ETHUSDT
ETH - Huge Oi rise. Big move is comingETH - Huge Oi rise. Big move is coming
Open interest increased by more than 100k contracts on Binance only. Ofthen that's a signal that big move is coming.
in a video i shared with you 2 examples on BTC and ETH how price moved 20% from it.
I highly recommned you to watch vidoe to see my plan and make money on it.
ETHUSDThink we are entering the eth a security? lol nah it isnt phase of the eth etf rumour phase
aka consolidation and building a base for a few weeks before we can move up again post halving and full moon
Theres also a fomc meeting in this period which should shake the whole market a little as per usual, pump/ dip into the meeting then pump after the news usually for that kind of event
over excited investors bet on the outcome premarket and the market moves to shake out any overlevered positions to either side before coninuation presumably
Mar.26-Mar.31(ETH)Weekly market recapThe market enters April. This is the month when BTC and BTC forked coins will be halved. Historically, BTC has experienced a certain correction (greater than 20%) before the past four halving times, and then started the main rise of the bull market. There was no significant drawdown in this cycle. Perhaps the BTC ETF and staking activities have increased the demand for BTC and ETH compared to the past.
On the macro front, in the past three months after entering 2024, the performance of employment data and CPI in the United States has not been good, and the market's expectations for interest rate cuts have gradually moved backward as the indicators have deteriorated. The market currently expects that interest rates will begin to be cut at the June FOMC, but judging from the current economic data, there is still the possibility of further postponement.
ETH gradually weakened after hitting 4000 in mid-March. The price rebounded above 3500 and then entered a range. The rebound is weaker than that of BTC, which may also be caused by the decline in popularity after Dencun’s upgrade or the unclear prospect of ETH ETF. And there is currently a large amount of ETH staked in the staking or restaking protocol, which poses a risk of volatility.
From an indicator perspective, ETH remains weak. There was no blue columns representing whales during last week's rebound, and there was a decline in trading volume. Although the ME indicator remains bullish, the wavy area gradually narrows.
Switching to the 4h level, based on the recent fluctuation, the ME indicator maintains a slightly bearish, but this is not important. One of the few things makes us exciting is that during the callback of ETH, MBF showed bottom-buying sentiment, which is consistent with BTC.
To sum up, we believe that ETH is in worse shape than BTC. The power of bulls weakens. We maintain the original resistance level of 4000 and lower the support level to 3100.
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.
Another ETH dip InboundLorentzian Still showing negative with upward movement. All indicators still showing negative probabilities. Downward pressure small but still present. Bounce off of 3400 due to volume profile. Next leg down at previous target of 3260 for reentry.
If 32000 doesn't hold Current medium term trend broken then the next step down is at the .68, 2/1 Gann that is also supported by volume profile. Large Negative nodes still exist at these levels and the price will naturally fill them in over time. Major support at the 2500 Area and below.
If ETH holds 3260 current trend continues and indicates large Bull Flag, If it falls to 2500 Bull theory is not invalidated, however time frame to New ETH extends due to new higher levels of resistance from current Bag Holders.
Entry Target:3260
Stoploss:2900
Target 1: 4241
Target 2: 4941
Risk/Reward: 5.01
Probability: 96.08% (1000 days data, 2000 simulations, No black swans)
Target Date: 04/16/2024
Elliot correction wave possibly goes 1 of 2 ways, if 3200 holds and breaks and holds 4066, Continuation confirmed. If denied at that level, I will liquidate as Elliot waves indicating Head and shoulders pattern with a reentry at 2627.
Possible HS move:
Short
Entry:3993 after rejection
Exit: 2678 off of major support
Risk/Reward: 5.18 +1309 P/ETH
Then Reentry to Long Position:
Entry:2678
TP1: 3530
TP2: 4004
TP3: 4941
Stoploss: Standard 10% Trailing stop loss determined by average trend daily possible reversable loss.
Risk/Reward:10.5
Bearish and Bullish are just be adjectives. Be both.
-Soup Kitchen Day Manager
ETHUSDTETHUSDT, from my perspective, is a currency that I believe has potential on a medium-term basis. I have identified key resistance areas that are likely to turn into support once reached, and the price should respect these levels during corrections.
Please note that trading is done at your own responsibility; the above is merely my opinion.
📈Ethereum Analysis: Potential Scenarios in 4-Hour Timeframe✨🔍Today, let's delve into the analysis of Ethereum (ETH) to identify its growth or decline potential.In the 4-hour timeframe, ETH experienced a correction downward to around $3200 after reaching $4063. Currently, it's ranging between $3645 and $3480, with the previous candle breaking below the range. Now, we need to assess whether this could lead to stabilization or a potential fakeout.
