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ETHUSDT

Ethereum can correct to support area and then continue to riseHello traders, I want share with you my opinion about Ethereum. Observing the chart, we can see that the price some days ago started to trades in an upward channel, where soon ETH reached and broke the 2905 support level, which coincided with the buyer zone. After this, the price some time traded near this level and later tried to rise, but failed and made little correction, after which it finally rebounded up from the support line of the channel. In a short time later ETH reached current support level, which coincided with the support area, and soon broke it too. Then price continued to rise and reached the resistance line of the channel, but at once, the price turned around and declined to the 3300 support level. As well recently, the price rebounded from this level and started to grow, and now it continues to rise near the support area. For this case, I think Ethereum can correct to the support area, and then continue to rise to the resistance line of the upward channel. Therefore I set my target at the 3570 level, which coincided with the resistance line of the channel. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
1
HelenP. I Ethereum can correct to trend line and then rebound upHi folks today I'm prepared for you Ethereum analytics. If we look at the chart we can see how the price some time ago rose to support 2, which coincided with the support zone and in a short time broke this level. Then price some time traded near this level and when it reached the trend line it made an impulse up to 3125 points, after which it made a correction to the trend line. Then ETH rebounded from the trend line to support 1, which coincided with one more support zone. Soon, the price broke this level and rose higher of the support zone, but soon it made an impulse down to the trend line. After this, ETH in a short time rose back and even rose to 3520 points, but recently it declined to the support zone. Also, the price bounced from this zone and started to grow, so I think that Ethereum will decline to the trend line and then rebound up. That's why I set my target at the 3545 level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
2
Will ETH enter 4 waves?On ETH, we can see that the price has entered a very strong resistance zone, which could potentially mark the final move of wave 3, and then it would be worth seeing a downward move as waves 4. We have set a possible recovery level around $3,000, but it is likely that the price will return to the zone marked below, which would result in a drop of around 30%, similar to the previous recovery. The indicators also show movements exceeding the upper limit, which may additionally confirm the upcoming move to the 4th wave.
Short
by cryptodailyuk
ETHUSDT Elliott Waves Analysis (Global Vision)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Nothing has changed from my last Global idea from 18 july 2022. Still waiting for 6 - 7.5k zone, Enjoy more detailed chart. Surfing by waves :) Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH/USDT update from Crypto Sanders. Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the ETH 1-day update. A detailed examination of the daily chart underscores Ethereum’s robust bullish momentum, as the price undergoes a substantial and impulsive upward movement, reaching the critical resistance area represented by the prior major yearly high of 3.6K. Despite the formidable barrier at 3.6K, Ethereum’s overall outlook remains highly bullish, with market participants largely anticipating a successful breach of this level in the coming weeks. Such a breakthrough would likely signal the expansion of the uptrend towards Ethereum’s ATH, positioning the price for a new high in the medium term. However, until such a breakout occurs, the 3.6K price range is likely to serve as a containment zone for Ethereum’s movements. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
1
Alikze → USDT.D | Major ceiling supportTimeFrame: 1W Dominance Tether has taken a corrective path after breaking the neck line and the dynamic trigger line, as well as the pullback. Currently, it is placed in the ceiling of the previous major, which is an important support zone for the continuation of the path. Two scenarios can be considered for it. Scenario 1 : It should probably have a return to the range of 5.40 to 5.45 and after taking into account the downward momentum, this support should be broken, which can continue to correct after the pullback to the green gap box area. Second scenario : If this return is broken up to 5.40 to 5.45, it should probably have a retest to the neckline, and then in case of a negative reaction, we will witness the continuation of the correction. Note that this analysis is on a weekly basis and should be paid attention to in the medium term. Of course, we will try to carry out the necessary investigations in case of changes in behavior and structure. Note that Dominance Tether's movements are opposite to Bitcoin's price movements. That is, every rise of Tether's dominance will correct Bitcoin and the market, and vice versa ----------------- 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.❤️
CRYPTOCAP:USDT.DShort
by alikze
5
ZENUSDT IDEAUPDATE Broken Falling Wedge in Weekly Time frame Positively. If holds over broken level, 100-120% increase in price may be seen COIN DETAILS Horizen (ZEN) Price today is $10.37, for the last 24 hours 964,463 ZEN coins were exchanged with a trading volume of $10,004,091. It's currently traded on 21 exchanges. The price is down by (-0.75%) for the last 24 hours. It has a circulating supply of 7 million ZEN coins and is ranked #393 by current Horizen market cap of $75 million.
