ETHUSD LONG @2700 SL & TP ON CHARTTo accompany my other BTCUSD position Another swing reversal trade going off middle east tensions likely sending gold to test ATH area which should in turn recover BTC & stocks at least in the short term back to test last weeks high Using 1% risk trade is 1:4.5RLongby PGTrades3
ETH for the Bears After all this excitement with the ETF approval we have expected the fundamentals to kick in and take this baby to All Time Highs. Unfortunately we have seen the opposite. From my technical analysis we may be experiencing a bearish cycle for Ethereum. I myself was anticipating the Fib Level to be in favor of the upside but now i’m noticing a clear bear flag on the 3hr - Daily timeframes. The fib level indicates a price drop to around 3,080 and if it breaks below that we will see a push to the downside of nearly 2800. Let’s say they’re going to target some liquidity… that would drop the price further beyond 2000 and around 1800 range If it holds support around 3100 we should be aye okay to start heading towards the upside and move away from the downside Shortby bigdreamsrichmotivesUpdated 773
BTCUSD & ETHEREUM next week Predictions \\ gold & oil next move You make money if the price moves either up or down's. If the price decreases in value, your position makes a profit. A trading plan is a set of rules that specifies a trader's entry, exit, and money management criteria for every purchase. With today's technology, test a trading idea before risking real money. Known as backtesting,this practice allows you to apply your trading idea using historical data and determine if it is viable.10:48by Vishalatul0971
Ethereum final legup comingEthereum has been in wave iv correction for last 6-7 months. wave IV is about to complete and wave V upmove is just round the corner. See you at ATH :)Longby coding_thoughts4
ETH Meltdown Explained *I am in no way a financial advisor and you should always do your own due diligence before placing any trade. Do not trade what you are not comfortable with losing. No trade is guaranteed. Eth buying has exhausted, buyers have failed to give price a new high. Price has only given us one leg on what could turn out to be a double bottom in 800-900 price major support area. From what we can see in the visual it make more sense for price to attack support and start a new bounce from weekly low support to weekly high resistance Shortby l2xinvestors0
Ethereum is holding onto the crucial area of support*Introduction | Gaining Perspective Ethereum experienced a 10% correction between July 31 and Aug. 2, retesting the $3,000 support for the first time since July 8. This movement significantly outpaced the broader cryptocurrency market, which declined by 6.8% during the same period. Despite this, Ether futures open interest rose to its highest level in seven months, speculating whether a rally to $3,600 is the next probable move *Narrative | Expanding Set Up Parameters Part of Ether’s decline can be attributed to the lack of net inflows into recently launched Ether exchange-traded funds (ETFs) in the United States. Although there were some inflows, particularly into BlackRock’s iShares Ethereum Trust and the Fidelity Ethereum Fund, these were offset by outflows from the Grayscale Ethereum Trust, which has existed since before the ETF conversion *The labels that are used are ment to draft and measure context to the price action involved and contain no rules-engaged notebook + applied-set up indicators, but an avoiding interference to use other rules-engaged software to enhance in general, regarding to the watchlist and trade plan that is relevant to trade-on *Key indicators on Trade Set Up in general; 1. Push Set Up 2. Range Set Up 3. Break & Retest Set Up *Active Sessions on Relevant Range & Elemented Probabilities; - Asian(Ranging) - London(Upwards) - NYC(Downwards) - Weekend Crypto Session by jasper162311
Potential ETH meltdown to very low numbers *I am in no way a financial advisor and you should always do your own due diligence before placing any trade. Do not trade what you are not comfortable with losing. No trade is guaranteed. ETH may be in very a steep drop. Be careful buying out this level. The last bounce off support didn’t reach the same height as the first bounce showing price may be weakening on the larger time frame. Use proper risk… 3-5% Shortby l2xinvestors11119
ETH updateETH ETF was a typical sell the news move, now after correcting for two weeks I think ETH will go for a wild ride up Longby Nxgencrypto110
More Downside for ETHUSDMore Downside for the ETHUSD to atleast TP:2920.80 Swing trader is wat i do.. is how m built .. its within... it remains and we dont give up, we must win.Shortby lasinjacksonUpdated 6611
Bullish potential on ethereum I anticipate some bulls for the next days ahead on ethereum. Always wait for clean confirmations. This is just my thought and doesn't constitute a financial advice. All the best Longby KISS-EWA3
ETHUSD Will Go Up From Support! Long! Please, check our technical outlook for ETHUSD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 2,983.0. The above observations make me that the market will inevitably achieve 3,315.8 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProviderUpdated 114
ETH target 36004h time frame - TP: $3600 SL: $2730 RR: 5 - (1) Potential Bullish Gartley (2) Entry based on two support-Gartley D point & descending channel bottom (3) Stop loss if go below the horizontal supportLongby EthanTW119
ETHEREUM ON CLEAR RISEExcellent Time To Buy Ethereum For The Long Term. We will wait for it to enter our point of interest before searching for a long entryLongby wk70660
