ETHUSD View!!Bitcoin is trading in uncharted territory, potentially approaching the six-figure price tag for the first time in history. The Bitcoin BTCUSD price broke above a new high of $82,410 at 10:19 am UTC on Nov. 11, Bitstamp data shows.Longby FXBANkthe80551
Ethereum Run on it's WayEthereum Approaching a Major Breakout 🔥 - Technical and Fundamentals Aligned for an Epic Ethereum Bull Run 🚀 Ethereum is positioning itself for a powerful breakout, making this a pivotal moment for ETH supporters and a potential turning point in the market. The charts show Ethereum poised at a critical resistance level of $2,800—a breakout here could open doors to the next price targets of $3,649 and even $6,174 in the long run. The 70% probability of this breakout emphasizes the strength of this setup. However, should it fall back, the $2,398 level remains a robust support, keeping ETH on solid ground even if the rally takes a pause. Technical Analysis: The Big Picture Ethereum’s long-term chart suggests a significant upside, with structural support around $2,153 providing a firm base for growth. This upward momentum reflects the strength Ethereum has shown historically, rebounding from key levels with resilience. A breakout above $2,800 would not only signify a technical achievement but also a shift in market sentiment towards a bullish ETH cycle, potentially drawing liquidity from Bitcoin dominance into altcoins. Ethereum’s Fundamental Strengths 🌐 Beyond the charts, Ethereum’s fundamentals have been strengthening, making it more than just a speculative play. With the Ethereum 2.0 upgrade now live, the network’s shift to Proof of Stake (PoS) has significantly reduced energy consumption, making Ethereum more sustainable and attractive to eco-conscious investors. Additionally, staking incentives are driving higher demand for ETH, as holders can earn rewards directly on the network, effectively reducing sell-side pressure. The burn mechanism introduced by EIP-1559 has added a deflationary aspect to ETH, with millions of dollars in ETH removed from circulation. This economic adjustment not only reduces supply over time but also enhances the intrinsic value of each ETH token. Coupled with a growing ecosystem of decentralized finance (DeFi) applications, NFTs, and layer 2 scaling solutions, Ethereum’s value proposition is only strengthening. The Road Ahead: Potential and Caution ⚖️ While Ethereum looks promising, it’s essential to watch key support levels, particularly around $2,398 and $2,153. A failure to break through $2,800 might result in a retest of these lower supports. But with ETH’s fundamentals aligning with technical signals, the market’s long-term trajectory leans bullish. Should this breakout happen, we could see Ethereum challenging previous all-time highs and possibly entering price discovery mode. As always, keep an eye on the charts, follow the fundamental news, and make sure to manage your positions with care. This is an exciting moment for ETH believers—let’s see if the market validates our analysis! One Love, The FXPROFESSOR 💙Longby FX_ProfessorUpdated 22
ETH Breaks Out from Large Corrective PatternETH Breaks Out from Large Corrective Pattern ETH recently broke out from a large corrective pattern where it had been stuck for about 3.5 months. The corrective pattern began in early August and lasted until now. Currently, ETH has broken out from this pattern and appears poised to continue rising further. This is also supported by the fact that BTC has broken through the all-time high price zone. However, the situation remains somewhat risky. If BTC holds its current price position, then ETH may perform well. Otherwise, it could turn out to be a bull trap. Despite the correlations with BTC's movements, ETH is showing strong bullish momentum on its own and a bullish pattern. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Longby KlejdiCuniUpdated 4451
ETHUSDT HITTING FOUR LEVELS OF RESISTANCE Hello, dear traders. It’s already Saturday night, but crypto doesn’t stop, so we continue to keep a close eye on the charts. Here’s **ETH on the Daily** timeframe, currently facing four levels of resistance: 1. The 200 MA 2. The 0.382 Fibonacci retracement level from the all-time high 3. The Lower Highs trendline 4. The psychological level of 3000 USD Volume has been solid over the past few days, but today it's notably low. I exited the intraday long—check the ETH 30-minute chart for details on that idea. I’ll keep this idea updated daily. Stay safe!by vagadaUpdated 223
