My expectation from Ethereum (Bullish)#ETH seems to be in an ascending channel. I recommend to buy weekly.
ETHEREUM-USDT
Ethereum 8-Year Rising Wedge: Bearish Break Out!In previous ETH analyses I talked about this huge 8 year wedge pattern on the ETH chart. Where my initial takes were bullish, we've seen a bearish break out as of last week.
From a neutral point of view, this is 100% bad news. ETH will likely fall more and move towards the 1000$-1500$ area (yellow).
Might be a hot take, but most alts have been performing extremely poor recently and are down 60%-80% from their 2024 tops. Bitcoin is holding up relatively well, but that's because the BTC dominance increased by a factor of ~1.4x this year. Money is flowing out of alts (including ETH) and moving to stables and BTC.
What do you think? Will ETH drop more, or go back up?
Ethereum: Watch This Channel!ETH has been trading inside this channel for over two years now. After the recent touch of the support, the support has solidified itself even further. Note that the support is a more clear-cut line, while the resistance is more an area.
Another touch of the bottom support would potentially be great news for the bulls, hence the signal on the chart. Seeing that we already touched it recently, we can use the wick as a clear stop level. Target placed at the top of the channel, $5000. This will create a great trade with a RR of 8.5.
Keep in mind that the support could potentially also break down. This would indicate a long-term bearish shift in trend.
Bitcoin Quick Bullish Channel Set-Up: Trade The Wave!In this analysis I want to take a look at the bullish channel that BTC has been trading in for around 3 weeks. The bottom support and top resistance are perfectly matchin price action, so my guess is that a lot of traders are looking at this set-up.
I anticipate that BTC will reverse from this point. Unless the stock markets break down, the chart is clearly suggesting a reversal.
To minimize potential losses we keep a tight stop. Target at the top resistance. When doing this we can create a decent trade with a good R/R ratio as seen on the chart.
ETHUSDT LongBased on the previous analysis, I anticipate that the bullish momentum will continue.Entry price at 3220, SL at 3000 and Tp at 3800
The R:R for this trade is 1 : 2.6
A Case Study #2: Ether to $20.000Evening once again fellas,
Don't be surprised to see ETH to hit this within the next year.
It won't stop once it starts taking off.
Trade thirsty.
Ethereum On A 7 Year Old Support! Is This The Bottom?Now that crypto has been trading bearish for weeks, there might be a light at the end of this dark tunnel.
Ethereum has seemingly found support on a 7-year old support line, which originated late 2016 when ETH was still trading around 7$.
As seen on the chart, the support line has also signaled a pump back in September of 2023.
If this support holds, it might be the last time that ETH will be trading at 3,000$ forever. On the other hand, if BTC will continue to fall, ETH will likely follow.
It remains to be seen whether ETH bulls can keep the BTC bears in check. I'd say it's more likely that ETH will fall through this support in the near future than not. Nevertheless, ETH is trading at a very interesting place for bullish traders.
Ethereum Waiting For A Great EntryAs seen on the chart, ETH has been trading alongside two strong bullish supports over the course of the last two years.
Personally, I'm waiting for a better entry before considering a near-term long swing entry, trade is on the chart.
These supports have historically held strong, so chances are that they will continue to do so. Keeping the TP close to reduce risk.
A riskier bet would be to put the TP at 5.000, higher risk and also higher reward.
🔥 Ethereum Bull-Flag Break Out!After months of bearish price action, Ethereum has finally broken out of a bull-flag pattern. The fact that we're up >10% on the break out is extremely bullish.
I think this is the start of a prolonged bullish trend over the summer. First target placed at $5000.
🔥 Ethereum's Big Short: Conquer The Next Bear MarketThis analysis is based on a massive rising wedge pattern that has been developing over 7 years at this point. It's a long-term trade, so we have to be patient.
The trade is simple; we're going to wait until the top of the next bull-market to enter a short on ETH. When this trade will activated remains to be seen. I'm waiting for ETH to touch the top resistance of the pattern.
Rising wedges are often bearish reversal patterns, so we can ride the wave from ~15k all the way to ~3k potentially. Exact numbers will be clear once we actually arrive there.
Assuming we're going to touch the top resistance, this trade can be double dipped:
- Buy and hold until the top resistance has been hit for 400%-500% gains.
- Short for another 60%-80% gain.
ETHEREUM - Price can continue to move up inside rising channelHi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊
Some time ago price declined to resistance level, which coincided with resistance area and broke it.
ETH declined lower $3240 level, but soon rose higher, making fake breakout and starting to grow in channel.
Inside channel, ETH soon reached resistance line and at once bounced down to $3240 support level, after which bounced up.
Then price in a short time reached $3720 resistance level, but when ETH touched this level, it at once declined.
At the moment, price trades near this level and I think Ethereum can first make small correction.
After this, ETH can bounce up to $3865 resistance line of channel, breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
🔥 Bitcoin Bull-Flag Break Out Confirmed! Next Leg Up Coming 🚀In my most recent BTC analysis I talked about Bitcoin's pending break out of the bull-flag pattern on the chart.
As of today, my initial entry has been hit and the top resistance has been retested as support. This makes me believe that the break out is legit and that a new leg up is on the horizon.
My target remains at 80k, although I wouldn't be surprised if we surpass that.
For the people who missed my last entry, I put a new signal on the chart at the right side. Keep in mind that this is a very tight trade. However, if it plays out it can be a good money maker with an RR of over 7.
