ETH 2317 Long. The coin came to the upper levelEntry Level: Monitor ETH at the current level of 2306.52. Add it to your watchlist and look for a familiar trading pattern or entry signal.
Targets:
1st Target: 2396
2nd Target: 2565
Leverage: Use a leverage range of 20-50X for this trade.
Stop Short: This suggests having a plan for exiting the position, especially if the price action doesn't move as expected.
Make sure to manage risk carefully, especially with high leverage, and adjust your stop-loss according to your risk tolerance. Happy trading, and keep an eye on the market movements!
Ethreum
time for ETH to fly 🐺 Hello dear KIUCOIN community 🐺
I hope you doing well ; in this idea I want to give you a very good and exciting news about ETH and also I would try to make this idea brief but very useful 🔥👇 :
As you can see on the chart, ETH is forming a large ascending triangle , which is considered a bullish pattern . However, this pattern is on the weekly chart. The good news is that when this pattern breaks, we could anticipate a significant ETH and altcoin season, which I believe would be a life-changing opportunity for you all.
Now let's analyze the daily chart to identify potential entry points for long or short positions. Who knows, we might find a great opportunity!
As you can see in the chart above, if ETH breaks through the orange resistance line , we could consider entering a long trade with a risk/reward ratio of around 1.5 , which I believe is an acceptable level for initiating a trade .
🙏🔥 Don't forget to follow me on X. You can find the links in my bio and below this idea 🙏🔥
and also always remember : 👇
🐺 Discipline is rarely enjoyable , But almost always profitable 🐺 .
Ethereum 4 Hour Chart Bearish Trend & Disappointing PerformanceEthereum 4-hour chart on Coinbase looks extremely bearish, with ETH trapped in a descending channel. I'm quite disappointed in Ethereum's performance. Having been around for nearly 10 years, I expected it to be much stronger by now, with a stable trading range of around $8,000 to $15,000. Well here it is support is at $2,222, and we're looking for a potential bounce upward. If this support level fails, the next support level is at $2,150. Hopefully, Ethereum will turn things around from there.
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
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).
ETH analysis review 2024/09/07
Result:
It's been 21 hours since I posted the BINANCE:ETHUSDT analysis. The price of ETH is moving back and forth, fluctuating between the 2300 and 2400 range, and there have been 5 trading opportunities since then.
Difficulty Review:
1st and 2nd one are harder because they bounce the price from the 2350.
The other 3 are easier, and we should aim to nail them.
The future:
If it break 2100, the long term price will change from Long to neutral, lets see.
Trade safe! Sleep well! Play Hard!
Have a good weekend!
Ethereum - Short Trade Triggered and Key LevelsEthereum’s recent touch of a red line has triggered a short trade setup. If this level fails to hold, other red lines on the chart represent potential short trade setups. Meanwhile, green lines are identified as short-term targets for these short trades. Keep a close watch on these levels to manage your trades effectively and capitalize on market movements.
Disclaimer: Trading involves risk, and past performance is not indicative of future results. Always conduct your own analysis before making any trading decisions.
Engage with this post if it resonates, and follow for updates and more trading insights!
ETH Analysis 2024/09/06
BINANCE:ETHUSDT
Notice: The points are only valid from 2024/09/06 to 2024/09/26
What we have now?
1.The key support and resistances level:
2820
2600
2400
2305
2110
What should we do?
1. For Future traders
Open the long position when the price fails to break through the lower support level
TP when the price is close to upper resistance level or TP 50% of your position first, the other 50% for a huge breakout.
SL when the price break through the lower support level and -5% ROI of your asset
Open the short position when the price fails to break through the upper resistance level
TP when the price is close to lower support level or TP 50% of your position first, the other 50% for a huge breakout.
SL when the price break through the upper resistance level and -5% ROI of your asset
When should we close the positions?
8 hours trend is much easier to catch than 24 hours trend, better close it as long as it reach to the support and resistance level.
2. Spot trader
The approach of spot traders is similar to the one mentioned above.
3. Holder
Forget everything I said.
Always put a Stop Loss for your positions!! Trade safe!
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
Bitcoin long idea after the liquidity grab. Who is with meA lot of traders have been stopped out buy the liquidity grab, now price has the inducement to to go to the upside.
The size of the liquidity grab is the accumulation of over six months.
Traders who have been trading in the small and big timeframes between 1st of march to 1st of September have been loosing money.
There is no reason for bitcoin to go to $39k.
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.
BTC, Let's keep it simple shall weAh, the crypto jungle, where even the bears like to dance! 🕺 So, here we are, staring at a mature bear flag on the daily chart like it's that ex you thought you were over, but they just keep showing up. And if this bad boy breaks down decisively, we're careening straight into the “Oh No Zone” with a potential target between 45k and 48.8k.
