Ethshort
"Ethereum Price Targets a 5% Increase, Testing $2,141 High"The price of Ethereum (ETH) is poised for a 5% increase, aiming to test the highest level within the $2,141 range before a potential correction. The trend-breaking tool continues to play a supportive role as a key level, with immediate support standing at $2,029, maintaining its position above the ETH peaks. Similar to Bitcoin, the RSI indicator is on the verge of crossing above the signal line, indicating the potential for an upward move.
However, if sellers take control, Ethereum's price could fall into the supply zone, acting as a trend-breaking tool, confirming a continuation of the southward movement by breaking and closing below the midpoint of this order block at $1,935.
The downturn may extrapolate, causing Ethereum's price to bring the trend-breaking tool back into the supply zone below the support level of $1,864.
ETH Looks Bearish; ☁️ Hovering Over - 24 DowntrendBearish clouds ☁️ linger over the global crypto market in the next 24 hours, signaling a downward trend for Bitcoin, Ether, and altcoins. Only Dogecoin sees a slightly bullish ☀️ break, hinting at upside potential, per ATTMO.
Over a one-week horizon, the ☀️ will return, shining over much of the crypto universe. Altcoins like Avalanche, Ripple’s XRP, Polkadot, and Polygon face lingering bearish clouds. ☁️
Follow us for more crypto weather reports!
ETH Ethereum Price Target If you haven`t bought the dip on ETH:
Then you need to know that Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion.
The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"!
The question arises: from where will these substantial funds be derived?
One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%.
Among the tokens impacted is ETH Ethereum.
I've set a short-term price target for ETH Ethereum at $1950.
Looking forward to read your opinion about it!
ETH Macro AnalysisEth is currenty making Bearish pennat Pattern as you all know about me that i m still bearish on BTC on Macro level.
But I trade BTC,ETH & ALts level by level regardless of beaish senerio
as you have seen my previous ideas regarding RUNE SOL APE and many more which i tell you to buy on dip with complete analysis & I also tell you about mini bull run in march .you can visit my wall to see that.
But i know that this not a real bull run, bull run will start in the end of 2025 or 2026 even if btc go to 80k$ its just manipulating.
My targets regarding Eth wil be 400$-700$.
i will buy it from there.
If you like my idea kindly like it and follow me
Thank You
Regards Hamza Shabir
#ETHUSDT hitting major HTF resistance.Ethereum is currently being traded at $2100.
A potential bullish scenario may unfold if there is a weekly close above $2130, which could initiate a rally towards $2700, encountering minimal resistance in higher timeframes (HTF).
On the flip side, the bullish outlook would be invalidated if there is a close below $1890.
To keep it short, I am bullish unless it breaks below $1900.
Futures Trade Setup:
- Long entry: Between $1923 and $2110
Targets:
- $2389
- $2522
- $2722
Stop Loss (SL): $1890
Risk-Reward Ratio (RR): 1:4
Disclaimer: This information is not financial advice, and it is crucial to conduct your own research before making any trading decisions.
Thank you,
#PEACE.
Ethereum Price Struggles to Maintain $1,935 Support LevelThe price of Ethereum (ETH) is at risk of losing a crucial support level at $1,935, marking the midpoint of the supply zone that has become a breaking point for the extended bullish trend ranging from $1,864 to $2,004. If the $1,935 level fails to hold firm, it could spell disaster for token holders, with ETH potentially sliding down to the psychological level of $1,800 or, in severe cases, rendering the bullish argument ineffective below $1,753.
Both the RSI and AO indicators support this outlook, trending southward as momentum continues to weaken. On the flip side, increasing buying pressure is substantial enough to demonstrate Ethereum's ability to overcome the supply barrier mentioned above at $2,009, fostering optimism and potentially propelling ETH back onto the upward trend. This could result in a price increase to $2,136, representing a 10% gain from the current level.
