Get started

Ethlong

How should we analyze ETHUSDT? I have written about the reasons Ethereum has been the most talked-about asset during this downturn. ↪ Each time it showed a decline, the drop was sharp and rapid, consistently forming new lows. As a result, it has significantly lost trust among retail investors who were primarily focused on buying. Here is the daily chart of Ethereum. The overall structure and range are formed using two supply zones as key levels along with a single range. I am currently using two key levels as my primary reference: 1. The support zone that held during the decline in early February. 2. The resistance zone that formed when the previous low was broken. ✔ Despite the new low being established, I have set the range as shown above because it is still too early to confirm a complete breakdown of the lower range. ✔ As shown in the chart above, we have yet to see a full-body candle close below the lower range. Additionally, the key level at the bottom continues to provide support. If we do see a decisive full-body close below the lower range and the key level no longer holds as support, we can conclude that the liquidity sweep at the lower range has failed to remove sufficient liquidity. A Range Sweep typically occurs when there is a well-defined range with clear highs and lows. It refers to a scenario where price temporarily breaks out (or breaks down) beyond this range but closes back inside, leaving a wick. This movement goes by different names, such as Range Sweep, Stop Hunt, and Fake Out, but they all serve a distinct purpose. The Role of Smart Money in Liquidity Sweeps Market-controlling entities, often referred to as Smart Money, tend to move in the opposite direction of retail traders. Their primary objective is to eliminate as many retail positions (liquidity) as possible before triggering a sharp price reversal. Retail traders generally follow simple trading patterns: • They tend to chase price moves, entering long positions as the price rises and short positions as it falls. • They often place stop-loss orders at the most recent swing high (for shorts) or swing low (for longs). Smart Money exploits this predictable behavior by targeting these stop-loss orders to clear liquidity and then reversing the price direction. Key Liquidity Concepts • BSL (Buy-Side Liquidity): Liquidity from short positions’ stop-loss orders resting above key highs. If price touches these levels, a reversal may occur. • SSL (Sell-Side Liquidity): Liquidity from long positions’ stop-loss orders resting below key lows. If price touches these levels, a reversal may occur. Liquidity Sweep in Action Liquidity sweeps follow this mechanism: 1. Price breaches a key level (either a high or a low). 2. Stop-loss orders trigger, increasing liquidity. 3. Smart Money absorbs liquidity and reverses price direction. Understanding this concept and identifying liquidity sweeps in real-time can significantly enhance your market analysis and trading strategies. Keep an eye on these setups, as they can provide high-probability trade opportunities. The explanation about liquidity sweeps became a bit lengthy in the middle. Ultimately, I still see Ethereum’s current price action near the daily low as part of an ongoing liquidity removal process. If it breaks above the trendline resistance and the key level within the internal range supply zone, signaling a trend shift, we could target a move up to the range high of $4,100. ▩ Key Takeaways from This Perspective: The Method and Purpose of Liquidity Sweeps To successfully trade the movements that follow liquidity sweeps, it’s crucial to understand that positions should not be taken during the liquidity removal process itself. If liquidity is being swept on a higher time frame (HTF), the top-down analysis approach should be used to identify reversal price action on the middle and lower time frames (MTF, LTF) before entering a trade. In my next analysis, I will likely discuss how to correctly follow price reversals after liquidity sweeps and how to position accordingly. Thank you.
