ETH -40%Using various technical tools, I come to one result and that is more decline. In this analysis, the result is based on EW.
Any green can be a correction wave.
MD
ETHBEARUSD trade ideas
Ethereum - BuyAfter a prolonged observation period, we have identified a bullish trend in the Ethereum market. In light of this development, we are initiating a buy position, targeting the upper boundary of the current market structure.
To manage our risk effectively, we will set our trade to breakeven once the price reaches the -50 Fibonacci retracement level. This strategy will allow us to safeguard our capital while remaining positioned to benefit from further upward momentum.
We will continue to monitor market conditions closely and provide updates should the bullish trend shift to bearish. Currently, all indicators suggest a continued bullish outlook for Ethereum.
ETHUSD Set for Price Gains as Trend Turns BullishWhile Bitcoin is close to its all-time high of March 2024, altcoins such as Ethereum are lagging behind. However, ETHUSD is also set for price gains in the near future. The price has stabilized at a fair value gap and is now showing bullish price action.
The DMI (Weekly Chart) is also showing a change in the sign of the trend from bearish to bullish.
We are therefore bullish for ETHUSD in the coming weeks and months.
ETHEREUM - Sell IdeaThe downside trend is accelerating and seems to be moving to the next stage of the cycle. price action has a lot more downside potential in the pipeline. Next significant key-level is at $2285, our official profit target.
EthUSD update Daily Ethereum update DYOR!!
Hey guys lonf time no see!!
I think it's ETH price drop will not finished.
Potential Liquidity Exit in EthereumNotice the multiple attempted breakouts of the bigger bullish channel, as it exist into the smaller bearish channel it gets blocked once more by the green ceiling with a negative slope, the liquidity leaving overall in ethereum
ETHUSD min target 1.618 ($8,657) max target 4.618 ($22,734)ETHUSD min target 1.618 ($8,657) max target 4.618 ($22,734 if it follows the upper trendline around Nov 2025) fib extension non-log scale.
ETHUSD Trade LogTrade Setup (2/11/2024) - ETH Short in 4H FVG
1. Setup: Enter a short position within the 4-hour Fair Value Gap (FVG), using this area as a potential resistance zone for a bearish move.
2. Entry strategy:
- Target: 1:2 RRR.
- Risk: 1% of account.
- Entry confirmation: Wait for the price to move into the 4H FVG and show bearish signals, such as a reversal pattern or rejection wick, before entering.
3. Stop-loss and take-profit:
- Place stop-loss above the upper boundary of the 4H FVG to protect against an unexpected breakout.
- Set take-profit at twice the stop-loss distance to achieve a 1:2 RRR.
4. Additional considerations:
- Monitor for market events or news that could impact ETH volatility.
- Ensure that price action aligns with bearish signals within the FVG for a higher probability of success.
Ethereum technical analysis (smart money concepts)Ethereum is stuck in a range.
It just tapped into a monthly bearish fvg above.
There is still some fvgs below with also equal lows liquidity resting below current price.
Price could go down and sweep the lows, tap into the bullish fvg below those liquidity, before the real rally.
However, this may not play out if price goes up again and displaces through the monthly bearish fvg above.
I'm waiting for it to either displace through the bearish fvg above to go long.
Or i will wait for it to sweep the liquidity resting below before going long.
These are the 2 key levels
Ethereum breakout Ethereum breakout from wedge, building momentum and a positive trend for short to medium
ETHUSD Is Bearish! Short!
Take a look at our analysis for ETHUSD.
Time Frame: 17h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 2,518.27.
The above observations make me that the market will inevitably achieve 2,238.74 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
ETH to $18,- in five years! The biggest capital robbery ever!This is not just for crypto! All assets will lose their value.
A theory suggesting an impending depression combined with the idea that Bitcoin and other cryptocurrencies might have been created as a "trap" to channel capital back to the state is intriguing and raises important questions. While this view is speculative, there are some interesting aspects to your analysis of economic cycles and the role of governments and central banks.
100-Year Economic Cycle
Historians and economists recognize that long economic cycles, like the Kondratieff wave, involve alternating periods of economic booms and busts over roughly 40-60 years. While the exact duration and frequency vary, some analyses indicate that we are approaching a phase of debt deflation, or even a potential depression. The exponential growth of debt and the sustained low-interest-rate policies support this outlook.
Crypto and the Role of Government
Bitcoin and other cryptocurrencies were originally designed as decentralized, non-government-controlled currencies, independent of banks and states. While it is speculative to claim that governments were behind Bitcoin's creation, it is true that some governments are closely monitoring the crypto market, possibly to manage large capital flows and ensure tax compliance.
However, Bitcoin and other cryptocurrencies do not guarantee protection against economic crashes. Governments could regulate these markets further, affecting their value and accessibility. Central Bank Digital Currencies (CBDCs), for instance, represent a way for governments to exert greater control over digital money flows, which contradicts Bitcoin's original intent.
Fear and the Use of Assets Like Gold and Bitcoin
Concerns around CBDCs, inflation, and geopolitical instability can drive people toward "store of value" assets like gold and Bitcoin. Your point about "fear-driven media" is interesting, as both media and governments can at times amplify fear, which increases demand for alternative assets.
A Possible Future Depression
Many analysts and economists highlight overheated markets and massive debt burdens as warning signs of a financial collapse. Economic cycle downturns are often marked by deflation, rising unemployment, and declining asset prices. The idea that the coming years could be challenging for the global economy is not without basis, particularly if debt burdens become unsustainable or if monetary policy tools are exhausted.
