Ethereum can rebound up from support line of triangle to 3085Hello traders, I want share with you my opinion about Ethereum. Observing the chart, we can see that the price some time ago declined to the support level, which coincided with the buyer zone, after which rebounded and tried to grow but failed and declined to the support line, which is located in the buyer zone. Then ETH in a short time rose to the seller zone and even higher, breaking the resistance level, after which turned around and declined to the support line, breaking the 3200 level again. After this, ETH rebounded from the support line to 3355 points, turned around, and made a strong downward impulse inside the downward triangle. Price broke 3200 and 2950 levels and the support line also, after which it turned around from the support line of the triangle and started to grow. In a short time Ethereum rose to the resistance level again, breaking the support level one more time, but then it at once rebounded and fell to the buyer zone. Later price rebounded up from the buyer zone, making a fake breakout of the support level, and a not long time ago fell to the support line of the triangle. For this moment, I think that ETH can rebound from the support line to the resistance line of the triangle, therefore I set my target at 3085 points. Please share this idea with your friends and click Boost 🚀
ETHUSDT
Ethereum's $3,000 Dilemma: Bullish Rejection, Bearish Break-Out?Indecisiveness persists in the intraday chart as Ethereum hovers around $2,992, an intraday support zone.
1. A bullish rejection of $2,992 with momentum could offer a scalping opportunity, targeting $3,166, $3,370, and possibly extending to $3,551.
2. Closing H4 candles below $2,992 raises the likelihood of a downside move towards $2,898 and $2,787.
3. Alternatively, a lack of momentum may result in sluggish, sideways price action between $2,992 and $3,166.
More details in signature!
Ethereum has a Good Bullish Sign!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!
🟢ETH is in a Bullish Flag
🟢(AB=CD)
🟢Price is gonna Reach $4100
Stay awesome my friends.
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✅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!!
#ETHUSDT UPDATE! FORMING BULLISH PATTERN!!Hello everyone! If you enjoy this content, please consider giving it a thumbs up and following for more crypto updates.
Welcome to this ETH/USDT Quick Update!
The chart suggests a potential bullish continuation for ETH. It's currently consolidating within a falling wedge pattern, historically considered a bullish reversal sign. There's also good support around $2900-$3000 (green zone). If the price holds above this level, a breakout from the wedge could be imminent, potentially leading to new all-time highs (ATH).
Here's what could invalidate this bullish scenario:
A daily close below $2820.
What do you think about this? Let me know in the comments!
Ethereum is undergoing correctionAt the point where we have placed a red arrow on the chart, Ethereum correction has started.
Ethereum seems to be forming a diametric pattern.
It can move from the specified Supply to the specified Demand.
On the Demand range, you can look for buy/long positions.
Closing a daily candle below the invalidation level will violate our buy/long view
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
💎 ETHEREUM (ETH) - Investment Opportunity (READ THE CAPTION)Upon analyzing the #Ethereum chart on a weekly (logarithmic) timeframe, it is observed that the price had grown by 169% from October 20, 2023, to March 11, 2024, reaching $4090, before finally experiencing a drop and correcting down to the $3000 range. After a correction, it is likely that we will see Ethereum grow back to its previous high of $4850. The long-term targets for Ethereum, in order, are $5000, $5500, $6600, and $8500.
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
HelenP. I Ethereum will start to decline to support levelHi folks today I'm prepared for you Ethereum analytics. A not long time ago price rebounded from the trend line and made a strong impulse down to the support level, which coincided with the support zone, thereby breaking the 3325 resistance level. After this movement, ETH turned around and made upward movement, but soon declined back and some time traded near the 2950 support level. Then ETH in a short time rose almost to the resistance level, after which made little correction movement, and then finally reached the 3325 level, which coincided with the resistance zone and trend line. After this movement, Ethereum made an impulse down to the support zone, after which turned around and in a short time rose to the trend line, making a fake breakout of the 2950 level. Recently price bounced from this line and now trades near, for this case, I expect that Ethereum will rise to almost the trend line and then start to decline to the 2950 support level, which is my target also. If you like my analytics you may support me with your like/comment ❤️
Apr.30-May.6(ETH)Weekly market recapAt the beginning of last week, the market fell further, with BTC reaching below 57000. But then V-Reversal came along.
Last Thursday, the FOMC was held. The Federal Reserve kept interest rates unchanged, in line with market expectations. However, monthly Treasury bond redemption dropped from US$60 billion to US$25 billion, exceeding market expectations. While a rate cut remains far off, the shift continues.
