ETHUSDT.3L trade ideas
ETHUSDT - Preparing for a Reversal? LocalI'm observing some interesting price action on the 15-minute chart for ETH/USDT. We’re currently in a short-term downtrend after hitting a recent high around $3,600, but there are signs the momentum could be shifting.
Key Levels:
Resistance: $3,250 – we’ve seen several rejections here recently.
Support: $3,050 – this level has held multiple times, showing buyers are stepping in.
Trade Idea: If we see a clean break and close above $3,250, I’ll be looking for a possible retest to go long, targeting the $3,400 zone, with a tight stop just below the support level. However, if $3,050 breaks, I’m expecting a deeper correction towards $2,900.
Risk Management: Keep the stop loss tight and watch for confirmation on the breakout to avoid any bull traps.
Let’s see if the bulls have the strength to push higher or if we’re in for a deeper pullback.
Ethereum Looong!This crypto coin has been forming a pennant for the past few weeks, and it has completed the pattern(1 Week).
I do anticipate that this price will continue with the bullish momentum but we first waait for the price to break out of the structure.
Ethereum (ETH): Possible Bigger Rejection Coming!Ethereum seems to form a good rejection zone here where 2 strong bearish candles took dominance here (and the 3rd is not forming yet).
We are keeping our attention on that third candle here, and as soon as we see a full control of sellers near this zone, we are going to look for that CME gap to be filled, so far everything looks good.
P.S. On on bigger timeframe, ETH is still bullish, so stay safe!
Swallow Team
ETHUSDT: triangle Pattern (Bearish Trend)ETH is moving in triangle Pattern, and also formed Bearish Divergence on 1hr time frame, Market is overall bullish, but as per technical analysis ETH is in bearish trend. So for the confirmation of the bearish trend we will wait for the break of the triangle of take a Short Trade.
ETHER - Potential Move Ahead
Ether is nearing a breakout to a potential downside. However an upside move cannot be ruled out so please be mindful.
The "Risk !" label indicates zones where price reversal is possible. The higher the risk level (e.g., Risk !!!), the greater the likelihood of a potential reversal.
For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management.
If you found this analysis helpful, please consider boosting and following for more updates.
Disclaimer: This content is for educational purposes only and should not be considered financial advice.
Ethusdt plunged in the channel, the target to 3,125 USDTEthereum (ETH) is currently showing a significant decrease in a 1 -hour time frame, moving in a discount channel. With the current price of nearly 3,214 USDT, ETH seems to be having difficulty overcoming resistance around this area. If ETH cannot break the resistance threshold of 3,218 USDT, the downtrend may continue and push prices to lower support levels, namely $ 3,125.
Investors should closely monitor ETH's developments in the near future, especially when the price reaches the resistance of the channel. If this trend continues, ETH can decrease further, bringing short -term sales opportunities to short -term trading people.
ETH January 2021 VibesI have a feeling that the price increase in ETH from January 2021 will repeat in January 2024. Just a few days to go. ETH has been lagging recently, but don't forget that it is one of the big players in crypto. Once the train leaves the station, everyone will start getting on board. ETH is giving me January 2021 vibes.
ETH Super LongBroke through 3200 price range and found support on 100 day MA .
Open interest is at it's lowest on 1 hr timeframe.
1hr MACD just flipped bullish .
Big increase in 1 hr volume.
With ETF inflows effect about to take place next leg up should break above 4000. Long term target is 10000
Eth3S /UsdtBYBIT:ETHUSDT.3S
🚨 Eth3s Update 🚨
So, here’s the deal with Eth3s 💸:
The price is currently sitting at 0.0091 🔻, but it's not a confirmed support level yet. ⚠️
Some people are eyeing 0.1123 as a potential resistance 🚫, but it's not really a strong support area either. ❓
Honestly, it feels like a shitcoin to me 🚮, so not much to get excited about unless price action shows more solid signs. 📉
Reminder: This is NOT financial advice! 🙅♂️ Always do your own research before diving into coins like this. 🔍
#Crypto #InvestWithCaution #DYOR #Eth3s
ETH ANALYSIS FOR AUG24Hello friends,
As you can see in the chart, we expect (ETH) drop to (696) this month
with an entry point at (3288.66) and stop-loss at (3323.91)
If you are interested in other currencies or stocks
please request them in the comments.