And what's this? A Death Cross? Sounds like a rejected name for a 90s metal band, but here it is, grimly reminding us that sentiment is shifting faster than a squirrel on a sugar rush. 🐿️
Now, while retail investors are nowhere to be seen (probably hiding under their beds), the whales are out there doing what they do best—hoarding like it’s Black Friday at a crypto sale. 🐳 And of course, rate cuts are looming like your landlord when rent's due, which in crypto-speak means bearish first, bullish later. It's like being told your rollercoaster ride is delayed but, hey, there's a free ice cream at the end! 🎢🍦
Meanwhile, Gold is out there flexing at an all-time high, giving Bitcoin the cold shoulder like it's a high school crush that just found a new date to the prom. And Bitcoin dominance? Still strutting its stuff, leaving altcoins to suffer in silence.
Over in the ETH/BTC corner, things are looking as bearish as my last attempt at a diet—good intentions, but no follow-through.
Good News? Who Cares!: Good news hits the market and... nothing happens. At this point, it’s like shouting into the void: “BTC ETF occurred! ETH ETF occurred! Halving occurred!” And the market’s like, “Meh.”
🇺🇸 All eyes are on the US Presidency coming up in 2 months. Until then, it's like waiting for your blind date to arrive—highly uncertain and probably not going to end well.
Yet, here I am, my degenerate self, telling you this might just be the perfect recipe for a great bull market! 🍲
But let's be real—experience tell me that caution is advised.
That's it, that's the idea - Good night
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!
ETH target $2240 (sjort-term)4h time frame
-
Entry: $2800
TP: $2240
SL: $2950
RR: 3.7
-
(1) Still on the path of Elliott 2nd wave
(2) Need more momentum accumulation before 3nd wave starts
(3) Potential Head and Shoulders on 4h
(4) There is a buying opportunity at $2200~$2100
(4) Be careful and make sure to stop loss, the crazy pump is coming
ETHUSD - Ethereum will go below 2500 dollars?!Ethereum is below the EMA50 and EMA200 on the 4H timeframe and is trading in its medium-term bearish channel
If the upward and downward movement continues towards the specified supply and demand zone, you can look for Ethereum buying and selling positions with the appropriate risk reward
It should be noted that these zones are at the intersection with Ethereum's weekly pivot and transactions in these areas will be short-term.
Ethereum ETH price completed its correction, and next growth?Here is a global wave analysis of the OKX:ETHUSDT price
After the launch of #ETHETF, the price correction of CRYPTOCAP:ETH has started
After launch, #BTCETF was similar to the CRYPTOCAP:BTC price. Well, this is logical, because large funds need a trading volume to purchase a large position and preferably as cheaply as possible.
The probable correction wave (4) was 0.5 of the previous wave (3)
Now the main task is to keep the OKX:ETHUSDT price in the range of $2250-2550
Well, and from this zone can start the growth wave (5) with the goal of at least $5950-6000 per CRYPTOCAP:ETH
_____________________
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ETH (Crypto ETHEREUM-USD) BUY TF H4 TP = 3347On the H4 chart the trend started on Aug. 08 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 3347
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
Inflation Pulls Back Again, Building Case for September Rate CutTakeaways
Inflation cools again: Consumer prices in the US increased just 2.9% in July compared to the previous year, the slowest mark in three years, according to the US Department of Labor.
Kamala Harris has overtaken Donald Trump in odds to win the US presidential election on Polymarket: Harris's campaign has reached out to the crypto industry, but it's unclear where she stands on regulating digital assets.
Three Arrows Capital’s liquidators have filed a $1.3 billion lawsuit against Terraform Labs: The suit, stemming from losses during the 2022 Terra network collapse, alleges market manipulation by Terraform.
Tether hit back at a $2.4 billion lawsuit from Celsius Network, deeming it unfounded and asserting its compliance with prior agreements: The dispute revolves around the liquidation of bitcoin assets to offset Celsius's debt.
US spot ETH ETFs experienced $4.9 million in net inflows on Monday, ending a three-day streak of outflows: Grayscale’s ETHE logged zero flows, while VanEck’s ETHV was the only ETF to report negative flows.
Grayscale has launched a new fund investing in MakerDAO’s governance token (MKR): The token saw a price increase following the announcement, with the fund structured as a closed-end product available to accredited investors.
Inflation Pulls Back Again, Building Case for September Rate Cut
The Consumer Price Index increased just 2.9% year-over-year in the US in July, giving the Federal Reserve ample reason to cut the benchmark federal funds rate at their next meeting in September. The Fed uses CPI, which excludes volatile food and fuel prices, as a key gauge to measure inflationary pressures on the economy. They have held rates at 5.3% since July 2023, the highest mark in roughly two decades.
Cryptocurrency prices had a muted reaction to the positive report Wednesday, with bitcoin and ether staying relatively flat. Both are widely viewed as “risk assets” that perform better when interest rates are lower. But bitcoin has faced continued selling pressure from defunct exchange Mt. Gox distributing billions in repayments to creditors. On Wednesday, a wallet associated with the US government sent almost $600 million bitcoin previously seized from Silk Road to a Coinbase Prime wallet.
Despite the recent volatility, bitcoin and ethereum have had a positive 2024 so far, rising 28.8% and 8.1% year-to-date, respectively.
🖼️ Topic of the Week: NFTs and the Art Industry: A Cryptoart Revolution
➡️ Read more here