Adjusting my last chart it would be cool if this happened. I'm trying to outline a macro idea so I can trade the smaller timescale swings.
ETHUSD.P trade ideas
Slow and steady for Ethereum Alright yall listen carefully; everyone should be in profit or just took the profit and got in; we are in the Kill switch situation here.
The resistance of 2920 area is strong but challenging; and i just made 300$ profit; withdrawal and then just got in just a min ago.
Be sure have enough margin so you wont get spiked out.
So ethereum passed the recent resistance level but now we need to get to 3,000 that is all and then Ethereum will be fine bullish. If you just bought the dip then you should be good if just bought it and waiting just hold and be patient.
So 2920 is challenging resistance and goal is to break it and get to 3000. I place $100 margin/114% of my trading; so first break the resistance, 3000 and then onto 4000. We are going slow but be sure to use proper risk management of your bankroll cuz we are going to make bank.
I will have other most recent post overall. Its still bullish so dont worry ; ride with me and the bands are still riding upwards
BTCÐ 8 Nov Options Data49,000 BTC options expired with a Put Call Ratio of 0.72, a Maxpain point of $69,000 and a notional value of $3.7 billion.
295,000 ETH options expired with a Put Call Ratio of 0.65, a Maxpain point of $2,500 and a notional value of $860 million.
With Trump's victory, Bitcoin has risen sharply this week, breaking through $75,000 to hit a new all-time high, followed by Ether, which also picked up a big jump to get back to $2,900, the Maxpain point this week because too many positions accumulated in the early stages did not change, and options expiring today accounted for 15 per cent of the total position.
The end of the U.S. election led to a sharp decline in short-term options IV, and mainstream term options parity IV also declined to varying degrees, and now the market atmosphere is optimistic, and the trend in the fourth quarter is likely to continue to be strong.
ETHUSD Trade LogTrade Setup (2/11/2024) - ETH Short in 4H FVG
1. Setup: Enter a short position within the 4-hour Fair Value Gap (FVG), using this area as a potential resistance zone for a bearish move.
2. Entry strategy:
- Target: 1:2 RRR.
- Risk: 1% of account.
- Entry confirmation: Wait for the price to move into the 4H FVG and show bearish signals, such as a reversal pattern or rejection wick, before entering.
3. Stop-loss and take-profit:
- Place stop-loss above the upper boundary of the 4H FVG to protect against an unexpected breakout.
- Set take-profit at twice the stop-loss distance to achieve a 1:2 RRR.
4. Additional considerations:
- Monitor for market events or news that could impact ETH volatility.
- Ensure that price action aligns with bearish signals within the FVG for a higher probability of success.
ETH USD ETH USDT bounced back from 2450$ area.
Close long and wait for chance to get entry arround 2350$--2360$
#ETH
#usd
#crypto
ETH USD ETH USDT bounced back from 2450$ area.
Close long and wait for chance to get entry arround 2350$--2360$
#ETH
#usd
#crypto
ETH/USD Targets 1Y Pivot as Support WeakensHello,
BITSTAMP:ETHUSD has settled below the 1-month pivot point, suggesting a potential move toward the 1-year pivot point unless the previous lows can provide support again.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
Likely a bit more correction before a potential bounceHello all,
I got scalded a while ago for looking at the small picture, so I decided to zoom out to larger timeframes to throw a guess at what the majority of ETHUSD traders could be thinking.
I have seen two-three main groups of ideas in the 1D timeframe running. Some propose a giant triangle, some a channel, and just a few did a funnel. These ideas are supported by a decrease in volume from the starting point of the structure.
From the picture, interestingly, we can think:
- a breakout of the big triangle occurred, and now the price is testing the upper trendline before shooting up (although the triangle idea has not been validated because there was not a higher volume break out)
- we touched the top of the channel, and now we are on the way down to test its bottom (this seems more likely as we are awaiting volume breakout or price bounce)
Now, I think the point is not what "I" think, who cares, but what *most of the trading volume* think, because that's the direction the market will take. The interesting thing is that the triangle and the channel converge between $3800-$3650, so the plans of people (bulls and bears) that are driven by either idea (triangle or channel) will be converging at nearly the same point. I cannot see more options than the triangle/channel in this 1D timeframe, so I'd say that there is still a bit to go down in ETHUSD to touch around that convergence, and then a big move.
