ETH (Crypto ETHEREUM) BUY TF H1 TP = 2391.45 On the H1 chart the trend started on Sept. 7 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 2391.45
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
Ethlongsetup
Long on Ethereum (ETH)Going long on Ethereum (ETH) near $2,100 offers a favorable risk-reward setup:
Support at $2,100: This level has shown strong buying interest, making it a potential base for a long position.
Risk Management: Set a tight stop-loss slightly below support, around $2,050–$2,000, to minimize downside risk.
Upside Potential: If the support holds, ETH could bounce towards higher resistance levels, offering a solid reward compared to the risk.
Key factors to monitor: overall market sentiment, BTC correlation, and ETH-specific news (network upgrades or regulations).
Where To Buy Ethereum MartyBoots here , I have been trading for 17 years and want to share my thoughts on Etheureum.
In this video I talk about where is the buy for a bounce and the longer term views and what to look for.
ETH is very important for ALTs , if it bounces ALTs moon and if it crashes ALTs crash very hard so ETH is very important to understand
Any questions just let me know
MartyBoots
$2,500 Zone has supported $ETH many times.$2,500 Zone has supported CRYPTOCAP:ETH many times.
This $2.5K zone is a saviour from Ethereum's fall. If this zone breaks, this baby may rally further south.
For now, we are likely to see positive move before breaking the current support zone.
Can the bull even ride it to $2400?
Waiting for level confirmation Followed by correction Waiting for level confirmation Followed by correction
At the moment, the ETH/USD trading situation is characterized by volatility, which is often seen in the cryptocurrency market. Ether (ETH) is at levels that can be both support and resistance, depending on current news and analytics. Investors are keeping a close eye on regulatory changes as well as the development of decentralized finance (DeFi) and NFTs, which could influence demand for Ether. Technical analysis shows some support and resistance levels where consolidation may occur. Market sentiment varies and traders are likely to continue to look for short and long term profit opportunities. It is important to keep in mind that changes in the global economy may also have an impact on the cryptocurrency market.
R/R 1.7📊Analysis by AhmadArz:
1. Range 📉:
- The price has been fluctuating between support and resistance levels. After breaking out of this range, the trader enters the trade.
2. Entry Point 🚀:
- The entry point is at 2742.55 USDT. The trader initiates a buy position after the price breaks above a key level.
3. Take Profit 🎯:
- The target profit is set at 2786.71 USDT. The trader expects the price to reach this level and close the trade with a profit.
4. Stop Loss 🛑:
- The stop loss is placed at 2721.97 USDT. If the price falls to this level, the trade will be closed with a loss.
🔹 Summary: The trader is using a breakout strategy, expecting the price to rise, and has set clear entry, exit, and stop-loss levels for the trade.
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
Bullish after January 2025Bullish on ETH 🐂 Expecting a move towards $5,114.38 after or around January 2025. Strong fundamentals and recent development in ETF's are driving this positive outlook. I'm expecting price action to start move bullish in and around 2025, Dollar cost average ETH if the best bet.
ETH biggest whales accumulation BITSTAMP:ETHUSD
Possible Targets and explanation idea
➡️2 indicators from my set. The best for swing trading and investments zones
➡️ADZ (lowest indicator) showing we got biggest whales accumulation ever at 880$
➡️Fib retracement end of bull run was in April-May 2021 not in Autumn 2021. Open charts 90% of altcoins and you'll understand
➡️Tested -0.27 zone (historically on Weekly its an accumulation and last capitulation)
➡️Trade almost one year under and around Fundamental price and Buy line based on my Take profit indicator. Yellow line
➡️Take profit line now at 3212 around 0.5 and 0.618 level by fib.
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
---
• Look at my ideas about interesting altcoins in the related section down below ↓
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ETH target 38004h time frame
-
TP: $3880
SL: $3000
RR: 8.78
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(1) Potential double bottom is creating
(2) Left leg of double bottom mentioned above performed good support at 0.382 Fib projection
(3) This is an opportunity to add position for traders who followed previous trading plan
(4) $3880 is good to close "partial", not all, there is a higher target
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Previous analysis
#ETH/USDT#ETH
After the approval of Ethereum ETFs, the current correction is expected
Ethereum price has been moving in an upward trend on the four-hour frame since the beginning of July
The price has now touched the rising trend and produced a reversal candle on a 4-hour frame
Expected to rise on targets
Entry price 3177
First target 3315
Second goal 3424
Third goal 3546
This is supported by the bearish saturation on the RSI indicator
The rise also supports stability above the Moving Average 100
And stability is above the current trend
The pattern is canceled if it closes 4 hours below the upward trend in orange
ETH wait for 3000 for buy/longCMP the price at eth is going side ways incase the price starts making lower low and lower high on daily time frame, then follow the structure and wait for change of trend at the zone of 3000 where we have a order block and we can if we see impulsive move towards it will be target for 4250
ETHBTC📊Analysis by AhmadArz:
this analysis for jumping ETH to BTC in low support ... just wait for give zone .🚀
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
ETH: Reaction to leve-priceAnalysis by ahmadArz📊 ETHUSDT
This chart represents the Ethereum to Tether (ETHUSDT) pair on a 4-hour timeframe. The analysis of the chart includes several key price levels and potential price movement patterns.
