ETH LONG PLAYeth long quick easy profit in play here, seller will take out the short liquidity then if you see in the daily the next run is going to the upside, so go longLongby fathi3231723
#ETH is blocked by the downward trend line📊#ETH is blocked by the downward trend line📉 🧠 From a structural perspective, the double top short structure is intact and there is still an expectation of a pullback. It is easy to see from the chart that we are currently blocked by the downward trend line and the price is in the resistance zone, so a decline is very likely. ➡️If you want to do long trading, you need to wait for the price to break through this resistance zone before considering it, or wait for the price to reach the buying zone below before considering it. Let’s see 👀 🤜If you like my analysis, please like 💖 and share 💬 💕 Follow me so you don't miss out on any signals and analyze 💯 BITGET:ETHUSDT.P Shortby wolf_king8885
ETHCRYPTOCAP:ETH is framing a bull flag in the 1h and 4h time frame , I want to wait untill the break out towards the upside . If CRYPTOCAP:ETH break out the support, I say invalid bull flag , let's see Look like bullish movementum ! Want to come vallume also #NFA #DYORLongby DAY110
Ethereum ETH ETF trading starts 23|07|24Rumor has it that ETH ETF trading will start tomorrow If memory serves, with the start of BTC ETF trading, the price of Bitcoin 💰 rose briefly, and then a 2-week correction followed... And then there was a without correcting rise #BTCUSDT price from $40 to $70k We model approximately the same scenario on the OKX:ETHUSDT chart As long as the CRYPTOCAP:ETH price is above $3000-3200, it is a strong asset. P.S: Exactly three years ago, on July 20-21, 2021, there was the final bottom of the “painfully” correction, and then was another six-month bull run in the crypto market. Conspiracy theorists and reptilians love these dates and numbers ;)by P_S_tradeUpdated 4425
ETH: Reaction to leve-priceAnalysis by ahmadArz📊 ETHUSDT This chart represents the Ethereum to Tether (ETHUSDT) pair on a 4-hour timeframe. The analysis of the chart includes several key price levels and potential price movement patterns. 1. **Key Price Levels:** - **$3950.23**: A strong resistance level where the price has reacted in the past. 📈 - **$3720.77**: Another resistance level near the current price (3736.24). 📊 - **$3410.90**: A support level to which the price might return. 📉 2. **Potential Patterns:** - Two curved arrows indicate two possible scenarios: - **Bullish Scenario**: If the price breaks above the $3720.77 level, it is likely to move towards the $3950.23 level. 🚀 - **Bearish Scenario**: If the price fails to break the $3720.77 level and declines, it might reach the support level of $3410.90. 🔻 3. **Reaction to Price Level:** - The text on the chart "Waiting for reaction to level-price" suggests that the analyst is waiting for the price to react to the $3720.77 level to decide which direction the price will move. ⏳ 4. **Black Arrows:** - The black arrows on the chart indicate key points where the price has reacted in the past. 📍 In summary, this analysis suggests that if the price can break the $3720.77 resistance level, it will likely move towards the next resistance at $3950.23. However, if it fails to break this level, it might return to the support level at $3410.90. The analyst is waiting for the price reaction at these key points to determine the next direction.Longby ahmadarzUpdated 4413
EthereumUpdate on this idea: I think wave 3 of 5 is now complete with an ending diagonal wave, so now either wave 4 has ended at the 0.236 fib level and we move up in wave 5 to $3670 or so, or move down to the 0.382 fib level before a push to $3670 or so. A break below $3148 in short term would invalidate this idea (wave 4 crossing wave 1)by Joseph_King2
ETH is moving SidewaysETH is moving Sideways and marked the strong resistance and support at upper and lower level as mentioned in the chart. I sugguest to wait till it break the channelsby limitissky770
Important section: 3265.0 ~ 0.618 (3543.65)Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- I think that the cause of the large volatility in the investment market is various political, economic, and social causes that affect the investment market. Therefore, I look for various issues or news. However, I think that these causes rarely directly affect the investment market. Therefore, I think it is better to first understand the flow of funds or charts of investment products and then look at various issues or news. Otherwise, you may interpret various issues or news from a subjective point of view and proceed with trading in the wrong direction. I hope that you always keep this in mind and maintain objectivity when conducting trading. ----------------------------------------- (ETHUSD 12M chart) ETHUSD chart is an INDEX chart provided by TradingView. - The first rising wave rose to around 0.886 (1384.76), and the second rising wave rose to around 