How high will ETH go?For the past couple of months many have doubted ETH, and some have even claimed it would crash the crypto market as ETH for a while has lagged heavily behind BTC. Attention has been high on BTC and alternatives projects like SOLANA, but things can change very rapidly in the crypto space and BTC is tearing through new highs as we speak. I think ETH has the potential to surprise many during this crypto cycle as we are still very early in the logarithmic regression curve for ETH. If BTC breaks the highly coveted 100K target, which i i believe it will, as the entire crypto space has many positive catalysts going for it right now including: the Global Liquidity cycle, post halving pump, Crypto ETfs, Trump, lower interest rates, etc., then things will become chaotic, and ETH can very well mimic its past cycle performance. If we look at the logarithmic weekly chart, in the last cycle when ETH broke the 2018 high, ETH was able to pump over 240% from its 2018 top. Once the 2021 top is broken this time around, a repeat of that price action can put us right around that trillion mc mark for an ETH of ~ 16k. Its a bold claim but time will def tell. I'll still be looking at the regular weekly and daily chart and of course take profits along the way. Many already cover ETH daily so i won't be updating this too much. Best of luck! Longby LaMASIA_1006
Bearish reversal?Ethereum (ETH/USD) is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support which acts as an overlap support. Pivot: 3,386.40 1st Support: 2,863.34 1st Resistance: 3,889.27 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party. Shortby ICmarkets115
ETHUSD Price Target CircleUsing previous ATH ETH is underperforming compared to bitcoin, ETHUSD is a great buy right now. Love to see a breakout above this white horizontal line for the bulls. ETH might move up faster than BTC in the coming months.Longby Bixley3
Looking forward to a bearish rally on Ethereum/US dollar The Market has broken significant higher Lows signaling a reversal of the trend let's look for short at the PIO. by Knight_zw0
Saved by support and bulls are still strongSmall flash drop; dont look too bad just a small retrace From 3170 should be able to break above 3250 I be expecting for ethereum to hit 4000 first since now at 3000; eyes on 4000 then 5000. Since bitcoin hit over $80K that means Ethereum could hit $10K this year; for trading view if you place margin $50 to hit $10K then your profit will hit over $10K , margin 102$ thats about over $20K profit. I still stick ether two margin if i were you on TradeLocker. Lets get rich together ! Be sure to use proper risk management Longby JoyBoyVegae0
ETHUSD uptrend opportunity Before entering the trade please make sure H4 time frame above Simple moving Average 50. Because it seems the uptrend needs retest first before starting.Longby karlapermana973
Continuation of the altcoin bull run in the new weekTo date, the market has moved to the main movement of the quarterly candle, in anticipation of which purchases have been going on all last month. I have outlined the goals for bitcoin in previous reviews, it is 90-100k by spring, with the reaction of the altos after fixing the cue ball above 75k. On the air, I think the situation will be more difficult, because I expect the continued growth of the dominance of the cue ball. At the moment, after opening the month above 2500, we headed for the test of the 3000-3250 range, which I designated as the target. Further, the dynamics are likely to become more complicated. From 3250-3400, there is a possibility of a rather sharp correction for a retest of 3000. But the growth interval at the moment is the first half of the month at least, and therefore, from the middle of the week, I think growth will resume with an attempt to test the key level of 3500, opening the way to 5000. The fate of the monthly candle will be decided after the middle of the month has passed and, given the opening of the month in the flat zone below 2750, there is a possibility of a major pullback as part of a correction on the monthly schedule. That is, after the growth next week, I recommend taking a closer look at the market and money management, reducing positions by the end of the week. Since the probability of growth prevails until the end of the year, after a monthly pullback, purchases can be expected to resume by the end of the month with the trend continuing in December. This week, the reaction of the altos to the entrenched trend of the cue ball began, but in the coming week we can expect more intensive purchases after a possible pullback at the beginning of the week. After the prolonged fall of the altos, the current breakouts are a movement against the bearish trend and indicators, which makes the growth rather short-term and unstable. This dynamic makes many altos quite dangerous, because in the absence of a breakdown in the wake of market growth, coins can continue the formed bearish trend with taking lower levels. The coins that I considered for work, regardless