Ethereum shortEthereum bounced down off the resistance area. Asset broke trough the ascending trendline. Bearish movement to support level at 2200 is expected to happen.Shortby Cryptobees_buzz1
ETH/USDT analysis and potential forecastThe recent candlestick with the large volume is a long red candle followed by a smaller green candle, which is a sign of potential short-term bottoming. However, this needs to be confirmed by further price action in the coming days. The chart shows a significant spike in volume on the recent large red candle, which indicates a strong selling pressure. This suggests a potential capitulation or panic sell, followed by a slight recovery. Decision Making: For Holders: Given the higher probability of an upward movement, holding ETH might be a favorable decision, but the presence of a significant downward risk suggests that setting stop-loss orders or partial profit-taking strategies could help manage risk. For Potential Buyers: The data suggests a favorable probability for entering a position, especially if you are prepared to handle potential short-term volatility.Longby thearabic_trader1
ETH/USDT analysis and potential forecastThe recent candlestick with the large volume is a long red candle followed by a smaller green candle, which is a sign of potential short-term bottoming. However, this needs to be confirmed by further price action in the coming days. The chart shows a significant spike in volume on the recent large red candle, which indicates a strong selling pressure. This suggests a potential capitulation or panic sell, followed by a slight recovery. Decision Making: For Holders: Given the higher probability of an upward movement, holding ETH might be a favorable decision, but the presence of a significant downward risk suggests that setting stop-loss orders or partial profit-taking strategies could help manage risk. For Potential Buyers: The data suggests a favorable probability for entering a position, especially if you are prepared to handle potential short-term volatility.Longby thearabic_trader0
ETHUSDT - UniverseMetta - Analysis#ETHUSDT - UniverseMetta - Analysis Clear boundaries of the sideways trend in which the price has been since March are visible. There was also a withdrawal of liquidity from the February lows. You can try to add an asset to your portfolio. For speculative positions, we can consider H4, the formation of a 3-wave structure in continuation of the upward movement, to the upper border of the sideways trend. If the price fixes above the border and retests the level, it will be possible to consider purchases with a target of 6084. To cancel the idea or purchase additional assets, it is better to consider a breakout of the nearest minimums. Target 3700 - 6084Longby Trade-U-Metta2
ETH reviewHere is Weekly chart of ETH! Downside Target was reached and we are in bounce mode! 1st upside Target is marked. Good Luck!by sunmikee1
ETH Eth prediction for the next days. I will waiting ETH to do this plan. After that i will take tye position to the first FTA. Longby dimahlad0
#ETH/USDT WEEKLY CHART ANALIYSIS !The ETH/USDT weekly update shows a bearish breakdown below a key support level, with the price currently at $2,502.09. Ethereum is approaching an ascending trendline, a crucial support level. Failure to hold this level could cause the price to drop to around $2,000. Conversely, a bounce off this trendline could face resistance at the previous support level of $2,800. Traders should keep an eye on volume and RSI signals to gauge the strength of the current downtrend and potential reversal points. Remember: This is not financial advice. Stay tuned to us for further updates and analysis. Thank you!by CryptoSanders95631
ETHUSDT Long trade setup!!#ETHUSDT Long trade setup: ETHUSDT looks good holding support. Going Long on ETHUSDT with the below setup. ENTRY ZONE: $2392 to $2455 Leverage: 5x Target 1: $ 2686.22 Target 2: $ 2909.25 Stop Loss:- Close below $ 2313.59 Happy Trading!!Longby persis10t1
Ethereum 1D #ETH corrected similarly to #BTC after ETF approvals. It absorbed all the liquidity from the 2024 consolidation and is now attempting a climb. We might see a price increase to liquidate shorts, but a retest of the 2288 zone is also possible. In the event of a new low, DCA zones are crucial, and it's essential for the price not to open a daily candle below 1800. For sell zones, we first need to see support at the 3200-3300 range; only then can we discuss a new ATH. Longby TraderX101010
