Ethereum long from 2435$ regionLong entry from this region looks good .
Target is around 2550$-2560$.
If btc starts moving to the upside ether could also surprise us with a great move to the upside and tap that 3k region.
All eyes on Btc dominance .
Ether
ETHBTC is about to make a historical moveAnything that follows is not to be taken as financial advice.
This is the Binance weekly chart for ETHBTC, with a single indicator loaded on: the Bollinger Bands Width Percentile.
The BBWP is a volatility indicator that measures whether or not we should be looking for the price action of the examined asset to contract or expand in relation to its own past volatility, calculated by the BBW.
Simply put, it tells us if we should be expecting the asset to be in a mostly sideways price action, or if it's appropriate to look for expansion.
Make no mistake, volatility is a direction-neutral indicator, meaning it's inherently neither bullish nor bearish.
We can see some flashing red and blue bars in the background, they're there to warn us about an extremely high (red) volatility environment, or an extremely low (blue) one.
Generally, when the asset is in an extremely high volatility environment, it's wise to expect it to cool off, therefore looking for price action to generally reduce its turbulent behavior.
This implies the exact opposite for when the volatility is extremely low.
With default settings, which I'm running, extremely high volatility is considered to be between 98% and 100%, while extremely low volatility is found between 0% and 2%.
Let's focus on the blue bars for this analysis.
Only once in the history of this chart, two weeks straight of extremely low volatility can be observed.
From there, the expansion led to an initial move up, and then ultimately a move down of -26.95% from the open of next week to the lowest point of the move.
Right now, ETHBTC is waiting for a massive expansion after twelve weeks straight of extremely low volatility.
If it was to expand to the downside from this point, a move of roughly the same impact would see this asset retest the june 2022 low.
However, spending more time contracting, usually means having a more explosive move when the time comes.
In the case of a downside move, I don't think it would be too crazy to look for a retest of Q1 2021 highs, anywhere around the 0.045 level.
That would make for about a -33% move from here, but I'd say there's fair concern for said move ending up being more destructive than that.
This could happen along with BTCUSD breaking into a new bull market while ETHUSD fails to catch up just like it did in the past, although that's just speculation on my part.
Remember, volatility is direction-neutral, while price action might look bearish right now, there is no way to tell where a future sustained volatility expansion might lead this asset to.
Personally speaking, I believe that if it were to expand to the upside, a retest of the ATH would definetely be within reach, seeing as ETHBTC has been consolidating for about 22 months.
It would certainly result in a massive move, more than a 2x from here, since the ATH is around 0.15 and the asset is now trading at around 0.067, but we've seen crazier things in crypto.
Whenever the expansion happens, and wherever it brings ETHBTC to, good luck and stay safe.
Long on Eth, AB=CD pattern R/R=3.5After a rally and the price gets stuck in a channel, it is expected that the price can grow as much as the previous rally after exiting the channel.
R/R=3.5 and safe for long
A leading Diagonal #EthereumA leading diagonal has formed for #EthUsd. Expect correction. Wave 2 should end ~$1800 or ~$1600.
ETH/USDT Back to 1800 ?It's time to decide if you're following the 'Buy the Rumor ETH ETF narrative", or you're going to Short the TOP of the CHANNEL.
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We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
[eth] 12-29-23good eve'
we've come a really long way since the og prediction (view bottom of thread for the og posts).
we had our eyes on this move long before people even expected a local top, which btw smacked a lot of people.
b\x waves come in all shapes and sizes; sometimes they're shallow, other times flat, and occasionally very steep - but... one thing we know about b\x waves, with a very high level of certainty, is that they are "suckers rallies". it was ralph nelson elliott himself who coined the term "suckers rally" initially, which is what we call the b-wave \ "complacency phase" today.
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i won't sit here and tell you that i know precisely where this b wave will end, because quite frankly this time around i do not know, and i'm not afraid to admit that. what i will say though - is when retail begins to get confident during a staged complacency phase, that is the time to be sidelined.
