Here I go long on Ethereum at $4,000Here I go long on Ethereum at $4,000 with 5x leverage.
Now watch in slow motion the road to 5 figures being built from now on.
I wanna see how your TA will work out and if you are skilled enough to track what I'm doing at this level
For you it's the end. For me it's just getting started. For you it's too late. For it's the beginning
FILECOIN AT $11 And ETHEREUM at $4,000
See you at 5 figures
ETHUSDT
ETH → What to expect?In Ethereum (ETH) trading, we have reached the global "OB" point on the monthly timeframe, marking it as our primary area of interest (POI) to begin analysis and strategy formation.
In addition, there has been a noticeable accumulation of liquidity from lower levels, indicating a potential decline to the 1-hour FVG (fair value gap) followed by directional development.
In such scenarios, it is extremely important to seek confirmation before making trading decisions.
Bitcoin's current ATH (all-time high) could lead to a period of consolidation, possibly followed by a rally in altcoins.
We continue to closely monitor the market, anticipating potential declines and aiming to achieve our initial targets.
ETHUSDT.1DBased on the given market data for ETH (Ethereum), the current price is at $3909.0 which is slightly below the 4-hour Bollinger Band (Bb4h) of $3997.0 and the 7-day Bollinger Band (Bb7d) of $3910.0. This suggests that the price is not overextended and there could be potential for upward movement.
The Relative Strength Index (RSI) values indicate that ETH is in neither overbought nor oversold territory. The 4-hour RSI is at 56.73, the daily RSI at 85.51, and the 7-day RSI at 83.92. Generally, a RSI above 70 is considered overbought, while a RSI below 30 is considered oversold. The daily and 7-day RSIs are quite high, suggesting bullish momentum, but also nearing overbought territory which could potentially lead to a pullback.
The Moving Average Convergence Divergence (MACD) on the 4-hour, 1-day, and 7-day charts are all positive, indicating a bullish trend. However, the high values, especially on the 1-day and 7-day charts, might suggest that the market is over-extended and could see a correction.
Looking at the support and resistance levels, the closest support level on the 4-hour chart is at $3737.0 and the nearest resistance is at $4029.0. If the price breaks above this resistance, the next targets would be $4150.0 and $4448.0. If it falls, it could find support at $3737.0, $3381.0, or $3120.0.
On the daily chart, the closest support is at $3404.0 and resistance is at $4317.0. On the 7-day chart, the closest support is at $2482.0 and resistance is at $4040.0. These levels can be used to set stop-loss and take-profit points.
In conclusion, the technical analysis suggests that ETH is currently in a bullish trend, but nearing overbought conditions. This could mean potential for more upward movement, but also risk of a pullback. As always, it's important to consider other factors and use risk management strategies when trading.
ETH LOCAL CORRECTIONThe price came to the zone of weekly OB. A huge number of unliquidated long positions at the bottom will not allow the asset to grow further, so we are unlikely to see growth in the near future. I expect a partial distribution of the asset and further decline to 3300 in the next few weeks.
HelenP. I Ethereum can reach $4000 points, and then start fallHi folks today I'm prepared for you Ethereum analytics. A not long time ago price rebounded from the trend line and in a short time rose to the support zone, but at once rebounded and declined below the trend line. But soon, the price backed up to the support zone, breaking the trend line again and later breaking support 2 too. After this movement, ETH a little rise, after which it made a correction movement ot support 2, which moment coincided with the trend line. After this movement, Ethereum rebounded from the trend line and tried to rise more, but failed and declined to the trend line. Then ETH bounced from this line again and in a short time it rose to one more support zone, which coincided with support 1, but at once made a strong impulse down almost to support 2, thereby making a fake breakout of support 1 and breaking the trend line again. But soon, ETH turned around and made an impulse up back to the support zone, breaking the trend line and support 1 one more time. After this, the price made a retest and then continued to move up. For this moment, I expect that Ethereum will rise to 4000 points, after which the price can turn around and start to decline to the support level. Therefore I set my goal at this level - 3745. If you like my analytics you may support me with your like/comment ❤️
Cryptolean Ethereum ETH UpdateEthereum is moving bullish, but slow within the key resistance zone of $3,837-$4,054.
A bullish break-out of $4,054 will send ETH price towards $4,569.
An inability to maintain price above $3,837 will push Ethereum price towards $3,531 and the key daily support at $3,275.
Intraday Chart
The ETHUSD intraday (4-Hour) chart broke through $3,938 and now is re-testing it as a support.
A bullish rejection of $3,938 will push ETH price towards $4,152 and higher.
A bearish dip to below $3,938 will slow down the price and will result in choppy price action.
Ethereum will follow BTC. A strong bearish rejection of $69,654-$73,422 in the BTCUSD daily chart will lead to the weakness of the whole #crypto market.
Like once read.
Thank you!
Do you believe that Ethereum - 1 ETH can cost $28k ?Here is our global vision of possible the Ethereum price movement in the coming years.
