Ethpriceanalysis
Elliott's Wave analysis at Ethereum ETH priceToday's wave analysis based on #ETHUSDT
The only open question, at least for us, is whether the A-B-C correction within the 4th wave has already been completed or not.
↗️ If it has, then buyers should not allow the price of CRYPTOCAP:ETH to fall below $2925 and, accordingly, continue to grow according to the blue scenario.
↘️ If it hasn't ended yet, then market players are still waiting for an impulsive drop in the #ETHUSD price to the $2525 area. After that, the price may recover according to the white scenario.
Which scenario do you prefer, which do you believe in more?
ETH WILL DUMP SOON TO 2100$ALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Disclaimer
ETH: buy in liquidity zone📊Analysis by AhmadArz:
🔍Entry: 3500
🛑Stop Loss: 3325
🎯Take Profit: 3659-3885-3975
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💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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ETH Ethereum Trade IdeaETHUSDT has demonstrated a bearish break of market structure within the 4-hour time frame. Our strategy involves initiating a sell position with the aim of targeting previous lows, while setting a stop loss above the previous swing high. It is advisable to secure partial profits upon reaching the first target (T1), adjusting the stop loss to breakeven, and subsequently trailing the price until a bullish break of structure is observed. It is important to note that this is not financial advice, and prudent risk management practices should be employed.
Cryptolean Ethereum ETH UpdateDaily Chart
Ethereum is trading in the bearish territory in the daily chart.
It is having a rangebound price action between the key resistance zone around $3,409 (marked in grey) and a minor support at $3,200.
Below $3,409 resistance, there is a high probability for a dip towards the key daily support zone of $2,781-$2,956.
The price action with this zone will be very important and, most likely, will result in a bullish rejection of this zone.
A bullish break-out of $3,409 will push ETH price into the daily range zone where we will see slow and choppy price action, first towards $3,600 and, likely, higher to $3,793.
Ethereum will become bullish in the daily chart only upon a sustained price action above $3,793.
In this case, bulls will take control of the daily chart and send price higher towards $4,246-$4,421, the next daily target .
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ETH $20k Bull Run Price ForecastA few members have asked me about my prediction for ETH in the bull run. I want to start by saying I don’t like to make these predictions because a lot of things can change over time, such as the ETH ETF gets approved or ETH could experience a string of bad events. But based on TA, there is a red resistance target to consider for this upcoming bull run that gives a forecast around $20k by Sept 2025, which is when I think the crypto markets could peak. I think ETH could have several touches at this red resistance line throughout the bull run, and I think this will be a key resistance target to consider over the next few months.
Daily Ethereum Update - March 5, 2024Since yesterday CRYPTOCAP:ETH has been showing more strength relative to Bitcoin, which is interesting since the spot ETH ETF was delayed yesterday and should have been bearish for ETH's price action. I think ETH is making some upward progress to the $3,944.66 price target discussed in previous updates.
ETH: Anticipating Multiple ScenariosFor Ethereum (ETH), there are currently several scenarios in play. The first involves breaking out of the current range, followed by a retest, and a potential move towards the 2352 level. The second scenario envisions a correction to a key trading area, followed by a push towards the 2352 level. Let's take a closer look at these possibilities.
ETH ETHEREUM Technical Analysis and Trade IdeaEtherium has entered a notable support zone, prompting a discussion in this video regarding two potential trade scenarios. The first involves the market being somewhat overextended, presenting a potential buy opportunity as it interacts with support. The second scenario considers a retracement back up into resistance, offering a potential sell opportunity. Throughout the video, we analyze the prevailing trend, market structure, and price action. It is important to note that this content should not be construed as financial advice and is intended solely for educational purposes.
ETHUSD - MY BEARISH SCENARIO DESPITE ALL THE HYPE (TARGET 2100) Yes I know it's bullish on paper but here's a contrarian idea to bring some perspective.
What's do we see? (follow the numbers on the chart)
1) The high that's the base of the resistance trendline.
2) A breakout structure that presents sellside liquidity (potential target).
3) A major consolidation that gives a lot of sellside liquidity which to me is a big driver of this bearish analysis.
4) This is a big breakout that led to a lot of hype. What if ETH breaks free from its Bitcoin chains? Well I don't believe it. Right now Bitcoin is still the driver of the crytpo market and that's just fact.
5) The high, aka buyside liquidity, that isn't random. It ended perfectly at the top of the weekly FVG. This to me justifies the consideration of a bearish scenario, ESPECIALLY because BTC is also bearish in my eyes.
6) A re-entry of the range. This is typical for most price action.
7) Liquidity taking. Those lows are just too attractive to not be taken out. But again who knows?
Anyways thanks for reading and happy trading! ;)
ETHUSD Bullish pennantEthereum perform a strong bullish pennant pattern inside channel up, and still in a strong bullish,
If this pattern broken up, bullish target at channel up resistance around $2,789, with maximum target at bulllish pennant projection at $3,053
Right now, bitcoin still in danger zone, so trade with careful.
If this pattern failed, we have fibonacci support at $2,380 and also a wide range support zone.
Good luck
may profit be with you
ETH ETHEREUM Technical Analysis And Trade Idea ETHUSDLately, ETH has displayed a strong bullish trend. This video thoroughly examines and dissects this trend, closely analyzing price movements and identifying potential trade prospects by assessing various scenarios within the weekly and daily timeframes. Anticipate an in-depth exploration of price behaviors, market formations, trend assessments, and critical technical analysis components. It's crucial to emphasize that the content shared is solely for educational purposes and should not be interpreted as financial advice.
ETHEREUM Pair : ETHUSD ( Ethereum / U.S Dollar )
Description :
Completed Impulsive Waves " 123 " at the Daily Resistance Level creating Corrective Pattern " Triple Top " in Short Time Frame. We have Rising Wedge as an Corrective Pattern in Short Time Frame with " ABCD " Corrective Waves
Entry Precautions :
Wait until it Rejects / Breaks from Resistance Level