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Ethusdanalysis

"Ethereum Technical Analysis: Potential Bullish Breakout from FEthereum update Ethereum is currently trending within a rising channel, as shown in the chart. It has formed a falling wedge pattern, similar to one it made a few weeks ago, and bounced by approximately 19% according to the pattern. If Ethereum breaks out of this wedge, it is likely to bounce by almost 19% again. However, if it breaks out of the rising channel, the chart will be invalidated. In the event that Ethereum does break out of the wedge, it would be a good opportunity to open a long position. Stay tuned; I will keep updating
Long
by CRYPTOMOJO_TA
[eth] 12-29-23good eve' we've come a really long way since the og prediction (view bottom of thread for the og posts). we had our eyes on this move long before people even expected a local top, which btw smacked a lot of people. b\x waves come in all shapes and sizes; sometimes they're shallow, other times flat, and occasionally very steep - but... one thing we know about b\x waves, with a very high level of certainty, is that they are "suckers rallies". it was ralph nelson elliott himself who coined the term "suckers rally" initially, which is what we call the b-wave \ "complacency phase" today. --- i won't sit here and tell you that i know precisely where this b wave will end, because quite frankly this time around i do not know, and i'm not afraid to admit that. what i will say though - is when retail begins to get confident during a staged complacency phase, that is the time to be sidelined. 🔮 --- og predictions:
by notoriousbids
6
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.
BITSTAMP:ETHUSD
by AdmamTrade
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! 💹🌟
Long
by RICHI_CRYPTO_SIGNAL
#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! If you're interested in more updates, feel free to hit the like button and share your views in the comment section. Thank you. #PEACE *Note: This information is not financial advice. Please conduct your research.*
Long
by Cryptorphic
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.
Long
by ArShevelev
2
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. ______________________________________________________________________________ Follow, like, and comment to see my content: www.tradingview.com
BITSTAMP:ETHUSD
by GoodTradeST
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.
BITSTAMP:ETHUSDShort
by Mihai_Iacob
1
🔄 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
Long
by Richtv_official
1