Sydney Session - How the bois holding up down under?Sydney session saw a heavy dump. Lack of volume during the session resulting in a major volatility. Will we see a repeat?
ETHUSDT trade ideas
ETH/USDTFibonacci correction as an option for entering a position after strong moves that periodically occur in the market. I have highlighted the zone from which, in case of a test, we could see a reaction.
Targets for growth:
Target 1 = 2908
Target 2 = 3436
ETHUSDT BULISHLet me analyze ETHUSDT again. The last analysis was unsuccessful, and I hope this one works better.
The upper targets are for take profits (TPs), while the lower prices indicate potential corrections. The danger zone and stop loss levels are functioning as always. If the price closes above these levels, it becomes valid, and we may be in a dangerous situation or have hit the stop loss.
Note: My ideas are not intended for any type of scalping or scalpers!
You can find the full list of my ideas here: tradingview.com/u/TheMandalor/
Here are some of my ideas:
Ethereum - take long in a case of re-test key levelEthereum - take long in a case of re-test key level
after such liquidations - price create a range to big rise
In This Dark Day Some Ethereum COPIUM
This is some very ugly looking ew count as ethereum itself.
Sorry for today.
My last alt ew counts invalidated, market as general looking very bad but some majors are still good.
This is capitulation and in eth somebody capitulated last night.
ethmonth and week analysis of ETH.
first area where are looking buyers is 3k
week close above 3460 -> 4100 -> 4900?
month close below 3k -> 2k
confirm for long is inversion
ethI have a strategy with 80% win rate.
The essence of it is that by the end of October, we will not see ETH above 4100.
On the other hand, we are still within the body of the 12-month candle from 2021. In 2024, we failed to hold above 3700, which indicates weakness and increases the likelihood of a move toward the 2021 low, around 700.
Right now, this sounds pessimistic and I don't like this scenario, but that’s how I see the chart.
The Cursed Token - $ETHBullish outlook...
On a critical level (Elliott Wave is used as a timeline reference; targets will be evaluated level by level)
Green Box looks good to offload before we hit a major correction later this year. (but once we move beyond this CHOPsolidation, the situation will become much clearer for assessment.
BULLISH is the WAYThis dip only validates my believe in an Inverse head and shoulder playing out on ETH
I believe we are gearing up for a big move upwards, at least to the 4K range, test the blue line and the text speaks for itself.
If it breaks we fly,
If not, we die.
ETH Altseason soonTHis was the dip of market, next few months will be bullish and we will see lot of new ATH
ETH/USDT : Get Ready for the next Bullish Move! (READ)By analyzing the weekly (logarithmic) chart of Ethereum, we can see that the price experienced a sharp crash last night, dropping to $2100. After reaching this key demand zone, Ethereum rebounded and is currently trading around $2600.
As long as the $2200 support holds, we can expect further bullish momentum. The mid-term targets for Ethereum are $3900, $4600, $5700, and $7400. 🚀
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
ETH Long SetupMarket Overview:
Ethereum (ETH) is currently exhibiting bullish momentum, primarily attributed to the breakout from key technical patterns such as a symmetrical triangle and a falling wedge. Both patterns are traditionally considered bullish continuation or reversal formations, increasing the likelihood of upward price action in the near term.
Triangle Breakout:
The recent breakout from the symmetrical triangle pattern has been a strong indicator of increasing buying interest. This triangle consolidation phase allowed market participants to accumulate positions, and the breakout signifies a potential shift in momentum. Typical price targets for breakouts from such formations can be estimated based on the height of the triangle at its widest point, projected from the breakout level.
Falling Wedge Breakout:
In addition to the triangle breakout, the formation of a falling wedge has further bolstered the bullish case for Ethereum. Falling wedges are generally seen as bullish reversal patterns, suggesting that the downward movement is losing momentum and that buyers could soon take control. The breakout from this pattern confirms a shift toward bullish sentiment, with traders typically expecting a price rally following the breakout.
Key Price Levels:
- Current Price Action: Monitor ETH closely as it approaches potentially significant resistance levels.