Last Friday, the U.S. Department of Labor released U.S. employment data for April. After four consecutive months of strengthening employment conditions, it have weakened for the first time in mid-2024. BTC rebounded significantly after the employment data was released. And it has a superimposed effect with the slowdown in balance sheet shrinkage.
The crypto market’s correction may have passed or is about to pass the lows.
ETH rebounded after hitting a given support level. But the rebound did not retract the earlier losses. The bulls have not performed as well as the BTC bulls. From an indicator point of view, the wave area of the ME indicator has further narrowed, and the bullish trend has attenuated. A small number of blue bars representing whales appear on the WTA indicator, which indicates that whales are involved in bullish trades. However, one thing that is different from BTC is that there is no bottom-buying sentiment on the MBF indicator, which may be the reason why the performance is not as good as BTC.
In summary, we believe that ETH will continue to act as a follower this week. It may continue to oscillate. We maintain our original resistance level 3700 and support level 2800.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
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.
"ETH". I should eat this RBI firstNice to meet you, friends. It's called E.s.s, which hits the exact target like an eagle
In the long-term bearish, We found and substituted short-term uptrend line with important angles.
If it breaks down the current short-term uptrend line, ETH will drop to the RSI oversold.
The standard is to BREAK DOWN the short-term uptrend line.
ETH. Levels for intraday trading 6.05.2024
During the day you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation.
If you expect any medium-term price movements, then most likely they will start from one of the zones.Relevant to use as a location for installing TP.
Levels are valid throughout the day, the date is in the title. The next morning I adjust the levels based on current data and publish a new post.
The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :)
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Levels are drawn before the European session, based on volumes and data from the CME. They are used as zones of interest for intraday trading. When approaching a level, a “reaction” is expected, which can be traded for both a rebound and a breakout. The worst option is if we revolve around the level in a flat.
Do not reverse the market at every level. If there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern.
TV does not allow publishing timeframes smaller than M15.Reactions to levels and the search for entry points are more convenient to look at M5-M1.
Don’t forget to like Rocket and Subscribe!!!
ETHEREUM - Price can reach resistance level in rising channelHi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊
Recently price started to trades inside wedge, where it at once made a downward impulse to support line, breaking $3355 level.
When price reached support line of wedge, ETH bounced up and some time traded near $3000 level, which coincided with support area.
Later Ethereum reached resistance line of wedge again and then made a downward impulse, exiting from this pattern.
Also, price broke $3000 level, but soon turned around and started to grow in the rising channel, where soon broke this level again.
Now, I think Ethereum can bounce up from support line of a channel to $3355 resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Ethereum - Final crash soon! Then new all time high (buy here)Ethereum is preparing for the final crash! 2800 to 2700 is the most important zone you can watch because the price should bounce from it. This is exactly where you want to buy Ethereum for the long term or enter a high-leverage trade. I don't think the price will go lower, prices such as 2500 USD or 2000 USD is no longer realistic and possible. Why do I want to buy Ethereum in this zone?
First of all, we need to do an Elliott Wave technical analysis, which is the most important as it gives us a full map of previous price movements. From my perspective, the price is forming a triple-three corrective pattern (WXYXZ). This is a classic corrective pattern, and we are in the last wave Z. Usually, what you want to do is buy ETH slightly below the previous wave (Y) (liquidity sweep).
What's more, the price is inside this bullish flag / falling wedge pattern. This is another bullish sign for us to buy ETH below the previous wave (Y). Also, we have a long-term trendline from October 2023 with a total of 2 touches, so we also want to buy on the third touch of this upper sloping trendline.
This is a strong combo. We have a strong confluence to buy ETH between 2800 and 2700. Let me know what you think about my analysis in the comment section, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
#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
Trading Ideas Results for March-AprilThis year I started sharing my analytical reviews and trading ideas since mid-March. I like using TradingView because here you can't edit or delete a published idea. Everything that has been published can be found and verified, which is not always possible on other platforms, for example, in Telegram channels where the administrator can adjust the statistics.
It's time to summarize the interim results of trading ideas from mid-March to April 30. In this review, I will only consider short-term ideas on the daily and hourly timeframes. Medium-term ideas on the weekly and daily timeframes will be analyzed in a separate review.
There were 4 short-term ideas. All of them are on the chart attached to this post. One for buying and three for selling. The results are also visible on the chart, and they are 100%, all targets were achieved. You can find more details about the ideas by following the links below (see related ideas). But was everything so good? Unfortunately, no, if we look more closely at how the price moved in each idea.
