Ethereum: Bullish Targets of $10K to $15KETHUSDT Technical Anlaqysi update
Ethereum has been consolidating within a symmetrical triangle for approximately 1,500 days. This long-term pattern has seen the price consistently oscillate between support and resistance levels, gradually narrowing. Currently, ETH is rebounding off the triangle's support trendline and appears to be approaching the resistance level, suggesting the possibility of a breakout.
If CRYPTOCAP:ETH manages to break above this resistance, a strong bullish move could ensue, with potential targets around the $10,000 to $15,000 range. The breakout from this multi-year triangle formation could signify a significant upward trend for $Ethereum.
BINANCE:ETHUSDT BITSTAMP:ETHUSD BINANCE:ETHUSDT.P
Ethusdtlong
Ethereum: MACD Signals Potential Bullish! ETHUSDT weekly chart is currently showing a significant bullish signal, The MACD indicator has just completed a bullish crossover, where the MACD line crosses above the signal line, indicating a potential shift in momentum from bearish to bullish.
Historically, whenever similar crossovers have occurred on the weekly chart, ETH has often experienced strong upward movements in the following weeks and months. Adding to this positive outlook, the MACD histogram has turned green, reflecting an increase in bullish momentum as the distance between the MACD line and the signal line widens. This is a strong indication that buying pressure is supporting the signal, suggesting that ETH could be on the verge of a substantial bullish move.
ETH Price Holds Steady at Key Support LevelETHUSDT Technical analysis update
ETH price has been trading within a triangle pattern for the past 85 days, with multiple touches on both the resistance and support lines. A breakout is likely soon. If the price breaks above the resistance line, a strong bullish move could follow. However, if it breaks below the support, the price may drop to the $1,800 - $2,000 range.
ETH price has formed a triangle pattern at a strong 2-year support line.
In weekly charts 100 and 200 EMA acts as a strong support for ETH.
Currently, the ETH price is trading at a strong support level, indicated by multiple technical indicators. We can expect a bounce from this level after a few days of consolidation
Regards
Hexa
#ETHUSDT: Price went from 2365 to 3000, next target 5000? Dear Traders,
Our previous idea on eth, went well and our previous analysis is going well. Price rejected at 2365 and went on hitting 3000 region. However, the move has not finished yet, there is more possibility now that price will touch the previous record high, and might go beyond that level. Price might make smaller correction to 2600 and then continue the uptrend.
Good Luck.
ETH Next Target: $5,000ETH technical analysis update
ETH's price touched the trend support line on the weekly chart and has bounced 20% from it. The price also touched the April resistance level at $2,150, which is now acting as strong support.
Price dropped below 30 RSI in day chart, this could indicate the bottom for ETH. The 100 and 200 EMA act as agood support for ETH in weekly chart. We can expect a significant bullish move from the current level, with the potential to reach a new all-time high in the coming months.
Regards
Hexa
ETHUSDT: Next Strong Support at $2,100ETHUSDT Technical analysis update
ETH has been trading within a triangle pattern for the past 90 days, with the price repeatedly testing the triangle’s support line. If the price breaks below this support, a rapid drop to the $2,100 level could occur before any potential rebound. On the weekly chart, the 100 EMA is acting as a support level for the current triangle pattern.
ETH Symmetrical Triangle Breakout Could Ignite Rally to $3,500ETH/USDT is currently attempting to break out of a symmetrical triangle on the daily chart, a pattern that typically represents a period of consolidation before a strong directional move. The price has been coiling between a horizontal resistance zone around $2,750 and a rising support trendline, building tension for a potential breakout. Currently priced at $2,628.72, Ethereum has gained over 6% today, showing signs of upward momentum. If this breakout occurs, it could confirm a continuation of the broader bullish trend, with the next target for Ethereum sitting around $3,500.
