Final leg of the diametricAfter g of the diametric as b of the higher degree possible triangle, c of the triangle will form until the end of January.
ETHUSD.P trade ideas
Falling towards pullback support?Ethereum (ETH/USD) is falling towards the pivot which is a pullback support and could bounce to the 38.2% Fibonacci resistance.
Pivot: 3,314.10
1st Support: 3,213.30
1st Resistance: 3,501.74
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Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Clear bullish divergence on eth 1hrThis trade is free money, longing with 10x leverage. Clear setup
Pt- 3500
SL- 3336.45
Eth update I see a potential wick down within the next 24h.
Just a heads up for my followers you can get a nice buying opportunity.
Eth update I see a potential wick down within the next 24h.
Just a heads up for my followers you can get a nice buying opportunity.
Get the popcorn, juicy fractalSo I have that feeling we are doing something we already saw.
I can see some pattern fitting the narrative, now you press play, watch and see.
If you want to get in it's quite risky when I write this, you'd better wait for oscillators to reload or get a 4hr / daily green for a chance to jump the train.
GL
This is inverted chart
ETH needs to test the 200MA before moving upWhile BTC nees to test the demand zone with ETH it's a little different.
ETH tends to make a double pinbar on the 200 MA, combined with that the demand zone is also pierced.
So arround 2800$ and then we will move up again
ETH ROAD TO 3,400This chart represents Ethereum (ETH/USD) on the 4-hour timeframe, showing a clear ascending channel. After a significant bullish movement, the price has reached a resistance zone near $3,833.51 and is showing signs of potential rejection. The chart outlines a short trade setup with a target near the $3,524.19 and $3,417.95 support zones.
Key Levels:
Resistance: $3,833.51
Current price zone: $3,745.95 (potential pivot)
Support zones: $3,524.19 and $3,417.95
Fundamental Note: Ethereum's performance could be influenced by overall crypto market sentiment, regulatory updates, or advancements in blockchain technology, particularly related to network upgrades or institutional adoption trends.
$ETH.X >> 4 Hr. Chart Update >>$ETH.X >> 4 Hr. Chart >.
Notice how $ETH.X failed to turn the 3694 level into support
Hit my target that was posted a few days ago and stalled
Now below the 50 SMA @ 3508 signaling downside risk
Has to be above the 50 SMA for the bulls to be in control
The 3500 support level broke intraday
If the 3412 top of previous sideways channel fails to turn into support the bottom of that channel at 3325 is the next target
Indications of the market reverseThis is not that much obvious, but I think we have an ending diagonal on ETH here. Which, in turn, a failure. Each green wave in it is comprised on corrections, not impulses. Which indicated on possible huge downward movement.
Etherium Long IdeaWaiting for ETH to comeback to key demand. With the inauguration on the 20th, we may see a pullback into demand before the next waves higher. Will wait for bullish 4hr candle for confirmation from the demand zone.
ETH | FRACTAL ATH $6000 | Bitcoin Overlay I'm still anticipating the new Ethereum All Time High .
I just don't believe that BTC will make such a climb and ETH stays behind - it hasn't happened before, I don't believe it will happen this time.
What has happened before, is an interesting topic - ETH usually makes its ATH AFTER the BTC rally, about when the cycle comes to an end. We see this playout during the past two peaks. Ethereum stays fairly low beneath it's own previous ATH , and shoots out above BTC just when the cycle ends.
Using a fractal form the previous cycle, this puts an interesting target on ETH.
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COINBASE:BTCUSD COINBASE:ETHUSD
Eth scenario 1.1.2025At the moment I have this on eth that since the market is probably looking for some place of reaction from where the price could fly to a new ATH on the way up, we have a lot of unselected liquidity so we'll see, I'm waiting for confirmation for now
this time is different? As observed, ETH has been rallying since the beginning of November 2024, starting from the breakout at $2800 and rising all the way to $4090.
It encountered resistance at the March 2024 level and retraced.
After consolidating for weeks within the $3200 - $3600 range, the price has recently broken above $3600 and recovered above the 20 and 50 MAs.
It seems the market has built new momentum and is now poised to test the $4090 level, with the potential to break above it
Could the Bitcoin drop from here?The price is reacting off the pivot which acts as a pullback resistance that aligns with the 61.8% Fibonacci retracement and could drop to the 1st support.
Pivot: 3,718.97
1st Support: 3,524.81
1st Resistance: 3,834.79
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
$ETH.X >> 4 Hr. Chart >> TA Update $ETH.X >> 4 Hr. Chart >>
3694 is still the key next level to break and turn into support
Bullish Above
Possible consolidation below
