ETH / TF 4h / 17.08.241. Structure and trend are downward
2. There is BOS 4H
3. Capture of fractal, a sign to short
4. Momentum: seller's strength is higher than buyer's
5. OB 4H will be pierced, price will rush to capture liquidity SSL EXT $2508.28
ETHUSDT.PS trade ideas
ETH ltf distribution eeth formed utad which confirmed Wyckoff distribution formation shorted at iFVG with bb sl above high closing
ETH (Ethereum): Approaching ResistanceTrade setup : Price broke below its 200-day moving average, which signaled downtrend. However, it got oversold (RSI < 30) near $2,400 support and bounced up. Also notice the unusually high volume, which also suggests that a lot of sellers have already exited. Momentum is inflecting bullish again (MACD Histogram rising) and price could reach $2,850 resistance. This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall downtrend. The recent launch of nine ETH Spot ETFs could also boost demand for ETH. Learn to trade chart patterns in Lesson 8 and set Stop Loss levels in Lesson 9.
Pattern : Price is Approaching Resistance , which is a level where it could pause or reverse its recent advance, at least temporarily. Resistance is often a level where price got rejected in the past, or potentially prior Support level that was broken. (concept known as polarity). Once price breaks above resistance, it can advance higher to the next resistance level. Learn to trade key levels in Lesson 7.
Trend : Short-term trend is Strong Down, Medium-term trend is Strong Down and Long-term trend is Strong Down.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $2,400.00, then $2,100.00. Nearest Resistance Zone is $2,620.00, then $2,850.00.
Eth / Usdt BINANCE:ETHUSDT
Eth Now have Two Mode I mentioned The red Box Pretty Interesting The First One is 2,780
And The Second One IS 2,433 . Ethereum (ETH) is another prominent cryptocurrency that, like Bitcoin, experiences significant price fluctuations. Currently, Ethereum's price is observed with two key levels of interest: $2,780 and $2,433, which are highlighted as potential points of focus on its price chart.
The price level of $2,780 is often considered a resistance point. Resistance levels are prices at which selling pressure may increase, potentially causing the asset to struggle to move above this point. If Ethereum approaches this level, it might face challenges breaking through it, leading to potential price stabilization or even a reversal if the resistance holds.
Conversely, the $2,433 level is identified as a support point. Support levels are where buying interest may emerge, potentially preventing the price from falling further. If Ethereum’s price drops to this level, it could find buying strength, which might stabilize or even push the price upwards if the support holds firm.
Both of these levels are crucial for traders and investors to watch. If Ethereum moves towards $2,780, it could signal a test of resistance, while a dip towards $2,433 might indicate testing of support. Monitoring these levels helps in making informed trading and investment decisions based on potential price movements and market trends.
Disclaimer : I am Not Financial Adviser
ETH Ascending Wedge, Uptrend Channels and Repeating Patterns2nd Box in the Chart
First, when we look at the boxes on the chart, we can notice the horizontal accumulation zones that continue upwards sequentially. Now, let's look at the 2nd and 3rd boxes. In the 2nd box, we see a downtrend channel. After the price uses the bottom region of the box as support sufficiently with this downtrend channel, it gives the first upward breakout, and the uptrend process begins.
3rd Box
Now, let's look at the 3rd box. The price reached the EUROTLX:4K region, and despite many news events like the ETF, that price region acted as resistance and went down. Meanwhile, a downtrend channel similar to the one in the 2nd box formed. If we look closely, we can see that the price has already started using this downtrend channel. I think this process will continue similarly to the 2nd box. In other words, I believe that the upward breakout process will begin when the price squeezes until the end of the convergence between the downtrend channel and the bottom support region of the box. This could likely take a few months because there is quite a bit of space between the downtrend channel and the lower support of the 3rd box, and the price hasn't started squeezing yet.
After Breaking Upwards
After the price breaks upwards, I think it will move in a structure similar to the purple-colored movement, more or less. This is because the two uptrend lines below form an ascending wedge, and I believe the price will somehow catch up with this again.
ETHUSDT- 1DThe structure of the market for ethereum in the form of channels and Elliott waves in the long term shows that ethereum can record new ceilings in the coming year, I imagine the fractal movement according to the shape.
ETH long PumpAt the moment, ETH is lagging behind BTC. But the situation is fully formed and a sharp pump to the upper limit of the sidewall should be expected.
If you take a deeper look, then the level of 2500 was held, which means that there are few participants in the market to go lower and knock out their stop-losses
ETH/USDT 1D Trade idea It's no secret, Ethereum has been struggling this Bullrun.
