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Ethereumforecast

Ethereum continues to hold back the bulls.Ethereum - 24h expiry - We look to Sell at 1915 (stop at 1955) We look to trade the current range. 1920 continues to hold back the bulls. Preferred trade is to sell into rallies. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. We look for a temporary move higher. Our profit targets will be 1815 and 1795 Resistance: 1871 / 1900 / 1915 Support: 1845 / 1815 / 1800 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:ETHUSDShort
by VantageMarkets
Ethereum Short at the Lows 🏴 (More Risky) / Momentum ↘️This Short Idea begins at a 1Hr Support Zone & let me explain my thoughts. The Idea for the trade stems from the fact that the Weekly candle is Bearish. Daily candle is bearish. 4Hr Market Structure is bearish and descending away from our Weekly Supply level at $1,915 ( Published in a previous idea). We are shorting the breakout to the downside in anticipation that the Daily candle will continue to pull down into the close of the candle in 5 Hours. We have clean candles to the left /clean traffic on the 1Hr timeframe down to $1,816. 2 Ways to approach this. 1) Short at the lows anticipating volume to come into the market as we transition into the new daily candle. 2) Wait for a pullback to what was our Daily support level and may now because a Resistance level at $1,860$.
COINBASE:ETHUSDShort
by ShrewdCatfx
📉🔥 Bearish Breakout: Ethereum Double Top Spells Trouble! 🐻💥In the exciting world of crypto, a compelling bearish setup has emerged on Ethereum's horizon. The price action has given birth to a double top pattern, indicating a potential trend reversal. Moreover, this ominous formation has taken shape on a formidable supply zone, adding strength to the resistance level. With strategic analysis and careful observation, the optimal entry point for this bearish trade is identified here around 1870. As the bears gain momentum, the first take profit level is set at 1815, followed by a more ambitious target of 1740. Stay tuned as we closely monitor Ethereum's price action, ready to capitalize on this thrilling opportunity. Join the discussion and let's navigate the crypto waters together! 🚀🌕💎 feel free to share your toughts in the comment section. And dont forget to press the like button if you think this insight was helpful🚀
BITSTAMP:ETHUSDShort
by Thomas_Zito
3
Ethereum -> Why Is It LaggingHello Traders, welcome to this free and educational multi-timeframe technical analysis. On the weekly timeframe you can see that Ethereum perfectly retested and rejected, as mentioned in my last analysis, a quite nice previous weekly support zone towards the upside. You can also see that weekly market structure is now definitely back to bullish, considering that Ethereum will also most likely close with a bullish engulfing candle which looks super constructive I simply do expect the continuation of the rally. On the daily timeframe however you can see that Ethereum is still stuck at the $1900 level which is turned support again; overall Bitcoin is also heavily outperforming Ethereum so I am now just waiting for a break above the resistance and then also Ethereum is ready for more bullish price action. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
BITSTAMP:ETHUSDLong
by basictradingtv
36
ETH Update: Support at $1650, Resistance at $1900-$2200. Dear fellow traders, I would like to extend my heartfelt gratitude to all the members for their unwavering support. Our journey thus far would not have been possible without each and every one of you. Thank you sincerely, on behalf of Dexter and the entire team. Now, let us delve into the update on Ethereum (ETH) within the two-day timeframe. Presently, the state of ETH leaves us uncertain as to whether it will surge higher or retreat below. Observing the price action, we can identify a modest level of support around $1650, while a formidable resistance zone is established between $1900 and $2200. Reflecting on previous analyses, it becomes apparent that when ETH faced rejection at this resistance, it experienced two minor rebounds ranging from 30% to 40%. Similar price movements may occur again to maintain favorable Relative Strength Index (RSI) levels. To facilitate comprehension, I present the following validation and invalidation points: Bullish: A decisive breakout above $2200 would serve as a robust bullish indication, not only for ETH but also for supporting altcoins. Bearish: A breakdown and subsequent rejection below $1650 would invalidate the bullish scenario, potentially leading to a decline towards $1300. These are the essential points pertaining to the current state of ETH. I welcome and encourage you to share your ideas and perspectives in the comment section. It would be a pleasure to learn from your insights regarding the market. Wishing you all the best and safe trading.
