Ethereum will continue in Jan/Feb 2025Fractal analysis similar to the ones I make for Bitcoin. Let's try this.
ETHUSD trade ideas
EthereumETHUSD full cycle target 4410 will end next march
- support (3177 , 2800)
- targets (3600 , 4000 , 4410)
Eth bullish #etheryum #ETH #Bitcoin
Eth/usd time w
The bottoms, in the price chart and rsi are repeated.
Inside Bayesian, bullish repeating patterns and possibly the start of a bullish wave
Has the rising wave started?
Watch Ethereum's MVRVThe MVRV is a metric that compares the current market value of an asset to its realized value, offering insight into potential overvaluation or undervaluation.
This is a great indicator because it helps identify points of extreme market sentiment—whether assets are trading above or below what most investors paid for them. When MVRV is high, assets are generally overvalued, signaling potential profit-taking phases, while lower MVRV values often indicate undervaluation and possible buying opportunities.
Currently, CRYPTOCAP:ETH MVRV hovers around 1.2 , suggesting that Ethereum’s market value is slightly above its realized value. Historically, ETH has bottomed out when MVRV dips below 1 , as it indicates capitulation among investors and a favorable accumulation phase. If ETH's price trends lower, it could suggest an upcoming period of opportunity for value-focused investors .
On the flip side, MVRV readings above 2— particularly in the 2-3 range —indicate an overheated ETH price. At this level, ETH tends to be overextended, marking a range to watch for potential rallies nearing their peak. Keeping this threshold in mind can help spot when a cooling phase might be on the horizon.
Calm Before the Storm for $ETHWith the ability to develop smart contracts and decentralized applications (DApps), #Ethereum is a leading force in decentralized finance (#DeFi), #NFT s, #gaming, art and more!
If you think #ETH is dead, you're probably an ethereum killer maximalist investor!
ETH - Breaking Out Into Phase 2 of The Path To AltseasonEthereum is closing a very strong week here and as I have already covered with my clients now appears to be in prime position to begin its period of market dominance known as:
"Phase 2" of the " Path To Altseaon ."
Notice that ETH.D is just below the June low and so this is an area of higher liquidity ripe for a reversal.
Also it is in a 1:1 Golden Window from the thrust candle top of distribution, which further increases the chance of a reversal.
And that appears to complete a long term 3 wave correction.
...
So far ETH hasn't performed as strongly as in previous market cycles...
But even with the wild selling climax of August, it only retraced back to the log 0.382 ratio.
That is a shallow and bullish ratio.
Notice also that it tidily wicked into support and the demand line, but never threatened to break through.
Those were ideal buy points.
And the strong recoveries from these areas were a show of strength.
So now comes the best buy point with momentum because this is an extremely strong weekly close in a few minutes.
Its been a very sleepy phase but that's about to change in a hurry.
Up and up from here 👨🚀🚀.
Not advice.
Ethereum (Eth) Back to $3,500 and likely higher possibly $40kEth is back above support, being bought up on to higher lows every attempt below $2500, and eying $3500. Expect $4300 to hit as well and new highs to come later this year.
I know it sounds crazy but I'm expecting near $40k ATH now.
Incredibly bullish ETHUSD. Upper price target estimate $18400Ethereum is very oversold despite the foundation implementing many positive changes to the transaction system. Layer 2 solutions have made Ethereum very useful and as far as price appreciation, I do believe that the Ethereum Foundation is providing solutions to problems that the community has been discussing and is the best altcoin in the space when it comes to innovation and technological advancements from the start. Please don't take this as an accurate estimate of upper price target, but rather, what I personally believe to become a realistic estimate for how I FEEL and where price could go in the future.
[ETH] Still not clear yetCOINBASE:ETHUSD seems to be making similar fractal with last year. Last year, the price also keep going lower before make a sudden move to the upside.
In any case, the latest high must be flipped into support first to move into positive zone.
That would means a close above $ 2,800.
#Ethereum winks at the 2025 mega bull!Before the 2021 mega bull, we witnessed the retest and accumulation process in August, September and October 2020.