Outperformed by Solana and other new emerging L1's, a permabearish ETH/BTC chart and losing market share in terms of volume on chain to its competitors.
The daily chart is a difficult one to digest as a fan of ETH, despite the ETF approval and the institutional investment that has come with it, the trend is an obvious downtrend of late and shows no signs of changing anytime soon...
The ETH/BTC pair is a similar story only the downtrend has been the case for much longer, unable to keep up with bitcoins price gains. Bitcoin is currently -20% from its ATH set earlier this year, Ethereum is yet to break its previous ATH set in '21 of $4850, -47% at current price which is way off BTC.
For me there are two possible entries:
- A mid range reclaim would then target a range high move going into the end of the year.
- A safer entry of filling the wick set in the beginning of august with a slow grind down, sweep liquidity, reclaim and pump from there.
Both situations would require BTC to behave as always.
Donald Trump Now Holds Ethereum Worth $1 MillionDonald Trump, the former President of the United States, has made headlines once again, but this time it's not about politics—it's about cryptocurrency. Recent financial disclosures have revealed that Trump holds between $1 million and $5 million in Ethereum ( CRYPTOCAP:ETH ), placing him among the prominent figures in the digital asset space. This revelation comes at a time when the crypto market is facing significant volatility, particularly for Ethereum, which is experiencing heavy selloffs and ETF outflows.
Trump’s Deepening Involvement in Crypto
The disclosure of Trump’s Ethereum holdings marks a significant shift in his financial strategy, particularly given his past criticisms of cryptocurrencies. Once dismissive of Bitcoin and other digital assets, Trump now appears to be embracing the crypto world, not just as an investor but as an active participant in the burgeoning market. His Ethereum ( CRYPTOCAP:ETH ) holdings, valued at up to $5 million, suggest a calculated move to diversify his wealth and capitalize on the growing influence of digital currencies.
But Trump's involvement doesn't stop at Ethereum. He has also earned millions through NFTs (Non-Fungible Tokens), a digital asset class that has exploded in popularity over the past few years. According to the financial disclosure, Trump has raked in over $7 million from NFT licensing deals, making him a significant player in the NFT market as well. His NFT projects, including the controversial Trump Digital Trading Cards, have generated over 15,808 ETH in trading volume on OpenSea, one of the largest NFT marketplaces.
The Crypto Influence of the Trump Family
Trump's foray into the crypto world isn't an isolated endeavor. His family, particularly Donald Trump Jr., has also shown a keen interest in digital assets. Trump Jr. recently launched a Telegram channel dedicated to cryptocurrency and decentralized finance (DeFi), which has quickly amassed over 11,000 members. This initiative, dubbed "The Defiant Ones," signals the Trump family's growing influence in the crypto space and their intention to leverage this new frontier for political and financial gain.
The timing of these revelations is particularly noteworthy as they coincide with Trump's ongoing campaign for a return to the White House. His deepening involvement in cryptocurrency could be seen as a strategic move to align himself with the rapidly growing number of crypto enthusiasts and investors, a demographic that has become increasingly influential in American politics.
Ethereum’s Tumultuous Moment
Trump’s significant Ethereum ( CRYPTOCAP:ETH ) holdings come at a time when the cryptocurrency is under intense market pressure. On August 15, spot Ethereum ETFs saw a net outflow of $39.21 million, reflecting waning investor confidence. This was further exacerbated by a major whale selloff, where 2,978 ETH were dumped, adding to the bearish sentiment surrounding the digital asset.
Crypto analysts have issued warnings of a potential correction in Ethereum's price, with some predicting a drop below the crucial $2,000 support level. The combination of ETF outflows, whale selloffs, and technical indicators like the TD Sequential flashing sell signals all point to a challenging period ahead for Ethereum.
Political Implications and Market Impact
Trump’s crypto investments, particularly his substantial Ethereum holdings, add a new layer of intrigue to his political persona. His entry into the crypto space could resonate with younger, tech-savvy voters who view digital assets as the future of finance. Moreover, it positions him as a forward-thinking leader who is willing to embrace new technologies, a narrative that could play well in his presidential campaign.
However, Trump's crypto dealings could also attract scrutiny, especially from regulators who are increasingly focused on the digital asset market. The fact that Trump has quietly amassed a fortune in Ethereum while the broader market faces regulatory challenges and volatility could raise questions about his motives and the potential impact of his financial decisions on the market. Donald Trump is making his mark in the crypto world, and the implications could be far-reaching.
