Ethereum (ETH): Successful Re-Test / Ready For Another Drop?Ethereum has recently re-tested the major zone for us, where sellers showed that they still have control over this zone and rejected the price from there.
We are now looking for further movement to lower zones but before that we need to see the same selling presure until the end of the day, just to be sure that this is not a fakeout.
Keep in mind, we are entering the weekends markets so volatility is guaranteed!
Swallow Team
ETHUSDT trade ideas
The key is whether there is support near 1935.34
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(ETHUSDT 1D chart)
The important support and resistance zones have changed as it has fallen below the long-term upward trend line (1).
After March 18, the key is whether ETH can maintain its price by receiving support near 1935.34 and rising above the M-Signal indicator on the 1D chart, that is, the Fibonacci ratio of 0.236 (2090.85).
If it falls after receiving resistance near 1935.34, it is possible that it will fall to around 1340.12, so you should also consider a response plan for this.
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In order to turn into an uptrend, the price must rise above the M-Signal indicator on the 1M chart and maintain it.
To do so, the price must be maintained near the Fibonacci ratio of 0.382 (2647.80).
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Therefore, if it rises after receiving support near 1935.34,
1st: M-Signal on the 1D chart (Fibonacci ratio of 0.236 (2090.85))
2nd: M-Signal on the 1M chart (Fibonacci ratio of 0.382 (2647.80))
You should respond depending on whether there is support near the 1st and 2nd above.
Currently, the StochRSI indicator is showing signs of entering the overbought zone, so even if there is an additional rise, it is expected to eventually show a downward trend.
In order to ignore this law, an explosive trading volume or favorable market news is required.
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(30m chart)
Since the StochRSI indicator is in the oversold zone, it is highly likely to rise even if it continues to fall further.
However, since it is a 30m chart, you should respond based on day trading or short-term trading.
Since the HA-High (1936.67) indicator and the BW (100) (1944.96) indicator are located near 1935.34, we can see that it is forming a resistance zone.
Therefore, even if there is an additional rise, it seems likely to be resisted in this resistance zone (1936.67-1944.96).
If it falls below 1923.43,
1st: Heikin Ashi's Close on the 1D chart
2nd: HA-Low indicator (1885.30)
3rd: 1865.10
We need to check if it is supported near the 1st-3rd above.
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Therefore, if it is supported and rises near 1935.34,
1st: M-Signal on 1D chart (Fibonacci ratio 0.236 (2090.85))
2nd: M-Signal on 1M chart (Fibonacci ratio 0.382 (2647.80))
You need to respond depending on whether there is support near the 1st and 2nd above.
Since the StochRSI indicator is currently showing signs of entering the overbought zone, it is expected that it will eventually show a downward trend even if there is an additional rise.
In order to ignore this law, an explosive trading volume or favorable market conditions must occur.
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Thank you for reading to the end.
I hope you have a successful trade.
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- โโBig picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend.
Accordingly, the upward trend is expected to continue until 2025.
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(LOG chart)
Looking at the LOG chart, you can see that the upward trend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we expect that we will not see prices below 44K-48K in the future.
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The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
In other words, it is the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, it is expected that this Fibonacci ratio will be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
How to view and respond to this is up to you.
When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance.
This is because the user must directly select the important selection points required to create Fibonacci.
Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies.
1st : 44234.54
2nd : 61383.23
3rd : 89126.41
101875.70-106275.10 (Overshooting)
4th : 134018.28
151166.97-157451.83 (Overshooting)
5th : 178910.15
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Chart Analysis Price Action:
The chart shows ETHUSD trading at 2,041.01, with a recent decline of -3.36 (-0.41%).
The high (HI) for the session was 2,044.00, and the low (L) was 1,664.36.
The price is currently near the sessionโs high, which suggests some resistance around the 2,044 level.
Trend:
The chart spans from 2009 to 2025, indicating a long-term uptrend for ETHUSD.
However, the recent price action (2024-2025) shows consolidation or a potential pullback, as the price is struggling to break above 2,044.
Key Levels:
Support: The low of 1,664.36 is a strong support level.
Resistance: The high of 2,044.00 is acting as a resistance level. If the price breaks above this, it could target higher levels.
Your short position at 2,037 is just below the resistance, which is a logical entry point for a short trade.
Momentum:
The price is currently in a slight downtrend, as indicated by the -0.41% decline.
The fact that the price is struggling to break above 2,044 suggests bearish momentum in the short term.
Ethereum Short Setup: Key Resistance Holding?Ethereumโs recent price action suggests a potential short trade if resistance holds. The market has seen an impulse move into the 0.618 Fibonacci retracement and VWAP SR support, aligning with a lower high and lower low structure.
