ETHUSDT, falling after bulls distributedHi, In previous idea i mistake with bulls correction. After 4H timeframe was analyse its clear bearish tendention after big bulls volume was distributed. Bears target 3539 - strong 4H X-Lines level. Support me.Shortby JinFlarkUpdated 4
#ETH has a chance to form a bearish head and shoulders📊#ETH has a chance to form a bearish head and shoulders📉 🧠We have been consolidating within the target zone after achieving our daily long target. From a structural point of view, we have the opportunity to build a bearish head and shoulders structure. A break below the uptrend support line 1 increases the probability of a bearish head and shoulders. After breaking below inflection point 1, a bearish head and shoulders is established.✔️ 🔥If this bearish structure holds true, then the short target area we will first focus on is around 3321-3365🎯 Don’t forget risk management💯 ✔️Trade safe✔️ 🤜If you like my analysis, please like 💖and share it 👋follow me. Learn about further structural evolution💕 BINANCE:ETHUSDT.P Shortby wolf_king8889
Eth Pump soon $3900Waiting for Eth confirmation to long. Inverse head and shoulder 4hr 50 ema bounce Attempting 1hr - 4hr bullish trend shift Daily and weekly bullish Waiting for retest entry.Longby FilnftUpdated 115
ETH: Approaching SupportTrade setup : Price is in an Uptrend. Following a bullish breakout from a Descending Triangle pattern, price spiked up 25% and reached our near-term target of $4K. However, it got overbought (RSI ~ 70) and is pulling back on some profit taking. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break above $4K to signal continuation of uptrend, with +17% upside potential to its ATH of $4,700, or 2) pull back near $3,200 support for another swing trade entry in Uptrend with upside potential back to $4K. Learn to trade chart patterns in Lesson 8 and set Stop Loss levels in Lesson 9. Pattern : Price is Approaching Support , which is a level where it could pause or reverse its recent decline, at least temporarily. Support is often a level where price has bounced up in the past, or potentially prior Resistance level that was broken. (concept known as polarity). Once price breaks below support, it can move lower to the next support level. Learn to trade key levels in Lesson 7. Trend : Short-term trend is Up, Medium-term trend is Strong Up and Long-term trend is Up. Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $3,200.00, then $2,930.00. Nearest Resistance Zone is $4,000.00, then $4,800.00.Longby altFINS1
High probability of ATH breakEthereum on the monthly timeframe shows a strong engulfing candle, confirming the strength of the upward trend with its close. Ethereum has a key support level at $3500. This support level can serve as the starting point for a new upward leg towards the previous all-time high (ATH) after completing its pullback. From a technical analysis perspective, if the $3500 support level holds and bullish patterns continue, there is a high probability of breaking the previous ATH and continuing the upward trend.by MonoCoinSignal4
What do Ethereum fans think ? TM : 1hHello dear traders. You can see two areas on the chart, you can enter the position depending on the sale and buy area. And I made a serious decision to share the important areas of my personal strategy for free if supported. by itsbluemorpho1
ETH monthly bullishAs, new month starts as per monthly analysis. Engulfing candle pattern formed. It can come to test FIB gold zone in this month. but looks promising for long my idea wait for monthly breakout or wait for FIB testing zone. but I will go long after this two confirmation. top of last bull run tradeline breakout retest and after this engulfing is created. Let's wait for the best don't forget to go long. Longby MeghalTrivedi115
ETH/USDT 4HOUR CHART UYPDATE Hello friends, welcome to this ETH update from Crypto Sanders. ETH/USDT Brief Update Ethereum (ETH) is currently trading within a head and shoulders pattern on the 4-hour timeframe, as seen in the chart. Here are the key points: ETH is showing a head and shoulders formation, which typically signals a potential bearish reversal. Resistance and Support: Around $3,950 to $4,000 (highlighted by the left and right shoulders). Close to $3,640 (lower boundary of the pattern). A breakout above the right shoulder (~$3,850) could lead to further gains. A breakdown below the support level (~$3,640) would confirm the head and shoulders pattern, which signals a potential decline. Monitor the $3,850 resistance level for signs of a breakout. Keep an eye on a potential breakdown below $3,640 for bearish confirmation. Stay tuned for further updates and analysis! I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.Shortby CryptoSanders95636
ETH fighting against strong resistanceHello everyone, let's take a look at the ETH to USDT chart on a one-day time frame. As you can see, the price is currently bouncing off the downtrend line. Let's start by determining the support line and as you can see, the first support in the near future is $3,530, then you can see support at $3,250, and then we have a strong support zone from $3,046 to $2,796 Now let's move on to determining the resistance points. And here we must start by identifying a very strong resistance zone from $3,821 to $4,110, only when we manage to break out and positively test this zone, we can see a move towards the resistance at $4,917. Looking at the EMA Cross 50 and 200 indicator, they still indicate that the strong upward trend is maintained. There is still room for growth on the RSI indicator, while the STOCH indicator shows a move towards the upper limit, so you should be careful and take into account a possible recovery.by cryptodailyuk12
ETH - wait for entry I'm waiting for ETH to go a little bit lower to enter. My plan is as in chart. Disclaimer: This analysis is based on my personnal views and is not a financial advice. Risk is under your control.Longby evasivesteering224
Quick Bitcoin Update - 31 May 2024Hello Traders, Checkout the latest update on Bitcoin and Eth. Still trading in range and we might see small liquidationsLong06:05by cryptoblast86-10
Ethereum Daily FibonacciEthereum daily Fibonacci, the main target is a decline and correction to the price of 0.618~0.5, it is only a matter of time before it reaches that level.by ZhongBenCong0011
ETHUSDT, strong growth to 3882 and higher.Hi friends. Ethereum showing strong bullish signal. We have bears distribution at green zone. So my opinion growth to 3882 and maybe higher. Support me! 💪Longby JinFlarkUpdated 2
Ethereum Long IdeaLooking at 1H Timeframe, we observe market shift to break downtrend proceeding with a retrace to the Order Block, accumulation at order block and then breakout. If volume holds, price may tap unmitigated supply zones. These are my ideas alone and do not constitute financial advice.Longby TangoK90
ETHUSD Short IDEARisk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you. Good luck!Shortby BeryllusCrypto2