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Ethlong

ETH Broke the Range High – Now What?Current Status: Yesterday, May 27th, ETH broke the range high. The range high of roughly 1885 has been holding ETH back since May 10. The Question is what to do now? Basic Assumption: My basic premise is that the correction is over, and that ETH will not get to the range low in the near future. Of course, anything can happen, and the next few days will show if this correction is behind us or not. Fortunately, ETH’s chart is relatively simple and if the following conditions are met, I think we can long ETH. Long Conditions: 1. If ETH breaks through the diagonal resistance line and holds it as support. 2. If ETH clears the horizontal support of 1935 USD. 3. The move up has to be convincing, meaning with volume and range. • You should note that yesterday’s move left an imbalance on the chart (red box) and if your system allows you the risk, it can be an entry as well, assuming we get there. If this is the start of a mini bull market, I am expecting ETH to make it to at least 2700 USD, but we’ll cross that bridge when we get there. First, we need to break this local resistance. My trade Ideas: 1. Conservative Scenario Entry: 1930 SL: 1900 Target: 2700 USD (it is wise to take profit along the way) 2. For the Brave and Reckless Entry: 1850 (at the imbalance below the range high, if we get there) SL: 1795 Target: 2700 USD NFA Don’t be a Degen. Avoid high leverage. FA Feedback will be appreciated.
Long
by NewThoughtCrypto
ETH/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Ethereum (ETH) was marginally lower today, however, it managed to remain above the 1,800 level. Following a high of 1,887.71 on Thursday, ETH/USD declined to an intraday bottom at 1,846.23 earlier in the day. The move saw ethereum edge towards a key price floor at 1,830, however, bulls have so far resisted this collision. ETH has now fallen for a fourth straight day, with the catalyst being a failed break out of a ceiling at 1,930. the RSI is now at a reading of 51.54, after failing to move past its own resistance at 59.00. ETH has rebounded from its previous low and is now trading at 1,862.93. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
Ethereum ETH and the US Debt CeilingNegotiators from Democratic and Republican parties finalized an agreement on Sunday night. Instead of raising the limit to a specific level, they have opted to suspend it entirely until 2025. This strategic move ensures that their bills can be paid until that date, while also guaranteeing that the next battle to raise the ceiling will not coincide with the upcoming presidential election. The resolution of the debt ceiling issue brings optimism and stability to the financial landscape, which has a positive ripple effect on the cryptocurrency market. Bitcoin and the broader crypto market stand to benefit from increased investor confidence, reinforced safe-haven status, enhanced institutional adoption, regulatory clarity, and the overall positive impact on global markets. ETH/USDT Entry Range: $1800 - 1900 Take Profit 1: $1950 Take Profit 2: $2010 Take Profit 3: $2100 Stop Loss: $1730
Long
by BuySellMarketMaker
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Ethereum (ETH) dropped below 1,900 in today’s session, as bulls retreated from a recent multi-week high. ETH/USD sunk to a bottom at 1,860.37 earlier in today’s session, which comes after a peak of 1,914.85 the day prior. the shift in momentum has led to ethereum moving away from a recent high of 1,928, which was the strongest point price had hit since May 8. Failure to move past a resistance level of 1,930 can be partially blamed for the change in direction. bears now seem to be set on taking the price to a support point at 1,830, with the RSI hunting for a floor of its own. The index is now tracking at 52.60, with the next visible floor potentially at 49.00. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
3
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Ethereum (ETH) was relatively more stable during today's session, remaining above 1,900 for the majority of the day. Following a low of 1,879.08 on Tuesday, ETH/USD raced to an intraday high of 1,916.57, as the session matured. this move saw ethereum continue to track close to its strongest point since May 8. An upward crossover of the 10-day (red) and 25-day (blue) moving averages has already occurred, which could likely entice further bulls to reenter the market. In the event this happens, a ceiling at 1,930 will be one of the last points of resistance preventing a move above 2,000 Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
2
Ethereum to extend its gains?Ethereum - 24h expiry - We look to Buy a break of 1926 (stop at 1876) Short term momentum is bullish. There is no clear indication that the upward move is coming to an end. Short term indicators have turned positive. We look for gains to be extended today. A break of the recent high at 1925 should result in a further move higher. Our profit targets will be 2046 and 2066 Resistance: 1925 / 1950 / 1975 Support: 1892 / 1860 / 1835 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
Why ETH offer double return over BTC in the last year? I hope you're doing great! I wanted to share some exciting news with you about the performance of Ethereum (ETH) over the last year. As you may know, Bitcoin (BTC) has been the talk of the town for quite some time now. However, ETH has been silently outperforming BTC over the last year. ETH has grown over 5.7% in value in the previous 12 months, while BTC has last only 6.06%. That's right, and ETH has nearly doubled the growth of BTC! This clearly indicates that ETH is becoming a more valuable and reliable investment option. And with the recent upgrades to the Ethereum network and the growing popularity of decentralized finance (DeFi), the future looks even brighter for ETH. So, if you're looking to invest in a cryptocurrency with a higher potential for growth and stability, I highly recommend investing more in ETH over BTC. Don't miss out on this opportunity to join the ETH revolution! Thank you for your time and consideration. Happy trading!
