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ETHUSDT

ETH/USDT Potential Wave 5 Rally – Targeting $3560 to $3700! 🚀 ETH/USDT Potential Wave 5 Rally – Targeting $3560 to $3700! 🚀 Ethereum has recently completed a corrective ABC structure, retracing from $3449 down to $3016, which appears to have marked the end of Wave 4. Following this correction, ETH seems poised for a breakout on the lower timeframes, which would confirm the start of Wave 5. Key Insights: Wave 5 Formation: After the corrective dip, ETH is set to resume its bullish trend with Wave 5, targeting a minimum extension of 1.272 based on the move from Wave 3 to Wave 4. This suggests a target around $3560 as a conservative estimate, with potential upside reaching $3700. Entry and R/R: With an entry at $3060, the risk-to-reward ratio (R/R) remains attractive, estimated around 5.15 if the breakout completes. This setup offers a favorable trade opportunity with clear upside targets. Price Targets: Wave 5 Minimum Target: $3560 (1.272 Fibonacci extension). Higher Target Zone: $3700 if momentum accelerates. 📈 Conclusion: ETH looks ready to rally into Wave 5 after confirming the breakout. Aiming for $3560+ with an optimal R/R of 5.15, this setup presents a solid opportunity for bulls. Let's see if ETH can ride the next wave up! ⚠️Disclaimer:⚠️ ⚠️ This is not financial advice! All information provided is for educational purposes only. Always conduct your own research before making any investment decisions. Trading carries a high risk and may result in the loss of capital
Long
by RhinoAkaBear
2
Will ETH Fill Its CME Futures Gap at $3,000?ETH CME futures gap between the $3,000 and $3,150 levels is expected to be filled before a potential upward movement. Historically, 95% of CME futures gaps have been filled, suggesting that this pattern may repeat. The $3,000 level serves as a strong psychological support for ETH, and once the gap is filled, a significant bounce from the $3,000 level can be anticipated. BINANCE:ETHUSDT BINANCE:ETHUSDT.P BITSTAMP:ETHUSD Regards Hexa
CME:ETH1!
by HexaTrades
USDT.DOMINANCE Chart Update ! USDT dominance is showing a downward trend after breaking out of a previous channel, which may indicate a decrease in stablecoin dominance in the market. The price of testing a green support zone is around 4.4%. If it fails to hold above this level, a further downside to the lower red support zone around 3.9% may be possible. This decline in USDT dominance could imply a potential increase in buying pressure within the crypto market, as funds flow out of stablecoins and into more volatile assets, fueling upward momentum in the broader crypto market. However, a bounce back above the support zone may signal a temporary reversal in trend. Traders should watch for reactions at these key support levels to better assess the direction of market sentiment. Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed. You can DM us for information on any other coin. @Peter_CSAdmin
CRYPTOCAP:USDT.D
by CryptoSanders9563
U.S.Dollar Chart Update !The US dollar recently broke above its descending triangle pattern and is testing a key horizontal supply zone. While it’s challenging this resistance, a potential pullback could still occur. The Ichimoku Cloud beneath provides strong support, reinforcing the bullish structure. Given the dollar's inverse correlation with crypto, any decisive move could significantly impact broader market trends. Stay alert to shifts in momentum as they may signal changes in the crypto landscape. Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed. You can DM us for information on any other coin. @Peter_CSAdmin
TVC:DXY
by CryptoSanders9563
ETH is bullish (8H)This analysis is an update of the analysis you see in the "Related publications" section Without hitting our entry range, it was pumped with positive news and reached TP 1, an important supply range has been cleaned. It is expected to move to TP 2 after pullback towards the green box. Closing a candlestick 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
by behdark
4
Ethusdt plunged in the channel, the target to 3,125 USDTEthereum (ETH) is currently showing a significant decrease in a 1 -hour time frame, moving in a discount channel. With the current price of nearly 3,214 USDT, ETH seems to be having difficulty overcoming resistance around this area. If ETH cannot break the resistance threshold of 3,218 USDT, the downtrend may continue and push prices to lower support levels, namely $ 3,125. Investors should closely monitor ETH's developments in the near future, especially when the price reaches the resistance of the channel. If this trend continues, ETH can decrease further, bringing short -term sales opportunities to short -term trading people.
