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ETHUSDT

If Ethereum Can't Break These Levels, Then....Traders, I have a pretty good record for calling these inverse head and shoulders patterns before they are fully formed. I am not saying for sure Ethereum will form this inverse head and shoulders pattern but if it doesn't, then it will need to break above those resistance levels I have drawn and confirm. If it can't do this on the daily, then I have a hunch this inverse h&s will complete itself. Ethereum leads the altcoin market rn. So, depending on where your bet lies, you may want to offset some risks and take profit here as we begin to consolidate/accumulate for another bull run. Stew
COINBASE:ETHUSD
by stewdamus
2
ETH Market Update and Key Support LevelsCurrent Situation: Recent Price Action: ETH saw a massive wick yesterday, flushing out most longs that jumped in after the 20th of May. ETF News: The ETF news is bullish for crypto as a whole, but historically, such news has led to a temporary price drop. Historical Context: Past ETF Approval: Previous ETF approvals have resulted in a 20% dump on BTC and ETH, lasting around 10 to 12 days before prices began to gain traction again. Key Support Levels to Watch: $3,500: Major support level where buyers are likely to step in. $3,300: Another critical support level that could mark the bottom. $3,200: Strong support level, potentially marking the end of the correction. Strategy: Monitor Support Levels: Keep an eye on these support levels ($3,500, $3,300, and $3,200) as they may provide good entry points for long trades. Be Patient: Given the historical pattern, there might be a temporary dip before the market gains traction again. Risk Management: Set tight stop losses just below these support levels to manage downside risk effectively. Summary: ETH is experiencing a temporary pullback likely influenced by the recent ETF news. Key support levels at $3,500, $3,300, and $3,200 should be monitored closely as potential entry points for long trades. Historical patterns suggest a possible 10 to 12-day dip before the market resumes its upward trajectory.
by Richtv_official
1
ETHUSDT. Trading opportunityOn the daily timeframe, the price has been in a range since February 24. The buyer's vector 8-9 reached its obligatory target. The price is now in the seller's contextual zone. On May 23, the seller attempted to start their vector 9-10 with a potential target of 3301, but the buyer absorbed this attempt. The buyer's candle on May 23 has the highest volume in the entire vector 8-9, but the result is only in the wick. The price was unable to close the day above the previous wicks. Purchases can be sought based on the idea of reaching 4093. Sales can be considered based on the idea of the buyer's weakness (May 23 candle). Let's examine the lower timeframes to understand where purchases or sales can be found. The situation is clearly visible on the 2-hour timeframe. The price is in a range. The seller's vector 5-6 reached its obligatory target and the buyer's vector 6-7 started to develop with a potential target of 3901. The last two seller candles in vector 5-6 have increasing volume, while the two buyer candles in the beginning vector 6-7 have decreasing volume, suggesting that the buyer is not present yet and someone might be buying from the 50% tail of the candle using the IST (Smart Money) concept. For purchases, it would be beneficial if the seller on outstanding volume pushed the price below 3626, and the buyer absorbed this attempt and brought the price back above 3626. Of course, this might not happen, and the price could reach 3901. Sales can be sought from the seller's defense of 3901 or 3949. Below 3498 (the lower boundary of the range), sales can also be considered, but it is important to remember that 3301 may halt the seller, as this is where the buyer's zone on the daily timeframe begins (blue rectangle on the chart).
by AlexeyWolf
Ethereum price is rising prior to ETF approvalHi everyone, In last 2 days ETH price increased on over 20% and there is a good chance that this rise will continue. Ethereum price is rising amid rumors about possible ETH ETF which might be approved by the end of this month. I just opened ETH UP position at 3750 price with 5x leverage on Fybit trading platform. Target for this trade is previous local high at 4100, Stop loss at 3600 This is a risky trade due to rapid rise and possible correction but potential reward worth it. Please, do not forget to boost this idea & share it with your friends; thanks.
Long
by Real_CryptoRoy
16
Ethereum 15k+- i am far to be Elliot Wave expert and to be honest i am not a fan. - there's a lack of precision and EW can be extended. - Don't forget that the real name is " Elliot Wave THEORY ". - included a Fibo Analysis + Trend Analysis + famous bubbles. "The Elliott Wave Theory is a form of technical analysis that looks for recurrent long-term price patterns related to persistent changes in investor sentiment and psychology. The theory identifies impulse waves that set up a pattern and corrective waves that oppose the larger trend ". - Everything is in graphic as always. Happy Trading !
