#ETHUSDT: First correction and then targeting $4500! Dear Traders,
Hope you are doing great, our previous analysis on ETH, where we had pointed out of potential reversal in price action. Price had created AB=CD pattern and after completion price moved as we had expected. However, due to extreme bullish buy volume that emerged in the market, price left fair value gap. We anticipating price to drop to the region to fill the area and continue the bullish momentum towards $4450.
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Team SetupsFx_
Ethusdtsignal
ETHUSDT: $4500 is Next, Get Ready! Dear Traders,
BINANCE:ETHUSDT price completed AB=CD pattern and it is on the course to rebound strongly and take price towards $4500. Price has been ranging since last few weeks, however, price is gathering and accumulating the volume. So it will likely to distribute within the next few weeks. So get ready and use accurate risk management to get the best results.
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Team SetupsFX_
ETHUSDT: Possible Swing Target Towards $4500! BINANCE:ETHUSDT
Price is in process of making ab=cd pattern where we have a possible order block placed too at the point of D which is our area of entry. Our initial target is at $3500 and then $4000 and lastly it will at $4500. We can achieve this target by end of this month or next one depending on how other Economic factors interfere with the price movement.
good luck.
"ETH". I should eat this RBI firstNice to meet you, friends. It's called E.s.s, which hits the exact target like an eagle
In the long-term bearish, We found and substituted short-term uptrend line with important angles.
If it breaks down the current short-term uptrend line, ETH will drop to the RSI oversold.
The standard is to BREAK DOWN the short-term uptrend line.
#ETH forming this massive falling wedge!Taking a look at the #Ethereum daily timeframe, we are still potentially forming this massive falling wedge pattern because as of right now, the price has not yet confirmed the break either below the line or above its resistance line. The line of support is sitting at around 2890, so also right around that 2.9K level, which is an important level on the chart, and this resistance is sitting at around 3K, which is the level we need to confirm a breakout above in order to confirm the bullish price target for this pattern.
Stay tuned for updates.
#cryptocurrency CRYPTOCAP:ETH BINANCE:ETHUSDT
ETHUSDT: Targeting $2500| SetupsFX_|Dear Traders,
Price have rejected earlier than we analysed in our last idea on ETHUSDT, however, the bias remain the same. We are still looking at the area of $2600 and if is possible then we can also target the lowest which will be $2400. The price have shown us a strong bearish momentum, and due to that reason only, we believe price is continue to drop in upcoming time.
Good luck and trade safe.
#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
ETHUSDT: 04/04/2024 The recent surge in the cryptocurrency market has resulted in a record high for Crypto, leaving a liquidity gap in its wake. Current price behavior indicates a strong possibility of a significant correction in the near future. Therefore, we have identified two potential entry points for a short position on ETHUSDT. Please monitor the price closely and consider executing a sell trade once it reaches our specified levels. Good luck and trade safely.
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.
Potential Long on ETHUSDTBINANCE:ETHUSDT breaks out of the H4 resistance @3643.71 area. A rejection of same zone upon retest will signify a good entry for a long position. Immediate targets will be at 4071 and the all time high @4857.68. This does not mean there may not be some deeper pull back, I will however be looking to buy the dips. A rejection of the previous resistance forming a new support will be my starting point
#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.
ETHUSDT: Next Big Swing Buying Opportunity! Price has been extreme bullish since last month, suggesting price to keep strong bullish momentum in upcoming days and month. March is known to be bullish month where many speculated ETH going to hit $5000 mark by end of the march. We think price will do minor correction towards $3100 to $2800 marked area region where price can bounce sharply towards $5000 target area.
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TA | ETH - Local perspectiveAt the moment we see a pattern forming on the 4H chart of $INDEX:ETHUSD.
If the price consolidates below $2 873, the potential targets for the price movement will be $2 787 and $2 724.
If the price consolidates above $3 037, the potential price targets will be $3 395 and $3 589.
ETHUSDT Elliott Waves Analysis (Global Vision)Hello friends.
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Everything on the chart.
Nothing has changed from my last Global idea from 18 july 2022.
Still waiting for 6 - 7.5k zone,
Enjoy more detailed chart. Surfing by waves :)
Good luck everyone!
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It's not financial advice.
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Open to any questions and suggestions
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_$2,960) 🔴 again.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Ethereum Analyze ( ETHUSDT), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
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ETHUSDT: 2600$ is our next target! Dear Traders,
In our previous two chart analysis we had clearly mentioned that price will touch the $2450 range before it drops and price did exactly that now we are eyeing at $2600 price region. Price currently moving strange, better to wait until we see some stable price movement.
Any questions please comment down.