Long
by Taegwon_V_Trader
weekly chart for ETH/USDT. The weekly chart for ETH/USDT shows Ethereum trading within a descending triangle structure, with the lower support trend line indicating potential price stability around the $2,400 level. The upper resistance line is seen near $3,600. Currently, the price is at around $2,445, having recently declined by around 2.89%. The chart suggests potential upward movement if the price breaks above the resistance line, which could test the previous highs. Key Levels to Keep an Eye on: If Ethereum can break the resistance, the bullish momentum could strengthen; conversely, a drop below the support could indicate a bearish trend ahead. It will be important to monitor volume and market sentiment for the next action. If you found this analysis helpful, hit the Like button and share your thoughts or questions in the comments below. Your feedback matters! Thanks for your support! DYOR. NFA
by CryptoSanders9563
ETHUSDT Long by TeamPWRTradesTeamPWRTrades ETH Long Idea Although the general Crypto market has been showing weakness, we are expecting Bullish movement for ETH in the next coming days. Based on Daily candles there is still a possibility of ETH heading towards it's daily support zone at 1800. Our team recommends using low leverage 1-2% of capital for this trade due to the daily volume signaling a possibility of ETH reclaiming 2500-2800 zone. Enter 1: 2160 2: 2210 TP1: 2500 TP2: 2800 SL: 2088 Trade Active Happy Trading, TeamPWR
Long
by TPTCrypto
4
Ethereum Market OverviewThis analysis builds upon the previous technical outlook, identifying three key patterns on Ethereum’s daily timeframe: 1. Ascending Channel Ethereum has been trading within a well-established ascending channel since 2018. Each time a new all-time high (ATH) is reached, price consistently tests the channel’s resistance, while the major support level was formed on March 23, 2020, creating a strong demand zone that remains intact. Currently, ETH has reached the lower boundary of this channel at $2,128, a key support level. If a bullish reversal occurs, the next upside target aligns with the ascending channel resistance at $8,463. 2. Symmetrical Triangle A symmetrical triangle pattern has been forming since March 23, 2020, with its support level coinciding with the lower boundary of the ascending channel. A confirmed breakout above $3,600 would validate this pattern, triggering a bullish AB=CD extension, with a price projection towards $8,463. 3. Fibonacci Retracement Currently, ETH is testing the 0.618 Fibonacci retracement level, a critical zone for potential trend reversals. If this level holds against bearish pressure, the next bullish projection aligns with the 1.618 Fibonacci extension at $5,319. Breakdown Risk & Buyback Strategy If the current support level fails, ETH could see a maximum downside correction of -26%, targeting $1,600. This level presents a high-probability buyback opportunity, offering a potential +437% upside, should Ethereum rally towards its extended price projection at $8,463. This analysis underscores the importance of risk management and technical confirmation signals before executing any trades.
COINBASE:ETHUSDLong
by AzrulAzir
5
ETH Movement (2595 to 3020) - Going Long By BrokerirBased on our technical analysis, the asset is currently in a well-defined bullish structure, with price action suggesting an upward movement from 2595 to 3020. Several confluences, including trend strength, key support-resistance levels, and technical indicators, reinforce this bullish outlook. Key Technical Levels Primary Support Zone (2595-2620): This region has historically acted as a demand zone, where buyers have consistently stepped in to push the price higher. A price rejection from this level indicates a strong accumulation phase. Intermediate Resistance (2730-2750): A significant short-term resistance zone, where price may experience temporary consolidation. If this level is breached with strong volume, it could confirm further upside potential. Main Resistance Zone (3020 - Key Target Level): A major supply zone where price has previously struggled to sustain gains. If momentum remains strong, this could be the next key level to watch. Technical Indicators & Price Momentum Trend Structure: The price has been forming higher lows, indicating sustained buying interest. The market structure remains bullish as long as price stays above the 2595 support level. Moving Averages: 50-Day MA is sloping upwards and providing dynamic support, confirming short-term bullish momentum. 200-Day MA remains in an uptrend, indicating a long-term bullish bias. RSI (Relative Strength Index): Currently positioned in the 55-60 range, suggesting positive momentum but still has room to push higher before reaching the overbought zone (>70). If RSI surpasses 65, it would further confirm buying strength. MACD (Moving Average Convergence Divergence): A bullish crossover is evident, signaling increasing upside momentum. The histogram is expanding, further reinforcing the positive trend. Volume Analysis: Recent bullish moves have been supported by higher-than-average volume, which indicates institutional participation. If volume remains strong, it increases the likelihood of a successful breakout beyond 2750 toward 3020. Market Sentiment & Potential Scenarios The overall sentiment remains bullish, as institutional buying pressure is observed near support zones. The market is forming a higher timeframe bullish continuation pattern, which, if confirmed, could lead to further price appreciation. A clean break above 2750 with increasing volume would act as a catalyst for further gains toward 3020. Conclusion The Brokerir Technical Team has identified a strong bullish structure supported by key technical indicators. As long as the 2595 support holds and price maintains momentum above 2750, the 3020 target remains achievable. However, traders should remain aware of macroeconomic factors and market volatility that may impact price movements.
