ETH must break 4K to stay within the channel!ETH must break 4K soon to continue on its upward channel. upper limit ~ $6700
ETHUSD trade ideas
Ethereum broke the down trendCOINBASE:ETHUSD
Did ethereum brake the down trend or is it just a pin to get the bears' stop losses.
ETH/USD. Technical analysis from 28.01.25 (Hold BUY!)Glad to welcome everyone!
On Monday, there was an event that truly shook the US stock market and the cryptocurrency market in particular. In brief, friends from the Celestial Empire created an AI called DeepSeek, which is an analog of chatGPT. It is cheaper to produce, with free libraries, consumes less power, runs faster than other AIs, etc.
This news mostly hit the tech sector the hardest. Indices are recovering from the correction. Cryptocurrency market is also feeling confident (Link to analysis on btc/usd pair below).
Regarding eth/usd pair. The price continues to consolidate in a descending triangle within the corrective wave 4. 3070$-2985$ is the key volume auction. This zone has more than once been the strongest support from which the rebound took place. A breakdown of this zone and updating of the local minimum will indicate the continuation of the downtrend.
For buyers, it is extremely important to break the upper boundary on aggressive volume and consolidate above $3486, which will confirm the bullish mood. I still hold my position, and I don't plan to retreat. The rats run away from the ship first. The captain is faithful to the ship till the end! The targets are the same: 3700-3800$. Good luck to all traders and don't forget about risk management.
Translated with DeepL.com (free version)
Remember How I Said Not to Sleep on ETH Ok this it HUGE 👀 > Remember how I said not to sleep on Ethereum.... Well it just started it's Jump the Creek Breakout of a Descending Broadinging Formation.... Thats just a fancy way of saying Altcoin Season is Coming. This move has the potential to push the entire market into the parabolic madness we love in Crypto. We will always want to wait for the Re-Test for Entry!!
NEW ATH POTENTIAL
Profit Targets:
TP 1. $3718.26
TP 2. $4220.02
TP 3. $4979.86
TP 4. $5596.28
Stop Loss:
I am not using a Stop-Loss as I will play this move with Long-term holdings. However if you wanted to use one:
Stop Loss: $2908.46
#Ethereum $2923 x $4091The Ethereum inverted head and shoulders pattern will continue to move upwards unless the right shoulder makes daily closes below the $2923 level. If daily closes are made above the $4090 level, the upward movement may transition to a parabolic phase.
ETH | Falling Wedge Follow UpSo far so good as we saw price fall ~8%
Need to see price flush out after this retest for a continuation as we head for $2,850
ETH fabonaccifabonacci never failed its either 1.6, 2.6 or 3.6 is the top for eth . You can dyor but if eth pump hard in upcoming 11 month these will my targets.
don't be greedy. i will sell 30% at $6500 per eth and rest hold for the hard rally. pump will isane i guess.
DYOR - do your own research and invest wisely. crypto are always a risky asset
$ETH Sets a new ATHStay postive on CRYPTOCAP:ETH , it broke out from a bearish pennant i have on the chart. a retest at $3300 then off to new all ATH 5000-6000.
just know i said this
Ethereum Has Broken The Point of Control -3700 Next- Alts FollowTrading Fam,
This Ethereum pullback since December has been rough, but I think we've seen our local bottom as Ethereum bulls take the helm again. One of those bulls happens to be Trump. Does he know something we don't?
I don't know what Trump does or doesn't know about Ethereum but I do understand what this chart is telling me.
First of all, you guys all know that I love my proprietary indicator which was hand coded by Mr. Claude AI. When we have high volume large cap alts and stocks, this thing almost never fails to be right. Ethereum meets this qualification and you can see that my Dots and Blocks indicator has given me a GREEN DOT right inside a large liquidity block! This is fantastic and surely means more buying will ensue.
Indeed it has. We are currently breaking above that VRVP point of control which intersect with our descending trendline. This is hugely significant! Our next stop then should be around 3700 for Ethereum.
