Bullish potential on ethereum I anticipate some bulls for the next days ahead on ethereum. Always wait for clean confirmations. This is just my thought and doesn't constitute a financial advice. All the best
ETHUSD.PI trade ideas
ETHUSD Will Go Up From Support! Long!
Please, check our technical outlook for ETHUSD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 2,983.0.
The above observations make me that the market will inevitably achieve 3,315.8 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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ETH target 36004h time frame
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TP: $3600
SL: $2730
RR: 5
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(1) Potential Bullish Gartley
(2) Entry based on two support-Gartley D point & descending channel bottom
(3) Stop loss if go below the horizontal support
ETHEREUM ON CLEAR RISEExcellent Time To Buy Ethereum For The Long Term. We will wait for it to enter our point of interest before searching for a long entry
ETH - Short to 2,800ETH - Short-term Bearish from 3,120, especially if BTC does not maintain 63k on the daily candle close. MACD has some sellers with a slight bullish divergence in the neutral zone, heading to oversold but we are not there yet. Fear and Greed index shows we still have not reached the peak fear zone. I think we might see continued selling until 2,786 to 2,804 area before we see a reversal. I'd like to see ETH hold above 2,800 on the Sunday candle close for invalidation of the short.
ETH still in danger of a death cross on the daily in the next few days if it doesn't catch a strong bid, or a bid off the next support.
Ethereum 2nd Test on our demand zoneEthereum decided not to continue with the trend but to conduct a second test before the rally. This pattern is very natural when the market breaks a channel and seeks equilibrium points in demand zones.
Our plan remains in place. Remember that markets need to make pauses or retests before taking action. Additionally, we must consider that markets, in general, have been bearish—we are in a bear market. However, the points of interest I have marked are based on historical prices and significant liquidity, so we can expect aggressive movements once the price reaches the indicated zones.
Thank you for your support, and don't fear these bear markets; on the contrary, we should average in and take advantage of the opportunities they offer us.
Regards
Eth enters the demand area very strongETH in a strong request area, the probability of reaching $ 3600, which represents a reflection of the ABCD Model.
ETH morning Retest back to recent level *I am in no way a financial advisor and you should always do your own due diligence before placing any trade. Do not trade what you are not comfortable with losing. No trade is guaranteed.
ETH. Has recently broken a level of small support , price should return back to level of structure broken which is now resistance and push back to downside. 3-5% risk management
Market execution ( 2992)
TP 3130
SL 2983
#ETH buy zone be ready to catch it.#ETH buy zone be ready to catch it,
i think chart saying everything
ETHEREUM STRONG SUPPORT AHEAD|LONG|
✅ETHEREUM will soon retest a key support level of 2,800$
So I think that the pair will make a rebound
And go up to retest the supply level above at 2,880$
LONG🚀
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ETHUSDT Bullish Corrections: Heading Towards $3121Analysis:
Following recent market developments, ETHUSDT is showing signs of bullish corrections. The price has been correcting from the $2950 price region and is now making its way towards the $3121 price point.
Key Points:
Market Developments: Recent positive developments have sparked renewed interest and confidence in Ethereum (ETH), leading to increased buying pressure.
NFP Impact: The Non-Farm Payroll (NFP) report released today significantly affected the market. As a result, we observed a Bitcoin price drop, which caused traders to panic sell across the crypto market. Despite this, ETHUSDT is demonstrating resilience and a bullish correction.
Support Level: The $2950 region has shown strong support, acting as a solid foundation for the current upward movement.
Target: Based on current market momentum and technical indicators, the next significant resistance level appears to be around $3121.
Technical Indicators:
Moving Averages: The 50-day and 200-day moving averages are converging, indicating potential for a bullish crossover.
Relative Strength Index (RSI): Currently trending upwards, suggesting increasing buying momentum.
Volume: There has been a noticeable uptick in trading volume, supporting the bullish outlook.
