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ETH-D

Black Swan Incoming (Part 2)The series continues as Bitcoin fails to invalidate my thesis. This is most likely the start of the crash rather than the end. The first diagonal support comes in at 45-48k. Check out Part 1 above first. The Topping Fractal Strikes Again The entire move is orchestrated time and time again. You can see from Part 1 that 7-10 year wallets shifted massive amounts of Bitcoin right when we get this same topping pattern appearing. Coincidence? I think not. This is the third time it's happened now. You can see from the chart above we failed to break retracement levels. Chainlink Fractal What you are currently seeing above is REAL, it is happening. I thought about this possibly happening when I was actively trading this fractal back in 2023. This is the Chainlink fractal from last cycle overlaid to this current cycle. I traded this fractal back in 2023 and when I overlaid and saw that the Covid crash lined up with my Fib time, I thought, is it possible we get a crash in August 2024? I was going over this possibility in 2023! Mind-blowing. If the fractal plays out, that means that the bottom is basically in for LINK and the bull market starts now, with a top in September 2025. Anyways, I will post a different TA on LINK. The Million Dollar Question Is the double bottom in or not? I have wrestled with this question for months, over a year maybe. While all other analysts and everyone else is convinced that the double bottom is in, I have never been 100% sold on it. What do I mean? Well, since the first Bitcoin cycle, we have formed a double bottom before the bull market starts. As you can see, we always form a double bottom. If we repeat history, that means that Bitcoin will retest the 20k area. Everyone is convinced that this is the double bottom, but I have never been sold on this theory, especially when we have a CME GAP at 21k! Mayer Multiple Bands We can see that the last band is at 26k. For now, the worst case would be that price point. USDT Dominance Chart I was watching this closely. We were forming an ascending channel for a while. Bullish for USDT dominance means bad for the market. What is interesting is that we hit the same level in March 2022. Very interesting. Hash Ribbon First Failure? Will the hash ribbon fail completely this time? Last time it fired off a buy signal, it dumped 17% before going on a massive multi-month rally. We are currently down 29% since its buy. Fear and Greed Conclusion "IF" we even get a bull market, it will most likely start in 2025. We need to get interest rates under 2.5% at least. We have never had a bull market with rates so high. First cycle: 0%, second: 0.5-2.5%, and third cycle: 0%.
INDEX:BTCUSD
by Sporia
1
Bitcoin Dumping: Just A Little More!In my last BTC analysis I talked about the post-ETF sell-off that BTC saw, and which would likely trigger after the Ethereum ETF. We're now a few days after the fact and crypto is selling off hard, especially the alts. In my opinion, it's likely that BTC will keep on going down. We might see a short-term reversal in the near future due to being extremely oversold, but in the end I assume we will still revisit the green area as mentioned in this analysis: The green area is an ideal entry for the bulls. Ideally, it's paired with a daily oversold RSI. At the moment, my market outlook is neutral. Will switch bullish when we will break through the top yellow resistance and bearish if we fall through the bottom purple support. Interested to read your BTC outlook in the comments.
Long
by FieryTrading
27
ETH-USDT 12HInterval Chart ReviewHello everyone, let's take a look at the ETH to USDT chart on a 12-hour time frame. How can we see how the downtrend channel has been defined for us, in which we are at the lower border. Let's start by determining the support line and here you can see how the support at $2,823 has been broken and we are currently approaching the strong support at $2,626, while when we start going further, the next support is around $2,392. Looking the other way, there is resistance at $2,922, and then the price will again have to face the resistance zone from $3,098 to $3,225.
by cryptodailyuk
AUDIO/USDT NEW VOLUME RANGEAUDIO/USDT shows the low time frame possibility for new volume which can affect the price for an uptrend. ( depend all on high chance) There are no guarantees in the markets. The new increase volume updates start always with interest if there is a confirmation with follow, and if there is a building with hold for a time. 90% of coins this time are not building coins. some % shows also a start fake trend and return back where it did start. time frame confirmation + high levels building is important for a healthy coin. We are in a main market where panic is active. When this coin can confirm we will follow it further for trend follow. This update and all our updates are not trading advice, Trading can always be risky. Let's hope the best trades for everyone❤️
Long
by SatochiTrader
(ETH) ethereum "sunday best"By looking at iexec RLC a pattern of completion for trading psychology appears to show the depression point in the chart. Many other tokens are the same way. What is going on with Ethereum is much more radicalized and revolutionary. Is it possible to create new ideas to develop Ethereum even further than the capacity of what is already realized within the potential framework of the blockchain without the continuous need for extension tokens to always solve the missing parts of Ethereum? Messing around with lines,.
