ETHUSDT 4HR TFETH Bounce Play Breakout Retest ready to launch!!! 0.618 Fibb Bullish Divergence Longby Recardo_Grower3
Ethereum (ETH): Sellers Dominating HeavilyEthereum, after breaking that sharp trend and supportive zone, has been seeing a huge seller dominance where price has made some good moves. Same as on the bigger timeframe, our attention is at the lower zone to see how buyers will react to that zone! Swallow Team Shortby SwallowPremium228
Ethereum (ETH): Slowly Reaching Major Support Zone!After a magnificent rejection near EMAs, we had a nice downward movement all the way toward the supportive zone. As of now we have had a nice 14% of marker price movement to lower zones where we still have some room to fall so keep your attention at that support zone! Swallow Team Shortby SwallowPremium116
ETHUSDT Today’s ETHUSDT analysis shows a potential bearish continuation. After a sharp 10% drop, the price is hovering around $2,390, signaling more downside risks. The chart indicates that ETH might enter a consolidation phase, with the price likely retesting the resistance zone between $2,839 and $2,535 before making another move lower. Key Levels: Resistance Zone: $2,839 to $2,535 Support Zone: $1,550 (major support zone highlighted below) Trading Strategy: Bearish Setup: If ETH struggles to break through the resistance zone, it may lead to further declines, potentially dropping to the support level at $1,550. Traders could look for shorting opportunities near the resistance around $2,839 with a target of $1,550. Stop Loss: Place the stop loss just above the $2,839 resistance to protect against any unexpected breakouts.by SuyouuUpdated 3
ETH Heading Down to 2000? Is That Possible?ETH Heading Down to 2000? Is That Possible? Ethereum is moving down significantly after Bitcoin began a larger bearish movement, as I explained in my previous analysis. ETH struggled to break through the $2730 resistance zone and showed hesitation. If we look at the historical price structure, ETH appears to be repeating a similar pattern, increasing the likelihood of a similar move. After any minor corrections, ETH may continue its downtrend, and this time, it wouldn’t be surprising if it drops to $2000. A very strong support zone exists between $2120 and $2190. If the price breaks through this zone, reaching $2000 could be an easy target. 🚨 Recent Economic Data Impact Yesterday, the US reported ADP September employment at +143K versus the expected +120K. This raises hopes that the NFP data on Friday may exceed expectations. If that happens, ETH could easily reach the $2000 target You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Shortby KlejdiCuni3311
Lingrid | ETHUSDT battle Between SUPPORT and Resistance LevelsThe price perfectly fulfilled my previous idea. It hit the target level. On the daily timeframe, BINANCE:ETHUSDT has been in a consolidation phase between support and resistance since August. Recently, a triangle pattern formed at the top of the range zone before the price dropped, likely influenced by the downturn in BINANCE:BTCUSDT . Currently, the price is approaching the psychological level of 2300, which has historically been respected multiple times. Additionally, the market is making lower highs and higher lows, indicating a narrowing price action. If the price approaches the 2300 level and shows signs of rejection, such as increased buying pressure, I expect a bounce off this support level. My target is resistance zone around 2525 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Longby Lingrid5522
Bitcoin, Yes! But What About Ethereum?Bitcoin's chart is doubtful, this cannot be denied. Not everybody can look at it and easily determine what is going to happen next. Not everybody can extract the hidden and subtle signals; but what about Ethereum? ➢ Ethereum and Bitcoin move together, they are siblings; what one does, the rest follows. ➖ Ethereum, ETHUSDT, has a clearly bearish chart, this is something we can all see. ➖ Ethereum peaked in March 2024, just as Bitcoin did. ➖ Ethereum produced a major low in early August, just as Bitcoin did. ➖ Ethereum is 100% bearish, just as Bitcoin is... Wait, is it? Yes, they are both one and the same. When one chart is doubtful, we can look around and we can find clues in other pairs that tend to move in the same way. Notice the volume breakout yesterday, the bear day produces twice as much volume as the daily average. Notice the lower high and the EMA377 resistance being confirmed. Ether is set to produce a lower low, this is clear, but what about Bitcoin? Will Bitcoin detach and move up while everything moves down? I don't think so... The market is set to experience one major drop. Think of early August but much, much stronger... Thanks a lot for your continued support. Namaste.Shortby AlanSantana1119
ETHUSDT SELL NOW!!ETH is now consolidating in a range. ETH is now under selling pressure! SUPPORT is between 2196 & 2291 RESISTANCE is between 2815 & 2728 ENTRY PRICE :- 2664 TAKE PROFIT :- 2456 STOP LOSS :- 2873 Shortby PraveenTrader1Updated 3
ETH - Retesting Support Again...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 ETH has been bearish as an over-extended correction phase, and currently approaching a massive support zone $2000 - $2,200. The support is also intersecting with a long-term trendline. Thus as long as the $2000 holds, we will be looking for long-term bullish setups. 📚 As per my trading style: As #ETH approaches the support zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richby TheSignalyst4430
New BottomWave (iv) of an Impulse originating from 3977 likely ended last Friday. Since the 2351-2439 zone serves as a support, a counter-trend rebound is expected. However, this should be followed by continued selling aimed below the August low of 2111. A trend reversal in favor of bulls can be discussed only if the descending channel is broken. The chart includes marginal zones, which should be used to determine the pivot point.by Nickonomics4
ETH Triangle Pattern on Daily ChartETHUSDT Technical analysis update ETH is currently forming a triangle pattern on the daily chart, indicating potential consolidation. The price could dip to $2,250 before a possible breakout to the upside. We can confirm the bullish move once the price breaks the triangle resistance and crosses the 100 and 200 EMA on the daily chart.by HexaTrades117