Conclusion:
With the support at $2950 holding strong and the market reacting positively to recent developments, ETHUSDT is poised for a move towards $3121. The market's response to the NFP report, causing a Bitcoin price drop and subsequent panic selling, adds an extra layer of volatility to monitor. Traders should watch for potential pullbacks and confirm the uptrend with volume and momentum indicators.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always do your own research before making any trading decisions.
(ETH) ethereumindicator look at the Ethereum price.
The green line trend represents a price headed to higher prices when the green line touches down. The green line is touching the 0 horizon. There are many different indicators to determine positive or negative directions. These indicators give a potential positive outlook.
Price of ethereum should retain some surmountable levels considering the hype and logical phase of ETH ETF. Ethereum did not go through a halving like Bitcoin therefore the future price of Ethereum is much more leading or telling based on history one might suppose.
Ethereum Keltner Channel 👀ETH reached local resistance in the form of the red zone of the channel, faster than the last cycle.
What does this tell us? The consolidation before the next move may be longer.
🤔Most will say that ETH has not reached ATH yet, so it should go up right now, I can say that ETH mostly lags in taking past highs and does it sometime after that like Bitcoin did.
💡And the phase of more active growth is at the end of the cycle, so be patient and the market will thank you with a profit.
ETHUSD Potential Bullish GartleyOn the daily chart, ETHUSD has a short-term shock and retreat, and the bearish trend is dominant. The current market is expected to fall further, with the downward target looking at around 2970. When the market reaches around 2970, you can pay attention to the potential bullish Gartley pattern.
ETH(based on NEo wave)two scenarios for eth is:
1:triangle that the last wave is E and this correction is the last wave of that and it will start to goes up.
2:the bow tie pattern that has more corrective waves.
Same Pattern Repeat Last YearLast Year(2023) ETHUSD created two stage drop parallel pattern(Red) from Apr. to Sep. (lasting for 6 months).
This year(2024) ETHUSD seems repeat the same pattern.
If it is in this case, Maybe it will ending this pattern around August for the same half year period.
Last year After two stage drop parallel pattern, ETHUSD breakup the drop resistance at around the end of Sep 2023 and beginning of Oct 2023.
If the pattern same, then accumulation period is estimated around 2 months.
Let's observe its development.
ETHUSD - Washout watchSimilar to the BTC chart, watching ETH though this one a little cleaner with more downside potential
ETH - Neutral to BullishETH - Neutral to bullish. I'm expecting some choppy sideways action until the ETF's get rolling. A good buy point for new entrants into this trade would be at 2816. I'm thinking if we get to that point, that will be the turnaround for a nice hard move up as ETF's are still selling right now. ETH can very well hold at this level too, since we are at key MA's before continuing upward but we can easily hold around 3,200 as well based on MA's and the trend. So short term, I can see a normal pullback and if that happens, I'll be looking for a nice "W" pattern to play out. I'll be looking for TP levels of 3,900 to 4,000 and timeline would be weeks to months on this one. Invalidation would be if we do not hold around the 2,800 level.
ETHUSD#ETHUSD - H1 Analysis
📣 On the 1-hour timeframe, we anticipate that breaking the resistance level of the consolidation pattern around 3380 could pave the way for a price increase up to the 3550 level.
⛔️ Stop Loss: 3200
Conversely, if the support level around 3240 is broken, we could expect a potential decline in price towards the 3100 level.
⛔️ Stop Loss: 3380
EthUsd Possible sell continuationPrice on a downtrend, after CHOCH on the 4hr. price heading to a sell zone for possible sell continuation.
Remember : Risk Management Very Important
Targets for Ethereum: 10k-20k Based on Coinbase Orders and FiboFor Ethereum, I believe the approximate targets could be 10k-20k based on Coinbase orders and the 1.618 Fibonacci level. I think greater growth might come from Ethereum's L2 solutions, specifically Arbitrum, Optimism, and zkSync.
eth,long,White line support.The local downward target happens to be supported by the white line, which is the upper boundary of the oscillation range.
feeling the vibes man. ETH to Moonjust the vibes. I feel like this is going to get going soon. did well in the past.