ETH going back down It’s gonna probably retest that last low market structure is pretty clear here, i’ll short at 2607, watching price action of course Shortby forsaken0010
Ethereum Short-Term (Ready For $1,600?)Let's look at short-term version of Ethereum; Let's see what the chart has to say. ➖ We know we are dealing with a bearish impulse based on the strength of the bearish move and its volume. ➖ If we think in terms of Elliott Wave Theory and a five wave pattern, we can say that we just witnessed the third wave, based on the strong volume. Meaning, "the third wave always has the highest volume." ➖ We have a 40% drop in 11 days. ➖ A bounce is now in place; a normal market reaction. ETHUSDT grew 20% on the bounce. ➖ A bounce following a bearish impulse can range between 15-35%. Depending on the strength of the bears. A stronger bounce or recovery would produce stronger bullish candles and momentum. As the chart it is, it seems something is missing... We know based on intuitive perception and ten years of experience tracking the markets that the bearish move is not over. The bounce can extend, variability and volatility is always there, I can be wrong; but, everything is pointing toward lower prices. ➖ 0.5 Fib. retracement = ~$2,830. ➖ 0.382 Fib. retracement = $2,665. These are key levels and likely left unchallenged. If prices move higher, keep those in mind for short. Thank you for reading. Namaste. Ethereum (ETHUSDT) | $2,454 Current price Shortby AlanSantana5534
Next Volatility Period: Around August 14th - 18thHello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (1M Chart) You can see that the 2531.05 ~ 0.382 (2647.80) section is an important section. If it falls in this section, it is likely to turn into a downtrend in the long term, so be careful when trading. - (1W chart) If it falls in the 2531.05 ~ 0.382 (2647.80) range, it is likely to eventually touch the HA-Low indicator on the 1W chart. Therefore, as the price falls, we need to check at what point the HA-Low indicator is generated. If not, it is expected to fall to around 1340.12, where the HA-Low indicator is currently located. However, we need to check for support near the 2159.00 point (the bottom point of the HA-High indicator box on the 1M chart) and the 1783.0 point (the top point of the HA-Low indicator box on the 1W chart). If it rises, it is likely to face resistance near 3265.0-3321.30, so we need to check for support. - (1D chart) It is a medium-term rising channel, that is, it has entered a short-term falling channel while falling from the rising trend line (1) ~ (2) section. This short-term falling channel is a channel made up of high-point trend lines. Therefore, if it falls from this channel, it is thought that it is likely to record another large decline. That is why the key is whether there is support near the 1783.0-2159.0 section. - When making new purchases, it is recommended to check whether there is support near the HA-Low indicator on the 1D chart if possible. Currently, the HA-Low indicator is formed at the 3079.59 point. However, since there is a high possibility that a new HA-Low indicator will be created depending on price fluctuations, I think it is better to wait for it to be created at some point. - The time to buy is when StochRSI > StochRSI EMA and the StochRSI indicator is out of the oversold zone, and you can proceed by checking whether there is support at the support and resistance points. Currently, I think it is most likely to check whether there is support above the 2531.05 ~ 0.382 (2647.80) range. If it falls, 1st: 2159.0 2nd: 1783.0 You should check whether there is support near the 1st and 2nd above. - Have a good time. Thank you. -------------------------------------------------- - Big picture It is expected that a full-scale uptrend will begin when it rises above 29K. The range expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 13401.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 ----------------- by readCrypto4
Breaking channel If the price breaks the lower yellow line, it can reach the price of 2300.by HRSanalysis0
Ethereum to form pennant?Just possible way of crypto in 2H2024. 1600 for the low and then upby 4ikapikadesi111