And since Ethereum tends to lead our altcoin market most, I tend to believe our alts are going to follow Mr. Ethereum up.
Our BTC.D chart agrees:
And it's looking like the OTHERS chart does too!
If you've had patience thus far, I'd encourage you to hang tight just a bit longer. I sense good things are coming your way for both Ethereum and our altcoin market.
✌️ Stew
Ethereum LongPrice has maintained its position above the daily support level since November 14th, 2024.
Key Observations:
1. A buy-side imbalance and sell-side inefficiency(BISI) or Fair Value Gap(FVG) formed on the 4-hour timeframe, indicating strong buying pressure on the daily support level.
2. Price is currently holding above the 4-hour order block, partially mitigating the Institutional Order Flow Entry Drill(IOFED) .
Near-term Scenarios:
1. Price holds above the 4hrs order block, maintaining bullish momentum.
2. Break and retest of the trend line will be followed by a potential rally to the trend-based Fibonacci extension level of 1.618.
3. Price revisits the Consequent Encroachment(CE) properly mitigating it, and building momentum for a potential move to the trend-based Fibonacci extension level of 1.618.
Key Levels to Watch:
- Daily support level
- 4-hour order block
- Trend line
- Trend-based Fibonacci extension level of 1.618
- Consequent Encroachment Level of the FVG
Remember, this analysis is for educational purposes only and should not be considered financial advice. Always practice good risk management.
The latest Ethereum analysis shows a compelling breakout from a The latest Ethereum analysis shows a compelling breakout from a symmetrical triangle, presenting a clear trading opportunity. This move comes after a prolonged period of consolidation, with the price now aiming for higher levels. The first price target (TP1) is set at 3,700, serving as an initial test for buyer strength. 📈 If this level is successfully surpassed, the second target (TP2) at 4,460 will be in sight, where further resistance is expected. Traders should closely monitor market reactions at these levels, as any move beyond could signal a more bullish long-term trend. 🚀
ETH CORRECTION ON MAJOR SUPPORT #ETH On the Major Support of Corrections!
The Probability on this scenario highly anticipated that market started to reject and decline the lower low structure to break the $3000 price zone.
BYBIT:ETHUSDT
This Price level are the Key eye of interest from majority of the traders on the market, however the $3,000 level was only reach to take liquidity and reach most of the Stop Loss position.
I speculate and assume that this coming Swing High will reverse direction eventually and we will wait for the Price Confirmations of this Corrections.
A Long Entry Position is really interesting at this phase to place on the right timing, Specs some market movement volatility for the today Index as well to be positive for Crypto side.
The second step in analyzing ETHUSD and predicting market movemeThe first step is to know in what time frame and in what degree of waves we are looking to complete what pattern.
And the second step is to determine Q
It is the end point of the previous pattern and the beginning of the latest pattern that we are looking for its end point.
The main problem is that in Elliot's (NeoWave) style, the end point of the pattern is not exactly at the extreme of the ceiling or the minimum of the previous floor, but it is usually in the last return and previous non-stop attack to that ceiling or floor where the previous pattern ended.
Where is the importance of this article? In fact, since in our high-grade pattern, we are assuming a large diametric in the three-month timeframe, and in the lower grade timeframe, we are looking for a combination in branch D, the second branch of which is also a diametric.
And add one thing above that diametric is a pattern whose time limits are more specific and the price emphasis in the branches is purely expansion-contraction or contraction-expansion compared to the middle branch (abc-d-efg) that is the same d is
So the diametric starting point is very important for measuring lag time.
Suppose in the attached image, the end point of big C and the beginning of branch D with a WxY structure, which can possibly even expand to WxYxZ, is in the form I have depicted. So we are exactly looking for the end of the larger D and in the heart of it the Y branch of WxY as well as the g branch of a smaller diametric in log Y, which is ironically in the form of a triangle that I wrote in the previous post in the 45 minute time frame.
