ETHUSDT potential short-term correctionThe ETHUSDT market has recently experienced a decline, testing the key psychological level of 3000. Although it briefly broke below the previous support level, it soon retraced. Despite this, there are no clear signs of bullish momentum in the area, suggesting a potential lack of strong buying interest. This could lead the market to establish a range zone for accumulation. The market is likely to consolidate near this support level, with the range zone serving as both support and resistance. It is anticipated that the price could reverse and retest the 3000 level.
On the daily timeframe, the price appears to be forming an ABCD pullback, which implies the market might dip below the 2900 level. A similar pattern was observed earlier in 2024. The focus remains on the support zone near the 3000 level
ETHUSDT
ETH/USDT Chart Update:ETH/USDT Chart Update:
Ethereum is trading within a descending triangle on smaller timeframes, a structure often associated with bearish continuation. However, it could also signal accumulation if support holds.
Immediate support lies between $3,100 – $3,050, where buyers are attempting to prevent further declines.
Near-term resistance aligns at $3,200, followed by the upper boundary of the descending triangle near $3,300.
A breakout above $3,300 could trigger a rally towards $3,400 – $3,500, which would invalidate the bearish structure.
A break below the $3,050 level could see ETH retesting the psychological level of $3,000 or deeper support zones.
Volume and momentum indicators should be monitored closely to confirm any breakout or breakdown. Low-volume breakouts may lack sustainability.
Wait for a decisive move beyond the triangle pattern before entering. Bullish bias above $3,300; bearish continuation below $3,050.
This update shows the short-term dynamics and important levels for ETH/USDT in the upcoming sessions.
Let me know if you’d like further assistance or adjustments!
DYOR. NFA
$ETH is ready to move to the upside.CRYPTOCAP:ETH has been in a consolidation phase since December 16. This period was accompanied by a bearish divergence that appears to have played out. Now, CRYPTOCAP:ETH seems poised to pump again on the daily timeframe.
The correction was moderate, with a decline of -21%.
Several resistance and support levels are marked with my green lines. My refill box at $2900 was not reached, but the bottom at $3100 was successfully touched.
It looks like it's time to long $ETH. Resistance levels are at $3700, $3800, and $4000 on the way up.
Let’s see how it performs.
DYOR!
Important support and resistance zone: 3265.0-3321.30
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(ETHUSDT 1D chart)
It fell below the M-Signal indicator on the 1W chart while falling from the important support and resistance zone.
Accordingly, the key is whether it can rise to the vicinity of 3265.0-3321.30 and receive support.
If it fails to rise, it is expected to eventually touch the M-Signal indicator on the 1M chart.
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(30m chart)
As I mentioned in the BTC analysis, the key is whether the price can be maintained by rising above the M-Signal indicator on the 1D chart.
In other words, the key is whether the price can be maintained by rising above 3438.16.
Several indicators are passing near the important support and resistance zone of 3265.0-3321.30.
Therefore, we can see that it is an important zone.
If it fails to rise above 3265.0-3321.30, it is expected to touch the M-Signal indicator on the 1M chart.
Therefore, the point to watch is whether it can receive support and rise from the current price position (around 3136.41).
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Thank you for reading to the end.
I hope you have a successful trade.
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- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend.
Accordingly, the upward trend is expected to continue until 2025.
-
(LOG chart)
Looking at the LOG chart, you can see that the upward trend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, I expect that we will not see prices below 44K-48K in the future.
-
The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
That is, the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to it.
Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role.
The reason is that the user must directly select the important selection points required to create the Fibonacci.
Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
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Going long on EthereumBINANCE:ETHUSDT
Ethereum has declined to a critical 61.8% retracement level, and even grab liquidity below previous area of support, RSI is near oversold levels. Previous up move is in a 5-wave move, while current decline is in a 3-wave move.
Going long here, not a recommendation, with stop below the 78.6% FIBO retracement, and target at all-time high.
Good luck to you
ETH Under 3k: Gift or Curse? The Last Chance to Buy? Didn’t expect to see BINANCE:ETHUSDT back under 3k.