About that big move, now look at the RSI. The top trend line is showing a bearish divergence with price, which started quite a while ago and has not been broken, and is converging with the bottom line that follows price action. That bearish divergence is a big worrisome, because it has been there for a long time. For that reason I think that a bullish stance is fine thinking of fundamentals and the hype, but a lower risk/higher reward entry would be after we breakup from the RSI triangle in high volume. Bears will have a say if we breakdown from that RSI triangle though, because if we break from either the price triangle or the channel, there would be a target to either $2700 or $1650 coming.
note: the RSI is the AverageGain/(AverageGain + AverageLoss). A bearish divergence means that while the price is going up, either the steps up get shorter (less up momentum) or the steps down get longer (gain of down momentum). At some point the imbalance should cause a breakout, crash, oversold and recovering of price up.
Personal view, not financial advice. You draw your own plan! Any thoughts welcome.
Bearish PossibilityI realy think this is still possible to happens and would be amazing before a bullrun. SMC tells me is real this possibilitty.
@Given2Fly.Eth
ETHUSD-BUY strategy 90MIN chartThete is buying pressure and we are positive on a number of indicators, some shown and some others are not shown. the chances we will return $ 2,500 is currently.
Strategy BUY $ 2,435-2,460 and take profit $ 2,507 again.
ETHUSD morning analysisETHUSD technical analysis.
This count has price in wave ((2)) of iii.
This count requires wave ((1)) to have a truncated wave (5).
Wave ((2)) would be a zigzag in this scenario, with wave 5 of (C) ongoing and targeting the 2000-2200 price area, where there is .618 fib support.
ETH USDT#ETH USD trending at very important zone.
We can look for long with SL below 2385.
Entry must be in part and with proper risk management.
2400$ is also key level
If market not sustainable at 2450 we can see 2400$ zone.
No high leverage trades 🚫
#btc #eth
ETHUSD-SELL strategy 6-hourlyETHUSD is under pressure, and even though it tried to maintain above $ 2,575 is failed. We are comfortably below the cloud cover, and negative signal as well. I feel we will see a test of $ 2,383 again.
Strategy SELL @ $ 2,500-2,525 and take profit near $ 2,390 for now.
BTCÐ 1 Nov Options Data28,000 BTC options expired with a Put Call Ratio of 0.92, a Maxpain point of $69,000 and a notional value of $1.97 billion.
137,000 ETH options expired with a Put Call Ratio of 0.69, a Maxpain point of $2,550 and a notional value of $350 million.
Bitcoin hit $73,500 this week, just $100 away from a new all-time high, but then went into high gear, back below $70,000, and Maxpain point reached a new high for the year this week, while Ether instead struggled near a new low for the year, and Maxpain point also fell this week.
The main market thread this week is the US election, and now that the BTC ATM IV on 8 November is close to 70%, and BTC is oscillating near new highs, there are very good trading opportunities in all views.
I dont short Crypto, but if i did....... ETH is on the list!I trade crypto and stocks on a long only portfolio, if I have a short bias, I am flat.
However, looking at ETH on a momentum play.... this could be interesting. If ETH can push below every major momentum moving average, momentum could really push this into a big volatile sell off.
Fundamentally, I like this play, I have a strong dislike for ETH, I don’t think it’s got the same appeal as other altcoins, there’s no real buzz about it.
The risk to any ETH shorts is, I am long only crypto and believe BTC will hit $100k in 2025, will ETH piggyback onto some of that momentum? probably.
If there’s a convincing close below my level, not a quick spike, then ETH could be a good short term short. Get the trade into breakeven and take profits on any big volatile moves down.
ETHUSD Bullish Continuation Possible Above Key Pivot PointsHello,
BITSTAMP:ETHUSD is positioned favorably for a bullish upswing, provided the price holds above the 1D/1W pivot points. While this price level suggests potential upside, many still anticipate another bearish move following the recent high of 2680.15. If the price remains above the 1D or 1W pivot points, we can expect the bullish trend to continue.
TradeWithTheTrend3344
ETHUSD - BREAKOUT IMMINENTRisk on all over the board.
It's pretty simple was you through the noise. Everything moves in cycles. Every single day, every single year, every single decade.
Financial markets are a gift from the matrix.
Could Ethereum drop from here?The price has reacted off the pivot and could drop to the 38.2% Fibonacci support.
Pivot: 2,651.09
1st Support: 2,557.66
1st Resistance: 2,766.07
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ETHUSD: 12 weeks of bottom formation finally over. 4900 is next.Ethereum has just turned bullish on 1D but remains neutral on its 1W technical outlook (RSI = 47.413, MACD = -97.490, ADX = 28.674) as the price is on the 12th straight week of consolidation inside the 1W MA50-MA200 range. This sideways trading is being performed at the bottom of the Channel Up that started in June 2022 and has already seen three major bullish waves. Once the 1W MA50, we will have confirmation that the 4th one is starting. When that happens, aim for no lower than the All Time High (TP = 4,900). The 1W RSI has already crossed over its MA.