This was the first part of a very long explanation for this wave count that will continue. In addition to the explanation of the price action view of this chart and the modification of the desired price range and time that I will add.
Keep in mind that in the first chart I posted of Ethereum, due to not being calibrated and scaled, the price growth range was drawn very unrealistically. But I still emphasize that in the diametric pattern, in case of contraction-expansion, the price is in the second order in terms of the lawfulness of the movement, and it has a more limited time and lawfulness.
A supplementary explanation to the previous analysis of ETHUSD before the release of step-by-step analysis number two:
In continuation of the previous analysis of the Ethereum currency, as a supplementary explanation, the main movement is not considered in this recent movement. Rather, it is simply the movement in the formation of the last triangle leg of the 45-minute time frame, which I expect will be completed in the next two or three days, and will be the first confirmation of the previous analysis of a movement with high momentum.
I seriously emphasize that the possibility of expanding the log D pattern from a non-standard double to a non-standard triple ending with a triangle should be checked in terms of the time ceiling of the higher order pattern, which I intend to measure in the next analysis. I had to emphasize in this post that the expected growth will happen with more momentum than what we have seen in the past one or two days.
Potential bearish drop?Ethereum (ETH/USD) is reacting off the pivot which has been identified as a pullback resistance and could drop to the pullback support.
Pivot: 3,288.47
1st Support: 3,031.09
1st Resistance: 3,444.45
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ETHUSD WILL GO FOR BULLISH [Read Caption]Hello Followers I am going to publish my technical setup on ETHUSD, So share your opinion in comments about my analysis..
ETHUSD is respecting support very well, it is bouncing back from support around 3031/3065. According to me ETHUSD will go for long till the first target 3200 and if it break it then will reach to the second target 3310. Let me tell you guys second target is a major resistance also..
KEY POINTS:
CUREENT PRICE 3142
SUPPORT AREA 3031/3065
FIRST TARGET 3200
SECOND TARGET 3310
feel free to support my charts and also share it with your friends if you love my charts..
Ethereum’s Falling Wedge A Massive Breakout on the Horizon ?Ethereum (ETH/USDT) 4H Chart Analysis Falling Wedge Breakout Potential
Technical Breakdown
The 4-hour timeframe for ETH/USDT indicates a falling wedge pattern, a typically bullish structure that suggests a potential upside breakout.
Price recently hit $3,200, currently consolidating within the wedge formation.
The wedge pattern consists of lower highs and lower lows, compressing price action into a tightening range, which increases the probability of a breakout.
A breakout above the upper trendline could trigger a strong bullish move, confirming buyers stepping in.
Key Levels to Watch
Breakout Confirmation
A 4H candle close above the wedge trendline is crucial to confirm a bullish breakout.
Immediate Resistance
$3,500 This level might act as the first resistance after a breakout.
Support Zone
$2,750 - $2,700 – If price faces rejection, this zone could serve as strong support before another attempt to break higher.
Trading Strategy
Long Entry
Wait for a 4H candle close above the wedge trendline to confirm the breakout.
Stop Loss
Below $2,900 (recent swing low) to manage risk in case of a false breakout.
Targets
First Target $3,500 (psychological and technical resistance)
Second Target $3,900 (major resistance from previous price action)
Third Target $4,300+ (bullish continuation if momentum sustains)
ETH is at a critical inflection point, and a breakout above the wedge could lead to a significant bullish move. Keep an eye on price action, volume, and confirmation signals before entering any trades.
ETH/USDT 8H Interval Chart ReviewHello everyone, let's look at the 8H ETH to USDT chart, in this situation we can see how the price is moving in the downtrend channel, and you can see how we are approaching its upper limit. It is worth observing how the price will behave at this point because an exit on the top and therefore overcoming the first resistance can open the way to further increases.
