ETHUSDT: Bearish Setup – Time to Sell?ETHUSDT has been drawing attention with its recent price movements. The technical chart shows a potential selling opportunity as the price approaches a key resistance zone.
Key Resistance Level
Currently trading around 2,437 USD, ETHUSDT is facing strong resistance at 2,691 USD. This level has repeatedly proven difficult for ETH to break above, suggesting a possible price reversal once it is retested.
Trading Strategy
Traders are eyeing this resistance zone for a potential short opportunity. If ETH fails to break 2,691 USD and shows signs of weakness, a sell order could be placed, targeting lower price levels.
Bearish Target
If the bearish scenario plays out, the first target could be around 2,300 USD, with room for further downside if selling pressure increases. It’s important to set a stop-loss just above the resistance to manage risk.
What’s your take on this potential ETHUSDT move? Do you think it’s time to sell or hold? Let us know in the comments!
ETHUSDT
ETHUSDT: Sell Or Buy ! Based on the provided chart for Ethereum/USDT, the price is moving within a clear ascending channel, showing an overall bullish trend with potential pullbacks. Here is a brief analysis and strategy:
Current Price Movement: ETH is currently retracing from a recent high (around 2,490) but remains within the ascending channel.
Support and Resistance Levels:
Resistance: Around 2,490-2,500 (upper boundary of the channel).
Support: The lower boundary of the channel, near 2,440-2,450.
Trade Strategy:
Buy: Wait for a pullback to the lower boundary of the channel, ideally near 2,440. If the price confirms support in this area, a buy entry could be ideal.
Target: Look to take profits near the upper boundary of the channel, around 2,500-2,520.
Stop Loss: Place below the channel, around 2,430.
Market Sentiment: As long as the price stays within this upward channel, the overall trend remains bullish. However, a breakout from this channel (either up or down) could lead to significant price movement.
ETHEREUM - Time to buy again!The BINANCE:ETHUSDT is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD). also a bullish Hidden Divergence (HD+) on MACD which shows Positive Signs for ETH.
Note: we should wait for the breaking of the triangle and than make a move, If the triangle breaks, we expect a new ATH to occur, but in new year.
✨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!!
ETH LONG TRADE ENTRIESETH/USDT chart is very clean and clear. Did nice bounce back from major demand zone and did MSS in internal structure. Now I am looking to long from marked Demand zone which caused the structure shift. I will long from this area and will do DCA below the previous swing low where is SSL.
ETH/USDT: Inverse H$S Formation with Bullish Targethello guys.
Inverse Head and Shoulders: A clear bullish reversal pattern has formed, consisting of a left shoulder, head, and right shoulder, signaling a possible change in trend from bearish to bullish.
Engulfed Area: A previous price zone has been engulfed by the market, confirming the potential strength of the buyers at this level.
Support Zone: The $2,340-$2,350 level serves as the key support, previously tested during the formation of the inverse head and shoulders pattern.
Target Area: Price is currently hovering around $2,420 and could rally towards the identified target zone near $2,480-$2,490, as shown by the marked arrows on the chart.
___________________________
✓✓✓ 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
Uptrend reversal section: 2555.38-2646.97
Hello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
-------------------------------------
In order to turn into an uptrend, the price must be maintained above 2555.38-2646.97.
If not, there is a possibility of further decline.
In other words, there is a possibility of decline to around 2359.35.
Therefore, the key is whether it can receive support and rise near the 2464.82-2499.0 section.
------------------------------------
The above is the key to chart analysis.
However, it is not easy to find an answer to why this analysis was done this way with this content alone.
Therefore, in order to understand the content of my analysis, there needs to be an explanation of additional grounds.
-
The 2464.82-2499.0 section corresponds to the upper point of the HA-Low indicator box on the 1D chart.
Therefore, if it rises above this section, it means that there is a high possibility of forming an upward trend, so it is an important section.
-
There is something I need to explain before that.
The HA-Low. HA-High indicator is an indicator created to indicate a point for trading on the Heikin Ashi chart. (Refer to the HA-MS indicator)
Therefore, the creation of the HA-Low indicator means that a low section has been formed.
Therefore, if it is supported near the HA-Low indicator and rises, then it is the time to buy.
When I first created the HA-Low, HA-High indicator, I didn't show the box section.
Because of that, I felt like the HA-Low, HA-High indicator was useless in the movement that pretended to rise and fall.
In the meantime, there was someone who asked if I could trade futures with this indicator.
So, while explaining this part, I learned that the box section is formed based on the HA-Low, HA-High indicator and then the trend is formed.
That's why I'm introducing it to you in the form of an indicator included in the current chart.
There is no guarantee that the trend will continue just because the box section is broken.
However, I was able to know at what point I should sell and cut my loss.
Therefore, even if I couldn't draw the support and resistance points on the 1M, 1W, and 1D charts, if I can quickly draw the points related to the HA-Low, HA-High indicators shown on the 1M, 1W, and 1D charts, I can do a quick chart analysis.