Short
by UnknownUnicorn86525521
ETHUSDT: Buyers Reject 3450. Will Price Continue to Fall?ETHUSDT continues to be under bearish pressure from the 3445 formation. Panic? Profit-taking? Are buyers turning around? Ethereum’s recent price pressure could be due to general market sentiment, possibly due to concerns over regulatory announcements or macroeconomic data impacting risk assets. Theoretically, if the strength of the US dollar continues and the general market uncertainty persists, this could add further bearish pressure to Ethereum. Technically, it is worth noting the support zones mentioned. The 3130 level will hold for the long term as it is a very strong zone, but based on the setup and pattern, there is a high probability of seeing a breakout and decline. The 2775 - 2770 is an ideal zone to test as it is a strong intermediate bottom where price has responded to previous downside. Let me know what you think about this setup or if you have specific questions about this analysis!
Short
by UnknownUnicorn86525521
Ethereum | Sharks stockpile over $6 Billion in EthData from cryptocurrency analytics platform Santiment has revealed that so called ‘Shark’ addresses on the Ethereum blockchain have over the past year stockpiled over $6.2 billion worth of the second-largest digital currency by market capitalization.these addresses are defined as those holding between 10 and 10,000 ETH, or between $17,500 or $17.5 million worth of the cryptocurrency, and their supply has grown by 554,000 ETH in the past week, according to the platform’s data. Meanwhile, however, while ETH sharks have been accumulating heavily, whales on the network have “collectively dumped 9.4 million in the same timeframe.” These whales are defined as addresses holding between 10,000 and 10 million ETH, meaning from $17.5 million to $17.5 billion worth of the cryptocurrency. crypto forums are paying close attention to the various banking crises occurring globally. The company notes that “laws and policies going forward may have a dramatic impact on the trajectory of cryptocurrency”. Notably, Ethereum is set to undergo its highly-anticipated Shanghai-Capella upgrade, often referred to as Shapella, upgrade on April 12. The upgrade includes one key feature, with Ethereum Improvement Proposal, EIP 4895 will allow for withdrawals of staked Ether on the network, a functionality that wasn’t implemented when the network merged with the Beacon Chain and transitioned to a Proof-of-Stake consensus.the upgrade will also feature three other improvements aimed at optimizing gas costs for certain activities. The upgrade is set to take place on April 12 at epoch number 620,9536. Shapella is coming after multiple phases of public testing on three testnets, including Sepolia, Zhejiang, and Goerli. The upgrade was earlier this week deployed on the Goerli testnet as a final rehearsal ahead of the mainnet launch. The price of Ethereum is $1,820 today with a 24hour trading volume of 14 billion dollar. This represents a 5% price increase in the last 24 hours and a 27% price increase in the past 7 days next targets are 1830, 1840 and 1850$
Long
by moonypto
6
ETH Gearing Up for $4,000?The ETHUSDT chart shows a potential bullish scenario, with Ethereum forming a rounded bottom pattern on the daily timeframe. Currently trading around $3,333, ETH has rebounded significantly from its previous lows, indicating a strong upward momentum. Key Points to Consider: Rounded Bottom Formation: This pattern typically suggests a reversal of the downtrend, hinting at a possible sustained upward movement if the formation completes. Fibonacci Levels: The chart marks key Fibonacci retracement levels, which could act as future support or resistance. The target at the 1.618 Fibonacci extension is around $4,008, suggesting a potential upside if ETH breaks through resistance levels. Resistance at $4,000: The area around the $4,000 mark could pose significant resistance, which aligns with the completion of the rounded bottom. Breaking through this level might signal a stronger bullish continuation. Potential Strategy: Traders might consider looking for a breakout above the $3,386 level as an entry point, with an initial target near $4,000. However, a failure to hold above key support levels could indicate a reversal, so close monitoring is advised.