COINBASE:ETHUSDLong
by thecryer
13
Ethereum 1d by RB🧐 Hello, dear friends! Today, let's take a look at the Ethereum/Dollar chart!💥 On February 25th, the last line of the descending trend was broken upwards, as indicated by the blue circle - that's serves as an excellent signal for further growth. The question now is when to expect a correction? And how deep will it be?🧐 The next strong resistance levels are 3590 - 3980! Reaching these levels, the price may start a correction for further growth. The depth of the correction will depend on further price formations, so I will update the chart accordingly! Thanks for Your attention. Stay tuned!🫶 Sincerely Yours, Kateryna💙💛
BITSTAMP:ETHUSD
by RocketBomb
2
ETH Analysis, Chart is speaking itself !!!Hi. COINEX:ETHUSDT Ethereum finally managed to break the megaphone, which means we should expect more price increases from Ethereum. Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
COINBASE:ETHUSDLong
by CobraVanguard
2
The last bullish chance of Ethereum in Mid term!Hi. BINANCE:ETHUSDT Today, I want to analyze ETH for you in a 1D time frame so that we can have a MID-term view of ETH regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). ➡️ETH has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which ETH is in, Is a Bullish Flag Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens, we Can Expect a Bullish Movement as much as the Measured Price movement (flag pole) to happen! ✅ Due to the Ascending structure of the chart... 🟢 ETH has been Bullish Recently! 🟢REEGULAR BULLISH Divergence 🟢ETH is in a Bullish Flag 🟢(AB=CD) 🟢Price is gonna Reach $4100 ✨Targets are: 🎯$3390 🎯$0.3500 🎯$0.62 🎯$0.3750 🎯$0.4100 Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
COINBASE:ETHUSDLong
by CobraVanguard
1
ETHUSD bullish movement is about to happen!!!Hi. BINANCE:ETHUSDT Today, I want to analyze ETH for you in a 12H time frame so that we can have a MID-term view of ETH regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). ➡️ETH has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which ETH is in, Is a Bullish Flag Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens, we Can Expect a Bullish Movement as much as the Measured Price movement (flag pole) to happen! ✅ Due to the Ascending structure of the chart... 🟢 ETH has been Bullish Recently! 🟢REEGULAR BULLISH Divergence 🟢ETH is in a Bullish Flag 🟢(AB=CD) 🟢Price is gonna Reach $4100 ✨Targets are: 🎯$3390 🎯$3500 🎯$3750 🎯$4100 Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
COINBASE:ETHUSDLong
by CobraVanguard
6
ETH Trade : Potential Upside with Imminent Spot ETF ApprovalThis week, ETH made a significant upward move, driven by expectations of an imminent ETH spot ETF approval. ETH is now attempting to break through the top of its range support, indicating potential for further upside. Trade Details: Entry: If the $3,700 level holds as support for the next few days, enter a long spot trade. Take Profit: First target: $4,100 - $4,350 Next resistance: $4,700 - $4,900 Stop Loss: Just below $3,600 Conclusion: This is a strategic entry point with promising upside potential if the $3,700 support level holds. Manage risk with a stop loss just below $3,600 and watch for resistance levels to take profits. #ETH #CryptoTrading #TechnicalAnalysis
Long
by Richtv_official
1
📈Ethereum: Awaiting ETF Approval📣🔍Let's dive into today's analysis. Today's focus is on ETH, which recently experienced a 28% pump in anticipation of the potential approval of an Ethereum ETF. As I mentioned in my previous analysis, breaking the $2964 level was crucial, and it provided a strong trigger for opening a position, leading to a 28% gain with a high risk-to-reward ratio. 📰Today, the final decision regarding the ETF is expected to be announced. If approved, Ethereum could see another pump, potentially surpassing the $4063 level and aiming for its all-time high (ATH) around $4600. However, if the ETF is not approved, Ethereum is likely to dump, possibly losing the $2880 support level amid market fear and excitement, which would be bad news for ETH holders. Personally, I believe the ETF is more likely to be approved, leading to another pump in Ethereum's chart. 🔔The announcement is just a few hours away. If you believe the ETF will be approved, I suggest moving to lower timeframes, finding a trigger based on your strategy, and opening a long position. Conversely, if you think the ETF will not be approved, you can apply the same approach for a short position. 📈Ignoring the ETF news and focusing purely on technicals, the RSI is significantly overbought, reaching as high as 89. This indicates high market excitement, and the RSI is now starting to come down but hasn't exited the overbought territory yet. There is a high probability of range-bound movement until the price meets the SMA25, potentially forming a box near $3798. After the SMA25 convergence, we might see renewed momentum. If the price breaks $3798 sooner, it would be even better as the resistance would be broken with more bullish momentum, allowing the price to move up more smoothly and with fewer candles. 🚀For long position targets, consider the $4063 resistance as the first target. If this resistance is surpassed, the next target would be the $4600 ATH. 📉For shorts, as long as the volume of red candles continues to decrease, I wouldn't consider shorting. To short, wait for the SMA25 to reach the candles, and if the bottom of the box breaks with increased selling volume, you could enter a risky short position. Given this would be against the primary market momentum, you should take profits quickly. 💣The main short position to watch for a complete trend reversal would be the break of the $2880 support level. 📝In conclusion, Ethereum is at a critical juncture with the potential ETF approval news imminent. If approved, we could see significant bullish movement towards and beyond $4063, aiming for the ATH around $4600. On the other hand, if not approved, Ethereum might experience a notable drop, potentially losing the $2880 support. From a technical perspective, watch the RSI and SMA25 interactions closely, and plan your trades based on the key levels and volume confirmations mentioned above. Always stay informed and be ready to adjust your strategy based on market developments.
