ETH Price Soaring with Bullish Flag - Time to ConsiderToday, I bring you exciting news: Ethereum (ETH) has shown a remarkable surge, accompanied by a bullish flag pattern that signals a potential upward trend. This is the perfect opportunity to consider adding ETH positions to your portfolio!
Over the past few weeks, ETH has been on an impressive upward trajectory, outperforming numerous other cryptocurrencies. However, what truly sets it apart is the recent formation of a bullish flag pattern. For those unfamiliar, a bullish flag is a technical analysis pattern that indicates a brief consolidation period before a potential continuation of the previous upward trend. This pattern often precedes a significant price surge, making it an exciting time for traders like us.
The recent surge in ETH price, coupled with the bullish flag pattern, suggests that we may be on the cusp of witnessing a substantial rally. As traders, we thrive on identifying such opportunities and capitalizing on them. Therefore, I encourage you to consider adding ETH positions to your trading strategy, taking advantage of this potentially lucrative period.
Here are a few reasons why ETH presents a compelling investment opportunity:
1. Ethereum 2.0 Upgrade: The much-anticipated Ethereum 2.0 upgrade is set to revolutionize the network, enhancing scalability, security, and efficiency. This upgrade has been a long time coming and is expected to attract increased adoption and investment in the Ethereum ecosystem.
2. DeFi Boom: The explosive growth of decentralized finance (DeFi) has driven ETH's recent surge. As the backbone of the DeFi ecosystem, Ethereum has become the go-to platform for innovative financial applications, attracting significant investor interest.
3. Institutional Adoption: The interest and involvement of institutional investors in the crypto space have been steadily increasing. With prominent institutions recognizing the potential of cryptocurrencies, including ETH, we can expect a surge in demand and subsequent price appreciation.
Now is the time to seize the moment and consider adding ETH positions to your trading portfolio. However, as with any investment, conducting thorough research, analyzing market trends, and managing risk is crucial. Stay informed, closely monitor market indicators, and make informed decisions to maximize your potential gains.
Remember, opportunities like these only come knocking sometimes. By staying ahead of the curve and embracing the bullish flag pattern, we position ourselves for potential profits in the ever-evolving world of cryptocurrencies.
So, what are you waiting for? Take action now and consider adding ETH positions to your trading strategy. Take advantage of this exciting opportunity to ride the wave of Ethereum's upward momentum!
Ethlong
Ethereum -> Bullrun Will ContinueHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Ethereum just retested and quite nicely rejected a major weekly resistance zone which was - after the break - turned support at the $1800 level.
You can also see that market structure is still bullish and there is always a higher chance that momentum will continue so Ethereum is not slowing down at all and I simply do expect another bullish impulse to retest the next resistance level at $2100.
On the daily timeframe you can see that Ethereum is currently sitting at the $1920 previous daily resistance but I definitely do expect a break above this zone considering that Friday's candle is showing massive buying pressure and then I am waiting for a retest to then capitalize on the continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Buckle Up for ETHUSD Significant Upside PotentialETHUSD is poised to emulate the trajectory of other major currencies. While BCH led the way and LTC is currently undergoing a similar process, I believe that ETH's upcoming movement will catch everyone off guard. The symmetrical triangle has been decisively broken, with confirmation already on the weekly chart and the price now positioned for takeoff.
Furthermore, it is comfortably ahead of both the 50-day and 200-day moving averages on the weekly chart. Notably, the 50-day moving average has evidently crossed above the 200-day moving average, which bodes well for its prospects. Barring any negative developments in terms of fundamentals, ETH is primed to surge ahead, capturing attention and generating significant interest. The implications for altcoins remain uncertain, although ETH's performance may have a positive influence on them.
So, buckle up and enjoy the exciting journey!
#ETH - thoughts out loud №2Good evening from Ukraine!
Dear colleagues, I am glad to welcome you!
In a nutshell, there is no buyer's strength in this trajectory, and I expect a short-term development of the situation.
Thank you all for your attention, I wish you success.
Sometimes you win /sometimes you learn .
- thoughts out loud
- thoughts out loud
- thoughts out loud
BINANCE:ETHUSDT
Ethereum ETH potential rally with the Stock MarketCryptocurrencies were left behind by the recent Stock Market rally.
With the arrival of new BTC Bitcoin ETFs, I expect the Crypto Market to follow!
ETH/USDT prediction
Entry Range: $1800 - 1900
Take Profit 1: $1950
Take Profit 2: $2010
Take Profit 3: $2100
Stop Loss: $1730
ETH – High confluence Pull back Trade.TLDR:
• This Idea is for those that want to increase position size or to enter long.
• Currently it is not sure we will get a retrace. This Idea is to prepare myself (and you, if you’re interested) in case we get a pull back.
• This Trade is based on Fib levels, EMAs and Fixed Range Volume.
• The 0.382 fib has the most confluence and offers better R: R.
