Ethereum ETF vs Bitcoin ETFAfter the approval of Bitcoin ETF, we had a market correction that took liquidity under consolidation, something I expect ETH to do now. If ETH follows the same pattern as BTC, this translates to a price of $2631/ETH, with a possible spike even below the $2500 area.Longby TraderX101010
ETHUSDT 1DETH ~ 1D #ETH It is necessary to maintain this support block to keep the price from falling even lower. You should pay attention to this important support for now. Longby CryptoNuclear0
shorting the bottomshorting the bottom its like catchin the knife but on purpose like trying to catch the sharp part not the handleby Lucky777DuckUpdated 1
Eth / USDTCRYPTOCAP:ETH 💰 (Daily) CRYPTOCAP:ETH did a Successful Breakout ✔ from the falling wedge pattern in the daily timeframe. Now we will see 20-25% 📈 Pump in the ETH in the Upcoming Days BINANCE:ETHUSDT . Discliamer : I am not Financial Advisor Longby Wolftrader1337Updated 222
ETH [ BEARISH SWEET ZONE]We are expecting a massive drop of ETH , however this T.A time frame view is 1D do not expect that it will play as early , it will take time ; rest assured that if you are going to put a position manage strictly your risk reward ratio ; it may play out but it will grab some Liquidities before it will play out Shortby RayTrader123Updated 445
Alikze »» ETH | Rising waveIn the weekly time, it is moving in an ascending channel, which after a complex correction and higher floors has formed a runner zone, which can now complete an ascending wave in the specified area, which is the supply area. Therefore, 🔰 in the first scenario, I expect a correction with the support of the $2,500 area after touching the zone, which can appear more in the form of price, considering that the recent correction was a running zone, and then enter the upward phase. 🔰But the second scenario can break this wave of the region and continue the upward path after the pullback. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ Longby alikzeUpdated 101015
ETHUSDretesting the bidzone after distributing the ETF news are we really going to let them buy their eth back at these prices? etf news due in 3 days i think any kind of positive news at this point will reverse the market pretty strongly biggest liquidation event since FTX's collaps here today... we usually dont stay in these areas very long in bull markets and some alt capitulations have been ridiculous here.. im pretty bullish at these levels tbhLongby olliecoughland112
ETHUSDT.1DIn my analysis of the ETH/USDT daily chart, I've identified several critical elements that define the current state and possible future direction of Ethereum’s price action. Technical Analysis Observations: Chart Patterns and Key Levels: Triangle Pattern: The price has been consolidating within a symmetrical triangle pattern, which generally indicates a period of indecision among traders. The apex of this pattern is approaching, suggesting that a breakout is imminent. Support (S1 and S2): S1 at $2,112.62: This level is crucial as it represents the lower boundary of the triangle. A break below could signal a significant bearish movement. S2 at $2,500.00: This round number has psychological importance and may act as a minor psychological support if S1 breaks. Resistance (R1 and R2): R1 at $2,837.73: This is the upper boundary of the triangle. A breakout above could indicate bullish momentum. R2 at $4,134.34: This represents a historical high and a long-term target in a bullish breakout scenario. Indicators: RSI (Relative Strength Index): Currently at 25.93, the RSI is deep in the oversold territory, suggesting that the market could be underpricing ETH, which may lead to a potential rebound or at least a stabilization of prices. MACD (Moving Average Convergence Divergence): The MACD is below the signal line and the histogram indicates increasing bearish momentum. This could signify that despite the oversold condition, the market might still see further declines. Conclusion: The ETH/USDT pair is at a critical juncture with its price consolidating within a triangle pattern. The proximity of the RSI to oversold levels hints at a possible upward correction, especially if it coincides with a breakout above the triangle's upper trend line (R1). However, the bearish bias indicated by the MACD suggests that any bullish moves could be short-lived unless there is a significant shift in market sentiment or external market drivers. Given the current setup, my approach would be to watch for a clear breakout of the triangle pattern, accompanied by an increase in volume, which would provide a more reliable signal for either a long or short position. A break above R1 could target R2, while a breakdown below S1 might test the $2,500 psychological level before moving to deeper supports. As always, setting appropriate stop losses and taking profit levels is crucial to manage risk in such volatile conditions.by MarsSignals113
ETH Poised for Post-ETF Approval Pullback: Short to 3.2k ZoneEthereum surged over 30% in anticipation of its much-awaited ETF approval, but the excitement may be short-lived. As traders who missed the initial rally eye the $2.9k to $3.2k support zone, a pullback seems likely. With ETH currently trading around $3.8k, a short trade to this support area presents an attractive opportunity. Technical Analysis: Visible Range Volume Profile (VRVP): The VRVP indicates a significant volume zone at $3k, suggesting strong support at this level. Average Directional Index (ADX): The ADX, a momentum indicator, is losing strength, signaling a weakening trend. Proposed Short Trade: Entry Price: 3.8k zone USDT Take Profit: 3k zone USDT Stop Loss: 4.110 USDT Rationale: The post-ETF approval euphoria is likely to fade, leading to a price correction. The $2.9k to $3.2k zone represents a strong support area, as evidenced by the VRVP. The weakening ADX suggests a loss of momentum in the uptrend. Risk-to-Reward Ratio: The potential risk-to-reward ratio for this trade is approximately 3:1, implying a potential 3% profit for every 1% risk.Shortby alorseUpdated 9
