ETHUSD SELL ANALYSIS DOUBLE TOP PATTERNHere on Ethusd price has form double top and is likely to fall so if line 3008.20 break then selling is activated and trader should go for SHORT and expect profit target of 2818.77 and 2606.08 . Use money managementShortby FrankFx142
Cycling upETH may be cycling up now in its upward parallel structure. Keep and eye on resistance levels and the boundaries of the parallel structure, cm_macd_ult_mtf indicator and RSI levels are acceptable positive. SRSI is in overbought zone. Please be careful. Have a nice day.by paper_Trader17751
Not seeing a huge upside to ETHIt looks as though a recent correction for ABC is complete with a new impulse of 5 waves just commencing. Will the 5 waves break through the upper trend line in this impulse or will they correct as it they buffet the trend line down for another short ABC and then push through the trend line in the next set of 5 waves? We have some wonderful upward lunges of late with ETH, but I'm not seeing the size and scale that we're seeing with BTC. Going long, but not aggresively. Follow for more. Longby cryptechcapital226
ETHEREUM - Is Now In A Bear Market...This video serves as a lead-up to the next major Bitcoin update. It’s designed to emphasize that the crypto market has generally been in a bear market since 2018. I say "generally" because the charts show some variation—Ethereum, for instance, only entered its bear market in 2022. In this video, I’ll explain the "how" and "why" using AriasWave, a method I developed to address the shortcomings of Elliott Wave theory. Unlike Elliott Wave, AriasWave provides a deeper understanding of the true nature of corrective patterns.08:42by AriasWave1
ETHUSD Buy signalStrong Bullish signal on ETHUSDT, We have consolidation between 3070-3250 levels. now we are on the support level, now it's time to retest resistance at 3250 level. Risk reward 1/3 Longby ilia.gobadzeUpdated 1
Etherium on high time frame I would like to discuss Ethereum in the high timeframe. As you can see on my chart, the $4,200 level is a critical zone. Previously, the price has rejected this level three times, making it a mitigated level. When the price approaches this level again, I will closely observe the candle formations. If the price breaks through this level strongly, the next target could be $10,000. --- If you have any specific areas you want to improve or further questions, feel free to ask!Longby somayehbasiri2
ETH HVF 1W about to triggerETH will outperform BTC. $15000 target on the log scale 32RRR for the current third impulse, not triggered yet, so the stop (RL3), may yet be lowerLongby Zonix1110
ETHUSD - Monthly RSI Ready to Extend Ethereum's Monthly RSI compared to BTC's shows a non extended state and I expect the RSI to move up towards the green circle. I think a lot of money will flow from BTC's large current move into smaller coins, the largest of the smaller ones being ETHUSD. ETH will lead the altcoin market run. Bullish Monthly chartLongby Bixley3
ETH parabolaBoring old ETH has been kicking rocks since forever. "ETH is dead", JUST LIKE LAST TIME. Flying under the radar smart money has been collecting coins while everyone is chasing meme coins. Old school coins are about to wake up. ETH, LTC, XRP, ADA et al. Watch for the BTC cycle pullback at $108k or there abouts. Meme gains are already clocked inLongby mnovo118
UPDATE ON ETHUSD.. Wave B is EXTENDED!Hi, I got some update on ETHUSD view, yes it is still valid the B correction is on going, BUT.. it was really way out of our 1st trading plan that predicted the consolidation of B (on the perfect channel) was just over. However, the trading plan is still the same, we are selling ETHUSD to ride the delicious wave C. Let's go!!! CHEERRRSS...!!!Shortby steveivan1
ETHUSD WEEKLYfirst off im wrong <2242 crab finishing roung 15000. the next post may/may not confirm this thesis. Thank youLongby CajunXChange115
Ethereum (ETH) Set for a Breakout as Market Momentum BuildsEthereum ( CRYPTOCAP:ETH ) appears primed for a significant breakout to the $4,500 level, fueled by bullish momentum and recent groundbreaking developments. As Bitcoin (BTC) reaches a historic all-time high of $100,000, attention is shifting towards CRYPTOCAP:ETH , often dubbed the "silver to Bitcoin's gold," indicating that the much-anticipated altcoin season may be on the horizon. Game-Changing Metamask Update A pivotal catalyst for ETH's potential surge is the new feature from MetaMask, one of the most popular decentralized exchanges (DEXs) and crypto wallets. MetaMask now allows users to swap tokens on the Ethereum network without needing ETH for gas fees. This gas fee is incorporated directly into the exchanged tokens, significantly lowering barriers to entry for traders. Previously, users needed CRYPTOCAP:ETH to pay for gas fees when swapping tokens, often hindering smaller traders and leaving profits predominantly in the hands of wealthy investors. This system discouraged many from engaging in trading on the Ethereum network, contributing to Solana's recent dominance in the memecoin landscape due to its lower fees. With this new initiative, Ethereum aims to regain market share by offering a more accessible and user-friendly experience, potentially driving an influx of activity on the network. Currently, this feature is exclusive to the MetaMask browser