ETH/USD Bullish Breakout The long-anticipated breakout in ETH/USD has finally occurred, confirming a shift in momentum toward the upside. Ethereum has broken through the key trend resistance, signaling strong bullish intent. Traders and investors can now look for entry opportunities at the breakout level, with the potential for further price appreciation in the coming sessions.
Entry & Target Levels
Entry: Ideal at or near the breakout zone for confirmation.
Short-term Targets:
First Target: $2800
Second Target: $2900
Third Target: $3000
Long-term Holding Target: $3200 (for those willing to hold for extended gains).
Key Support & Resistance Levels
Support: If ETH/USD experiences a pullback, the key support and retracement level to watch is $2560.
Market Conditions & Strategy
Confirmation: Ensure the breakout is sustained with volume confirmation.
Risk Management: Use proper stop-loss strategies, placing stops below key support areas.
Ethereum (Cryptocurrency)
COQ Inu: The Memecoin Poised for a 300% Surge on AVAX BlockchainCOQ Inu, the #1 memecoin built on the Avalanche (AVAX) blockchain, has emerged as a standout contender. Despite a recent drop from its all-time high market cap of $400 million to $80 million, technical and fundamental analysis suggests that COQ Inu is gearing up for a potential 300% surge, which could propel its market cap back to $100 million and beyond.
Technical Analysis
The chart patterns for COQ Inu reveal a compelling story. After a significant correction from its peak, the coin is now showing signs of consolidation, with key indicators pointing to an impending breakout. Here’s what the technicals are saying:
The RSI, a momentum oscillator that measures the speed and change of price movements, currently stands at 63.31. This indicates that COQ Inu is neither overbought nor oversold, but rather in a healthy position to potentially initiate another leg up. An RSI above 50 typically signals bullish momentum, and with the current reading, COQ Inu is primed for upward movement.
The 38.2% Fibonacci retracement level is acting as a strong support for COQ Inu. In the event of a pullback, this level is expected to hold, providing a solid foundation for the next upward move. However, a break below this level could see COQ Inu testing its 1-month low, which would be a critical point for traders to watch.
A breakout above the 1-month high pivot could serve as the catalyst for the anticipated 300% surge. Such a move would not only validate the bullish sentiment but also attract new investors looking to capitalize on the momentum. The 1-month high pivot is a key resistance level, and a decisive break above it could trigger a significant upward trajectory.
Market Position and Potential
Currently ranked #425 on CoinMarketCap with a live market cap of $81 million, COQ Inu has already established itself as a significant player in the memecoin arena. With a circulating supply of 69.42 trillion COQ coins, the coin’s low price per unit makes it accessible to a wide range of investors. The potential for a 300% surge could see COQ Inu’s market cap reach $200 million, placing it among the top memecoins in the market.
ETHUSD Will Go Lower! Sell!
Please, check our technical outlook for ETHUSD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 2,711.4.
Taking into consideration the structure & trend analysis, I believe that the market will reach 2,156.7 level soon.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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ETH / USDT : Gearing up for a breakout ETH/USDT: Gearing Up for a Breakout Above Trendline Resistance
Ethereum (ETH/USDT) is setting up for a major move 📈 as it approaches a critical trendline resistance level 📊. The price has been consolidating within a tightening range, forming an ideal setup for a potential breakout 💥. If ETH breaks above this resistance, we could witness a strong bullish trend unfold 🚀. Keep a close eye 👀 on this pair and wait for confirmation before taking action.
Key Insights:
1️⃣ Trendline Resistance: ETH/USDT is approaching a key trendline that has historically acted as a strong barrier. A successful breakout could mark the beginning of a significant bullish rally.
2️⃣ Volume Surge: Watch for an increase in trading volume during the breakout to confirm strong buyer interest 🔥.
3️⃣ Bullish Indicators: Momentum indicators like RSI and MACD are showing signs of strength ⚡, adding to the breakout potential.
Steps to Confirm the Breakout:
✅ Look for a clear 4H or daily candle closing above the trendline 📍.
✅ A spike in volume during the breakout can confirm strong buying activity 📊.
✅ A successful retest of the broken resistance as a new support zone adds further credibility to the move.
⚠️ Be cautious of fake breakouts, such as sharp reversals or wicks above the trendline.
Risk Management Strategies:
🔒 Use stop-loss orders to protect your capital.
🎯 Ensure position sizing aligns with your overall trading strategy.
This analysis is for educational purposes only and not financial advice. Always DYOR 🔍 before making investment decisions.
LITECOIN LTC/USD Is About To Blow Your Mind!Litecoin is repeating a much larger version of the run back in its earlier days as I show in the charts. This next move up in Litecoin is going to shock the entire cryptosphere. This is just looking at the chart and if the move repeats on a larger scale then Litecoin will probably be in $10000 dollar range. This might sound absolutely insane I know, it sounds crazy to me to but thats what the chart is telling me. Im not going to get into the reasons why fundamentally this is likely, if you want to go back into my other LTC posts I get into detail.