BITSTAMP:ETHUSD
by CryptocurrencyBlot
Ethereum Monthly and Weekly Analysis: Key Support and Resistance Ethereum has initiated a 146% bullish wave on the monthly timeframe but is currently undergoing a rest and correction phase. 🔍 Fibonacci Retracement Levels from 1516 to 4114: 0.38 Fib Level: 2864 0.5 Fib Level: 2548 0.618 Fib Level: 2268 🔗 Weekly Timeframe Insights: A 624-day long ascending channel is observed. The price is currently interacting with the midline of this ascending channel. The channel's bottom serves as a strong support zone around 2232 to 2505, which aligns with our PRZ (Potential Reversal Zone). 🛡️ Key Points: This PRZ lies between the 0.5 to 0.618 Fibonacci retracement levels. The 200 MA (Moving Average) on the monthly timeframe also converges in this area. The psychological level of $2500 is significant, with nearly $2 billion in long positions that could be liquidated around this zone. The horizontal channel target on the daily timeframe is also situated here. 📉 Daily Timeframe Observations: Currently, Ethereum is in a horizontal channel on the daily timeframe. The channel's bottom coincides with the weekly support at 2865. A break below this level might present a shorting opportunity. 💡 Strategic Suggestions: For long-term holds and buying, it’s advisable to wait until Ethereum reaches the PRZ and exhibits a bullish reaction and momentum. Alternatively, consider entering after a break above the daily channel. For DeFi or lending and borrowing, $2500 could be an interesting entry point, provided your liquidation level is below $1500. 🌟 If you find this analysis helpful, please like, comment, and share! Let's discuss further in the comments. Hashtags: #Ethereum #CryptoAnalysis #Trading #Fibonacci #SupportAndResistance #Tradecitypro #TCP Categories: Trend Analysis Support and Resistance Fibonacci Analysis
by tradecitypro
11
ETHUSDT - 4H a correction phaseRecent political developments have influenced the crypto market significantly. The rise in Trump’s chances initially propelled the crypto market upwards. However, with Biden dropping out of the presidential race and the introduction of his alternate candidate, Trump’s chances are now perceived to be decreasing, which could lead to a correction in the crypto market. From a technical perspective, COINBASE:ETHUSD has faced strong resistance at a key zone in the 4-hour time frame. Despite multiple attempts, BINANCE:ETHUSDT was unable to break through this crucial resistance level, suggesting a lack of bullish momentum to sustain higher prices. Additionally, the Relative Strength Index (RSI) shows a bearish divergence, indicating weakening buying pressure and potential for a downward move. Given the inability to breach the resistance, the bearish RSI divergence, and the prevailing political uncertainties, it is likely that ETH will experience a pullback. This correction could provide a consolidation phase before the market assesses the next potential moves. Traders should be cautious and consider the potential for a short-term decline in ETH prices.
Short
by Sober_Trading
2
Alikze »» CAKE | Head and shoulder pattern scenario🔍 Technical analysis: PullBack to broken structure - According to the analysis presented before, after touching the supply range, it faced selling pressure. - It is moving in a downward channel in the daily time frame. - In the last update, after reaching the 3.13 range, it faced selling pressure again, which touched the downward target in the range of 1.56. - Currently, the level of 3.13 has returned as much as 100% of the previous wave. - As can be seen, a head and shoulders pattern has been formed, which is confirmed by the break of the trigger line and neck line. 💎 Therefore, considering that it is located at the bottom of the channel, it can touch the target of 1.17 with pullback to the neck line. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»«««
Short
by alikze
2
ETHUSDT.1DUpon analyzing the ETH/USDT daily chart, it's clear that Ethereum has experienced a mix of bullish and bearish phases, with key resistance and support levels playing a pivotal role in its price movements. Let’s break down the crucial elements: Support and Resistance Levels: Support Level 1 (S1) is set at $2,780.64. This level has previously served as a turning point for price corrections and may provide a floor should the price drop further. Support Level 2 (S2) at $2,126.90, which marks a critical area if a more significant sell-off occurs. Resistance Level 1 (R1) at $4,105.80, representing a ceiling from previous price peaks that Ethereum might test if a bullish trend resumes. Technical Indicators: The MACD (Moving Average Convergence Divergence) is well below the zero line and shows a substantial bearish divergence. This indicates strong selling pressure and could suggest further downward movements unless there's a positive crossover soon. The RSI (Relative Strength Index) is nearing the oversold territory but has not yet entered it, signaling that while selling pressure is high, there might be some potential for stabilization or a corrective rally if the market perceives ETH as undervalued. Conclusion: The current market position for ETH/USDT suggests a cautious approach. The negative MACD and approaching oversold RSI indicate a bearish trend, but these also bring potential for reversal scenarios, particularly near strong support levels like S1 and S2. Traders should watch for any signs of bullish reversals or stabilization at these supports, which could offer buying opportunities. Conversely, a break below S2 could lead to accelerated declines, and thus risk management strategies should be prioritized. The market's reaction at these key junctures will be critical in determining Ethereum's path in the coming weeks. As always, it's essential to stay updated with broader market trends and news that could influence Ethereum's price.