Long
by Altcoin_Ninjas
Bitcoin To Evaporate "Altcoins" Caution. I was around and saw it first hand when alt coins first launched Ethereum, Dash, Peercoin, BTS. All with dreams and high hopes built on fraud like an MLM scheme. How does it end? they have their cycle of a bull run outperforming Bitcoin for a short period of time followed by a slow painful decline, there's a reason we don't hear from the "Dash, D Cash" crew anymore, there's a reason we don't hear from the "Green" Peercoin yes they too had their, .Ether, Binacian, Dot communities. What could happen? the year could be 2026 and you won't hear a peep out of Ethereum, Binance people due to shame and the connection to ignorance of these ecosystems. I have no interest in "altcoins" and only followed a company called Tzero that tried to utilize legally the ERC-20 method to launch digital securities and guess what happened? they ended up shutting down operations due to ERC-20 on Ethereum simply not working or having a suitable model. Digital currencies, tokenization are experimenting with ERC-20 in house clones that operate internally with no token, as logically if institutions will adopt something like an ERC-20 standard they will just create their own like they're doing not relating to Ethereum's token. There is a major reason leading institutions are warp speeding Bitcoin spot ETF applications and not "altcoins". If history repeats I suspect altcoins like Ethereum / BNB / SOL / DOT to slightly follow the pull of Bitcoin but underperforming and eventually when Bitcoin is in a late stage bull run capital will bleed and bleed out of them back into Bitcoin. Lets see how this ultimately plays out, I expect when Bitcoin makes a move to $90,000 if Ethereum has not orbited near $6,000 the lost of trust in the alt networks will accelerate and the demise will start, you will see the communities like the last start panic followed by turning on each other followed by Bitcoin accumulation.
INDEX:BTCUSD
by FederalXBT
14
ETH Is it time for a correction?Hello everyone, let's take a look at the ETH to USDT chart on a four-hour time frame. As you can see, the price dynamically moved upwards from the downward trend line. After unfolding the Fib Retracement saitka, you can see how the price approached the very strong resistance level of $3,623, but it was rejected. Looking the other way, you can see support at $2,980, and then a second strong support at $2,669. Looking at the RSI indicator, we can see a return to the downward trend with room for correction, similarly, the STOCH indicator shows room for a greater recovery.
by cryptodailyuk
1
ETH Ethereum medium term Price TargetIf you haven`t bought ETH before the rally: Then in alignment with the analysis derived from the Elliott Waves chart pattern, Ethereum is signaling a potential retracement, with one of the legs down anticipated around $2,700. This correction is depicted in the chart pattern, suggesting a short-term bearish sentiment. However, in the broader market context, there's a noteworthy surge in optimistic calls for tech companies leading up to June 21 OPEX. This surge might coincide with potential positive market catalysts, such as the prospect of an interest rate cut. If Ethereum mirrors the trajectory of traditional market movements, there could be a renewed positive sentiment. In light of these factors, I speculate that Ethereum has the potential to experience an upside, reaching around $3,350 by mid-2024.
Short
by TopgOptions
2
The key is whether it can rise above 3321.30Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETHUSDT 1M chart) What is important is which direction it deviates from the Fibonacci ratio range of 0.5 (3097.94) to 0.618 (3548.07). However, since the HA-High indicator was formed at the 3321.30 point, the key is whether it can be supported around this point. (1W chart) If the price holds above the Fibonacci ratio point of 0.5 (3097.94), it is expected to lead to an upward move to around 0.618 (3548.07). Since the volume profile section is formed over the 2647.80-3059.37 section, it is time to buy if support is confirmed around the Fibonacci ratio point of 0.5 (3097.94). If it rises to the 3503.68-3962.19 range and shows support, I think it is highly likely that it will rise to around 4778.75. (1D chart) The BW indicator was formed at the previous closing point. Therefore, the area around 3242.36 is expected to form a support and resistance point. Since the important section is around the Fibonacci ratio point of 0.5 (3097.37), it falls from the 3242.36 point and falls to around 3097.37, which is the buying area. If it falls near the Fibonacci ratio point of 0.5 (3097.37), it is likely to fall near 2913.04, so a countermeasure is needed. If you cannot come up with a countermeasure, the only way is to buy when it rises above 3242.36. Looking at the Renko chart, support and resistance points are formed around 3300.0. Accordingly, we need to see if the price rises above 3300.0 and remains there. Have a good time. thank you -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched. If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
2