Levels to Buy ETHOn the 4-hour chart, we can see the price of Ethereum (ETH) has been moving within a sideways price channel (green rectangle) since the end of last April.
Additionally, there is a slightly upward channel (yellow color) formed within the larger channel.
First and foremost, it is crucial to mention that the price of Ethereum (ETH) during the specified timeframe often respects key technical levels of support and resistance, even in the face of a downtrend caused by the initial shock of the lawsuit.
The price of Ethereum found support at the lower boundary of the upward price channel.
At the time of writing this analysis, ETH is trading around $1842.
I believe the optimal buying levels are near the lower boundary of the ascending price channel. However, before that, there is also a support level at $1833, followed by $1760. Caution is advised if the price falls below this level.
Furthermore, it is worth noting the small blue trend line that the price of ETH has bounced off of on four occasions
Ethreum
Ethereum continues to hold back the bulls.Ethereum - 24h expiry - We look to Sell at 1904 (stop at 1954)
1905 continues to hold back the bulls.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Preferred trade is to sell into rallies.
Expect trading to remain mixed and volatile.
We look to trade the current range.
Our profit targets will be 1784 and 1764
Resistance: 1880 / 1900 / 1925
Support: 1860 / 1840 / 1820
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.
3.53% Short Opportunity on ETHUSDT: Act Now!Technical Analysis:
The one-hour timeframe has successfully surpassed a key level on ETHUSDT.
The confirmation of the direction of ETHUSDT in relation to the one-hour timeframe is supported by the Search Volume Profile (SVP).
The remaining details are self-explanatory!
I've been hearing that major cryptocurrencies are experiencing a bullish trend at the moment. If you share the same sentiment, let's engage in a discussion in the comments section.
Ethereum's Resilience in a Volatile Market:PoS Success & GrowthThe Ethereum price has shown signs of rebounding around the 1910 area, coinciding with the 78.6% Fibonacci level. Our analysis suggests a new bearish impulse for the cryptocurrency, which is currently still within a range zone.
Despite the challenging market conditions marked by a prolonged bear market, macroeconomic concerns, and regulatory pressure, Ethereum, as a Proof-of-Stake (PoS) token, has demonstrated an impressive 60% growth in 2023. It is important to note that the recent settlement between the US Securities and Exchange Commission (SEC) and the Wahi brothers has sparked uncertainty regarding Ether's position in the eyes of federal regulators. These factors have contributed to a market sentiment filled with fear, uncertainty, and doubt (FUD).
Taking a technical perspective, our idea centers around a new short setup with a target price of 1840.000. However, it is crucial to consider the possibility of the price potentially dropping further to around 1820.
Will you believe the upcoming short term strength of ETHGreetings fellow crypto traders! Are you ready for some good news? Well, hold on to your hats because we've got some exciting developments in the world of Ethereum's technical analysis outlook! After months of uncertainty, Ethereum's price is finally showing signs of a bullish trend. So, if you're looking to invest in a promising cryptocurrency, look no further than Ethereum.
ETHEREUM short position 🧨❌Hello 🐋
the price has started the new trend to the downside before any other huge pump and this trend should be completed ❌🧨
if
the price doesn't break the resistance zone to the upside and just complete the retest, we will see more correction ❌🧨
if
breakout of the lower support zone be completed, we can see more correction to the downside ❌🧨
brief amount of green candlesticks to the upside before any other movement is logical 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
ETH 90% Downtrend What if we are just in Eth denial phase, in the middle of a massive downtrend?
At the moment Eth seems to be drawing an huge bear flag.
Still remember last bear market a fall from 1500 to 75 dollars. 90% drop.
Why would it be different now?
ETH Foundation sold 15.000 ETH this month and they normally sell it at local tops.
It looks like 3 digits on the horizon.
Good luck!
ETH Trading Strategy (LONG Only)This is an ETH Trading Strategy, using MarketCipher and RSI as the entry and exit conditions for the 4 hour chart.
This strategy is LONG only with stop loss set to 12% with 5 TPs set to 20% each.
There is one DCA safety order at -6% level to 3x the original order.
Based on the historical data, here is what this strategy accomplishes:
Total Closed Trades: 105+ as of June 3rd
Total Net Profit: 1110%
Percentage of winning trades: 65%
Profit Factor: 6.4
Order size: 10 contracts
Safety order size: 30 contracts
Here's How ETH goes to $3K: Elliot WaveHi Traders, Investors and Speculators of Charts📈📉
Ethereum has recently started a new bullish cycle along with the rest of the markets, predominantly led by BTC as always.
When we take a look at ETH from an Elliot Wave Theory analysis, we see the start of a new 12345 Wave cycle. ETHUSDT is currently trading in Wave 2-3, generally know as the longest/biggest wave of all the waves during the upward price action phase.
There are a couple of theoretical points to consider when using the Elliot Wave theory and we take a deep dive into the theory and conclude the possible end point of Wave 2-3 at $3k.
From a Technical Indicator analysis, we see a BUY signal flash on the weekly timeframe with CryptoCheck START V3.5:
The weekly TF together with this indicator is usually a great way to confirm the bias f bullish price action.
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Ethereum -> Back To A Bullish MarketHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Ethereum just retest and already started the rejection away from a previous weekly resistance area which was turned support exactly at the $1750 level.
You can also see that weekly market structure is still quite bullish, the next resistance zone is at the $2125 level so I simply do expect more continuation towards the upside to then retest the next resistance area.
On the daily timeframe you can see that my previous analysis about Ethereum perfectly played out with a simple break and retest above the daily $1850 previous resistance - daily market structure and moving averages are also now back to bullish so I am now just waiting for break above the $1910 resistance and then I do expect more continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
ETH Continues to Soar so It is Time to Trade Short Term!
I hope you have been enjoying the positive momentum ETH has been experiencing lately. It's been an exciting time for all of us, and I'm thrilled to see our favorite cryptocurrency continuing to soar!
As you all know, ETH has steadily risen, breaking new records and reaching new heights. It indicates that the market is bullish on ETH, and we expect to see more growth in the coming days.
So, what does this mean for us traders? First, it means that there's a fantastic opportunity to capitalize on the current trend and make some profits in the short term. The market is showing strong support for ETH, and this is the perfect time to enter a short-term trade.
I encourage you to take advantage of this opportunity and start trading ETH in the short term. With the positive momentum, we can expect to see some quick gains, and it's an excellent chance to maximize our returns.
Let's not miss out on this chance to make some profits and continue to ride the wave of success with ETH. So, prepare to trade and make the most of this bullish market.
Thank you for being a part of this community, and I wish you all happy trading!
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.
ETH/USDTThe price moved towards the POI area after the cash collection and then moved lower after reaching the $1920 area. In the coming days and next week, the target price will reach 1830, 1740 and 1690 dollars.
Follow me for more analysis & Feel free to ask any questions you have, I'm here to help.
⚠️ This Analysis will be updated ...
👤 ONDANAFX : @ONDANAFX
📅 06.01.2023
⚠️(DYOR)
Ethereum- New test of 2100?Similar to Bitcoin, also in Eth case we have a double tap under 1800 and reversal but, unlike BtcUsd, here we have a break above the falling trend line that started back in the middle of April.
That being said, I'm bullish EthUsd and I expect gains in the future.
A drop and daily close under 1830 would negate this scenario.
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.
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!
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: