HnS on $ETH Next what ?CRYPTOCAP:ETH is at important level making HnS formation and looks more bearish.
As a trader my job is to react the PA not forecast. Money management comes first before anything.
ETHUSD trade ideas
ETH/USD: Bearish Retest Likely Before Long-Term UpsideHello,
The current outlook for ETH/USD is somewhat negative. Pivot points on the daily, weekly, and monthly timeframes have acted as resistance, and there’s a potential for another retest of the yearly pivot point. While the short-term forecast leans bearish, the long-term remains bullish. Signs point toward a retest of 2282.606 before any potential upward momentum resumes.
TradeWithTheTrend3344
ETHUSD ForecastThe chart perfectly shows ETH to be in a falling channel.
But in the previous forecast I described why I see that ETH will fall by 10% at most and will grow further.
Therefore, I expect growth and exit from this channel.
ETHUSD-BUY strategy 90MIN chart There is slight BUYING pressure, plus we are near regression channel support. Further, positive stochastic helps the case of seeing higher levels again.
Strategy BUY @ 2,435-2,460 and take profit near 2,580 for now. SL based on personal wishes.
Ethereum: A Marketwide MergeThe entire Cryptocurrency market is about to undergone a "merge" type of situation, that is, everybody is about to lose money...
Good evening my fellow traders, how are you feeling in this wonderful day?
The weather is pretty strange over here, looks tricky, just like these charts.
The action between early August and now for ETHUSDT forms a bearish flag; bearish consolidation. The result of a bearish flag is the continuation of a bearish move. The continuation of the bearish move that started in March 2024 would lead to a new low. This new low would be equivalent to a lower low compared to August.
In this chart, there will be three stops:
1) $1,900
2) $1,750
3) $1,600 - $1,500
This is not just a drop but a down-move, the continuation of the bearish wave, the final leg down of the corrective phase that started earlier this year. This means that this won't be over in a flash. The bottom yes, it will happen fast but the move will develop throughout several days or weeks. It has been going for months now, Ethereum produced no real pull-back, the recent bullish action was weak.
Seeing some other Altcoins, we can say that there was some growth. Looking at Ether, ETHUSDT, we know that we will soon experience another low.
Since the market is interrelated, you can expect everything to move down; most of the pairs but not all.
This will open the doors for new players to enter the market and for smart traders to buy low.
Once the bottom is in, the rest is easy; buy and hold.
Buy and hold thinking of the long-term.
Buy and hold and accumulate.
Let it drop, then buy all throughout 2024 to sell only in 2025 after we experience major growth.
The market will speed up after February 2025. The first two months of 2025 will be going green. In late 2024 we will have the recovery. The correction happens now, it is set to end now.
Prepare to be merged.
Namaste.
Ethereum. All eyes on ma200 on the daily chart.I recommend considering longs only if we break through the MA200 on the daily chart. Until then, it is too early to consider longs.
ETHUSD Last call before $4600Ethereum has crossed above July's Falling Resistance and has started a new bullish phase.
A crossing above the 0.5 Fibonacci level, confirms the bullish extension.
This is the pattern that was followed last October (2023) right when the mega rally started.
Trading Plan:
1. Buy if the 0.5 Fib breaks.
Targets:
1. 4600 (the 1.5 Fibonacci level, in line with the Dec 7th 2023 High).
Tips:
1. The RSI (1d) has already been on a Bullish Divergence since the August 5th low. Similar pattern with the August 18th 2023 bottom. Perfect time and price symmetry.
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ETHUSD View!!The initiative is supported by German companies, including the global reinsurance firm Munich Re, which offers security against the common risks associated with cryptocurrency staking.
Staking with insurance
Bison’s partnership with Munich Re and Staking Facilities — a German staking provider — will enable the crypto trading platform to provide insured ETH staking.
The insurance is designed to cover the primary risk of “slashing,” which occurs when a network penalizes validators for improper actions, potentially leading to a loss of staked ETH.
ETHUSDPair : ETHUSD ( Ethereum / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves and " AB " Corrective Waves
Break of Structure
RSI - Divergence
Fibonacci Level - 38.20%
Demand Zone
ETH Best level to BUY/HOLD TP 50% gains🔸Hello traders, today let's review 8hour price chart for ETHUSD . strong gains recently off the range lows ,however currently price still stuck in the well-defined distribution range established in August 2024.
🔸We are stuck in mixed range / distribution, since previously price
dumped in the summer time therefore expecting more losses in this
market before an eventual recovery / bounce off the strong S/R below.
Range is defined by 2300 usd lows and 2750 usd highs. so far we are
still stuck in this range and I can't recommend any trades right now.
🔸Recommended strategy bulls: wait for a fake breakdown of the
recent range expecting one final swipe higher towards 2750 before
the eventual dump / breakdown. I got two important levels marked
down on my chart - 2 000 USD and 3 000 USD. Expecting price reversal
at/near 2 000 usd as the bulls will defend this level. Logical price target
for the swing trade setups for the bulls is 3 000 USD, this trade got
50% unleveraged/clean upside. Keep in mind that this is a swing trade
so naturally will take more time to hit TP. good luck, traders!