From a technical perspective, symmetrical triangles are considered neutral patterns, but the current market conditions suggest a bullish breakout is more likely. The increasing volume and positive price action leading up to the resistance level are bullish indicators. If Ethereum clears the $2,750-$2,800 range convincingly, the measured move from the height of the triangle suggests a potential upside target of $3,500. However, failure to break could lead to further consolidation within the pattern, and traders should watch for a decisive move above resistance before entering long positions. Overall, the breakout scenario presents a favorable risk-reward setup for bulls aiming for $3,500 in the short to medium term.
ETHUSDT Bullish Triangle Breakout!ETHUSDT Technical analysis update
ETH has been forming a symmetrical triangle pattern over the last 75 days. The price has now broken the triangle's resistance on the daily chart and crossed above the 100 EMA. In the coming days, we can expect a strong bullish move in ETH
Buy zone : Below $2700
Support: $2525
Take Profit 1: $2850
Take Profit 2: $3125
Take Profit 3: $3550
Regards
Hexa
ETHUSDT Triangle FormationETHUSDT technical analysis update
ETH price has formed a triangle pattern and has been trading within this triangle for the last 70 days. The price is now approaching the triangle's resistance level, where the 100 EMA is likely to act as additional resistance. If a breakout occurs, we can expect a strong bullish move in ETH.
Regards
Hexa
ETHUSDT Triangle formation in 1H chartETHUSDT Technical analysis update.
ETHUSD is forming a triangle pattern on the 1H chart at a major resistance level. The price could touch the triangle's support again before breaking out. A bullish move can be confirmed once the price breaks the resistance line.
Buy after the breakout is confirmed on the 1H chart.
Regards
Hexa
ETH Long $2475! Ethereum Entering Long Zone!🤖🔥🚀 The 50MA on the daily chart aligns perfectly with the $2475 level + a squeeze!
Great entry point for a long!
ETH Long $2475!
Entry model: Breakout
First target: $2551
Second target: $2659
💡 ETH is currently a low-volatility coin with high volume. Leverage: 20x-50x!
Short stop-loss.
Ethereum Signaling a Possible Bullish BounceIn the weekly Ethereum chart above, several indicators suggest ETH could be approaching a significant support zone, potentially leading to a reversal:
The MACD is nearing a potential bullish crossover. This is typically seen as a signal that the downtrend could be losing strength and that buyers might step in soon. A confirmed crossover would likely lead to a shift in momentum towards the upside.
The RSI has dropped below the 40 level, approaching oversold territory (below 35). This indicates that ETH may be undervalued, and the selling pressure could be exhausted, hinting at a possible rebound in the coming weeks.
100 and 200 EMA: The 100 and 200 EMAs are acting as strong support zones. Historically, these EMAs have provided robust support during major market pullbacks, and they could hold up ETH’s price from further declines.
This indicates the bottom for ETH, and we can expect a bounce from the current support level.
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.
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ETH LONG TRADE IDEA WITH EXPLAINATION.ETH/USDT is in bullish trend already and on 2h it did a nice B o S, As per text book rulesafter BOS or CHoCH in bullish trend, we have to find an area of impulsive move that caused BOS or CHoCH. On the chart I have marked demand zone which caused BOS. This is the area where i will look for long oppertunity. SSL is also there above the demand zone which increases the chance of the trade.
#ETHUSDT: Ready to Explode, Get Ready For Big MoveDear Traders,
Hope you are doing great, we have an excellent update on ETH, possibility of big move is inevitable. We wanted to make sure that we have right area to buy eth and that is why we were watching the crypto pair since long time now. Now we think there is high possibility of price touching the previous HH on daily and monthly candle. Please be minded that, this is not 100% confirm and instead take this as a possibility.
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ETH 2317 Long. The coin came to the upper levelEntry Level: Monitor ETH at the current level of 2306.52. Add it to your watchlist and look for a familiar trading pattern or entry signal.
Targets:
1st Target: 2396
2nd Target: 2565
Leverage: Use a leverage range of 20-50X for this trade.
Stop Short: This suggests having a plan for exiting the position, especially if the price action doesn't move as expected.
Make sure to manage risk carefully, especially with high leverage, and adjust your stop-loss according to your risk tolerance. Happy trading, and keep an eye on the market movements!