For AVAX, the selling time was chosen perfectly. Without any drawdown (2%), the price reached the target: +29%.
For ETH, I waited for the price to return to the range of 3200-3400 for buying, the drawdown after buying reached up to 3%, and the achieved target was +12%.
For SOL, the idea was to sell, and the drawdown on the trade reached up to half of the target (4%), but then the target was achieved with a gain of +11%.
For ORDI, a less favorable moment was chosen for selling compared to other ideas, resulting in a drawdown of 23%, which is comparable to the achieved final target of +24%.
It is worth noting that ORDI's market capitalization is 15 times smaller than AVAX's. Could this be the difference? What is an acceptable drawdown percentage for you before the idea works out? Share your thoughts in the comments.
By the way, as part of the educational article on March 31, I made a short-term forecast for OPUSDT. Interestingly, it also worked out. Without any drawdown, the target was achieved: +29%.
I will publish the interim results of medium-term ideas in a separate review.
#ETH/USDT Bullish above this MA...#ETHUSDT appears to be forming a bull flag pattern.
A bullish signal will confirm if we see a close above the blue 75 EMA and a breakout from the flag.
Until then, consider this a retest of the dotted trendline.
Let's wait for the weekly candle to close for more clarity, as the 75 EMA has proven quite reliable on the daily chart!
NFA, DYOR!
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PEACE
ETHERUEM → ETH is ready for an upwardhello everyone...
as you can see the coin hunted from both sides in this situation I am with the first hunted area so I am into the bullish trend for this coin.
on the other hand, the price touched the bottom line of the channel and is starting an upward movement from there and rejected the breaking idea.
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✓✓✓ 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 comment
Sell ETHUSDT Bearish PennantThe ETH/USDT (Ethereum) pair on the M30 timeframe presents a potential shorting opportunity due to the presence of a bearish pennant patten.
Potential Short Trade :
Entry: Consider entering a short position (selling) below the broken support trendline of the pennant after confirmation. Ideally, this would be around 3020 or lower if the price continues to decline.
Target Levels:
2764: This target is achieved by measuring the height of the flagpole (initial downtrend before the pennant) and projecting it downwards from the breakout point.
2692: This is a further extension of the downside target, based on roughly twice the height of the flagpole.
Stop-Loss: Once the entry point is confirmed, place a stop-loss order above the broken support line of the pennant, ideally with some buffer around 3040. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Thank you.
#US DOLLAR ANALYSIS BY CRYPTOSANDERS !!#US Dollar Analysis:
The US dollar surged after breaking out of the symmetrical triangle pattern. Currently, it's encountering resistance at a horizontal level. RSI signals overbought conditions.
A rejection seems probable, but a decisive breakout above resistance would confirm bullish sentiment. Remember, it often moves inversely to the crypto market.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my profit and losses. So, do your research before investing in this trade.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
📉🔍 ETH Trading Analysis 🔍📈Market Observation:
Yesterday's significant dip brought many altcoins, including ETH, into their support zones.
Trade Setup:
Entry: Long spot position between $2,850 - $3,050.
Take Profit: $3,400 - $3,700 or $4,100 - $4,350.
Stop Loss: Just below $2,800.
Risk Management:
Implement a stop loss just below $2,800 to mitigate potential losses.
📈💡 Trade Strategy Rationale:
Anticipate a bullish move in ETH from the support zone, targeting potential profit levels as indicated.
📊🔄 Stay updated on market conditions for trade adjustments! #ETHTrading #CryptoAnalysis 🌐🚀
Ethereum can correct to support level and then continue riseHello traders, I want share with you my opinion about Ethereum. By observing the chart, we can see that the price rebounded from the resistance level, which coincided with the seller zone and declined to the mirror line, where it at once turned around and in a short time rose higher to the 3530 level with the seller zone, thereby breaking them. But soon, ETH declined lower this level this mirror line, breaking them again and fell a little lower, after which in a short time rose to 3270 points. Then price turned around and made a strong impulse down to the support level, which coincided with the buyer zone, thereby breaking the mirror line with the 3530 resistance level one more time. As well then, the price started to trades inside the range, where ETH rebounded from the support level and tried to rise, but at once made a correction. Then price in a short time rose to the top part of the range, after which rebounded down to the buyer zone, which recently turned around and started to rise. So, at the moment, I think Ethereum can make small correction to support the level and then continue to rise. For this case, I set my target at the 3200 level inside range. Please share this idea with your friends and click Boost 🚀