#ETHUSDT LONG#ETH
Since the beginning of December, Ethereum has been moving well, breaking the patterns it created
On a 4-hour frame, breaking the downward trend of corrections
We now have a break in the downtrend for correction and the beginning of an expected rise
Current price 2300
Expected target 2437
This rise is supported by bullish momentum
And strong support areas
Ethreum
ETH GameplanNotes to myself:
1- ETH is sitting at Monthly resistance and had a closing above during December.
2- Cumulative delta flipped on 4M basis. 4M basis bullish bias. 1st targets range.
3- 6M basis closed below Quarter basis support suggesting this is a reactionary trend into 6M basis range.
4- No expectation of a new high because of the settlement below $1235.
5- Long term support is $758.
Conclusion:
- Short term bullish
- Mid Term bullish with swings
- Longer term... New lows.
Ethereum's Dilemma: Surge to $2,500 or Face Decline?Ethereum traders are at a pivotal point as $2,300 proves to be a crucial battleground. Sustaining upward momentum here could lead to a significant rally towards the coveted $2,500 resistance, instilling renewed market confidence. Conversely, bears aim to breach the $2,200 support, potentially triggering a notable downturn with $2,000 as a possible target. The increasing availability of Ethereum on exchanges adds complexity, highlighting the delicate balance between market sentiment and technical factors shaping Ethereum's future path.
ETHUSD H4, Looking for a LONG ✅Hello Traders!
This is my perspective related to ETHUSD H4. I see a retracement until approximately 2050, where we have an OB and also, an important resistance level at 2075.
After the manipulation, I will search for a convenient LONG TRADE entry at approximately 2100 level.
Follow, like, and comment to see the daily/weekly content:
www.tradingview.com
#ETH/USDT#ETH
The price of Ethereum has been moving in a transverse channel since July 2022
In the Occasional Price Range 1112 $ to 2112 $
We have now reached the upper limit of that channel and it represents a strong resistance.
Some downside expected for the support zone 1150 $
And the rebound from them in 5 bullish waves over the next 3 months, ending with a rise to 3500 $ levels.
#ETH/USDT
#ETH/USDT
After the big rise, we notice a sharp downward movement, which alerts us to the possibility of starting a deep correction at this point, which has engulfed several candles.
The presence of a strong and valid bearish candlestick pattern (CH) reinforces this potential correction. In addition, there are two large fair value gaps (FVGs) at the bottom, acting like magnets, potentially pulling the price down.
The movement will be to the support points shown on the chart
These are targets for the current decline
#ETH/USDT
#ETH
The price trades in a channel and respects the limits of that channel on a 3-day frame
The price is currently at the 1790 level. It is expected that the price will reach the 1984 level and then the 2210 level
The price is expected to bounce from the 2210 resistance level
The current rally is supported by upward momentum
If you like this kind of analysis don't forget to like and follow
ETH ETHEREUM Technical Analysis And Trade Idea ETHUSDLately, ETH has displayed a strong bullish trend. This video thoroughly examines and dissects this trend, closely analyzing price movements and identifying potential trade prospects by assessing various scenarios within the weekly and daily timeframes. Anticipate an in-depth exploration of price behaviors, market formations, trend assessments, and critical technical analysis components. It's crucial to emphasize that the content shared is solely for educational purposes and should not be interpreted as financial advice.
ETH - SHORT TERM | MID TERM OUTLOOKETH
As we can see here we are in a bearish consolidation pattern which is not speaking with the rest of the market - Is ETH wrong or is ETH the leading indicator?
Being unbiased looking at the data i will have to make the assumption we are going to have a pull back - Rising wedge and rejecting off of our top trend line for the third time sitting alongside a strong resistance\support zone - i am expecting a break down of this wedge at some point if we are able to break above then the markets really turn bullish and we can look for the highlighted box for eth MID term target zone - Altcoins will follow ETHs moves exponentially
ETHUSD how deep can u go?After a great bullish run last night, ETH stop at channel up resistance,
now we have 3 important level here :
2193.48 as higher high, and this level became new bullish confirmation
2132.77 are resistance from previous ascending triangle pattern and became classic support
2061.94 are fibonacci 0.618 support
the last important point at channel up support.
in the next wave, we will have correction or pullback,
but how deep ETH can go?
make sure you support this analysis to get a quick notification of every update.