COINBASE:ETHUSD
by Dexter_The_Trader
3
Ethereum ETH price slow as turtle, but stable at a long distanceToday, let's take a look at the prospects for ETHUSDT price movements in the medium term. On the one hand, over the past week, the ETH price has grown +13%, which is worse than the BTC price +17%. By the way, here we described our thoughts on the possible movement of the BTCUSDT price On the other hand, buyers of ETHUSDT we can understand how difficult it is for them now, because the ETH price is now "stuck" in a powerful mirror zone. In 2021-2022, the $1750-2000 zone acted as a reliable support, and over the past calendar year, it has been acting as resistance and not letting it go up. However, looking at this, as the Ethereum team and holders with investors are actively working to greatly reduce the supply of ETH on the market, we believe that the coin has a bright future. It is also worth realizing that the current ETH is not the Ether of 2016-2017 or 2020-2021, when its price was multiplying every week. Now, Ethereum's capitalization share is 19-20% of the total crypto market capitalization, and now it is a very difficult task to move the price up by hundreds of %, as it was before, and requires exorbitant investments. So now Ethereum has moved into the category of a "reliable, low-volatility investment", of course, by the standards of the crypto market. Now, the main task of ETH buyers is to keep the price above $1750-1806. We consider this price range to be a reasonable one for a medium-term investment in Ethereum. And the first target where you can sell at least part of your ETH savings is around $2870, which is +60%. PS: After the ETHUSDT price manages to gain a foothold above $2000, growth will become more dynamic. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
40
ETH Hidden Buyers , Short Squeeze Potential Targeting $2k -$2400Analysis Note: This analysis will be continuously updated until the target or failure occurs, so please check back regularly for trade updates. At the end of the analysis, there will be a free trade signal to follow. If you found this post helpful, don't forget to hit the boost and follow buttons. ETH Chart Analysis: According to MT Pandora's Box, ETH is expected to reach the range of 1850 to 1864 from its current range of 1724. The reason behind this projection is that the price is still trapped within a larger range on a higher timeframe. It's important to understand that most breakouts, like attempts to end a trading range and establish a new trend, tend to fail. MT Pandora's Box indicates that buyers are currently accumulating and planning for another upward movement, which could lead to a short squeeze and potentially push the price to the range of 2200 to 2400. Although our initial prediction for a significant drop in ETH was $800, *click to read* we realized after our short from 2k that there is a possibility of a bounce at the current support level, with a chance of up to 65%. Market makers who plan to short will likely first buy at this level and then drive the price slightly above the previous high. The duration of this situation and capital accumulation will determine whether this lasts until November or December 2023. However, we believe the best opportunity to short Big on ETH to below 1k will be by then, In the short term, we anticipate a bounce at the current support level, but we remain bearish overall. I am personally buying some ETH here to take advantage of the unseen hidden buyers' pull-ups, and then I plan to switch to a short position at 2400. It's important to remember that price is still range-bound, so rejections and failures are common in such situations. Here are some key resistance levels to consider, as they could lead to significant reactions from sellers: Resistance Area 1 (Bear Barrack): 1850 to 1865 Resistance Area 2 (Bear Barrack): 1930 to 1950 Resistance Area 3 (Bear Barrack): 2000 to 2140 (most stubborn) Since failures are likely when the price is stuck in a range, we will regularly update this post to keep you informed about the next actions as the price unfolds and the buyers' reaction to these resistance areas, whether the upward movement will continue or fail. Market makers move in mysterious ways, so it's important to note that the chances of ETH dropping instead to a much stronger support at 1620 is still not completely gone and still stand at 35% and should not be totally ignored as this will be a simple Bull hunt to gather liquidity to hunt Bears this is why we recommend buying in pieces CRYPTOCAP:ETH Bulls Vs. Bears Battle Signal Updates: #ETH LONG FREE TRADE SIGNAL ASSET: $ETH/USDT ACTION: LONG 1st ENTRY PRICE: $1730, $1738, $1744 STOP LOSS: 1610(much risky but tighter stop loss but can easily get hunted is 1710) 1st TAKE PROFIT: $1850, 1865, 1945 (Extended TP: 2k, 2200-2400) Disclaimer: This signal is provided for informational purposes only and does not constitute financial advice. Cryptocurrency trading carries risks, and past performance is not indicative of future results. The user assumes full responsibility for any profits or losses incurred, and the signal provider is not liable for any investment decisions made based on this signal.