Long
by Sanhara
Nov.05-Nov.11(ETH)Weekly market recapLast week, Trump defeated Democratic candidate Harris on Wednesday to win the 2024 U.S. presidential election, following his promises of several supportive cryptocurrency initiatives that are expected to materialize. These include the dismissal of the Chair of the U.S. Securities and Exchange Commission (SEC), the establishment of a strategic BTC reserve to hold digital currencies obtained from assets seized from financial criminals by the federal government, and the promotion of the U.S. BTC mining industry, with the hope that the remaining global BTC will be mined in the United States. Currently, the U.S. is in a rate-cutting cycle, with a reduction already implemented on November 8, and another expected this year. As long as the CPI data on November 13 does not exceed expectations, the likelihood of further rate cuts is significant. Last week, there was a substantial net inflow into ETH ETFs, indicating that following Trump's victory, the favorable monetary policy has sparked optimism and speculative behavior among investors, leading to a significant influx of capital into the cryptocurrency market. Given the current landscape, the cryptocurrency-friendly regulatory environment, the substantial inflow of funds into ETH ETFs, and the macroeconomic benefits of the Federal Reserve's rate cuts are all catalysts for ETH's rise last week and its potential future increases. Under the leadership of BTC, ETH exhibited a one-sided upward trend last week, with the increase nearly compensating for the decline experienced since July of this year. The WTA indicator has shown blue bars, indicative of whale activity, suggesting significant capital inflow. Meanwhile, the orange wave area of the ME indicator is rapidly tightening, signaling a weakening of bearish sentiment. In summary, we anticipate that ETH may rise this week, although caution is warranted regarding potential pullbacks. We have adjusted the resistance level to 3400 and the support level to 3000. 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.
COINBASE:ETHUSDLong
by Sypool
ETH has been consolidating, but a breakout possible above 2700 🔥 CRYPTOCAP:ETH has been consolidating, but a breakout above the $2,700 level could fuel a rally towards $3,200 and beyond! 👀 Will we see Ethereum skyrocket again? 🚀 🔑 Key support holding strong at $2,124 – This could be the next big opportunity for bulls! 📈 Watch out for increasing volume and RSI divergence – the signals are aligning! ⚡️📊 #Ethereum #ETHUSD #Crypto #BullRun #Breakout #CryptoAnalysis #ETH #EthereumNews #CryptoTrading #Blockchain #Investing 💰 💥 Don't miss out on the potential gains! 💥 ETHUSDT Analysis Looking at the daily chart of Ethereum (ETH/USD), there are several key insights that can be drawn from the technical structure: 1. Descending Triangle Breakout: Ethereum had been moving in a descending triangle pattern since May 2024. After multiple tests of the support near $2,124, the price found significant demand in this area, indicating strong buying interest. 2. Key Support at $2,124: The base or support level of $2,124 has acted as a solid floor for Ethereum, as shown by multiple rejections. This is a crucial area to watch, and any future retest of this level could offer a buying opportunity. 3. RSI Divergence: The RSI shows signs of divergence, indicating that bearish momentum may be fading. This supports a bullish outlook, especially as price attempts to break through the descending resistance. 4. Potential Upside: Should Ethereum break above the resistance around $2,700, the next target is the $3,200-$3,600 range, providing a potential upside move of around 40% from current levels. Conclusion: Ethereum appears ready for a potential bullish breakout above the descending triangle. If the price stays above the key support level of $2,124 and manages to close above the resistance, we could see a significant rally towards $3,200 and beyond. However, a rejection could lead to further consolidation, so caution is advised for traders.
COINBASE:ETHUSDLong
by profitoptionnew
2
ETHUSDT Maintains Uptrend – Next Target $5,000?Currently, ETHUSDT is in a steady uptrend within an upward price channel, defined by two upper and lower trendlines. This price channel shows sustainable growth and creates trend-following trading opportunities. The main support zone is located in the green area (from around $2,400 to $2,800). This is a strong support zone that has been tested many times, providing a solid foundation for Ethereum's uptrend. The EMA 34 (purple) and EMA 89 (orange) are below the current price, which is a signal that the bullish momentum is still dominant. As the price continues to stay above these EMAs, the uptrend will be further strengthened. If ETH can maintain the uptrend and break out of the support zone, the next price targets will be higher levels within the price channel. The chart shows a potential rise to the $5,000 region and a possible test of the upper resistance of the long-term price channel if the uptrend is maintained.
