Ethereum Ready to Fall [-15%]🏃♂️ Ethereum has been moving in an Ascending Channel for over a year .
🏃♂️At the moment, Ethereum is moving near the 🔴 Heavy Resistance zone($3,580_$2,960) 🔴 and the upper line of the ascending channel , which we can see the reaction to this zone well in the daily candle .
💡Also, between two consecutive peaks, the Regular Divergence(RD-) between Volume and Price is clearly visible.
💡Since the Market Cap USDT Dominance% (USDT.D%) is moving in the 🟢 Heavy Support zone(5.35%-4.90%) 🟢 and has shown a good reaction to the Support lines and there is a Regular Divergence(RD-) between two successive valleys , it is expected that the USDT.D% will increase at least up to the Resistance line , which can help to correction on most of the tokens .
🔔I expect Ethereum to decrease at least to the Uptrend line and if this line breaks, it can also fall to the 🟢 Heavy Support zone($2,160_$1,720) 🟢, otherwise it will attack the 🔴 Heavy Resistance zone($3,580_$2,960) 🔴 again.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Ethereum Analyze ( ETHUSDT), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
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ETHUSDTPERP
Ethereum ⇒ is going to touch at least 3k!hello guys...
I believe this coin wanna start another upward movement for these reasons:
1- broke out the ascending channel
2- made a three drives pattern and touched the line of this pattern
3- formed a divergence and did a correction related to the divergence
4- the price hasn't engulfed the flip area yet.
so we can expect if the price doesn't break down the flip area, to touch the 3k level at least!
______________________
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If you have any questions, you can write them in the comments below, and I will answer them.
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📊#ETH eyes new buying opportunity💥🧠The expected rejection at D1 did not happen. Instead, it chose to rise strongly. Now it reaches the D2 TP zone and then falls back after encountering resistance. The D1 TP zone turns into a support buying zone. Observe the buying opportunities in this zone. If not, Give up.
➡️We still choose to continue to hold the ETH spot we bought in the 12H buy zone. The most conservative target is at least 3000+, and the ideal target zone is 3350-3580.🎯
➡️Referring to the trend of BTC horizontally, since BTC has broken the short structure, the short structure of ETH should also be broken, because this market is positively correlated. Moreover, the ideal target area of the double bottom long structure at the ETH weekly level has not yet been realized, so it is not recommended to go short and try to follow the trend and focus on the bullish trend.📈
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Ethereum: HISTORICAL CYCLES 📈Regarding Ethereum's historical data: -
In the first cycle, after the all-time low (ATL),
CRYPTOCAP:ETH BITSTAMP:ETHUSD BINANCE:ETHUSDT
took 777 days to surpass its previous all-time high (ATH).
- If history repeats itself, a new ATH could potentially be reached around 700 days from today, possibly by July 2024.
- The last bull run lasted around 1071 days. - This time, it is expected to last between 1071 to 1064 days of a bull market.
First cycle: 777 days from ATL to surpass previous ATH.
- If history repeats, new ATH around July 2024 (700 days from now).
Last bull run: 1071 days long.
Expected current bull run: 1064–1071 days.
Based on fractal analysis and chart data, it is anticipated that Ethereum will reach its next bull market peak in May to June 2025.
#Crypto
📊#ETH Tests Resistance Zone Again, What’s Next❓➡️The ETH long order we started to get on January 23 finally achieved all our goals after a long wait of 22D. In fact, we can continue to look forward to more, but we have increased our positions and reduced our positions along the way. The profit is already generous enough, and we bought in the 12H level buying zone, so we should stop profit after reaching the corresponding level target zone, because I define futures trading as short-term trading. The remaining goals can be achieved by spot trading.💰🚀🌕🍻
🧠If we are rejected at D1, then we have the opportunity to find better short-term buying opportunities, we just need to be more patient
It is not recommended to go short because you can only make quick money but not big money.☕️
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ETHUSDT Next Target $7,500!ETHUSDT Technical analysis update
The ETH price broke through an ascending triangle pattern on the weekly chart, potentially indicating a bullish move. Price possible to touch the $7,500 level before the end of 2024.