by MarsSignals
ETH Weekly Chart: Accumulation Zone and Potential Breakout Setup#ETH/USDT #Analysis Description --------------------------------------------------------------- + Ethereum (ETH) has been consolidating in an accumulation zone between $2,900 and $3,500 after a significant rally. This zone is crucial as it represents a battle between bulls and bears, with accumulation possibly leading to a strong upward breakout. + The chart shows strong support at the $2,900 level, which aligns with the 21-Week EMA ($3,219). This area has been tested multiple times, reinforcing its importance as a potential launching point for the next move higher. + The price is currently sitting just below the 21 EMA, while the 55 EMA ($2,792) provides additional support below. The confluence of these EMAs suggests that the trend is still bullish, but a clear breakout above the accumulation zone is needed for confirmation. + The RSI is hovering around the neutral 50 level, indicating a lack of clear momentum, but it’s still holding above key levels that could indicate strength if it turns upward. The MACD is slightly bearish but not showing strong negative momentum, suggesting the potential for a reversal if buying pressure increases. + A breakout above the $3,500 resistance could trigger a strong rally, with the next major resistance levels around $5,000 and $8,000. This breakout would likely be confirmed by a bullish crossover in the MACD and an RSI move above 60. + If ETH breaks below the $2,900 support level, we could see a retest of the 55 EMA at $2,792 or even a deeper correction to the trendline support near $2,500. A bearish MACD crossover and a drop in RSI below 40 would confirm this scenario. Key Levels to Watch: Support: $2,900, 21 EMA ($3,219), 55 EMA ($2,792) Resistance: $3,500, $5,000, $8,000 --------------------------------------------------------------- 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, VectorAlgo
Long
by VectorAlgo
ETHUSDT: A Golden Opportunity?Hey everyone! Appreciate a like and follow if you find this analysis helpful! Let's dive into the ETH 2-day timeframe chart. We're currently observing a bullish flag pattern forming. The price is nearing the lower support line of this flag, a level that has held strong for the past six months. Historically, ETH has bounced positively from this zone. It's worth noting that the ETH ETF was recently launched, mirroring the BTC ETF launch in January. Following the BTC ETF launch, BTC experienced a roughly 20% drop before embarking on a parabolic 90% surge. A similar pattern could unfold for ETH. This setup presents a compelling risk-reward opportunity for ETH buying. Entry range: $2750-$2900 Targets: $3800, $5700, $7300, $10,000 Stop-loss: 2-day close below $2500 What are your thoughts on ETH's current price action? Share your analysis in the comments!
Long
by CoreCrypto1
(ETH) ethereumindicator look at the Ethereum price. The green line trend represents a price headed to higher prices when the green line touches down. The green line is touching the 0 horizon. There are many different indicators to determine positive or negative directions. These indicators give a potential positive outlook. Price of ethereum should retain some surmountable levels considering the hype and logical phase of ETH ETF. Ethereum did not go through a halving like Bitcoin therefore the future price of Ethereum is much more leading or telling based on history one might suppose.
BITSTAMP:ETHUSDLong
by CryptocurrencyBlot
ETH-USDT 12HHello everyone, let's take a look at the ETH to USDT chart on the 12h time frame. As you can see, the price broke out of the falling triangle, which resulted in a strong downward price movement. Let's start by determining the support line, but here you can see how we are first in the support zone, but if we fall lower, the next support is at $2,823 and then we have strong support at $2,626. Looking the other way, we have visible resistance at $3,146, then strong resistance at $3,263, and then the price must overcome the strong resistance zone from $3,441 to $3,566.
by cryptodailyuk
TOTAL CRYPTO TICKERThe auto fib retracement and auto fib extension show both indications cryptocurrency ripe to for taking in addition to a complete bottoming out of the price as a whole. Distracted by something, or too busy soaking up the second month of summer? Long orange line represents the time period when the drop happened and the price of cryptocurrency going beyond the 100 day without improving therefore falling. Looks like an opportunistic moment where the fibonacci levels appear as though cryptocurrency is flailing around underneath the resevoir of time and money.
CRYPTOCAP:TOTALLong
by CryptocurrencyBlot
Alikze »»TIA | Movement in the descending channel🔍 Technical analysis: Movement in the descending channel - It is moving in a downward channel in the daily and 4H time frames. - It is located in the middle of the channel and within the liquidity zone. If it can be placed above the region and the middle of the channel, it can retest the ceiling of the supply range channel. - The most important resistance for an upward trend is the $12.5 range. - By breaking the $12.5 range, it can have an upward trend. Otherwise, the downward trend will continue. 💎 Alternative scenario: If selling pressure is encountered in the current range and the middle of the channel, the first downward target will be the bottom range of the channel and then the target of 6.25. 💎 In addition, if this channel is broken, it can touch the green box area as much as the width of the channel. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»«««
Short
by alikze