Let’s start by defining the near-term targets that the price must face:
T1 = $3318
T2 = $3432
Т3 = $3569
Т4 = $3738
Now let’s move on to the stop-loss in case the market continues to fall:
SL1 = $3213
SL2 = $3017
SL3 = $2877
SL4 = $2700
Looking at the MACD indicator, we can see how it is attempting to return to the uptrend, while on the RSI indicator we are back near the mid-range, but there is still room for the price to go higher.
ETHEREUM (ETHUSD): Technical Outlook Many questions regarding Ethereum have been circulating, and I have provided a detailed technical analysis.
About a month ago, the market hit a significant daily resistance level and experienced a negative rebound.
Currently, the price is testing a strong support level horizontally.
By closely examining the chart and observing the price action, a falling trend line can be identified, indicating a classic bullish accumulation pattern.
The price is forming higher lows while respecting the descending resistance trend line.
I anticipate that the next bullish movement will begin after breaking above the resistance trend line, with a daily candle closing above it to confirm the breakout.
A bullish continuation could potentially lead to a target of 4000.
On the other hand, a bearish breakout of the horizontal support level may drive the market down to a support level of 2700.
$ETH tries to break out of the Triangle/Falling Wedge trendlineCRYPTOCAP:ETH gets ready to break out of the Falling Wedge & Triangle at the same time, as these two patterns share a trendline. I see many people have been entering longs all day long. And altcoins.
I'd rather wait. Buying right into resistance—that is not my style, to put it simply.
Momentum is looking pretty decent after establishing what looks like a Triple Bottom, but RSI is still below 50. I need to see it print a Higher High first because CRYPTOCAP:ETH 's Market Structure is still bearish—lower Highs & Lows.
Volumes have been unimpressive on the Daily too, and despite a slight increase today, I definitely need to see more to have any sort of confidence.
But the main test is the falling trendline, which Ether has been trying to break all day. So far, unable to.
Other factors playing main roles are:
1. The DXY (still stuck between support and resistance after filling its weekend gap below and finding support at a Fair Value Gap).
2. Nvidia still bleeding, causing fear across markets.
3. Ether vs. CRYPTOCAP:BTC chart, constantly bearish on the Daily, Weekly, etc. Shorter timeframes are showing a Double Bottom at exactly 0.030, and this could be the starting point of a reversal—necessary for all altcoins to do well.
To sum up, the main level to watch and set alerts for me is the trendline of Daily patterns.
Until that's broken, there is no way I'm opening any longs on altcoins. But I'm not trying to convince anybody—just collecting my thoughts here. Good luck. I know from the comments that some of you guys have been aping in. I wish you luck, as you will need it badly now.
💙👽
Ethereum Wave Analysis 30 January 2025
- Ethereum reversed from support zone
- Likely to rise to resistance level 3340.00
Ethereum cryptocurrency recently reversed up strong from the support zone located between the round support level 3000.00 (which has been reversing the price from November), lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from November.
The upward reversal from the support level 3000.00 stopped the previous short-term ABC correction 2 – which belongs to the impulse wave (3) from January.
Given the strength of the support level 3000.00, Ethereum cryptocurrency can be expected to rise further to the next resistance level 3340.00.
ETH is beyond bullish In the morning I saw the red candles and thought ok we broke out of the wedge, that means a longer term consollidation before the bullish breakout.
But now the daily candle almost close and you see the buyers pushed the price back into the wedge pattern.
So from a technical standpoint the wedge is still intact and that is super super bullish.
The reason why that is a super bullish sign is that today the bears had a chance to break the wedge structure but there was not enough selling pressure to do that.
A wedge pattern falling down like this almost always breakout to the upside.
The wedge pattern is the right shoulder of a bigger inverse head and shoulders pattern, if you zoom out you can see it on the daily.
So price is respecting the chart very good sign.
Off course tomorrow they can try to drop the price again lower out of the wedge but I doubt it because you see the price is already bought up again.
So fundamentally the only thing that we need is wednesday a positive FOMC meeting. And we go moon.
I cannot see anything that is holding us back now.