• Please read my previous Ideas (linked) because they provide context.
Pullback Targets:
• 0.236: I couldn’t find additional confluence. If you decide to take a long based on this level put a wide SL (this is just my opinion).
• 0.382: Confluence with the FRV PoC and the 50D EMA. Strong confluence and a healthy pullback that will not kill the bullish momentum.
• Below these levels, I will have to reevaluate.
Trade Idea No. 1:
• Entry: 1855 (0.236 fib)
• SL: 1780 (below the 0.382 fib)
• Target: 2700
• TP: 2000, 2150,2700.
Trade Idea No. 2:
• Entry: 1808
• SL: 1760
• Target: 2700
• TP: 1930, 2150, 2700
NFA.
What do you think? Please share in the comments.
Best wishes to all.
ETH LONG IDEA (EDUCATION) THU 29 JUN 66It can be seen that, the price of eth/usd create bullish structure for long bias.
The reason
1) Price break trend line
2) Price did bullish correction
3) currently, the price show finish bullish correction at ema 200 in conjunction with resistance become support level with piercing pattern.
Fibonacci Extension for measuring potential resistance (profit target)
1) start from 1627(lower low) to 1936(higher high) then drag to 1820 (higher low)
2) we will get the profit target which is 2063 (0.786 ratio) as resistance level
Ema 200 (stoploss)
: the stoploss level should be 1 block below the ema 200 to prevent volatility hunt our stoploss level @ price 1777
Money management, using stoploss affect mental performance, therefore, trader should spend money from free cashflow that they receive from other sources such as dividend or rebalancing assets.
For example, I gain cashflow from passive trading 1000$
TYPE A (SCALPING MODEL),
I want to trade for 10 times (assume that my win rate is 50% and risk reward ratio is 1:3).
I will risk on this eth/usd for 100$ to gain 300$
and i will risk 100$ only when the price break trend line and make bullish correction like this.
therefore, i will keep entry the same set up for 10 times.
TYPE B (Risk per trade model)
I want to make it another portfolio
I will risk on this eth/usd for 2% to gain 6%
(risk 20$ to gain 60$)
This is just example of how i manage money for trading because my goal is to trade for a long time so i decide to pick the right approach and strategy for my risk appetite level. and the method can solve problems such as mental breakdown, mindset, and psychology.
(changing the process is better than fixing the habit !)
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) briefly rose above the 1,900 level in today’s session, after falling towards a support level of 1,830 on Monday.
Following a low of 1,840.22 to start the week, ETH/USD jumped to a peak at 1,905.36 earlier in the day.
with the world’s second-largest cryptocurrency once again falling below the 1,900 level.
ETH is trading at 1,881.79, with the RSI marginally below a resistance level of 58.00.
momentum is bullish, following a recent crossover between the 10-day (red) moving average, and its 25-day (blue) counterpart.
Should this cross mature, there is a good chance that ETH will not only move above 1,900 but closer to 2,000.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH), for its part, was unable to remain above a key price level of 1,900 during Monday’s session.
Following a high of 1,920.08 on Sunday, ETH/USD dropped by 2% today, hitting a bottom of 1,870.30 in the process.
The cryptocurrency has since marginally rebounded, and as of writing is trading at 1,882.04.
A key reason for the turbulence remains the fact that price strength has been unable to move past a ceiling of 61.00.
momentum in ethereum has turned bearish following a failed attempt to move above a ceiling of $1,930.
the RSI fell below a floor at 58.00, with a current reading of 57.75.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
ETHUSDT Reaching for $2K and BEYOND📈Hi Traders, Investors and Speculators of Charts 📈📉
Ethereum has made a clear turnaround to the upside after a successful retest of support zone $1600 and we observe some additional bullish price action on the ETHUSDT chart:
👉 Lower Highs / Chart- and Trendline Analysis
👉 Double Bottom Candles / Candlestick Analysis
👉 Strong V-Shaped Recovery - Chart Analysis
👉 Buy from Technical Indicator / TA Analysis
The most likely next stop for ETHUSD short-term is the psychological resistance zone of 2K and then beyond in the near-term, possibly around $2300.
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We appreciate your support !
CryptoCheck
BITSTAMP:ETHUSD COINBASE:ETHUSD BINANCE:ETHUSD INDEX:ETHUSD BITFINEX:ETHUSD KRAKEN:ETHUSD CRYPTO:ETHUSD BINANCE:ETHUSDT BYBIT:ETHUSDT COINBASE:ETHUSDT
Hold ETHUSDT Spot | from 1600 to 1700 Target 2100 to 2400I use chart patterns and Fibonacci Extension to determine these TPs
Recommend to Hold ETHUSDT Spot with around current price at 16/6/2023
+ Entry from 1600 to 1700
+ Take Profit 1: 2100
+ Take Profit 2: 2250
+ Take Profit 3: 2400
I will be often to update this idea
We need to divide our capital into 2-3 parts to hold ETH Spot!
