ETH Long Demand zone still holding strong and a higher low has formed at 580 to boost .
Price retraced into reversal area between 0.618 and 0.5 fib levels earlier in the week .
Expecting a move to 2900
ETHBULLUSDT trade ideas
Ethereum Price Analysis: Potential for a 40% Rally Ethereum Price Analysis: Potential for a 40% Rally
Ethereum (ETH) has been trading sideways recently, staying between $2,450 and $2,550. Despite this consolidation, there are signs that ETH could see a significant rally soon.
Key Factors: COINBASE:ETHUSD
Bullish Fractal Pattern: Ethereum’s price action is forming a pattern similar to previous bullish breakouts. This pattern suggests a potential rise to $3,375, which would be a 40% increase from the current price.
Support Levels: ETH has maintained strong support around $2,300. If this level holds, it could act as a launchpad for the next upward move.
Double Bottom Formation: On the ETH/BTC chart, a double bottom pattern is emerging. This pattern often indicates a bullish reversal, increasing the chances of a price rise.
Potential Risks:
Resistance Levels: If ETH faces strong resistance around $2,550, it might struggle to break out, leading to a possible drop back to support levels.
Market Sentiment: The overall market sentiment and macroeconomic factors will play a crucial role in ETH’s price movement. Negative news or market downturns could impact the bullish outlook.
In summary, while Ethereum shows promising signs of a potential rally, traders should keep an eye on key support and resistance levels and stay updated on market trends.
I hope this helps! Let me know if you need any further adjustments.
#ETHUSDT: Three Major Targets Zones, Final Target at $4500
The current price action suggests that the asset is consolidating within a range of $2100 and $2500. This accumulation phase appears to be nearing its conclusion, indicating a potential shift in market sentiment. Based on technical analysis and market observations, we anticipate a strong bullish price distribution that could propel the asset to an all-time high.
A strategic entry point at $2500 presents an opportunity for a significant swing buy trade. This entry level has the potential to drive the price towards its all-time high of $4500. To achieve this target, we have established three key milestones.
The first target is the $3000 region, which we believe is within reach in the near term. The second target is $3800, which may require a longer timeframe due to the distance from the current price and the need for robust fundamental support. Finally, the ultimate target of $4500 is projected to take several months to materialize and may involve temporary corrections along the way.
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Ethereum (ETH): Fight Between Buyers and Sellers / We Wait!Ethereum is still hovering above the broken zone where we see that price is yet to decide where to move.
Each push gets supressed by sellers and each dump gets supressed by buyers so we need to see and wait.
For us to see a downward movement from the current zone, we need to manage and move towards the EMAs in the next 24-36 hours; otherwise, there is a high likelihood of the upper zone being touched and only then a movement to the lower zones to start!
Swallow Team
Sell ETH/USDT Channel BreakoutThe ETH/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 2620, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 2488
2nd Support – 2410
Stop-Loss: To manage risk, place a stop-loss order above 2700. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
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Ethereum, patience is the key for longsEthereum is a different story.
It's more challenging to catch, but the bullish arguments are also strong on higher timeframes. However, if you're aiming for a solid long position, patience is key. Set alerts at crucial levels like the weekly bullish FVG and the two daily bullish FVGs. The price is currently moving to provide a fair value for supply.
For now, this is the main idea I have in mind.
BINANCE:ETHUSDT
Ethereum longEthereum bounced off the lower boundary of ascending channel. Asset bounced off the support level. Bullish movement to resistance level at 2677 is possible.
Ethereum is undervalued by society!As we mentioned, Ethereum is one of the three assets that the market maker has been accumulating. As you may have noticed, 2/3 of the assets have already shown their strong growth (Bitcoin and Solana), while the dominance of BITSTAMP:ETHUSD is at its lows since 2021.