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Vitalik Buterin Drives New Innovations & Bullish Trends for ETHEthereum ( CRYPTOCAP:ETH ), the world’s second-largest cryptocurrency by market cap, is undergoing a transformative journey, marked by visionary updates and community-driven momentum. With Ethereum’s recent price surge to $2,631, up 4.11% in the last 24 hours, and a broader bullish trend across the market, the Ethereum ecosystem is positioning itself as a powerhouse in blockchain technology and decentralization. This article explores both the technical and fundamental aspects influencing Ethereum’s outlook, along with new philanthropic efforts led by Vitalik Buterin.
Vitalik Buterin’s MIL:1M Donation to Ukrainian Humanitarian Aid
One of the biggest stories recently has been Vitalik Buterin’s donation of over 400 ETH (approximately $1 million) to four Ukrainian humanitarian organizations, including one helping children affected by the ongoing conflict. This philanthropic act underscores Ethereum’s commitment to community-driven initiatives and the impact of decentralized finance (DeFi). Interestingly, the ETH used in this donation came from swapped meme coins, including $MOODENG, $EBULL, and $DOG. This donation not only provides aid to those in need but also highlights the growing role that cryptocurrencies, even meme tokens, play in supporting humanitarian causes.
Ethereum’s Evolution: “The Splurge” and Upcoming Hard Fork
The Ethereum protocol is on the verge of critical updates with the upcoming hard fork, as outlined in Vitalik Buterin’s “The Splurge.” This final segment of Ethereum’s development roadmap focuses on refining the Ethereum Virtual Machine (EVM), introducing account abstraction, optimizing transaction fees, and enhancing cryptographic functions.
1. EVM Object Format (EOF): The next upgrade will integrate the EVM Object Format, bringing a modular approach to Ethereum’s code. This update allows for better code separation and improved performance, making the network more efficient for smart contracts and decentralized applications (dApps).
2. Account Abstraction: A significant focus within “The Splurge” is account abstraction, which enables greater flexibility in transaction verification. This enhancement will allow users to pay transaction fees in ERC20 tokens instead of solely in ETH, broadening accessibility across the network.
3. Transaction Fee Optimization and Cryptographic Advancements: Ethereum’s upcoming update aims to make transaction fees more predictable and cost-effective. The use of advanced cryptographic methods will also enable more robust and efficient blockchain operations, further enhancing Ethereum’s performance and scalability.
As these updates take effect, Ethereum’s potential is expanding, as evidenced by decreasing fees on decentralized exchanges (DEX) and growing developer interest.
Technical Analysis
Ethereum’s technical indicators paint a promising picture. Currently trading at $2,631, CRYPTOCAP:ETH has shown a 2.47% uptick, largely mirroring Bitcoin’s bullish rise to $71,000. Ethereum’s RSI sits at a healthy level, confirming a favorable momentum pattern that aligns with bullish technical formations.
Ethereum’s chart shows a subtle rising wedge, suggesting the possibility of a continued uptrend. The appearance of a “three white soldiers” pattern—a bullish formation where three consecutive candlesticks close progressively higher—signals an upward reversal, reinforcing the likelihood of Ethereum ( CRYPTOCAP:ETH ) pushing towards the $3,000 mark.
Ethereum’s Relative Strength Index (RSI) remains stable, indicating there is room for further upward movement before hitting overbought levels. Paired with increasing volume, this setup is favorable for a bullish continuation as investor confidence grows.
If momentum continues to build and Ethereum ( CRYPTOCAP:ETH ) maintains its trajectory, a pivot towards the $3,000 mark seems plausible, especially given the upcoming hard fork and increasing institutional interest.
A Strong Community and Visionary Leadership Drive Ethereum’s Momentum
Ethereum’s role in the crypto world goes beyond price movements and technical charts. Since its inception, Ethereum has fostered a decentralized ecosystem that enables users worldwide to create, transact, and innovate. Vitalik Buterin’s leadership has emphasized social good, community engagement, and technological advancement, allowing Ethereum to retain a strong community and global relevance.
With ongoing developments like “The Splurge” and continued network upgrades, Ethereum ( CRYPTOCAP:ETH ) has deem fit to be a robust and scalable platform that can accommodate both the needs of developers and the demands of decentralized finance.
### Conclusion: Ethereum’s Path to $3,000 and Beyond
Ethereum ( CRYPTOCAP:ETH ) is at a pivotal moment in its evolution, and current technical indicators and development updates signal a bullish future. With the imminent EVM upgrades, transaction fee optimizations, and the support of a vibrant community, ETH has the momentum to reach new heights. Investors should watch for a potential breakout towards the $3,000 pivot as Ethereum ( CRYPTOCAP:ETH ) solidifies its place as a leader in the blockchain space.
