ETHUSD - Weekly Forecast - Technical Analysis & Trading IdeasMidterm forecast:
While the price is above the support 2726.71, resumption of uptrend is expected.
We make sure when the resistance at 4100.00 breaks.
If the support at 2726.71 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
The Falling Wedge taking shape and as a bullish pattern suggests we will soon see another leg higher if price breaks and closes above downtrend.
A trough is formed in daily chart at 2908.80 on 01/13/2025, so more gains to resistance(s) 3508.51, 3695.27 and maximum to Major Resistance (4100.00) is expected.
Take Profits:
3695.27
4100.00
4500.00
4868.00
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ETHUSDT
ETH Pattern | SOL | All Time High for ETH in SIGHTSolana has recently made a new ATH - and, surprisingly BEFORE Ethereum.
This cycle shows to be different than the previous alt cycle, where ETH leaded SOL.
Currently, what we're seeing in the weekly timeframe is a clear bullish pattern on Ethereum - the bullish inverses Head and Shoulders Pattern.
It's likely that the liquidity from SOL may move into ETH, together with other alts in the TOP 10 category by market cap. This means, that top10 alts may drop - and ETH sees an increase towards a new ATH.
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BINANCE:ETHUSDT BINANCE:SOLUSDT
BTCUSDT H8 : New RoadmapHi Friends,
Following the previous analysis of Bitcoin and the rejection above the ATH , I expect such a movement from the chart. And once again, liquidity can be collected above the historical ceiling.
SecondChanceCrypto
⏰ 21/Jan/25
⛔️DYOR
Always do your research.
If you have any questions, you can write them in the comments below and I will answer them.
And please don't forget to support this idea with your likes and comments.
ETH/USDT 4H: Patience is Key as Market Finds Direction
ETH/USDT 4H Chart Analysis
Current Market Condition:
Bearish bias, trading at $3240 with declining momentum.
Smart Money Analysis:
Selling Pressure: Lower highs indicate institutional distribution.
FVG: $3400 acting as strong resistance.
Liquidity Pools: Below $3200 likely targeted next.
Key Levels:
Resistance: $3400, $3500
Support: $3200, $3000
Weekly Low: $2900 (major support).
Technical Indicators:
Hidden bearish divergence on RSI.
Money flow suggests ongoing distribution.
Trade Setup (Confidence: 6/10):
No immediate entry recommended.
Shorts: Enter if price breaks below $3200 with volume.
Longs: Only consider if $3300 is reclaimed with strong volume confirmation.
Recommendation:
Patience is key.
Market makers are likely accumulating at lower levels while trapping retail in premature longs.
Wait for a clear break of the range to confirm direction before taking a position.
Confidence Level: 6/10 for cautious trading in current conditions.
Will ETH take the direction of growth?Hi everyone, let's look at the 1D ETH to USDT chart, in this situation we can see how the price is moving in a downtrend channel, currently there is no indication of which direction it will go.
Let's start by defining the targets for the near future that the price has to face:
T1 = 3357 USD
T2 = 3502 USD
Т3 = 3600 USD
Т4 = 3729 USD
Now let's move on to the stop-loss in case the market continues to fall:
SL1 = 3211 USD
SL2 = 3016 USD
SL3 = 2877 USD
SL4 = 2704 USD
If we look at the MA indicator we can see how the blue line has entered above the orange one, which indicates the entry into a temporary uptrend, where the price may try to continue to grow.
#ETHUSDT: $4800 Price To Move, Big Move Is On The WayDear Traders,
Prices are currently forming in inducement pattern, we are expecting a strong bullish breakthrough which ultimately takes the prices to another record higher or at least touch the previous Higher High. We will update as the prices move.
Ethereum looks good at this point!The internal structure is bullish.
This position has an extremely good risk-reward ratio.
The demand range is highly refined. Therefore, the risk to reward ratio will be very good for this position.
But if the price enters the $3200-$3350 range, we can enter with confirmation on the lower timeframe (1m or 5m).
Also, the liquidity of the double top that has formed can pull the price towards itself.
Regards ❤️
ETH copying pattern? Potential drop below $3,000?CRYPTOCAP:ETH seems to be repeating an old pattern—I’ve marked it with an arrow. I first noticed this about 10 days ago, and as time goes on, it’s looking more and more like the left shoulder of a classic head-and-shoulders bottom. Interestingly, the #MACD is perfectly mirroring the same movement too.
If #ETH is indeed forming the right shoulder, we could see a pullback of around 31%, dropping it below 3000 to roughly 2800. This move makes sense, as key players often target psychological levels like 3000, where a lot of stop-loss orders are placed, potentially triggering larger price shifts.
