ETH Ascending Triangle Bulls step in to kill bears at demand zone between 2430 and 2490. Looking at the chart pattern ETH price looks to be forming ascending triangle pattern. Further looking at the spread in price between BTC and ETH, both prices are highly correlated and usually move in tandem but there is a very big spread between the prices now with ETH being undervalued. Potential explosive move up for ETH Longby stevetambo320
ETH/USDT 4h review chartHello everyone, let's look at the current ETH to USDT situation considering the four-hour time frame. In this situation, we can see how the price defends itself from falling to the local upward trend line. Let's start by setting goals for the near future, which include: T1 = $2,560 T2 = $2,628 T3 = $2734 T4 = $2,814 Now let's move on to the stop-loss in case the market continues to decline: SL1 = $2,496 SL2 = $2,441 SL3 = $2,353 SL4 = $2,279 Looking at the RSI indicator on a 4-hour interval, we have touched the bottom of the range, which may indicate a temporary end of the correction, which confirms a quick price rebound.by cryptodailyuk0
"ETH Poised for a Drop as Bearish Harmonic Pattern Emerges""Ethereum at Risk: Bearish Harmonic Pattern Hints at Potential Price Declines Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has undergone substantial transformations in recent times, both in terms of its underlying technology and its price behavior. These changes have added layers of complexity to its market outlook, making ETH an increasingly unpredictable asset in the short term. However, despite the evolving landscape, technical analysis on shorter timeframes is revealing a potentially significant trading opportunity—a clear bearish harmonic pattern is taking shape on the 60-minute chart, and this could signal an impending downturn for Ethereum. The harmonic pattern in question, characterized by its distinct structure and precise ratios, is a well-known indicator in technical analysis that often precedes market reversals. In this case, the pattern is suggesting that Ethereum may be on the brink of a significant correction. If the pattern plays out as anticipated, it could push ETH prices down to a series of lower targets: 2,544, 2,453, and ultimately, 2,353. These levels represent key areas of support where traders might expect the price to stabilize temporarily, but they also signal the potential depth of the upcoming decline. The broader market context also adds weight to this bearish outlook. Bitcoin (BTC), the dominant force in the cryptocurrency market, is showing signs of a larger price reversal of its own. Bitcoin’s price movements have historically influenced the direction of the entire crypto market, and if BTC indeed changes course, as some analysts predict, it could further fuel the downward pressure on Ethereum. With Bitcoin teetering on the edge of a major reversal, Ethereum’s bearish harmonic pattern becomes even more compelling, as it suggests that ETH could follow a similar downward trajectory. Ethereum’s complex transformation, driven by technological upgrades and shifts in investor sentiment, has made it more difficult to predict long-term price movements with certainty. However, on shorter timeframes, the emerging bearish harmonic pattern offers a clearer roadmap for potential price action. The precise nature of harmonic patterns—rooted in Fibonacci ratios and geometric structure—gives this analysis a certain level of reliability. Traders who are familiar with such patterns understand that they often precede significant price corrections, and this particular setup on the 60-minute chart is no exception. In conclusion, Ethereum appears to be facing a pivotal moment. The bearish harmonic pattern currently forming on the 60-minute chart suggests that ETH could experience a notable pullback, with potential price targets at 2,544, 2,453, and 2,353. Coupled with the possibility of a broader market reversal led by Bitcoin, traders should be prepared for heightened volatility in the days ahead. While Ethereum’s long-term fundamentals remain strong, the short-term technicals are pointing toward a bearish shift, providing an opportunity for those looking to capitalize on a potential downward move."Shortby lonelyPlayer0Updated 4