I’m taking some bids here and will place more below 2850 in case there’s a stronger flush this week.
There’s still a chance we see low 80ks on BTC, as I’ve been expecting, especially with the downtrend active on the 3-day chart.
I still believe this is an opportunity to build position plays, as mid to late Q1 could bring a move.
I’m accumulating patiently and expecting CRYPTOCAP:ETH to be above 6k by Q2.
ETH Eyes $2,800 Support: Big Move Incoming?ETHUSDT Technical analysis update
ETHUSDT has been trading within the same range of $2,000–$4,000 for the past 400 days. Currently, the price is forming an inverse head and shoulders pattern. In the coming days, the price could create the right shoulder of this pattern. A possible drop to the strong support zone at $2,700–$2,800 could complete the right shoulder formation. Once the price touches this support level, we can expect a strong bounce from that area.
Good Buy level: $2700- $2800
Regards
Hexa
ETH LONGThe chart shows an accumulation phase near the support level around $3,202.76.
The price action has been ranging, indicating a consolidation period as buyers and sellers are balancing out after taking sellside liquidity.
The area of accumulation is marked in orange, suggesting that this is a critical level where demand could overpower supply, potentially setting up for a breakout.
Key Levels:
Support Level: $3,202.76 (Accumulative Zone)
Target: 6666$
Market Sentiment: Frustration
Disclaimer: Always do your own research and adjust positions based on your risk tolerance.
Ethereum: I expect it to reach $1,800-$2,243.Current situation with Ethereum: I expect it to reach $1,800-$2,243 based on Coinbase data.
Not going into too much detail, but in short: the stock market will drop, and Bitcoin and Ethereum will follow.
➖ Please avoid using leverage—the market is highly volatile right now.
First 2,725$ Then 4,958$My near term game plan.
Bullish Gartley and Fibonacci levels.
1. Target 2,725$
2. Target 4,958$
3. Target 6.227$
* What i share here is not an investment advice. Please do your own research before investing in any digital asset.
* Never take my personal opinions as investment advice, you may lose all your money.
ETHUSDT - one n single supporting region, holds or not??#ETHUSDT - market just at his one n single supporting region that is around 3170 to 3240
keep close that region it will be most expensive region for ETHUSDT and if market hold it in only that case you can see again rise in ETHUSDT price otherwise not at all.
so if you can buy here then you should 3170 as major and cut n reverse area and below that go for cut n reverse on confirmation.
good luck
trade wisely
BTC | FRACTAL | Multi Month to Higher High?BTC has been full of surprises - but I'm not complaining.
Initially, I was following a strict Elliot Wave Theory pattern, which played out extremely well - until the price shot out above the target.
I then re-adjusted the target to just under or just over 100k, which hit shortly after. The most interesting part though, is actually Ethereum. The fact that ETH has not yet made a new ATH after the dramatic BTC high, likely tells us the bull cycle is far form over.
I've been making a few updates on ETH and Altseason, and how you use the BTC.D chart, the BTC chart and the TOTAL# together to get a clear indication of where we are at in the cycle.
I've done MANY updates using this chart, because it is such a powerful combo to use. The fact remains - we have not yet seen a new ETH ath. This raises flags (and in the best possible way) indicating that the bullish cycle is not yet over.
_____________________________________
BYBIT:BTCUSDT COINBASE:ETHUSD
The key is whether it can be supported and rise near 3644.71
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If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
-------------------------------------
(ETHUSDT 1M chart)
The two sections correspond to important support and resistance sections.
-
(1W chart)
The key is whether it can be supported near 3644.71 and break through the upper section of the HA-High indicator box on the 1M chart.
If it fails to rise, it is important whether it can be supported near 3265.0-3321.30.
-
(1D chart)
As before, we can see that the area below 3438.16 is a buying point.
Therefore, the 3265.0-3321.30 area is an important support and resistance area.
In particular, since the M-Signal indicator on the 1W chart is rising around 3265.0-3321.30, it is expected to play a more important support and resistance role in the future.