extension but will soon be available on its mobile app, expanding the accessibility even further. Technical Indicators Signal Bullish Potential From a technical standpoint, ETH's charts reveal promising signs. Despite a 1.73% dip at the time of writing, ETH is trading within a falling wedge pattern—a bullish formation that typically signals an imminent breakout. The Relative Strength Index (RSI) stands at 60, indicating strong buying pressure and positioning the asset firmly in bullish territory. Additionally, CRYPTOCAP:ETH remains above key moving averages, suggesting that upward momentum is building. Notably, CRYPTOCAP:ETH briefly broke above the falling trend channel earlier, signaling the beginning of a potential bullish renaissance. While this move was short-lived, largely due to trading volume being siphoned into BTC, the broader market conditions will favor altcoins in the coming weeks. If Bitcoin's dominance stabilizes, the altcoin season could see CRYPTOCAP:ETH soaring past $4,500 and beyond. A New Era for Ethereum This combination of fundamental advancements and technical strength positions Ethereum for a potentially explosive rally. The reduced gas fee burden will attract more traders to the network, increasing transaction volume and demand for $ETH. Coupled with the broader market rally, this development could mark a turning point for Ethereum ( CRYPTOCAP:ETH ), setting it up to challenge new highs. As the crypto market evolves, Ethereum's adaptability and innovations like those from MetaMask ensure it remains at the forefront. With the stage set, all eyes are on ETH's next big move—potentially reaching the $4,500 mark and beyond in the near future.Longby DEXWireNews225
ETH's move from $2400 to $3400ETH is up 40% in November. The entire crypto market has rallied aggressively on the back of Trump's presidential election. Ethereum recently announced a new five-year roadmap, which has many optimistic about its future. by Crypt0Skier0
#ETH/USDT Ready to take off upwards#ETH The price is moving in a descending channel on the 1-hour frame and sticking to it well We have a bounce from the lower limit of the descending channel, this support is at 3070 We have a downtrend, the RSI indicator is about to break, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 3120 First target 3160 Second target 3200 Third target 3240 Longby CryptoAnalystSignalUpdated 1113
ETH updateAs seen here ETH has many Levels in upside direction. BUT, again, Only: Step-by-Step (one after another) Good Luck!Longby sunmikee2
BB, the correct way of usage - Part OneLike EMA, Bollinger Bands are famous indicators that can be used to analyze the market. We discussed the current usage of EMA in parts One , Two , and Three , and we will continue to do so. Now, let's talk about BB. In ARZ Trading System, we have a specific rule for this indicator, to find the best spot to enter the market. - BB settings: 20 period, 2 deviation. BB meaning: 1. When its bands are converging, we are close to a breakout. We have to consider MC boxes and EMAs to analyze what direction it might break out. 2. When diverging, we are in a breakout. If price movement continues and still we see the bands diverging, we are still in breakout mode. 3. When bands are flat, we are in a ranging market. In our system, the best place for entering into a reversal position is when at the same time, the price has touched MC ( what is MC? ) and BB levels, just as follows: - The MC candle is shown. we expect the market to retrace after reaching the UTP level. - After breaking the UTP level in candle #1, the price couldn't cross and close and retraced in #2 inside the UTP area. So, MC is still valid. - From #2 to #3 we have no reason to trade upward. - In #3 the price has touched both LTP level and BB. So, we look for a buy position. - in #4 we analyze the market as a seller. Because the price has touched both the support of MC and BB. - in #5 again we see a similar situation as #3, so we are buyers. - in #6, the price couldn't cross and close after the breakout candle, so MC is still valid.Educationby forexise114
ETHUSD Short-Term Analysis for 16/11/2024Disclaimer: This analysis is for informational purposes only and should not be considered as investment advice. Cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. Always consult multiple sources and conduct thorough research before making trading decisions. Time Frame: 1-hour Market Analysis: Following our previous analysis, the market remains in a consolidation phase. Although the price bounced off the Demand. However, it lacks impulsive momentum, indicating the correction phase persists. However, once the price crosses the daily Point of Control (POC) and it transitions into a support level at 3,188.86, the price is likely to surge significantly upward. Alternative Scenario: On the other hand, If price dips below invalidation level at 3,014.0 This would warrant caution, as it increases the likelihood of continued downward momentum to retest a weekly point of control at 2,908.64 - 2,850.0 Key Levels: Res:3,6300.00 - 3,700.00 Poc:3188.66 Support: 2908.64 - 2,850.0 Invalidation: 3,014.00 lower support: 2,781.26 - 2,704.0 Trading Bias: The market remains in consolidation, having absorbed inducements. Additional support is added at level 3014.0. The volume is low. If the price slips below the invalidation point, the bullish narrative would be compromised, potentially triggering a reversal. by avatarfreakUpdated 3
