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Ethusdtlong

📉🔍 ETH Trading Analysis 🔍📈Market Observation: Yesterday's significant dip brought many altcoins, including ETH, into their support zones. Trade Setup: Entry: Long spot position between $2,850 - $3,050. Take Profit: $3,400 - $3,700 or $4,100 - $4,350. Stop Loss: Just below $2,800. Risk Management: Implement a stop loss just below $2,800 to mitigate potential losses. 📈💡 Trade Strategy Rationale: Anticipate a bullish move in ETH from the support zone, targeting potential profit levels as indicated. 📊🔄 Stay updated on market conditions for trade adjustments! #ETHTrading #CryptoAnalysis 🌐🚀
Long
by Richtv_official
#ETH FORMING FALLING WEDGE PATTERN!On the daily ETH chart, there's a notable pattern emerging, potentially forming a substantial falling wedge. Statistically speaking, a falling wedge tends to signal bullish momentum. About two-thirds of the time, a falling wedge pattern breaks to the upside, while the remaining third breaks to the downside. However, it's important to note that until we observe a confirmed breakout above the significant resistance level currently at around $3450, any price target remains speculative. Once a breakout above this resistance level is confirmed, it sets up a bullish target at the top of the wedge, approximately at $4060. Additionally, another method to gauge the price target for a fall suggests a potential rise to around $4300. This implies a likelihood of the price returning to above $4000, contingent upon the confirmation of a breakout above $3450. Nevertheless, it's essential to remain cautious as there could still be resistance encountered along the way, even after the breakout above $3450. Keep in mind that other levels of resistance may pose challenges to the price's upward movement. So, while there's potential for a bullish trajectory, it's prudent to monitor the situation closely for further developments. #DYOR #NFA CRYPTOCAP:ETH BINANCE:ETHUSDT BITSTAMP:ETHUSD
Long
by CRYPTOMOJO_TA
2
ETHUSD BUY MORE FROM BUYING ZONE !!HELLO TRADERS!! ETHUSD now trading above the strong support zone and it has already tested it can move easily till 3000$ if it hold the support zone its is trading in a bullish trend and we can say it will continue till design levels this week FOMC meeting also coming the decision of US interest rates can create a volatility in the markets our risk reward ratio is great in this trading idea do a proper analysis before any trade share your thoughts with us it help traders community STAY TUNED ! for more updates
Long
by APEX_TRADING_ACADMEY
8
#ETH is holding the price above this 183 days long support!#ETH is currently staying above a support level that has held for 183 days, and the 100-day Simple Moving Average (SMA) is also acting as support. As long as we remain above this support, things look positive for a potential bounce back up in price. However, if the price falls below this level, we may see some corrections. Keep an eye out for further updates. DYOR, NFA #Crypto CRYPTOCAP:ETH BINANCE:ETHUSDT BITSTAMP:ETHUSD
Long
by CRYPTOMOJO_TA
Ethereum (ETH/USD) Bullish Opportunity following Anti-Gartley Introduction: In this technical analysis report, we will delve into the current market conditions of Ethereum (ETH/USD) and provide insights based on the formation of an Anti-Gartley Harmonic Pattern (XABCD). Our analysis aims to guide traders in making informed decisions regarding entry points, stop-loss levels, and potential profit targets. Pattern Recognition: ETH has exhibited the formation of an Anti-Gartley Harmonic Pattern (XABCD) on its price chart. This pattern suggests a bullish reversal is likely to occur, with point D serving as the anticipated starting point for an upward movement. Key Levels: - Entry: Near 3130 - Stop Loss: Near 2830 Analysis: 1. Entry Point (3130): Traders are advised to consider entry near the price level of 3130. This level aligns with the formation of the Anti-Gartley pattern and represents a strategic entry point for those anticipating a bullish movement. 2. Stop Loss (2830): To manage risk effectively, it is prudent to place a stop loss order near 2830. This level provides a buffer against potential adverse price movements and helps protect capital in the event of a reversal. Profit Targets: - TP-1 (3435): The first profit target is set at 3435. This level represents a significant resistance area where a partial profit-taking strategy may be considered. - TP-2 (3700): The second profit target is identified at 3700, reflecting a higher resistance zone where further profit realization can be anticipated. - TP-3 (3990): The final profit target is positioned at 3990, indicating a potential extended bullish move towards higher price levels. Conclusion: Based on the analysis of the Anti-Gartley Harmonic Pattern (XABCD) formation, Ethereum (ETH/USD) is poised for a bullish trajectory. Traders are advised to consider entry near 3130, with a stop loss at 2830, and profit targets at 3435, 3700, and 3990 respectively. As with any trading strategy, risk management remains paramount, and traders should adjust their positions accordingly based on market dynamics. This analysis serves as a guide for traders seeking to capitalize on the potential bullish movement in Ethereum. It is essential to conduct thorough due diligence and monitor market conditions closely to optimize trading outcomes.