Key Points:
โข Testing Key Resistance: Ethereum is currently trading at the 0.618 Fibonacci level and VWAP SR support, both acting as resistance.
โข Lower High Structure: Price action continues to project lower highs and lower lows, favoring further downside.
โข Liquidity Below Swing Low: A rejection here could lead to a move lower, targeting the liquidity resting beneath the most recent swing low.
โข Next Key Support: The 1,644 daily support level is a major downside target if the trend continues.
If resistance holds, Ethereum is likely to continue its downward trend, making this a favorable short opportunity. However, proper risk management is essential, as price action should always be evaluated in real time. Traders should exercise discretion when executing and managing this setup.
ETH/USDT 1H: Bullish Breakout Holding โ Next Stop $2,175?ETH/USDT 1H: Bullish Breakout Holding โ Next Stop $2,175?
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Current Market Conditions (Confidence: 8/10):
Price at $2,043, maintaining strong momentum following a breakout.
RSI at 67.54, approaching overbought territory but still has room for continuation.
Clear break above previous resistance at $1,925, confirming bullish structure.
No significant bearish divergences present, reinforcing continuation potential.
LONG Trade Setup:
Entry: $2,035 - $2,045 zone.
Targets:
T1: $2,100 (short-term resistance).
T2: $2,175 (extended target).
Stop Loss: $1,925 (below recent support).
Risk Score:
6/10 โ Lower risk due to strong structure, but resistance at $2,200 remains a key level to
monitor.
Market Maker Activity:
Accumulation evident at higher levels, with minimal selling pressure.
Clean breakout above resistance suggests further bullish continuation.
Key resistance ahead at $2,200, with strong support at $1,875.
Recommendation:
Long positions remain favorable within the $2,035 - $2,045 entry range.
Watch $2,100 and $2,175 for profit-taking zones.
Monitor volume on the approach to $2,200 to confirm breakout strength.
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ETHUSDT / LONG / 19.03.25โฌ๏ธ BUY ETH/USDT 19.03.25
๐ฐ Entry: $2152.40
๐ฏ Goal: $15059.05
โ๏ธ Stop: $1755.78
Entry reasons:
1) OSOK:
โ Month minimum was set at the first weekly of month and price
2) Eliott waves:
โ 1D: 2th wave is formed, correction abc 61%
3) Range:
โ Monthly range, correction into zone OTE
4) Additional arguments:
โ Testing of big cluster
โ Divergence (1d)
โ Weekly liquidity is captured
Strategy: #osok #wave #cluster
ETH is bullish (1D)Before anything else, you should know that Ethereum's structure in higher time frames is bearish. However, we currently expect an internal pullback to higher levels because the price has reached a significant zone.
The expectation is that the price will move from the mitigated demand zone toward the targets.
A daily candle closing below the invalidation level will invalidate this analysis.
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
ETH Looks Bullish (1D)Before anything else, you should know that Ethereum's structure in higher time frames is bearish. However, we currently expect an internal pullback to higher levels because the price has reached a significant zone.
The expectation is that the price will move from the mitigated demand zone toward the targets.
A daily candle closing below the invalidation level will invalidate this analysis.
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
ETH Analysis (1D)Ethereum is approaching a support level.
The risk-to-reward ratio is not very attractive since we are in a bearish trend, but we expect a reaction to the green zone.
There are two targets ahead of the price, which we have marked on the chart.
A daily candle closing below the invalidation level will invalidate this analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
ETH : Don't get fooledETH has a lot of work to do. This ETH pump is a bearish pullback.
I'm still bearish on ETH and I'll be bearish until we break above the marked high. If we broke above the high significantly and sustained there at that moment I'll be a ETH bull again. Until then technically it is just a bearish retest.
I do not trade futures, I'm a spot trader so my plan is simple. If it breaks above the high then I'll look to buy the dip otherwise I'll not touch this thing.
Ethereum Breaks Key Resistance: Bullish Setup for ETH ๐จ **Ethereum Breaks Key Resistance โ Bullish Signal!** ๐จ
After weeks of consolidation, Ethereum ( CRYPTOCAP:ETH ) has finally broken through a crucial resistance level, triggering a massive short squeeze that liquidated **$46 million** worth of short positions! ๐ฅ This is a strong sign that market sentiment could be shifting to the upside.
Hereโs the breakdown:
๐ **Resistance Breakout**: Ethereum has successfully closed a **4-hour candle above** the key resistance level, signaling a potential trend reversal and continuation to the upside. The market is now eyeing the next major target at **$2100**.