It is also worth paying attention to the data inside the blockchain, which shows a large accumulation of BITSTAMP:ETHUSD on the wallets of market makers, investment funds and large conglomerate like BlackRock, Vanguard and others. Most recently, BlackRock exchanged their Bitcoin to buy Ethereum, which is a direct signal of bullish sentiment towards Vitalik Buterin's project. We expect a rapid growth of BITSTAMP:ETHUSD in the next two months with a top update!
ETH/USDT 1D chart review Long-TermHello everyone, let's look at the current ETH situation considering the time frame of one day. In this situation, we can see how the price will send up from the triangle.
Let's start by setting goals for the near future, which include:
T1 = $2,667
T2 = $2763
T3 = $2,891
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $2587
SL2 = $2528
SL3 = $2,429
SL4 = $2,357
ETH/USDT 1D chart review Long-TermHello everyone, let's look at the current ETH situation considering the time frame of one day. In this situation, we can see how the price will send up from the triangle.
Let's start by setting goals for the near future, which include:
T1 = $2,667
T2 = $2763
T3 = $2,891
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $2587
SL2 = $2528
SL3 = $2,429
SL4 = $2,357
Ethereum (ETH): Buyers Are Dominating After Resistance BreakoutBuyers are still showing dominance after breaking the resistance, where now there is a possibility of reaching an upper resistance zone for a smaller re-test after what we want to see: a rejection and a move to the bullish trend line.
Swallow Team
ETH/USDT Approaches Key Resistance After Double Bottom Breakouthello guys!
Key Observations:
Double Bottom Pattern:
A well-defined double bottom pattern formed around the $2,307 zone.
The neckline breakout has occurred, and the price is nearing the projected target of the double bottom pattern, around the $2,730 area.
Resistance Zone (Blue Box):
The price is approaching a key resistance area between $2,680 and $2,730.
This area represents a major challenge for bulls, as it's a historical level where selling pressure previously increased.
Ascending Channel:
ETH is trading within an ascending channel, with higher lows and higher highs.
The upper boundary of the channel aligns with the resistance zone, indicating the confluence of a strong resistance level.
Potential Targets:
If the price breaks above the resistance area, the next target lies around $2,800, which is the upper boundary of the ascending channel.
On the downside, if the resistance holds, a pullback toward the support of the channel around $2,560 to $2,480 is possible.
Engulfing Pattern at Support:
A bullish engulfing pattern at the double-bottom zone initiated the current rally, showing strong buying interest in this region.
Trading Signal For ETHUSDT Trading Setup:
A Trading Signal is seen in the ETHUSDT Ethereum (Futures)(4h)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 2548.73
⭕️SL @ 2499.89
🔵TP1 @ 2786.54
🔵TP2 @ 2960.00
🔵TP3 @ 3252.62
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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Ethereum to 3000$ - ETH POSSIBLE SWING ZONEHello friends,
Crypto markets and risk assets have been performing well recently.
Bitcoin is beginning its delayed bullish momentum and catching up with indices like the S&P 500.
Ethereum and altcoins are also following this bullish trend.
I believe we may see Ethereum experience a small retracement to the marked zone labeled as the 'Long Zone,' and from there, it could take off toward Target 1 and Target 2, eventually reaching $3,000 in my opinion.
The 'Long Zone' is the area where I consider a swing position for Ethereum.
Of course, don’t forget about the geopolitical risks and the U.S. elections on November 5th. The momentum could shift significantly if we receive negative news.
Please be cautious and avoid taking risks that you aren’t prepared to lose.
Nothing I share is financial advice. For educational purposes only.
SasanSeifi| Is Ethereum Poised for a Move to Higher Levels?Hey there, ✌ In the daily timeframe analysis, as shown, the price has entered a downward trend from the $4,000 range. Following this price drop, it reacted at the important support level of $2,100, oscillating between the price ranges of $2,100 to $2,800. Currently, after observing demand at the $2,300 level, the price has experienced slight positive fluctuations and is trading around $2,600.