🔮
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og predictions:
🚧Ethereum Analysis(Three Falling Peaks Pattern)🚧🎄Merry Christmas!
💫Happy Holidays! I hope all of your Christmas wishes come true.
✅ Ethereum(ETH) managed to form a Three Falling Peaks Pattern near the 🔴 Heavy Resistance zone($2,540_$2,300) 🔴 and 🟡 Price Reversal Zone (PRZ) 🟡.
📚What is the Three Falling Peaks Pattern❗️❓
🔸 The three falling peaks pattern consists of three peaks and two valleys of give or take equal size. The pattern has a downward slope meaning that each peak is lower than the last, and the same applies to the valleys.
🔸The three falling peaks pattern validly forms when, after the last peak, the price falls below the second valley signaling a market reversal and a large price drop.
🔨Also, Ethereum managed to break the Support line and 🟢Support zone($2,270_$2,245) 🟢.
🔔I expect Ethereum to continue its decline towards the next 🟢Support zone($2,167_$2,116) 🟢 after completing the pullback to the 🟢Support zone($2,270_$2,245)🟢 and Support line .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Ethereum Analyze ( ETHUSDT), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
ETH unlikely to dip below $2,000 ETHUSDT Technical Analysis Update:
There are two potential scenarios for a rebound.
Scenario 1: The previous resistance level at $2,140 could now act as crucial support for ETH, potentially triggering a bounce from this level.
Scenario 2: At the $2,000 level, two historical resistances could act as support for ETH. Additionally, the $2,000 level carries psychological significance as support for ETH.
If Ethereum (ETH) price reaches the $2,000 level, the 100-day Exponential Moving Average (EMA) could act as a potential support in the day chart.
Ethereum price may consolidate above the $2,000 support level for a month before the upward move.
I believe the ETH price is unlikely to fall below $2,000
ETHUSDT Looks Promising For a Long Trade.ETHUSDT Technical Analysis Update
"The ETH price broke out of its channel pattern weeks ago and is now preparing to break its resistance line.
Buy zone : Below $2050
Stop loss : $1925
Regard:
Hexa
🗺️Ethereum Roadmap🗺️⏰(15-minute time frame)⏰✅It seems that Ethereum managed to break the Important Resistance line .
⚔️At the moment, Ethereum is attacking the 🔴 Heavy Resistance zone($2,540-$2,300) 🔴.
🌊According to Elliott's wave theory, Ethereum completes a main wave 5 .
🎯Main wave 5 is likely to be completed in my Target .
Ethereum Analyze ( ETHUSDT), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
ETHUSD - Green Signal for Alt SeasonGreeting,
Update on Dec 8, 2024 - Our analysis was 100% accurate about alt season as a lot of the alts have grown significantly over the last 24 hours. Since ETH's move up, it has been consolidating and giving room for other alts to grow.
Idea Published On Dec 7, 2024 - While the whole crypto market has been led by BTC so far, ETH seems to be indicating that Alt Season is approaching if not here already.
BTC created the bullish wedge pattern which a lot of the major alt coins replicated along with ETH as show on the chart. As BTC broke above that pattern, so did the alts. BTC has been consolidating currently and that has historically been the period when alt coins start to grow.
ETH's move up indicates that very notion that the funds are now flowing in alts as BTC takes a breather before the next jump. This is a healthy sign since alt coins are usually where we find opportunity of multiple X growths. Our Gems Series is presenting all those opportunities to our followers. Let's hope we all make good returns in this bull cycle.
Yesterday we published this and another idea where we had shared link for of some other platforms where we are present which was against TradingView's house rules therefore both the ideas got banned. Please make sure that you do not make the same mistake.
Note: This is not financial advise and shall only be used for educational and/or entertainment purpose. Please do your own research before investing. Crypto Markets are highly volatile and you are responsible for the risk of losing your entire investment.