Long
by UnknownUnicorn86525521
ETH/USDT Chart Update !!The ETH/USDT chart continues to show bullish momentum, with price action having recently broken above previous resistance levels and showing strength. The upward trend seems intact as ETH moves within a large descending channel, and the breakout suggests the potential for further upside. ETH has broken the 200-day moving average (green line), confirming strong upward momentum. If the current trend persists, the chart suggests potential upside targets around the $4,200 to $4,800 levels. However, given today’s slight decline, it may be wise to retest around the $2,700 support area to confirm the strength of the breakout. As long as ETH maintains the new support levels, this setup looks positive for the long-term bullish scenario. Keep monitoring any potential pullbacks for a safe entry if you are considering new positions. Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed. You can DM us for information on any other coin. @Peter_CSAdmin
Long
by CryptoSanders9563
ETHUSDT Aims for New High: Will It Reach Target of 3,974 USDT?Ethereum (ETH) is making waves in the crypto market as it broke out of its long-term consolidation zone, creating a strong uptrend. Currently, ETH is trading around 3,134 USDT, recording impressive growth in recent days. On the daily chart, we can see that ETH has broken above two important moving averages, the 34-day EMA (purple) and the 89-day EMA (orange), indicating that bullish momentum is taking over. Using the Fibonacci measurement, if the bullish momentum continues, the Fibonacci retracement levels plotted on the chart show important support levels that ETH could revisit in the event of a short-term correction. Specifically, the levels of 0.5 (2,804.34 USDT) and 0.618 (2,910.69 USDT) are likely to be strong support zones, providing opportunities for investors to buy in with bullish expectations as mentioned on the 1-day chart.
Long
by UnknownUnicorn86525521
ETH ETFs approved = sell the newsGuys I know what you're thinking which is probably "yeeeeah, ETH ETFs are finally approved, ETH to the moon" but as I said back when BTC ETFs got approved, this won't be the case, at least not right away! I expect a "sell the news" event because this is just another news after all! As you can see here (circled drop), the days who followed BTC approval price dropped around 17%, probably in this case it could be more. I suggest not to touch ETH now until the euphoric moment disappears and we see where we are headed. Good luck
Short
by Shotokhan
1
If it rises above 3438.16-3644.71, it is likely to renew the ATH Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (ETHUSDT 1W chart) The 3438.16-3644.71 section is an important support and resistance section. If it rises above this section and maintains the price, it is expected that there will be a movement to renew the ATH. - (1D chart) To do that, the key is whether it can rise with support near 3265.0-3321.30. Currently, since the HA-High indicator of the 1D chart is formed at the point of 3787.59, it is highly likely that a full-fledged uptrend will actually begin when it rises above the HA-High indicator of the 1D chart. Therefore, we can proceed with additional purchases when it shows support near the 1st and 2nd levels above. If it falls after receiving resistance near the 1st and 2nd levels, the 2895.47 point is expected to be an important turning point based on the current price position. ------------------------------------------- The longer the BW indicator rises to the 100 point and remains there, the more the pressure for a decline increases. In order to reduce this pressure, you must sell in installments. However, in a bull market like the current one, selling in installments is also difficult, so you should use a method of placing a reservation sell order at a point where it seems that it should not fall below this point. A sharp movement up and down is a signal that the bull market is ending. Since BTC has currently risen by more than 10%, it can be seen that there has been a sharp rise. Therefore, we must prepare for a sharp decline. When a sharp decline occurs, you should sell in installments to secure profits and buy more to maximize profits. These transactions are ultimately determined by how you place the reservation order. Since ETH has not yet updated its ATH, you can use the support and resistance points drawn on the 1M, 1W, and 1D charts. Therefore, you should set the importance of the support and resistance points and place a split trading reservation order accordingly to prepare for the decline. Currently, the important support area for ETH is 2895.47-2912.45. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the full-scale uptrend will start after rising above 29K. The area 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 forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
ETHUSDT Bullish Move Expected from Major Support LevelsETHUSDT Technical analysis update ETH is trading at a key support trendline, where it has been consolidating for the past 90 days. The 100-day and 200-day EMAs are acting as strong support levels on the weekly chart, further reinforcing this area as a significant foundation for price stability. Additionally, a previous resistance level has now turned into a strong support, strengthening the likelihood of an upward move. Given these indicators, a bullish move could be anticipated from the current levels if buying pressure increases.
Long
by HexaTrades
4
Ethereum/USDT: Bullish Breakout with Potential Reversal Zoneshello guys. let's analyze ETH! Trendline Breakout: ETH recently broke above a long-standing downward trendline, indicating a potential shift from bearish to bullish sentiment. Pattern Breakout: The breakout from a consolidation pattern further supports a bullish continuation, suggesting momentum toward higher targets. Reversal Zones: The first potential reversal area is around 2,880 - 2,900, where price may face resistance. The second possible support zone lies near 2,680 - 2,700, providing a backup level if price retraces. Target: The next bullish target is around 3,300, which aligns with previous resistance.
Long
by melikatrader94
17