ETHUSDT- 1DThe structure of the market for ethereum in the form of channels and Elliott waves in the long term shows that ethereum can record new ceilings in the coming year, I imagine the fractal movement according to the shape.
ETHBULLUSDT trade ideas
ETH long PumpAt the moment, ETH is lagging behind BTC. But the situation is fully formed and a sharp pump to the upper limit of the sidewall should be expected.
If you take a deeper look, then the level of 2500 was held, which means that there are few participants in the market to go lower and knock out their stop-losses
ETH/USDT 1D Trade idea It's no secret, Ethereum has been struggling this Bullrun.
Outperformed by Solana and other new emerging L1's, a permabearish ETH/BTC chart and losing market share in terms of volume on chain to its competitors.
The daily chart is a difficult one to digest as a fan of ETH, despite the ETF approval and the institutional investment that has come with it, the trend is an obvious downtrend of late and shows no signs of changing anytime soon...
The ETH/BTC pair is a similar story only the downtrend has been the case for much longer, unable to keep up with bitcoins price gains. Bitcoin is currently -20% from its ATH set earlier this year, Ethereum is yet to break its previous ATH set in '21 of $4850, -47% at current price which is way off BTC.
For me there are two possible entries:
- A mid range reclaim would then target a range high move going into the end of the year.
- A safer entry of filling the wick set in the beginning of august with a slow grind down, sweep liquidity, reclaim and pump from there.
Both situations would require BTC to behave as always.
Donald Trump Now Holds Ethereum Worth $1 MillionDonald Trump, the former President of the United States, has made headlines once again, but this time it's not about politics—it's about cryptocurrency. Recent financial disclosures have revealed that Trump holds between $1 million and $5 million in Ethereum ( CRYPTOCAP:ETH ), placing him among the prominent figures in the digital asset space. This revelation comes at a time when the crypto market is facing significant volatility, particularly for Ethereum, which is experiencing heavy selloffs and ETF outflows.
Trump’s Deepening Involvement in Crypto
The disclosure of Trump’s Ethereum holdings marks a significant shift in his financial strategy, particularly given his past criticisms of cryptocurrencies. Once dismissive of Bitcoin and other digital assets, Trump now appears to be embracing the crypto world, not just as an investor but as an active participant in the burgeoning market. His Ethereum ( CRYPTOCAP:ETH ) holdings, valued at up to $5 million, suggest a calculated move to diversify his wealth and capitalize on the growing influence of digital currencies.
But Trump's involvement doesn't stop at Ethereum. He has also earned millions through NFTs (Non-Fungible Tokens), a digital asset class that has exploded in popularity over the past few years. According to the financial disclosure, Trump has raked in over $7 million from NFT licensing deals, making him a significant player in the NFT market as well. His NFT projects, including the controversial Trump Digital Trading Cards, have generated over 15,808 ETH in trading volume on OpenSea, one of the largest NFT marketplaces.
The Crypto Influence of the Trump Family
Trump's foray into the crypto world isn't an isolated endeavor. His family, particularly Donald Trump Jr., has also shown a keen interest in digital assets. Trump Jr. recently launched a Telegram channel dedicated to cryptocurrency and decentralized finance (DeFi), which has quickly amassed over 11,000 members. This initiative, dubbed "The Defiant Ones," signals the Trump family's growing influence in the crypto space and their intention to leverage this new frontier for political and financial gain.
The timing of these revelations is particularly noteworthy as they coincide with Trump's ongoing campaign for a return to the White House. His deepening involvement in cryptocurrency could be seen as a strategic move to align himself with the rapidly growing number of crypto enthusiasts and investors, a demographic that has become increasingly influential in American politics.
Ethereum’s Tumultuous Moment
Trump’s significant Ethereum ( CRYPTOCAP:ETH ) holdings come at a time when the cryptocurrency is under intense market pressure. On August 15, spot Ethereum ETFs saw a net outflow of $39.21 million, reflecting waning investor confidence. This was further exacerbated by a major whale selloff, where 2,978 ETH were dumped, adding to the bearish sentiment surrounding the digital asset.
