ETH-D
ETH/USDT CHART UPDATE !!ETH/USDT chart update shows Ethereum trading within a descending channel pattern. The recent price action indicates that ETH is testing the upper boundary of the channel as potential resistance.
Ethereum is consolidating within a clear descending channel, and the upper trendline is currently acting as resistance.
The price is struggling to break above the channel's resistance, which could result in a pullback if the breakout fails to materialize.
The lower boundary of the channel and the horizontal support zone below it remain key levels to watch for any potential downside movements.
Ethereum manages to break out of the descending channel with strong momentum, it could signal a bullish reversal. However, failure to do so may lead to further consolidation or a retest of lower support levels. Traders should monitor these levels closely to anticipate the next significant move.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
10/17 Give us a healthy pull back. Overview:
The AMEX:SPY continues its upward trajectory, hitting new all-time highs. The bullish momentum is supported by more companies exceeding earnings expectations this week. Despite rising unemployment and persistent inflation, corporations are posting record profits. It’s a reminder that the stock market and the economy don’t always move in sync.
The NASDAQ:QQQ , representing big tech, is hovering near its all-time high but struggling to break through. The Federal Reserve reported fewer initial jobless claims at 241k, a decrease from last week, but still higher than the average over the last three years. The CME Watch Tool now indicates a 9.3% chance of no rate cut in the next meeting on November 7th, influenced by these labor market figures.
Meanwhile, a surge in BTC ETF purchases has been observed throughout the week. Yesterday, BlackRock acquired $309 million worth, nearly tripling its average of $117.4 million. This marks their fourth consecutive day of buying. Even Grayscale joined the action. Altogether, $1.854 billion flowed into BTC ETFs this week. This could either mark the peak of the sixth bullish wave or set up a breakout from the year-long bullish flag pattern. BTC saw an 8% rise this week, making it one of the top five best-performing weeks of the year, including February's pump following BTC ETF approval. However, the volume remains lower than expected. For a full trend confirmation, we need institutional whales to join in. If we are indeed breaking out of the bullish flag, the volume should match levels seen at the beginning of the bull run in October and November 2023, when weekly volumes were 80-100% higher than this week.
BTC Technical Analysis:
W: On the weekly chart, BINANCE:BTCUSDT candle wick has reached July's open and close but hasn't tested its highs around $70k. A close above $68.2k this week would be a bullish signal. We still have Friday, but the weekend isn’t likely to bring much action.
D: BTC has been at the upper Bollinger Band for four consecutive days without any correction or pullback. The candles are reminiscent of the week of September 3rd, which saw an 8.5% pump, followed by a fake breakout and an additional 4.54% rise before a sharp decline wiped out all gains within ten days. A healthy pullback could target the $64-68k range—but of course, the bullish sentiment says, "No pullbacks on the way to the moon!"
4h: The current pump started at the key 2024 level of $62.7k, rising in three waves. The third push had lower volume, signaling a price-volume divergence. RSI has exceeded 70 twice and is now trending down, showing divergence with the price. On-Balance Volume (OBV) and Cumulative Volume Delta (CVD) also indicate divergence. Without a clear shooting star candle with high volume, nothing is confirmed yet. We might see some sideways action over the weekend before a possible breakout on Sunday evening.
1h: Bearish.
Alts Relative to BTC: ETH, SOL, and NEAR are showing weakness. None have reached their July peaks like BTC, and they have all pulled back after this week’s pump. Quick question: Does MKR have a bottom?
Bull Case: If we continue breaking out of the bull flag, the pump could extend into next week, with potential gains of another 6-8%. If Trump wins and crypto rallies, rates could be cut in November and December, bringing them down to 4.25-4.50%.
Bear Case: We could continue oscillating within the $58-70k range, and we are currently at the upper end.
Fear and Greed Index: Currently at 58, still Neutral, but it touched the Greed level of 60 yesterday.
Can $DMAGA Hit New Highs Before the 2024 Elections?In a wild blend of meme culture, political narrative, and cryptocurrency, Dark MAGA (ETH: DMAGA) has emerged as a token deeply tied to the so-called “Dark MAGA” movement. The token's community-led revival, following its abandonment by its original creators, has created a unique project fueled by a mix of meme warfare, political satire, and celebrity endorsements. With Elon Musk and others pushing the Dark MAGA narrative, the $DMAGA token has garnered attention across the crypto world.
What Is Dark MAGA ($DMAGA)?
Dark MAGA is an Ethereum-based token with the overarching narrative of supporting the "Dark MAGA" movement, which envisions a vengeful Donald Trump defeating his enemies. The movement has gained traction in meme culture, and (ETH: DMAGA) is now a part of this resurgence.