The current high point boundary area is 3831.12-3996.22.
Therefore, this high point boundary area can act as a resistance area.
-
Since the StochRSI indicator has changed its slope in the overbought area, it is important to check whether there is support around 3644.71.
If it falls without support, you should check for support near the MS-Signal (M-Signal on the 1D chart) indicator.
-
Thank you for reading to the end.
I hope you have a successful trade.
--------------------------------------------------
- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been following a pattern since 2015 and has been rising.
In other words, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend.
Accordingly, the uptrend is expected to continue until 2025.
-
(LOG chart)
Looking at the LOG chart, you can see that the uptrend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, it is expected that prices below 44K-48K will not be seen in the future.
-
The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
In other words, it is the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, it is expected that this Fibonacci ratio will be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to this.
If the ATH is renewed, there are no support and resistance points, so the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as support and resistance.
The reason is that the user must directly select the important selection points required to generate Fibonacci.
Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous to use it for trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
-----------------
Ready for more gains? Is Ethereum’s next target $4150?Hello and greetings to all the crypto enthusiasts, ✌
In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Ethereum , 📚🎇
After a few days of movement outside its established range, the price has once again returned to the parallel channel it had previously formed. Given this development, I foresee additional upward momentum from the channel’s lower boundary, with further targets positioned higher. This price action suggests a continuation of the trend, supported by a clear trendline that marks the final target. The trendline serves as a reliable reference for projecting the potential price trajectory moving forward. Consequently, the outlook remains bullish, with the expectation of continued gains. 📚💡
🧨 Our team's main opinion is: 🧨
After several days, the price has returned to its previous parallel channel, and I expect further upward movement from the lower boundary, with the final target confirmed by a clear trendline.
Give me some energy !!
✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box.
Cheers, Mad Whale. 🐋
ETH Buy the Dip ZonesETH daily chart has a blood diamond. We typically see a continuation of the down trend in the 4-6 candles following a blood diamond.
We broke down out of the H&S on daily. If we close here today and we will need to see where we open tomorrow and see if we confirm the H&S.
My down trend targets are shown on the chart. I will be looking to take longs in the lower zones. What I'm doing is placing limit orders at the 3 SD level as I expect for us to bounce in 1 week time frame although I expect us to wick down deep.
ETH: This May Be Your Last Chance Before Exploding to Upside !!Don't lose hope; it's not time yet. As you can see, there are still signs of potential price growth in the higher time frames. If you really have patience, start buying gradually during these price drops and have a hope . This exprience coming from someone who has seen Ethereum at $50.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅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: Attempting a Recovery After the Dump
Hey, traders! Today, we’re focusing on $ETHUSDT. The price is trying to recover after a sharp dump, currently sitting at 3,345.52 USDT . We see a support level at 3,308.46 USDT , which has held up under pressure, but its retention remains critical.
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🔑 Key Levels:
Support:
3,308.46 USDT — the key zone where buyers might keep the market steady.
3,302.52 USDT — an additional defense level in case of renewed pressure.
Resistance:
3,360.00 USDT — the nearest target to test the bulls' strength.
3,400.00 USDT — a zone for partial profit-taking if the upward momentum continues.
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🚩 Trading Strategy:
Entry Point:
- Consider a long position after confirming the support at 3,308.46 USDT and observing a bullish impulse.
Stop-Loss:
- Place your stop below 3,302.52 USDT to minimize risks.
Take-Profit Targets:
3,360.00 USDT — the first profit-taking point.
3,400.00 USDT — the final target for this upward move.
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📈 Technical Analysis:
The sharp volume dump indicates a liquidity grab attempt.
If bulls can hold the 3,308.46 USDT level, recovery toward resistance is possible.
It’s important to monitor volume and price reaction at key levels.
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💡 Conclusion:
Ethereum is clearly attempting to recover after a strong dump, but buyers must hold support. Will the market manage to reclaim lost ground? Share your thoughts in the comments!