Ethereum big trap for allPrepare for nice bull trap with further bear trap.
Not a trading idea, just my opinion.
Celebrating Ether's Breakthrough! Let's Ride the Bullish WaveEther (ETH) has just broken through its prior resistance levels and is now eyeing its next target of $3000! 🚀🎉
The recent surge in Ether's price has been nothing short of remarkable. With each passing day, it becomes increasingly evident that the Ethereum network and its native token, Ether, are gaining tremendous momentum and support from institutional and retail investors alike. As traders, this is an opportunity we cannot afford to miss!
So, why should you consider long positions on Ether? Allow me to present you with some compelling reasons:
1. **Technical Breakthrough**: Ether's successful breach of prior resistance levels indicates a significant shift in market sentiment. With an ever-growing ecosystem of innovative projects and smart contracts, Ethereum's potential for further growth and adoption is immense. By longing Ether, you're positioning yourself at the forefront of this exciting revolution.
3. **Institutional Support**: Major institutions are increasingly recognizing the value and potential of Ether. With companies like Tesla, Square, and PayPal embracing cryptocurrencies, we can expect more institutional investors to follow suit. By entering long positions now, you'll be aligning yourself with the big players in the market.
Now, it's time for action! Seize this opportunity and join me in long positions on Ether. Let's maximize this bullish trend and ride it to new heights together. Here's what you can do to get started:
1. **Evaluate Your Strategy**: Take a moment to review your trading strategy and consider incorporating long positions on Ether. Assess your risk tolerance and set appropriate stop-loss levels to protect your capital.
2. **Choose a Reliable Exchange**: Ensure you're using a reputable and secure cryptocurrency exchange that supports Ether trading. Look for platforms with robust trading features, competitive fees, and reliable customer support.
3. **Stay Informed**: Keep a close eye on market trends, news, and technical analysis to make informed trading decisions. Stay connected with reliable sources and engage with fellow traders to gain valuable insights.
Remember, trading involves risks, and you must conduct your due diligence before making any investment decisions. However, with Ether's current momentum and potential, now might be the perfect time to jump on board and ride the wave of success.
Let's celebrate Ether's breakthrough together and make profitable trades! If you have any questions or need further assistance, feel free to reach out via commenting below. I'm here to support you on this exciting journey.
Analyzing ETH's Future: A Cautious Approach to Long Positions
While some voices in the market are calling for ETH to reach all-time highs, it is crucial to approach these predictions with a cautious mindset. As traders, we understand the importance of thoroughly analyzing various factors before making any investment decisions. Let's take a moment to consider the current situation and its potential implications.
ETH has undoubtedly been on an impressive upward trend, showcasing remarkable resilience and growth. However, as we approach new price levels, it becomes increasingly important to exercise caution. History has taught us that markets are rarely linear, and corrections are an inherent part of any asset's journey toward new heights.
In light of this, I encourage you to consider adopting a cautious long-term strategy when it comes to ETH. While it is true that the overall sentiment is positive, it is equally important to remain aware of potential bearish signals that may emerge. By taking a measured approach, we can mitigate risks and make well-informed decisions.
To assist you in your trading journey, I recommend keeping a close eye on key indicators such as trading volume, market sentiment, and price action. These factors can provide valuable insights into the market's sentiment and potential shifts in trends. Additionally, it is crucial to stay informed about any upcoming events or news that may impact ETH's performance.
As we navigate this dynamic market, it is essential to remember that successful trading requires discipline, patience, and a constant reassessment of our strategies. By approaching ETH with caution, we can better position ourselves to capitalize on potential opportunities while managing risks effectively.
In conclusion, while some predict ETH's ascent to new all-time highs, I urge you to adopt a cautious approach. Stay vigilant, analyze the market objectively, and be prepared for potential corrections along the way. By doing so, we can make informed decisions and navigate this exciting market with confidence.