EthereumEthereum (ETH) trades near $3,040 on Wednesday as on-chain data reveals a mix of capitulation and profit-taking among long-term holders. The selling pressure stems from investors potentially rotating into other better-performing altcoins in the past week.Ethereum investors could be rotating into other alts On-chain data shows that Ethereum is facing rising selling pressure after investors realized losses of $141.3 million on Tuesday — their highest since September 10. On the other hand, a few investors also sold in the past few hours to book profits of about $230 million.The ETH Age Consumed metric, which tracks the movement of previously idle ETH tokens, also saw notable spikes in the past two days, indicating most of the recent selling activity is potentially from long-term holders. The chart below, which shows ETH's mean coin age across several age bands, reveals that most of the selling activity comes from coins within the one to three-year cohort.Shortby KingForex078113
Unpacking Ethereum's Surge: What's Driving the $3.3K Breakout?Ethereum, the second-largest cryptocurrency by market capitalization, has seen a remarkable surge in recent days, surpassing the $3,300 mark. This significant price increase has sparked widespread interest and speculation among analysts and investors alike. What's Driving Ethereum's Rally? Several factors are contributing to Ethereum's bullish momentum: 1. Anticipation for Shanghai Upgrade: The highly anticipated Shanghai upgrade, scheduled for early 2024, is expected to unlock staked ETH. This event could lead to increased market liquidity and potentially fuel further price appreciation. 2. Growing DeFi Ecosystem: Ethereum's robust decentralized finance (DeFi) ecosystem continues to expand, attracting a growing number of users and developers. As more applications and protocols are built on the Ethereum network, the demand for ETH is likely to increase. 3. Institutional Adoption: Institutional investors are increasingly recognizing the potential of Ethereum as a valuable asset. As more traditional financial institutions allocate capital to cryptocurrencies, Ethereum is likely to benefit from increased institutional demand. 4. Positive Market Sentiment: The overall positive sentiment in the cryptocurrency market, coupled with a broader economic recovery, has contributed to Ethereum's price surge. A Ticking Time Bomb? Derivatives Metrics Explode to Record Highs While Ethereum's price action has been impressive, some analysts are raising concerns about the potential risks associated with the growing derivatives market. Open interest in Ethereum futures and options has reached record highs, indicating significant speculative activity. A sudden market downturn or liquidation event could trigger a cascade of liquidations, potentially leading to significant price volatility. Additionally, the increasing leverage employed by traders can amplify both gains and losses. Analyst Perspectives Analysts have offered diverse opinions on Ethereum's future trajectory: • Bullish Outlook: Some analysts believe that Ethereum's long-term potential remains strong, driven by its robust fundamentals and growing ecosystem. They anticipate further price appreciation, especially as the Shanghai upgrade approaches. • Cautious Optimism: Other analysts are more cautious, highlighting the risks associated with the derivatives market and the potential for a market correction. They suggest that investors should exercise prudence and manage their risk exposure. The Road Ahead for Ethereum Ethereum's future trajectory will depend on a variety of factors, including the success of the Shanghai upgrade, the overall health of the cryptocurrency market, and regulatory developments. While the recent price surge is undoubtedly exciting, it is essential to maintain a balanced perspective and be aware of the potential risks involved. As Ethereum continues to evolve and mature, it will be interesting to see how it navigates the challenges and opportunities that lie ahead. by bryandowningqln1
Ethereum - Buy It Now Or Never!Ethereum ( BITSTAMP:ETHUSD ) will offer a final retest: Click chart above to see the detailed analysis👆🏻 Ethereum is about to retest a perfect confluence of support from which a bullish reversal is almost certain. Following the overall bullish trend, Ethereum should retest the previous all time high next and then maybe even follow Bitcoin and create new all time highs going into 2025. Levels to watch: $2.000 Keep your long term vision, Philip (BasicTrading)Long03:04by basictradingtvUpdated 3636154
$ETH going to outperform? $4.4k first targetEth looks extremely bullish and it's about the time that is going to explode First target around $4500 Then from there we can also arrive to $7k and a top around $13/14k Longby BizzarTrading1114
ETH USD UpdateSo Month Later Price has filled orders and finally got going, easy 50% Spot gain profits are ahead of us, happy cruising!Longby themarketknight2
ETH putting up a Flag?ETH is forming a bull flag on the daily, RSI levels are healthy, please wait until day candle is finish printing to confirm any breakout, break out in any direction is pivotal. ETH is also above 50 EMA. Be very carefulby paper_Trader17751