Ethusdlong
Eth- good buying pricesAfter a month-long consolidation near its peak, ETH plunged sharply, reaching a low of 3380 yesterday.
Despite this drop, the medium-term bullish trend remains intact and this decline should be seen as an opportunity to buy at more favorable prices.
My strategy is to buy on dips, anticipating a break above 4000.
Eth trade ideaI am bullish on Eth since last month as per my previous Ideas. Now again its forming a good entry for long. Below PDL (Previous Day Low). is liquidity trap zone and also equal lows. I am looking for that area zone to be filled then I will look for long trade. I took help by SMC indicator.
Eth idea Update ETH Yesterday’s Chart Update!
Yesterday market took Marked Trendline Liquidity but couldn’t fill FVG that’s why our Entry missed by few Points.
What’s next now?
As market has taken Trendline liquidity but it has formed another liquidity which is now perfect setup for us and also clears our setup. Below that SSL is our FVG where we will Enter.
Good luck and Do your own Analysis as well
#ETH/USDT#ETH
The price is moving in a bearish channel on the 12-hour frame and is sticking to it well
There has been a good bounce from the lower channel limit. Some minor correction is expected before completing the rise
We have a tendency to stabilize above the Moving Average 100
We are oversold on the RSI indicator and we have a downtrend that is expected to break higher to support the rise
Entry price is 3100
The first target is 3400
Second target 3670
Third goal 3990
Eth Weekly Time AnalysisIf we look previous data of ETH then we will come to know that it goes parabollic after reclaiming liquidity zone. Now current weekly time frame is also same. It has swept liquidity and now trying reclaim that level. Once it done we can see big pumping moves in ETH and also in alts but can take some time as its weekly time frame. Now its time for accumulation.
ETHUSD Investment Plan - 05/May/2024Hello Traders,
Hope you all are doing good!!
I expect ETHUSD to go Up after completing this correction.
Look for your BUY setups around the marked zone.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
#ETH forming this massive falling wedge!Taking a look at the #Ethereum daily timeframe, we are still potentially forming this massive falling wedge pattern because as of right now, the price has not yet confirmed the break either below the line or above its resistance line. The line of support is sitting at around 2890, so also right around that 2.9K level, which is an important level on the chart, and this resistance is sitting at around 3K, which is the level we need to confirm a breakout above in order to confirm the bullish price target for this pattern.
Stay tuned for updates.
#cryptocurrency CRYPTOCAP:ETH BINANCE:ETHUSDT
Ethereum - Don't lose your sight!Hello Traders and Investors, today I will take a look at Ethereum .
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Explanation of my video analysis:
In 2022 Ethereum perfectly retest the previous cycle high which was roughly at the psychological $1.000 level. Here Ethereum also created bullish confirmation, indicating a potential reversal towards the upside. At the moment Ethereum is retesting the previous all time high and we could see a short term rejection away towards the downside.
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Keep your long term vision,
Philip (BasicTrading)
ETHUSD Analysis (29th April 2024)
Crypto Analysis (28th April 2024)
ETHUSD Analysis
On the 4 hour Timeframe, Price action made a bullish Change of Character after a heavy retracement on ETH. In the process, a new 4 hour bullish FVG has been formed.
Ideally, I want to see price pull back to the 3282 level to retest the 4 hour minor resistance level it broke out off before creating confirmations on the 15 minute or the 5 minute to go higher. This is in line with retesting the bullish FVG created as well.
However if price action fails to continue bullish and breaks past 3074 with a body candle close, I will more inclined to look for sells using the break and retest strategy, ideally with a 15 minute timeframe confirmation using Change of Character or a bearish engulfing candle, targeting 2868 level.
BUY MORE ETH FROM ZONEHELLO FRIENDS
as I can see ETHUSD now created a double top and tested a resistance
but the Bull Run is just beginning we will soon hit all time high after a little retracement till broken descending channel Friends it's just a trade idea shares your thought with us ...
Stay tuned for more updates.
📈Long Setup on ETHUSDT📉 / ETH ---> 3500$BINANCE:ETHUSDT
COINBASE:ETHUSD
📈ETHUSDT Daily Long Setup📈
⚡️long position with mid-risk status.⚡️
TP 1-2-3-4 and SL are on the chart.
The Alternate scenario: If the price stabilize below the Bollinger midline, the setup will be cancelled
⚠️Don't forget to de-risk your positions.⚠️
ETH : Following BTC, Elliot Correction Wave $2700📉Hi Traders, Investors and Speculators of Charts📈
ETH is currently following BTC along with the rest of the crypto market into a correction wave. By following Elliot Wave Theory, we can find a target for a potential bounce zone for the current corrective pattern.
Ideally, we'd want to see a successful bounce from the 50d moving averages here (green), but a wick towards the 100d (turquoise) will not be unusual:
Here are my thoughts on Ethereum from a MACRO outlook, for future potential targets:
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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CryptoCheck
BINANCE:ETHUSDT
Ethereum Eyes Rebound After Finding Support at $3,200In a positive sign for Ethereum bulls, the price appears to have found support at $3,200 on a daily timeframe chart. If overall market conditions improve, ETH could bounce back to resistance at $3,640 . In a bullish scenario, the price could even reach $4,000 again.
ETHUSD / Long Trade Active ✅💡Hello Traders!
This is my idea for ETHUSD. I expect a bullish breakout as the price liquidates the old lows.
My expectation is to see the price to close the FVG and also to set a new PWH as we are in a bullish trend.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you enjoy this idea! Also, share your ideas and charts in the comments section below! This is the best way to keep it relevant, support us, keep the content here free, and allow the idea to reach as many people as possible.
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📈ETHUSDT is going to $4000 level / Ethereum analysis📉BINANCE:ETHUSDT
COINBASE:ETHUSD
Hello Traders,
As long as Ethereum is above $3,587, it will continue its upward path until returning to $4,000.
The bullish scenario will be canceled when Ethereum returns below the $3,587 level and stabilizes below the VAL zone.
📈Quick Ethereum Long Setup / 49Min (Updates soon)📉BINANCE:ETHUSDT
COINBASE:ETHUSD
Hello traders.
Ethereum has a bullish guard above the current support.
Volume management and a risk-free strategy are very important in this setup.
Bollinger band midline movement can help you manage your risk.
The divergence of the indicators is shown in the chart.
#ETH WEEKLY TIME-FRAME UPDATE!CRYPTOCAP:ETH #Ethereum Weekly Chart Update:
ETH faced rejection from the $4k resistance on the weekly timeframe, and It has reached a low of $3k and has bounced back to around $3400.
The support level is at $3550, currently it treading below this support but if the weekly candle closes above this level, it can be considered a good sign.
However, if the weekly candle closes below this level, it can trigger concerns, leading to a potential drop to around $2600, in my opinion. It's important to note that whenever ETH has failed to surpass the $4k resistance level, it has experienced significant downturns in the past. For instance, in May 2021, ETH faced a rejection of nearly 60%, and in September 2021, it had a 32% drop.
To determine if history will repeat itself, ETH needs to maintain the $3550 support level on the weekly chart.
So keep an eye on the weekly candle close.
#DYOR #NFA