ETHBULLUSDT trade ideas
ETH UpdateETH followed my analysis perfectly as planned & we got 10% recovery since last update
Now price is getting close to finish this wave of movement and begin the next. But we have to wait and see where and how this movement will start. If and when price finishes the yellow path, then we have to see whether we can get a new pump in the market or the correction will continue?
You should not take this analysis a green light for opening short positions because the zones are not very fresh
Ethereum base finally formed $2380Ethereum has finally formed months of a solid base at $2378 and clearing the final downtrend line before a move up to $7600. If you were ever looking for a spot to get seriously long this is it.
Ethereum long scenario - mainly spot tradeEthereum long scenario
Entry: market order
Stop: 2200
Risk: 1%
Take #1 (if rebound): 2800
Take #2 (if rebound): 3950
Take #3: 4700-5000
Ethereum: Potential for a Bullish Breakout The technical analysis of #Ethereum shows a potential bullish breakout with an "ascending triangle" pattern, targeting $3017 to $3623. This aligns with recent market insights, predicting stability around $2600 - $2750 in the near term and a possible rally in early 2025 after a dip in Q4. Investors might watch for momentum changes as #ETH moves through these critical price levels.
The upcoming period may be a bit painful.First of all, I should state that I expect Bitcoin dominance to rise to the 60%-62% range and Bitcoin usually falls in september.
If Bitcoin will fall and at the same time its dominance will rise that's means we may see a strong downtrend in altcoins.
Ethereum has completed its Elliot 5 wave pattern from the bottom and and still in the correction waves. And I think a second wave Elliott correction is needed in the longer term uptrend.
Afterwards, I think 2025 could be a very good year the market and there might be a chance to sell at good prices in 2026.
* What i share here is not an investment advice. Please do your own research before investing in any digital asset.
* Never take my personal opinions as investment advice, you may lose all your money.
ETH LongAs expected price is moving in the direction of a breakout from the upper channel of the symmetrical triangle.
Long opportunity if price retraces back to the demand zone between 2560 and 2600
Ethereum - big MOVE is COMING Ethereum - big MOVE is COMING
Oi is at ATH of a year
last time price did 45% move
i think this time move can be even bigger
Lingrid | ETHUSDT Continues to Show BULLISH sentimentThe price perfectly fulfilled my previous idea. It hit the target level. BINANCE:ETHUSDT has been consolidating on the daily timeframe since August, recently forming higher lows. However, it failed to break through the previous resistance zone, resulting in a fake breakout followed by a pullback. When zooming out, it appears there is accumulation occurring around the 2500 price level. Since the price has broken and closed above the range zone and the downward trendline, I believe the market may retest these levels before continuing to push higher. If the market holds above those key levels, we can expect a continuation of the upward movement. My goal is resistance zone around 2770
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Ethereum (ETH): 2 Unfilled CME Gaps ($2,440 & $2,220)Ethereum has made another bounce from the bullish trend here, where this time with a sharp break of EMAs we have formed a nice small CME gap near that bullish trend zone.
As you all know, a CME gap acts as a magnet over some time, and now this is the second CME gap that has been unfilled since September.
So our gameplan is simple: look for a rejection from the upper zone (after some further bullish movement) and then a break of trend, which would result in a fill of the second CME gap!
Swallow Team
Possibly one more wave down before the rebound. 4th almost donescenario 1, we have one more wave in 4th to finish the ABCDE structure, then 5th wave starts and find support near 2200.
Another scenario is that we are already in 5th that didn't quite play out and we break resistant on our way to 2800.
ETH Ethereum Potential retracement soonIf you haven`t bought the recent Double Bottom on ETH:
Now Ethereum might be facing bearish pressure following the U.S. Department of Justice's (DOJ) launch of a criminal investigation into Tether, the issuer of the widely used stablecoin USDT.
According to reports from the Wall Street Journal, this investigation is led by the U.S. attorney’s office in Manhattan and focuses on potential violations of sanctions and anti-money laundering regulations.
As Tether’s USDT is a crucial component of the cryptocurrency ecosystem, widely utilized for trading and liquidity on various platforms, any negative developments regarding its regulatory compliance could have significant ramifications for Ethereum. Tether's stability and its ability to maintain its peg to the U.S. dollar are vital for many trading pairs involving Ethereum. If the investigation reveals serious issues, it could lead to a loss of confidence in USDT, prompting traders to seek safer alternatives or even pull out of the market altogether.