1. **Key Price Levels:**
- **$3950.23**: A strong resistance level where the price has reacted in the past. 📈
- **$3720.77**: Another resistance level near the current price (3736.24). 📊
- **$3410.90**: A support level to which the price might return. 📉
2. **Potential Patterns:**
- Two curved arrows indicate two possible scenarios:
- **Bullish Scenario**: If the price breaks above the $3720.77 level, it is likely to move towards the $3950.23 level. 🚀
- **Bearish Scenario**: If the price fails to break the $3720.77 level and declines, it might reach the support level of $3410.90. 🔻
3. **Reaction to Price Level:**
- The text on the chart "Waiting for reaction to level-price" suggests that the analyst is waiting for the price to react to the $3720.77 level to decide which direction the price will move. ⏳
4. **Black Arrows:**
- The black arrows on the chart indicate key points where the price has reacted in the past. 📍
In summary, this analysis suggests that if the price can break the $3720.77 resistance level, it will likely move towards the next resistance at $3950.23. However, if it fails to break this level, it might return to the support level at $3410.90. The analyst is waiting for the price reaction at these key points to determine the next direction.
Ethereum - ETF incoming! No one can be sure when the US SEC will approve the spot Ethereum ETF registration statement, which is expected to be in next few weeks. Now it's just a matter of how long the SEC wants to delay.
Ethereum has been trading within a parallel channel since the beginning of the month, and is currently using the daily SMMA as support, if we break out of the channel with confirmation, I believe we will easily see Ethereum return to $4,000 or close to it in the short term, that will be bullish for the Altcoins.
Ethereum's Breakout Sparks Altcoin FrenzyThe past few months have been pivotal for Ethereum and the entire cryptocurrency market. After weeks of hovering around $3200, ETH finally broke through that resistance level on July 15, 2024, reaching a new high of $3369.192. This surge in price has not only bolstered confidence in Ethereum's long-term potential but has also ignited a frenzy among investors scrambling for altcoins, hoping to capitalize on the momentum.
Ethereum's Rise: A Turning Point
Ethereum, the world's second-largest cryptocurrency by market capitalization, has long been seen as a strong contender to Bitcoin's dominance. While Bitcoin has established itself as a digital store of value, Ethereum's functionality extends beyond that. Its blockchain technology underpins a decentralized network that allows for the creation of smart contracts, self-executing agreements that can facilitate a wide range of applications, decentralized finance (DeFi), and non-fungible tokens (NFTs) being just a few examples.
This versatility has fueled significant interest in Ethereum, and the recent breakout is seen as a validation of its potential. The surge past the $3200 resistance level suggests a shift in market sentiment, with investors growing more bullish on Ethereum's future. This bullishness is likely fueled by several factors:
• Increased adoption of DeFi and NFTs: The growing popularity of DeFi applications and NFTs has significantly boosted activity on the Ethereum network. This increased usage translates to higher demand for ETH, driving up the price.
• The Merge: The upcoming Ethereum upgrade, known as the Merge, is expected to significantly improve the network's scalability and efficiency. This has instilled confidence in investors who believe the upgrade will further solidify Ethereum's position within the crypto ecosystem.
• Institutional investment: The entry of institutional investors into the cryptocurrency market has brought a wave of fresh capital. With a more secure and established platform like Ethereum, these institutions are more likely to allocate funds, further propelling growth.
The Rise of the Altcoins
Ethereum's breakout has had a ripple effect across the entire cryptocurrency market, particularly on altcoins, which are digital currencies alternative to Bitcoin. The term "altcoin" encompasses a vast array of cryptocurrencies, each with its unique features and functionalities. Some altcoins are designed to address specific limitations of Bitcoin, such as scalability or transaction fees. Others focus on entirely new applications, like decentralized content creation or secure data storage.
The excitement surrounding Ethereum has spilled over to altcoins, with many experiencing significant price increases. Investors are looking for the next big thing, hoping to replicate the success of Ethereum. This has fueled a surge in altcoin trading, with some investors pouring money into various projects in the hopes of finding the next hidden gem.
A Word of Caution
While the current market frenzy is exciting, it's important for investors to approach altcoins with caution. The altcoin market is inherently more volatile than established players like Bitcoin and Ethereum. Many altcoin projects are in their early stages of development, and their long-term viability remains uncertain.
Investors should conduct thorough research before investing in any altcoin project. Carefully evaluating the underlying technology, the team behind the project, and the overall market potential is crucial. Buying into the hype without proper due diligence can lead to significant losses.
The Future of Ethereum and Altcoins
Ethereum's breakout marks a significant moment for the cryptocurrency market. It underscores the growing acceptance and adoption of blockchain technology and its potential to revolutionize various industries. The coming months will be crucial in determining whether the current altcoin frenzy translates into sustained growth for these alternative cryptocurrencies.
For Ethereum, the successful implementation of the Merge will be a major milestone. If achieved, it will solidify Ethereum's position as a leading blockchain platform and could pave the way for even greater adoption and innovation within the crypto ecosystem.