⚠️Ethereum(ETH) will Go Down at least ➖40%⚠️👋Hi, everyone. I hope you have a great weekend.🥳
📈Today, I am going to analyze Ethereum(ETH) for you; since more than 80% of the Tokens in the cryptocurrency market are on the Ethereum network , I hope this analysis will give you a good insight into investing in Ethereum(ETH)and other tokens .
✅Ethereum(ETH) reacts well to the 🔴 Heavy Resistance zone($2,520-$1,880) 🔴 and has taken a downward trend again in recent weeks .
☠️One of the reasons for the fall of Ethereum(ETH), in addition to hitting a 🔴 Heavy Resistance zone($2,520-$1,880) 🔴, is the DeathCross Signal .
📚☠️ Death Cross Signal ☠️: The death cross appears on a chart when an asset's short-term Moving Average(MA), usually the 50-day , crosses below its long-term moving average, usually the 200-day .
💡Also, if you look carefully at my chart, the Pitchfork lines also have a good effect on Ethereum(ETH), although in order not to make the chart busy, I refrained from drawing all the lines.
🌊According to the theory of Elliott waves , Ethereum(ETH) seems to be in a Super Cycle so that the main wave 3 ended at $4,868 and Ethereum(ETH) is currently completing the main corrective wave 4 .
🌊Considering that first microwave of the main wave 4 has 3 waves , it is a bit difficult to recognize the correction structure of the main wave 4, but most likely it will be a correction structure of the Double Three Correction(WXY) type.
🌊It seems that Ethereum(ETH) has completed microwave X of the main wave 4 in the 🔴 Heavy Resistance zone($2,520-$1,880) 🔴, which can be one of the signs of the ☠️ Death Cross Signal ☠️.
Now, before concluding, let's take a look at the ETHBTC chart analysis, which gives us a good idea that if the cryptocurrency market falls or rises, Ethereum(ETH) will rise or fall more or less than Bitcoin(BTC)(About 4 months ago, I shared with you the analysis of ETHBTC which is running well✅).👇
💡The chart above👆 shows that it is likely that Ethereum(ETH) will start to rise again after entering the 🟢 Heavy Support zone(0.057 BTC-0.049 BTC) 🟢 and 🟡 Price Reversal Zone(PRZ) 🟡 will be less affected if Bitcoin(BTC) falls.
🔔As a result, I expect that the Ethereum(ETH), as I explained to you, will have a downward trend( ➖40% ) in the next 3-4 months and will begin to rise again, at least to the 🔴 Heavy Resistance zone($2,520-$1,880) 🔴 as it approaches the 🟢 Heavy Support zone($1,060-$744)🟢 , Support line and Pitchfork lines .
🔔So it's better to invest in Tokens that are on the Ethereum network and wait for Ethereum(ETH) to at least enter the 🟢 Heavy Support zone($1,060-$744)🟢 , maybe Altseason will start from this zone.
🙏In the end, I have to apologize for the fact that the chart is busy, but in my opinion, all the lines and indicators were needed for your better understanding of the analysis, and I also hope that this analysis has an 📚 educational 📚 aspect for you.
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I would be happy to share your opinion about Ethereum(ETH) for the mid and even long-term below this post.
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Ethereum Analyze (ETHUSDT), Weekly time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
ETH Ethereum Price Target If you haven`t bought the dip on ETH:
Then you need to know that Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion.
The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"!
The question arises: from where will these substantial funds be derived?
One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%.
Among the tokens impacted is ETH Ethereum.
I've set a short-term price target for ETH Ethereum at $1950.
Looking forward to read your opinion about it!
Join the Excitement: Long ETH as It Aims for $2100!Brace yourselves, because ETH is on the verge of a major breakthrough! Analysts and experts are predicting that ETH's next target is an impressive $2100, and the excitement is palpable!