⚡️From a Fibonacci perspective, retracement from the 50% level suggests the possibility of further downward movement, potentially extending the correction. If we continue to decline and breach $3299, we might target $2899, a strong support level that could anchor ETH against excessive correction.
📊The volume of red candles significantly outweighs that of green candles, indicating stronger selling pressure. Should this trend persist, further decline can be expected.
💥Regarding RSI, it previously held support around 44.89, coinciding with $3480, but has now dipped to 37.18. A breach of this level may not provide much distance to oversold territory, potentially leading to sharp movements.
💎Overall, these analyses apply to the 4-hour timeframe, with all movements constituting minor corrections in the weekly perspective.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
ETHBTC at a cycle bottomBINANCE:ETHBTC appears to be reaching a cycle bottom. Sentiment is quite sour (and for good reason). But has things really changed? Just seems like a typical decline while Monthly RSI as at the same level as 2019 with very similar timeframes. Total value locked in DeFi is increasing. Volume is picking up while DEFI dominance is steady, i call that bullish divergence.
ETH/USDT should price respect support? 👀🚀ETH analysis💎 Paradisers, the #ETHUSDT pair is currently exhibiting notable strength, suggesting a potential bullish reversal from its support level at $3,449.06. If the price maintains its momentum at this level, there is a significant likelihood of a bullish upswing that could surpass the nearby resistance at $3,672.
💎 Taking a historical perspective, Ethereum (ETH) has consistently followed a downward trend, frequently encountering resistance around the $3,672 mark. We anticipate that the price may revisit the support level at $3,449.06 before embarking on a further bullish trajectory. Interestingly, this level has been respected twice in the past.
💎 In the event that ETH faces challenges in maintaining its momentum at the $3,449.06 support, we expect a bullish recovery from the lower support zone around $3,274. However, a breach below this point could potentially lead to additional declines. Let’s remain vigilant and be prepared to adapt our strategies as needed.
Alikze »» KAVA | The trigger pullback is brokenIn time W1, after exiting the density and pulling back to the dynamic trigger, it will now have the ability to grow up to the red box area, and if it fails, it will succeed in continuing the upward path to the specified goals.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Sincerely.❤️
ETHEREUM - Price can reach resistance level and try to break itHi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊
Some time ago price entered to rising channel, where in a short time later it reached $3060 level with support area.
After this, ETH soon broke this level, made retest, and continued to move up to $3670 resistance level.
Ethereum reached and broke $3670 level and rose to resistance line of channel, after which made downward impulse.
Thereby price exited from rising channel, broke mirror line, fell to $3060 level, and started to move up in triangle.
Inside triangle, ETH rose to resistance level, but recently bounced down and now trades near support line.
In my mind, Ethereum can reach resistance level and break it, after which continue to rise to $3965 mirror line.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
ETH HAS BEEN SERVED BY THE SEC! GOOD BYE ETHEREUM!ETH HAS BEEN SERVED BY THE SEC! GOOD BYE ETHEREUM!
Hello everyone. Just as I thought something big was going to happen well here it is. SEC is going after Ethereum. A lawsuit by the SEC has possibly already been filed. If you need a better explanation please watch the video by Bitcoin University on youtube that just came out, he explains it fully and why he believes they have already been served already has 20k views. This would be a perfect catalyst to make ETH drop to way low prices over the next many years during the lawsuit. Look what happened to XRP and multiply that x10.
Oh boy this is going to be epic. Once ETH loses and is deemed a security because it simply is theres no way around it. ETH is going to TANK mark my words people. I called this years ago. I knew this would happen but I was called crazy. We'll see who the crazy one is at the end of this. Do you realize how much money the SEC is about to make. This is why Bitcoin, Litecoin and a couple others are going to go to such crazy numbers no one would ever imagine. The whole shltcoin market is about to drain into the real decentralized crypto commodities.
THE ONLY NON SECURITIES IN ALL OF CRYPTO RIGHT NOW IS BITCOIN, LITECOIN, DOGE, AND BITCOIN CASH.
There may be others like Feathercoin, or Namecoin from the early days but they are dead chains.