Wishing you all the best, see you in another analysis.
continueOops, I'm still waiting for it to go down/a gap around $3000 must be filled to go up/after it's filled, we'll wait for signals and reactions
ETH broke out, ATH is next targetETH was in a bullish pennant who had already broken out weeks ago but really started to move toward their target after US elections.
I don't believe much in pattern targets because in my experience they're not reached very often but considering that this time the target coincide with last ATH I think it's very likely to be reached. This will only be the first step, I think ETH should go up to 10-12K.
I don't usually trade ETH but I think it will eventually do pull a 3-4x. If you have to buy I would suggest to buy on a retracement since it has pumped for 7 days in a row now.
Good luck
ETH ETFs approved = sell the newsGuys I know what you're thinking which is probably "yeeeeah, ETH ETFs are finally approved, ETH to the moon" but as I said back when BTC ETFs got approved, this won't be the case, at least not right away!
I expect a "sell the news" event because this is just another news after all!
As you can see here (circled drop), the days who followed BTC approval price dropped around 17%, probably in this case it could be more.
I suggest not to touch ETH now until the euphoric moment disappears and we see where we are headed.
Good luck
The Banana Zone Series - ETH Buy the Dip Levels (2 of 10)The Banana Zone Series - ETH Buy the Dip Levels (2 of 10)
Alt-season is here. BTC breakout has been confirmed. If you missed positioning for the next level of exponential moves, what are some of the buy the dip zones while still have time for the bigger moves into the banana zone.
We continue the series with Ethereum ( CRYPTOCAP:ETH ).
As you can see in my analysis, pull backs to $3040 and below is my new accumulation zone. I will initiate some leveraged longs for new trades in preparation for the moves to the banana zone in the alt season.
For more aggressive traders, $3121 and below can be the trigger longs with tight stops.
Not a financial advice so DYOR.
ETH Update🕯There is a great opportunity - buy Ethereum at the $2150 - $2200 support level.
❓As you can see, this level acted as a resistance through the whole 2022 - 2023 bearish market. It must hold, otherwise bull cycle is done.
📊Since this is a major asset, you can even consider using x2 - x5 leverage for this trade.
Ethereum price rise might give green light to the new altseasonHello traders,
Ethereum price started to recover after a prolonged fall.
Ethereum recovery is on early stages and at the moment it's need more confirmations.
ETH price slowly approaching its main resistance to date and it will be big test if the price manages to rise above it or not.
In case if ETH manages to breakout above 3000 resistance area and hold there then we can expect continuation of the uptrend.
But in case if ETH price fails to do so then we probably will see another correction to around 2400 area. I don't expect this correction to last long though.
As we are approaching Q4 2024 I expect overall crypto market recovery and the main drivers of this recovery should be Bitcoin and Ethereum.
One more thing, historically, every altseason begins from ETH price recovery and growth of ETH dominance, after that liquidity start to flow to other altcoins. I expect this to be true in Q4 2024.
Please, do not forget to boost this idea and leave your comments below, thanks.
ETH/USDTPLEASE TRADE AT YOUR OWN RISK reason 15 min ob respect with 4 hour zone and for upper lqd zone tare at your own risk
ETH Long Fair value gap between 2990 and 3023 has been filled.
Broken through 3K resistance. I think price is headed for 3500 now.
MACD also flipped bullish .
ETHUSDT.P PERPETUAL Coiling up for action
Dear Intraday Degens,
How are you all doing?
Here's ETH on the 30-minute chart, and it looks like it's coiling up for action. We're seeing higher lows forming, with yesterday’s close acting as support. Volume is looking solid, and the resistance we're aiming to flip is from 02/24/2024, which isn't particularly strong.
Keep those charts open—I have a feeling something’s about to happen, hopefully in the right direction!
Stay safe and happy trading!
Alikze »» ETH | Ascending channel🔍 Technical analysis: Ascending channel and corner alcove formation in the green support box area
- Continuing the analysis of the previous post , the Ethereum currency faced selling pressure after reaching the daily and weekly supply range.
- After the formation of a Double Top pattern, it has had a zigzag correction to the green box range.
- It is currently moving in an ascending channel, where the recent correction has intersected with the bottom of the channel and the green box.
- Therefore, I expect it to grow up to Fibo 0.78 and the dynamic trigger after the swing breaks and creates a higher LH.
- In addition, a corner pattern with higher bottoms of the ascending channel is also formed.
💎 Alternative scenario: If it fails to break the swing and does not stabilize above it, and also sharply corrects towards the green box, it is most likely that it will break it and continue correcting towards the Buyer Zone.