Ethereum Bearish Flag 5X SHORT—201% PotentialIs there still time for the Ethereum SHORT? Should I share the full trade-numbers? Absolutely... The bearish consolidation pattern remains intact and the market just created an opportunity for an even better entry than what we had just a few days ago. Please, just keep in mind that things can always change and this can turn into a failed trade. But it can also end up as a winning trade. It can be either one but we have the chart signals in our favor. The candles are pointing down, volume is saying down and the market is saying down. So we are going with the market. ➢ SHORT ETHUSDT Leverage: 5X Entry levels: 1) $2835 2) $2600 Targets: 1) $2235 2) $2100 3) $2000 4) $1900 5) $1800 6) $1700 7) $1600 Stop-loss: Adjust to your own risk tolerance Potential profits: 385% Capital allocation: 3% ___ Just keep trying and keep going —go for it— until you win. Keep trying and keep at it until you achieve your goals. Accept any setback as an opportunity for growth. Learn from your mistakes. It is the only way to achieve long-term success. This is not financial advice. Thanks a lot for your support. Namaste.Shortby AlanSantanaUpdated 7748
ethusdt short resultsethusdt short target 1 done 318% lev x 100 32% levx 20 Congratulations followers the secret behind these results: the best indicators the best entry points. do you want to discover it, and be profitable? you will love trading with meShortby RODDYTRADING3
Ethereum (ETH): Possible Sharp Selloff To Happen!Ethereum is still trading near that zone of turnover where all we can do is wait for a sharp sell-off. Once we see it, we will start the movement to the lower target zone here, so eyes wide open!! Swallow Team Shortby SwallowPremium3310
ETH - What's next ?#ETH/USDT #Analysis Description --------------------------------------------------------------- + ETH has been trading within a range for over 2 months now. + The highest price reached was around $2800, and the lowest was in the $2100 range. + Currently, the price is in a downtrend, heading towards the support zone around the $2200 level. + We can expect an immediate reversal from the $2200 range. + This seems to be the final downtrend for ETH, and once it bounces from the support, we can anticipate it reaching the resistance zone and potentially breaking out with ease. + Let's see how this scenario unfolds. --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgoLongby VectorAlgoUpdated 229
ETH Ethereum Double BottomAfter the last price target was perfectly reached: I’m now anticipating a technical rebound based on this Double Bottom Bullish chart pattern. My price target is set at $2,700. Longby TopgOptionsUpdated 5
Ethereum (ETH): Rejection From Resistance / Possible Touch EMAsIn a 4-hour timeframe, we had a nice touch to upper zones about what we talked about last week as well. Now that we had a nice rejection price, we are going to go for the EMAs and test them, where ideally we should see a breakdown!! If we see a break of EMAs, we will be looking for further downward movement for sure! Swallow TeamShortby SwallowPremium337
ethusdt shortethusdt short Please don't be greedy ENTRY : yellow point TP : blue lines SL : below red line for LONG position above red line for SHORT position INSTRUCTIONS: For risk and money management: 5% of your wallet for LEV X ≤20 And 3% of your wallet for LEV X ≥ 20 you have to learn, tireless. You have to make sacrifices to be a good trader: dedicate time, invest money, win some, lose some, invest money to train, you must never be discouraged.You must learn to one day be a winner and financially free.Shortby RODDYTRADING0
ethusdt short resultsethusdt short targets 1 2 3 4 Done all targets done 395% lev x 100 80% lev x 20 congratutaions followers you have to learn, tireless. You have to make sacrifices to be a good trader: dedicate time, invest money, win some, lose some, invest money to train, you must never be discouraged.You must learn to one day be a winner and financially free. you will love trading with meShortby RODDYTRADING0
ETH / USDT prediciton#ETH/Usdt Price gathering liquidity that shown by circle So i think we will see lower price next days If 2640$ zone breaks to down then next level is around 2440$ So bcareful it's NOT A FINANCIAL ADVICE DYORShortby pichilotrades0