BINANCE:ETHUSDLong
by SasanHATAM
ETH/USD - Technicals and Fear Index Point to Upside!Welcome to another Wolf of Blockstreet analysis where I take a look on ETH/USD! On the weekly timeframe, we can observe a significant market structure since the last low in September 2024. ETH in 2024 underwent an ABC correction into a strong support zone, followed by a massive wick up. This was followed by two bullish weeks, establishing a higher high, and then a wick fill down that set up a double bottom pattern. This could be happening again. Additionally, we see a long-term support trendline in play here, reinforcing the bullish setup. At the same time, the Fear and Greed Index is at a historically low level, signaling extreme fear in the market. As of February 27, 2025, the index stands at 10, which is even lower than the fear levels seen during the FTX crash in November 2022. Historically, extreme fear in the market has often represented one of the best times to buy, as it tends to be followed by a recovery and upward movement in prices. The double bottom pattern on ETH/USD, combined with the extreme fear indicated by the Fear and Greed Index, could signal a potential reversal to the upside. My key area to look for long-term buying opportunities lies in the $2000-$2200 range. This zone provides strong support and could serve as an ideal entry point for those looking to accumulate ETH for the long run. However, this idea would become invalid if we see a weekly candle close below this range, indicating a potential shift in market dynamics. While both the technical analysis and market sentiment suggest a bullish reversal could be on the horizon, we need to see confirmation here and the cryptocurrency market remains highly volatile. Investors should conduct thorough research and be aware of the inherent risks before making any trading decisions. For more updates you can follow me on X: @PuppyNakamoto
BINANCE:ETHUSDLong
by WOLFofBlockStreet
VIX daily - opex weekend at 28th FebWe are heading into an OPEX this 28th of Feb. Volatility is running and seems like fear is all over. Crypto is crashing and people are talking about fear and losing everything.... Well, the big whales are buying the dip and Eric Trump just tweeted about buying the dips. For having a bottom process, it is essential to see the TVC:VIX hit that 23-25 area while its #RSI should be around 70 on the Daily chart. In that way, we are more likely to have the bottom area and see the market turn and hard. The US10Y is now at 4.3% which is going down and pushes the NASDAQ:TLT to higher prices. I lean to the local bottom around 580-585 in the AMEX:SPY with a nice capitulation move that seems to be coming exactly with the OPEX and with liquidity issues in the entire market and in crypto. I am looking to buy the dip and keep adding to my long positions in crypto. CRYPTOCAP:AVAX CRYPTOCAP:ETH CRYPTOCAP:BTC $PAAL $DSYNC $AINTI AMEX:NHC LSE:ALU MYX:ASTRA $XBG and much more.
BITSTAMP:BTCUSDLong
by thestockspicker94
Ethereum Near Key Support: Ready to Bounce to 2,900?COINBASE:ETHUSD is approaching a significant support level, marked by historical price reactions and strong buying interest. This area has consistently acted as a key demand zone, signaling the potential for a bullish reversal if buyers regain control. If the price confirms a rejection within this demand zone, I anticipate an upward move toward the 2,900 level, which aligns with a key resistance area and a logical retracement point. The confluence of the demand zone, volume profile support, and long-term trendline strengthens the case for a bullish bounce. Traders should monitor for bullish confirmation signals, such as bullish candlestick patterns, higher lows, or increasing volume near the demand zone, to validate potential long positions.
COINBASE:ETHUSDLong
by DanieIM
16
ETH/USDT 1H: Bearish Momentum Persists – Targeting $2,600 ?ETH/USDT 1H: Bearish Momentum Persists – Targeting $2,600 Before Potential Reversal? 🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates! Current Market Structure: Price at $2,650 showing bearish momentum with multiple bearish RSI divergences. Broken bullish structure with lower highs and lower lows indicates a strong downtrend. Market Maker Activity: Market makers are pushing price down after distribution at the $2,800-2,840 supply zone. Accumulation is likely to occur around $2,600 if support holds. Key Levels: Resistance: $2,820-$2,840 (supply zone). Support: $2,620 (immediate support). Critical Support: $2,600 Trade Setup (Confidence 8/10): No long entry is recommended at this time. Wait for a reversal confirmation and the formation of a bullish order block before considering longs. Risk Score: 7/10 – High-risk environment with multiple bearish signals and declining volume on bounces. Recommendation: Wait for now. The bearish signals include: Consistent bearish RSI divergences. Price rejection at the $2,840 supply zone. Declining volume on bounces. Monitor for a reversal confirmation; if support at $2,600 holds, accumulation may set the stage for a potential reversal. 🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates!
by Cryptokijker
BITCOIN : Important support for the price of the last hope!hello friends With Bit analysis, we have two scenarios: 1_ The price will return to the important support of 92 thousand dollars or even 90 thousand dollars and from there I will see the growth of the new wave of bit. 2- The important support price should break and continue to fall, and within the specified range with confirmation, we can enter a new upward wave. What do you think? Will important support be lost? In our opinion, due to the continuation of the trend and because the volume of sales has not happened, the first scenario is more likely and its target is 115-120 thousand dollars. *Trade safely with us*
Long
by TheHunters_Company
#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 bounce from the lower limit of the descending channel, this support is at a price of 2660 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 2694 First target 2735 Second target 2773 Third target 2828
BINANCE:ETHUSDLong
by CryptoAnalystSignal