Based on the candlestick behaviour, it is anticipated that in the short term, the price may rise towards the important resistance levels of $2,700 to $2,820, with some minor positive fluctuations. If the price breaks above $2,820 and stabilizes in lower timeframes, the likelihood of further price growth towards the resistance zone of $3,000 to $3,250 increases. In such a scenario, monitoring the price reactions at these levels will be essential for evaluating the next trend. However, if the $2,820 level is not breached and the price fails to maintain its stability, the possibility of a price retracement may rise.
The long-term outlook remains bearish, with expectations for the price to move towards the $1,800 to $1,500 range.
In the daily timeframe, the $2,450 to $2,300 levels serve as critical support. Maintaining the price above these levels is crucial for the desired scenario.
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
If you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌✌
Ethereum - big move is coming. My 2 plans Ethereum - big move is coming. My 2 plans
I expect big rise on ETH because OI is nearly ATH
my 2 scenarios
1st - price create range - at VAL of that range we take LONG (80% chance)
2nd plan - bigger SL hunt happens and price re-test POC of previous range $2445 area
Lingrid | ETHUSDT possible LONG opportunity from SUPPORT zoneThe price perfectly fulfilled my previous idea. It hit the target level. The market has formed a double bottom and broke and closed above that pattern. Additionally, it also broke and closed above the previous resistance level at 2650, which had been respected before. Overall, this indicates that the market is making higher lows, reflecting increased buying pressure. I believe that the price may continue to move higher, IF it bounces off the support zone below by rejecting it and forming rejection candles. This would suggest strong buying interest and could further confirm an upward trend. My goal is resistance zone around 2750.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
ETH/USDT Analysis Update!Ethereum shows signs of resistance near the upper trendline within a descending channel, indicating a potential pullback in the near term.
Ethereum is currently testing the resistance level at the channel's upper boundary. Previous attempts to break the above have resulted in pullbacks, which could happen again if buying pressure does not increase.
The highlighted yellow area is a crucial support area, where buying activity has provided consistent upside in the past.
The recent price action indicates a potential bearish divergence, indicating potential downward movement if confirmed.
Consider a short position if the price fails to break the resistance level.
A stop-loss can be placed slightly above the resistance line to manage risk.
Target the lower support area around $2,270 to $2,210 as a potential area for profit-taking.
Continuous monitoring of Ethereum’s price action around the resistance level will be crucial to anticipate the next significant move.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
Ethereum Eyes Breakout Above Key Resistance
In this 1-hour ETH/USDT chart, Ethereum shows strong upward momentum, highlighted by the large blue arrow.
Key Points:
Clear Uptrend: Ethereum has been moving in a steady uptrend, reflected in the price action staying above the moving averages. This signals that buyers are still in control, with higher highs and higher lows forming consistently.
Support Area: The green zone, around $2,590 to $2,600, acts as a solid support level. Price may pull back here before finding enough buying interest to push higher again.
Resistance Zone: The red area, between $2,670 and $2,690, is a key resistance where the price has previously struggled to break through. If Ethereum tests this level again, it could be a critical turning point.
Potential Move: The chart hints at a possible dip back to the support zone, followed by a bounce towards resistance. If the price breaks above the $2,690 mark, it could rally further, with a target potentially around $2,748.
Can Ethereum Reach a New All-Time High?Hello, traders!
Let’s analyze ETH on the weekly timeframe.
ETH is currently at its support trendline, and a rebound is expected soon. In the past, ETH has consistently respected this trendline, and we can expect a similar move this time.
A rebound from the current price could easily target the all-time high of $4868, which would be a 128% gain from the support level. The 200 EMA is providing strong support, merging with the support trendline.
The RSI indicates a hidden bullish divergence, signaling a potential positive move for ETH.
Key points to note:
~ Support Range: $1950-$2523.
~ Target: $4868 (ATH).
~ RSI: Hidden Bullish Divergence.
Note: Always do your own research and analysis before making any decisions.
Trade safely!
ETH Long Price has found support at demand zone between 2511 and 2546.
Good long potential from here till 3K area.
