Eth to fall even more to $3070 todayJust entered #eth short Target $3070 area Eth looks to be moving towards prior weekly resistance level to flip as support. Since it hasn't shown any major sign of a bounce yet. Shortby FilnftUpdated 5
Eth after Ethereumetfs#ETH Analysis Ethereum Dumped 15% after #EthereumETFs goes live Breakdown of current support ($3056) will lead it to $2810 again Otherwise, All set to raid a new highby OfficialCryptoTraders2
Short term 2.2R ETHUSDTI'm betting on this quick bounce on ETH , once it gets to the green area I will reasses and look for a potential short Daily has touched my support levels and the 100 SMMA , so should see a bounce here. ( see ss in the comments ) I'll give this trade a 3/5 score success chance , as the drop was pretty abrubtLongby NineDragonsVentureUpdated 1
ETHUSDT LongBased on the previous analysis, I anticipate that the bullish momentum will continue.Entry price at 3220, SL at 3000 and Tp at 3800 The R:R for this trade is 1 : 2.6 Longby Vapari_IncUpdated 224
Market Response After the Launch of ETFsComparing Bitcoin and Ethereum Charts After ETF Launch. Bitcoin's price dropped 20% after the ETF launch. We can expect a similar drop in ETH before it goes up. ETH price has already dropped 11% after the ETF launch, and we can expect the bearish move to continue for the next few days before we see a bullish move. A good buying opportunity is expected once ETH experiences a 15-20% correction. Regards Hexaby HexaTrades7
#ETH reaches the buying zone. Starting to rebound?📊#ETH reaches the buying zone. Starting to rebound❓ 🧠 From a structural point of view, the goals of the double top short structure have been achieved. The price is currently in the buying zone and support zone, so we need to be alert to the occurrence of a rebound.⚠️ At the same time, we have also closed all the short orders in our hands. Congratulations to the friends who followed Wolf King to print money and obtained a return of 700%+. 🍻💰 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯 BITGET:ETHUSDT.P Longby wolf_king8883
Ethereum Trend Contracting FanEthereum trend contraction fan, the main target is the upper white line resistance, the key target is the lower white line supportby ZhongBenCong0012
ETH Prediction: Bears Dominate as Key Support Levels LoomETH continues to struggle as it grapples with significant resistance and support levels on the 4-hour chart. With a closing price of $3,160.39, the cryptocurrency shows signs of bearish momentum as it hovers near critical support levels. Currently, ETH is trading near the $3,180.53 mark, a crucial resistance level that it must surpass to regain bullish traction. The next significant resistance levels are at $3,408.08 and $3,419.6. However, Ethereum faces substantial downward pressure, and the support levels to watch are at $3,086.91, $3,077.2, and $3,070.0. A breach below these support levels could trigger further declines. Technical indicators present a bearish outlook. The 9 EMA (Exponential Moving Average) is trending below the 20 EMA, indicating a downtrend. The MACD (Moving Average Convergence Divergence) histogram is consistently negative, signaling sustained bearish momentum. Meanwhile, the MACD line is significantly below the signal line, further confirming the downtrend. The RSI (Relative Strength Index) remains below 30, suggesting that ETH is in oversold territory. This could indicate a potential for a short-term rebound, but the overall sentiment remains bearish. For traders considering entry and exit points, the current market conditions suggest caution. For short trades, entering around the $3,180.53 resistance level could be favorable, with potential exit points at the support levels of $3,086.91 and $3,077.2. Conversely, if the Ethereum price shows signs of a reversal and breaks above $3,180.53, long positions could be considered, targeting the resistance levels at $3,408.08 and $3,419.6. Shortby Ecoinimist0
ETH daily elliot waveETH daily chart complete 12345 elliot wave, its going to make abc.Shortby RiceCooking0
ETH daily is at risk to go $2800ETH daily is at risk to go $2800, this going to mark bearish season on ETH daily chartShortby RiceCooking0
Spot ether ETFs price action?Hi there! Big picture looks bullish with high probability triangle or flag formation Check the closer look here We have a nice dump last two days after Spot ether ETFs trading begins and price is close at high probability long entry level. Sure, much depend on BTC next movement also, but it can be a good short-term opportunity target is the upper triangle trend line! Good luck tradersLongby tommyboxfxUpdated 1
