Ethusdanalysis
DeGRAM | ETHUSDT bullish opportunityAUDUSD is creating the AB=CD pattern.
The market broke out of the resistance that became a support.
Price is approaching the support level and 50% fibo levels.
We expect a classic breakout pullback continuation pattern.
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ETH: Breaking Boundaries and Soaring High! 🚀💹Introduction: 🌐 Ethereum (ETH) is breaking free from the confines of a descending channel, signaling a pattern of continued upward momentum. Traders are eyeing a potential long entry, with the option to wait for a retest and bounce. Let's delve into the details of this exciting scenario.
Trade Details: 💰 Long enthusiasts are entering the scene, considering positions at ~$2300 - $2240 - $2200. The strategy aligns with the breakout scenario (as per the provided link) or opting to wait for a retest for a bounce.
Technical Analysis: 📊 Ethereum's price has breached the upper boundary of a descending channel, indicating a pattern conducive to sustained upward movement. The potential long entry points offer traders flexibility, either entering immediately upon the breakout or waiting for a retest.
Expectations and Targets: 🎯 Traders eye ambitious targets of $2340 - $2370 - $2400 - $2450 - $2500 as Ethereum ventures into a potentially robust bullish phase.
Stop-Loss: 👎 To mitigate risks, a stop-loss is set at $2150, safeguarding traders from unexpected market fluctuations.
Conclusion: 🚀 Ethereum invites traders to ride the wave of upward momentum. Whether you enter immediately or patiently wait for a retest, prepare for an exhilarating journey as ETH aims for new heights! 💹🌟
#ETH is about to make a massive 20% move!ETH is poised to make a move to $2700, representing almost a 21% increase from the current market price (CMP). The breakout from the wedge is clean, and there's a perfect retest happening as we speak. This anticipated movement is expected to trigger significant gains in other altcoins. Some of our gem coins have already started moving, with a few experiencing gains ranging from 50% to 100%!
For those interested in futures trading, you can use this chart with the right stop-loss (SL) in place.
Trade Details:
Entry Range: $2166 to $2255
Target Levels: $2377, $2433, $2544, $2634, $2712
Stop Loss: $2098
It's crucial to use a stop loss, especially in the current high market conditions. Failing to do so might result in giving back hard-earned gains to the market.
Cheers!
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Thank you.
#PEACE
*Note: This information is not financial advice. Please conduct your research.*
Ethereum Update: Onward and Upward!Ethereum continues bottom formation, firmly entrenched within a channel spanning $1500 to $2000. The momentous breakthrough of the $2000 mark will likely accelerate its pace further.
Key Levels: Watch out for the critical support level at $1688. Presently, a bullish flag pattern has emerged on the daily timeframe, following a breakout from a symmetrical triangle. The modest flagpole of this pattern offers a glimpse into the potential post-breakout trajectory. My estimation? A surge to at least the $2200-2300 zone.
Risk Management: Safeguarding your trades within low-risk confines is paramount. I recommend setting a stop loss around the latest support level at $1489 to protect your capital.
ETHUSD H4 is going according to the PLAN ✅ Hello Traders!
As you can see, ETHUSD H4 is under bearish dominance, and I expect that it will reach the 2050 price, a key level where I will look for a Long Trade in case of confirmation.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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Ethereum could have a new leg downBITSTAMP:ETHUSD has experienced a positive trend since mid-October, with the coin gaining 30% over the past two months.
However, after reaching the significant long-term resistance level in the 2.4k zone, a correction ensued, causing EthUsd to drop to 2150. The coin tested the confluence support provided by the horizontal level and the rising trend line.
A rebound followed, and the current price stands at 2270. The rebound from this support appears corrective in nature, suggesting that a new downward movement may occur. The initial indication of renewed weakness would be a drop below 2230, with confirmation occurring under 2200. In such a scenario, the coin could undergo further correction and test support levels below 2k.
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.
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🔄 Ethereum (ETH) Analysis: Oversold Conditions,Potential RetestAn analysis of Ethereum (ETH) highlights oversold conditions, potential retest, and resistance levels, providing insights for market participants.