🔥 Bitcoin Bull-Flag Taking Shape: Preparing For 80k!In this analysis I want to take a closer look at Bitcoin's performance over the last few weeks. My earlier analyses proved to be wrong, so waiting until the market shows us clarity is always a good idea.
Now that BTC has established two higher-lows after the big sell-off on March 5th, we can say with some confidence that BTC is currently trading in a bull-flag pattern like the one on the chart.
Bull-flags classically break bullish, so we're going to place our target at the closest round number of 80k. If you want to change this trade into a longer-term one, change the target to 100k with an even higher R/R.
🔥 Ethereum Dead Cat Bounce? Potential Massive Sell-Off ComingIn this analysis I want to take a look at ETH's price action over the last few weeks. It appears that ETH is underway to form a classical pattern that most of you a familiar with, a dead cat bounce into another sell-off.
Keep in mind, the dead cat has not been confirmed yet, since the price needs to go below the purple dotted line. Still, it's a pattern that will likely play out if the Bitcoin bulls will not step in very soon.
ETH (and likely also BTC) is at risk of giving away most post-ETF gains if this continues. We knew already from other analyses that Bitcoin is far ahead of where it *should* be at this point in time, so a correction might be necessary? Time will tell.
SHORT ETH WITH MINIMUM TARGET 2700BTC as well as ETH have finally lost momentum after huge rally in light of the US SPOT ETF approval.
target could be 2800, 2700, 2650, 2400
BTC BEARISH 15% - 20% CRASH EXPECTEDAfter mammoth rally of BTC & securing 1.2T market cap. Its time to sell it or short with small leverage.
Targets can be 49200, 48000, 46500
BTC Short setup for this end monthBTC failed to cross 53k level again & again. Due to weekend & end of the february month, we expect a major drop up to 44k level.
🔥 Bitcoin Losing Strength? My Perfect Entry!Let me preface that this analysis is not a prediction of bearish price action. My short-term bias is still bullish and I wouldn't be surprised if we make a new ATH before the halving.
That being said, I can very well be wrong on my bullish bias. Trading consists of IF>THEN. IF Bitcoin loses the uptrend, THEN we wait for the price to reach the bottom support of the channel.
We can also see a clear bearish divergence on the 3D chart (at the moment). Bears will be happy to see it, but I doubt it will post a long-term threat to the bulls.
Better be prepared in case things go south.
🔥 How To Time The Market: Become Rich With Ethereum!In this analysis I want to discuss a way to time the market. Or more precise: to time the next ETH market bottom.
We don't have a lot of trading data to look at, but we have 2 instances where this strategy has worked. The strategy is simple: buy Ethereum once the weekly RSI is below 30 and enjoy the ride.
Every single time that ETH has reached oversold, this was the bear-market bottom for the cycle and ETH pumped.
Make your life easier and put an alert on your chart. Might take a few years for the alert to hit, but at least you're going to be prepared.
Next time you will actually buy the bottom instead of selling it with this simple trick.
After strong impulse up, Ethereum can start to decline to 2660Hello traders, I want share with you my opinion about Ethereum. Looking at the chart, we can see how the price started to trades in the range, where it some time fell to the buyer zone, but last time it turned around and made an upward impulse to the 2660 level, which coincided with the support area, thereby exiting from range. After this movement, the price entered to triangle, where it rebounded from the resistance line and made a strong correction movement to the buyer zone, which coincided with the 2270 level. But soon, the price turned around, started to rise and in a short time rose to the resistance line of the triangle. Then ETH broke this line, exiting from the triangle pattern, and rose to the 2660 level and soon broke it. Also recently, the price rose higher than the support area, and possibly ETH can grow to 2885 points, after which it turn around and starts to decline to the current support level. So, that's why I set my take profit at the 2660 level. Please share this idea with your friends and click Boost 🚀
🔥 Bitcoin's Moment Of Truth: Will The Bulls Win?Over the course of the last months I've made plenty analyses on the bullish channel that BTC is trading in. As of today, BTC is seemingly making first steps to break out of this channel.
This area will be likely highly contested by bulls and bears. Bears will see a perfect entry for a short, bulls will see a perfect entry to exit (part of) their long position. We're going to need some serious buying volume in order to get through the top resistance of the channel.
In case the bulls will push through, I'd want to see a weekly close above the resistance to confirm the break out. After that, the next major resistance is the all-time high.
Do you think the bulls will win this war? Share your thoughts in the comments 🙏
🔥 Bitcoin Bulls Put Up A Fight: Still Waiting For A DumpYesterday we saw the BTC bulls put up a show with over 5% gains over the course of the day. Personally, I was not expecting such a bullish day to happen anytime soon. Part of the explanation is the oversold RSI on higher time frames for the first time in months, combined with shorts getting liquidated.
For now, I'm still not convinced that the bulls have the overhand in the short-term. A clear rejection from 42,200 indicates that bears are still dominating the short-term. However, if the bulls can pull through we might see a move towards 43,500 or higher.
I stand by my earlier analyses where I discussed my idea of the ETF being a longer-term top. To invalidate that analysis I'd like to see a move above 50k in the next 1-2 months. Personally, I think we're going to see 50k after the halving.
Time will tell.
Bitcoin(BTC): Getting Ready For Another Dump!While Bitcoin had a smaller correction yesterday, it has tested that broken zone as of now (but there has been no significant movement there as of now).
We are still keeping an eye on that potential upper zone to be repaired (which means a breakout from a broken zone).
If everything plays out nicely, we will see a very nice downward movement, for sure!
Swallow Team
