@ethereum signals a bearish move@ethereum signals a bearish move, potentially breaking the Weekly low. 🚫 Avoid SHORT without a setup; it might push towards 5K first, as there's been no bullish divergence since last year, then drop. 📉 #ETH • Looking for SHORT setupShortby Dylouterror2
I've been watching this SHORT in ETH USD... It's a short of ETH USD & its a Head N Shoulders pattern where price has already retested. Please stand by for the other chart.Shortby Easy_Explosive_TradingUpdated 2
ETHUSD on bullish rally!ETHUSD on bullish rally! We have 3 scenarious for this week and one more solid scenario for the next week for its recovery. so lets catch the trend and wait...Longby RASHIDTESHAEVUpdated 2
BTCUSD & ETHUSD Bounce Signals Potential Bull RunA bullish reversal may be on the horizon for **BTCUSD** and **ETHUSD** as both are showing signs of a strong bounce. - **BTCUSD** is finding support at the Weekly 50 EMA ($54,065) and the Weekly bottom Bollinger Band ($53,864). The CCI (Commodity Channel Index) is also starting to hook upward, moving from -125 to -120. A breakout above -100 would be a clear bullish signal. On the Daily chart, BTCUSD has bounced off the bottom Bollinger Band at $52,981, with the Daily CCI improving from -172 to -122 and continuing to rise. These technicals suggest strong upside potential with limited downside risk, as bearish momentum begins to fade. - **ETHUSD** is also showing bullish signs after bouncing off the Daily bottom Bollinger Band at $2,206, with its CCI climbing from -177 to -111. On the Weekly chart, ETHUSD is coming off the bottom Bollinger Band at $2,217 and holding above the 200 EMA ($2,093). The Weekly CCI has also improved, rising from -146 to -117 and continuing upward. This signals a strong potential for upward movement with decreasing downside risk as downward momentum weakens. Both pairs appear to be positioned for a significant rally, offering substantial upside potential with limited downside risk. Keep an eye on key levels for further confirmation.Longby MorphineDreams227
Is there hope for ETH to recover?ETH trades around $2.3k, just below 4HR 50MA, after facing resistance around $2.4k. Failing to create HHs could signal lower prices with the first bearish target being $2k - $2.1k. Closing above $2.4k would signal a shift in sentiment or momentum. by RayneOnChain1
ethusd short tradeMoving Averages: The 50-period Exponential Moving Average (EMA) is above the 200-period EMA, indicating a bearish crossover. The price is currently below both the 50-period and 200-period EMAs, reinforcing the bearish sentiment2. Relative Strength Index (RSI): The RSI is below 30, suggesting that the asset is in the oversold territory. This typically indicates that the price might continue to fall before any potential reversal3. MACD (Moving Average Convergence Divergence): The MACD line is below the signal line, and both are below the zero line, which is a strong bearish signal3.Shortby Mansa_Musa_Capital4
Sep.3-Sep.9(ETH)Weekly market recapLast Friday, employment data was released, showing that the unemployment rate dropped from 4.3% to 4.2%. Although non-farm payrolls (NFP) increased, they still fell short of expectations. BTC initially rose upon the release of the data but quickly reversed course and turned negative. The U.S. stock market also opened lower, signaling that as the labor market weakens, funds in risk assets are starting to avoid risk. Over the past week, BTC ETF daily fund flows were mostly net outflows, while ETH ETFs saw little significant movement. This reflects the current tight financial environment and increasing risk aversion. This situation may persist until looser monetary policies are implemented and more liquidity is available. ETH experienced further declines last week, giving back all of its 2024 gains and returning to the consolidation range seen at the end of 2023. Trading volume was below the historical average. According to the WTA indicator, whale activity was minimal following Friday's drop, and participation levels across all categories have been decreasing. The ME indicator continues to show a bearish trend, with short positions strengthening. In conclusion, we expect ETH to maintain a bearish trend this week. We are lowering the resistance level 2400 and the support level 2100. ETH experienced further declines last week, giving back all of its 2024 gains and returning to the consolidation range seen at the end of 2023. Trading volume was below the historical average. According to the WTA indicator, whale activity was minimal following Friday's drop, and participation levels across all categories have been decreasing. The ME indicator continues to show a bearish trend, with short positions strengthening. In conclusion, we expect ETH to maintain a bearish trend this week. We are lowering the resistance level to 2400 and the support level to 2100.by Sypool1
Can ETH stick it out?ETH is testing previous support around $2.4k. Reclaiming 4HR 50MA or $2.5k could signal some strength. Failing to do so could lead to a retest of support around $2k - $2.1k. by RayneOnChain111
Imagine are fading! ethereum#Ethereum is like the #bitcoin of 2015! Bottom confirmed before Mega Bullby EtherNasyonaL6