Key Observations:
Current Price: Ethereum is noted to be trading at around $2,290 and is considered oversold on the daily timeframe.
Potential Retest: The analysis suggests that the price could be on its way to test the $2,400 - $2,500 area of resistance once again.
Resistance Levels: This is the same area where the price faced rejection last week, indicating a key resistance zone.
#Ethereum #CryptoAnalysis #OversoldConditions
ADA Bullish ☀️ Ahead; BTC, ETH 🌧️Bearish clouds and rain 🌧️ linger over Bitcoin and Ether in the next 24 hours and over a one-week horizon, indicating a downside risk.
Smaller altcoins such as Cardano, Binance Coin, and Polkadot will, on the contrary, benefit from a bullish sun ☀️, signaling additional upside potential. 🚀
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ETH 🐻ish 24-Hr and 1-Week Forecast; ☁️ LoomingBearish clouds ☁️🐻 linger over the global crypto market in the next 24 hours, indicating that profit-taking lies ahead. However, Uniswap and Chainlink have upside potential, ATTMO shows. ☀️
Over a one-week horizon 📅, the bearish trend will continue to weigh on Ether, Litecoin, Ripple’s XRP, Cardano, and Polygon ☁️🐻. As for Bitcoin, a strong sun ☀️, signaling very bullish trading conditions, will shine over the crypto token. The sun ☀️, although less bullish, will also shine over Binance Coin, Avalanche, and Dogecoin.
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ETH MacroI have enjoyed my Macro BNB post, occasionally checking it and pressing play on the chart to see how PA is behaving IAW my expectations.
So here is one for ETH...
I am not a bear, I am the Honey Badger, I chart what I see and surf the waves.
This count is Valid, if you disagree, I invite a healthy debate to enable all of us a more holistic understanding of the market!
Trade Safe.
#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
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ETH → Mad Dash to $2,500? Or Rejected to $1,800? Let's Answer.Ethereum is at a crucial moment in its journey to break the $2,100 resistance area. We're currently in an ascending triangle, a bullish pattern, knocking on the resistance zone door. Will it break through?
How do we trade this?
If you are not in a trade right now, do not enter one. We should not be longing resistance nor should we be shorting without a sell signal and confirmation. Wait for a break of resistance followed by a test of resistance as support to long. To short, we need a clear sell signal bar and confirmation candle closing on or near its low.
Until then, let's see where the price action goes. FOMO (Fear of Missing Out) is your worst enemy. You're making more money by not falling for the seduction of market profit.
Trade Idea
Long Entry : $2,250
Stop Loss: $2,127.50
Take Profit: $2,495
Risk/Reward Ratio: 1:2
Key Takeaways
1. Ascending Triangle, Bullish Signal!
2. Strong Support on Daily 30EMA.
3. At Resistance Zone, Do Not Long Here!
4. RSI above Moving Average and around 60.00. Bias to Long.
5. Use caution, watch for a reversal signal!
You are solely responsible for your trades, trade at your own risk!
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ETHUSD $2361 targetCRYPTOCAP:ETH break down channel up, but failed to break fibonacci support
bullish target from this position at $2361.92
If fibonacci failed, we have another support at $2199 classic support
And $2100 major support.
My opening position :
Long : 2234.99
target : 2361.92
Stoploss : 2217
used equity : $16.5
target profit : $70.5
Profit percentage : 706%
PnL : 7
Hedging :
rebuy1 : 2199 (same target and percentage loss ratio)
rebuy2 : 2100 (same target and percentage loss ratio)
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 Bullish 24-Hour Forecast ☀️ $2,500 Coming?A bullish sun ☀️ continues to dominate the skies over the global crypto market in the next 24 hours, indicating further upside potential for Bitcoin, Ether, and many altcoins. These bullish conditions will persist over a one-week horizon, according to ATTMO.
Exceptions are Avalanche, Binance Coin, and Uniswap which will face bearish clouds ☁️ and downside risk in the next 24 hours, as well as Ripple’s XRP and Uniswap over the coming week.
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