CRYPTOCAP:ETH is in the final stage of the retest and accumulation process in August, September and finally October before the 2025 mega bull.
ethusdCRYPTOCAP:ETH #Ethereum consolidates above 2-year uptrend support and prepares for the next major uptrend wave!
Ethereum's Path to $4,200: Rising Channel Signals Big MovesHello, fellow traders! I'm excited to share my latest insights on Ethereum. Let's dive into the long-term trends and what they might mean for us in the upcoming months.
Current Market Structure
Ethereum's price is developing within a long-term rising channel, showcasing a series of higher lows and higher highs since 2022. This pattern indicates a sustained bullish momentum.
Key Support Level: $2,000
This level is crucial. Holding above $2,000 suggests Ethereum may continue to rise within the channel.
A breakdown below could signal a potential shift in the trend.
Potential Price Movements
Upside Potential:
If Ethereum remains in the rising channel, there's a strong chance we could see a move up to the previous all-time high (ATH) around $4,200.
Breaking above $4,200 might pave the way for new ATHs.
Resistance and Reversal Risks:
The previous ATH at $4,200 could act as a significant resistance point.
There's a possibility of a pullback from this level, potentially leading to a "stop-loss hunt" scenario that might drag prices down to the $3,400–$3,200 area.
My Outlook
I'm anticipating movement within the rising channel towards $4,200 in the coming months. At this key level, caution is essential. Considering taking profits or adjusting positions could be a wise strategy.
What do you think about Ethereum's current setup? Are you observing similar patterns or have a different perspective? I'd love to hear your thoughts!
If you found this analysis helpful, please give it a like and follow for more crypto insights. Best of luck to all the hodlers and traders out there!
ETH/USDT 1D Interval chartHello everyone, let's look at the 1D ETH to USDT chart, in this situation we can see the price struggling to get back above the local uptrend line.
Let's start by setting goals for the near future, which include:
T1 = $2,471
T2 = $2,569
T3 = $2,642
T4 = $2,730
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $2,372
SL2 = $2,274
SL3 = $2,150
[ETH/USD] Let's keep it simpleDon't favour INDEX:ETHUSD price action TBH, but from MACD perspective, the price is bullish (at least start the bull journey).
As for current price action, just rely on basic principle : remain in bull scenario as long as price doesn't make new low (i.e., supports holds), and EMA doesn't make death cross.
For now, enjoy the price retesting its support.
Ethereum Price ConsiderationsHey there, Ethereum enthusiasts!
If you like my graphics, send some 💙💛
Gather 'round because we've got something to talk about.
Picture this: a pattern that blending elements of a Double Bottom and an Adam and Eve formation. This kind of pattern often signals a big turnaround.
Now, let's dive into the nitty-gritty. The chart's telling us that Ethereum is probably not going to dip below $1500, and honestly, it's looking quite sturdy around this range . Of course, just to be safe, let’s consider a scenario where Ethereum sees a little dip, but hey, let's keep our fingers crossed that it doesn’t tumble below $800.
But here’s where it gets interesting: the sweet spot is right around $2000.
If Ethereum manages to break through this level, we might just be on the road to reclaiming its all-time high of nearly $4840, a number that still echoes in our minds from the crazy days of 2021.
Now, here’s the exciting part: my optimistic side sees Ethereum soaring to a fantastic $14000, but remember, the crypto loves to surprise us.
Prices could skyrocket beyond our dreams or settle around $8000.
The road ahead is full of twists and turns, but hey, that's what makes this journey so thrilling, right?
Ethereum breaking Resistance and this time is for realETH is breaking up resistance at 2300 probably to never came back again to this level, it is a rare weekly opportunity to buy this asset, this is not financial advise, I am not your financial advisor, do your own research.
[ETH/USD] What happen to ETHBINANCE:ETHUSD Seems to lose its steam lately, don't know what happen. It's also weak relative to BTC.
Need to wait the MACD breaking out that trend line, not touching this token for now.
#Ethereum mega bull loading!#Ethereum ASCENDING TRIANGLE formation is active.
A big breakout is being prepared before the mega bull
[ETH/USD] Interesting pattern on ETH 4 hour chartINDEX:ETHUSD is forming this interesting pattern on its 4 hr chart.