๐ **Trade Setup**:
- **Entry Point**: We are looking for a **retest of the $1960 level** as support (previous resistance), which is a strong entry zone for a long position.
- **Stop Loss**: Set your stop loss just below the previous support level at **$1920** to manage risk effectively.
- **Target**: The next major resistance is around **$2100**, where we expect some price action to unfold. A break above this could signal further upside potential.
This breakout presents a clear opportunity for traders looking to capitalize on potential bullish momentum in Ethereum. Keep your eyes on the charts and manage risk appropriately! ๐
**Remember**: As always, trade responsibly and stay updated on market conditions.
Ethereum (ETH): Still Waiting For Perfect OpportunityOn the Ethereum, there is nothing much to talk about. We had a small touch to our line of potential BoS but we bounced off from there and now the price is rising, possibly for the upper zone to test it properly.
We are waiting for more confirmations, but the gameplan for both scenarios is still the same!
Swallow Team
ETH is preparing to get out of range and pull a face-melterETH might finally be getting ready to break out of that range we've been trading in since it broke down $2000 level.
If the selling pressure eases with the news coming in, and we don't see a massive whale shorting, putting downward pressure yet again, ETH might ultimately have a chance to break out to the upside and reclaim the psychological $2000 level. The rest will be better if we get some momentum afterwards.
Stay hard, stay alert.
Ethereum (ETH/USDT) Analysis โ 4H Chart (OKX)Ethereum (ETH/USDT) Analysis โ 4H Chart (OKX)
Support Levels:
First support: 1,912 USDT
Next support: 1,911 USDT โ 1,909 USDT
Key support: 1,889 USDT
Resistance Levels:
First resistance: 1,933 USDT (Supply Zone)
Next resistance: 2,048 USDT
Major resistance: 2,244 USDT (Fibonacci 0.382 zone)
Entry Points:
If the price holds above 1,911 - 1,912 USDT, it could be a Long entry opportunity.
If the price breaks 1,933 USDT with strong buying volume, it may test 2,048 USDT.
If the price drops below 1,889 USDT, selling pressure may increase.
Risk Assessment:
If the price breaks 1,889 USDT, it may drop further to 1,876 - 1,753 USDT.
Stop-loss should be placed below 1,876 USDT.
Trade Conditions:
ETH is currently in a consolidation phase, with key resistance at 1,933 USDT.
A breakout above this level could lead to a test of 2,048 USDT and beyond.
A breakdown below 1,889 USDT may trigger further selling pressure.
๐ Summary:
ETH is in a potential rebound phase. If it holds above 1,911 - 1,912 USDT, there is a chance for an uptrend. However, if it falls below 1,889 USDT, it could decline further. Watch out for volume and price action before making a trade decision. ๐
Possible AccumulationThere is no better Seller liquidity than U.S. Open on a Wednesday!
If I wasn't already in, my plan would be to Buy here with Tight SL under this supposed Spring or wait for a breakout of 2K.
The chances of going lower has decreased considerably.
Fear and Greed was under 10/100!
The target is 128K for BTC and 5.5K for ETH before a potential collapse.
For now, I believe we have 1 last hoorah!
I think DOGE, LTC ETF's are the top later this year.
ETH nears 1500$. Be ready for volatility. Final ETH bottomFinally ETH is getting to 1500$ as i was writing back in nov-dec
For ETH 1500$ will be the bottom and in the next 3-5 weeks most likely we will see mini-altseason.
After that we should expect some more down side for most of altcoins but ETH likely to retest 1500$ and form double bottom.
As this move is complete, real altseason will begin and ETH goes to 5-6k maybe higher.
This is how i see it right now.
Ethereum (ETH): Ideally We Need To See a Re-TestEthereum is still in unstable zones where we did not have a proper re-test of the broken zone but we see chunks of weakness on the markets near current zones.
So we keep an eye on 2 zones: the upper re-test zone and that lower yellowish line.
Upon breaking the yellowish line, we will see an early selloff, and if we see a touch to the upper resistance zone, then we will be looking for a weakness and an entry for short from there!
Swallow Team
Lingrid | ETHUSDT October 2023 LEVELS ReachedBINANCE:ETHUSDT price continues to push lower, reaching the support level that was last tested in October 2023. Historically, we can observe similar price action from 2021, when the price fell from the 4300 level and subsequently bounced off the 1700 support zone, leading to all-time highs. On the current chart, we see that the price has broken above the downward trendline that has acted as a resistance zone for the month. I think the price will continue to move sideways for the next couple of weeks, potentially pushing higher if we see buying pressure from the support level. My goal is resistance zone around 2190
Traders, If you liked this educational post๐, give it a boost ๐ and drop a comment ๐ฃ