💎 Probable scenario: Currently, the probable scenario is the bullish scenario according to the bullish channel and also the corner pattern pattern. Therefore, after reaching the goal, the dynamic update will be done again.
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BINANCE:ETHUSDT
ETH thesis with RAG AI by Titan_Karma Thesis: Analysis of Ethereum (ETH) Market Conditions for November 9, 2024
Abstract
This thesis evaluates the potential for profit through a strategic long position in Ethereum (ETH) based on recent market data. With a confidence level of 85%, the analysis incorporates real-time trading metrics, market sentiment, technical indicators, and volatility measures to assess the validity of entering a long position. The underlying approach combines fundamental and technical analyses, exploring factors such as volume trends, support and resistance levels, and social sentiment towards ETH.
1. Introduction
The cryptocurrency market exhibits significant volatility and rapid changes in sentiment, making it crucial to adopt a data-driven approach for high-frequency trading strategies. This thesis focuses on Ethereum (ETH), analyzing the market conditions on November 9, 2024, and presents a structured assessment for a potential long position.
2. Data Sources and Indicators
Market Sentiment: Bullish, supported by social media sentiment and market participant behavior.
Trading Volume: High at 306,994.58 ETH, indicating strong market engagement.
Current Price: $3043.59.
Key Data Providers: Coinglass, Binance, CoinMarketCap, Augmento.ai, and CryptoCompare.
3. Technical Analysis
Price and Support Levels:
Current Price: $3043.59.
Resistance Level: $3083.82.
Support Levels: Significant buy walls identified at $3030 and $3020.
Momentum Indicators:
RSI: Above 70, indicating overbought conditions.
Stochastic Oscillator: Bullish, suggesting ongoing upward momentum.
MACD: A recent bullish crossover highlights a favorable environment for entering long.
Volatility Indicators:
ATR: Low, showing reduced volatility conducive to entry.
Bollinger Bands: Tightening pattern, often preceding a breakout.
Moving Averages:
MA20: The current price remains above the MA20, reinforcing the bullish trend.
4. Market Data Analysis
Coinglass Data: Increasing open interest with a weighted funding rate leaning bullish and stable liquidation levels.
Binance Order Book: Presence of significant buy walls that could sustain price movement above current levels.
CoinMarketCap: High liquidity and substantial market capitalization around $360 billion, indicating a robust trading environment.
Augmento.ai Sentiment Analysis: Positive discussions around ETH predict potential bullish outcomes in the near term.
CryptoCompare News Sentiment: Analyst perspectives remain optimistic, noting Ethereum's breakout potential.
5. Entry and Exit Strategy
Entry Criteria:
Timeframe: 15-minute chart for rapid assessment.
RSI: Above 70 (bullish but cautious near overbought).
MACD: Bullish crossover.
Price Position: Above MA20.
Bollinger Bands: Price nearing the upper band.
Positioning:
Trade Direction: Long.
Stop Loss: Set at $3000.00 to mitigate risk.
Take Profit: Targeting $3100.00.
Exit Point: Tentatively set at $3050.00 for a balanced risk-reward approach.
6. Conclusion
Based on the gathered data and technical indicators, Ethereum currently shows a favorable environment for entering a long position. The existing bullish sentiment, coupled with positive volume trends and supportive technical indicators, underpins the confidence in this recommendation. The proposed stop-loss and take-profit thresholds ensure a balanced approach to capitalize on potential price appreciation while maintaining risk management.
7. Future Recommendations
Future assessments should continue to track changes in order book dynamics, sentiment shifts, and technical indicators on a shorter time frame to refine entry and exit strategies. Additionally, monitoring news sentiment shifts on CryptoCompare and trading volume fluctuations will be crucial for adjusting trade positions to market trends.
CLEAR SIGNAL FROM THE "MCD"if you pay attention to the RSI it gives clear sell signals or an assumption ok notice between the volatility of the «MCD» more or «RSI» IF YOU LOOK CLOSELY it gives CLEAR SIGNS OF LOSING STRENGTH. which is equal to the decide, the RSI tends to break and make a supposed rise, it gives clear indications of decide, the orange line of the MCD is taking strength downwards because the blue line is making a curvature up there, but the RSI is fully indicating clear evidence of range at 3,149.00, notice this, analyze each bar on the chart, if necessary, we have tendencies, the loss of strength of the "MCD" has higher bars. greens and other lighter greens think about it ««««««««...