I will update this analysis and try to buy at correction wave.
Btw, Im not trade with short sell, because i'm one side trader (bullish only)
ETH USD IdeaGreetings, fellow traders! Quick weekend recap in the crypto space: It's been a relentless ride, with prices surging day in and day out, triggering stop losses higher and higher. We've secured our TP2 payout, and given the wild 80% rise, we're cautious not to get greedy. It's essential to pay ourselves after a robust move.
Now, for Ethereum (ETH), we're considering two scenarios: 1. Continuing straight to tap into volume nodes, where there are most supply stop losses for market makers to exploit and pay themselves. 2. Seeing more sell orders with another retracement move before reaching the destination by the end of the year.
The crypto market is dynamic, and it's crucial to keep a vigilant eye on your assets and move with the market. This is the only way to ensure you pay yourself in this game. We'll keep you posted if anything intriguing unfolds. Peace out and happy trading!
ETHUSD Payback time :))CRYPTOCAP:ETH Still in stong bearish from the effect of small dump at BTC (previous analysis),
sadly my stoploss hit T_T
Right now ETH hit fibonacci support inside an ascending triangle pattern. This is bullish continuation pattern, target from this fibonacci are at $2216.66, but my target only at resistance pattern $2137
My plan are simple, buy with 2% risk at $2009.04 (fibonacci) and rebuy with 2% risk at support around $1973.36
with target 75% close at target 1 and close all at target 2.
If I got more support at this analysis, i will update more frequently in every key level.
click here if you wanna check my previous analysis
ETHEREUM Pair : ETHUSD ( Ethereum / U.S Dollar )
Description :
Completed Impulsive Waves " 123 " at the Daily Resistance Level creating Corrective Pattern " Triple Top " in Short Time Frame. We have Rising Wedge as an Corrective Pattern in Short Time Frame with " ABCD " Corrective Waves
Entry Precautions :
Wait until it Rejects / Breaks from Resistance Level
Impact of Dropping ETH/BTC Ratio and the Need to Trade BTC MoreI would like to draw your attention to an important development in the cryptocurrency market that requires our cautious consideration. The ETH/BTC ratio has experienced a significant drop recently, prompting us to reevaluate our trading strategies and focus on maximizing potential gains.
As you may be aware, the ETH/BTC ratio refers to the value of Ethereum (ETH) about Bitcoin (BTC). This ratio serves as a valuable indicator of market sentiment and can greatly influence trading decisions. The recent decline in this ratio suggests a shift in market dynamics, with Bitcoin gaining dominance over Ethereum.
While it's essential to remain cautious during such times, it's equally important to adapt and take advantage of emerging opportunities. Therefore, I encourage you to consider trading BTC more actively, leveraging the rising BTC dominance. By focusing on Bitcoin, we can potentially maximize our profits and navigate through this transitional period with greater confidence.
Here are a few steps you can take to optimize your trading strategy:
1. Stay Informed: Keep a close eye on market trends, news, and analysis to make informed decisions.
2. Diversify Your Portfolio: While focusing on BTC, it's also wise to maintain a diversified portfolio to manage risk effectively. Explore other cryptocurrencies that show growth potential and align with your investment goals.
3. Utilize Stop-Loss Orders: Implementing stop-loss orders can help protect your investments by automatically triggering a sale when the price reaches a predetermined level. This feature minimizes potential losses during volatile market conditions.
4. Leverage Trading Tools: TradingView offers a variety of technical analysis tools, such as charts, indicators, and signals, to help you identify trends and execute profitable trades.
Remember, trading in times of market transition requires caution and adaptability. By closely monitoring the shifting ETH/BTC ratio and focusing on BTC dominance, we can position ourselves for potential gains.