We recommend entering the trade using the spot market.
Buy Level: Below $2750
Stop Loss: $2,150
Regards
Hexa
ETH short structure is broken in hopes of challenging the pre-H➡️Compared with BTC, the trend of ETH is really weak, but from a structural point of view, the structure of ETH is going very well, so we let the remaining positions continue to run after locking in the main profit.🙏💰🚀🌕
🧠From a structural point of view, we have successfully broken through the short defensive point, which means that the short structure has been destroyed, which means that it is highly likely to break through the previous high.☕️
➡️From the perspective of wave theory, if wave 3 ends here, then it is possible that wave 4 starts here, and expects wave 5 to occur.
‼️Note that as you reach the target area, it means that the probability of dumping increases, so please be sure to do risk management. Give yourself more qualifications to survive in this market, which means you can achieve more in this market.
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📊#ETH structure is intact, goals are clear, stay patient☕️🧠There was a sharp correction after the TP zone of the double bottom structure was realized, which is very reasonable. We also locked in profits in time when we reached the TP zone. Currently, a beautiful wolf wave is also formed here, and we are in the 4th Increased our position at the end of the wave in anticipation of wave 5🙏🎯✔️
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📊#ETH still has a long structure TP that has not been achieved➡️To be honest, I am a little disappointed with the trend of ETH, because the strength of the rebound is a bit weak, and it has not even reached the resistance zone. If we refer to BTC horizontally, we should also reach the resistance zone simultaneously, but unfortunately it did not go as expected.🤯
💰Fortunately, we locked in half of the profit after reaching the conservative TP zone, and we will expect more from the remaining positions.🙏🎯✔️
🧠From the daily level, we have already made a daily correction, so this decline was completely driven by BTC. However, according to the structural form, the bull defense point must not be broken down. If it is broken down here, it means that the daily level correction is over and it will enter the weekly level adjustment. If it happens, this will would be viewed as the most pessimistic signal.⚠️
➡️Overall, we would prefer a continuation of bullish strength, so it may be wise to go long after a pullback.☕️
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📊#ETH double top short target completed, alert to rebound risk🧠In the end, we continued the decline according to the double-top short structure. At present, all the goals of the short positions have been achieved. Short sellers should lock in profits in time and be alert to the occurrence of rebound. To go long, you need to observe the structural form here.👀
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📊#ETH bulls are structurally intact, stay patient☕️🧠From a weekly perspective, the goal of our double-bottom long structure has not been fully realized. Combined with the expectation of supplementary growth + the existence of the Cancun upgrade expectation, the upper goal is still worth looking forward to, we just need to remain patient.☕️✔️
➡️Let us look forward to it together🙏🚀🌕
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ETH/USDT Long SetupETH/USDT
Entry: 2100-2134
Take Profit: 2300-2350
Stop Loss: 2019
Risk to reward: 1:2
Technical Thesis:
We observe a local support for Ethereum at $2,210 and a significant support area at $2,134. The price is anticipated to undergo testing at these levels shortly, making $2,134 an attractive buying opportunity for ETH.
My very 1st IDEAHello Fellow Traders,
please feel free to comment on this type of setup. I have used a similar setup on eurusd and noted that it has played out after sometime.
setup consists of 6 trades - 3 Long & 3 Short covering range from 1580 to 2280. I use 5x. noted 19th has Fed Speech so could rip through all my closer entries.
1HR TimeFrame
TB FIB TOOL used.
🚧Ethereum Analysis(Three Falling Peaks Pattern)🚧🎄Merry Christmas!
💫Happy Holidays! I hope all of your Christmas wishes come true.
✅ Ethereum(ETH) managed to form a Three Falling Peaks Pattern near the 🔴 Heavy Resistance zone($2,540_$2,300) 🔴 and 🟡 Price Reversal Zone (PRZ) 🟡.