BITSTAMP:ETHUSDLong
by bryandowningqln
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS. CHART ANALYSIS:- ethereum (ETH) also increased on Monday, climbing above the 1,900 level. ETH/USD jumped to an intraday high of $1,926.42 earlier in the day, following a low of $1,839.13 the day prior. This surge led to the world’s second-largest cryptocurrency hitting a three-week high. today’s surge came as the 10-day (red) moving average crossed over its 25-day (blue) counterpart. If this trend continues, there is a strong chance that ethereum could move closer to $2,000 in the upcoming week. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS. CHART ANALYSIS:- ethereum (ETH) also moved higher on Saturday, remaining above the 1,800 level. Following a low of 1,810.37 on Friday, ETH/USD managed to hit an intraday high of 1,837.87 earlier in the day. This surge led to the world’s second-largest cryptocurrency breaking out of its recent ceiling of 1,830. as the day has progressed, earlier gains have somewhat fallen, with ETH now trading at 1,828.18. It appears that market uncertainty has also risen, as the RSI neared a ceiling of its own at the 49.00 mark. Price strength is now tracking at 48.75, and should it break out of this point, then there could be further highs from ETH this weekend. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
Can ETH skyrocket by breaching this level for an astounding 50% Guys, we're looking at a big move up ahead. Here's why it's likely to break this level: >Notice the Green boxed candle. It often signals a change of character (here in the upward trend), suggesting this level will be surpassed soon. >When a 10-day green candle closes above the level (R1), expect a 50% price increase. Set your stop loss at the light blue box. >Even if the price temporarily drops, lower time frames confirm a potential move to the DARK blue level. Keep a tight stop loss (above the R1) and aim for a 31% decline. Remember, your input is valuable in the comments. Let's discuss and share our thoughts. Good luck!
by UnknownUnicorn14930146
Ethereum -> Consolidation Before BreakoutHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Ethereum is approaching a quite nice previous weekly resistance area which is currently turned support exactly at the $1700 level. You can also see that weekly moving averages and market structure is overall bullish, I am now just waiting for a retest of this level before I then do expect more continuation towards the upside. On the daily timeframe you can also see that over the past couple of days Ethereum has been trading between support at the $1780 level and resistance at the $1855 level so I am now just waiting for a break above the resistance and then also the daily timeframe looks promising for a next rally towards the upside. 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
34
Bitcoin & Ethereum: Sunny Outlook ⛅ Ripple & Cardano Shining? ☀️Sunny weather with a few scattered clouds lies ahead for the crypto space, including Bitcoin and Ethereum . The market sentiment is boosted by the Nasdaq's overnight rally and hopes of an imminent debt ceiling deal. This sets the stage for a slightly bullish market with upside potential in the next 24 hours. 🚀 But the spotlight today falls on Ripple and Cardano , as they bask in tropical conditions - very bullish with significant upside potential. 🌴🌟 Over a one-week horizon, cloudy weather with some sun for Bitcoin , which means a slightly bearish market with downside risk. The outlook is better for Ethereum, Ripple and Cardano : a slightly bullish market with upside potential. Follow us to stay updated with more crypto weather insights and reports!🌩️⛅🌈
BITSTAMP:BTCUSDLong
by ATTMO
Perhaps it will influence the direction of the wider market1 / The smart whale that made around $2.5 million during the #USDC decoupling is long ETH on #Aave. Today, this whale: - Converted 7,169 stETH with 7,169 ETH. - Deposited 7,169 stETH into #Aave. - Borrowed $8.45M USDT. - Deposited 8,450,000 USDT into #Binance (possible ETH purchase). 2/ Whale deposited 28,755 stETH ($52M) into Aave, borrowing a total of 36M USDT. The health rate is 1.2. When the price of ETH drops by 20% (~1,511) it will be liquidated. 3/ During the USDC decoupling period, Smart Whale exchanged a total of 66.6M USDT for 69.2M USDC. USDC was then exchanged for USDT when USDC returned to the peg in April. A profit of around $2.5 million!
BITFINEX:ETHUSD
by MMmie
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Ethereum (ETH) also declined for the second session in a row, falling below the 1,800 level in the process. After hitting a high of 1,817.97 ETH/USD reached a low of 1,763.37 today. The move dropped Ethereum from its own support point at 1,790, hitting a two-week low in the process. the earlier decline has eased somewhat, as the floor at 43.00 on the RSI has helped stop the bleeding. Despite the decline, the 10-day (red), and 25-day (blue) moving averages are now nearing a crossover, which could signal a price reversal. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
5
ETH SETUP"Support levels are indicated in green, from weakest to strongest at the bottom, and resistance levels are also indicated from weakest to strongest. You can enter buy and sell trades based on them." Please note that support and resistance levels are commonly used in technical analysis to identify potential levels at which the price of a financial instrument may reverse or encounter obstacles. Traders and analysts use these levels to make informed decisions about entering or exiting trades.
by smssms081
ETH Ascending Triangle Pattern Points to Potential BreakoutEthereum (ETH) traders have identified an intriguing chart pattern on the 30-minute timeframe—an ascending triangle pattern. This bullish continuation pattern suggests a potential breakout ahead. In this article, we'll delve into the pattern, outline the key levels, and propose a trade setup for traders to consider. Ascending Triangle Pattern Overview: The ascending triangle pattern is a reliable bullish continuation pattern characterized by a series of higher lows coupled with a consistent resistance level. This pattern signals a higher probability of an upward price breakout. Current Scenario: ETH is currently trading in proximity to the neckline resistance level, forming an ascending triangle pattern on the 30-minute chart. Traders should anticipate a minor dip before a potential breakout occurs. Trade Setup: Entry Level: $1840 Target: $1946 Stop Loss: $1824 View Negation: Should ETH break below the critical support level of $1820, the pattern's validity would be invalidated, and traders should reconsider their position.
Long
by TheNewsCrypto
22