Ethereum - Looking To Buy Pullbacks In The Short TermH1 - Bullish trend pattern
Currently it looks like a pullback is happening
Until the strong support zone holds my short term view remains bullish.
Ethereum (Cryptocurrency)
ETHEREUM more gain Hello and greetings to all the crypto enthusiasts, ✌
In this IDEA, I aim to provide some points and overview of the ETHUSDT’s position. 🙌🐋
The price is currently trading within a well-defined parallel channel, where we are observing strong daily support and a reliable trendline, both of which suggest a stable technical structure. With the recent influx of new capital into the cryptocurrency market, alongside major geopolitical shifts around the world, I believe the overall market outlook is increasingly bullish. 📚✨
This is further reinforced by the fact that Bitcoin and Ethereum, as the primary market leaders, serve as key indicators for the broader crypto market trend. Given their historical significance and market dominance, we can reasonably expect both assets to follow a bullish trajectory as well. 📚🙌
If the price breaks above the upper boundary of the parallel channel, it would likely trigger a stronger upward momentum, leading to higher price levels. This breakout could signal the start of a new phase of rapid price appreciation. 📚🐋
Additionally, a range-bound market scenario is indicated with a less prominent flash, suggesting that while bullish momentum is strong, there may be periods of consolidation or sideways movement. 📚💡
🧨 Our team's main opinion is The market is in a bullish phase, with strong support and a reliable trendline, indicating further upward movement, especially for Bitcoin and Ethereum. A breakout above the upper boundary of the parallel channel could lead to higher prices, though a period of consolidation may also occur. 🧨
Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡
Market heating up3 rules buy, sell, wait
Wait till confirm your trading scenario always.
No rush for trading.
Opportunity will come when your trading plan fit as your plan.
Ethereum Breaks Range Resistance: Bullish Rally Incoming..?Ethereum has recently broken free from its range-bound trading pattern, a significant development that indicates potential upward momentum. The current focus is on sustaining this price movement above the established range, which could signal a shift in market sentiment. If this upward trend continues, the first target for Ethereum's price is projected to be around $3,540. This target level could serve as a pivotal point, influencing traders' decisions and market dynamics in the days to come.
Has the Time for ETH Finally Arrived?After a long period of abysmal performance and having been sufficiently tarred and feathered by the broader crypto community, it appears this is as good a place as any for ETHBTC to be in the area of a major bottom. Rather than go too in depth, let's summarize the key points:
Since ETF approval and launch, ETH has underperformed on a relative and absolute basis, with ETHBTC seeing weak and short lived countertrend rallies that have been heavily sold into. Savvy participants have likely used these weak pops to increase short positioning on absolute terms and as a hedge against other longs, primarily versus BTC and SOL. Since the merge, ETHBTC has been in one of the most steady downtrends, providing free money on shorts over 2 years and as a valid way to (correctly) express bullishness on BTC dominance.
Open Interest has steadily climbed since ETH began ranging over the summer. Combine this with the context of the above, and one can infer that a large amount of that OI is likely short positioning that is about to be entirely offsides if we breakout from this range to the upside. The combination of short covering with the recognition that the market is heavily underweight the #2 asset in crypto - the only altcoin with a functional ETF onboarding mechanism amidst a highly positive incoming regulatory backdrop - will provide fuel for what I believe to potentially be the strongest and most parabolic rally in ETH post-FTX. On a technical level, while it may be a meme, we have a 3 drives RSI bullish divergence on the daily showcasing increasingly weak sell-offs. Swing longing into the inverse of that has historically been a mistake (see BTC spring 2021 top). The bullish view is also contingent on ETH breaking out from the multi-month range on the USD pair, closing above $2670 on the daily and holding is needed for initiation.
Hated assets tend to catch people offsides. "Scams pump the hardest" is the crypto credo. SOL at $15-20 was the last time I remember an asset as hated and forgotten as ETH, the only other broadly hated coin of interest currently being TIA for which I'm even more optimistic. While it likely continues to underperform select alts or SOL, its a compelling trade on a risk-adjusted basis that can comfortably be taken on with leverage via ETHT or similar vehicles. It is an excellent expression for the time in which we find ourselves, both in the market cycle as well as the regulatory and narrative backdrop. A major profit target of interest is at the confluence of the 2024 POC and 2022 lows around 0.052.
If this thesis is correct than the most significant alt season post-FTX has possibly either begun or is upon us. This makes sense cyclically and psychologically for a variety of reasons. It takes about 2-3 years for the market to completely forget and shake off the fears and phobias picked up from the destruction of the last bear. Their amnesia unfortunately returns just as it is most warranted. 2025 is likely the year to be gradually exiting the crypto markets back into fiat. Position aggressively early and DCA to fiat on the way up.