3.14 (468.08). The wave we should pay attention to is the second wave. Since the third wave is in progress after the second wave, I think it needs to rise above 0.707 (3879.94), which is the downtrend point of the second wave, to eventually create a new rising wave. The 0.707 (3879.94) point corresponds to around 2.618 (3918.46) of the first rising wave, so we can see that it is an important location. - Also, you can see that the 0.5 (3092.49) point of the second rising wave is important because it is near the 2 (3014.40) point of the first rising wave. Therefore, if there is an additional decline, you should check if it is supported near 0.5 (3092.49). - If the price rises above 0.618 (3541.38) of the second rising wave and maintains, I think it is likely to rise to near 1 (4994.56). ------------------------------------------------------ The INDEX chart is a chart that synthesizes charts provided by multiple exchanges, so it cannot be used directly for trading. Therefore, you can use the INDEX chart to analyze the chart. - (ETHUSDT 1M chart) The ETHUSDT chart is a Binance exchange chart. - The 3321.30 point is the HA-High indicator point on the 1M chart. Therefore, it means that a high point section has been formed at the 3321.30 point. Therefore, if it is supported near 3321.30, it means that a new high point, that is, a new upward trend, is likely to be formed. If it falls without support, it will create a downward wave. ------------------------------------------------------------ (ETHUSDT 1W chart) It shows a downward and re-entered pattern in the rising channel. Therefore, the key is whether it can maintain the price by rising above 0.618 (3543.65). If not, it should check whether it is supported near 3265.0-3321.30. - If it falls below 3265.0-3321.30, there is a possibility that it will fall near the HA-Low indicator of the 1W chart, so you should think about a countermeasure for this. Currently, the HA-Low indicator of the 1W chart is formed at the 1340.12 point. As the price falls, there is a high possibility that a new HA-Low indicator will be created, so it is necessary to check where the HA-Low indicator is formed. - What we can do from the current position is to check whether it is supported near 3265.0-3321.30 or near 0.618 (3543.65). If it is supported near these two areas, you can start trading (buying). -------------------------------------------------------------- (ETHUSDT 1D chart) The chart may look complicated, but if you understand the important points or sections I mentioned in the explanation of the 1M, 1W charts above, I think you will have no difficulty in looking at the chart. - The section with the circle drawn is likely to play an important role as support and resistance. So, if you look at it broadly, 1. 3014.05-3321.30 2. 0.707 (3883.16) ~ 4093.92 You can see that the above 1 and 2 are forming large support and resistance sections. If we break this down a bit more, 1. 3014.05 ~ 0.5 (3093.51) 2. 3265.0-3321.30 3. 3503.68 ~ 0.618 (3543.65) 4. 3787.59 5. 3962.19 It can be divided into 1-5 above. - The current position is not a good area to start trading. The reason is that support has not been confirmed yet. Therefore, I think it is better to wait until support is confirmed around 3265.0-3321.30 or around 3503.68 ~ 0.618 (3543.65). - Since the HA-Low indicator on the 1D chart is formed at 3079.59, it is highly likely that the step-down trend will start when it falls below 3079.59 at the current point. Therefore, the support around 3265.0-3321.30 is the key. - Have a good time. Thank you. -------------------------------------------------- - Big picture It is expected that the full-scale uptrend will start when it rises above 29K. The section 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 readCryptoUpdated 8
A Case Study #2: Ether to $20.000Evening once again fellas, Don't be surprised to see ETH to hit this within the next year. It won't stop once it starts taking off. Trade thirsty.Longby mr_willmedina5
Suspicions of an Ethereum correction.Hello everyone. I suspect that Ethereum might correct to the $2,800-$3,000 range. The drop could be around ±20%. Market makers might want to execute one last shakeout of long traders before initiating alt season and a bullish run. Don't forget about projects like Hamster Kombat, which could bring 100-200 million people to crypto exchanges (rumor has it the token listing has been postponed to August 18, 2024). #eth #ethereumShortby ChainKnightsUpdated 8
#ETH may continue to fall according to the double top structure📊#ETH may continue to fall according to the double top structure📉 🧠 From a structural perspective, we have constructed a larger level double top short structure within the resistance zone with the ideal target zone of 3191-3279. Therefore, we will continue to look forward to the realization of this target area after locking in the main profits. 🔥Congratulations to all the friends who followed Wolf King to print money, they have made 300%+ profit so far. 🍻💰 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯 BITGET:ETHUSDT.P Shortby wolf_king8881
