ETH-D
A bullish scenario for EthSince we are still in the bullish ranges in the daily and 4-hour time frames and the price is fluctuating within an ascending triangle, witness the formation of an ascending range in 15 minutes and the formation of liquidity in the form of equal low above the unmitigated level of the one-hour POI. We are in this situation that as indicated in the chart, the price created a smart money trap with the formation of a QM-type inducement, which created a reason to take this liquidity and continue the upward movement, which due to the closure of the markets today and tomorrow, we expect to maintain this Support and upward movement of the price.
ETH. Road to a Trillion.We can highlight the formation of a global ascending triangle, which will take Ethereum to a trillion-dollar capitalization. But if we consider a more conservative option (marked in white), then the potential target = $7,000, which in turn is possible and quite achievable. Also, if you draw a global ascending channel on several reference points, you will see that the potential target is much higher.
ADA/BTC - My simple trade ideaADA/BTC went under a 6 months bottom trendline channel this week
I think its making a spring/fake out so basically :
if ADA/BTC manage to get back above this trendline, at ~550 there will be a possibility for the pair to go x10, meaning that ADA/USD could go at least x20 for this bull run
if it can't go back above this trendline, I will slowly quit ADA to go for other assets performing already well
Weekly RSI is in bullish divergence since the trend has started (summer 2024) so this is kinda a big sign that ppl are buying it and that the coin is not necessarily dead
note that ETH/BTC is quite in the same situation and I have the same strategy for this asset
If ETH breaks above 2730 then 3500 price target is magnetBINANCE:ETHUSDT has finally moved up a little bit after its sharp decline during the past weeks. Now if it breaks the key level resistances it will go quickly and sharply to $3500 in a matter of days since there is no major resistance level above it to slow it down. Do not fade the market these days. Keep an eye on the prices.
Neiro Ethereum ($NEIRO) Surges 10% on Partnering With DWF LabsNeiro Ethereum ($NEIRO), the dog-themed meme coin, has seen a sharp rise in market performance following a strategic partnership with DWF Labs, one of the leading Web3 investors and market makers. The collaboration has fueled positive market sentiment, driving the coin’s price up nearly 10%, with traders and investors eyeing further growth as the project positions itself for broader market expansion.
DWF Labs Partnership Sparks Optimism
On October 18, Neiro Ethereum made a major announcement on X (formerly Twitter), stating, “We are thrilled to partner with DWF Labs, a new generation Web3 investor and market maker.” The partnership is expected to bolster Neiro’s market presence and drive future growth. Market participants have reacted positively, as the meme coin continues to gain momentum with investors optimistic about the long-term prospects of this partnership.
While details of the collaboration are yet to be fully disclosed, the news has already had an immediate impact on market sentiment. Traders and investors alike have shown increased interest, as evidenced by the rising price and trading volume of $NEIRO.
Factors Driving NEIRO’s Price Surge
This new partnership with DWF Labs is significant for several reasons. As a reputable market maker, DWF Labs can provide essential liquidity, stability, and market expansion for the Neiro Ethereum token. This collaboration comes at a crucial time when meme coins, especially those with strong community backing like $NEIRO, are becoming more integrated into mainstream crypto markets.
With this partnership, Neiro ($NEIRO) aims to strengthen its market position, increase token liquidity, and expand its community presence. The coin’s 10% surge in price has caught the attention of investors, while the 17% spike in intraday trading volume reflects the positive market reception to the news.
Technical Analysis
At press time, $NEIRO is trading at $0.00197, up 10% in the past 24 hours. The coin's recent trading volume has surged by 17%, demonstrating robust buying interest from traders. On the technical side, $NEIRO is trading with a moderate Relative Strength Index (RSI) of 53, suggesting that the asset is neither overbought nor oversold, leaving room for more upward momentum.
The token is currently moving above key moving averages, confirming a bullish continuation pattern. This pattern aligns with previous behavior where $NEIRO tends to spike following consolidation phases. If the bullish momentum fades, key support levels are expected around the $0.0017 pivot point, which should help stabilize the price.
Furthermore, data from Coinglass reveals a 9% increase in open interest (OI) for $NEIRO futures contracts, bringing OI to $81.47 million. This, combined with a 13% rise in derivatives trading volume to $628.75 million, suggests increased speculative interest in the token and adds to the overall bullish outlook.
Broader Market Context
Neiro Ethereum’s rise is also in line with broader gains seen across the meme coin sector. Many meme tokens have experienced significant growth lately, capitalizing on increased speculative trading and renewed interest in the altcoin space. $NEIRO’s recent weekly and monthly price action underscores this trend, with gains of 7% and 32%, respectively.
As the partnership with DWF Labs continues to unfold, market participants are eager to see how this collaboration impacts Neiro Ethereum’s long-term trajectory. With the token already making strides in a competitive sector, its price action remains under close watch as traders anticipate further developments.
