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Ethereum (Cryptocurrency)

#ETH/USDT in Trouble! $3089 SHOULD HOLD, Else...ETH is currently trading at the liquidity level I mentioned in my updates a few weeks ago. The price has hit the yellow box and is supported by the lower trendline, which has been acting as support since October 2023. This is a crucial level to hold. The lower support of $3,089 is marked by the 200 SMA. Oscillators are excellent tools for indicating changes in momentum and market psychology. If the price breaks and closes below the $3,089 level, it could plummet to the $2,600 area. Conversely, a bounce could send ETH back to the $3,500 area, leading to a relief rally for other altcoins as well. Although less likely, this scenario is still possible. All the 30+ altcoin charts that I've posted in the last 2 weeks are slowly moving to the accumulation area. Will be posting more daily so follow me if you haven't yet! What do you think? Let me know in the comments section, and don't forget to hit the like button. Thank you, #PEACE
by Cryptorphic
Ethereum Value Slashes by 99%Though this episode of crypto winter is very soon due to be a thing of the past, just a regular seasons do, it will come around again! Considering the all-time structure of Ethereum's price chart, I believe the next crypto winter will be especially bad for Ethereum. While many altcoins are due for very sizeable runs (100x - 500x and more) over the next couple of years, I think Ethereum will top out near the $6000 mark, giving it a 3.6X push from current price levels. Beyond this, there is great chance that the sloping formation begins to drastically slip. Despite completing 2 sizeable five-swing moves and a correction between the two, its unlikely that this equates to a truly impulsive formation being developed. The tell-tale sign for me is the extreme shallow correction that we see in the boxed area. Some would classify this as Wave 2 but I'm more inclined to believe it to be a Wave B instead. While it is possible for Wave 2 to find support/terminate near the 0.38 fib level, it is quite rare and even when it does, generally it still makes a return to the previous sub-wave 4. In this case of Ethereum this has not manifested. If not in an impulsive wave, as the price action suggests, there are 2 options as to how this could play out: 1 - it Luna bombs and eventually makes new all-time lows. 2 - it drops to 0.618 - 0.89 fib levels (compared to the size of Waves A and C combined) and finds support there before resuming upside. With this in mind, support at/near $20 is the very best outlook for Ethereum's mid-term future. From $6K-$7K, this would equate to a massive 99% drop and this is a very perfect reason why its important to study and understand the science of price action. The last macro crypto pattern I've seen resemble this form was Luna. I thought it would find support at $1.50 but instead it dropped to $0.0000. My Luna prediction was shared well before the drop came. We will see in the years ahead if Ethereum follows suit or if bulls make a stand. Until next time, stay safe and don't drown. Peace!
BINANCE:ETHUSD
by DigitalSurfTrading
3
Could price bounce from here?Ethereum (ETH/USD) is falling towards the pivot which has been identified as a pullback support and could bounce from the level to the 1st resistance. Pivot: 3,355.63 1st Support: 3,272.65 1st Resistance: 3,468.05 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:ETHUSDLong
by ICmarkets
1
Example of how to effectively use auxiliary indicatorsHello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- The StochRSI < 80, StochRSI > 20, OBV, -100, +100, RSI < 70, RSI > 30 indicators included in the HA-MS indicator are indicators that express the formulas of each basic indicator by modifying them. These indicators can be intuitively confirmed by expressing each indicator on a price candle, and can be used as support and resistance points for detailed trading strategies. - (1M chart) The most frequently referenced RSI indicators have been added to be drawn on price candles as RSI < 70, RSI > 30 indicators. Therefore, if the price is maintained above the 3014.05 point, it can be interpreted that the RSI indicator is in the overbought zone. Therefore, the 3014.05 point corresponds to the support and resistance zone. - The +100, -100 indicators are indicators that express the CCI indicator. The CCI indicator interprets the -100 to +100 range as a sideways range based on the 0 point. If it rises above +100, it is interpreted that it has escaped the sideways range and formed an upward trend. If it falls below -100, it is interpreted that it has formed a downward trend. Therefore, if it rises above the 3762.29 point, it should be interpreted that it is highly likely to form an upward trend. Therefore, if it rises above the +100 indicator point, you can conduct a breakout trade. - If you understand the concept of the above indicators, I think you can create a trading strategy with just these indicators. - The HA-High indicator is formed at the 3321.30 point, so the most basic standard is the 3321.30 point. Therefore, you should set the 3321.30 point as the standard and use the support and resistance points of the above indicators to create a trading strategy that suits you. The trading strategy may vary depending on your investment period, investment amount, average purchase price, etc. Even so, the HA-High and HA-Low indicators can be the standard for the chart, so you should consider the location of these indicators. - (1W chart) It is currently continuing to rise within the rising channel. Therefore, the key is whether it can rise along the rising channel. - The 3265.0 point and the 3321.30 point are the HA-High indicator points of the 1W and 1M charts. Therefore, the area around the 3265.0-3321.30 section can be seen as the standard for trading. Therefore, if it falls below the 3265.0-3321.30 section, it is highly likely that it will fall further. However, the 3014.05 point is the RSI < 70 indicator point of the 1M chart, so if the price is maintained above 3014.05, it is likely that it will continue to rise in the long term. Therefore, if it falls below the 3265.0-3321.30 section, it is necessary to check whether there is support in the 3014.05-3136.41 section. - (1D chart) Currently, the HA-High indicator of the 1D chart is formed at 3787.59. Therefore, in order for a full-scale uptrend to begin, the price must be maintained above 3787.59. - The +100 indicator is formed at 3523.09. Therefore, in the short term, it is highly likely that an uptrend will be formed if it rises above 3523.09. If not, the movement is likely to continue in the sideways section of the CCI indicator. - As above, you should look at the charts in order of 1M, 1W, and 1D charts, interpret them comprehensively, and create and modify your trading strategy by considering your average purchase price or investment period. Again, among the indicators on this chart, the most basic indicators for trading are the HA-High and HA-Low indicators. To find out the basic trend, you can check the movement of the MS-Signal indicator. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture The real uptrend is expected to start after rising above 29K. The area expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 13401.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
1
ETHEREUM → Long-squeeze before the rally? To the MOON, to $4800?BINANCE:ETHUSDT continues the phase of correction, the character of which is consolidation. The goal is to gather potential before possible growth on the trend. The target is 4000-4800 The main focus is on ETH-ETF, which, according to rumors, may be allowed to trade on July 2-4. This will be another positive signal for the cryptocurrency community, as this fact may expand the underlying demand for cryptocurrencies and attract additional capital. Fundamentally, ETH is seeing an increase in the number of active wallets, traders are actively buying call options with strike 4000 and expiration in September, Ethereum Foundation is not selling ETH now as it usually did close to market tops, which together gives positive signs. The asset price is in a downward correction at the moment. The essence of this movement is the asset's consolidation before further strengthening. Resistance levels: descending wedge line, 3678, 0.5 fibo Support levels: 3200, trend line, 0.79 fibo Technically, liquidation of buyers in the liquidity area formed behind the trend support is possible, long-squeeze may lead to a rally. Regards R. Linda!