Why am I so thrilled about this? Well, let me tell you why this is an opportunity you don't want to miss. ETH has been making remarkable strides lately, with its value steadily climbing and its market dominance growing stronger. As one of the most influential cryptocurrencies out there, ETH has proven itself time and again as a force to be reckoned with.
Now, as the market sentiment turns increasingly bullish, it's the perfect time to consider going long on ETH. This exciting surge towards $2100 presents a golden opportunity for you to ride the wave and potentially reap substantial profits. Whether you're an experienced trader or just starting out, this is a chance to capitalize on the upward momentum and be part of the ETH success story.
So, how can you take advantage of this thrilling moment? It's simple! By going long on ETH, you can position yourself to benefit from its anticipated rise to $2100. Don't let this opportunity slip through your fingers. Seize the moment and make a move that could potentially transform your financial future.
Here's your call-to-action: Act today and open a long position on ETH. Whether you prefer trading on a reputable exchange or utilizing a reliable trading platform, make sure you have the tools and resources necessary to capitalize on this exciting market movement. Remember, timing is crucial, so don't delay!
Join the growing number of ETH enthusiasts who are eagerly anticipating its ascent to $2100. Let's ride this wave of excitement together and make the most of this incredible opportunity!
If you have any questions or need assistance in getting started, feel free to reach out. I'm here to help you navigate this thrilling journey towards $2100 and beyond.
The beginning of the end for $eth or will it rise?CRYPTOCAP:ETH is at an important juncture visible through this dominance chart. You can see its dominance has broken through to the downside at a weak spot in the ichimoku cloud. It is also currently below the 77 Vwma with a mere 18 hours to go until this candle closes. The significance of this is that there hasn't been a close below it since July of 2020, right before its run to all time highs. So is this going to cause more downward pressure after the close or is it now the time to buy in anticipation of another bull run. Seemingly as alts rise or fall based on CRYPTOCAP:ETH price in the past, I believe the direction of the market, other than bitcoin, will be determined by price action of ether in the coming weeks.
ETH's Phenomenal Bullish Flag and Your Chance to Long ETH!Ethereum (ETH), that unstoppable force of innovation and decentralized potential, has just experienced a jaw-dropping bullish flag after an outstanding breakout. This unprecedented event has set the stage for an extraordinary opportunity, and I couldn't contain my excitement any longer - it's time for you to long ETH!
A bullish flag breakout is like witnessing a majestic creature soar high above the clouds, defying all limits and embracing its full potential. It's an adrenaline-fueled rally that propels ETH to new heights, and guess what? That time is now! With this awe-inspiring bullish flag, ETH's potential knows no bounds; it's soaring skywards, ready to rewrite the history books once again.
But what makes this breakout even more thrilling is the dawn of a new era for Ethereum. With the launch of Ethereum 2.0 just on the horizon, we are witnessing a groundbreaking transformation that will revolutionize the world of decentralized finance and elevate ETH's value exponentially.
Now, fellow traders, it's time to seize this incredible moment. Let your excitement power your actions! Take your stand, and join the long ETH movement without hesitation. This is your opportunity to be part of a revolutionary journey, a journey that could change your financial landscape forever.
So, don't let this extraordinary bullish flag fade away without taking a leap of faith. Remember, legends aren't created by sitting on the sidelines - they are made by seizing the opportunities in front of us. Long ETH today and become part of this awe-inspiring story that's unfolding before our very eyes!
#eth #ethereum short term movements#ethusdt has been moving inside this ascending wedge. If #ethprice again declines from top of this channel (2250 - 2300 usd) , then a dump will likely occur.
The invalidation is: If #ethusd price smashes 2300 - 2500 usd price zone with weekly closing and strong volume.
NOT FINANCIAL ADVICE.