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Ethereum - Looking To Sell Pullbacks In The Short TermH1 - Bearish trend pattern
Currently it looks like a pullback is happening.
Until the two strong resistance zones hold I expect the price to move lower further after pullbacks.
Oct.1-Oct.7(ETH)Weekly market recapAfter the Federal Reserve cut interest rates, the Asia-Pacific markets, especially the Chinese stock market, experienced a strong rebound. On one hand, following U.S. restrictions on China in the import and export sectors, the Chinese stock market has underperformed relative to the Nikkei and the Mumbai Index. On the other hand, the Chinese government recently announced a reduction in the bank reserve requirement ratio to enhance the competitiveness of the Chinese market following the U.S. rate cut.
Although increased liquidity in the Chinese market benefits various assets, the U.S. market still dominates cryptocurrency trading, and the Chinese market has a certain degree of closure. Therefore, the performance of the Chinese stock market does not impact the cryptocurrency market, as evidenced by the stable performance of BTC ETFs recently.
Last Friday's non-farm payroll data did not show significant deviations, so the market will not conclude that we are entering a recession or recovering from inflation; rather, the economy remains under the control of the Federal Reserve. The CPI data to be released this week will further confirm this. If the CPI data does not significantly deviate from expectations, the market will still be driven by bullish sentiment.
Compared to BTC's bearishness, ETH is stronger. Thus, ETH experienced a larger decline last week and has had a weak rebound. According to the ME indicator, there is a possibility for further expansion of the yellow bearish zone. Similar to BTC, whale participation in ETH was low last week.
In summary, we believe that ETH may oscillate this week, with the likelihood of a decline greater than that of an increase. We maintain our original resistance level at 2,800 and support level at 2,100.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Time to buy ETH
A good support line can be seen.
Scenario
a) Either Ether goes down to the support line and then it's a better time to buy it (probably the last good chance in the cycle)
b) If it breaks the resistance line, then we can look for a place to buy Ether after the breakout.
Could Ethereum rise from here?The price has reacted off the pivot which acts as an overlap support and could rise to the 50% Fibonacci resistance.
Pivot: 2,399.85
1st Support: 2,311.61
1st Resistance: 2,522.01
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ETHEREUM - Time to buy again!The BINANCE:ETHUSDT is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD). also a bullish Hidden Divergence (HD+) on MACD which shows Positive Signs for ETH.
Note: we should wait for the breaking of the triangle and than make a move, If the triangle breaks, we expect a new ATH to occur, but in new year.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
ETHUSD BUY ANALYSIS TRIANGLE PATTERN Here on Ethusd price has form a triangle pattern and now try to break above the line 2431.52 so if this happen a trader should go for LONG and target a profit of 2502.21 and 2586.50 with stoploss of 2302.37 . Use money management.
ETH USD SWING LONGETH created a bullish pattern and completed a 3 wave correction. I am seeing a push to a higher highs before we see any bearish action. Trend trading 101.
ETHUSD: Local Correction Ahead! Sell!
Welcome to our daily ETHUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 2,415.1
Wish you good luck in trading to you all!
ETH/USD Long Trade Setup (4H Chart)
Entry: $2,412 (current price level)
Stop-loss: $2,312 (below recent support level)
Take-Profit: $2,734 (targeting a previous resistance zone)
Rationale:
Bullish Setup: We are aiming for a long position on ETH/USD based on the current consolidation and potential for a breakout above key resistance at $2,429. A close above this level could signal the beginning of an upward move.
Risk-Reward: The trade offers a favorable risk-to-reward ratio of approximately 3:1, with a $100 downside risk (stop-loss) and $320 upside potential (take-profit).
Key Resistance Zones:
$2,429 – Initial resistance. A break and close above will confirm bullish momentum.
$2,560 – The next significant resistance, marked by the Order Block (OB).
$2,734 – Final take-profit level.
Trade Management:
Stop-Loss: Placed at $2,312, slightly below recent support to allow for minor fluctuations while protecting capital in case of a market reversal.
Volume Confirmation: Watch for increased volume on the breakout above $2,429 to confirm strength in the move.
Market Structure Shift: We’re looking for ETH to reclaim the bullish structure and invalidate the previous bearish market structure after the recent pullback.
If the price fails to break above $2,429, be cautious as further consolidation or downside pressure could lead to a bearish continuation. Adjust positions accordingly and manage risk carefully.
ETHUSDTThe current price is trading below the baseline and key technical indicators such as RSI and Williams %R, signaling a potential shift towards bearish control over the price movement.
bulish eth...if cercul up breack the treand goes up and if you want entry to market by low risck you must choes cerule dawon...
ETHUSD: Market Is Looking Up! Buy!
Welcome to our daily ETHUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 2,454.31
Wish you good luck in trading to you all!
ETHEREUM - Bullish Scene because of Wedge Break outEthereum has broken out from falling wedge range after forming bullish divergence on Awesome Oscillator indicator. Scenario seems to super bullish for now.