The token, once left for dead, has seen a community takeover (CTO) led by @seanybitcoins and other key figures, including @LordDefi, one of the earliest Bitcoin adopters from 2010. This takeover has reinvigorated the project, with the token’s price surging dramatically as of late. The current price sits at $0.0000033, reflecting a 35% increase in the last 24 hours, driven by Elon Musk's involvement in promoting the narrative, and his past support of Donald Trump.
Key Statistics
- Current Price: $0.0000033 USD
- Market Cap: $1.39M USD
- 24-Hour Trading Volume: $921,780 USD
- Circulating Supply: 420.64 billion DMAGA coins
- Max Supply: 420.64 billion DMAGA coins
- Contract Address: 0x5640e0560e6afd6a9f4ddb41230d0201d181fea7
- Pooled DMAGA (Liquidity): 46.94B DMAGA
Technical Outlook
Dark MAGA (ETH: DMAGA) has seen a 35.29% surge in the last 24 hours. Its technical indicators show signs of early momentum building up as the project gains attention. The Relative Strength Index (RSI) of 49 reflects a moderately neutral position, indicating that while the token is not overbought, it is still in an early-stage rally with potential for upward movement.
The project currently boasts a 24-hour trading volume of $921.78K, and the market cap stands at $1.39M. Despite minor dips, $DMAGA has consistently stayed above key moving averages, suggesting a strong underlying trend that could see further gains.
On the liquidity front, the token's total pooled DMAGA sits at 46.94 billion, with a paired liquidity pool in WETH, the contract address being 0x8f8120fddb7b372d40d518f93ec371455d375b7b.
Community Takeover & Political Meme Support
The project's revival is driven by a passionate community and key crypto figures. @seanybitcoins and @LordDefi have been instrumental in leading this movement, organizing Twitter spaces and discussions that tie in Dark MAGA’s memes and political sentiments with real-world narratives.
The key turning point for $DMAGA’s growth came from Elon Musk. His tweet about Dark MAGA catalyzed a massive spike in the token’s value, creating a rally fueled by his influence and meme culture. Musk’s public endorsement of Donald Trump and his significant $75 million contribution to Trump's campaign further cemented $DMAGA’s place in this movement, tying it deeply to the political ecosystem.
The top 10 holders own 30.85% of the circulating tokens, which reflects a moderately decentralized distribution, ensuring that the community remains influential in guiding the token’s future.
Potential Risks
Despite the promising technical setup and strong community backing, the token still faces the typical risks associated with meme coins. Price volatility remains high, and a significant portion of the token supply is concentrated in a few wallets, which could pose risks of large sell-offs.
Moreover, much of $DMAGA’s success depends on the continuation of the Elon-Trump narrative. A shift in political sentiment or waning meme culture could impact the token’s price trajectory. However, with the election looming, there’s optimism that the coin’s connection to this ecosystem will continue to fuel its growth.
Conclusion
Dark MAGA ($DMAGA) is a fascinating example of a meme coin with a political twist. Backed by a strong community and influential figures like Elon Musk, the project has positioned itself for further gains, especially as the U.S. election approaches. While there are risks inherent to its meme-driven nature, the token's current technical setup and fundamental backing make it a potentially profitable play for those willing to ride the wave.
EIGEN COIN LONG OPPORTUNITY - ALTCOIN MARKET EIGEN is one of my favorite coins due to its strong fundamentals.
Fundamental Analysis: EIGEN has over $11 billion locked on its platform, making it the 3rd highest in total locked value in the entire crypto market. Additionally, it’s the first and best restaking platform on Ethereum.
Technical Analysis: EIGEN bounced off the daily demand zone, and the 4H structure has confirmed that the price is seeking upside liquidity/expansion.
I expect it to reach these two targets and potentially much higher, possibly even new all-time highs during the next altseason.
I believe we’ve hit the bottom for this coin, and I’ve opened a position.
ETH - Roadmap to $3,300!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
ETH has been hovering within a large range, forming a symmetrical triangle marked in orange.
📈 For the long-term bullish trend to be confirmed, a break above the $2,830 level is needed.
In that scenario, a move toward the next resistance at $3,300 is expected.
📉 Meanwhile, another bearish leg within the triangle is anticipated.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
FET COIN SWING LONG OPPORTUNITY - AI CRYPTO MARKETAI technology is booming alongside the semiconductor industry, as we saw with massive new all-time highs yesterday (17/10/24). I believe the AI sector within the crypto market will quickly benefit from this trend.
FET recently broke its diagonal structure and is currently sitting within the weekly demand zone.