On the chart, assumptions according to the Elliot wave analysis
The current wave of growth is probably not over yet. But whether it will reach $3000 or $4800, we will be able to adjust it based on the move dynamics of the ETH price in the future.
Then will be the correction, which will need to be calculated more accurately based on the maximum of the current growth wave, will be made. But roughly speaking, in 2024, the ETHUSD price should no longer fall below $2000-2500.
Years have passed, and now we can say with certainty that Ethereum has the status of a stable "silver" in the crypto market. (all direct competitors from 2015-2017, such as LTC, DASH, BCH, etc. who were predicted to have this status in certain periods, have clearly deflated and failed to meet the expectations of crypto users)
Therefore, it is no longer correct to dream of super growth for the price of ETHUSDT, but modest x10-x15 for a possible future 2-year growth cycle, why not?)
What do you think about this wave analysis and are you ready to hold and sell your ETH in the range of $27000-28000 ?) Write in the comments
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🚧Ethereum is Bullish now🚧 & many Traders don't see it 👀!!!Hi-
COINEX:ETHUSDT
Ethereum is consolidating above the broken upper border of the rising wedge🧐
Wait for the price to trade at least above $2,500 to confirm the continuation of the uptrend with a possible target around $3,500🎯
✅ Due to the ascending structure of the chart...
- High potential areas are clear in the chart
-AB=CD
-Ascending Triangle
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 t!!
ETHUSDT: Next Big Swing Buying Opportunity! Price has been extreme bullish since last month, suggesting price to keep strong bullish momentum in upcoming days and month. March is known to be bullish month where many speculated ETH going to hit $5000 mark by end of the march. We think price will do minor correction towards $3100 to $2800 marked area region where price can bounce sharply towards $5000 target area.
Like and comment if you like our work!
ETH/USDT 1HInterval ChartHello everyone, let's look at the 1H ETH to USDT chart as you can see that the price has returned above the uptrend lines.
Let's start by setting goals for the near future that we can include:
T1 = $3,996
and
T2 = $4,161
Now let's move on to the stop-loss in case the market reverses its trend:
SL1 = $3,699
SL2 = $3,554
SL3 = $3,316
Looking at the RSI indicator, you can see how the movement is approaching the support line again, which may result in another price increase, but here you should pay attention to the STOCH indicator which remains near the upper limit, which may result in the need for a price recovery.
ETH DISTRIBUTIONAs in the case with bitcoin the asset is likely to be distributed now. I don't know how long the distribution will last but I am sure that the price will move down to gather the bulls.
A possible situation with a breakout upwards with short positions liquidation and further movement downwards.
In order to continue to grow, it's vital that we make the asset lighter
ETH - The ALTCOIN that CAN still x10🚀📉Hi Traders, Investors and Speculators of Charts📈
Ethereum has made an astonishing 6 consecutive green weekly candles. ETH is forever growing, with even more exiting developments on the horizon for this year. The Ethereum Foundation has announced the upcoming launch of the Dencun network upgrade on the Ethereum mainnet, following its successful activation on all testnets. Scheduled for March 13th , 2024, this upgrade mandates node operators and stakers to update their software.
With all of the development still happening mainly on ETH, I see a bright future for this altcoin as more adoption comes and market capitalization increases.
For the short term: From a technical indicator perspective and given how close we are to 4K, I think ETH increases a bit here before pullback, giving that often when we see "Overbought" in the weekly, there's usually a dip that follows the next weekly candle.
Make sure you check out this idea to get a better understanding of money-rotation between BTC and Alts:
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BITSTAMP:ETHUSD BINANCE:ETHUSDT
TA | ETH - Local perspectiveAt the moment we see a pattern forming on the 4H chart of $INDEX:ETHUSD.
If the price consolidates below $2 873, the potential targets for the price movement will be $2 787 and $2 724.
If the price consolidates above $3 037, the potential price targets will be $3 395 and $3 589.
Etherem to 4k without serious correction?As usual, BITSTAMP:ETHUSD tends to catch up with BITSTAMP:BTCUSD initially, as its price lags behind.
However, after the leader experiences significant upward movements, Ethereum follows suit and often surpasses those gains.
Technically, the price has been confined within a long upward accumulation channel. Once this channel was breached, the price accelerated to the upside.
Currently, Ethereum is in a consolidating phase, and a new upward movement could be imminent.
Considering the measured target for the long-term channel, we could anticipate a rise to around 4100.
Switching to a shorter timeframe, we observe that after the volatile day on February 29th, dips in ETH are aggressively bought, resulting in new highs (unlike BTC).
A break above the 3.5 zone should accelerate gains, with 3750 serving as the short-term target.
ETHUSDT: Emerging Triangles Suggesting Volatility AheadThe BINANCE:ETHUSDT chart on a 6-hour scale presents a compelling scenario with two notable triangle formations. The first, a smaller black triangle , seemed poised for a bullish breakout, but the pattern has failed to materialize as expected, indicating potential weakness or consolidation.