Continued decline?Ethereum is in a strong downtrend and has been unable to break through key resistance levels. This indicates continued selling pressure and decreased investor confidence. Support and Resistance Levels: $3110 Level: This is a key resistance level that the price has been unable to surpass and has sharply declined after hitting it. $3000 Level: This level also acted as resistance, and after breaking below this level, the downtrend continued. $2850 Level: This support level was also broken, and the price has reached $2677. $2677 Level: This is an important support level that, if broken, could lead to further price declines. $2170 Level: This is the lowest support level currently, with the price near this level. If this level is also broken, further declines in Ethereum's price may be observed. Ichimoku Cloud and Downtrend: As long as the price remains below the Ichimoku Cloud and key resistance levels, the likelihood of the downtrend continuing is higher. Breaking through these levels could indicate a return of buyer strength and a potential trend reversal.by MonoCoinSignal4
Ethusdt trading opportunityEthereum is presently positioned above a pivotal support line that delineates the current trend. Recently, the coin experienced a rejection from its proximate resistance level. Anticipation of a subsequent rejection upon a retest of this level is warranted. Should this rejection materialize, focus should pivot to the immediate BUY BACK ZONE for potential re-accumulation strategies. The aforementioned trend-defining support line is recognized as a substantial level of interest; while it is expected to sustain price levels, a breach below this threshold would necessitate reliance on the underlying strong demand zone to uphold the asset's value. Subsequent to stabilizing within this demand zone, the target shifts towards surpassing the current all-time high (ATH), with the current price action suggesting the formation of a potential 'cup' pattern. Additionally, analysis of the wave pattern within this context reveals the completion of waves one through four, setting the stage for the initiation of the fifth and final wave. This development is pivotal for the formation of the concluding leg of the wave sequence. Engagement through likes and comments on this analysis is highly valued and appreciated. Thank you for your attention and contributions.by wesladUpdated 7765
Could this Hidden TL be the game changer on Ethereum?Ethereum got massive pushed on testing this amazing trendline, share your view on this guy, look really massive our immediate target is for price to test out the strong supply zone. Leave your comment on these guys.Longby weslad13
ETHEREUM - Breakout of a Triangle patternETH has made a number of attempts to break past resistance and is making higher pivot lows. It has surpassed numerous levels where heavy volume was transacted with higher volumes on the up moves than down moves, so is exhibiting bullish characteristics. The failure of the next attempts followed by high selling volumes, could however indicate capitulation to the bears. by fugutrader110
ETHUSDTEthereum fell to its strong support zone in yesterday's crash. At the moment, if the price pulls back to this support zone once again, Ethereum will probably grow well.Longby Trading-House0
Ethereum dropped 18% since ETF approval Ethereum dropped 18% since ETF approval We took short with our team after ETF approval and after i waited for new opportunity and that had happen without me I still think that ETH should drop in $2600 - $2800 area 02:10by Yuriy_BishkoUpdated 5
Eth scalp short to $2000...Bottom!Just entered a scalp #eth short. I think this will likely be the final leg down. Before continuation to the upside resuming the monthly uptrend. We could spike a bit lower than $2000 but that area is where you want to definitely buy the dip if you're an investor.Shortby FilnftUpdated 225
2500$ Area Is a Gift To Buy ETH ,Dont Miss It 📈 The Chart Looks Amazing By Technical View ,The Price Hit The 2100$ PRZ Which Is Important From Three Sides That I Described Them Below 👇 1️⃣ Trend Lind From 900$ Located There 2️⃣ 2100$ Resistance Flipped To The Support And The Price Bounced From It 3️⃣ Wave C From Main ABC Completed At The 2100$ And Made a Strong PRZ 🎯 Due To These Reasons Now You Should Understand How This Support Is Important And One More Good News Is We Had a Strong Bounce From 2100$ Support Area 📥 Buy Area : 2470$ 🎯 Targets : 3700$ And 5300$ Longby Bullish_TradersUpdated 117
Ethereum new strong starting! I think Ethereum will go up strongly. He returned to demand and now very refreshed he will fly. Stoch RSI is in the zone where the buying has just started. I think that T1 in the value of 2900 will be reached very quickly, while T2 in the value of 3600 will be reached after a pullback is realized. Stay with me!Longby BR-880