- Immediate Resistance: The first key resistance level to observe is around 3400, which has previously capped upside movement. A decisive break above this level would confirm the bullish breakout and open the door to higher targets, potentially leading towards 3500 or beyond.
- Support Levels: In the event of a pullback, key support can be expected around the breakout points of the triangle and wedge formations. Maintaining support above these levels (near 3150-3030) will be critical in preserving the bullish outlook.
Volume Analysis:
Volume accompanying the breakout is a crucial factor in determining its validity. Ideally, a breakout should be supported by an increase in volume, indicating strong buyer conviction. If the volume is significantly higher than the average trading volume during the consolidation phase, it would further confirm the bullish scenario. Conversely, low volume on breakout could suggest a lack of commitment from buyers and increase the risk of a false breakout.
Relative Strength Index (RSI):
The RSI should be analyzed alongside price action. Look for the RSI to remain above the 50 level and preferably exhibit further upward momentum as prices increase. Overbought conditions (RSI above 70) could signal caution as they may indicate a potential short-term correction before a more sustained rally.
### Conclusion:
In summary, Ethereum is presenting bullish momentum, supported by the breakout from both a symmetrical triangle and a falling wedge. Traders should closely monitor immediate resistance at 3420, as a breakout above this level could catalyze what may be a more extensive upward trend. Vigilance regarding volume and RSI behavior will be essential in assessing the reliability of the breakout. Entering the trade with a clear plan, including proper risk management and target setting, will be crucial for capitalizing on this bullish potential.
eth longterm buy sell limit"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
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MAKE ETH GREATE AGAINEveryone was shouting that February would be the most profitable month for Ethereum, but the market had its own plans: most traders have been wiped out.
Ethereum (ETH/USDT) Analysis:
The chart illustrates the price movement of Ethereum on a daily timeframe. A broad global range (GLOBAL RANGE 1 WEEK) is evident, extending over several months. The current price is testing the lower boundary near the $2,200 level.
To confirm further upside movement, Ethereum needs to consolidate above the 0.5 weekly range (05 RANGE). If this level holds, a move towards the $3,600 resistance is expected, with a potential continuation upwards to the all-time high (ATH) at $5,000. The downward trend marked as BSL (Breakout Swing Low) may serve as a crucial support level for the upcoming bullish momentum.
Remember the market rewards the patient
BE CALM AND WORK HARD
HODL
ETHUSDT; Will we see 2400 again ?Hello traders, hope you're doing great.
for upcoming days, I expect an upward correction to 3600- 3750 level and after that a downward movement in this pair, we also have liquidity below 2920 that increases our theory. Remember that today we also have FOMC meeting and can cause volatility in market .
And finally tell me what are your thoughts about ETHUSDT; UP or DOWN ? comment your opinion below this post.
Descending triangleDescending triangle might have enough momentum to breach the larger descending triangle.
Needless to say anythingthe channel, the breakdown, the fake breakout
My target is to the under line of current channel
First 2,725$ Then 4,958$My near term game plan.
Bullish Gartley and Fibonacci levels.
1. Target 2,725$
2. Target 4,958$
3. Target 6.227$
* What i share here is not an investment advice. Please do your own research before investing in any digital asset.
* Never take my personal opinions as investment advice, you may lose all your money.
Ethereum (ETH): No-one Could Have Precited The $2000First of all, WOW, we were looking for a correctional movement toward the $2,700, which we thought at that time would be an amazing entry but markets once again surprised us all.
Price fell as low as $2,000, where it got bought back quickly.
So what is the plan now? Simple: most probably we will trade in between the zones of $2000-3000, now trying to form some proper support or resistance zones.
So we expect a smaller recovery here and then again another dump and so on. What are your thoughts on it?
Swallow Team
Ethereum (ETH): Important Bullish Trend Has Been Broken!Ethereum fell back to a bullish trend where we had a decent liquidation movement as well!
Now we are monitoring that trend and 200EMA as if buyers will show dominance from here. We are expecting to see a proper bullish movement for Ethereum coin, but if we do not see it, then below we have a huge "free fall" zone.
What are your thoughts?
Swallow Team
