$ETH 200 Moving Average Test then Rocket?CRYPTOCAP:ETH 200 Moving Average Test then Rocket? It would make sense if a correction occurs following this sideways action post-$4,099 reached. Perhaps not so deep as some predictions, but potentially $4,865. Not advice. I do not know jack. by goldlot70114
ETHEREUM TO $4,640!I posted this trade before entry in the Covesta community but forgot to post it here so here is a mid trade update lol! Generally speaking i think ETH was pretty shaky prior to the BTC rally starting in late November which resulted in all ALT's rallying so i think some of the bearish / sideways momentum in ETH has been covered due to the general successful outlook on crypto. I would like to see ETH push higher and i would anticipate that happening based on current market conditions coupled with the data the charts are providing. As you can see i entered this trade at $3,691 after a pull back on the fib confirming the 61.8% price rang, as well as a rejection from the 9/21 SMA's on the 2hr. There is also an area of support at around $3,750 which helped support ETH to push higher and finally ETH has been in an upward cycle clearly shown by SMA's on all higher time frames. After bouncing from this level there was some slight consolidation around the $3,870 price point likely due to it being a key level so a lot of position's would be liquidated here causing relief & for the markets to lose some momentum / pull back. ETH has since broke through that key level as well as reaching the EUROTLX:4K mark. I have now moved my stop to $3,880 to lock in some % as well as remove risk on this trade. My first target is $4,245 with a secondary, longer term target of $4,630. These targets are based on key levels and fib projections which are based on historical data. Longby h77nry14
ETH BULLISHThis chart is bullish trend, trading above the 200 SMA and 50 SMA, price action is still above the 8 EMA after an 8 EMA - 34 EMA cross on November 6th, 2024. Maybe a throw back 3800-3900, or consolidation here, until we move up to about the 4300 Range. ETH looking strong.by yourfrencrusher2
$ETHUSDNot financial advice. BITSTAMP:ETHUSD working its way up according to the Fibonacci levels. News aside it the ETF gets approved CRYPTOCAP:ETH won't be the only one to turn bullish but, in my opinion, all the altcoins and projects in the same ecosystem. Like and subscribe for more ideas. Thanks.by alex666666Updated 229
ETHTF: 1 Hr ETH has made a nice leg higher, price may dip down back into previous volume before moving higher. I like the POC shown on the chart + the 0.50 to 0.618 retracement of the previous up move as an area for retesting if it decides to pull backby MC_Mike_Trading1
Look for Spikes to get Long EthereumLate to the crypto bull run? Maybe not! Technical Analysis is not about predicting the future... it is about identifying opportunity. COINBASE:ETHUSD has been bullish for a few weeks and I've been patiently waiting for it to trigger a setup. I got what I was looking for on Tuesday of this week and it made for a great teachable moment combining my Spike Indicator, 50% Retracements, and Volume Profile. Another "MUST TAKE" opportunity that traders should study and look for...Long05:36by norok1113
ETHUSD 2025 ForecastEthereum is repeating the same price action it did in 2021, but fast with 1 month. It will go to the middle between Fibonacci 1 and 1.618 (~$6000), correct to Fibonacci 1 (~$4900) in the end of January or beginning of February. After this, it will go to, approximatively, the middle between 1.618 and 2.618 Fibonacci, which is $10.000, a big psychological level. This will happen in April. After this it will correct to the 1.618 Fibonacci level during summer and go to the final cycle high in October at 2.618 Fibonacci level (~$11.000-$12.000). The only difference is the previous cycle high was 3.618 and now it is at 2.618. This is because of the law of diminishing returns.Longby lifestylemaniacsrt0
ETHUSD wait for pumpAs we can see weekly chart price now is near major resistance zones and soon we can expect breakout to the upside and heavy pump will lead and new ATH is also expected. DISCLAIMER: ((trade based on your own decision)) <<press like👍 if you enjoy💚 Longby MMBTtraderUpdated 2234
Ethereum (ETHUSD) : Time to Position for Profits!Ethereum (ETH/USD) is currently positioned for a bullish breakout, and I am excited to share my analysis with fellow traders. Bullish Sentiment and Technical Setup The current price action shows ETH testing the $4,000 resistance level, which, if broken, could trigger a wave of FOMO buying, propelling prices towards $4,500 and beyond. With the Relative Strength Index (RSI) reflecting strong buying momentum, now is an opportune time to consider long positions. I will be utilizing probabilities to strategically enter into long trades, focusing on support levels around $3,600 to $3,700 as potential entry points during any pullbacks. Several fundamental factors are contributing to this bullish outlook: Institutional Interest: Recent reports indicate that BlackRock has made a significant investment in Ethereum, purchasing over $230 million worth. This institutional backing is a strong signal of confidence in Ethereum’s future. Market Dynamics: The overall cryptocurrency market is experiencing renewed interest as Bitcoin has surpassed the psychological barrier of $100,000. Historically, Ethereum tends to follow Bitcoin's lead, and this correlation suggests that ETH could also see substantial upward movement. Technological Advancements: Ethereum's ongoing developments in DeFi and NFT sectors continue to attract users and investors alike. The upcoming upgrades and increased adoption are likely to bolster its price further. In summary, the combination of technical indicators pointing towards a bullish trend and supportive fundamentals creates a compelling case for trading ETH/USD long. As we navigate this exciting market landscape, I encourage fellow traders to stay vigilant and consider positioning themselves for potential gains in the coming weeks. P.S. If you have any questions about how I trade probabilities with the overall market direction, feel free to reach out. Let's capitalize on this momentum together! 2W: Hourly Timeframe Entry: Longby Jasminex1x29
ETHUSD Price Target + Viewer UpdateGreetings Everyone, Content Part 1 I have attached a price target based on analysis of ethereum/ usd. That is it! This comes to the end of the Ethereum price target post. Content PT 2 Viewer & SubscriberUpdate: I will try and role out a series of ideas over the next couple days that will be beneficial to know heading into the new year. To start off there are a few things I will like to address: A) I do not take all the trades of the Ideas I post. Either the trade does not trigger or due to portfolio allocation - I do not have the allocations to be adding to all the positions I see. However, I do believe there are tons of good potentials that can be found with some digging. As a result, I will find the best ideas based on my own research and post these ideas. If a stock is not moving “appropriately” I will quickly cut from my watchlist — I do not have any bias to any one ticker. Going forward, I will post in the title or body if I am getting involved or not. - Stocks that I am not involved with ie. not tracking not trading or not in my portfolio: SPCE, GOOG, CELH, XOM, TD, FXI, Mobile EYE, XRP. - Some stocks that I have had and or traded and or actively tracking: HIMS, ETH, MSTR, LINK, COIN, XAGUSD. B) Market Dynamics: The market is always changing. It will fluctuate between times of risk on and time off risk off. It is in your best interest to be able to identify these time periods. We are currently in a risk on environment spearheaded by Cryptocurrency and new emerging financial tech companies ie. Robinhood, Affirm, Coin, Block. This is not a recommendation for any of these companies. Assuming your portfolio has been stagnant during this very rampant market it’s time to “consider” NFA adding healthy cash flowing business from these hot sectors. C) Small part of my process often follow this Process. There are times when this process changes. Understanding Fundamentals -> Technicals -> New Products / Innovations or Leadership D) I will separately upload photos to Dropbox in order for you to get a better view of my chartsLongby coilemard3
ETHUSD-SELL strategy 2D chart GANN SQIt has been moving up sharply in line with BTC, which also starts looking very overbought again. Further, there is a greater potential to see lower, than higher based on RSI and other indicators. Strategy SELL @ $ 3,950-4,050 and take profit at $ 3,450.00.Shortby peterbokma3
ETH to 2300 within a week. Big correction coming for cryptoLeverage out of control this cycle. It's been to easy to get to $4000 so we need a complete market reset with a huge bounce from $2300. Just another day in the crazy crypto space. Shortby m5beemerUpdated 332
Ethereum Momentum- Very quick update. - Ethereum is nearing a critical breakout from this triangle. - Once it breaks, it could go parabolic, potentially soaring to $15,000 - Altcoins will follow. - brace yourself as time is ticking. Happy Tr4Ding !Longby thecryerUpdated 2225
ETHUSD - Moving Above 200MA As price moves above the 200MA on this daily timeframe it allows price to move up quickly. Comparing the last time this happened led to a 129% run, should expect a run similar or greater than that movement as it moves above the 200MA again. BullishLongby Bixley1111
POTENTIAL ETH SUPER MELT to 1200*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. The picture looks nice… play it smart go in small to begin with. Small things turn to bigger things with the help of forward progress and momentum. Don’t over risk your account. Start small. Right now is best position for a way down if it’s going to go that way. Shortby l2xinvestors664