The ripple effects of Tether’s troubles may extend to Ethereum and other cryptocurrencies that depend on stablecoins for liquidity. A decline in USDT’s credibility could trigger panic selling, as traders rush to liquidate their positions in Ethereum and other assets, leading to increased volatility and downward pressure on prices. This scenario could particularly impact Ethereum, given its integral role in decentralized finance (DeFi), where USDT is frequently used for collateral and trading.
The scrutiny surrounding Tether may prompt regulators to cast a wider net over the cryptocurrency market, leading to increased oversight of other stablecoins and projects operating on the Ethereum network. This heightened regulatory environment could deter new investments and innovations within the Ethereum ecosystem, hindering its growth potential.
Ethereum Update After Bitcoin Hits $70,000: Are We Bullish Now? Bitcoin moved above $70,000, does this changes the map?
Is Ethereum bullish now? What to expect next?
We are looking at Ethereum on the daily timeframe and we can see that market conditions have not change one bit.
Ethereum (ETHUSDT) continues to move within a bearish flag, which is a continuation pattern, and fairly low compared to its 21-October peak price.
Bitcoin's move above 70,000 can be considered something like market manipulation, or maybe just the exchanges moving the price a little bit to liquidate over-leveraged traders and keep the collateral they deposited on said exchanges.
Whichever the case, Ethereum is not showing any new highs nor break above resistance, it remains extremely bearish and both Bitcoin and Ethereum follow the same pattern. Something is off... Nothing is off, we continue bearish on the Crypto-giants until the correction runs its course.
Thanks a lot for your continued support.
Namaste.
If you see support near 2706.15, it's time to buy
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(ETHUSDT 1M chart)
I think it needs to rise above 2706.15 to start an uptrend.
Therefore, when it shows support near 2706.15, it's time to buy.
If it falls below 2281.87, you need to be careful because you don't know how far it will fall.
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(1W chart)
The point to watch is which direction it deviates from the 2281.87-2706.15 section.
If it falls below 2118.67-2281.87, it is likely to meet the HA-Low indicator.
The HA-Low indicator is currently formed at 1340.12, but it is likely to be newly created as the price falls, so you should check the movement of the HA-Low indicator.
If it rises above 2706.15 and maintains the price, it is likely to turn into an uptrend.
Therefore, if the rise starts, you should check for support near 3265.0-3321.30 or 3438.16-3644.71.
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(1D chart)
The reason why it needs to rise above 2706.15 is because the M-Signal indicator is currently in a reverse array and the M-Signal indicator on the 1M chart is passing around 2666.70.
In order to show a continuous upward trend, the price needs to be maintained above the M-Signal indicator on the 1M chart at least.
Accordingly, the key is whether it can be supported around 2555.69, where the M-Signal indicator on the 1D chart is passing, and rise above 2706.15.
If it fails to rise, it needs to check whether there is support around 2359.35.
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The HA-High indicator on the 1D chart is formed at 3787.59.
As the price rises, it would be nice if the HA-High indicator on the 1D chart is newly generated, but if not, it is expected that a full-scale uptrend (stepwise uptrend) will begin only when it rises above 3787.59.
Accordingly, the point to watch is whether the HA-High indicator on the 1D chart falls and is generated.
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Have a good time.
Thank you.
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- Big picture
It is expected that a full-scale uptrend will begin when it rises above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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ETHUSDT - Short TradePrice swept liquidity from the inside day bar (white color) and broke a market structure.
The target will be opposite liquidity pull (Inside day bar low)
Keep it simple and consistent =)
Ethereum (ETH): Possible Breakout or Breakdown??As we mentioned previously, we are 2 sided on ETH (weekly timeframe).
Here you can see a better view of why we are in that spot, While price is trading in between those two yellow zones (support and resistance), we are waiting for a breakout or a breakdown from those zones in order to catch a downward movement or an upward movement.
Overall, on bigger timeframe as well, you can see that sellers are dominating this sideways movement and are suppressing every attempt of upward movement.
So as of now, all we can do is wait and keep a close eye on those zones.
Swallow Team