If the rally fails to materialize and ETH continues to underperform, I think this would be a major warning sign from the market that it's #2 spot is in jeopardy and it doesn't have the moat assumed. A counterpoint to all of the above is that we are in a steady downtrend, and I'm usually not one to catch a falling knife. I've just begun positioning in ETHT and will use this as a proxy for my more significant non-ETH altcoin exposure. Let's see what happens, and open to hearing thoughts on all sides. Happy trading and wishing great success to all!
ETHUSDT on a Strong Bullish Run: Breaking New GroundToday, ETHUSDT is maintaining a powerful upward trend, trading around 2840 USDT with an impressive gain of over 4.44% for the day.
After a period of consolidation within a wedge pattern, it successfully broke through the sideways trend and surged upward.
The immediate target now is the higher resistance zone around 3400 USDT, with a closer level at 3170 USDT as a potential checkpoint.
What are your thoughts on ETHUSDT's trend? Share your opinion in the comments below. Good luck!
Eth swing long the shotpreviously I made a swing long in the 2800 zone very profitable, now after breaking that support and testing lower levels, we have returned close to the 2800-2900 zone, we keep the VAL (Value are low), if we can reach that zone and consolidate, the trip will be direct to the next gp of 3400.
ETH/BTC Weekly - Ascending Trendline Support and Potential RebouThe ETH/BTC weekly chart shows a strong ascending trendline acting as long-term support. ETH/BTC is currently near this support level, where it has historically shown bullish reactions. The recent drop to the trendline suggests a potential bounce, with a green arrow indicating the possible upward trajectory if the trendline holds.
I'm personally considering this level for a potential long position, with a target near 0.08 BTC, aligning with prior resistance. However, if the price closes below the trendline on the weekly chart, I’ll reevaluate this setup for further downside possibilities.
This is my personal trade setup and not financial advice
Road back to 4,000 then New ATHBitcoin done it again since trump won election but feeling everybody has there eyes on Ethereum right now and so do i. So slowly breaking the major resistance but theres 1 more resistance left which is in 2,820 zone; once that breaks to push up higher it will get back to 3,000
Which means it's possible to reach back to recent ATH.
But now ethereum is a little slow but slowly breaking the resistance so it takes time be sure to use proper risk management so you wont get Spiked out. If you had bought the Ethereum in the last few hours or last night then you will be fine;
The take profit i placed pay attention to those its up to you when you like to take it but be sure place the stop loss at 2,635 that is the safe play.
That is all i have to say and donald trump going to make everyone rich we will see.
First break thru the resistance and get to 3,000, then road back to recent ATH inside the 4,000 area and lastly we should expect a new record of ATH back-to-back
I will have another post related to this and lets make this money
Ethereum - This Is The Last Buying Opportunity!Ethereum ( BITSTAMP:ETHUSD ) is still super bullish:
Click chart above to see the detailed analysis👆🏻
Despite the correction of about -50% which we saw over the past couple of months on Ethereum, market structure and price action is still overall bullish. Ethereum is currently creating a bullish break and retest with a potential move of +60% towards the upside.
Levels to watch: $2.000, $4.000
Keep your long term vision,
Philip (BasicTrading)
ETH/USDT Short SetupEthereum is showing signs of reaching a local resistance level after a strong upward push. Given the market structure and recent rejection near the resistance zone, a potential short opportunity is developing.
Entry: Around the current resistance at 2,700 USDT
Stop Loss: Set slightly above the recent highs at 2,800 USDT to minimize risk
Take Profit Zone: Looking for a pullback to the trendline support around 2,500 USDT
Analysis:
ETH has faced challenges in breaking above this level consistently, indicating a possible temporary top in this range. The recent volatility suggests that a correction could be on the horizon as traders lock in profits. The broader trend still holds bullish potential, so this is a cautious short position for a quick gain rather than a long-term reversal bet.
Remember, this market moves quickly, so stay alert for any rapid changes. Manage your risk, and trade wisely!
DYOR as always.
ETH High Timeframe OutlookWe can only trade
what we can see.
We don't predict the future.
And we
don't have a crystal ball.
We can only take small
risks on a highly probable
outcome.
Follow for more trading insight.
ETH Breakout: Altcoin Surge Ahead?When Ethereum (ETH) breaks through the blue resistance zone between $2,763.95 and $2,821.66, it’s expected to trigger a strong rally. This breakout could fuel significant momentum for ETH and spark a ripple effect across the crypto market, leading to a surge in altcoin prices.