ETH SELL BACK TO 2800*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. Stop loss above high Take profit 2800s area Each green line represents a potential area to scalp in at. Wait for retest of each resistance and selling pressure after retest before entering for scalp positions. Shortby l2xinvestors110
Ethereum is the easiest crypto to trade right now🟢 Ethereum is the easiest crypto to trade right now As an altcoin, one of the biggest, COINBASE:ETHUSD is not yet in the bull cycle. Once BITSTAMP:BTCUSD ends the bull cycle we will see altcoins to rally and appear interesting, but for now everyone is focused on BTC. When PROs start to see that BTC cycle is almost over, the money will move to altcoins in order to create another bull cycle and make even more money. ✅ What pattern is unfolding in COINBASE:ETHUSD ? ETH has formed a giant triangle during the last 3 years. Now, we have a clear resistance trendline which is great in order to place our buys. Furthermore, the support line is also clear, so we also know the levels where ETH will be cheap BUT not in a bear market, so we can add up to the portfolio more ETH. 💰 How to trade this chart pattern? The logical way is to wait for the breakout and buy over 4k$, but you can also buy each time the market approach the blue support level betting for a latter break out. While the price is still inside the triangle, you can also trade the range, but shorting ETH right know is such a difficult bet! 🛡️ The risk management strategy As we have done in so many previous ideas, remember you can split the position in 2. - 50% of the position in a take profits as large as your stop loss (adapt SL and this 1st TP to local supports/resistance levels). In this case, a 6 to 8%. - 50% of the position to a price as large as the previous pattern, which would mean a profit of 150% to 200%. ✴️ ENJOY AND FOLLOW for more 😊 Longby TopChartPatternsUpdated 10
If Bitcoin is gold, Ethereum is silver If Bitcoin is gold, Ethereum is silver. As far as I'm concerned, Ethereum is still far too cheap. I expect at least a target of 7.5k fib extend and 1.618 previous ATH. But honestly, even then, Ethereum is still super cheap. As far as I'm concerned, Ethereum can go to 12k plus with a possible x4 previous run and a target of 20k. For now 7.5k as the main target for our Silver Ethereum, which is secretly gold in our hearts. Be kind to each other and the world.Longby RidgerR4
ETHUSDWe hit the previous target pretty quick. Now we watch this resistance we're at right now. If broken we could reach 4,400. But if price retraces back to 3,950 then could find another buy entry. Don't get trapped looking for sell setups. Happy Hunting.Longby Otimothyy4
ETHUSDT Long Term TargetETH/USDT Broken triangle, this is a trend continuation. Price also approaches to main resistance. If resistance broken, price will accelerate toward main target which is on the chartLongby therealisticworldUpdated 1
ETHUSD Possible buyIf we successfully breakout of M15 trendline and horizontal resistance, watchout for retest and buy that sh*t.Longby OtimothyyUpdated 4410
The current current state of ETH and BTC bull markets As you see by the chart, we broke out of a descending trend recently for ETH and we had a tight ascending channel, which we now have broken out of again, likely ETH will make another really nice jump soon on the break out. This appears to be early on in the ETH break out where ETH appears to be lagging BTC by at least a couple of weeks. We also see that BTC reversed a short term descending channel recently, broke out of it and that helped it surge past $100k with ease and now we are in an ascending channel that is a break out from BTC's prior ascending pattern. BTC Chart We also see that since ETH has started breaking out, it has really impacted the BTC dominance chart, BTC has lost over 5% of its market dominance in the last week or so. BTC Dominance chart Overall both of these seem real bullish. I dont actually hold or trade either one, though I came up on ETH, where I started buying ETH at .88 cents each. I dont trade them because the chances of either having 50%-100% gains in a day is pretty much impossible, even 20% is not likely they are just such large caps with so much order books and participation not to mention ETF impact. But there are a lot of cryptos that are running 20%, 50%, 100% every day. The thing is, if BTC/ETH are in bad health, it makes trading anything a risk because when they dump they effect the market. At the moment, it does not look as though BTC or ETH are staging anything that would cause any significant negative impact to alts other than if they run hard and thats where all the money goes. for order books they both seem strong with positive trader sentiment though BTC had pulled back it appears to be building rapidly again. Longby EncryptShawn113
ETH Pushes Back Into Bullish Explosion Territory +500% IncomingETH has pushed back into the Long Term Channel, from here, we could see an explosion in the price of Ethereum up to the channels equilibrium which sits at around $24,000, 500% gains away.Longby Who-Is-Caerus6