Crypto analysts have issued warnings of a potential correction in Ethereum's price, with some predicting a drop below the crucial $2,000 support level. The combination of ETF outflows, whale selloffs, and technical indicators like the TD Sequential flashing sell signals all point to a challenging period ahead for Ethereum.
Political Implications and Market Impact
Trump’s crypto investments, particularly his substantial Ethereum holdings, add a new layer of intrigue to his political persona. His entry into the crypto space could resonate with younger, tech-savvy voters who view digital assets as the future of finance. Moreover, it positions him as a forward-thinking leader who is willing to embrace new technologies, a narrative that could play well in his presidential campaign.
However, Trump's crypto dealings could also attract scrutiny, especially from regulators who are increasingly focused on the digital asset market. The fact that Trump has quietly amassed a fortune in Ethereum while the broader market faces regulatory challenges and volatility could raise questions about his motives and the potential impact of his financial decisions on the market. Donald Trump is making his mark in the crypto world, and the implications could be far-reaching.
In the ever-evolving landscape of cryptocurrency, Trump's actions may set a precedent for other political figures to follow, potentially intertwining the worlds of digital assets and political power in unprecedented ways.
ETH: Is ETHEREUM About to Crash?Is ETHEREUM About to Crash?
Technical Analysis:
Ethereum (ETH) has formed a bearish wedge pattern, suggesting a potential downward move.
A strong resistance zone near $2,780 has pushed the price back down.
Consequently, ETH is likely to continue its decline in the coming days.
Key support levels to watch are $2,450 and $2,330, with the possibility of further drops to $2,200.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Are we expecting 73% or 75% Drop for ETH just like before? Just like on march 2020 was drop to 73%, and now we probably expected to drop till next year
New Bullish Move From Here To The 2950$👉 The Ethereum Price Completed 5 Waves Of Impulse And Currently Bounced From The 2550$ Area Which Is Wave C From Main Wave 2 PRZ
📈 Expect a Bullish Move From Here Toward a 2950$ As a Next Target
The occurring pattern happened on ETH's price action.I found that this is the pattern ETH has been doing since its inception.
5 day timeframe.
The result of the previous analysisThe result of the previous analysis 🤙😎
The previous analysis had no feedback, while it could have been of great benefit to you
Maybe 1k just in 2 hours :)
ETH LONG IDEATHIS MY ETH LONG IDEA FROM IRL TO ERL
MARKET JUST GAVE THE MSS AND RIGHT NOW ITS RETRACING
there are many confluences for longing eth from the blue price note 2496+GP which is basically a liquidation level but it might tap GP as well and fvg too good luck who ever see this IDEA you better DYOR
Bearish Signal ! ETH broke 4h trendline.ETH Just broke the trendline on the 4h and had a retest. Big bearish engulfing candle.
Enter now or wait for pullback on lower timeframe
Minimum 2RR
ETHUSDT SHORT RESULTSETHUSDT
SHORT
TARGET 1 DONE
440% LEV X 100
88% LEV X20
congratulations for all followers
tx for trust me
patience is key of trading
#ETH rebound expectation has been realized📊#ETH rebound expectation has been realized✔️
🧠 We started to rebound after getting support near the buying zone. Now we are blocked near the resistance zone again. We need to be wary of the risk of a pullback and don’t chase the rise in the resistance zone⚠️
➡️Congratulations to the friends who followed Wolf King to print money and received generous rewards.
💕 Follow me so you don't miss out on any signals and analyze 💯
BITGET:ETHUSDT.P
ETH Update - 15.08.2024 / Long trade idea1d: got a reaction after liquidity withdrawal in the buyer's block order zone and came to the seller's imbalance.
Now rebalanced to the breaker imbalance zone and key level.
1h: here we move on the upward flow of orders.
