ETH Preliminary Support at 750I've been thinking about scenarios where both Buyers and Sellers lose money the most. This is one of them. I'm making a note here as reference in the future, should this come to fruition.
Preliminary Support for ETH is mid 700's, where I will be buying. Probably around 736.
It would make sense here to create a Bull Flag / Inverted Head & Shoulders, as to increase available Distribution liquidity.
Many will be waiting to buy lower in the 300-400 range, which probably won't happen. It seems too easy, too obvious.
Anyway I am Short for now until this area :)
ETHBULLUSD trade ideas
ETH to $15000 LONGChart Analysis: Ethereum is currently forming an ascending triangle pattern, which is typically a bullish continuation pattern. The price action has been creating higher lows while encountering resistance at a level around $4000.
As the pattern evolves, a breakout above the resistance level could signal a continuation of the upward trend.
Trade Setup:
Pattern: Ascending Triangle
Resistance Level: $4000 (key horizontal resistance)
Target: The pattern suggests a potential move of approximately 445% upward, with a projected target of $21,908 (a significant potential move).
Stop Loss: Place the stop loss below the recent support trendline, around $2,200 to manage risk.
Take Profit: Set the initial take profit target at $15000 with further targets at $26000 and depending on how the price progresses after the breakout.
ETH to 4k this weekTrumps media company just bought 20 million in Eth. His memecoin is raging which caused a Sol pump, and ETH has been lagging the market. I expect a major Ethereum rally here, this was all planned. Note a bottomed stochastic RSI, a cooled off BBWP. The weekly chart has a lot of room to run. This last candle created a higher high and low.
My plan:
I entered now with a 10k position. I look to 3900$ in short notice.
PT 1 = 3500
PT 2 = 3900
ETH will shock everybodyWhen you are in the markets for a longer time you can see the mistakes people make over and over again.
To break it down:
So Trump tweeted his meme coin and now Solana is pumping and ETH is dropping. So people invested in ETH are getting unsure because look at the strong green candles of SOL and ETH looks like it's sliding away.
So now people are chasing SOL and suddenly ETH is nothing worth anymore. Well that's the receipe to get REKT and loose it all.
Fundamentally how can ETH be worth nothing? They have +20 year experience and grow organically to the level it's now. ETH is integrated with almost all platforms.
ETH is always the leading altcoin to start altseason is will now also.
Technically just because ETH is making some red candles doesn't mean it's a weak coin.
Actually the opposite, while SOL is pumping just because of a hype that's never good and will fallback to the real price. ETH is consolidating in a nice wedge and will breakout heavy in the coming weeks.
Then altseason is started don't miss the boat.
ETHEREUM (ETHUSD): Detailed Technical OutlookETHEREUM has been struggling since mid-December, with the market showing a slight bearish trend and forming a falling contracting wedge pattern.
A significant rejection occurred at a confluence zone created by the trend line of the wedge and a horizontal demand zone.
Currently, the market is consolidating within the wedge.
A potential bullish breakout above the wedge's resistance and a daily close above it could signal a bullish trend reversal, leading to a strong upward movement in the market.
eth long
** CRYPTOCAP:ETH Analysis: Time for a Comeback?**
Ethereum has been lagging behind as other "dino coins" push to new all-time highs. Despite the recent sell-off, I believe Ethereum is setting up for a move higher after sweeping daily liquidity.
### **Key Points:**
1. **Daily Liquidity Grab:**
ETH has taken out sell-side liquidity below $3,196, which could signal the start of a reversal. This is a classic setup for a bullish rebound after a liquidity sweep.
2. **Support Levels:**
- **$3,196:** Strong demand zone holding price, with buyers stepping in.
- **$2,906:** Major support and invalidation level for bullish continuation.
3. **Upside Targets:**
- **$3,341 (TP1):** Short-term resistance that aligns with daily structure.
- **$3,600 (TP2):** A critical level to watch, with a bearish order block overhead.
- **$4,100 (TP3):** Long-term target, aligning with buy-side liquidity and momentum continuation.
4. **Market Context:**
- While Ethereum has struggled to keep pace with other altcoins, this could be an opportunity to catch a rebound as ETH plays catch-up.
### **Trade Idea:**
- **Scenario:** Long from current levels ($3,196-$3,216) targeting $3,341 and $3,600.
- **Stop Loss:** Below $2,906 to manage downside risk.
### **Final Thoughts:**
ETH may have taken a beating, but the current setup looks primed for a recovery. Watch for strong reactions at key levels and follow momentum as the market looks to reclaim critical zones.
Let me know your thoughts and keep an eye on price action! 🚀