-
Therefore, we can see why the 2464.82-2499.0 section is an important section, and why it should be supported at the 2359.35 point.
However, the 2555.38-2646.97 section cannot be explained by the HA-Low, HA-High indicators above.
To explain this section, we need to refer to the 1W chart.
If you look at the 1W chart, you can see that it is the BW line point.
Therefore, we can see that it is a section made up of the BW line point of the 1W chart and the BW line point of the 1D chart.
In addition, it is also a section that the M-Signal indicator of the 1M chart passes through.
Therefore, in order to turn into an uptrend, the price must rise above the M-Signal indicator of the 1M chart, which is a long-term trend line, and maintain the price.
Otherwise, it is highly likely that it will end in a short-term and medium-term rise, so there is a high possibility that the trading strategy for the uptrend will not be applied properly.
If you mainly do day trading or short-term trading, you can trade depending on whether the price is above or below the M-Signal indicator of the 1D chart.
Currently, the M-Signal indicator of the 1D chart is passing through the 2464.82-2499.0 range, so it can be said that the importance of the 2464.82-2499.0 range has been proven once again.
-------------------------------------------
As mentioned in the BTC idea, it is very important to find the basis for the support and resistance points that you have indicated.
Doing difficult chart analysis to find this can actually cause confusion in creating a trading strategy.
Therefore, it is recommended that chart analysis be intuitive and fast.
If you analyze charts for a long time, your mind will become cluttered with all sorts of random thoughts, so it is an element that should be avoided.
Chart analysis is about finding support and resistance points that can be used to create trading strategies by being as objective as possible and proceeding intuitively and quickly.
Don't forget this, and through chart analysis, you should be able to draw support and resistance points and find the basis for them to create trading strategies.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that a full-scale uptrend will begin when it rises above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start by forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
-----------------
"ETH/USDT 1H: Sideways with an Eye on the 200 Moving Average"ETH is now in a consolidation phase, sideways movements. The 200 MM is just above it, ETHUSDT often gravitates towards the 200 MM, so there is a possible upward movement in search of the 200 MM, the MACD intensifies the probability of an increase since it shows a bullish crossover, on the other hand the RSI is in an overbought condition, signaling a possible exhaustion of buying forces.
Let's see how everything will unfold!
If ETH breaks the resistance of $2436, it will go in search of the 200 MM at $2475. Now if it goes in a bearish direction and breaks $2387, then it only stops at 2352.
Bigger movements are expected at the opening of NASDAQ futures at the end of the day!
ETH/USDT 1D Interval chartHello everyone, let's look at the 1D ETH to USDT chart, in this situation we can see the price struggling to get back above the local uptrend line.
Let's start by setting goals for the near future, which include:
T1 = $2,471
T2 = $2,569
T3 = $2,642
T4 = $2,730
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $2,372
SL2 = $2,274
SL3 = $2,150
what if ethereum is a scam and mi is going down.what if ethereum is a scam and mi is going down.
Preparing to break the trendline.
The amount of ethereum is holding now is not enough.
The world situation is unstable, and only cryptocurrency investors are buying and investing, capitalization is getting smaller and smaller, money is not coming into the system, and at the expense of what the price will grow?
I've marked the zones where we can fall.
What are your thoughts?
ETHUSDT Today’s ETHUSDT analysis shows a potential bearish continuation. After a sharp 10% drop, the price is hovering around $2,390, signaling more downside risks. The chart indicates that ETH might enter a consolidation phase, with the price likely retesting the resistance zone between $2,839 and $2,535 before making another move lower.
Key Levels:
Resistance Zone: $2,839 to $2,535
Support Zone: $1,550 (major support zone highlighted below)
Trading Strategy:
Bearish Setup: If ETH struggles to break through the resistance zone, it may lead to further declines, potentially dropping to the support level at $1,550. Traders could look for shorting opportunities near the resistance around $2,839 with a target of $1,550.
Stop Loss: Place the stop loss just above the $2,839 resistance to protect against any unexpected breakouts.
New BottomWave (iv) of an Impulse originating from 3977 likely ended last Friday. Since the 2351-2439 zone serves as a support, a counter-trend rebound is expected. However, this should be followed by continued selling aimed below the August low of 2111.
A trend reversal in favor of bulls can be discussed only if the descending channel is broken.
The chart includes marginal zones, which should be used to determine the pivot point.
ETH Triangle Pattern on Daily ChartETHUSDT Technical analysis update
ETH is currently forming a triangle pattern on the daily chart, indicating potential consolidation. The price could dip to $2,250 before a possible breakout to the upside.
We can confirm the bullish move once the price breaks the triangle resistance and crosses the 100 and 200 EMA on the daily chart.
ETH/USDT Price Action Technical Analysishello guys.
let's dive into ETH!
Bullish Engulfing Patterns: Two significant bullish engulfing patterns are highlighted on the chart. These indicate a reversal of previous bearish trends, suggesting bullish momentum.