Removed liquidity in the local breaker imbalance and left liquidity behind the key low.
Here I see something either after inversion on the order flow or after liquidity withdrawal from the key low!
Breaking Support Line ??ETH is about to break a support line that has been trending since August 6-7th.
Will this break break down to finish corrective 5th?
Or will it be a fake out and rebound from here.
I am looking at a potential small rebound in the mid bollinger on my chart, after that and head to my 0.382 target, I plan to exit at the first Trend Base Fib Time Zone.
Bitcoin & Ethereum Approaching Decisive Levels!In this video, I dive into the current status of Ethereum and Bitcoin. I discuss why both tokens are approaching decisive levels. Moreover, I also highlight what might happen in case Ethereum and Bitcoin can't manage to stay above these level.
Enjoy and let me know your thought!
2024-08-15 ETHUSDTThe price of Ethereum (ETH) has steadily rebounded from its low of $2666, demonstrating the market's continued confidence in cryptocurrencies. With an increase in trading volume and positive market sentiment, ETH is expected to break through the key resistance level of $2900. The support level and moving average indicators on the technical chart both indicate an increase in buying power, suggesting further upward potential for prices in the short term.
ETH/USDT 4H chartHello everyone, I would like to invite you to a quick review of ETH/USDT, taking into account the 4-hour interval. As you can see, the price, despite the nice rebound, still remains below the downward trend line.
Moving on, we will move on to determining support and here the price is currently bouncing off the support at $2,427, then we have strong support at $2,204.
Looking the other way, you can see how the resistance at $2,805 rejected the sudden upward movement, only when it overcomes it will it move towards the resistance at $2,987, and further towards the very strong resistance at $3,237.
ETH - Ranges overview (update)We've taken out some buyside, failed to hold above 2.7K and we are currently trading below the HTF sellside and the FVG (yellow box).
Taken some scalp on both sides of the market today and done for the day.
Will look to see how we move from here.
IF we reclaim the FVG expect us to push higher towards 3K and eventually higher.
IF we fail to hold these current highs we will trade back towards 2.5K
No need to FORCE YOUR WILL ON THE MARKET
The overall trade idea on ETH remains unchanged.
BE PATIENT...PLAN AND EXECUTE
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Etherium sell side view in 1HR timeframeif there is CHOCH in eth then there is important BOS LEVEL if eth crosses it then we might see a huge down trend
For sell view
1. Chart pattern
2. SUPPORT turned into Resistance
3. Reversal from 50% retracement area
For buy
1. choch then little bos
sellers get trapped then running to 3080
##BTC also showing weakness
Ethereum — Continues To Move In The Middle Of The (Bearish) ChanLike Bitcoin, Ethereum started to pump once the CPI data was published but immediately reversed. However, the price is still almost exactly in the middle of the (bearish) ascending channel.
The upper trend line is currently at 2.8k, which is equal to the resistance, while the lower trendline is at ~2.6k.
As long as we don't see a decisive move above or below the trend lines, we will still be in decision mode. Based on the chart pattern, I remain on the (short-term) bearish side and expect a break to the downside.
Let's see what the next hours and days will bring!
ETH - Bullish Unless...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 As per my last analysis, attached on the chart, ETH rejected the $2000 support zone and surged by over 25%.
What's next?
As long as the bulls hold, a movement towards the $3000 - $3100 resistance zone would be expected.
📉 In parallel, if the last 4H low at $2600 is broken downward, a bearish movement towards the $2100 would be possible where we will be looking for new short-term longs.
Which scenario do you think is more likely to happen and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ETH - Massive Support Ahead!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 After breaking below the $3000 round number, ETH dipped by over 30%.
Currently, ETH is hovering around a strong rejection zone as it is the intersection of the $2000 round number and support, and the lower red trendline.
🏹 The highlighted red circle is a strong rejecting area to expect the bulls to kick in from.
📚 As per my trading style:
As #ETH approaches the red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
Which scenario do you think is more likely to happen and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