ETHUSDT.1DThe Ethereum (ETH/USDT) daily chart presents a fascinating study in technical resistance and consolidation phases, reflecting the complex dynamics currently at play in the cryptocurrency market. Key Observations: Descending Resistance: A key feature of the chart is the descending resistance line (R2) that has defined the downtrend since the highs earlier in the year. This line has repeatedly acted as a barrier to price advances. Support and Resistance Levels: The immediate resistance is marked by 'R1' at $2,829.29. If the price can surpass this level, it might attempt to approach the descending resistance line and possibly challenge higher resistance at 'R3' ($3,565.20). Support levels are currently defined by 'S1' at $2,101.09 and further down by 'S2', which while not visible on the current screen, is crucial for lower boundary assessments. Technical Indicators: Stochastic RSI: This indicator is nearing the oversold territory, suggesting potential for a bullish reversal or at least a stabilization if market sentiment can shift positively. MACD: The MACD line is below the signal line but shows a convergence that hints at a possible upcoming bullish crossover, suggesting an increase in upward momentum if sustained. Strategic Approach: Given the current market positioning, my approach would involve a cautious watch on the price action around 'R1'. A decisive close above this level could indicate a weakening in the bearish sentiment and might offer a trading opportunity targeting 'R2'. Conversely, should the price fail to break 'R1' and instead retreat towards 'S1', it would be prudent to consider defensive strategies, including potentially short positions, to capitalize on the downward movement. Conclusion: The ETH/USDT chart underscores a potentially pivotal moment for Ethereum. Traders should remain alert to the price action near these key technical levels and adjust their strategies accordingly. The near-oversold conditions of the Stochastic RSI combined with the MACD's behavior provide a nuanced picture that could favor bulls in the short term, provided other market conditions align. As always, maintaining rigorous risk management practices is essential, particularly in the volatile crypto markets, to protect against unforeseen shifts in market dynamics.Longby MarsSignals116
ETH - BUY SETUP (OCT 2024)ETH - BUY SETUP (OCT 2024) The technical analysis suggests this coin offers a good buying opportunity, with price action and indicators showing positive trends. However, consider crypto market volatility and manage risk before investing.Longby Ehsan_13072
ETH LONG- Lots of Long liquidations - Retest of Trendline - Filling FVG Low risk long opportunity with invalidation with a close below the 2750 area USDT.D could still retest its trendline so we could see lower prices still but risk is relatively low for this trade Longby Csr_1138222
ethusdt short resultsethusdt short targets 1 2 Done 178% levx 100 35% lev x 20 congratulations followersShortby RODDYTRADING111
ETH LONGLooking for price to pull back to the 0.618 which is also at the same level as a high timeframe order block. The market has been quite strong so it may not pull back to the entry. Longby Eastie_0
Ethereum (ETH): Sharp Rejection From ResistanceWe are seeing a sharp rejection happening from our zone of resistance, where if sellers manage to secure a zone below this resistance, we will see a further movement to lower zones (possibly touching the supportive zone). Swallow TeamShortby SwallowPremium114
Ethereum (ETH): Weekly Opening is Bearish / Rejection Ethereum had a strong bullish movement last week, and this week we are seeing a strong dominance from sellers. As we see a struggle near the current zone, we might see another re-test of the supportive trend here, so we are keeping our attentions there for now! The other scenario is where we will have a turnover of trend and we break that current smaller resistance zone (breaking last week's high zones). Swallow Team Shortby SwallowPremium112
ETH/USDTIn my opinion, wave 4 of 3 is completed, I will buy with this setup for wave 5 of super wave 3. Be sure to include the loss limit. Don't forget capital management. Maximum risk is 10% of the total capital.Longby BERYLLIUM_Updated 4414
ETHUSDTETHUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the 38% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea?by JustTradeSignals2
#ETH/USDT#ETH The price is moving in an ascending channel on the 4-hour frame And it is sticking to it well We have a bounce from the lower limit of the descending channel and we are now touching this support at the price of 2300 We have an upward trend on the RSI indicator that is about to be broken, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 2430 First target 2535 Second target 2619 Third target 2733Longby CryptoAnalystSignalUpdated 6