ETH - Short to 2,800ETH - Short-term Bearish from 3,120, especially if BTC does not maintain 63k on the daily candle close. MACD has some sellers with a slight bullish divergence in the neutral zone, heading to oversold but we are not there yet. Fear and Greed index shows we still have not reached the peak fear zone. I think we might see continued selling until 2,786 to 2,804 area before we see a reversal. I'd like to see ETH hold above 2,800 on the Sunday candle close for invalidation of the short. ETH still in danger of a death cross on the daily in the next few days if it doesn't catch a strong bid, or a bid off the next support.Shortby DClayton0
Ethereum 2nd Test on our demand zoneEthereum decided not to continue with the trend but to conduct a second test before the rally. This pattern is very natural when the market breaks a channel and seeks equilibrium points in demand zones. Our plan remains in place. Remember that markets need to make pauses or retests before taking action. Additionally, we must consider that markets, in general, have been bearish—we are in a bear market. However, the points of interest I have marked are based on historical prices and significant liquidity, so we can expect aggressive movements once the price reaches the indicated zones. Thank you for your support, and don't fear these bear markets; on the contrary, we should average in and take advantage of the opportunities they offer us. RegardsLongby RocketMike1112
Eth enters the demand area very strongETH in a strong request area, the probability of reaching $ 3600, which represents a reflection of the ABCD Model.by Tegdz0
ETH morning Retest back to recent level *I am in no way a financial advisor and you should always do your own due diligence before placing any trade. Do not trade what you are not comfortable with losing. No trade is guaranteed. ETH. Has recently broken a level of small support , price should return back to level of structure broken which is now resistance and push back to downside. 3-5% risk management Market execution ( 2992) TP 3130 SL 2983 Longby l2xinvestors2
#ETH buy zone be ready to catch it.#ETH buy zone be ready to catch it, i think chart saying everything Longby ARCHREX119
ETHEREUM STRONG SUPPORT AHEAD|LONG| ✅ETHEREUM will soon retest a key support level of 2,800$ So I think that the pair will make a rebound And go up to retest the supply level above at 2,880$ LONG🚀 ✅Like and subscribe to never miss a new idea!✅Longby ProSignalsFx111
ETHUSDT Bullish Corrections: Heading Towards $3121Analysis: Following recent market developments, ETHUSDT is showing signs of bullish corrections. The price has been correcting from the $2950 price region and is now making its way towards the $3121 price point. Key Points: Market Developments: Recent positive developments have sparked renewed interest and confidence in Ethereum (ETH), leading to increased buying pressure. NFP Impact: The Non-Farm Payroll (NFP) report released today significantly affected the market. As a result, we observed a Bitcoin price drop, which caused traders to panic sell across the crypto market. Despite this, ETHUSDT is demonstrating resilience and a bullish correction. Support Level: The $2950 region has shown strong support, acting as a solid foundation for the current upward movement. Target: Based on current market momentum and technical indicators, the next significant resistance level appears to be around $3121. Technical Indicators: Moving Averages: The 50-day and 200-day moving averages are converging, indicating potential for a bullish crossover. Relative Strength Index (RSI): Currently trending upwards, suggesting increasing buying momentum. Volume: There has been a noticeable uptick in trading volume, supporting the bullish outlook. Conclusion: With the support at $2950 holding strong and the market reacting positively to recent developments, ETHUSDT is poised for a move towards $3121. The market's response to the NFP report, causing a Bitcoin price drop and subsequent panic selling, adds an extra layer of volatility to monitor. Traders should watch for potential pullbacks and confirm the uptrend with volume and momentum indicators. Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always do your own research before making any trading decisions. Longby TheLastLuftwaffe0
(ETH) ethereumindicator look at the Ethereum price. The green line trend represents a price headed to higher prices when the green line touches down. The green line is touching the 0 horizon. There are many different indicators to determine positive or negative directions. These indicators give a potential positive outlook. Price of ethereum should retain some surmountable levels considering the hype and logical phase of ETH ETF. Ethereum did not go through a halving like Bitcoin therefore the future price of Ethereum is much more leading or telling based on history one might suppose. Longby CryptocurrencyBlot1
Ethereum Keltner Channel 👀ETH reached local resistance in the form of the red zone of the channel, faster than the last cycle. What does this tell us? The consolidation before the next move may be longer. 🤔Most will say that ETH has not reached ATH yet, so it should go up right now, I can say that ETH mostly lags in taking past highs and does it sometime after that like Bitcoin did. 💡And the phase of more active growth is at the end of the cycle, so be patient and the market will thank you with a profit.Shortby FeelsStrategyUpdated 7
ETHUSD Potential Bullish GartleyOn the daily chart, ETHUSD has a short-term shock and retreat, and the bearish trend is dominant. The current market is expected to fall further, with the downward target looking at around 2970. When the market reaches around 2970, you can pay attention to the potential bullish Gartley pattern.Longby XTrendSpeed2