Ethreum
ETHUSDT: Price is rose from $2800 to $3700, Wait for Correction!ETHUSDT, rose from our first entry at 2800$ to $3700, however, price rose rapidly and left gap. Which is why we think price will make strong correction and fill the area. We can expect the strong rebound from our area towards $4700.
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ETHUSDT. Trading opportunityDaily Timeframe Analysis:
The price formed a sideways movement on the daily timeframe starting in February 2024. The buyer's vector 8-9 reached its mandatory target, and now the seller's vector 9-10 is relevant with a potential target of 3301.9 (the upper boundary of the buyer's zone, which was formed at the base of vector 8-9, indicated by the blue rectangle on the chart). The seller initiated their vector and formed a seller's zone at the beginning of the vector (red rectangle on the chart, lower boundary at 3624.28).
Sales Strategy:
Sales can be considered as an idea of realizing the seller's vector 9-10 from the seller's defense of the level 3659.01, which is a test of the buyer within the formed seller's zone. The potential target is 3301.9. On the hourly timeframe, the level 3659.01 serves as the seller's defense level for the breakout from the sideways movement. So on this timeframe, you can look for signs of the seller defending the level. If the seller does not defend this level, there is a high probability that the buyer will reach 4000.
Purchases Strategy:
Purchases are advisable to consider after the price interacts with the buyer's zone at the base of vector 8-9 (blue rectangle on the chart, upper boundary at 3301.9).
ETH. Buying opportunitiesHi traders and investors!
The seller's vector 9-10 reached its mandatory target in the sideways range on the daily TF from the previous review. It's time to update the possible scenarios.
Daily Timeframe Analysis
On the daily timeframe, the price has formed a sideways range that began in February 2024. The seller's vector 9-10 reached its mandatory target with a low of 3240, and now the buyer's vector 10-11 is relevant with a potential target of 3977. The first obstacle for the buyer is the high of the last seller's bar at 3435. The price has not yet interacted with this level. Since the price is at the lower boundary of the sideways range on the daily timeframe, it makes sense to start looking for buying opportunities. Let's look at the lower timeframe.
Hourly Timeframe Analysis
On the hourly timeframe, the price has formed a sideways range. The seller's vector 4-5 exited the boundary of the range, and then the buyer absorbed the attacking range boundary candle of the seller, forming a buyer's zone at the end of the seller's vector (blue rectangle on the chart). Currently, the buyer's vector 5-6 is relevant with a potential target of 3653. The price is at the lower boundary of the sideways range on the hourly timeframe, so it makes sense to start looking for buying opportunities.
Buying opportunities
Buying opportunities can be sought from the idea of realizing the buyer's vector 10-11 in the sideways range on the daily timeframe or from the idea of realizing the buyer's vector 5-6 in the sideways range on the hourly timeframe.
From the protection by the buyer of the lower boundary of the sideways range at 3362 on the hourly timeframe.
From the protection by the buyer of the level 3345, which is the test of the seller of the formed buyer's zone at the end of the seller's vector 4-5 on the hourly timeframe.
From the protection by the buyer of the level 3240, which is the test of the seller of the formed buyer's zone at the base of the buyer's vector 8-9 on the daily timeframe.
After the buyer absorbs the daily candle of June 24, 2024 on the daily timeframe (conservative strategy).
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ETH ETH mitigating orderblock (1) to moving downside. Order block (c) was failed. Because order block (c) was buyside orderblock. But Ethereum was bearish. So Buyside orderblock was not high probability.
At the same time Ethereum break the uptrend channel downside. If Ethereum moving upside, mitigate orderblock (2) to moving downside.
Order block (3) was buyside orderblock. But it was not high probability. Maybe some upside movements possible.
ETH Analysis ETH still holding the Inducement (💎). But ETH showing some upside movements.
Because ETH countinuesly mitigating orderblock (a, b) to moving upside. The next one is Order block (c).
So ETH mitigate orderblock (c) to moving upside is possible. If order block (c) was fail, ETH moving downside.
And order block (1) was sell side order block. So maybe mitigating this order block to moving downside is possible.
Ethereum ETH price ready to move. ETH ETF soon ?In 2 months, the #ETHUSDT price rose from $3000 to $4000 and firmly established itself above $3400. Clearly according to the blue scenario 💙
+ the news background around the #ETH ETF is actively recovering that large funds are ready to buy, just "agree" and launch)
So let's try to assume that the next wave of #Ethereum price growth will be at least up to $5400
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200,000 ETH Options Expiry: The Perfect Time to Go LongHold onto your seats because we have some thrilling news coming your way! The Ethereum market is buzzing with excitement as we approach a massive 200,000 ETH options expiry. This is a pivotal moment that could send Ethereum's price soaring to new heights, and you won't want to miss out on the action!
As the expiry date looms, demand for Ethereum is already spiking. Traders across the globe are gearing up for what could be a monumental price movement. The big question on everyone's mind: How far can Ethereum's price go?
Here's why this could be a golden opportunity:
**High Demand:** The sheer volume of options set to expire is creating a frenzy of activity. More demand often translates to higher prices.
**Market Sentiment:** Positive sentiment around Ethereum and its future developments is stronger than ever. This is a prime time to capitalize on the bullish momentum.
**Technical Indicators:** Many technical analysts are pointing to bullish patterns that suggest a significant upward movement is on the horizon.
Now is the time to make your move and consider going long on Ethereum. The potential for substantial gains is within reach, and you don't want to be left on the sidelines.
Don't miss out on this electrifying opportunity. Get in on the action now and position yourself for potential significant returns. Let's ride this wave together!
Happy trading,
Remember, the early bird catches the worm! Make your move before the market reacts.
💎ETHUSD: FULL Multitimeframe analysis💎A lot of bullish confluence at the moment for ETH
☝️Do not act based on my analysis, do your own research!!
Learn from my experience, with all the mistakes and pain shared on the way to the main goal - consistency. I'm always glad to discuss and answer questions.
⚠️ ALL videos and ideas here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. DO NOT act based on my analysis, do your own research!!
ETH - 4H more correctionIn the 4-hour timeframe, Ethereum's recent upward movement was a classic pullback after failing to hold its previous support level. This pullback reached the resistance zone around $3,600, which acted as a significant barrier. Now, ETH is showing signs of weakening and is likely to continue its downward trajectory.
Expect Ethereum to target the next support levels around $3,310 and possibly $3,110, as indicated in the chart. These zones are crucial as they represent potential areas where buyers might step in.
PEPE SetupPEPE looks interesting for bids before FOMC. Perhaps we get a scam FOMC wick and then some recovery. PEPE lead the market out of its latest correction and we would expect it to continue to be an out-performer if the market sticks this move.
Our premium indicator is also printing a dark blue long candle on the daily (the candle hasn't closed yet), and the H4 trend is looking in good shape here.
Ethereum (ETH) Technical Analysis and Trade IdeaIn a recent rally, Ethereum demonstrated significant momentum. In our video analysis, we delve into potential long positions, contingent upon price meeting our entry criteria. Observing the 4-hour chart, we note a prior bearish trend that has now been disrupted by a bullish break in market structure. My bias leans toward a long position, but it remains subject to price action developments outlined in the video.
Disclaimer: This content is not financial advice.