Quasimodo Levels (QML):
QML1: This support level, around the $2,585 region, was previously tested, and price rejected it, leading to the formation of the first bullish engulfing pattern.
QML2: The second Quasimodo level is marked around $2,600, where the price has recently reacted and is currently finding support after a slight retracement.
Resistance Zone: There's a clear resistance area marked just above the $2,680 level. Price might test this zone if it continues upward momentum.
Key Support Zone: The support area is between $2,585 and $2,600, which has been validated by the market reaction at QML1 and QML2.
Price Action Structure:
After a corrective move down, Ethereum has been showing signs of recovery, with the market forming higher lows.
The price is currently bouncing from the QML2 zone, looking to retest the key resistance at $2,680.
___________________________
✓✓✓ 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
ETHUSDT Faces Key Resistance, Downtrend Ahead?The ETHUSDT chart shows Ethereum currently trading within a sideways channel, with support around 2,400 USDT and resistance near 2,750 USDT. After a slight recovery, ETH seems unable to break through this resistance level and is now turning downwards.
Combined with uncertainty in the cryptocurrency market and macroeconomic factors, ETH is likely to continue fluctuating within this range before possibly breaking the support zone. If the 2,400 USDT level is breached, a strong downtrend could push ETH to lower levels around 2,200 USDT or even further.
Trading strategy: Traders can wait for ETH to reach the resistance zone near 2,700 USDT to enter a sell position, with a target of 2,400 USDT. If the price breaks below this support, continue holding the sell position with a lower target around 2,200 USDT.
ETH, recent pump barely scratching the surface MASSIVE MOVE NEXT
ETH recent pump was an indication of things to come -- good things.
The coin went from 1700 to 1900 within 72 hours -- indicating that a longer shifting trend is about to materialize. Based on recent news, low supply of ETH is being detected on most exchanges depicting a bullish scenario for the coin.
On weekly data, new higher lows was created both on Histogram and pricing -- conveying the recent ascend with the current price range to be the new base for the incoming significant price growth.
Weekly data price movement volatility has been on the conservative side hinting that for every higher low it established -- it is creating a solid support range.
On Tri monthly data -- it is hinting of the same bullish continuation scenario. Surging price valuation on longer time spectrum. A bubble up volume has finally appeared after 5 months of waiting, last one was on January 2023.
Expect significant price valuation for ETH in the next coming weeks.
The weekly chart is too clean, direction is certain -- no further explanation needed.
Spotted at 1850.
TAYOR
Safeguard capital always
ETH/USD "Ethereum" Market Money Heist Plan On Long SideHola ola My Dear,
Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist ETH/USD "Ethereum" market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 1H timeframe
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
Ethereum's bigger trend is bullishFrom where we inserted the green arrow on the chart, Ethereum has started to create a bullish diametric.
Now the F wave is over and Ethereum is preparing itself to move in the form of a G wave.
By maintaining the green range, it can be pumped towards the targets listed on the chart.
This means altcoins are bullish for at least 60-80 days
Closing a daily candle below the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ETHUSDT is Bullish now & many Traders don't see it !!ETH is forming a falling wedge on daily timeframe , Up we go if we do breakout.
✨After the fifth bullish wave, ETHUSDT has completed his corrective waves (ABC) , now it is time to start the five bullish waves and ETH is in the Megaphone.
🔵We have a Bullish Structure here
ETH formed a falling wedge on 1D timeframe🤔
Up we go if we do breakout , also a bullish Divergence (RD+) on MACD which shows Positive Signs for ETH.
✅ Due to the Ascending structure of the chart...
🟢 High potential areas are clear in the chart.
🟢 Bullish Wedge.
🟢 5th waves.
🟢Bullish Regular Divergence(+RD)
🟢Megaphone
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅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!
ETH's Situation: What Shall we Expect !!!ETH is forming a falling wedge on daily timeframe , Up we go if we do breakout.
🔵We have a Bullish Structure here
ETH formed a falling wedge on 1D timeframe🤔
Up we go if we do breakout , also a bullish Divergence (RD+) on MACD which shows Positive Signs for ETH.
✅ Due to the Ascending structure of the chart...
🟢 High potential areas are clear in the chart.
🟢 Bullish Wedge.
🟢 5th waves.
🟢Bullish Regular Divergence(+RD)
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅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!
Ethereum : ETH still BULLISH - Here's WhyFrom a macro analysis, ETH is very clearly in a bullish season. Apart from the obvious (following Bitcoin) there are a few other factors from which we can deduce that ETH is gearing up for another impulse wave UP.
👉 Higher lows
👉 Diagonal trendline acts as macro timeframe support
👉 Currently Three-White-Soldiers in the weekly - Bullish candlestick pattern
From a technical indicator perspective, we can see a healthy bounce on the lower white trendline. We can expect the rally AFTER the price reclaims the now upper red trendline (at which point it will turn GREEN).
The price is about to reclaim the 50d Moving Averages which, in the weekly timeframe, signals a bullish move:
________________________
BINANCE:ETHUSDT