ETHEREUM → 4K Target. Waiting for SEC with ETH-ETF ↑BINANCE:ETHUSDT is ending the sell-off phase. Buyers have held a strong support area, forming an intermediate bottom. The liquidity capture led to a rebound, which can move into the phase of the uptrend continuation. Fundamentally, the main focus is on ETH-ETFs. Earlier traders were positive about the initial rumors of approval, now the important milestone is the admission of ETFs to trading, judging by the feedback and SEC sentiment, this could happen very soon (within 1-2 weeks) Technically, strong buyers appear in the 2800-2900 zone (judging by candlestick patterns and volume growth), restraining the market from falling and gaining momentum with the purpose of further strengthening (local price movement has a consolidation character). The trigger area for buyers is 3200. Accordingly, further final consolidation of the price above MA-200 and breakout of 3200 may become the reason for strengthening, the target of which may be 4000-4800. Resistance levels: 3200, 3357 Support levels: MA-200, 2868 Fundamentally, the situation is positive, traders are waiting for the news from SEC. Technically, on local timeframes there are prerequisites for a bullish mood, on D1 a rebound from strong support is forming. Accordingly, the overall tandem is signaling a possible further rise to 4K. Rate, share your opinion and questions, let's discuss what's going on with ♦︎ ETHEREUM ♦︎ ;) Regards R. Linda!Longby RLindaUpdated 3636261
ETHEREUM Approval Comming..`Hello crypto trading lover here is my view on ethereum if you trade only bitcoin then trade ethereum also for good volatility .. My level and chart will help you to view on etherum when to trade and how to trade.. by vikashsharmaxz2
Eth Teleporting to $4000 this weekTLDR summary: Entered eth long not too long ago. At the potential bottom of the move to come. Target $3860, and possible $4000 depending on the momentum. Deep analysis: The technical looks beautiful for it. All tf pretty much in sync. weekly, daily, 1hr and I would say 4hr if not for the recent close about 13 minutes ago, we need to break back above $3542 area to confirm bullish again on the 4hr(or make new LH and break that on the way up-unlikely scenario), thats my main concern right now- so this might not be the exact bottom but not far from its if not . The Fact that we close the 4hr tf structure below $3484 area a while ago suggest lower prices because bears were strong enough to actually cause the price to close below support. I'll be looking for signs to early exit around $3518-$3453 if price is struggling to push back up for 2-3RR. If am awake, at that time it's 3:53 am right now... If we do go lower I don't think we'll break pass $3453 area, that's next area for potential bottom tha'ts very likely to hold. From current price of post is roughly 12RR Another factor is timing. Big pumps tend to happen during NY session around 9-10 am so that's some alpha, there's a logical reason for and no it's not some ICT algo killzone BS. The reason is Volume-volume will spike because big pockets will be making a decisions around that time and about 5 other important time period in each day-hint-it's base on closure of certain candlesticks for confirmation. Anyways we just need to hold $3500 area by that time for major volume to kick in, so if you reading this before NY and want to position you still have time, I just choose to enter now because the price is low and it be a great entry if sticks...but from experience probably nothing much happen before nyc still--can make some money. On the fundamental side eth etf is schedule to start trading this week on the 23rd. That's 1 day away. It makes sense to pump before the actual event in anticipation rather than the day of. Also biden annoucement to step down happen on the weekend...that should cause increase volatility too as people are still digesting the news, paired that with the fail assassination on trump that is still relatively fresh news. Trump is bullish for crypto so these events pretty much increase his odds of winning thus bullish for crypto. And back to technical if you zoom out on the daily you'll find a very clean inverse head and shoulder pattern, if you go up more to the weekly you'll see there's clear space before next resistance around $3860 so this thing could really pop and you miss entry if not prepared because there's nothing much in it's way to suppress price when the demand spikes with volume and people start to fomo. So watch for pump later on around 9-11 am est. Can happen before that though, not often but can happen...Alright it's 4 am. Need to get my 3hr nap.Longby FilnftUpdated 1111