Market Update - November 10 2023
Bitcoin rises above $37k as ETF momentum continues: Bitcoin rose throughout the week before settling around the $37k range by Friday. The price of BTC was largely in consolidation mode early in the week, which shifted to an upward trajectory after reports surfaced that an eight-day window had opened for the SEC to approve spot bitcoin ETF applications. BTC gained about 7% over the last seven days and is now up more than 25% over the past month.
Ether launches past $2,000 and BlackRock begins spot ether ETF process: After lagging behind BTC and surging altcoins, ether (ETH) saw renewed strength this week rallying above $2,000. Further bolstering ETH, BlackRock registered an iShares Ethereum Trust in Delaware, which is an early step in the application process for a spot ether ETF.
Solana continues to rise gaining ~30%, and Ripple signs deals with Georgia and Dubai: Solana (SOL) built on recent gains this week, rallying another ~30% and topping $50 a token by Friday. SOL is now up over 100% over the past three months. XRP also had a positive week benefiting from recently announced Ripple partnerships with Georgia and Dubai. XRP is up ~30% over the past month, and has gained over 50% in the past six months.
Crypto fund inflows surge over past six weeks: CoinShares data showed $767 million of inflows to crypto funds over the past six weeks, recording the most cash injected since 2021’s bull run. The $767 million in inflows surpassed 2022’s total inflows of $736 million.
Bankruptcy judge approves Celsius reorganization plan: Defunct crypto lender Celsius had its reorganization plan approved by a Bankruptcy Judge on Thursday. The plan would establish a new entity, NewCo, backed by seed funding of $450 million. The new entity aims to be publicly listed and would be focused on Bitcoin mining and staking. The plan would also require sign off from the SEC. Repayments to creditors could start as soon as early 2024.
🧙Topic of the Week: Origins of Bitcoin
🫱 Read more here
ETH Breaks Through $2000 with Blackrock's New ETH ETF!
I'm thrilled to share that Ethereum (ETH) has just shattered the $2000 mark, and the excitement doesn't end there. Blackrock, the renowned investment management firm, has recently announced the launch of their brand-new Ethereum Exchange-Traded Fund (ETF). This development is a game-changer for the crypto market and presents an incredible opportunity for all of us.
ETH's breakthrough beyond $2000 is a testament to its growing popularity and widespread adoption. With the backing of Blackrock, a giant in the financial industry, this milestone further solidifies Ethereum's position as a leading digital asset. The launch of their ETH ETF is a clear indication of the increasing institutional interest in cryptocurrencies and the immense potential they hold.
Now, you might be wondering, what does this mean for you as a trader? Well, it's time to seize the moment and consider going long on ETH! The combination of ETH's remarkable price surge and the introduction of Blackrock's ETH ETF opens up a world of possibilities. It's an ideal time to capitalize on this bullish trend and potentially reap substantial profits.
So, why should you consider long positions on ETH? Here are a few compelling reasons:
1. Institutional Confidence: With Blackrock's entry into the Ethereum market, it's evident that major financial players are recognizing the long-term value and potential of ETH. This institutional confidence can act as a catalyst for further price appreciation.
2. Market Momentum: ETH's recent breakthrough is a testament to its growing demand and market momentum. As more investors flock to Ethereum, the upward trend is likely to continue, potentially leading to even greater gains.
3. Diversification: Adding ETH to your portfolio provides diversification, reducing risk and offering exposure to a rapidly expanding asset class. With Blackrock's ETH ETF, you can now access Ethereum's potential without directly holding the underlying asset.
Now is the time to take action and make the most of this exciting opportunity. Consider long positions on ETH, keeping in mind your risk tolerance and investment strategy. As always, it's essential to conduct thorough research and consult with your financial advisor before making any investment decisions.
Remember, the crypto market is known for its volatility, so it's crucial to stay informed and adapt your strategy accordingly. Keep a close eye on market trends, news updates, and any regulatory developments that may impact the crypto space.
Wishing you a prosperous journey as you navigate the exciting world of cryptocurrencies!
Happy trading!
