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Ethreum

ETHUSD - MY BEARISH SCENARIO DESPITE ALL THE HYPE (TARGET 2100) Yes I know it's bullish on paper but here's a contrarian idea to bring some perspective. What's do we see? (follow the numbers on the chart) 1) The high that's the base of the resistance trendline. 2) A breakout structure that presents sellside liquidity (potential target). 3) A major consolidation that gives a lot of sellside liquidity which to me is a big driver of this bearish analysis. 4) This is a big breakout that led to a lot of hype. What if ETH breaks free from its Bitcoin chains? Well I don't believe it. Right now Bitcoin is still the driver of the crytpo market and that's just fact. 5) The high, aka buyside liquidity, that isn't random. It ended perfectly at the top of the weekly FVG. This to me justifies the consideration of a bearish scenario, ESPECIALLY because BTC is also bearish in my eyes. 6) A re-entry of the range. This is typical for most price action. 7) Liquidity taking. Those lows are just too attractive to not be taken out. But again who knows? Anyways thanks for reading and happy trading! ;)
BINANCE:ETHUSDShort
by Lexi_Is_Trading
2
The ETHUSDT chart is showing some positive developments.Firstly, what I'm saying is not to be considered as investment advice; it's just a cautionary note. If you take a slightly broader look at the Ethereum chart since the beginning of October, you'll notice a nice and well-behaved channel that has formed. ETH is currently at the bottom of this channel and has also formed a very nice "falling wedge" pattern. If you're not aware, falling wedge patterns are often indicative of an upcoming upward movement. Most likely, the price consolidation here will lead to a move towards the 2900 region, drawing strength from the bottom of our ascending trend channel. However, before this happens, a fake breakdown of the lower zone, i.e., a spike below the channel, is also possible. Remember, what I'm describing is only meant to provide guidance, not the actual path. Good day and profitable trading.
Long
by TonyStellar
3
Very interesting Elliott Wave structure...Luna 2.0 or Terra 2.0 is the new token that emerged from the hard fork of the Terra blockchain network. LUNA2 aimed to rescue the Terra Luna ecosystem following the collapse of the UST stablecoin in May 2022. Most of Terra's dApps and features migrated to the new chain. @threads #love #ınstagood #art #photooftheday #photography #crypto #bitcoin #cryptocurrency #blockchain #ethereum #btc #forex #trading #money #cryptonews #cryptotrading #bitcoinmining #cryptocurrencies #investing #eth #investment #bitcoinnews #bitcoins #nft #business #invest
KRAKEN:LUNA2USDLong
by EndlessCode
ETHEREUM will beat BITCOIN this time?GREAT WEEKEND EVERYONE Bullish on Ethereum primarily because of the ETH/BTC CHART. I am of the opinion that 2500 can come, which is also 0.618 fib from the highest peak to the bottom on June 24. We can discuss the enters: it's all up to you, enter DCA, enter now, wait for 200 Dma, 100 Dma, 0.5 fib. I am of the opinion that momentum is growing on the indicators and it may happen that we will not even reach those prices, my first entry is at 1940. Waiting for 1870 and then 1800. Liquidation under 1700
Long
by learnfromfailure
8