In the ever-evolving landscape of cryptocurrency, Trump's actions may set a precedent for other political figures to follow, potentially intertwining the worlds of digital assets and political power in unprecedented ways.
ETH: Is ETHEREUM About to Crash?Is ETHEREUM About to Crash?
Technical Analysis:
Ethereum (ETH) has formed a bearish wedge pattern, suggesting a potential downward move.
A strong resistance zone near $2,780 has pushed the price back down.
Consequently, ETH is likely to continue its decline in the coming days.
Key support levels to watch are $2,450 and $2,330, with the possibility of further drops to $2,200.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Are we expecting 73% or 75% Drop for ETH just like before? Just like on march 2020 was drop to 73%, and now we probably expected to drop till next year
New Bullish Move From Here To The 2950$👉 The Ethereum Price Completed 5 Waves Of Impulse And Currently Bounced From The 2550$ Area Which Is Wave C From Main Wave 2 PRZ
📈 Expect a Bullish Move From Here Toward a 2950$ As a Next Target
The occurring pattern happened on ETH's price action.I found that this is the pattern ETH has been doing since its inception.
5 day timeframe.
The result of the previous analysisThe result of the previous analysis 🤙😎
The previous analysis had no feedback, while it could have been of great benefit to you
Maybe 1k just in 2 hours :)
ETH LONG IDEATHIS MY ETH LONG IDEA FROM IRL TO ERL
MARKET JUST GAVE THE MSS AND RIGHT NOW ITS RETRACING
there are many confluences for longing eth from the blue price note 2496+GP which is basically a liquidation level but it might tap GP as well and fvg too good luck who ever see this IDEA you better DYOR
Bearish Signal ! ETH broke 4h trendline.ETH Just broke the trendline on the 4h and had a retest. Big bearish engulfing candle.
Enter now or wait for pullback on lower timeframe
Minimum 2RR
ETHUSDT SHORT RESULTSETHUSDT
SHORT
TARGET 1 DONE
440% LEV X 100
88% LEV X20
congratulations for all followers
tx for trust me
patience is key of trading
#ETH rebound expectation has been realized📊#ETH rebound expectation has been realized✔️
🧠 We started to rebound after getting support near the buying zone. Now we are blocked near the resistance zone again. We need to be wary of the risk of a pullback and don’t chase the rise in the resistance zone⚠️
➡️Congratulations to the friends who followed Wolf King to print money and received generous rewards.
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BITGET:ETHUSDT.P
ETH Update - 15.08.2024 / Long trade idea1d: got a reaction after liquidity withdrawal in the buyer's block order zone and came to the seller's imbalance.
Now rebalanced to the breaker imbalance zone and key level.
1h: here we move on the upward flow of orders.
Removed liquidity in the local breaker imbalance and left liquidity behind the key low.
Here I see something either after inversion on the order flow or after liquidity withdrawal from the key low!
Breaking Support Line ??ETH is about to break a support line that has been trending since August 6-7th.
Will this break break down to finish corrective 5th?
Or will it be a fake out and rebound from here.
I am looking at a potential small rebound in the mid bollinger on my chart, after that and head to my 0.382 target, I plan to exit at the first Trend Base Fib Time Zone.
Bitcoin & Ethereum Approaching Decisive Levels!In this video, I dive into the current status of Ethereum and Bitcoin. I discuss why both tokens are approaching decisive levels. Moreover, I also highlight what might happen in case Ethereum and Bitcoin can't manage to stay above these level.
Enjoy and let me know your thought!
2024-08-15 ETHUSDTThe price of Ethereum (ETH) has steadily rebounded from its low of $2666, demonstrating the market's continued confidence in cryptocurrencies. With an increase in trading volume and positive market sentiment, ETH is expected to break through the key resistance level of $2900. The support level and moving average indicators on the technical chart both indicate an increase in buying power, suggesting further upward potential for prices in the short term.
ETH/USDT 4H chartHello everyone, I would like to invite you to a quick review of ETH/USDT, taking into account the 4-hour interval. As you can see, the price, despite the nice rebound, still remains below the downward trend line.
Moving on, we will move on to determining support and here the price is currently bouncing off the support at $2,427, then we have strong support at $2,204.
Looking the other way, you can see how the resistance at $2,805 rejected the sudden upward movement, only when it overcomes it will it move towards the resistance at $2,987, and further towards the very strong resistance at $3,237.
