in the coming weeks.
Such a breakthrough would likely signal the expansion of the uptrend towards Ethereum’s ATH, positioning the price for a new high in the medium term. However, until such a breakout occurs, the 3.6K price range is likely to serve as a containment zone for Ethereum’s movements.
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