ETH USD UpdateSo Month Later Price has filled orders and finally got going, easy 50% Spot gain profits are ahead of us, happy cruising!
Etherum
Etherum might be about to PopIf this patterns keep playing out we should find topping prices around March 2025. According to previous bull markets price usually tops ~100 and more days before the 616 days of bullish trend.
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
Etherum eyes $7,300 After Wave 4 Rebound! Long-Term Analysis of ETH/USD
We are back with another in-depth look at the ETH/USD pair. It appears that Elliott Wave 4 has completed, and we may see one more wave to the upside before a larger correction occurs.
Wave 4 was particularly intense, with a sharp and rapid decline that brought the price down to the 200-week moving average (MA). This level also coincided with the lower support line of the current channel. Fortunately, we experienced a strong rebound from this area, and the market is now poised for a potential upward movement.
My target for this next leg is at the 1.618 Fibonacci extension level, which is around $7,300 per coi
The wolf pack are hunting for profits, one block at a time..🐺
Make sure to follow my new profile on X for more weekly updates! :@PuppyNakamoto
Happy trading!
COINBASE:ETHUSD BITSTAMP:ETHUSD BINANCE:ETHUSD BINANCE:ETHUSDT
EthereumI'm finding myself gravitating more towards this crypto over Bitcoin, and that's mainly due to Ethereum's price. I'll explain my chart along with what I'm anticipating.
What am I anticipating?
Price is currently breaking a key lower-high on the weekly, which happens to also be the same area as the monthly (key) lower-high. Once that bull candle closes pass those levels at the end of today then the weekly turns bullish.
Normally, price would run into an old key area in order for the retracement phase to begin. I'm looking for bull continuation to spike the A.T.H. and $5000 price point followed by a correction right into my area of interest (A.O.I.).
Do I have a "special" price within the A.O.I.?
I actually do! $2400.
In conclusion, I'm merely a spectator until the bears enter the market to drive price down, and if that doesn't happen due to bull momentum, I'll readjust.
M - 🐻
W - 🐻 *If today's candle closes above the key LH, it turns 🐂*
D - 🐂
H4 - 🐂
BTC - 4H Best Sell Opportunity#BTCUSDT is currently trading within an ascending channel that is often recognized as a bearish flag pattern, indicating a potential continuation of the downtrend. The price is approaching the top of this channel, which coincides with a significant resistance zone. This confluence of resistance levels provides a strategic entry point for short positions, offering a logical stop loss placement just above the resistance zone. The bearish flag pattern suggests that the upward movement within the channel is a temporary correction before the downtrend resumes.
Additionally, there is a notable daily timeframe support zone that has been broken and now acts as a resistance after a period of consolidation below it. This transformation from support to resistance further strengthens the bearish outlook. As #BTCUSD tests these resistance levels, the probability of a downward move increases, making this an ideal setup for traders looking to short Bitcoin. The confluence of technical factors suggests a high probability of BTC resuming its downward trajectory from the current levels.
ETH USD IdeaGreetings, Traders, and a prosperous New Year to all! As we re-enter the charts, the liquidity remains low in both the crypto and forex markets. Currently, no trades have been initiated, as we are patiently waiting for weekly order blocks to signal the commencement of the new year. Additionally, we are monitoring zones for potential discounts.
This routine tends to repeat itself each year, and historically, market activity is often subdued until the end of January. Notably, we are anticipating significant news related to the Bitcoin ETF on the 10th, which could impact our trades that have been performing well since the end of last year. Presently, we have set stops below the latest bullish distribution.
In the event of positive news on the 10th, we anticipate a substantial increase in price. However, it is crucial to acknowledge the fact that we are currently situated within the monthly bearish distribution zone. We will closely observe the developments this week and provide regular updates on our charts.
Stay tuned for further updates. Thank you, and happy trading!
ETH USD ideaOur killer trendline that hooked us up with those rad entries might be showing some signs of taking a break. I mean, it's been unreal how it's been delivering, right? But hey, let's not get too ahead of ourselves. If we're giving up that trendline and the 1620 price point, we gotta be real careful.
Here's the deal – if that trendline starts slipping away and we break that 1620 level, we're not sticking around to see if it's just a passing thing. We're playing it smart, closing those spot trades and taking a chill pill. We'll just kick back, ride the wave, and see what kind of data is rolling in.
And hey, don't stress – besides all that, the daytrading scene is looking pretty darn groovy. So, keep those eyes sharp, stay ready to bail if needed, and let's ride these waves with the finesse of true chart surfers. Stay stoked, stay sharp, and let the market vibes guide us, man! 🌊🤙🏄♂️📉
ETHUSDT Breakout TradeETHUSDT wait for breakout and trade in the direction of breakout.
