ETHEREUM ON CLEAR RISEExcellent Time To Buy Ethereum For The Long Term. We will wait for it to enter our point of interest before searching for a long entryLongby wk70660
ETH - Short to 2,800ETH - Short-term Bearish from 3,120, especially if BTC does not maintain 63k on the daily candle close. MACD has some sellers with a slight bullish divergence in the neutral zone, heading to oversold but we are not there yet. Fear and Greed index shows we still have not reached the peak fear zone. I think we might see continued selling until 2,786 to 2,804 area before we see a reversal. I'd like to see ETH hold above 2,800 on the Sunday candle close for invalidation of the short. ETH still in danger of a death cross on the daily in the next few days if it doesn't catch a strong bid, or a bid off the next support.Shortby DClayton0
Ethereum 2nd Test on our demand zoneEthereum decided not to continue with the trend but to conduct a second test before the rally. This pattern is very natural when the market breaks a channel and seeks equilibrium points in demand zones. Our plan remains in place. Remember that markets need to make pauses or retests before taking action. Additionally, we must consider that markets, in general, have been bearish—we are in a bear market. However, the points of interest I have marked are based on historical prices and significant liquidity, so we can expect aggressive movements once the price reaches the indicated zones. Thank you for your support, and don't fear these bear markets; on the contrary, we should average in and take advantage of the opportunities they offer us. RegardsLongby RocketMike1112
Eth enters the demand area very strongETH in a strong request area, the probability of reaching $ 3600, which represents a reflection of the ABCD Model.by Tegdz0
ETH morning Retest back to recent level *I am in no way a financial advisor and you should always do your own due diligence before placing any trade. Do not trade what you are not comfortable with losing. No trade is guaranteed. ETH. Has recently broken a level of small support , price should return back to level of structure broken which is now resistance and push back to downside. 3-5% risk management Market execution ( 2992) TP 3130 SL 2983 Longby l2xinvestors2
#ETH buy zone be ready to catch it.#ETH buy zone be ready to catch it, i think chart saying everything Longby ARCHREX119
ETHEREUM STRONG SUPPORT AHEAD|LONG| ✅ETHEREUM will soon retest a key support level of 2,800$ So I think that the pair will make a rebound And go up to retest the supply level above at 2,880$ LONG🚀 ✅Like and subscribe to never miss a new idea!✅Longby ProSignalsFx111
ETHUSDT Bullish Corrections: Heading Towards $3121Analysis: Following recent market developments, ETHUSDT is showing signs of bullish corrections. The price has been correcting from the $2950 price region and is now making its way towards the $3121 price point. Key Points: Market Developments: Recent positive developments have sparked renewed interest and confidence in Ethereum (ETH), leading to increased buying pressure. NFP Impact: The Non-Farm Payroll (NFP) report released today significantly affected the market. As a result, we observed a Bitcoin price drop, which caused traders to panic sell across the crypto market. Despite this, ETHUSDT is demonstrating resilience and a bullish correction. Support Level: The $2950 region has shown strong support, acting as a solid foundation for the current upward movement. Target: Based on current market momentum and technical indicators, the next significant resistance level appears to be around $3121. Technical Indicators: Moving Averages: The 50-day and 200-day moving averages are converging, indicating potential for a bullish crossover. Relative Strength Index (RSI): Currently trending upwards, suggesting increasing buying momentum. Volume: There has been a noticeable uptick in trading volume, supporting the bullish outlook. Conclusion: With the support at $2950 holding strong and the market reacting positively to recent developments, ETHUSDT is poised for a move towards $3121. The market's response to the NFP report, causing a Bitcoin price drop and subsequent panic selling, adds an extra layer of volatility to monitor. Traders should watch for potential pullbacks and confirm the uptrend with volume and momentum indicators. Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always do your own research before making any trading decisions. Longby TheLastLuftwaffe0
(ETH) ethereumindicator look at the Ethereum price. The green line trend represents a price headed to higher prices when the green line touches down. The green line is touching the 0 horizon. There are many different indicators to determine positive or negative directions. These indicators give a potential positive outlook. Price of ethereum should retain some surmountable levels considering the hype and logical phase of ETH ETF. Ethereum did not go through a halving like Bitcoin therefore the future price of Ethereum is much more leading or telling based on history one might suppose. Longby CryptocurrencyBlot1
Ethereum Keltner Channel 👀ETH reached local resistance in the form of the red zone of the channel, faster than the last cycle. What does this tell us? The consolidation before the next move may be longer. 🤔Most will say that ETH has not reached ATH yet, so it should go up right now, I can say that ETH mostly lags in taking past highs and does it sometime after that like Bitcoin did. 💡And the phase of more active growth is at the end of the cycle, so be patient and the market will thank you with a profit.Shortby FeelsStrategyUpdated 7
ETHUSD Potential Bullish GartleyOn the daily chart, ETHUSD has a short-term shock and retreat, and the bearish trend is dominant. The current market is expected to fall further, with the downward target looking at around 2970. When the market reaches around 2970, you can pay attention to the potential bullish Gartley pattern.Longby XTrendSpeed2