ETHEREUM ROAD TO 20.000 USD ?As price goes down we still can see possible channel pattern but we must hold around 2.600-2.800 to keep it valid. Even if we got bottom it can take weeks of side action before proper break up. Longby mess_on_a_mission112
Lingrid | ETHUSDT buying OPPORTUNITY at the BOTTOM of the RANGEBINANCE:ETHUSDT has been trading within a big range on the daily chart, oscillating between 2800 and 4000. The market has recently dipped to the lower boundary of the range and it is heading towards the channel's border. A box has formed on the left side, and I believe the market may break below this box to absorb liquidity and potentially stage a rally towards the top of the range zone. I'm expecting a test of the trendline and channel followed by a bullish move if the price makes fake breakout. My goal is a resistance zone around 3365.00 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Longby Lingrid3321
ETH Buyback ZonePurpose: 1. To aid you in determining a TP target for short positions. 2. Avoid loss by entering a long position prematurely. 3. To point out a possible buyback Zone Description: Ethereum formed an M pattern. This pattern satisfies the initial requirements of a Bullish Bat Formation, which are as follows: 1. Mandatory 50% B-point retracement of the XA leg. 2. The C-point should be in the 50 – 61.8% range. Target: 1. The minimum target of a bat formation is the 1.272 extension of the BC leg. The 1.272 extension is at 2,276 USDT. The Price Reversal Zone is typically between the 1.618 extension of the BC leg and the 0.887 retracement of the XA leg. This range of 1786-1825 gives us a tight PRZ, which provides us with clear invalidation and a low-risk entry. God willing, I will update this idea as the PA unfolds in the coming days and weeks. Best Wishes by NewThoughtCrypto226
Phemex Anaylsis #3: ETH Price Tumbles & Key Support Levels.The price of Ethereum (ETH) experienced a significant decline today, breaching the previously strong support zone at $2,850 . This price movement indicates a potential shift in the market sentiment. Traders are now closely watching the next support level at $2,250 . This zone is considered historically significant and could offer some stability to the price. However, if the selling pressure persists and ETH breaks below $2,250, the next potential support level to watch would be around $2,000 . It's crucial to exercise caution while trading in such volatile market conditions. While there might be opportunities for profit, the risks are equally substantial. Consider using Low Leverage & Stop Loss to manage risk effectively during this period of uncertainty. Note: Phemex had Launch IceBerg order to help you Enter with minimum slippage. Be sure to check it out! Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.by Phemex114
Eth chart analysis weekly trendEth chart analysis weekly trend Eth looks week and in downtrend in weekly chart i hope soon we will revisit 2950 again to support level DIYOR by MehranSwingTradersUpdated 222
ETH 3DAll things are coming to plan for Q3, I believe q3 & q4 will be very bullish for us. Reason being is because in Q2, myself and "others" thought we would just rip, and yes me being a victim to this I thought the same. The reason why it made sense for Q2 failing us to rip to 100k for BTC and new ATH is because, we had to take our timeee. We need to enjoy the patience of it as well I.E : The chart is telling us that it is creating a massive Cup and Handle formation, yes we were sideways for quite some time but that is apart of the game, it doesn't mean that we still can't make money when it goes sideways, Understand RANGE's.Longby Invest8Metz1
Ethereum ETH Daily Timeframe Analysis Ethereum mitigated this orderblock (1) and moved down. Ethereum moved internal structure movements. So It's indicating bearish momentum. Currently sweep the Bos line. If Bitcoin moving downside, ETH also moving same direction.Shortby rahulOffi0
Ethereum Retest to Trendline - Only Up from HereEthereum Retest to Trendline - Only Up from Here After the clear breakout from the bullish trend, Ethereum has now retested its support trendline. Now from here, it's only up. Let's come back to this after weeks.by ImThour1
ETHUSD ETH/TETHERUS FED will make more troublesFED will not cut the rates, more storm is coming.current condition short.A break below the wedge leading to deep south.a break baove the wedge revrse the tradeShortby DaveBrascoFXUpdated 333
ETH - Retest 3400$Think we will see a retest of ~3.4k coming days. I am aware thas most people probably think it won't happen, it's too low, ETF bla bla, but I just ignore everything almost all the time and just look at the charts :) I have traded the breakout from 3k to 3.6k and I'm flat currently but I think ETH is clearly not done yet but I won't buy at current prices. Stay safe!by TV288Updated 119
ETH to fill 1D 100 MA gap if BTC holds 1D 200 EMAETH to fill 1D 100 MA gap if BTC holds 1D 200 EMA. BTC 1D EMA is at 58270 right now. If BTC holds it, speculating for both BTC and ETH to fill the gap to 1D 100 MA.Longby cxbbb223
Ethereum Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring ETHUSDT for a selling opportunity around 3,200 zone, Ethereum was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 3,200 support and resistance area. Trade safe, Joe.Shortby JoeChampionUpdated 223
Ethereum Long Position SetupLong timeframe higher degree setup. This setup is for weeks to months to hold.Longby Sigmatradesharmonic114
ETH/USDT 4HAt the good support area if wants to be safety wait to close daily candle Longby Walwel224