ETHEREUM ETF With the Ethereum ETF decision just days away, ETH has made a massive breakout play in an effort to front run a positive ETF outcome, the approval of VanEck and ArkInvest/ 21Shares ETH ETFs on the 23rd & 24th May respectively. In terms of price action and charting this is how I see it. Now that price has broken out from the downtrend and hit the Bearish OB as shown, I think many were caught of guard and expected any sort of volatility to come on the day of the decisions. Instead it seems many have decided to front run the decision and go long which opens up more challenges. I think ETH had priced in a rejection of the ETF at ~£3K , with how the SEC has viewed ETH and it's stance on insisting it's a security, Coinbase estimated a 30-40% chance of an approval last weekend. Now that price has risen almost as if we already have news of approval I think that should the ETF be denied we could fall straight back down to $3K area with support areas shown as targets on the chart. This would print a Bart Simpson style pattern and many Longs will be devastated. On the other hand, Bloomberg have said that the chances of approval has gone from 25% to 75% and the chart shows this new level of optimism. If the ETF is approved I could see ETH using this current level as a base to target new local highs and close the gap on BTC dominance. by ProR35Updated 119
Ethereum ETF Approval Met With Bearish Technical PatternBINANCE:ETHUSDT managed to print a slight gain over the past 24 hours to trade at $3,497.30 at press time. This slight uptick in the ETH price comes after the U.S. Securities and Exchange Commission (SEC) approved the listing of multiple spot Ethereum ETFs (exchange-traded funds). A Bearish Chart Pattern Forms on ETH’s Daily Chart The Ethereum price was rejected by the major resistance level at $3,555 in the last 48 hours, resulting in a retracement to the 9 Exponential Moving Average (EMA) line. If the leading altcoin falls below this technical crutch, ETH might be at risk of falling to the $3,351.15 support, which is also confluent with the 20 EMA line. Traders and investors will want to take note of the bearish rising wedge pattern that has formed on ETH’s daily chart. This specific pattern suggests the Ethereum price might undergo a strong correction. If this pattern is validated, the crypto’s price could fall below the $3,351.15 support and possibly fall to as low as $3,094.39 in the short to medium term. However, the Ethereum price might still bounce off of the $3,351.15 support if the rising wedge pattern plays out. This could be a pull back before the altcoin rallies above $3,555 to potentially rise to $3,677.31. This potential price drop might not even happen if ETH manages to close a daily candle above $3,555 within the next 3 days. In this alternative scenario, the Ethereum price might attempt a challenge at the aforementioned $3,677.31 resistance. Technicals Warn the Ethereum Price Might Pull Back Technical indicators on ETH’s daily chart warn the Ethereum price might drop in the next 48 hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) indicators are on the verge of triggering major bearish flags. Although the MACD line is currently positioned bullishly above the MACD Signal line, the narrowing gap between the two indicators warns that the positive cycle might soon come to an end. Meanwhile, the RSI is closing in on its Simple Moving Average (SMA) line on the daily chart, which could signal a bearish shift in strength if the two lines cross in the next 48-72 hours. Shortby Ecoinimist112
Ethereum longEthereum bounced off the ascending trendline and bounced off the support level. Bullish movement to resistance level at 3540 is expected to happen.Longby Cryptobees_buzz3311
ETHUSDT Pattern FormationThis crypto coin has been forming a bearish flag since it hit its ATH.Longby Vapari_IncUpdated 2
-RDThe existence of RD has finally caused the fall of Ethereum and if it loses its channel floor, it can have a further fallShortby Bitcoin_class111
The risk of Ethereum fallingThe presence of RD in the ascending path of Ethereum can be a danger that can cause Ethereum to make a return to its trend line.Shortby Bitcoin_classUpdated 4
ETHEREUM ETF !! Before Approval Hello Trader's.. Today Is ETH approval Day. And Here is my view On Ethereum Bullish After breakout Of My Level. So Trade Accordingly..And Patiently. by vikashsharmaxz331
Ethereum's Next Big Update: How This Trade Setup Scored 4% Here's a short and sweet update on our ETH trade: Remember, while this trade was profitable, always conduct your own research and manage risk appropriately in future trades. #Ethereum #ETHUpdate #CryptoTrading #DeFi #BlockchainTechnology #TradingStrategy #Cryptocurrency #ETHLong #TechnicalAnalysis #CryptoInvesting02:04by XTradeSetup112
Eth Speculation 1DEth moving Triangle pattern, Volume Going down. At this point market cloce to POC and coming up to Supply zone and fib 0,618. I alert on 3639 because after price move up close to downtrend line side, then just move sideways and will go down, and the confirmation of Short trade will be around 3600 .Shortby albertasjon221