Ethereum – Possible moves for this Trading Week (June 26th).• Ethereum is trading in a range between 1858 – 1916 USD.
• Currently ETH is unable to break the 1930 USD resistance level.
• I expect Market Makers to take advantage of Fed Powell’s speech (June 29 – 30) to take ETH lower. This correction could be a quick liquidity grab, or it may take longer.
• After this correction I think ETH will follow Bitcoin and break the 1930 USD level resistance to the upside. Friday’s (June 30th) PCE number release could be a catalyst to move the market away from the current range.
• Be careful of short wicks up or down. I will look for confirmation before committing to a trade. For example:
Support Levels:
• 1858 USD – Range Low & 0.236 Fib.
• 1830 USD – Liquidity Pool.
• 1820 USD – 21D & 50D EMAs
• 1810 USD – 0.382 Fib & Fixed Range Volume PoC
Resistance Level:
• 1930 – Range high & FRV VAH
• 1990 – Previous Daily level HL
• 2100 – Previous Daily Level HL
Please read My Previous ETH idea (linked) for more context.
NFA.
What do you think? Please share in the comments.
Best wishes to all.
ETHUSDT DAILY : NICE RISK TO RIWARD Hi Guys ,Hope you well.
The chart shows everything, if you can buy in good limits and with confirmation, it can be a good profit for you, it always has very good performance.
Hi Guys, Hope you well. and have good weekend
As we have been waiting for a while, Bitcoin from our green box, which was a very good PRZ location, was able to grow well. Now we can see the prices of 34,500 and even 36,000 according to the excellent liquidity ranges, and similar to these imbalance areas in the Tether chart, which I will do in the next analysis. The expectation of the market is to reach the 35000 range with the weakness of the trend and then move towards the long-term upward trend.
SecondChanceCrypto
⏰25/JUNE/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 comments.
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:
Ready to take off: Ethereum Ethereum Will go the way of the Bitcoin!
It break the resistance and it may go up from the current point or it may have a quick rest and then will go up.
Notice: Always be careful and ready for unwanted events, so put stop loss.
Any comment? please write blow and see the last analysis of Bitcoin, enjoy!
ETH Ethereum and the Wall Street-backed EDX Exchange LaunchIf you haven`t sold ETH here:
Then you should know that the recent launch of the Wall Street-backed cryptocurrency exchange, EDX Markets, is a significant development that signals growing acceptance and adoption of digital assets within the traditional financial industry. This event brings a bullish sentiment to the crypto market, indicating increased confidence from institutional investors.
EDX Markets is specifically designed to facilitate safe and compliant trading of digital assets, offering clients distinctive benefits such as competitive quotes, liquidity, and a non-custodial model. By prioritizing best practices and establishing trusted intermediaries, EDX aims to alleviate conflicts of interest and provide a secure trading environment.
The initial assets available for trading on EDX are the largest cryptocurrencies by market capitalization, including Bitcoin (BTC) and Ethereum (ETH), as well as Litecoin (LTC) and Bitcoin Cash (BCH). This selection showcases the platform's focus on the most established and widely recognized digital currencies, instilling confidence in investors.
The entry of prominent financial players such as Schwab, Fidelity, and WisdomTree into the cryptocurrency space further strengthens the bullish case. WisdomTree Investments' recent application for a Bitcoin exchange-traded fund (ETF) with the Securities and Exchange Commission (SEC) reflects the growing market interest in this investment vehicle. With BlackRock's filing also fueling the discussion around Bitcoin ETFs, it is evident that established firms recognize the potential of cryptocurrencies as a legitimate asset class.
In this context, my short-term price target for ETH is $1900. However, I maintain a bearish outlook for the overall year due to the ongoing Binance investigation and the lawsuit filed by the SEC.
Looking forward to read your opinion about it.
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- ethereum (ETH) also made significant gains on Thursday, rising above 1,900 in the process.
Following a low at 1,812.37 on Wednesday, ETH/USD surged to an intraday high of 1,932.07 earlier in today’s session.
This was the highest level that ethereum had hit since May 6, which is the last time price was over 2,000.
Today’s rally also pushed the RSI to a resistance level at 61.00, a point that it has so far been unable to move past.
the index is now tracking at 60.79, with earlier bulls opting to secure some gains, resulting in a drop in price.
ETH is now trading at 1,882.95.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Ethereum to find buyers at previous resistance?Ethereum - 24h expiry - We look to Buy at 1746 (stop at 1706)
Our bespoke resistance of 1750 has been clearly broken.
Previous resistance, now becomes support at 1750.
Short term oscillators have turned positive.
We look to buy dips.
50 4hour EMA is at 1742.
Our profit targets will be 1846 and 1866
Resistance: 1824 / 1840 / 1860
Support: 1795 / 1770 / 1750
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.