ETH Neowave - Elliott Wave Theory Analysis (Weekly - Long Term)In ETH, the Macro structure (if you can look at the chart more remotely) shows the most potential time limit as 113-117 weeks. At the same time, in the microstructure (close perspective), the same duration of waves A and C (since wave B is temporally much longer than A) would correspond to 113-117 weeks in the macrostructure.
(These time relationships are measured for the most common cases - it should not be expected to happen at that exact moment at that exact minute. It is only an estimate of the time horizon).
As a result, I expect it to follow the Yellow or Red path at this point.
The Yellow possibility is more likely to be justified by news such as ETH ETF approval, which may come in a fundamental sense. For this reason, this news should be followed up to date. Otherwise, the red possibility has priority.
I take a 1% risk on the trades. Since the formula of the line chart is different, I am thinking of using a manual stop. Options trading will be more suitable for this transaction.
I will share updates here.
Thank you for your support.
ETHUSD almost at resistanceETHUSD still at symmetrical triangle pattern.
If we look at previous lower high, it touch with a long shadow , so in this wave maybe $2,038 is the new lower high.
pullback from this position at fibonacci support or at triangle support around $1,957
maximum high for this wave at $2,074
Don't forget to support this analysis, Thanks.
Ethereum Price Signals Potential 60% Surge Ethereum is showing signs of a significant breakout, forming an ascending triangle pattern with three higher lows and three nearly equal highs since June 2022. A decisive weekly close above the $2,000 horizontal resistance could trigger a 43% surge to $2,943.
Currently, Ethereum is holding above the support of the Momentum Reversal Indicator (MRI) at $1,936, indicating potential strength. If Bitcoin's price remains stable, Ethereum is expected to rally towards $2,943, facing resistance at $2,539.
While the target is theoretically $2,943, Ethereum could surpass this and reach $3,186, implying a 60% increase. Conversely, a failure to maintain support above $1,936 may lead to a correction towards $1,795. A weekly close below $1,547 would invalidate the bullish scenario, potentially pushing Ethereum down to $1,309.
Overview of the ETH (global picture)Until October 23 , the picture was bearish, which motivated people to open short positions. At the moment, I expect growth to 2200-2400-2600 (which will be a bull trap in the classical sense). So far, the majority does not believe in such growth. Plus, they are catching up with positive news (when the price comes out, I expect even more good news). As a buyer, I am not very happy with positive news (look at the history)
"Ethereum Maintains Strong Position Above $1,935 Support Level" Ethereum's price maintains its position above the crucial $1,935 support level, which could spell doom for ETH if breached. With the RSI tilting upwards and AO staying in the positive zone, ETH may extend its upward trajectory, recovering above the $2,029 support to follow the upward trend. This could propel the second-largest cryptocurrency by market capitalization to reach its highest point at $2,136. However, in the face of increased selling pressure, Ethereum's price might dip below the $1,935 support. A decisive move below this level would confirm a downtrend, with ETH potentially testing the 25-day or 50-day EMA at $1,892 and $1,806, respectively.
In a more bearish scenario, Ethereum's price could target the 100-day EMA at $1,763, and breaking and closing below this level would invalidate the bullish argument below the $1,753 support.
Read also: Ethereum Price Prediction: Ascending Triangle Pattern Evaluates $4,000 Target for ETH in 18 Months.
$ENS BREAKOUT DONE What is a trendline break and how to trade it?
There is a breakout when the price crosses an important level. However, not all breakouts are created equal. There are preconditions for a breakout to be considered relevant:
Consolidation before the breakout.
A significant increase in trading volume.
Indicating investors’ enthusiasm to push the price as far as possible.
Regarding consolidation, breakouts often occur after forming a contraction pattern, such as a triangle or a wedge. During these market phases, the volume gradually decreases, and the amplitude of the movements does the same so that the price action evolves in a narrow range.
A sudden increase in volumes, as well as the exit of the price from the range, is often indicative of a new trend forming.
How to trade breakouts?
