ETH USDTEthereum is currently trading around $2,627. The price is approaching a critical resistance zone (Blue) at $2817.43 - $2850.01 . If ETH successfully breaks through this resistance and closes above it on the daily chart, further bullish momentum could be expected. This could push the price towards the next significant resistance zone (Green) at $3441.19 - $3505.50. Traders should keep an eye on ETH’s movement at this key level for potential future pumps.
Everything is on the chart
Ethreum
Potential Ethereum Bull Run After Completing the Inverse HASOn the daily chart of Ethereum to USDT (ETH/USDT), an inverse head and shoulders pattern is forming. This pattern is one of the most powerful indicators of a trend reversal in technical analysis. Given that Ethereum has been in a downtrend for the past months, the formation of this pattern could signal the end of the bearish phase and the beginning of a strong bullish movement.
Currently, the left shoulder and head of this pattern have been formed, and it seems that the right shoulder might be completed in October. Once this pattern is validated and the neckline is broken, we can expect Ethereum’s price to rapidly move towards higher targets, such as the $3800 to $5000 levels.
If this pattern holds and considering Ethereum's historical price behavior, the likelihood of a significant bull run in 2024 to 2025 becomes very high.
#ETH/USDT#ETH
The price has broken the descending channel on the 1-day frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 2200
Entry price 2400
First target 2750
Second target 3205
Third target 3740
Ethereum is a dealEvening mate , i gave you eth at 1600$ but once again i see a chance to accumulate this giant.
Price right now is on a very strong support which we can also consider as a retest. There’s a massive pitchfork i see which causes candles to react beautifully, as you see we are hitting the floor atm .
I think buying eth now is like buying eth below 500$ in the last cycle, it also indicates a good reversal signal for altcoins as well .
Love you all .
Daddy sharkie :)
Phemex Analysis #23: Can the Fed Rate Cuts Ignite ETH Rally?!The recent Federal Reserve rate cuts sent ripples through the financial markets, sparking a rally in both the US stock market and the cryptocurrency realm. Bitcoin and Ethereum, the two titans of crypto, were among the beneficiaries, experiencing significant price increases.
While many investors approached this bullish surge with caution, a wave of optimism for Ethereum was brewing at the TOKEN 2049 conference. Influencers and experts alike expressed their belief that Ethereum's price could outperform Bitcoin in the next bull market.
Intrigued by this potential, let's explore some possible scenarios for Ethereum's journey and how you might capitalize on them:
Scenario 1: A Bullish Breakaway
If Ethereum's price continues to climb and breaks through the first resistance level of $2,800, we could see a period of accumulation before the next leg up. However, a more explosive move, surpassing the $3,400 mark, would signal a strong bullish reversal and present a prime opportunity to enter Ethereum.
Scenario 2: A Temporary Dip
On the other hand, if the rally loses momentum and Ethereum's price falls below the $2,200 support level, a deeper drop to $1,980 could be on the horizon. However, if the price forms a higher low above $2,200, it would indicate a strengthening of the support level and could offer a lucrative buying opportunity at a discounted price.
As with any investment, it's crucial to conduct thorough research and consider your risk tolerance before making any decisions. The future of Ethereum is filled with uncertainty, but the potential rewards are significant. Stay informed, analyze the market, and seize the opportunities that may arise.
Tips:
Armed Your Trading Arsenal with advanced tools like multiple watchlists, basket orders, and real-time strategy adjustments at Phemex. Our USDT-based scaled orders give you precise control over your risk, while iceberg orders provide stealthy execution.
Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
ETH Journey to 2025: Key Levels and Market ScenariosHello friends,
In late 2021, Ethereum ( BINANCE:ETHUSDT ) reached an all-time high of approximately $4,900 before experiencing a significant correction, dropping around 80% to a low of $880. Since that dip, ETH has been consistently making higher highs and higher lows, suggesting a potential long-term bullish trend.
I'm focusing on these key levels as important points for any macro cycle movement:
Pivot Points High Low Levels:
HH: $4,100 (Near ATH)
HH: $2,700 (Previous resistance)
HH/LL: $2,100 (Critical pivot)
LL: $1,500
LL: $880 (2022 low)
Bollinger Bands Analysis :
Currently, ETH is within the lower Bollinger Band, indicating a potential oversold condition. Historically, this has been a favorable zone for accumulation, as the price may revert to the mean once the selling pressure eases.
Potential Scenarios:
Bullish Case:
The most critical level to watch is $2,700. A decisive break above this level could pave the way for ETH to challenge the psychologically important $3,000 mark. If ETH can establish $3,000 as support, it would confirm a higher high and potentially signal the start of a new macro bull cycle.
Consolidation Case:
ETH may continue to trade between the $2,100 support and $2,700 resistance, forming a tightening range. This consolidation could set the stage for a significant move once resolved.
Bearish Case:
A failure to hold above $2,100 could lead to a retest of lower support levels. However, as long as ETH maintains its pattern of higher lows, the long-term bullish structure remains intact.
Conclusion:
The $3,000 level appears to be the key for initiating a potential macro bull cycle. Accumulation near the lower Bollinger Band could be a strategic move for those bullish on ETH's long-term prospects.
Risk Management:
Consider using the $2,100 level as a potential stop-loss for long positions, as a break below this level could invalidate the bullish thesis.
Happy Trading!
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!
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.