of the market, there is a very good dynamics. Almost everything provided good earning opportunities. At the moment, another delisting has taken place and in anticipation of a new announcement, I recommend avoiding working with coins of the monitoring tag in the first half of the week because they may get into the next delisting. Starting from Wednesday afternoon, oax and vite can be considered again. Pros has worked out the target on a retest of 0.75 and is quite overbought, so far I am not considering it for work. Firo and akro can also show an increase of up to 50%+. Among the more reliable options for working without a monitoring tag, vib and ast remain the most interesting, with a growth potential of up to 50-70% from current levels at least. Ast has an incomplete emission and has been delisted from okx, which is why it is worth working with it more carefully than with vib. Given the delisting from another exchange, I think ast may be assigned a monitoring tag in the future, which will lead to a sharp drop. Along with vib, I consider gft as the main tool for work. Despite the monitoring tag, the token has great liquidity and growth potential with targets at a retest of 0.025-35 at least.Longby Strateg_2
ETHUSDwave1:2,122 wave2:1,543 wave3:4,095 wave4:2,122 wave5:6,000? Ethereum is now preparing for a 5th wave up, can we see it reach 6K at the 2Q of 2025?Longby RashidHamadaUpdated 11
ETH Set for Explosive Rally: MACD Signals Bullish Breakout Ahead#ETH has been trading sideways within the 2300-2800 range since August, awaiting a breakout for a potential rally. The upward slope of the MACD indicates that momentum is leaning towards the bulls. Longby EL_STOCKTROOPERUpdated 2211
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.Longby HexaTrades4
ETHUSD: Strong Bearish Bias! Sell! Welcome to our daily ETHUSD prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 3,137.76 Wish you good luck in trading to you all!Shortby XauusdGoldForexSignals223
Ethereum at support Ethereum dropped from it's 2800 resistance level on Monday and bounced off it's 2400 support level on Friday. ETH/USD has traded in a wide range in 2024 from it's 4000 area high's mid March and the end of May. To it's 2000 area lows in January, August 5th & September 6th. There's been plenty to trade In between this wide 2000 - 4000 range. Now that we're heading into November I see ETH/USD as a good entry point for a long. The MACDV oscillator set to MFI indicator is at support starting to print lower probability long signals, with a high probability long signal about to be printed. ETH/USD long trade idea: long = 2419 stop = 2306 profit = 2776 BBMC levels: R3 = 2887 R2 = 2776 R1 = 2663 VWMA20 = 2541 S1 = 2419 S2 = 2306 S3 = 2196Longby Options360Updated 0
ETH Weekly ChartCOINBASE:ETHBTC - ETH-Weekly Downtrend Resistance break through nice and clean. CRYPTOCAP:ETH Longby madmaudo2
base will lift this to the full potential this altseasonthe market structure supported by the huge development behind eth base network + pectra update next year. 4000 is easy target almost 30% profit if spot trades the base network of coinbase will lift this load your bag specially when you see some discount in price hehe enjoy Longby josephraro995732
ETHUSD Move uptrendETHUSD made clear bullish divergence ETHUSD made double bottom pattern ETHUSD break rectangular pattern ETHUSD break strong resistance All these indicator show clear uptrend moveLongby awaisashfaq7132
ETHUSDA possible bearish triangle was recently invalidated. The structure is then most likely a series of 1-2 fractals that will unfold into an extended impulse. Longby Alpha_Mind6
ETHUSD Short-Term Analysis for 10/11/2024Disclaimer: This is my personal opinion and is intended for educational purposes only. Please consult your financial advisor before making any decisions. Time Frame: 1-hour Market Analysis: The 1-hour ETHUSD chart exhibits a weakening bullish trend with the Relative Strength Index (RSI) indicating a slight oversold condition and relecting bearish divergence. The price may move up to the point of control, which could act as resistance, potentially leading to a rejection. Key support levels are present at 2,894; if breached, the price could dip to 2,802-2,747. Key Levels: Resistance: 3149.00 Support: 2894.00 target: 2802.00 - 2747.00 Trading Bias: The ETHUSD price continues to consolidate within a rising wedge pattern, indicating a potential reversal. Shortby avatarfreak4
ETH - Secret Fibonacci TargetsBased on predictive Fibonacci models we can estimate what might be some key levels in the future once ETH enters price discovery. Based on on our model we could see $6,150 being an important level as well as the estimated 1.618 around $9,400. This post is for future reference. by VIAQUANT6