Foresee a pullback soon in ETH?ETH is currently in a demand zone, which could attract long traders and potentially lead to the formation of a bullish signal soon. Downside Support: $2,031.39 (Weekly SMA 200 line, 38.2% Fibonacci Retracement level) Upside Resistance: $2,850Longby Ch-artwork3
EthereumOn a quarterly basis, it is expected to reach the demand zone, and breaking the zone is not good.by Majed10012
ETHUSD: Local Correction Ahead! Buy! Welcome to our daily ETHUSD prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 2,353.2$ Wish you good luck in trading to you all!Longby XauusdGoldForexSignals112
ETH Double TopLooks like a correction to 1535 from the double top formed. This target is consistent with bearish trend we've been watching unfold. Shortby Genesis_33223
ETH SHORT IDEAprice has been in a strong bearish move since the news drop on Friday and broke my minor support and Major support flipping it into resistance from which I took this major short position, because volume is low and bears still in control of the market, and Bulls aren't ready to take control yet, but hopefully we'll be hoping things change in the and coming weeks ahead. Also did a quick scalp long to the now resistance and also a good trade.Shortby THE_KLASSIC_TRADER2
The range I expect ETH to play out over the next weekI have been expecting a drop for ETH since we struggled to break out of the 2'500 range. My main reasons being holders impatience to hold their crypto during a bear market, and long term consolidations. Along with mapping key levels of support along the way. I don't usually like too project ideas whilst were mid swing but here we go. If we see price continue towards the upside, I see it settling somewhere around the 2340-2375 price range before any other significant moves down. And I'm expecting price from this area to yet again head towards the sub 2150 range as I'm far from believing the bear market is over just yet. This isn't an overly mapped out, chart filled with indicators and candle stick pattern analysis breakdown. More of an intuition based idea using general price ranges and my understanding of how holders tend to act during these market situations. A brief idea but one I will stick too before any potential trades are placed on my end or the markets show me something else that may sway my current perspective. by DaedalusX226
ETH's Situation: What Shall we Expect !!!ETH is forming a falling wedge on daily timeframe , Up we go if we do breakout. 🔵We have a Bullish Structure here ETH formed a falling wedge on 1D timeframe🤔 Up we go if we do breakout , also a bullish Divergence (RD+) on MACD which shows Positive Signs for ETH. ✅ Due to the Ascending structure of the chart... 🟢 High potential areas are clear in the chart. 🟢 Bullish Wedge. 🟢 5th waves. 🟢Bullish Regular Divergence(+RD) ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!Longby CobraVanguard1162
Ethereum - Short-term Bullish CampaignThe Ethereum nose dive had been reaching new lows on the local scale. The strong key-level support at $2460 is expected to hold and push price action to a complete turn around. We jump into a new buy position, targeting the next key-level resistance of $2671Longby BulletproofTradersUpdated 2
ETHUSD Daily ShortTaking this ETHUSD short, jah bless Looking for a 2.1k tag to match my ETHUSD long. Let us see what happens sports fans.Shortby hokblakeUpdated 113
ETHUSD-LAGGINGLagging :Solana and BTC broke critical zones and trending Bullish, -Awaiting major Breakout of the resistance for Continuation Longby Jeremiah_Capital0
ETHUSD Potential for a channel breakoutETHUSDT has been consolidating since the beginning of the month, forming higher lows, indicating increasing buying pressure. On the weekly timeframe, the formation of a double bottom signals a potential reversal. While the market may continue to consolidate, it's likely to establish a range just below the channel border before a potential breakout. If the market breaks and closes above the previous week's high, we can anticipate further upward momentum. The target for this move is the resistance zone around 2597.00, signalling a shift toward a bullish trendLongby RTED_Investing112
Ethereum 4 Hour Chart Bearish Trend & Disappointing PerformanceEthereum 4-hour chart on Coinbase looks extremely bearish, with ETH trapped in a descending channel. I'm quite disappointed in Ethereum's performance. Having been around for nearly 10 years, I expected it to be much stronger by now, with a stable trading range of around $8,000 to $15,000. Well here it is support is at $2,222, and we're looking for a potential bounce upward. If this support level fails, the next support level is at $2,150. Hopefully, Ethereum will turn things around from there.Shortby CryptocurrencyWatchGroup1
ETH still lacks strength. ETH is back below support and 4HR 50MA, trading around $2.3k. Reclaiming 50/200MA and $2.4k would signal strength. Bearish target is $2k - $2.1k, if $2.25k is lost. Shortby RayneOnChain0
Market structure on ETHYou know me for spotting fractals that works and do not. Here is another one pretty clear. I highlighted every aspect of it even tho it's not 100% the same but close to 80%+ Press play and enjoyShortby abfish0