BINANCE:ETHUSDLong
by trading_jupiter
ETH/USDT - Ethereum: BBand Breakout◳◱ On the $ETH/ CRYPTOCAP:USDT chart, the Bband Breakout pattern suggests a consolidation phase that could precede a trend continuation or reversal. Traders might observe resistance around 3665.84 | 3877.47 | 4320.63 and support near 3222.68 | 2991.15 | 2547.99. Entering trades at 3496.6 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Ethereum ▣ Rank: 3 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: Infrastructure - Smart Contract Platforms ▣ Overview: Ethereum is a distributed blockchain computing platform for smart contracts and decentralized applications. Its native token is ether (ETH), which primarily serves as a means of payment for transaction fees and as collateral for borrowing specific ERC-20 tokens within the decentralized finance (DeFi) sector. ◰◲ Technical Metrics : ▣ Mrkt Price: 3496.6 ₮ ▣ 24HVol: 832,367,434.530 ₮ ▣ 24H Chng: 3.168% ▣ 7-Days Chng: -0.38% ▣ 1-Month Chng: -10.72% ▣ 3-Months Chng: 48.91% ◲◰ Pivot Points - Levels : ◥ Resistance: 3665.84 | 3877.47 | 4320.63 ◢ Support: 3222.68 | 2991.15 | 2547.99 ◱◳ Indicators recommendation : ▣ Oscillators: BUY ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -1.84 ▣ Last 90D: 2.92 ▣ Last 1-Y: 1.35 ▣ Last 3-Y: 0.61 ◲◰ Volatility : ▣ Last 30D: 0.75 ▣ Last 90D: 0.62 ▣ Last 1-Y: 0.49 ▣ Last 3-Y: 0.79 ◳◰ Market Sentiment Index : ▣ News sentiment score is 0.83 - V. Bullish ▣ Twitter sentiment score is 0.53 - Bullish ▣ Reddit sentiment score is 0.59 - Bullish ▣ In-depth ETHUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
#ETH WEEKLY TIME-FRAME UPDATE!CRYPTOCAP:ETH #Ethereum Weekly Chart Update: ETH faced rejection from the $4k resistance on the weekly timeframe, and It has reached a low of $3k and has bounced back to around $3400. The support level is at $3550, currently it treading below this support but if the weekly candle closes above this level, it can be considered a good sign. However, if the weekly candle closes below this level, it can trigger concerns, leading to a potential drop to around $2600, in my opinion. It's important to note that whenever ETH has failed to surpass the $4k resistance level, it has experienced significant downturns in the past. For instance, in May 2021, ETH faced a rejection of nearly 60%, and in September 2021, it had a 32% drop. To determine if history will repeat itself, ETH needs to maintain the $3550 support level on the weekly chart. So keep an eye on the weekly candle close. #DYOR #NFA
by CRYPTOMOJO_TA
2
#ETHUSDT: Looking for a continuous bullish move up until $4500.BINANCE:ETHUSDT Price had left strong wick rejection and has show some strong bullish behaviour since last two days. We expecting ETH to hit a new record high which would be between $4500-$5000 which will be our final target before ETH make any major correction, use accurate risk management. There are two scenarios that can happen with ETH, if price decide to make any major correction before hitting 4500$ then the idea will be invalidated and we will update you all. Take this idea as secondary bias and always protect your capital. good luck and trade safe.
Long
by Setupsfx_
2
ETHUSDT - Up onlyThe current situation suggests a potential bullish trend for ETH/USDT. The fact that the MFI (Money Flow Index) on the weekly chart is at 82 indicates strong buying interest in the market. A high MFI value suggests that money is flowing into the asset, which could be indicative of a potential upward movement in price. Additionally, the RSI (Relative Strength Index) at 68 on the weekly chart is moderately bullish. While not in overbought territory (usually considered above 70), an RSI of 68 suggests that there is room for the price to continue its upward momentum. The RSI with a 58-period moving average (RSIMA58) may also be signaling a positive trend. If the RSI is above the 58-period moving average, it could imply that the recent price gains have been stronger than the losses. Taking these indicators into consideration, it's plausible to suggest that ETH/USDT may experience an upward movement from its current value of 2400 to a range of 3400 to 4600. However, it's crucial to approach such predictions with caution, as market conditions can change rapidly, and unforeseen events can impact price movements. It's recommended to conduct thorough research and consider multiple factors before making any financial decisions.
Long
by Bitcoinblockchainonline
ETH/USDT - Ethereum: BBand Breakout Super-Trend◳◱ On the $ETH/ CRYPTOCAP:USDT chart, the Bband Breakout Super-Trend pattern suggests an upcoming trend shift. Traders might observe resistance around 4181.48 | 4484.49 | 5278.24 and support near 3387.73 | 2896.99 | 2103.24. Entering trades at 4029.26 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Ethereum ▣ Rank: 3 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: Infrastructure - Smart Contract Platforms ▣ Overview: Ethereum is a distributed blockchain computing platform for smart contracts and decentralized applications. Its native token is ether (ETH), which primarily serves as a means of payment for transaction fees and as collateral for borrowing specific ERC-20 tokens within the decentralized finance (DeFi) sector. ◰◲ Technical Metrics : ▣ Mrkt Price: 4029.26 ₮ ▣ 24HVol: 2,289,413,601.168 ₮ ▣ 24H Chng: 2.079% ▣ 7-Days Chng: 11.03% ▣ 1-Month Chng: 61.23% ▣ 3-Months Chng: 83.11% ◲◰ Pivot Points - Levels : ◥ Resistance: 4181.48 | 4484.49 | 5278.24 ◢ Support: 3387.73 | 2896.99 | 2103.24 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: 13.20 ▣ Last 90D: 4.10 ▣ Last 1-Y: 2.28 ▣ Last 3-Y: 0.71 ◲◰ Volatility : ▣ Last 30D: 0.44 ▣ Last 90D: 0.52 ▣ Last 1-Y: 0.47 ▣ Last 3-Y: 0.79 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.53 - Bullish ▣ Reddit sentiment score is 0.52 - Bullish ▣ In-depth ETHUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
2