ETH Another retest of the ~2k lows before rocketship to 3.4k?ETHER - We want retest of the lows ~2k at - W Trendline support - W RSI falling wedge trendline retest - W GP Fibs jsut below (one more lower low to there?) - Elliot wave will complete 5th wave down of the C wave - D will be oversold if we drop into GP - Bull market breakout zone retest at ~2k - Daily Trendline (falling wedge) breakout - D EQ will start to fomr if we form a HL above 2150 We ENTER at red circle and have a STOP at 2150 TARGET 3.4K W Trendline if this plays out Stops in if we actually breakdown with followthru!!!!Longby Anunakii110
Ethereum (ETH): Broken Zones Resulted Good Downward MovementEthereum on a smaller timeframe has made a nice break of trend + break of that supprotive zone, which we have been looking to break for some time now. Price has secured both trend and support, and now we are looking for further price development to lower zones so we wait! Swallow Team Shortby SwallowPremium229
Ethereum (ETH): 10% Sell Happened So Far!Ethereum made a nice 10% movement since our entry zone, where price is now heading toward that lower support zone (which is our current target zone). We are waiting for the price to reach this zone and then we will be looking for a potential bounce or breakdown from there (depending on the market structure development)! Swallow Team Shortby SwallowPremium114
ETH/USDT Price Action Technical Analysishello guys. let's dive into ETH! Bullish Engulfing Patterns: Two significant bullish engulfing patterns are highlighted on the chart. These indicate a reversal of previous bearish trends, suggesting bullish momentum. Quasimodo Levels (QML): QML1: This support level, around the $2,585 region, was previously tested, and price rejected it, leading to the formation of the first bullish engulfing pattern. QML2: The second Quasimodo level is marked around $2,600, where the price has recently reacted and is currently finding support after a slight retracement. Resistance Zone: There's a clear resistance area marked just above the $2,680 level. Price might test this zone if it continues upward momentum. Key Support Zone: The support area is between $2,585 and $2,600, which has been validated by the market reaction at QML1 and QML2. Price Action Structure: After a corrective move down, Ethereum has been showing signs of recovery, with the market forming higher lows. The price is currently bouncing from the QML2 zone, looking to retest the key resistance at $2,680. ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and commentLongby melikatrader94Updated 119
ETHUSDT Faces Key Resistance, Downtrend Ahead?The ETHUSDT chart shows Ethereum currently trading within a sideways channel, with support around 2,400 USDT and resistance near 2,750 USDT. After a slight recovery, ETH seems unable to break through this resistance level and is now turning downwards. Combined with uncertainty in the cryptocurrency market and macroeconomic factors, ETH is likely to continue fluctuating within this range before possibly breaking the support zone. If the 2,400 USDT level is breached, a strong downtrend could push ETH to lower levels around 2,200 USDT or even further. Trading strategy: Traders can wait for ETH to reach the resistance zone near 2,700 USDT to enter a sell position, with a target of 2,400 USDT. If the price breaks below this support, continue holding the sell position with a lower target around 2,200 USDT.by Suyouu1
2024-10-02 ETHUSDTPay attention to the trading opportunities of backtracking and continuing to shortShortby adolphs112
#ETHUSDT Daily ChartPrice is currently still trading inside the daily breaker zone with no major movements. MACD is showing bullish weakness and EMAs are neutral. If price breaks the $2,510 area then we would expect it to tap into the daily demand around $2,350 before potentially moving up again. by saviour250
ETH breakout??Ethereum has generally been falling behind this Bullrun with some disappointing PA. Currently RTH finds itself able to prove some LTF strength with a breakout play on the 15m timeframe. After trending to the downside over the weekend ETH has hit a bullish OB and reacted well off that level that coincided with the bottom of the channel. Price has now broken out to the upside, retraced to test that level as new support and it's here where R;R is strong should ETH show some strength and push upward. Some points of confluence would be the 200ema now trending up and is at the same support level as the trendline, I'd like to see good support here. Easy invalidation would be a break in structure at the local low, along with a loss of the 200ema & trendline support. BTC's behaviour also a factor in this move too as it always is when HTF chop occurs. by ProR351
ETH PriceA falling channel pattern was noted, and ETH price faced bearish pressure and struggled to maintain momentum. by TheCoinRepublic0
Ethereum's Bullish Surge: Prepare for Massive Gains!Bullish Scenario: The chart shows a significant resistance zone between $2,750 and $2,825 (highlighted in blue). If Ethereum breaks above this resistance, it could indicate a potential bullish continuation. After breaching the resistance, the price may target the $3,000 psychological level, followed by $3,086, as indicated by the horizontal level. If Ethereum continues to create higher lows, this would confirm the strength of the upward momentum. Bearish Scenario: The green zone around $2,519 to $2,564 represents a key support level. If Ethereum fails to sustain above this level, it could fall back to test lower supports. A breakdown of the green support zone could lead to the next support $2,439. In a more bearish case, the next target could be around the orange support area between $2,117 to $2,172, indicating a larger sell-off.Longby TheCryptoCity8
$ETH/USDT Trading IdeaCRYPTOCAP:ETH formed an interesting structure. Ascending channel inside descending channel. Keep an eye on this mid. range +/- $2600. If the price climbs towards the upside my next potential target would that mid. range of descending channel +/- $2790; +/- $2800. Remember, bearish scenario is always on the table.by planfomo3