I believe we are ready for a takeoff, aiming for a swing trade that could bring us to new all-time highs.
Both the daily and weekly demand zones are currently supporting the price. I received LTF (lower time frame) confirmations and have bought a spot position as well as opened a swing long position.
ETH at a Crossroads – Will We Pump to 2,915 or Slip Below 2,480?Alright, folks, Ethereum is sitting on the edge. If the bulls make a move, we could ride the wave toward 2,915 resistance. But if momentum fades, it’s a quick slide down to 2,480. This is where things could get interesting—either we break out or catch a pullback.
Key Levels:
Resistance: 2,915 – Clear this, and we might see some serious upside action.
Support: 2,683 – Bulls need to hold strong here to avoid trouble.
Downside Zone: 2,480 – If we lose steam, this could be our landing zone.
It’s one of those “stay sharp” moments—do we get a breakout, or are we in for some chop? Let me know your take—do we pump higher or dip for a reset? Drop your thoughts, follow, and share if this breakdown helped you prep for the move.
Mindbloome Trader
Sell ETH/USDT Channel BreakoutThe ETH/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 2620, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 2488
2nd Support – 2410
Stop-Loss: To manage risk, place a stop-loss order above 2700. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
ETH/USDT 1D chart review Long-TermHello everyone, let's look at the current ETH situation considering the time frame of one day. In this situation, we can see how the price will send up from the triangle.
Let's start by setting goals for the near future, which include:
T1 = $2,667
T2 = $2763
T3 = $2,891
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $2587
SL2 = $2528
SL3 = $2,429
SL4 = $2,357
ETH/USDT 1D chart review Long-TermHello everyone, let's look at the current ETH situation considering the time frame of one day. In this situation, we can see how the price will send up from the triangle.
Let's start by setting goals for the near future, which include:
T1 = $2,667
T2 = $2763
T3 = $2,891
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $2587
SL2 = $2528
SL3 = $2,429
SL4 = $2,357
Ethereum to 3000$ - ETH POSSIBLE SWING ZONEHello friends,
Crypto markets and risk assets have been performing well recently.
Bitcoin is beginning its delayed bullish momentum and catching up with indices like the S&P 500.
Ethereum and altcoins are also following this bullish trend.
I believe we may see Ethereum experience a small retracement to the marked zone labeled as the 'Long Zone,' and from there, it could take off toward Target 1 and Target 2, eventually reaching $3,000 in my opinion.
The 'Long Zone' is the area where I consider a swing position for Ethereum.
Of course, don’t forget about the geopolitical risks and the U.S. elections on November 5th. The momentum could shift significantly if we receive negative news.
Please be cautious and avoid taking risks that you aren’t prepared to lose.
Nothing I share is financial advice. For educational purposes only.
Ethereum - big move is coming. My 2 plans Ethereum - big move is coming. My 2 plans
I expect big rise on ETH because OI is nearly ATH
my 2 scenarios
1st - price create range - at VAL of that range we take LONG (80% chance)
2nd plan - bigger SL hunt happens and price re-test POC of previous range $2445 area
ETH/USDT Analysis Update!Ethereum shows signs of resistance near the upper trendline within a descending channel, indicating a potential pullback in the near term.
Ethereum is currently testing the resistance level at the channel's upper boundary. Previous attempts to break the above have resulted in pullbacks, which could happen again if buying pressure does not increase.
The highlighted yellow area is a crucial support area, where buying activity has provided consistent upside in the past.
The recent price action indicates a potential bearish divergence, indicating potential downward movement if confirmed.
Consider a short position if the price fails to break the resistance level.
A stop-loss can be placed slightly above the resistance line to manage risk.
Target the lower support area around $2,270 to $2,210 as a potential area for profit-taking.
Continuous monitoring of Ethereum’s price action around the resistance level will be crucial to anticipate the next significant move.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
Goatseus Maximus NO.1 MEME FOR THIS BULLRUN (TA+TRADE PLAN)TECHNICAL ANALYSIS + TRADE PLAN BY BLAŽ FABJAN
WHY GOATSEUS MAXIMUS IS THE NO.1 MEMECOIN OF THIS BULLRUN:
🚀🚀 GOATSEUS MAXIMUS IS THE NEXT MEMECOIN MOONSHOT! 🚀🚀
Massive Hype: With a loyal community backing and meme-driven momentum, Goatseus Maximus is poised to take over the meme-coin space!
Bullish Sentiment: The charts don’t lie! All technical indicators are showing a solid upward trend, making it the perfect time to jump in and ride the wave to MAXIMUM PROFITS!
