Ethusdlong
📈Ethereum prediction, end of Price correction? 📉BINANCE:ETHUSDT
COINBASE:ETHUSD
Hello dear traders!
Three drives pattern is either bullish or bearish. Since it is a reversal pattern when it fails, the three drives pattern indicates a strong continuation of the current trend.
Divergences are marked on the chart!
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Ethereum -> Will The Cluster Actually Hold?Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Ethereum 💪
If we are looking at the macro view on the monthly timeframe you can see that Ethereum perfectly retested the 0.768 fibonacci level in confluence with the previous cycle high so everything looks like we are starting the next major bullish crypto cycle.
The weekly structure level at the $2000 area is still pressing Ethereum but eventually I also do expect a break above this level and then simply more weekly bullish continuation.
Looking at the daily parallel rising channel on Ethereum you can see that Ethereum is currently retesting the lower support, market structure is still bullish but we could certainly see a break below the level and then I am using every dip to buy more Ethereum.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
Ethereum Short Term Buy IdeaD1 - Bullish trend pattern followed by a correction in the form of double wave down.
Price respected a strong support zone and bounced higher.
Most recent downtrend line breakout.
H4 - Bullish trend pattern.
Currently it looks like a pullback is happening.
Until the two strong support zones hold my short term view remains bullish here.
Ethereum could reach 2300There are a few very nice bullish signs for Ethereum and these could lead to up continuation to the important 2300 resistance.
First, we have a false break of horizontal support at the end of May with a nice reversal from the ascending trendline that started in December last year followed by a break above the falling trend line from the recent 2130 high.
Also, last but not least, today we have a break up above horizontal support from 1950.
All these combined draw a very bullish picture and this summer Eth could reach 2300 resistance.
Interim resistance are:
First shy above 2k and the recent 2130 high
In conclusion, I'm bullish Eth as long as the price stays above 1750
#ETH shorter time frame trade setup!ETH shorter time frame trade setup!
ETH breakout this EXPANDING TRIANGLE PATTERN and currently bouncing from this support
LONG
Entry-CMP
SL-1899
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
ETHUSD: 1H analysisIn the 1H analysis of ETHUSD, the price is in a very nice rectangle. Now the price is at the bottom of this rectangle, and if it is rejected from the bottom, we can expect 1900 and even more (1923).
In case of strong crossing of the bottom (1872) of the rectangle, this analysis is invalid.
ETHUSDT Reaching for $2K and BEYOND📈Hi Traders, Investors and Speculators of Charts 📈📉
Ethereum has made a clear turnaround to the upside after a successful retest of support zone $1600 and we observe some additional bullish price action on the ETHUSDT chart:
👉 Lower Highs / Chart- and Trendline Analysis
👉 Double Bottom Candles / Candlestick Analysis
👉 Strong V-Shaped Recovery - Chart Analysis
👉 Buy from Technical Indicator / TA Analysis
The most likely next stop for ETHUSD short-term is the psychological resistance zone of 2K and then beyond in the near-term, possibly around $2300.
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CryptoCheck
BITSTAMP:ETHUSD COINBASE:ETHUSD BINANCE:ETHUSD INDEX:ETHUSD BITFINEX:ETHUSD KRAKEN:ETHUSD CRYPTO:ETHUSD BINANCE:ETHUSDT BYBIT:ETHUSDT COINBASE:ETHUSDT
Selling Ethereum at current resistance.Ethereum - 24h expiry - We look to Sell at 1858 (stop at 1898)
We look to trade the current range.
Trading between support at 1830 and resistance at 1860.
Daily momentum has stalled and our bias is now neutral.
Previous support at 1860 now becomes resistance.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Our profit targets will be 1758 and 1738
Resistance: 1850 / 1860 / 1880
Support: 1830 / 1820 / 1800
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ETH not dead yetLooking for a bullish count here on ethereum as we seem to be looking to continue higher.
The down move off the 2140$ high seems to be a corrective move as it is a three wave move, therefore not trend establishing.
Looking for further upside as we could moving sideways in a triangle in wave (iv).
Questions are more than welcome, trade safe!
Feel free to check out my other post here on Tradingview!
#Ethereum - thoughts out loud #2 Good afternoon, dear colleagues!
I am glad to welcome everyone and wish you to get acquainted with my vision of the current situation on this instrument.
The situation is similar to the stage of accumulation (local) asset that began on 09.11.2022, where we are in the final phase before entering the trend movement (bullish). But I have some doubts, because the formation that we observe is obvious, most market participants may prefer long positions because it is "accumulation from here to the moon". Therefore, there may be several scenarios for the continuation of the movement:
1) We confidently break through the level of 1441 and rapidly move up until we run out of fuel (before that, we remove the stop loss by a rapid downward movement of 1211-1311).
2) "False accumulation" and the return of the price to the trading range after which we will see the depreciation of the instrument from the range of 1441 - 1551 to 999 - 888.
That is, professional market operators give the opportunity to realize the potential of the movement and expect how the crowd will pick up their idea and vision of the market. After all, we all understand that the market is created to 80% of participants lose money, but now not about that, let's return to the analysis. It is today that a number of important economic indicators are released and the volatility is expected to increase and why not implement our plans using the news background, the prospect is excellent and the scheme is worked out.
Dear colleagues, I sincerely thank you all for your attention and wish success to everyone!
And remember one thing:
"sometimes you win/sometimes you learn"