Isn't it funny how Charlie Lee stepped down from Litecoin just at the right time right before securities regulations? I Hmm and Digibyte founder Jared Tate just did the same thing, hmmm? All these decentralized mined cryptocurrencies from the early days that all these people called dinosaurs could actually rise up again and become the top 5? No way right? Wrong its happening but most of you were too blind to see it. Maybe youll see it now or maybe you learn lessons the hard way and you lose all your money.
Once this thing starts to fall its going to be a waterfall youll never get out of your staking in time.
If ETH is a security then SOLANA is BNB all of them, its all over for all these shlt coin scams like DogWifShlt and all the other trash all these fools are buying. Coinmarketcap will be half of one page you'll see. The rest will be archived for future reference and so people can have a good laugh at what people actually invested in! Dont be a fool and hold to zero, I would get to the exits and into something safe ASAP or you may gut stuck in the burning building cause the exits are jammed. Im not biased I just know whats coming and I dont want to see you all lose money, I hate it when people lose money.
Not financial advice just my opinion!
SasanSeifi 💁♂Ethereum - A Look at the 5-Day ChartHey there,✌
MEXC:ETHUSDT Price broke above the critical $2100 resistance level and consolidated with a bullish trend, reaching $4000. After reaching those highs, the price met some resistance and pulled back a bit. it's currently showing positive signs around the $3000 FVG (Fair Value Gap). As long as the price remains above $3000, the long-term outlook is bullish, with targets of $4400 and $4700.
In case of a breakdown and confirmation below the $3000 support, the probability of a deeper correction increases.
This is not financial advice, though❗ Do your research before making any investment decisions.
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌
ETH Same Fate As TerraClassic? Macro Rising Wedge Target $8ETH is looking weak guys. I think ETH will maybe have another small rally but in the macro I think ETH will dump hard out of this massive rising wedge. LUNA Classic did the same thing, and I even predicted the fall of Luna well before it ever happened when Luna was in the $80 dollar region. It far exceeded my expectations on how far it would drop but regardless the move happened. Now I think ETH is losing steam as well and this massive rising wedge is extremely dangerous and quite frankly ETH is very overvalued for what it is now. A centralized slow and expensive blockchain. Very overvalued in my opinion. ETH is about to move out of the way and make room for better, faster, cheaper projects. Good luck to everyone out there holding ETH. This is not trading or financial advice this is just my opinion. If you appreciate my work please give me a boost and follow for more updates on your favorite coins. Good luck and thank you all for checking out my charts.
This is my LUNA prediction from way back almost exactly a year ago today!
BITCOIN - About To Blow! 🔥We are now at a critical point in our analysis. We are almost at the extremes of the parameters where Bitcoin can fall.
Major Waves - Circled waves
Subwaves - Bracketed waves
In our analysis, we are still within the major wave 3 (which is made up of 5 subwaves). We are on the 4th subwave correction, which is an 3-3-5 ABC flat correction. We're anticipating price to stay above the blue structure and start its 5th major wave.
Trade Idea:
- Watch for bullish pressure above 13.5k
- Invalidation level is below 13K
- For further confirmation, watch for the descending trendline to break
- Targets: 64k, 80k and 100k
Goodluck and as always, trade safe!
ETH/USDT 4HInterval ChartHello everyone, let's look at the 4H ETH to USDT chart, as we can see, the price cannot break through the uptrend line, remaining in the downtrend.
Let's start by setting goals for the near future that we can include:
T1 = $3,705
T2 = $4098
and
T3 = $4734
Now let's move on to the stop loss in case of further market declines:
SL1 = $3,354
SL2 = $2,902
AND
SL3 = $2,581
Looking at the RSI and STOCH indicators, we can see an attempt at a deeper recovery, just as the BTC price is currently recovering.
📈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.
Ethereum can continue to decline to support line of wedgeHello traders, I want share with you my opinion about Ethereum. Observing the chart, we can see that the price a few moments ago entered to upward wedge, where at once rebounded from the support line and made a strong upward impulse to the resistance level, thereby breaking the 3060 support level, which coincided with the buyer zone. In a short time later, ETH broke the 3670 level, which coincided with the seller zone, and soon reached the resistance line of the wedge. After this movement, the price turned around and at once fell to the seller zone, and soon broke the resistance level one more time. Next, ETH made a retest and then continued to decline to support line of the wedge, after which it turned around and made an impulse up to the 3670 resistance level. But recently, the price rolled down and now it continues to decline close to the resistance line of the wedge. In my opinion, Ethereum can grow to the resistance line and then rebound down to the support line of the wedge. So, that's why I set my target at the 3225 level. Please share this idea with your friends and click Boost 🚀