by itsparham96
3
💎 ETHEREUM (ETH) : Bullish Momentum: Targets Beyond $3,800 🚀By examining the #Ethereum chart in the weekly timeframe (logarithmic), we observe that due to the likelihood of an upcoming Ethereum ETF approval, this cryptocurrency has experienced an attractive growth. From the previous analysis until now, it has achieved over a 30% increase, reaching $3,800! The next targets for Ethereum are, in order: $4,100, $4,800, $5,000, $5,500, $6,600, and $8,500. 🫡 Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
4
ETH: Descending Triangle Breakout on 4-Hour Chart!!Hey everyone! If you find this content valuable, please consider giving it a thumbs up and following for more analysis. The interesting technical pattern forming for ETH on the 4-hour timeframe. The price appears to be consolidating within a descending triangle pattern. If a confirmed breakout occurs above the upper trendline, it could signal a potential price increase towards the $3800-$4000 resistance zone. However, it's important to consider the invalidation point. A daily close below the $2900 level would weaken the bullish case for a breakout and suggest a potential decline. What are your thoughts on this ETH setup? Share your analysis in the comments below!
Long
by CoreCrypto1
Ethereum's Road to Recovery: Professor's Outlook📊🚀 Ethereum's Road to Recovery: Professor's Outlook 💡🔧 Let's dive into Ethereum and its journey under the looming shadow of regulatory decisions and market dynamics. With Ethereum teetering below the $3,000 mark—a significant psychological barrier—let's explore the potential pathways and strategic levels that could dictate its short to medium-term trajectory. Current Ethereum Landscape Ethereum currently stands just shy of the critical $3,000 mark. This level is not only a psychological barrier but also a pivot point that could lead to substantial price movements based on investor sentiment and market dynamics. With anticipation around the SEC's decision on ETFs, Ethereum's price movements are under increased scrutiny. ps. i think it will be a security and i don't think this is bad news..we can discuss later Key Technical Levels Immediate Resistance: The immediate resistance levels to watch are $3,273, $3,580, and $3,720. These levels represent short-term targets that could validate bullish sentiment. Longer-Term Targets: Looking further ahead, the $4,320 and $4,880 price marks stand out as significant resistance levels. Achieving these would signal a strong upward trend and potentially set the stage for more ambitious targets. Historical Support Review: The same support level observed in April, which proved robust during previous tests, is once again in focus. This support level has recently facilitated a healthy rebound, indicating underlying strength in the Ethereum market. Future Outlook Despite the uncertainty surrounding ETF approvals, Ethereum's robust technical foundations and recent performance suggest resilience and potential for recovery. Projections for Ethereum reaching as high as $6,174 remain ambitious yet plausible within the next 18 to 24 months, assuming favorable market conditions and regulatory outcomes. Conclusion As Ethereum navigates these critical levels, staying informed and responsive to emerging trends will be crucial. The interplay between regulatory news and technical indicators will likely drive Ethereum's market behavior, providing strategic opportunities for keen investors. Keep an eye on further developments, and as always, engage with the markets thoughtfully and strategically. One Love, The FXPROFESSOR 💙
BITSTAMP:ETHUSDLong
by FX_Professor
1