Potential for Explosive Gains: At just $0.2375, this memecoin is undervalued but ready to explode with the next wave of FOMO. Get in before it’s too late!
Market Pair: GOATUSDT (BitMart Exchange)
Price Action: Goatseus Maximus (GOATUSDT) is currently trading at $0.2375, experiencing an 8.34% drop from a recent high of $0.2997.
Volume: 289.336K USDT, signaling a potential increase in interest.
Price Pattern:
An upward trading channel is forming on the 4-hour chart. The price is bouncing between support and resistance within this channel, with clear upward momentum indicating the possibility of a breakout. The candlesticks suggest higher lows, indicating bullish sentiment is gradually building up.
Price Projections:
Immediate Resistance: $0.300 (key psychological and technical level)
Support Level: $0.200 (within the lower bounds of the trading channel)
Upside Targets: Should the breakout occur, the next target price could be $0.400 - $0.450, as indicated by the overall upward trajectory in the trading channel.
Trading Plan:
Entry Strategy:
Consider entering a long position at $0.240 - $0.250 range, ensuring the price stays within the bullish channel.
Place stop-loss below the $0.200 support level to protect against sudden market downturns.
Profit Targets:
First Take-Profit (TP1): $0.300, capturing gains at the upper resistance of the current channel.
Second Take-Profit (TP2): $0.400 - $0.450, based on expected bullish breakout beyond the channel, leveraging strong momentum.
Risk Management:
Risk no more than 5% of your capital on this trade.
Maintain a 1:3 risk-reward ratio, meaning for every $1 risked, expect $3 in profit if the trade plays out as anticipated.
Prepare for an epic ride to the moon! 🌕
#SUI LONG IDEA - POSSIBLE SWING LONG#SUI is the one of the best coin that has bullish momentum currently.
I will be watching to marked 'Long Zone' for possible swing position.
LTF confirmation will be needed in order to open position.
Risk assests are doing good recently but we have still geopolitical risks currently.
Nothing i share is financial advice. Education purposes only.
#Altcoins #Crypto #altcoin #AltSeason2024 #SUI #SUINETWORK
Its Time , Bitcoin 160k by March or September 2025?We are in the early stages of the next bull market. The question was never "if" but rather "when." The probability has shifted significantly to the upside in the last two months. Really, nothing much has been going on, and I’m waiting for my confirmation markers to trigger before making a technical analysis.
In my view, we are in a pretty large bull flag, and a mirror move like the one we saw from September 2023 to March 2024 could push Bitcoin to $160K by March 2025.
There are two major dates I’m focusing on: March/April 2025 and September 2025.
The clearest sign of a change in trend is that we stopped putting in lower lows and formed a triple bottom with bullish divergence on the daily chart.
The puzzle for the rest of 2024 and 2025 is not whether we will have a bull market but where and when the cycle top will occur. It's more of a question of timing, and that’s what I’m focusing on.
**March/April 2025 - Possible Top**
As you can see, since 2019, the average duration of major Bitcoin rallies has been 147 days. Even the longest rallies of 196 days would reach May 2025.
Looking at my time cycles, we also have a hit around March 2025.
The USDT dominance chart is currently in a bear flag. A mirror move similar to September 2023 to March 2024 would bring dominance levels down to the November 2021 cycle top, around April 2025.
**September 2025 - Possible Top**
For those who don’t know, Bitcoin’s last two cycles took exactly the same time from cycle low to top, 1064 days. If we overlay 1064 days from this cycle's low, it puts the cycle top in early October 2025, which is very close to my Fibonacci time date in September 2025.
I know there’s a lot on this chart to digest, but just focus on the red and yellow circles. Do you see the pattern? Every other sine wave peak is a cycle top. The next sine wave peak falls between September and December 2025.
The Chainlink fractal from last year is still playing out. If it continues, the top is projected for August 11, 2025, again very close to that September 2025 date.
KDA is also an interesting chart for me because it’s mirroring the last cycle closely, which again puts the cycle top in September 2025.
**Conclusion**
USDT dominance is in a bear flag, which is a clue. I’ve been in this position many times before, and USDT dominance has often signaled the way. If this bear flag follows through, it will trigger the first wave of the bull run.