Dont listen to the haters, they will be the ones to give us our blow off top while we dump on their chin.
ETHBTC - Is the Bear Nearly Over? Price is now testing the 0.618 level which is seen as a strong support for price
Hopefully at this level we see a reversal from the bulls and price pushes up to .786
This bear market has been brutal for ETH
Alt season will kick in soon, with ETH leading
Green bars pattern is just my price action thoughts
Daily timeframe
ETHUSD - Strong Support LevelDuring the prior bullrun this level was tested as support and respected it as support
Right now it has been tested again and is testing this area
My view is that this will be a good reversal point up for price, with this being support found along this dotted line.
Daily timeframe
ETHUSD bottomed and will now look for 4k and above.Ethereum / ETHUSD is consolidating after an early February bottom on Support A.
Both in terms of pure price action and 1day MACD, the current bottom is replicating Augusts, which was also formed after a Falling Wedge broke downwards.
With the recent 1day MACD Bullish Cross formed, we expect the 4100 Resistance to get tested in April.
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Ethereum - This Chart Just Doesn't Lie!Ethereum ( CRYPTO:ETHUSD ) remains in a bullish market:
Click chart above to see the detailed analysis👆🏻
Over the past three days - since the beginning of February - Ethereum "crashed" about -20% and we saw a significant manipulation last night with Ethereum crashing -25% in a matter of minutes. Looking at the chart though, this price behaviour was not unexpected at all.
Levels to watch: $2.000, $4.000
Keep your long term vision,
Philip (BasicTrading)
Shiro Neko – From the Same Creators as Shiba InuPeople ask me to analyze $Shiro, and my response is: calm down, stay cool. After all, nothing can go wrong, right? At least, that's what they say on Twitter and well-known YouTube channels: "Invest without fear, it's going to hit 2B, 5B, 10B market cap!"
But the reality is that no prediction actually works. And that’s a big problem. I've been analyzing $Shiro, and honestly, I don't see any signs. BINANCE:SHIBUSDT
ETH Retesting Breakdown – More Pain Ahead?ETH/USDT has been trading within a broad range of approximately $2,000, consolidating after a long uptrend.
However, the price has broken down below the ascending trendline and is now retesting this breakdown, just above a key support zone.
This retest is crucial in determining whether ETH will confirm further downside or reclaim the trendline.
$COIN The Retail Money PitCoinbase stock has consistently underperformed due to growing concerns about the companies long term viability. Despite good earnings, smart money knows strong quarterly reports will come and go with each cycle. Save your hard earned money and invest in a more fruitful buisness model.
ETH Updated Building Blocks...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per our last analysis, ETH broke below the $2,500 mark to enter long-term bearish territory.
Here is the updated Building Blocks:
📉 Short-Term Bearish:
ETH is currently trading within a short-term bullish block between $2,500 and $3,000.
📉 Long-Term Bearish:
If the $2,500 level is broken to the downside, a long-term bearish movement toward the lower bound of the long-term bearish block, around the $2,100 mark, is expected.
📈 Short-Term Bullish:
If ETH breaks above the short-term bullish block at $3,000, it will enter a short-term bullish block phase.
📈 Long-Term Bullish:
If the $3,500 resistance level is broken to the upside, ETH is expected to enter a long-term bullish block, initiating a new bullish phase toward the $4,000 mark.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
PEPE (PEPE/USDT) Potential Bottom and Key Levels to Watch 4HPepe Coin (PEPE) has been showing some interesting price action recently, and many traders are keeping a close eye on its movements. At current levels, there is a possibility that the asset is approaching a potential bottom, making it an intriguing spot for both spot and leverage orders.
Looking at the charts we can see that Pepe is testing some critical support levels. If these levels hold, we could be looking at a reversal or at least a stabilization phase that offers solid entry points for traders.
Strategically placing both spot and leverage orders around these levels could lead to favorable outcomes, but as always, make sure to use proper risk management and assess market conditions closely.
Ethereum’s Bullish Retest: Ready for Takeoff? Key Insights:
Breakout & Retest in Play
Ethereum (ETH) has broken above a key resistance level around $2,727 - $2,730.
A retest of this zone could confirm it as new support before the next leg up.
Bullish Price Action Expected
The price is consolidating near recent highs, forming a potential bullish continuation pattern.
If the retest holds, ETH could surge toward $2,769 and beyond.
RSI Momentum
RSI is near overbought levels but remains strong, suggesting further upside potential after a slight pullback.
Trade Strategy:
Bullish scenario: A successful retest of $2,727-$2,730 could provide a buy opportunity for the next breakout.
Bearish invalidation: If ETH falls below this zone, a deeper correction might occur.
🔥 Final Take: Bulls are in control, and a successful support retest could ignite Ethereum’s next move toward $2,800+! 🚀