ETHBULLUSD trade ideas
Ethereum at a Key Level! ¿Rebound or More Drop?Hi traders! 🚀 I'm entering ETH/USD at a key zone. The price is testing support at $2,098, and while the trend is still weak, the RSI at 30 suggests we're in oversold territory. 👀
Trade Details:
🔸 Entry:$2,098 ✨
🔸 SMA 200:$2,213 → strong resistance.
🔸 SMA 20:$2,167 → could act as a barrier.
🔸 TP:$2,256 🟢
🔸 SL:$1,912 🔴
Clear risk management in place—let's see if we get the bounce! What do you think? 📉📈🔥
⚠️ Disclaimer: This is not financial advice. I'm just sharing my analysis and personal experience. Every trader should do their own research and manage their risk. 📢
ETHUSD The Week Ahead 10th March '25
Ethereum (ETH/USD) remains in a bearish trend, aligned with the longer-term prevailing downtrend. The price action suggests continued selling pressure, with critical resistance and support levels defining the next move.
Key Technical Levels
Immediate Resistance: $2,490 (previous support, now acting as resistance)
Major Resistance Levels:
$2,634
$2,785
Key Support Levels:
$2,100
$2,016
$1,906
Bearish Scenario: Rejection at $2,490
If ETH fails to break above $2,490, it would confirm the resistance level’s strength.
A bearish rejection from this zone could lead to renewed selling pressure.
Downside targets include $2,100, followed by deeper support at $2,016 and $1,906 over the longer timeframe.
Bullish Alternative: Breakout Confirmation
A daily close above $2,490 would invalidate the immediate bearish outlook.
A sustained breakout could trigger an upward move toward $2,634 as the next resistance level.
A continuation of buying momentum could lead to a rally toward $2,785, reinforcing a potential shift in market sentiment.
Conclusion
ETH/USD remains bearish unless it can reclaim and hold $2,490 as support. A rejection from this level could extend the downtrend, while a breakout above resistance would signal a potential trend reversal. Traders should monitor price action closely around these levels for confirmation of the next move
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Weekend daytrade Shorting ETH entry 2185Entered on 2 min chart. Top down analysis and HTF 8hr chart showed retests of inverse fair value gap after taking buy side. 1hr bearish gap got tapped in during session. Also same pattern top down of AMD ABC type of pattern. A degenerate type of trade but stops are already at breakeven.
Buy EthereumAltcoin season has been delayed, with prices seeing a sharp decline over the past couple of months.
However, Ethereum is flashing a potential buy signal with:
1. Increasing trading volume
2. RSI dropping below 40, indicating oversold conditions
These factors suggest a possible rebound ahead.
ETH Monthly Massive Trianglejust noticed this and ETH on the monthly just retested it's previous high before the base of the run up, this is common but tested once as a wick earlier. Measured move and I used the fib extension tool 6.18s are yellowed, the base is blue, so a buy are is now, and then the triangle time line is 75 bars measured from the first wick from base trend line to upper trend line. dates back to last bull run on the monthly. Most triangles break out at about 66% so that's 50 bars July 1 from either the top or bottom that's the vertical red line. With RWAs on ETH built projects, some elsewhere but evm and Solana AVAX a front run 9K ETH is really not out or the question
almost forgot important
indicators
rsi trying to turn up
volatility hearing up
but stich and jewel heading downward
some more down may be in store
waiting on Hash ribbon BTC indicator on daily to flash a buy middle month new moon maybe crazy but bull full moon is the illuminati of Bitcoin Bat Signal to buy world wide now that's deep lol
ETHEREUM BUY strongly hold patarn I think ignoring 1. Rejection at $2,200-$2,250 Zone
If ETH fails to break above this level, it may struggle to reach $2,530, leading to a retest of support.
2. Weak Volume on Uptrend
If the price rises without strong volume confirmation, the move could be a bull trap, leading to a reversal.
3. Breakdown Below $2,160
A loss of $2,160 support could trigger a deeper drop, invalidating the bullish outlook.
4. Market-Wide Sentiment
If Bitcoin or the broader crypto market faces selling pressure, ETH might fail to sustain the bullish momentum.
5. Liquidity & Whales' Activity
Large sell orders around resistance levels could lead to a sharp pullback before reaching $2,530 or $2,800.
ETHUSD - Ready for Break outETHUSD seems all ready for breaking out of triangle pattern. Here is why:
Price had broken out from double bottom formation earlier.
Harmonic Gartley pattern seems to be in play.
We had impulsive bullish move earlier that caused ChoCH.
We had liquidity raid below the low that caused ChoCH.
Accumulation with in triangle in underway after break out from double bottom.
Long positions may be considered after break out from triangle.
ETHUSD Energy build up capped by 2,236Sentiment: Neutral, Price action is consolidating in a tight trading range.
Resistance: Key Resistance is at 2236, followed by 2296 and 2380.
Support : Key support is at 2153 followed by 2090 and 2000.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.