📚What is the Three Falling Peaks Pattern❗️❓
🔸 The three falling peaks pattern consists of three peaks and two valleys of give or take equal size. The pattern has a downward slope meaning that each peak is lower than the last, and the same applies to the valleys.
🔸The three falling peaks pattern validly forms when, after the last peak, the price falls below the second valley signaling a market reversal and a large price drop.
🔨Also, Ethereum managed to break the Support line and 🟢Support zone($2,270_$2,245) 🟢.
🔔I expect Ethereum to continue its decline towards the next 🟢Support zone($2,167_$2,116) 🟢 after completing the pullback to the 🟢Support zone($2,270_$2,245)🟢 and Support line .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Ethereum Analyze ( ETHUSDT), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Eth Is Strong Here ETH/USDT is showing promising signs. It looks like it's gearing up for a bullish move, and I anticipate the price to increase by 15-30% in the coming days. However, it's important to note that this is not financial advice, so please do your own research (DYOR) before making any decisions.
#ETH is about to make a massive 20% move!ETH is poised to make a move to $2700, representing almost a 21% increase from the current market price (CMP). The breakout from the wedge is clean, and there's a perfect retest happening as we speak. This anticipated movement is expected to trigger significant gains in other altcoins. Some of our gem coins have already started moving, with a few experiencing gains ranging from 50% to 100%!
For those interested in futures trading, you can use this chart with the right stop-loss (SL) in place.
Trade Details:
Entry Range: $2166 to $2255
Target Levels: $2377, $2433, $2544, $2634, $2712
Stop Loss: $2098
It's crucial to use a stop loss, especially in the current high market conditions. Failing to do so might result in giving back hard-earned gains to the market.
Cheers!
If you're interested in more updates, feel free to hit the like button and share your views in the comment section.
Thank you.
#PEACE
*Note: This information is not financial advice. Please conduct your research.*
"Ethereum Price Analysis: Breakout, Daily Trends, and HistoricaIn the weekly time frame, Ethereum broke out of this horizontal resistance, resembling the pattern observed in the last bull run. Following this breakout, a retest similar to the previous bull run is anticipated.
In the daily time frame:
- Ethereum faced rejection at the $2400 level.
- The $1800 to $2000 range is identified as a support level, also representing the 0.382 level of Fibonacci retracement.
- In my opinion, the optimal entry point for Ethereum is within the $1750-$2000 range.
Regarding Ethereum's historical data:
- In the first cycle, after the all-time low (ATL), CRYPTOCAP:ETH took 777 days to surpass its previous all-time high (ATH).
- If history repeats itself, a new ATH could potentially be reached around 700 days from today, possibly by July 2024.
- The last bull run lasted around 1071 days.
- This time, it is expected to last between 1071 to 1064 days of a bull market.
Based on fractal analysis and chart data, it is anticipated that Ethereum will reach its next bull market peak in May to June 2025.
ETH unlikely to dip below $2,000 ETHUSDT Technical Analysis Update:
There are two potential scenarios for a rebound.
Scenario 1: The previous resistance level at $2,140 could now act as crucial support for ETH, potentially triggering a bounce from this level.
Scenario 2: At the $2,000 level, two historical resistances could act as support for ETH. Additionally, the $2,000 level carries psychological significance as support for ETH.
If Ethereum (ETH) price reaches the $2,000 level, the 100-day Exponential Moving Average (EMA) could act as a potential support in the day chart.
Ethereum price may consolidate above the $2,000 support level for a month before the upward move.
I believe the ETH price is unlikely to fall below $2,000
🗺️Ethereum Roadmap🗺️⏰(15-minute time frame)⏰✅It seems that Ethereum managed to break the Important Resistance line .
⚔️At the moment, Ethereum is attacking the 🔴 Heavy Resistance zone($2,540-$2,300) 🔴.
🌊According to Elliott's wave theory, Ethereum completes a main wave 5 .
🎯Main wave 5 is likely to be completed in my Target .
Ethereum Analyze ( ETHUSDT), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.