There are different ways to trade breakouts in the stock market, which are more or less aggressive depending on where you open your position.
ETH trade setup for 15th Nov 2023My setup yesterday was bullish, I only caught a 1:2rr. I didn't see other factors telling me to go bearish.
I was bent on being bullish, so I know and believe, setups can change. So learning to be dynamic is key and not holding to one belief of how the trade should pane out. However, it was a good day.
Today being, 15th Nov 2023, I'll be expecting a bearish scenario as outline on the chart. So I'll be expecting price to enter into the areas highlighted above and also the rectangle above for a reason to go short at specific time.
This is not a trade advice, please dyor
ETH Trade setup for 14th Nov 2023Eth has been bullish compared to BTC, so for me to trade this pair because it refused to make lower low but it also still took out some lows as an inducement to go short however, that's not the actually direction. It's direction is bullish to offset short traders. My possible scenario is for the market to trade into my zone at about 9:30am NY time today, then I can see what price is doing. If there be reasons to go long or short.
ETHUSDLONGSETHUSDLONGS
On the chart, there was a sharp collapse in ETH longs. This is a likely signal for a subsequent correction of the coin.
But this does not mean at all that the collapse will happen tomorrow or within a week. Perhaps the correction will follow only after six months.
If there is an update, we will notify you.
Don't forget to show your support by like(rocket) and comment✅
#eth #ethereum short term movements#ethusdt has been moving inside this ascending wedge. If #ethprice again declines from top of this channel (2250 - 2300 usd) , then a dump will likely occur.
The invalidation is: If #ethusd price smashes 2300 - 2500 usd price zone with weekly closing and strong volume.
NOT FINANCIAL ADVICE.
ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH/USDT update from Crypto Sanders.
Chart Analysis:- Turning to ethereum (ETH), the second giant in the crypto realm, we observe a substantial week-on-week gain of 17.4% with the price currently at 2,097. Ethereum’s oscillators, however, send warning signals with an RSI at 80.3, signaling a possible correction, and an overly bullish Stochastic at 90.6 resting at neutral. The CCI exacerbates this caution with a high 262.3, reinforcing the bearish sentiment.
Ethereum’s moving averages paint a more positive outlook, much like Bitcoin’s, with all indicators from the 10-day to the 200-day averages signaling strong upward momentum. The disparity between the shorter-term EMA at 1,937.7 and the longer-term SMA (200-day) at 1,777.4 suggests that while ether’s immediate trend is still bullish, there’s potential overheating that could prompt a near-term correction.
The market capitalization of ether stands at 252 billion, underscoring its significant growth over the past month by 33.1%. The volume and market cap showcases Ethereum’s liquidity and trader interest, indicating a healthy market for ETH. However, the inflated oscillator values raise concerns about sustainability and call for vigilance among traders against possible volatility.
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.
Ethereum (ETH) Returns to Our Radar - Anticipating Resistance AhHey Traders,
I've got a noteworthy update on Ethereum (ETH) that demands our attention.
Analysis:
I foresee a substantial resistance looming over the ETH price. Despite recent movements, my analysis suggests the likelihood of ETH revisiting levels below $1500.
Disclaimer:
This information is not to be considered financial advice. Always conduct thorough research before making any trading decisions.
Let's delve into the details on the TradingView charts, keeping a close eye on the potential resistance and the factors driving this anticipation. Happy Analyzing! 📈🔍
ETHLeading cryptocurrencies Bitcoin (BTC), Ethereum (ETH) and XRP are showing significant gains, according to data from CoinStats. Today, BTC was up 0.91%, trading at $35,171, with expectations of breaking the $35,612 resistance. If this level is surpassed, BTC is likely to reach $36,000 by the end of this week.
On the other hand, ETH outperformed other cryptocurrencies with a gain of 1.73% and is currently trading at $1,909. If ETH surpasses yesterday's peak, it is predicted to hit the critical $2,000 zone by mid-November.