Manage your risk according to account size!
ETHUSD 4June2023ETH is currently still in the correction period, it can be quite long if you look at the current trendline pull. the invalid area is only a marker if the price goes higher then the elliot notation may fail, but that does not mean the trend returns to bullish. most likely what happens is a complex correction that can last long enough.
CRYPTO TOTAL MARKET CAP DALILY HI Guys Hope you well,
On a daily basis, we are seeing a demand zone, but I am waiting to test the Green support level for the third time as well. And then we can see a rapid upward movement.
SecondChanceCrypto
⏰23/May/23
⛔️(DYOR)
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment.
ETHERUM BULLISH IDEA (DOUBLE BOTTOM)Potential Bullish Entry Dow Theory In Place -
Higher High and Higher Low Expected in Place
Formation of DOUBLE bottom coupled with bullish divergence (Bullish reversal pattern)
SL & TP Levels are defined.
W10-30 ETC BULLISH IDEAPotential Bullish Entry Dow Theory In Place -
Higher High and Higher Low Expected in Place
Formation of double bottom coupled with bullish divergence (Bullish reversal pattern)
Entry at the break of trendline, SL & TP Levels are defined.
W9.1-38 ETHERUM BULLISH IDEA (DOUBLE BOTTOM)Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of DOUBLE bottom coupled with bullish divergence (Bullish reversal pattern) SL & TP Levels are defined.
W9.1-21 ETHERUM SHORT TERM BULLSIH IDEAPotential Bullish Entry
Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of DOUBLE bottom coupled with bullish divergence (Bullish reversal pattern) SL & TP Levels are defined.
If the price action does not follow the plan mentioned in the chart then, The support zone is 1786 and 1836; (watch out for your levels)
Eth change trendAccording to the chart if price touched long horizontal blue line means trend finished . This point is a hard situation with ot of orders. So if this line break we can short. But in my ideas we have a continues in trend to up. Currently i am wait for other signs.
W9.1 ETHERUM BULLISH IDEA (HARMONICS BULLISH PATTERN)Potential Bullish Entry
Dow Theory In Place - Higher High and Higher Low Expected in Place
Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR)
Entry at the new HH
SL & TP Levels are defined.
W9-25 ETHERUM BULLISH IDEA(BULLISH RECTANGLE)Potential Bullish Entry
Dow Theory In Place - Higher High and Higher Low Expected in Place
Formation of BULLISH RECTANGLE Pattern coupled with bullish divergence.
Entry, SL & TP Levels are defined.
$ETH - "SHORT" SETUP in PERSPECTIVE#CRYPTOASSETS #STRATEGY
CRYPTOCAP:ETH
THE RANGE 1938$ - 2047$
We might playing inside what we passed without interest. But there is indeed !
1925$ MIght be a perfect preliminary. 1908-1900 is called on the HEATMAP
IS the UpTREND done ? Maybe ! Price Action has left 2060$ and DISTRIBUTION MIGHT BE OVER. THE VALIDATION should be with a LPSY @2115$ (MY SHORT) STOP 2146$ > TARGET 1490$ (1600$ AT LEAST)
BREAKING 2146$ : 2 Otions
1. UTAD, THEN We reintegrate > STOP SHORT below 2060$
2. JAC (+50$ at LEAST) > I will be LONG and my first TARGET will be 2360$
Source :
www.tradinglite.com
what do you think about The LONG position on ETH ?what do you think about The LONG position on ETH ?
have a good day.
Represents A Significant Price LevelEthereum (ETH) price is struggling to consolidate above $1,700. This Monday, February 20, is the fifth consecutive day that Etherum has passed that level, but in the previous days it has not been able to close above said price.
As of this writing, ETH is trading at just $1,708, on TradingView records . The highest level in recent days was recorded on February 16, when it reached $1,742 per unit .
However, on that occasion the daily candle closed in the red, below $1,640 . The same has happened on the other days, with ETH being unable to stay above the $1,700 barrier at the end of the day.
At the moment, he is achieving it this Monday. That price mark is an important barrier, taking into account that that level was lost 5 months ago. On September 13, its price fell from there to not return, until a few days ago.
As it was reported by the end of January ETH had managed to consolidate a new price level above $1,500 . In addition, various bullish signs already supported the rise of the cryptocurrency from that moment.
So far this year, the entire cryptocurrency market has been bullish and very promising. In addition to ETH, bitcoin has risen almost 50% this 2023 and went to its best price in 6 months.
In addition, there are already at least 30 cryptocurrencies in the top 100 that have doubled in price today. A list that was barely 17 coins a few days ago. In that list there are even some outstanding trends, such as the case of cryptocurrencies related to artificial intelligence or Stacks case and its relationship with the NFT Ordinals in Bitcoin.