XAU/USD : Liquidity Fills and Key Levels Amid Market VolatilityBy analyzing the #Gold chart in the 1-hour timeframe, we observe that yesterday, as anticipated, both targets of $2745 and $2748 were achieved, with the price even climbing to $2750. After collecting liquidity above these levels, gold experienced a sharp decline following the announcement of Donald Trump's presidency, dropping to $2701. The price quickly filled the liquidity gap and is now trading around $2724.
The key level to watch is $2740—if the price stabilizes below this, further declines toward $2717, $2700, and $2686 are likely. High market volatility persists; inexperienced traders should consider observing the market until it stabilizes. This analysis will be updated soon!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Upcoming altcoins season factors We should track Bitcoin Dominance and basically BINANCE:ETHBTC chart
Ill cut all noise and check Monthly timeframe
➡️Check how previously on a M tf altcoins react after money inflow
➡️We see same money inflow in alts at this current moment by my Money Power indicator
➡️Can we drop lower again? Of course. But I think it will not happen because of timing.
➡️Also I dont think so this alt season will be amazing like previous one and shorter
➡️Would like to see test buy line of my Trade On indicator M tf
➡️The same level will be full fill M fvg
➡️Bounce and end of altseason will be around take profit or exit line marked on a chart (same time I think bitcoin dominance will be around 45%)
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Something has changed! The SEC gives us the chance ...We may have new ATH
Technical Section:
In logical terms, the chart tells us that the market is at the start of a new trend (should be an automatic buy for us). The next move, will be sharp.
ETH's next movehello guys.
let's analyze ETH!
it is on the descending channel and there is no sign of breaking it!
I believe it will rise until it reaches the gray area and the gray area has the potential to decrease the price!
let's see the price and what will do with the gray area
#ETH Above 3000 Soon.#ETH Above 3000 Soon.
If it holda 2400 $ Support then Exit Pump May Come and It can touch 3000$ ..
For All Updates DM ME.
Ethereum,short, target 1750/1500Key points: 2350, 2250, 2130,price based on Coinbase,not CME futures.
And BTC may possibly reach 39,500,key points:59500,57500,52500.
Huge Bullrun for Ethereum The support was strong and still taking its bullish over; bears are weaking.
Today is the election; Trump and RFK are the only 2 presidents who support crypto; if trump ever wins the election the whole entire crypto market will skyrocket;
Im not going to say much because we all know whats going to happen in the election;
Bitcoin will road to hit $95K or $100K .. but it will go alot higher.
Ethereum on the other hand will hit EUROTLX:4K , $6K and then $10K.
Buy at your own risk
Analyzing the Relationship Between Ethereum and the S&P 500The Fractal Theory and Crypto
The financial markets, often chaotic and unpredictable, can sometimes reveal patterns that repeat themselves over time. This concept, known as fractal theory, suggests that similar patterns can occur across different time frames and asset classes. In recent times, some analysts have drawn parallels between the price movements of Ethereum (ETH) and the S&P 500 index.
The S&P 500 Fractal and ETH
Ethereum's price action may be following a similar pattern to that of the S&P 500 index in 2020.
If this fractal theory holds true, it could have significant implications for the future price of Ethereum. The S&P 500 index experienced a sharp decline in March 2020, followed by a V-shaped recovery. If Ethereum were to follow a similar trajectory, it could potentially surge to new all-time highs.
Key Factors Influencing ETH's Price
While the fractal theory offers an interesting perspective, it's important to consider other factors that could influence Ethereum's price:
1. Network Upgrades: Ethereum's ongoing development, particularly the highly anticipated Shanghai upgrade, could significantly impact its price. This upgrade is expected to unlock staked ETH, potentially increasing market liquidity and driving demand.
2. Global Economic Conditions: Macroeconomic factors, such as interest rates, inflation, and geopolitical events, can influence the overall market sentiment and impact the price of cryptocurrencies.
3. Regulatory Environment: Regulatory clarity and favorable policies can boost investor confidence and fuel price appreciation. Conversely, stringent regulations could dampen market enthusiasm.
4. Institutional Adoption: Increased adoption by institutional investors can provide significant support to Ethereum's price. As more traditional financial institutions recognize the potential of blockchain technology, they may allocate a portion of their portfolios to cryptocurrencies.
Potential ETH Price Prediction
Based on the fractal theory and other factors, it has been predicted that Ethereum could reach a price of shortly. However, it's crucial to remember that price predictions are inherently uncertain and should be taken with a grain of salt.
Conclusion
While the fractal theory provides an intriguing framework for analyzing Ethereum's price movement, it's essential to consider a range of factors that could influence its future trajectory. As the cryptocurrency market continues to evolve, staying informed and making informed investment decisions remains crucial.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. It's important to conduct thorough research and consult with a financial advisor before making any investment decisions.
