ETH) to U.S. Dollar (USD) A potential bullish reversal is indicaETH/USD (Ethereum vs. US Dollar)
4-hour chart, meaning each candle represents 4 hours of trading activity.
2. Key Chart Features
Support and Resistance Zones:
Resistance: A rectangular box near the $2,600 to $2,800 price zone. This area previously acted as a ceiling where price was rejected.
Support: A box near the $1,700–$1,750 region. Price has bounced off this area, suggesting a strong demand zone.
Fibonacci Circles:
These concentric circles are used to project potential support/resistance levels and timing based on Fibonacci ratios.
The price seems to be reacting near some of these circle lines, which are drawn from a major swing high to swing low.
Price Action:
There was a strong downward movement (highlighted in blue) followed by a consolidation.
A potential bullish reversal is indicated on the right, with a possible breakout to the upside shown by the green arrow and price projection box.
Risk/Reward Setup:
A long trade setup is illustrated:
Entry around $1,800
Stop loss near $1,417.5
Target around $2,100 or higher
This reflects a bullish outlook with an upward price trajectory.
3. Indicators and Tools Used
Fibonacci Retracement and Fibonacci Circles
Price Action Zones (Support/Resistance)
Projection arrows and rectangular zone for trade visualization
ETHUSD trade ideas
3k before august, is it real?Looking at history, ETH corrections of 65–75% have often been followed by sharp rallies. I believe we’re in a similar situation right now. With the upcoming Pectra upgrade on the horizon, there’s a strong chance we could see this pattern repeat.
At the same time, ETH is currently undervalued — not just against BTC, but also compared to many altcoins.
In my opinion, ETH is the most undervalued asset in the market right now.
Nice squeeze ETHWe're still in a negative trend from December, but as you can see the situation is becoming a squeeze, what happens often after this is, if the green indicator breaks this line, there is a good chance that the next consolidation will be around 2000
Normally when that happens, people react and buy because they think its going to continue, and this brings more liquidity to the market
its is what is called FOMO - fear of losing out, and it can affect the actual trajectory big time
causing it to continue its climb until no one has any more funds to put in
but looking at the previous years of Eth and whats been happening this year, its the lowest eth has been in three years at this time of year
its an indicator too that anyone who is actually interested in eth will get on board, because of these trend signs.
So what ever your ideas or choices, know that Eth has a very strong buying price point right now. It can't really get much better.
Bullish break or bearish breakTo me its bullish and quite tike the bears trying to find the way to reject it. If still in a buy becareful; be sure buy it at the right time..
So look if it breaks above 1,800 then it can go up to 2000 but it keeps the momentum to go higher then 3200 and lastly 4000. Baby steps; but if the rejects hits time after time and after time then possible will drop to 1250 or a little lower.
Lets see what happens
ETHUSD Will Go Higher! Buy!
Please, check our technical outlook for ETHUSD.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 1,565.07.
Considering the today's price action, probabilities will be high to see a movement to 1,821.41.
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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
Ethereum - The Perfect Crypto Trade!Ethereum ( CRYPTO:ETHUSD ) is retesting massive support:
Click chart above to see the detailed analysis👆🏻
For the past four years, Ethereum has overall been trading sideways with significant swings towards the upside and downside. As we are speaking, Ethereum is retesting a significant confluence of support and if the bullrun actually continues, Ethereum will rally parabolically.
Levels to watch: $2.000, $4.000
Keep your long term vision,
Philip (BasicTrading)
ETHUSD INTRADAY capped by resistance at 1,724 The ETH/USD pair is exhibiting a bearish sentiment, reinforced by the ongoing downtrend. The key trading level to watch is at 1,724, which represents the current intraday swing high and the falling resistance trendline level.
In the short term, an oversold rally from current levels, followed by a bearish rejection at the 1,724 resistance, could lead to a downside move targeting support at 1,409, with further potential declines to 1,350 and 1,265 over a longer timeframe.
On the other hand, a confirmed breakout above the 1,724 resistance level and a daily close above that mark would invalidate the bearish outlook. This scenario could pave the way for a continuation of the rally, aiming to retest the 1,840 resistance, with a potential extension to 1,926 levels.
Conclusion:
Currently, the ETH/USD sentiment remains bearish, with the 1,724 level acting as a pivotal resistance. Traders should watch for either a bearish rejection at this level or a breakout and daily close above it to determine the next directional move. Caution is advised until the price action confirms a clear break or rejection.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Ethereum H4 | Pullback resistance at 50% Fibonacci retracementEthereum (ETH/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1,746.35 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement.
Stop loss is at 1,980.00 which is a level that sits above the 78.6% Fibonacci retracement and an overlap resistance.
Take profit is at 1,436.95 which is a swing-low support.
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ETHUSD potential head and shoulders bottom patternOn the 4-hour chart, ETHUSD forms a potential head and shoulders bottom pattern. Currently, we can focus on the support near 1470. If it falls back and does not break, it will be expected to rise. The upper resistance is around 1750, and the breakthrough will go to the resistance near 1956.
Bullish bounce?Ethereum (ETH/USD) has bounced off the pivot which has been identified as an overlap support and could rise to the 1st resistance which acts as a pullback resistance.
Pivot: 1,481.30
1st Support: 1,383.21
1st Resistance: 1,594.06
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