In contrast, the larger white triangle , encompassing a broader range of price action, suggests significant market indecision. Triangle patterns often precede periods of high volatility, and the size of this pattern implies a substantial move could be on the horizon. Traders should watch for a decisive breakout or breakdown from this larger triangle, as it could set the tone for the next substantial trend in KUCOIN:ETHUSDT .
The apex of the triangle coincides with key Fibonacci retracement levels, adding confluence to the potential breakout/breakdown points. A downward breakout targets the 0.618 Fibonacci level near 2083.91 USDT, while an upward move could test the 1.861 extension level, aligning with the previous analysis' target point D .
Remember, triangle patterns require confirmation via breakout volume; hence, traders should look for an increase in volume accompanying the breakout to validate the move.
ETHUSDT: Head and Shoulders Breakdown Targets for Short and LongAfter a thorough analysis of the BINANCE:ETHUSDT chart on a 6-hour timeframe, I've observed a complete Head and Shoulders pattern, with the neckline breached near point B. The pattern indicates a potential SHORT trade, with a target of point C at approximately the 0.618 Fibonacci retracement level of the prior uptrend, corresponding to a price of 2083.91 USDT .
Upon reaching point C , if the price action suggests a reversal with strong bullish signals, such as a Double Bottom formation, there could be an opportunity for a LONG position. The LONG trade could target point D , which is near the 1.861 Fibonacci extension level of the downtrend, projecting a target around 5104.17 USDT.
Please keep in mind this analysis is based on current technical patterns and Fibonacci retracement and extension levels, which are subject to change with market dynamics. This is not financial advice but rather a sharing of my strategy based on my interpretation of the data. Ensure to conduct your own research and apply proper risk management.
Trade safe and best wishes to all!
OPUSDT IDEAUPDATE
The breakout of the Ascending triangle pattern has already occurred within the 1Week timeframe✅
Seems Like Ready For Massive Bullish Wave📈
COIN DETAIL
Optimism price today is $ 3.75 with a 24-hour trading volume of $ 785.72M, market cap of $ 805.31M, and market dominance of 0.04%. The OP price decreased -6.76% in the last 24 hours.
ETHEREUM - Price can bounce down from resistance level to $3565Hi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to rising channel, where it at once declined to support line, after which bounced and continued to rise.
Soon, price reached $3200 level, which coincided with support zone and broke it, after which ETH made retest.
Then price rose to resistance line of channel, but at once fell to support line and then bounced up to $3820 level.
After this movement, ETH at once made strong downward impulse to $3200 level, but in a short time back up.
Also soon, price broke $3820 level, which coincided with resistance area, but at the moment ETH trades in this area.
I think Ethereum can bounce from resistance level and start to decline to $3565
If this post is useful to you, you can support me with like/boost and advice in comments❤️
🌟 ETH Spot Trade Opportunity After Potential Market Pullback! 📊 Analysis:
Current Price: ETH is trading at around $3,785, just above the $3,300 - $3,600 area of support.
BTC Surge: The recent BTC surge might lead to a small pullback in the market.
📉 Trade Strategy:
Spot Trade Entry: Laddering into a spot trade around the $3,300 level of support.
Upside Target: Aiming for the next resistance level at around $4,150 - $4,350.
Stop Loss: Positioned just below at $3,000.
🌐 Note: Keep a close eye on ETH's movement and adjust the strategy based on market dynamics! 🚀
Ethereum still looks bullishConsidering the breakouts that Ethereum has had on the chart, it seems that it is going to sweep all the liquidity pools on top of the chart.
The rebuy range that has a good R/R is the green range.
Closing a daily candle below the green range will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Feb.27-Mar.4(ETH)Weekly market recapBTC and ETH continue to perform strongly, with BTC coming close to reaching ATH last week. However, most tokens on the market continue to fluctuate, and only meme coins follow the pace of BTC. We noticed that during last week's rise, although BTC and ETH both experienced significant increases, tokens with derivative properties of BTC and ETH, such as ORDI, RATS, OP, and ARB, performed generally during this cycle. We believe that this situation may be caused by the short-term supply and demand relationship surpassing value investment. Recently, the increase in staking points projects such as Merlin, Babylon, and Eigenlayer is likely to increase the short-term demand of BTC and ETH.
After ETH broke through the given resistance level, it continued to rise at a fixed slope, and the strength of the bulls surpassed that of BTC. Trading volume remained at average levels.
Judging from the WTA indicator, ETH whales have not increased significantly like BTC, which is consistent with the previous rise. The ME indicator maintains its bullish trend.
Similar to the BTC situation at the 4h level, the blue columns representing whales participated in the recent rise. The ME indicator continues to maintain its bullish trend.
In summary, we believe that the bullish trend of ETH has not ended, and the stable rise has established a foundation for pump. So we raise the resistance level to 4000 and the support level to 3300.
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.