Conclusion
The partnership between Neiro Ethereum and DWF Labs has ignited optimism across the market, resulting in a 10% surge in $NEIRO’s price. As a meme coin with growing traction, Neiro is poised to benefit from the increased liquidity, market growth, and community expansion this collaboration offers. With bullish technical indicators and strong market sentiment, $NEIRO may continue its upward momentum, solidifying its place in the meme coin space
ETH / BTC Secondary trend. Descending channel. Wedge. 18 10 2024A local wedge-shaped formation has formed in the descending channel in this ETH/BTC trading pair. There is potential for a breakthrough and price growth, to the resistance of this descending channel. Perhaps after consolidation. If this happens, then most of the “long-suffering” altcoins will similarly go up in price, but with a larger %. The local alt season will begin.
This trading pair clearly shows how money flows from one high-cap asset to another. Shown on the chart. Look at the time and the Bitcoin to Dollar chart, at the time of the breakout of the symmetrical triangle of the distribution zone downwards (weakness of Ethereum relative to Bitcoin). Since then, Bitcoin has grown in price by almost +200%. While Ethereum relative to Bitcoin has weakened by as much as -50%.
Now there is a reverse flow of bitcoin into ether, and some alts, for about 1.5 months already. Then, the money will flow into a variety of alts, which will consequently be reflected in their prices a little later. Today is a significant date 18 10 2024. There are 18 days left until the US presidential election.
Remember, about this, where this zone is in the main trend.
Cue ball sets an example for the marketThe probability of an increase in bull activity is maturing in the market again, let's consider the situation. First of all, the cue ball headed for a 75k retest with a likely overshoot, but a parallel increase in dominance, as I warned in previous reviews. The reaction on the viola should be expected after the cue ball is fixed in the trend and later when taking the level at 75k. In this regard, the first wave of alt activity is likely at the change of the month. I would like to draw your attention to the fact that when the first monthly candle closes in the bullish quarter, the probability of continued growth of the cue ball will increase until the middle of the quarter.
According to the cue ball, the second half of the month opened above 65k, which gives a signal for a slow continuation of growth and increases the probability of closing the month with a bullish candle. After consolidating the current weekly bullish trend, which is almost guaranteed, the prospects for the end of the month will become obvious and there is a high probability of tightening the altos to the current cue ball pattern. In this regard, as we approach the end of the month and the growth of the cue ball stabilizes, the probability of viola breakouts increases.
Against the background of the positive cue ball, first of all, we can expect an increase in purchases on alt over the weekend with a reversal of weekly candles in bullish and purchases in the second half of next week already for a reversal of monthly candles in bullish.
Strong pressure on alcohols is also exerted by the strongly growing dollar, against which the cue ball is trying to grow. This situation is fraught with a breakdown of the cue ball trend, which slows down investments in riskier altos. The same confidence is given to the altos at the end of the month by ether, which opened the second half of the month above 2600, which gives a signal for the test of 2750 and in the case of opening a new month above the level, a breakdown to 3250-3500 can be expected.
Until the growth is finally fixed, I am not in a hurry to take new coins to work. I still hold large positions primarily on troy vib and ast, which are in the most oversold position on the binance and do not have a monitoring tag. This weekend and next week, there is a chance of overshooting past impulses with an increase of up to 70-100% from current levels. I also use gft to save funds in the medium term due to high liquidity and derivatives.
Among the coins with much larger goals for growth, but also the risk due to the monitoring tag, oax ooki is the most interesting. For security reasons, these coins can be taken in the second half of the week, since delistings most often take place in the first, and as reliably as possible on weekends. Last weekend, oax took a nice walk due to the presence of a pair to btc and more liquidity, ooki did not have enough liquidity for significant growth. This weekend, given the last bullish candle, oax has a chance to try to go to the test of the target range 0.25-35. At the end of next week, this probability will increase further. Ooki also has a growth potential of up to 100%+, however, due to low liquidity, it should be counted on last, already in the case of a large wave of growth in oax.
ETH/USDT: Ready for Liftoff? $3,500 Target in Sight!Hey everyone!
If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates!
ETH is looking incredibly bullish right now. It just broke out of a symmetrical triangle on the 8-hour time frame, signaling potential for a strong upward move. I’m eyeing a push toward the $3,500 level.
Target: $3,400 - $3,500
Stop-Loss: $2,500
What are your thoughts on ETH’s current price action? Are you spotting this bullish setup too? Drop your analysis in the comments below, and let’s ride this wave together! 🚀
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.
Ethereum is undervalued by society!As we mentioned, Ethereum is one of the three assets that the market maker has been accumulating. As you may have noticed, 2/3 of the assets have already shown their strong growth (Bitcoin and Solana), while the dominance of BITSTAMP:ETHUSD is at its lows since 2021.
It is also worth paying attention to the data inside the blockchain, which shows a large accumulation of BITSTAMP:ETHUSD on the wallets of market makers, investment funds and large conglomerate like BlackRock, Vanguard and others. Most recently, BlackRock exchanged their Bitcoin to buy Ethereum, which is a direct signal of bullish sentiment towards Vitalik Buterin's project. We expect a rapid growth of BITSTAMP:ETHUSD in the next two months with a top update!
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