ETHERIUM LOOKING EYES WIDE OPEN Dear Friends , I offer you a High Time Frame vision for ETH . Simplicity is the BEST. No overtrading fatigue. Higher win rate . Look entries HTF Résistance and support ,Supply and Demand Happy and profitable trades. Best Regardsby Deniz75642
ETH July 18, 2024: A New Entry Point At MA-50Together with BINANCE:BTCUSDT , on July 15, BINANCE:ETHUSDT closed above its MA-50 for the first time since June 23, 2024. During the last 3 days, it was trading around this moving average and currently still keep holding above it. I started to open a new position with BINANCE:ETHUSD here with a stop loss below the MA-50.Longby longsonvnUpdated 2
ETH analysis (4H)Ethereum has reached a valid supply, it is expected that this supply will reject the price towards the targets. The targets are clear on the chart. A liquidity pool is forming below the price, which is expected to break soon. Closing a daily candle above the invalidation level will violate this analysis and view. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You Shortby behdarkUpdated 4424
Ethereum — The Bearish Case We Wanted To AvoidWe discussed just yesterday that Ethereum's short-term chart contains a couple of bearish signs. Unfortunately, they played out mercilessly today, and ETH broke through a couple of support areas. Let's take a look and discuss what's needed to return to the bullish path. 1 - Within a couple of hours, ETH broke three support lines. It started with the upper cloud line and was followed by a break out of the cloud and the break of the 3,300 support. Logically, this was followed by a sharp dip. 2 - Currently, the previous cloud level at ~3,200 provides some support. However, we have to consider this intermediate support only. 3 - In addition to the bearish signs, the future Ichimoku cloud has turned red, indicating an upcoming bearish trend. 4 - Finally, the price also broke below the EMA200 on the 4H chart is holding only slightly above this crucial line on the daily chart. Way Forward It looks like the "sell-the-news" scenario will play out, and we will encounter a sell-off before we continue higher. In the long run, nothing has changed from my perspective. We are still all set for 4k during the next weeks. However, in the short term, we might experience more blood and dive down to the 2,8k level. At the same time, the 2,8k level must hold!Shortby ben_walther4
ETH ETH on the 4 hour is breaking down. This is a good place to take a short position. Shortby XTradeSetup0
ETH - on the brink of catapulting to USD 8.000ETH has waited long enough And will reclaim its power USD 40,000 isn't inconceivable ETH ETF inflows + Strong market fundamentals Institutional interest surging Layer 2 solutions scaling up DeFi ecosystem expanding rapidly Ethereum 2.0 improvements boosting scalability and security Growing adoption of smart contracts NFTs driving demand on the Ethereum blockchain Increased integration with traditional finance systems Heightened developer activity and innovation Positive regulatory developments These factors combined could propel ETH to new heights, making USD 40,000 a realistic target in the foreseeable future.Longby Aroundthesun0
ETH wait for 3000 for buy/longCMP the price at eth is going side ways incase the price starts making lower low and lower high on daily time frame, then follow the structure and wait for change of trend at the zone of 3000 where we have a order block and we can if we see impulsive move towards it will be target for 4250Longby Jimmy_RebelloUpdated 3314
Eth to $4000...Today!As mentioned in my linked post to this below Eth could go to $4000 this week. I think today the 23rd it will make an attempt, the rumored day of eth trading. Targets: Trade target 1 $3860 book 75% Trade target 2 $4000 close (As usual will look to close out target manually so will keep TP open. If momentum is strong which I think it will be, it might just zip to 4k but urgency to take profit from $3860 should be exercised.) I anticipated that it would happen before hand but it shifted temporary bearish on 1hr and 4hr along with bitcoin. Then surprising in just a few hrs early this morning it shifted back bullish and now holding above $3500 resistance area, that took a lot of volume. Get Ready This could pop any moment. Already seen signs of whale activity but need a bit more confirmation that the current correction on the 1hr tf is over before entering. Stop loss Main invalidation base on 1hr is below $3435 area but I'll be looking to get my stop below the next potential HL that it will form now somewhere around $3480 or lower it depends on how the price action and market structure develops . Reward Could be a 14-20 RR move. I'll size up a little bit, not