Ethereum needs correction#ethereum #eth has been forming bearish divergence. A minor correction is necessary.by naphyse1
Ethereum long to $3500+ todaySo I just scaled into an eth long I was in. That idea comment section is getting a bit crowded so decided to make a new idea. Its still viable as a completely new positions if anyone wants to enter just that RR will be lower I anticipate bitcoin to pump to 85k today which would be roughly a 5% pump and eth I expect no less in terms of correlation. So the TP is open on ethereum but I'll probable take off partial maybe 70% profit at $3500 point given all goes well. I'll update below my trade management when its time. This is trend continuation trade going with the momentum but not just any continuation....a Bull run weekly candle breakout trend continuation.Longby FilnftUpdated 1
ETHEREUM : THE NEXT BULLISH RUN?On the weekly timeframe, ETHUSDT has created Change of Character, which means that the potential bullish trend will be continued. In the ABC correction phase, ETHUSDT has create Descending Broadening Wedge which leads to potential price breakout from the pattern. In the end of C correction, ETHUSDT bounce back in the Fibonacci Golden Zone, including Retest and 3rd Trendline Tap confluence. Based on my analysis, there are 3 target for the future price of ETHUSDT: 1st Target : 4600 2nd Target : 5300 3rd Target : 7300 1st and 2nd Target will be potentially hit in 2025 or even faster. This analysis will be invalid if the price breaks or close under 2110. DISCLAIMER ON!Longby Felix_Jonathan2
ETH is following BTC I feel like sharing the other 100X because it seems they’re moving together right now. The last 30-minute close was green but formed a doji. Let’s see what happens next with the intraday support—will it hold or break? If it does break, where might it go next? Could it move higher? I guess we’ll find out soon.by vagadaUpdated 1
ETH Next Target: $5,000ETH technical analysis update ETH's price touched the trend support line on the weekly chart and has bounced 20% from it. The price also touched the April resistance level at $2,150, which is now acting as strong support. Price dropped below 30 RSI in day chart, this could indicate the bottom for ETH. The 100 and 200 EMA act as agood support for ETH in weekly chart. We can expect a significant bullish move from the current level, with the potential to reach a new all-time high in the coming months. Regards HexaLongby HexaTradesUpdated 11
ETH BREAKOUT??Simple chart with key levels shown. After the Trump victory price has broken out from the downtrend of 7 months. So far the breakout has been capped at the major resistance level of $2850. It's a clearly important S/R level with clear TPs on the way back up to local high. Entry is a tricky one, the macro is clearly bullish with the election news + interest rate cuts happening globally. A safer entry would be a flip of the resistance @ $2850. A second entry would be the green box and still broken out of the downtrend. That would make the entry closer to being wrong and therefor better R:R but for me less probable as $2850 is still major resistance. Invalidation is under the green area around $2700 and falling back under the downtrend, approx -6.5% under the possible entry once the S/R is flipped. by ProR351
ETHUSDETHUSD breaks the trend line after the accumulation phase, we can target the highs with SL below on support.Longby ShaikyChampion1
ETHUSDT: Promising Growth Potential!ETHUSDT is currently maintaining a strong uptrend, hovering around 2840 USDT, up more than 4.44% on the day! Notably, the Flag in Uptrend pattern is forming on the chart, signaling a great growth opportunity. Upcoming Targets: The first target will be the resistance zone of 3400 USDT, and if the bullish momentum holds, ETH may reach 4500 USDT! Do you think ETH will conquer these heights? Leave your comments below! Happy trading!Longby Trader-SaylorUpdated 17
ETHUSDTMain point to look at Wait for other opportunity placing long yet, after retracement 4H Supply zone RSI FVG Demnad area to mitigate for upward direction play safe by Eventhorizon4862
Tick... Tock.. $ETH #Ethereum made a successful close above the $2881 level, which coincided with the major resistance and also the downtrend breakout. I expect it to enter a sharp upward phase with a retest and a short accumulation period in the current region. #Altcoins will follow!by EtherNasyonaL1
Ethereum Longterm Price Prediction / 3500$ is the next stationBINANCE:ETHUSDT COINBASE:ETHUSD 📈Which side you pick? Bull or Bear SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage (If there is just one SL on the chart, I suggest, low risk status) 👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate. ➡️Entry Area: Yellow zone ⚡️TP: 3000$ 3500$ 3914$ 🔴SL: 2024$ 🧐The Alternate scenario: If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.Longby CrazySUpdated 16
Will ETH repeat BTC's strong upward move?ETH in a key place, currently fighting with strong resistance at the level of $3,247, this is a key place before the upward movement to around $3,561, which is the last place before the movement towards a very strong resistance zone from $3,948 to $4,102, which is a key place before the establishment of the new ATH. Looking the other way, there is currently a strong upward movement, which may give a moment of relief and here there is support at $2,816, then there is strong support at $2,546, and then the price could go back even to around $2,117, which in the current situation is an unlikely move at this point.Longby cryptodailyuk1