**So, March/April 2025 Cycle Top:**
- 147-day average Bitcoin rallies
- USDT dominance chart mirror move
- A time cycle hit
**September 2025 Cycle Top:**
- Chainlink fractal
- KDA fractal
- Sine line peaks
- 1064 days from cycle low to top
If it’s March/April 2025 and we get a PI cycle cross, we’re out, that’s for sure , we most definitely not taking that chance that "this time its different"
Euphoria Blindness
Oct.8-Oct.14(ETH)Weekly market recapLast week, the U.S. CPI data for September was released. Although the CPI figure was higher than expected, it was still lower than the previous value. We believe that once the Federal Reserve enters a rate-cutting cycle, as long as the CPI data does not significantly deviate from expectations, the market will not price in a recession or an inflation rebound. It will generally lead to a positive outcome. After going through an aggressive rate-hike cycle and entering a rate-cutting cycle, capital will no longer need to worry about changes in liquidity. In the early stages of rate cuts, investors will need to consider which market to enter to achieve high returns.
We observed the performance of the Chinese stock market at the end of September, and yesterday, the BTC ETF saw an inflow of over $500 million, the largest inflow in the past three months. Capital is starting to flow back into the cryptocurrency market, and this continuous inflow is providing price support.
ETH, which had been relatively underperforming, also saw a certain level of pump yesterday, with the price nearing previous highs. However, from the ME indicator, it can still be seen that short positions are dominating ETH. The WTA indicator shows no signs of whale activity.
In summary, we believe ETH is likely to experience a week of consolidation. We maintain the previous resistance level of 2,800 and support level of 2,100.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
10/14 Bull run if THIS level confirmed as supportOverview:
The U.S. observed Columbus Day on Monday, with most businesses closed, but trading activity was still alive and well. The PYTH:SPY closed its fifth consecutive green day, reaching a new all-time high, while the PYTH:QQQ approaches its own record. Due to the holiday, the Federal Reserve didn't release any data, but tomorrow we'll see the Empire State Manufacturing Survey, and by Thursday, we’ll have jobless claims numbers, retail sales, home builder confidence, and business inventory reports.
Interestingly, the CME Watch Tool is now showing a 16.4% chance of no rate cut in November, up from just 10% last Friday. This shift may be in response to an overheated equities market. Meanwhile, Monday saw a wave of buying activity in crypto ETFs, with big names like BlackRock, Grayscale, and even Fidelity getting involved. ETH also caught BlackRock’s attention.
For a more reliable corporate earnings calendar, try this updated tool: finance.yahoo.com
BTC TA:
W: Last week, BINANCE:BTCUSDT opened at $62,810 and closed at $62,845, forming a large indecisive doji candle but managing to stay above the Bollinger Band middle line (BB MA). Throughout the week, the price showed lower highs and lower lows until Asian bulls stepped in on Monday morning. While U.S. traders were off for the holiday, Asian traders pushed BTC past its previous high, stopping just short of the crucial $66,550 mark. Keep an eye on $62.7k—it’s a key level on the weekly, 3-month, yearly, and current bull run (since October 2023) point of control. Anything above this level suggests a potential breakout toward $70k, while falling below it could indicate a bearish trend. To confirm, we need to see $62.7k act as solid support. We’ve already had two fake breakouts, so the chances of another are slim, but not impossible.
D: Over the last four days, BTC quickly moved from the bottom to the top of its Bollinger Bands. Coinbase reported 13.5k transactions on Monday—a strong volume, but not as high as in January or October 2023, when this bull run began. This suggests that larger institutional players are still waiting on the sidelines, watching closely. Despite the Fed’s rate cut and China’s $25 billion stimulus, global liquidity has been declining for the last 29 days.
4h: The RSI has hit 75, indicating an overbought condition. If you pull a Fibonacci retracement, the 0.618 level aligns with $64 k, which also coincides with previous weekly and daily resistance levels. This also matches the October 7th high, forming a critical level of interest.
1h: On Monday at 11 am Shanghai time, a large green candle kicked off a rally. Ten hours later, New York bulls joined the action, extending the pump. The rally lasted 19 hours, pushing BTC up by 6.23%.
Alts Relative to BTC: Altcoins are moving in tandem with BTC, but this rally isn’t as much about alts as it is about Bitcoin. While BTC gained 5%, ETH, SOL, and NEAR only posted gains of 6.x%, and none have reached their previous highs. SUI, APT, and TAO have even corrected slightly after their substantial gains of 100% or more over the last 30-40 days, leaving them room to consolidate.
Bull Case: We’re on the verge of exiting the bull flag pattern. Once the global liquidity index starts rising again, markets will likely be flooded with cheap money, fueling risk-on assets like crypto. A bounce off the $62.7k level will confirm it as support, pushing the bullish narrative.
Bear Case: If we see a third fake breakout, it could trap all the bulls.
Fear and Greed Index: Currently at 56, still in Neutral territory but just 4 points away from Greed.
Prediction: The outlook remains bullish, provided we don’t see another fake breakout, and $62.7k can be established as a solid support level.
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