too much , just a little above normal risk. Mindset Even though this could turn out to be a big opportunity its only a probable outcome , an edge not a guarantee outcome, keep risk the same or close to normal risk. Can always lose either through invalidation or just spikes. Keep emotion under control by sticking with the plan. I'll post when I enter the trade. It will likely be soon and it could pop so turn notification on if anyone wants to see when I enter. Though you should be prepare to make a decision as I might not be fast enough to update, just don't act impulsely. Preferrable in this scenario you want to get a HL/double bottom type of structure on the 15 min tf or an engulf candle on 30 min-1hr tf with volume.Longby FilnftUpdated 9925
#Ethereum Update:Today was the first day ETH ETFs were traded. The price of ETH is now correcting because this news is already known and has become just a formality. What’s important about these ETFs are the volumes, which in the case of the #BTCETF approval initially put selling pressure on the market, followed by a larger upward movement. I have two scenarios for this 1-day (1D) timeframe: 🟢 Green Scenario (Bullish): Possible recovery and increase in the coming days. ⚫ Black Scenario (Bearish): Short-term correction, but potentially very bullish in the medium term because a lot of liquidity has formed in that marked area and we also have an FVG (imbalance) on the W timeframe + resistance on that parallel channel. Watch the market closely 3100-3300 and consider these scenarios in your trading strategies!Longby TraderX101011
ETHUSDT.1DThe Ethereum chart highlights a robust uptrend that started early this year, peaking in February before entering a consolidation phase. This pattern indicates strong buying interest followed by a phase where traders and investors are assessing their positions. Key Technical Observations: Resistance Levels (R1 and R2): The first resistance (R1) is at $3,430.29, which previously acted as both support and resistance, indicating a pivotal price point. The second resistance (R2) at $4,134.34 represents the peak of the recent price rally and is crucial for confirming a continuation of the bullish trend. Support Levels (S1 and S2): The primary support (S1) at $2,837.73 is critical as it lines up with historical price reactions and the Fibonacci retracement level of 0.5, a common reversal zone. The secondary support (S2) at $2,112.62 is near the 0.618 Fibonacci retracement, often considered the last line of defense in a bullish market. Fibonacci Retracement: The Fibonacci levels are drawn from the low of $1,521 to the high of $4,093.92, and they help identify potential reversal points. The 0.5 and 0.618 levels are particularly significant due to their common usage as decision points in price action trading. MACD (Moving Average Convergence Divergence): The MACD line is currently below the signal line, and the histogram is in the negative territory, which suggests bearish momentum in the short term. This requires close monitoring as a potential crossover above the signal line could indicate a shift back to bullish momentum. RSI (Relative Strength Index): The RSI at 53.85 is near the midpoint of 50, which generally indicates a balance between buying and selling pressure. However, the slight tilt towards the oversold territory suggests that there might be an upcoming opportunity for buyers. Conclusion and Strategy: Given the current market conditions and the technical setup, my approach would be cautiously optimistic. I would consider entering long positions near the S1 level with a clear stop-loss order just below this level to protect against unexpected downturns. Any approach towards R1 should be viewed with readiness to take profits, especially if accompanied by signs of fading bullish momentum, such as declining volume or bearish divergences on the RSI or MACD. Trading around these key technical levels with a well-defined risk management strategy could potentially capitalize on the volatility and provide significant returns. However, it’s crucial to remain vigilant and adapt to any new market developments that could affect Ethereum's price trajectory.by MarsSignals1
ETH Etherium long ETF news set upSorry late to post this idea as I've already taken the trade, but can still get entry. 1hr 200ema and golden pocket confluence for a nice long. Gonna take some profit at 1.27 and will let the rest ride to see if this ETF hype gets any leg.Longby jayrome977Updated 111
ETH LONG PLAYeth long quick easy profit in play here, seller will take out the short liquidity then if you see in the daily the next run is going to the upside, so go longLongby fathi3231723