ethusdtmy idea about etherum my idea about etherum my idea about etherum my idea about etherum my idea about etherum my idea about etherumby saeed34711
ETH Ethereum Analysis Finally, #ETH brokeout the most awaiting resistance of $2830 and reached $3k. Next target will be $3500 to NEW ATH .by OfficialCryptoTraders2
Eth / Usdt Long setupHello my friends it's mine chart for ETH If price breaks 2475$ level upward then at pullback by CONFIRMATION you can enter Long's Levels shown for you DYORLongby pichilotradesUpdated 2
Ethereum (ETH): Sellers Pressuring Trend Line (Might Break)Sellers are yet again pressuring the bullish trend line, which seems to be pretty weak at this point. Previously this zone was a mark for huge volume and push to upper zones, but currently we are seeing that sellers are taking yet again dominance, possibly going for a break of that trend, a movement below 200EMA (white line). If this week we will not see any signs of volume from buyers, we might see a trend switch from here! Swallow Team Shortby SwallowPremium2
ETH Long : Trend ResumptionBears tried, and failed to bring the price down . 50 day MA acting as support. Good potential for another long swing trade up. Longby stevetambo321
Ethereum 6 months analysisEthereum price drops are more than other digital currencies and due to the stop of price drops in this area, it can be seen that investors are buying Ethereum and this stop and these purchases will increase this currency in the coming months The first target for Ethereum price will be $3000 and the next target will be $3500. Sasha Charkhchian00:47by Sashacharkhchi1
ETH Pullback Short : Rally Base Drop Supply Zone Looking at the 15 minute chart we see the formation of a rally base drop supply zone when the price reached the 3000 resistance zone . After formation price revisited this zone and failed to break triggering a sell opportunity . Very high probability of reversal using RBD supply zones especially at market tops. by stevetambo321
ETH Analysis: Support Holds as Ethereum Traders Eye Next MoveBINANCE:ETHUSDT is currently navigating a consolidation phase on the 1-hour chart, where the price action appears to be stabilizing, yet mixed technical indicators are hinting at potential volatility on the horizon. At this moment, the price is testing a critical support level situated at $2,802. If this support level holds firm, we could see a rebound that pushes the price toward the resistance level at $2,871.8, which would be a positive sign for bullish traders. However, it’s important to note that if the support fails to hold, we may experience a deeper pullback that could take the price down to around $2,666, which would raise concerns among market participants. Traders should remain vigilant and watch for confirmation signals that could indicate the next move. Key indicators to monitor include an uptick in the Relative Strength Index (RSI) or a stronger MACD histogram, both of which can help identify clear entry points for potential trades. by StevenWalgenbach1
The Next for ETH (?)Ethereum (ETH/USDT) on the weekly chart shows a recurring cycle of three phases: Uptrend, Trapping Price, and Accumulation. The Uptrend phase sees significant upward movement, indicating strong buying interest, followed by a Trapping Price phase where the price corrects or moves sideways, potentially trapping late buyers. Finally, the Accumulation phase is marked by consolidation with tight price movement, typically setting the stage for the next uptrend. Currently, Ethereum is in the Accumulation phase following a recent correction. If this cycle repeats, ETH may soon enter another uptrend, offering a potential opportunity for buyers before the breakout. A strategy here could involve accumulating during this phase with a target near the previous high of $4,556.27 , while setting a stop loss below the accumulation range to manage risk.Longby rafif_faauzanUpdated 447
ETH - Critical SupportEth is testing its most important support trend line yet again. Most likely it will hold this trendline, but if we start closing candles below we could see a flash crash to $2,100. by VIAQUANT4
ETHEREUM → Price can't break the bearish trend. False breakoutBINANCE:ETHUSD is facing selloffs. Technically, ETH is showing weakness on the background of growing sales. Any growth attempts are aggressively sold off. The price continues to test the support, which only increases the chances of a breakdown Accumulation is narrowing. Ethereum is unable to leave the downtrend. The pressure formed by the bears is only getting stronger. Earlier there was a growth attempt, which became unsuccessful, after a false breakdown of the intermediate resistance 2717. The bears did not let anyone near 2817. On the background of yesterday's fall, associated with bitcoin correction in the 67K - 65K zone, the price tested the consolidation support and is forming a false breakdown. From October 22: BITCOIN → False Breakout & Bearish Engulfment ↓ If the price does not start active growth, but returns to the support and starts to enter the risk zone, it can provoke the activation of orders and a strong impulse to 2100-1900. Resistance levels: 2562, 2728, 2764 Support levels: 2392, 2318, 2111 It is not excluded that the price may return to the triangle resistance or 2728, but there are no hints for now. Emphasize on 2562 and 2392, two important zones from which a strong fall can be formed Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:ETHUSDT ;) Regards R. Linda!Shortby RLindaUpdated 4446