Conclusion
While the notion that governments might use crypto to "reclaim black money" or that crypto was even designed as a tool for wealth redistribution is difficult to substantiate, it is a theory commonly raised by crypto critics. What is clear, however, is that both governments and central banks are actively seeking ways to control capital flows and maximize tax revenue.
All in all, it seems a challenging period lies ahead. We may witness the emergence of new forms of money, like CBDCs, and potentially significant shifts in the economic order.
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 💙
Safe Buy Now!Hi Everyone!
I think buying MARKETSCOM:BITCOIN and FOREXCOM:ETHUSD would be a good idea right now.
The latest bull attack this monthTo date, the market is clearly working out according to the planned plan. We are still collecting work-outs, but it is worth being on the alert as we approach the end of the month. As the middle of the month progressed, we expected to see a wave of growth to consolidate the monthly bullish candle. As I wrote in the last review, as we approach the end of the month, we should expect a second wave of growth to finally consolidate the month bullish on the tops. Against this background, a new wave of growth began with the flips of monthly candlesticks and altos.
As always, the opening level of the new month will be of great importance. The opening levels of the half-year and quarter still technically support growth, but there is an extremely negative picture with a growing dollar and falling oil, which puts a lot of pressure on the crypt and increases the activity of sellers, which is why we have already seen a stronger correction from the 2750 ether test than expected. The 2500 level was broken again, which indicates a breakdown of the bullish trend and gives a signal for a new attempt to go to 2000 in the future. The next month is the central one in the quarter and the final direction for the end of the year and the five-year plan will be chosen, which can lead to a very strong increase in volatility and new large drawdowns for the altos. Given this picture, after collecting the latest developments this week, it is worth carefully weighing money management and reducing positions in the work before determining the direction of the new month.
Most of the coins that I have taken into work show good dynamics and are in the top of growth, troy has shown itself most well. Most of the goals were taken, so far I'm not considering it anymore. Among the coins without a monitoring tag, only vib remained the most attractive, with a likely increase by a retest of 0.125-150 and above. The weekly candle opened quite negatively on the ast. Unpleasant signals were also left for a new local fracture. Today, it was not possible to gain a foothold above 0.1 and give a local overshoot of the previous momentum. In addition, the ast was delisted with okx, which is an additional negative signal and a reason for a local fracture. In this regard, I reduced my position on the 0.1 test. For now, there is a possibility of a higher breakdown in the coming days when fixing above 0.1, but with a lower probability in my opinion than for vib.
In addition to vib, among the coins of binance, only coins with the monitoring tag remained in the most oversold position. Such assets are often the last to grow and may show good momentum in the coming days. OAX still has the top potential among them, with the nearest targets at a retest of the range 0.20-25 and an exit to the test of 0.35 in an optimistic scenario. Secondly, I am again considering the work of pros, a partnership with which was announced last week by Metalpha. The immediate goal for him, while maintaining the current emission, is a retest of the 0.50-75 range and a test of 1.0 under an optimistic scenario. Also, waves of growth up to 30-50% can still show vite and hard. When choosing the position size, do not forget that coins with the monitoring tag, although they have the greatest growth potential, still retain the probability of delisting.
To save funds in the medium term, gft looks the most interesting so far due to its high liquidity.
Could Ethereum drop from here?The price has reacted off the pivot and could drop to the 38.2% Fibonacci support.
Pivot: 2,651.09
1st Support: 2,557.66
1st Resistance: 2,766.07
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ETHUSD: Market Is Looking Up! 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 2,521.5
Wish you good luck in trading to you all!
ETHUSD-SELL strategy Kagi 2-Hourlywe are in red territory of the regression channel, and negative on stochastic etc. I feel we will attract regression channel bottom near $ 2,390.00.
Strategy SELL @ $ 2,500-2,525 and take profit near $ 2,390.00
ETHUSD-SELL strategy 6-hourlyETHUSD is under pressure, and even though it tried to maintain above $ 2,575 is failed. We are comfortably below the cloud cover, and negative signal as well. I feel we will see a test of $ 2,383 again.
Strategy SELL @ $ 2,500-2,525 and take profit near $ 2,390 for now.
ETHEREUM Sideways action until proven otherwiseThe trading idea behind it is simple. Ethereum will not move anywhere until it breaks out of this range. Until then, there is no reason to trade. The coin is consolidating and patience is the key here.
ETH: Maybe up? Maybe down?I painted the May '24 breakout pretty well. This was the breakout running into the ETF approval. Buy the Rumor. Sell the news event. And ETH has been selling off ever since.
All considered, ETH seem to be setting a trend of higher lows as it's attempting to break the trend. Either way, it will break this consolidation sooner or later.
ETH/BTC is the important chart to keep an eye on. BTC could rips to the upside (as it often does) and ETH would sell off on the ETH/BTC pair. Not all bad. BTC profits often rotate into ETH gains. Just like the good old days. BTC Gains --> ETH BOOM!
Take profits.
I dont short Crypto, but if i did....... ETH is on the list!I trade crypto and stocks on a long only portfolio, if I have a short bias, I am flat.
However, looking at ETH on a momentum play.... this could be interesting. If ETH can push below every major momentum moving average, momentum could really push this into a big volatile sell off.
Fundamentally, I like this play, I have a strong dislike for ETH, I don’t think it’s got the same appeal as other altcoins, there’s no real buzz about it.
The risk to any ETH shorts is, I am long only crypto and believe BTC will hit $100k in 2025, will ETH piggyback onto some of that momentum? probably.
If there’s a convincing close below my level, not a quick spike, then ETH could be a good short term short. Get the trade into breakeven and take profits on any big volatile moves down.
ETHUSD Waves AnalysisBase on Wave Analysis We see this Move For ETHUSD
we are in wave b for 3000-3380