What’s even more intriguing is that a drop to 2800 would push ETH below the lower edge of the symmetrical triangle, which could seriously dent market confidence.
What do you think? Does this match your analysis, or are you seeing it play out differently?
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Let me know if you'd like further tweaks!
ETH Long to $6666Entry: $3,215.36
Target: $6666
Stop Loss: $2899
Trade Plan:
This trade is based on a liquidity grab.
The stop loss is set below the previous low.
Reasoning:
The price has shown a pattern of accumulation after taking liquidity with the possibility of further bullish movement as it nears the next resistance level. Watch for price action confirmation around the entry level before committing to the trade.
ETH ANALYSIS🔮 #ETH Analysis - Update 🚀🚀
💲 As we said earlier #ETH performed same and retest its support level. Now we can see a formation of Bullish Flag Pattern in #ETH. Breakout of the pattern will indicate a bullish momentum.
💸Current Price -- $3425
📈Target Price -- $4400
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#ETH #Cryptocurrency #Breakout #DYOR
ETH to $15000 LONGChart Analysis: Ethereum is currently forming an ascending triangle pattern, which is typically a bullish continuation pattern. The price action has been creating higher lows while encountering resistance at a level around $4000.
As the pattern evolves, a breakout above the resistance level could signal a continuation of the upward trend.
Trade Setup:
Pattern: Ascending Triangle
Resistance Level: $4000 (key horizontal resistance)
Target: The pattern suggests a potential move of approximately 445% upward, with a projected target of $21,908 (a significant potential move).
Stop Loss: Place the stop loss below the recent support trendline, around $2,200 to manage risk.
Take Profit: Set the initial take profit target at $15000 with further targets at $26000 and depending on how the price progresses after the breakout.
Alikze »» ETC | Scenario 3 or C bullish - 1W🔍 Technical analysis: Scenario of wave 3 or C in the ascending channel
BINANCE:ETCUSDT In the daily timeframe, according to the analysis presented earlier , it encountered demand after reaching the Buyer zone, which led to the breakdown of the descending channel and the touch of the target of $25.
- Currently, after exiting the congestion, it is moving within an ascending channel, which is currently at the ceiling of the first channel.
💎 In case of correction, at the ceiling of the first ascending channel, it can encounter demand in the middle range of the channel or the OB zone and continue its growth to the ceiling of the second channel.
⚠️ In addition, in the bullish scenario, the Invalidation LVL zone should not be touched. ⚠️
💎In case of touching the mentioned zone, the currency's movement path should be reviewed and updated again.
Ethereum Price Bounce from Key Support –Potential Breakout Abovehello guys!
Key points to consider:
Support Zone: The $3,160–$3,200 zone acted as support, and Ethereum’s price has bounced strongly from this level, which could indicate further upward movement if the price remains above this zone.
Resistance Zone: Ethereum is approaching the $3,600 resistance level, which has capped the price previously. A breakout above this level would likely trigger a move toward the next target near $3,760–$3,800.
Trend Reversal or Continuation: If the price fails to break through $3,600, it could revisit the support zone, with the potential for a continuation of the overall downtrend. However, a confirmed breakout above $3,600 could signal a continuation of the bullish trend toward higher targets.
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Brief:
Ethereum is testing key resistance at $3,600 after bouncing from a strong support zone around $3,160–$3,200. A breakout above this resistance could push the price towards $3,760–$3,800, while failure to break it could lead to a retest of lower levels. Monitoring the price action around $3,600 will be crucial for determining the next direction.
Ethereum's Second Scenario (3D)Now, it’s worth taking a look at higher timeframes.
Regarding Ethereum's bearish scenario, as you may recall, we previously considered a large triangle for Ethereum, which remains valid and has not been invalidated.
However, the available data suggests that the scenario from this analysis is still valid as well. The strength of the bounce from the green zone to the upside will determine the next scenario, indicating that we need more data.
The market in higher timeframes, like the 3-day chart, is corrective. This is why traders in the 4-hour timeframe are facing a bearish trend. Support from Trump and the U.S. government for Bitcoin has also slowed down this correction, extending its duration.
In any case, the green zone could reverse the trend in the 3-day timeframe toward the red circle.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
XLMUSDT UPDATEXLMUSDT is a cryptocurrency trading at $0.4602. Its target price is $0.7000, indicating a potential 60%+ gain. The pattern is a Bullish Pennant, a continuation pattern signaling a potential breakout. This pattern suggests a brief consolidation before a strong upward move. The Bullish Pennant is a positive signal, indicating a potential price surge. Investors are optimistic about XLMUSDT's future performance. The current price may be a buying opportunity. Reaching the target price would result in significant returns. XLMUSDT is poised for a potential breakout and substantial gains. The Bullish Pennant pattern typically leads to a strong upward move.
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