Long
by RLinda
25
NEW DOG Coins still have product market fit!LOL Crazy as it sounds but yes they do. Why? Because they still go up after all these years :) #DOKEN is new Japanese inu coin on ETH and definitely fills a need after watching what a train wreck that is Soylana Not saying ETH doesn't have jeets... it just feels ready for a shitcoin season on ethereum. There has been much talk about the "The last inu" as in the one of the last breeds of Japanese to have a really strong Altcoin to be associated with that breed. Is this the one?? IDK But it is cheap and it is newly launched to still offer upside potential. Unfortunately this is what crypto has become ... Ultimately if a coin has structure it offers opportunity so we must at least take a look at it.
DLong
by BallaJi
TVL Growth Adjusted to Token PriceTVL - Total Value Locked - is an important indicator of the healthiness of on-chain activity. The chart shows the TVL adjusted by the native token for different chains. This allows us to track the TVL growth normalized by the price appreciation, isolating how much the TVL comes from net new inflows rather than price appreciation. When the TVL Growth Adjusted to Token Price is positive, it's a bullish sign for that crypto or chain. For June, these are the winners: Arbitrum: +40% Polygon: +11% Total TVL/Crypto Mcap: +6.8% TON: 2.1% Avalanche: -1.7%
BITSTAMP:ETHUSDLong
by HenriqueCentieiro
Cardano Daily TA : Support Levels and Potential Mid-Term TargetsBy examining the #Cardano chart on the daily timeframe, we observe that the price is trading in the 40 cent range. If the price can maintain the support zone of $0.35 to $0.385, we can expect further growth to higher targets for this attractive cryptocurrency. The medium-term targets for Cardano will be $0.42, $0.45, $0.51, and $0.58, respectively. The expected return in the medium term is between 15% to 40%! 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
Long
by ArmanShabanTrading
7
ETHUSD Bull Run Forecast: Key Support Level & Bul Market InsightEthereum (ETHUSD) currently shows a strong support level at $2760. From this level, there is a high possibility of a significant gain. However, if the $2760 support level fails, we can expect the next major support between $2100 and $2200. This area should provide a strong bounce as the bull run approaches. Historically, Ethereum has shown major movements during bull markets. In January 2016, Ethereum flipped resistance and saw a massive pump, creating a new resistance zone by January 2018. The next bull market in May and November 2021 saw Ethereum touching this resistance twice. We anticipate a similar pattern with the upcoming bull market, potentially reaching this resistance by March or April 2025. If not, we could see this level touched in October or November 2025. Each bull market is characterized by significant volatility, and we expect similar movements this time. Our targets for Ethereum during the bull run, based on historical data and calculations, project a minimum target of $18,422 by March 2025. If Ethereum flips this resistance by July or August 2025, we could see a maximum target of $23,350 by October or November 2025. Historical bull markets in 2017, 2018, and 2021 have shown unexpected price pumps, and we anticipate similar volatility in Q1 and Q4 of 2025. We recommend staying active in your trades and keeping an eye on the resistance zones. Long positions should be exited by March or November 2025 as the bull market is expected to end, leading to a downward trend in 2026. For more detailed analysis and to stay updated with our latest ideas, follow us on TradingView. Take advantage of our insights to enhance your trading strategies. If you find our ideas helpful, please leave a comment and suggest projects you'd like us to analyze and share.
CRYPTO:ETHUSDLong
by Houseofcryptokings
Bitcoin Weekly TA : Bitcoin Poised for Next Bullish Run (READ)By analyzing the Bitcoin chart on the weekly (logarithmic) timeframe, we observe that, as expected, the price corrected to $58,400 and encountered buying pressure. Currently, Bitcoin is trading around $63,000, having increased by 9%. If the price can stabilize and close above $63,300 this week, we can expect the start of the next bullish trend. Based on previous analyses, the mid-term targets for Bitcoin are $72,000, $77,000, $85,000, and $100,000. 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
Long
by ArmanShabanTrading
8