ETH still lacks strength. ETH is back below support and 4HR 50MA, trading around $2.3k. Reclaiming 50/200MA and $2.4k would signal strength. Bearish target is $2k - $2.1k, if $2.25k is lost.
ETHUSD.P trade ideas
ETH still on liquidity zone we need volume & Buying Pressure ! Ethereum is still in a bearish market. It had a very small upward movement, lasting maybe 2 or 3 days, but it continues to show an overall bearish trend.
The only thing I can detect here is that we are still in a liquidity zone. However, there hasn't been enough volume for Bitcoin to gain strength and break the bearish channel.
That’s the key! ETH needs to break the resistance of the bearish channel, but it's still in the liquidity zone. Let’s hope to see candles with buying pressure this week, as this would indicate that ETH is ready to take off. But for now, it's just a matter of watching its movement.
Best regards.
Bearish Ethereum Outlook: Key Support Levels to WatchWe've shifted our focus back to Ethereum, where on the daily chart, we can see ETH moving within a rising channel. This channel is bearish, as we've seen on the chart. I expect it to drop to $2,118, and if that support level doesn't hold, the next support is around $1,934. Heading into next week, it looks like things could get rough. Thanks a lot, and don't forget to hit that like button!
ETHUSD: Move Up Expected! Buy!
Welcome to our daily ETHUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 2,436.7
Wish you good luck in trading to you all!
Successful cancellation of seasonal salesAs we approach the quarter change, I want to review the market situation once again. September is seasonally a month of sales, but at the end of August, the bulls did not show activity with a hike to 3000, allowing the price to slide to work out bearish goals at the 2000 retest. The signals for the 3000+ rest remained unprocessed. The picture is similar to a game of giveaway to safely extinguish seasonal sales at the expense of unprocessed goals from above. I think this scenario will increase the confidence and activity of buyers with seasonal growth in October. At the moment, I expect the flat to continue in the range of 2250-2750 before the opening of the new quarter. The probability of smooth growth prevails in order to return to the 3000-3250 range against the background of an attempt to reverse the semi-annual candle in the new quarter. The reason for a new test of 2000 before the end of the month can only be a new strong wave of strengthening of the dollar, but this did not happen even after the ECB rate cut. The opening level of the last quarter will have a strong impact on the market dynamics at the end of the year. An opening above 2500 will be enough to support purchases until the end of the year with the trend continuing at the beginning of the new year.
To date, given the market situation, I am leaving all positions in operation, I have reduced only the position on quick, because the price has approached a fairly strong resistance at 0.06 and judging by the monthly chart, the probability of a retest of 0.035-40 prevails before continuing to grow to 0.075-90 and above in the new quarter.
GFT and og remain the most reliable and liquid tools for storing funds as an alternative to quick. Together with them, Vib has less liquidity, but it is also well suited for this task because it is one of the most oversold coins without a monitoring tag.
Also, without the monitoring tag, pros and ast remain the most oversold coins on binance, which double-check loy due to incomplete issuance, creating interesting entry points, but also giving more abrupt disruptions against the background of a general market decline. For pros, with the current issue, the target remains a retest of 0.75-1.0, for ast, a retest of 0.150-175.
The most oversold and low-liquid coins with a monitoring tag, which gives rise to sharp breakouts, remained ooki and oax with targets up to 3X at least.
ETHUSD: Bouncing back to ATH | 57.50% Probability!I'm currently bullish on Ethereum (ETH) due to several key fundamentals aligning with this bias:
1. Upcoming network upgrades: The Ethereum ecosystem is preparing for the Cancun-Deneb upgrade, which is expected to improve network efficiency and scalability.
2. Institutional interest: There's growing interest from institutional investors in Ethereum, potentially driving increased demand and price appreciation.
3. DeFi and NFT growth: The continued expansion of decentralized finance (DeFi) applications and the NFT market on Ethereum contributes to its utility and value proposition.
4. Potential ETF approval: The possibility of Ethereum ETFs being approved could open up new avenues for investment and liquidity.
5.Technical indicators: Recent price action suggests a potential bullish breakout, with support levels holding strong.
To capitalize on this bullish outlook, I'm employing a probability-based approach for entering long positions.
2W:
1H:
57.50% probability, reaching ATH!
ETHUSD: Move Down Expected! Sell!
Welcome to our daily ETHUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 2,388.8
Wish you good luck in trading to you all!
ETHUSD View!!Stablecoin issuer Circle is moving its global headquarters to New York City, ahead of the firm’s planned Initial Public Offering (IPO).
Circle, the issuer of the world’s second-largest stablecoin USDC
USDCUSD
, is moving into “one of the top floors of 1 World Trade Center.”
The move was announced by Jeremy Allaire, the co-founder and CEO of Circle, who wrote in a Sept. 13 X post:
“We are moving our Global HQ to New York City, building out a flagship space on one of the top floors of 1 World Trade Center, a historically important landmark in standing for American global economic leadership”
ETHUSD - Traingular Break out plus Cup and Handle PatternETHUSD printed bullish divergence on MACD and then formed cup and handle pattern with in converging triangle. Price broke out of the triangle pattern and will now likely retest the support zone aligned with vital 0.618 -0.786 fib zone. Scenario seems bullish.
ETHUSDCurrently looking at this set up
With the bos.
Weekly candle weak though
Volume coming in though!
Ethereum Price Predictions. 3500 in November (post election)Using Fibonacci and lower support lines I'm seeing something like this playing out. Ethereum bounces around above the lower support until November and then picks back to 3360-3600 after Trump's elected. From there I think we move sideways some more, but shortly after reach a new ATH around 5150.
Basing some of this on ETH's underperformance compared to BTC, yet nearly all the crypto development this year seems to have been centered around Ethereum. Also I recall BTC value dropped significantly shortly after the ETF's opened in January and now something similar has happened with ETH. Anticipating significant increased ETF inflows considering how undervalued it is and as rate cuts take effect.
Let me know your thoughts!
ETH/USD "Ethereum" Market Robbery Plan on Bullish SideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist ETH/USD "Ethereum" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan.....
Ethereum Progression On Point!We've been watching this progression happen and there is no surprise about this breakout of our strong selling orange - we disproved orange by holding red - and that's what is "allowing" this breakout of orange to happen.
Stay tuned for further analysis and keep watching for this progression on all charts and all timeframes!
Have a great weekend all and
Happy Trading :)
ETHUSDPair : ETHUSD ( Ethereum / U.S Dollar )
Description :
Bullish Channel as an Corrective Pattern in Short Time Frame
RSI - Divergence
Break of Structure
Completed " 12345 " Impulsive Waves
Demand Zone
