Ethusdtlong
📈Ethereum prediction, 2K or 1.6K? 📉BINANCE:ETHUSDT
COINBASE:ETHUSD
Hello dear traders
Three drives pattern is either bullish or bearish. Since it is a reversal pattern when it fails, the three drives pattern indicates a strong continuation of the current trend.
Divergences are marked on the chart!
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Ethereum -> Will The Cluster Actually Hold?Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Ethereum 💪
If we are looking at the macro view on the monthly timeframe you can see that Ethereum perfectly retested the 0.768 fibonacci level in confluence with the previous cycle high so everything looks like we are starting the next major bullish crypto cycle.
The weekly structure level at the $2000 area is still pressing Ethereum but eventually I also do expect a break above this level and then simply more weekly bullish continuation.
Looking at the daily parallel rising channel on Ethereum you can see that Ethereum is currently retesting the lower support, market structure is still bullish but we could certainly see a break below the level and then I am using every dip to buy more Ethereum.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
ETH Massive Formation With Huge Breakout Potential!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
In the daily time frame ETH is making this symmetrical triangle pattern, it trending around $1885 currently i am expecting some drop upto the lower level of this pattern which is 255D strong support and then we can expect some bounce after it hit the lower level.
INFO ABOUT SYMMETRICAL TRIANGLE
The Symmetrical Triangle Chart Pattern indicates an ongoing period of price consolidation before the prices break.
A bullish symmetrical triangle is a bullish continuation chart pattern, the movement preceding the triangle’s formation must be bullish.
On the other hand, A bearish symmetrical triangle is a bearish continuation chart pattern, the movement preceding the triangle’s formation must be bearish.
The symmetrical triangle pattern is different from a descending or ascending triangle pattern as both triangles’ lower and upper trend lines slope towards the centre point.
A horizontal upper trendline is formed in ascending triangles that predict a higher breakout. With a descending triangle, a horizontal lower trendline is formed that predicts a lower breakout
The trend lines should be equal in their convergence slope when a symmetrical triangle is formed.
But we still we need a breakout of this symmetrical triangle pattern
we have $2120 and $1950 as resistance
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Ethereum Weekly Key LevelsEthereum started forming a symmetrical triangle on the weekly timeframe. The breakout of this pattern will occur with the weekly candle closing above the $2025 level.
At the same time, Ethereum, which fully adapts to the moving averages, especially in the weekly time frame, will make a weekly candle closing above $2025, which will mean that it will break the moving average. The first target after this breakout will be the $2531 resistance. If this resistance is exceeded, the next target will be the $3417 resistance. In this scenario, we will watch the moving averages specifically for pullbacks. (WMA40, WMA120)
In a possible breakout, the negative scenario will target the RMA200 level of $1176. This target will only be active at the close of the weekly candle below $1700.
Bulls Will take control on Eth! Trade Idea {16/07/2023}Educational Analysis says ETHUSD may go Long according to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why long?
Because ETH fair value gaps are unfilled in a 4-hour time frame.
through Fibonacci retracement, I am targeting up to 1.610 ratios.
The black line is the fair value gap line
The blue line is high and low of the current price.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
ENTRY - 1930.88
STOP-LOSS - 1896
TAKE PROFIT - 2110
THE RISK-TO-REWARD RATIO IS 1:5.64
happy trading.
#ETH shorter time frame trade setup!ETH shorter time frame trade setup!
ETH breakout this EXPANDING TRIANGLE PATTERN and currently bouncing from this support
LONG
Entry-CMP
SL-1899
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
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ETH/USDT BULL FLAG FORMATION! Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to the new ETH update. ETH is currently trading above $1900 level.
As you can see in the chart, it is forming a bull flag kind of structure in 4hr time frame and already has a breakout. After the breakout, it is currently retesting it. After this successful retest, we can expect a pump from ETH.
Although we have a strong resistance around the $2k level so for further confirmation it needs to break and hold above the $2k level. If it holds above the $2k level then the short-term target is $2200
Invalidation:- If any 4hr candle closes below $1870, then this bullish scenario got invalidated.
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ETHUSDT-LONGBased on the convergence of the top of 4-hour and daily ascending channel and the context of market, I predict long-term growth for Ethereum up to the top of daily ascending channel. However, predicting the future behavior of Ethereum's price with high accuracy is a very complex and difficult task. Nevertheless, based on the analysis you provided, it can be concluded that Ethereum may move towards growth in the future.
Additionally, other factors may affect the behavior of Ethereum's price, such as major Ethereum events, developments in the cryptocurrency industry, and changes in global financial markets. Overall, predicting the future behavior of Ethereum's price is very complex, and a more detailed analysis of other factors that may affect it should be considered.
ETHUSDT Reaching for $2K and BEYOND📈Hi Traders, Investors and Speculators of Charts 📈📉
Ethereum has made a clear turnaround to the upside after a successful retest of support zone $1600 and we observe some additional bullish price action on the ETHUSDT chart:
👉 Lower Highs / Chart- and Trendline Analysis
👉 Double Bottom Candles / Candlestick Analysis
👉 Strong V-Shaped Recovery - Chart Analysis
👉 Buy from Technical Indicator / TA Analysis
The most likely next stop for ETHUSD short-term is the psychological resistance zone of 2K and then beyond in the near-term, possibly around $2300.
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CryptoCheck
BITSTAMP:ETHUSD COINBASE:ETHUSD BINANCE:ETHUSD INDEX:ETHUSD BITFINEX:ETHUSD KRAKEN:ETHUSD CRYPTO:ETHUSD BINANCE:ETHUSDT BYBIT:ETHUSDT COINBASE:ETHUSDT
ETH – The Worst Is Over.Praise be, ETH finally managed to break out of a two-month consolidation.