ETH(based on NEo wave)two scenarios for eth is: 1:triangle that the last wave is E and this correction is the last wave of that and it will start to goes up. 2:the bow tie pattern that has more corrective waves.Longby amazedLeader19980
Same Pattern Repeat Last YearLast Year(2023) ETHUSD created two stage drop parallel pattern(Red) from Apr. to Sep. (lasting for 6 months). This year(2024) ETHUSD seems repeat the same pattern. If it is in this case, Maybe it will ending this pattern around August for the same half year period. Last year After two stage drop parallel pattern, ETHUSD breakup the drop resistance at around the end of Sep 2023 and beginning of Oct 2023. If the pattern same, then accumulation period is estimated around 2 months. Let's observe its development. Longby BMYWinUpdated 15155
ETHUSD - Washout watchSimilar to the BTC chart, watching ETH though this one a little cleaner with more downside potentialby ZenTrader108663
ETH - Neutral to BullishETH - Neutral to bullish. I'm expecting some choppy sideways action until the ETF's get rolling. A good buy point for new entrants into this trade would be at 2816. I'm thinking if we get to that point, that will be the turnaround for a nice hard move up as ETF's are still selling right now. ETH can very well hold at this level too, since we are at key MA's before continuing upward but we can easily hold around 3,200 as well based on MA's and the trend. So short term, I can see a normal pullback and if that happens, I'll be looking for a nice "W" pattern to play out. I'll be looking for TP levels of 3,900 to 4,000 and timeline would be weeks to months on this one. Invalidation would be if we do not hold around the 2,800 level.by DClaytonUpdated 3
ETHUSD#ETHUSD - H1 Analysis 📣 On the 1-hour timeframe, we anticipate that breaking the resistance level of the consolidation pattern around 3380 could pave the way for a price increase up to the 3550 level. ⛔️ Stop Loss: 3200 Conversely, if the support level around 3240 is broken, we could expect a potential decline in price towards the 3100 level. ⛔️ Stop Loss: 3380by FXSMARTTUpdated 2
EthUsd Possible sell continuationPrice on a downtrend, after CHOCH on the 4hr. price heading to a sell zone for possible sell continuation. Remember : Risk Management Very ImportantShortby habinelUpdated 10
Targets for Ethereum: 10k-20k Based on Coinbase Orders and FiboFor Ethereum, I believe the approximate targets could be 10k-20k based on Coinbase orders and the 1.618 Fibonacci level. I think greater growth might come from Ethereum's L2 solutions, specifically Arbitrum, Optimism, and zkSync. Longby UnknownUnicorn285026Updated 228
eth,long,White line support.The local downward target happens to be supported by the white line, which is the upper boundary of the oscillation range.Longby trade16381
feeling the vibes man. ETH to Moonjust the vibes. I feel like this is going to get going soon. did well in the past. Longby imdying110
Eth to 3.8-4k before end of yearTest recent lows and break ath. Will follow BTC price action and use new ETFs to boost volumeLongby julian007garcia0
Less is more...If you don't know me, I have been a trader a very long time. Nearly 25 years to be exact. Over the years, I have spent a lot of time studying a wide array of techniques, tools, patterns and market sentiment. Lucky enough, the markets have also been very kind to me. I've been fortunate enough to have two trading books published by large traditional publishing companies. So it's safe to say, I live and breathe trading. I am going to do a series of posts here covering a couple of key educational topics - starting with Elliott Wave theory. When it comes to Elliott Wave theory, there seems to be a love hate relationship for many people. Some get it, some see it as not relevant. To be honest, both are correct. Now before you jump on the high horse "it doesn't work for crypto" - let me start by saying, this is not a lesson on how to use Elliott Theory. I covered that in these posts below; And step two; In terms of using Elliott, it's not as simple as trying to figure out each and every move. (this is often why, it does not work.) Instead the benefit of Elliott, is to accept it as a bias tool that aids in understanding the current market sentiment. We often see posts online about things like the Wall Street cheat sheet. I also covered this in another post here on @TradingView Where the theory has any real value, is simply to obtain a bias. The market is always searching for liquidity. In order to obtain liquidity, the market needs to attract players for the game. Now, you have probably entered a trade and felt almost immediately that the market has pushed against you, it's out to get you and the brokers are playing 1 vs 1 against you. This is where sentiment really comes in. As a retail trader you have likely been exposed to tools such as RSI, MACD or even dabbled with Elliott and Wyckoff. But the reason the market does, what the market does, is not to get you as an individual, instead it's there to collect liquidity from a crowd. Elliott wave theory isn't a technical tool, it's a sentiment tool. So instead of trying to guess every internal and nested swing, you can make an awful lot of money by simply giving a directional bias. I wrote an article in 2021 here - About the emotions, I used the Simpsons to get the point across. The general idea is to understand where liquidity is likely to be and use that to make informed trading decisions. If you have any specific questions, even topics you would like covered, leave a comment below. I'll add to this in another post as part of this series. Stay safe and wish you all the best. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.Educationby Mayfair_Ventures16
eth long so easy Purple red upward channel, the lower boundary support position begins to rise, at least reaching the upper boundaryLongby trade1638114