Long
by MachiavelliTrader
Ethereum -> Weekly Timeframe Is ClearHello Traders, welcome to this free and educational multi-timeframe technical analysis. On the weekly timeframe you can see that Ethereum is currently retesting and starting to reject a major previous weekly resistance area which is now turned support at the $1700 level. You can also see that Ethereum is overall still creating bullish market structure and about to close with a strong weekly rejection wick so considering the overall bullish crypto trend, I do expect Ethereum to reject this support zone towards the upside. On the daily timeframe Ethereum is currently creating obvious bearish market structure with resistance at the $1770 level so I am now just waiting for Ethereum to break back above the resistance and then I do expect the next major rally to start from there. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
COINBASE:ETHUSDLong
by basictradingtv
28
Ethereum will fall like other coins ?!👋🏻 Hello everyone, today we would like to look at the Ethereum chart and possible scenarios. Now the price is in the support zone, but we have several bearish signals: 1️⃣ Local lowering of highs and lows 2️⃣ The weakness of the entire market and the renewal of all time low on many top altcoins 3️⃣Increase in volumes on the fall 4️⃣Fixing below 50 and 100 daily MA ❗️But on the older time frame, we see a bullish structure and we can now consider this movement as a correction after the 57% rise (from $1370 to $2150). Expecting that the correction will continue, we can predict the potential zones of the end of the correction as long as there are 2 of them: 🔹$1550 - $1630 (200 Daily MA ; Crossover of 50 and 100 Weakly MA) 🔹$1367 - $1440 (the zone of the beginning of the impulse and the trend line) ❌ Cancellation of the downward scenario will be a quick buyout of Ethereum in the coming days and a fixation above $1860 .Until this moment we would not advise considering longs. But it is worth noting that the ethereum looks stronger than other alts and if signs of strength appear, we would buy it first in the portfolio. ❓What are your thoughts on Ethereum?
Short
by razumcapital
Ethereum to break back to the upside?Ethereum - 24h expiry - We look to Buy a break of 1777 (stop at 1737) Trading within a Corrective Channel Formation. A break of the recent high at 1775 should result in a further move higher. Posted a Double Bottom formation. Bullish divergence is expected to support prices. Daily signals are mildly bullish. Our profit targets will be 1877 and 1896 Resistance: 1750 / 1775 / 1800 Support: 1730 / 1720 / 1700 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
VANTAGE:ETHUSDLong
by VantageMarkets
ETH volatility could start to spike but RSI is lowI am bringing to your attention the current state of Ethereum's price trend. As of now, Ethereum has been experiencing a notable downward trend in price when observed on a daily timeframe chart. It is currently trading at approximately $1,740, which reflects a decline of over 5%. It’s becoming increasingly evident that Ethereum is experiencing a bearish trend in the market, as indicated by its RSI dropping below 40. To add fuel to the fire, the current volatility level of Ethereum is at a measly 0.01%. If you're a Bitcoin trader, it's time to pay attention and make informed decisions accordingly. Check out Furthermore for more insights. Additionally, the Bollinger Band analysis indicates that ETH is currently experiencing a certain level of volatility. However, the band's elasticity suggests that the current volatility is relatively minimal. I hope this information is helpful to you. Please let me know if you have any questions or concerns in the comments.
BITSTAMP:ETHUSD
by bryandowningqln
Ethereum -> Hunting The BuyersHello Traders, welcome to this free and educational multi-timeframe technical analysis. On the weekly timeframe you can see that at the moment, Ethereum is retesting a quite strong previous resistance area which is now turned support at the psychological $1700 level. You can also see that overall market structure and moving averages are still bullish, furthermore there is also a support trendline coming in at the current $1700 level which is acting as even more support, so from a weekly perspective I simply do expect more continuation towards the upside from here. On the daily timeframe however you can see that with today's candle, Ethereum is breaking the previous support at the $1800 area towards the downside, hunting all the stops which were below this key area, so I am now just waiting for a break back above the support and then I do expect a daily rally from there. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
BINANCE:ETHUSDLong
by basictradingtv
28
ETHEREUM LOVERAre Cryptocurrencies are on DOOM? Might be or might not. I heard 2 years ago this quote "If the sentiment is Bearish" what is your thought? "If the News is bearish" then you realize after a week the bullrun started. When noone is talking the crypto market will fly. TOo much noise today, binance.us being sued by SEC, Coinbase too. Hmm I smell Rocket. Trade base on your own decissions. Lets trade on sentiment on Crypto. Follow for more. For daily and intraday scalping Check out my signature.. Follow for more.
BITSTAMP:ETHUSD
by D1GITALTRADES