Currently ETH is above the downtrading resistance line and above the 21D & 50D EMAs.
Current resistance is 1930. It is a heavy resistance level, once ETH breaks through it, 2150 USD is next, IMO.
ATM ETH is oversold on the LTF, I do not think it is a good idea to get in now. I would wait for a retest of the EMAs or the trendline.
IF it keeps blasting through, a retest of the 1930 USD as support could be a long opportunity as well, IMO.
NFA.
What do you think? Please share in the comments.
Best wishes to all.
ETH Hidden Buyers , Short Squeeze Potential Targeting $2k -$2400Analysis Note: This analysis will be continuously updated until the target or failure occurs, so please check back regularly for trade updates. At the end of the analysis, there will be a free trade signal to follow. If you found this post helpful, don't forget to hit the boost and follow buttons.
ETH Chart Analysis: According to MT Pandora's Box, ETH is expected to reach the range of 1850 to 1864 from its current range of 1724. The reason behind this projection is that the price is still trapped within a larger range on a higher timeframe. It's important to understand that most breakouts, like attempts to end a trading range and establish a new trend, tend to fail. MT Pandora's Box indicates that buyers are currently accumulating and planning for another upward movement, which could lead to a short squeeze and potentially push the price to the range of 2200 to 2400.
Although our initial prediction for a significant drop in ETH was $800, *click to read*
we realized after our short from 2k that there is a possibility of a bounce at the current support level, with a chance of up to 65%. Market makers who plan to short will likely first buy at this level and then drive the price slightly above the previous high. The duration of this situation and capital accumulation will determine whether this lasts until November or December 2023. However, we believe the best opportunity to short Big on ETH to below 1k will be by then, In the short term, we anticipate a bounce at the current support level, but we remain bearish overall. I am personally buying some ETH here to take advantage of the unseen hidden buyers' pull-ups, and then I plan to switch to a short position at 2400. It's important to remember that price is still range-bound, so rejections and failures are common in such situations. Here are some key resistance levels to consider, as they could lead to significant reactions from sellers:
Resistance Area 1 (Bear Barrack): 1850 to 1865
Resistance Area 2 (Bear Barrack): 1930 to 1950
Resistance Area 3 (Bear Barrack): 2000 to 2140 (most stubborn)
Since failures are likely when the price is stuck in a range, we will regularly update this post to keep you informed about the next actions as the price unfolds and the buyers' reaction to these resistance areas, whether the upward movement will continue or fail. Market makers move in mysterious ways, so it's important to note that the chances of ETH dropping instead to a much stronger support at 1620 is still not completely gone and still stand at 35% and should not be totally ignored as this will be a simple Bull hunt to gather liquidity to hunt Bears this is why we recommend buying in pieces
CRYPTOCAP:ETH Bulls Vs. Bears Battle Signal Updates:
#ETH LONG FREE TRADE SIGNAL
ASSET: $ETH/USDT
ACTION: LONG
1st ENTRY PRICE: $1730, $1738, $1744
STOP LOSS: 1610(much risky but tighter stop loss but can easily get hunted is 1710)
1st TAKE PROFIT: $1850, 1865, 1945 (Extended TP: 2k, 2200-2400)
Disclaimer: This signal is provided for informational purposes only and does not constitute financial advice. Cryptocurrency trading carries risks, and past performance is not indicative of future results. The user assumes full responsibility for any profits or losses incurred, and the signal provider is not liable for any investment decisions made based on this signal.
#ETH is in strong support! what we can expect?ETH Technical Analysis:
From a long-term perspective, ETH has often been bullish when trading inside the blue rising broadening wedge.
Currently ETH is trading at 1740$ which is a strong level of support, we are expecting a good bounce up to the upper level of this falling wedge
and if it breakout this pattern then we can see some good bounce according to the pattern.
we have 1940$ and upper resistance of this pattern.
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Bullish on ETHJust bullish on ETH. Everything points to a price increase. My basis is based off of a 59B$ USD accumulation (green level) from ETH whales to hold current support levels. Sell offs will allow these whales to continue to accumulate more ETH at lower prices to create scarcity amongst such a busy network which will lead to increase price of ETH.
Analysis shows primed and ready for uptrend. NOT FINANCIAL ADVICE. Make sure to do your macroeconomic, fundamental, technical & on-chain analysis before investing. Use risk management to avoid liquidation of assets.
ETHUSDT at weekly support, will that hold?The price has fallen back again to the weekly support 1 zone which screams for a buy but here is a bit of confusion I have when I see the BTC chart. BTCUSDT chart is suggesting that it is going down which means further down move for ETHUSDT towards weekly support 2 zone. Or its the other way round, ETHUSDT is suggesting no further down move and so BTCUSDT shall hold. Kind of conflicting, but pure ETHUSDT chart without considering any other factor suggests a long trade favorable here. But since other factor is involved, the risk shall be minimized by smaller position size and strict stop loss management.
ETHUSDT likely to head towards weekly resistance around 2072ETHUSDT is trading currently above weekly support and likely to move higher towards first daily resistance and then to weekly resistance 1 zone. I believe the daily resistance should not create much trouble for the price this time. A bit of push back might be there but I do not expect something significant there this time. But lets watch. All the support and resistance levels are marked on the chart.
ETHUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Entry: market and lower
2 possible scenarios on the chart, everything will depends on BTC,
for growth we should to realize yellow marker,
if we get decrease under ~1830, then we will catching ETH in zone 1700-1620
In any case main target zone: 2300-2500
Stop: (depending of ur risk).
ALWAYS follow ur RM.
cancellation of scenario - consolidation under 1500
risk is justified
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