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ETH to 2,800 in the next 3 days ☁️, then rebound?May approvals of spot ETH ETFs in the US seem out of question. The meetings held between the asset managers that have filed spot Ether ETF applications and the Securities and Exchange Commission (SEC) have been one-sided and discouraging, CryptoSlate reports. This is in stark opposition to the meetings held ahead of the SEC’s approval of spot Bitcoin ETFs in January, when the regulator had provided significant feedback on the applications. The price of Ether dropped 3.4 percent to $3,208 over the past 24 hours. ☁️  Bearish clouds linger over the global crypto market, including Bitcoin and Ether, in the next 24 hours, indicating downward pressure. Over a one-week horizon, this low pressure will remain over Ripple’s XRP, Litecoin, Cardano, Binance Coin and Uniswap. 🌤️ Bullish trading conditions will, however, prevail over Bitcoin and Ether in the coming week, as the sun manages to break through the bearish clouds, ATTMO shows. Follow us for more crypto news and weather reports!
BITSTAMP:ETHUSDShort
by ATTMO
1
Ethereum (ETH) WEEKLY CHART UPDATE!!Hello friends, welcome to this ETH/USDT update from Crypto Sanders. Chart Analysis everyone, what are your thoughts on the chart? Please share your comments regarding the ETH weekly update. Ethereum's downtrend seems to be tapering off as the price stabilizes above crucial support, resulting in a 2% weekly price increase. Currently, ETH is trading within a range bound by $2,900 support and $3,370 resistance. Extended consolidation in this range could lead to a more impactful breakout. Looking ahead, ETH recently experienced a bullish crossover on the daily MACD, potentially instilling optimism and reasserting bullish sentiment. Confirmation of a bullish bias requires breaching the $3,370 resistance level. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
by CryptoSanders9563
ETHUSD Analysis (29th April 2024) Crypto Analysis (28th April 2024) ETHUSD Analysis On the 4 hour Timeframe, Price action made a bullish Change of Character after a heavy retracement on ETH. In the process, a new 4 hour bullish FVG has been formed. Ideally, I want to see price pull back to the 3282 level to retest the 4 hour minor resistance level it broke out off before creating confirmations on the 15 minute or the 5 minute to go higher. This is in line with retesting the bullish FVG created as well. However if price action fails to continue bullish and breaks past 3074 with a body candle close, I will more inclined to look for sells using the break and retest strategy, ideally with a 15 minute timeframe confirmation using Change of Character or a bearish engulfing candle, targeting 2868 level.
BINANCE:ETHUSD
by CallistoFX
1
#ETH/USDT 4-HOUR CHART UPDATE BY CRYPTOSANDERS! 📈🚀Hello friends, welcome to this ETH/USDT update from Crypto Sanders. 4-hour ETH chart: Sideways consolidation near $3K support, then bullish surge towards $3234-$3324 resistance. Sellers regained control, causing renewed bearish momentum. Price expected to remain within the $2.8-$3.3 range until breakout. "I've strived to deliver the utmost precision in this chart. If you find it valuable, don't hesitate to hit the like button and share your insights in the comments section." Thank you.
by CryptoSanders9563
1
ETHUSD Analysis 202 Crypto Analysis (21st April 2024) ETHUSD Analysis On the 4 hour Timeframe, Price action is currently retracing into a FVG which created a Change of character before attempting to break a lower low and failing. If price action respects the FVG or the OB on the 4 hour timeframe and create a change of character at the 3021.30 Level price action is more than likely to break and retest that level to continue lowerr taking out the sell slide liquidity Below. However, if price action decides to break aggressively above the 3279 level, there is a high chance price action will pump towards the 3550 Level. Keep a look out for bullish confirmation like a break and retest, or a retest of a bullish FVG.
BINANCE:ETHUSD
by CallistoFX
1
ETH Faces Bearish ☁️ & 🌧️ In the Next 7 Days - CAUTION! Eight of the top 10 best performing ETFs last week were digital currency funds, largely led by Ethereum futures funds, eft.com writes in its daily note. The best performing fund was ProShares’ Ether Strategy ETF (EETH), which gained 12 percent. This ETF manages a total of roughly $63 million in assets. EY, one of the four major accounting firms, has launched a contract management solution based on Ethereum’s blockchain, CryptoNews reports. “Deploying on a public blockchain is not only cheaper, but also much more scalable, helping enable many-to-many integrations on an open platform with no one company having an unfair advantage by controlling the network,” EY’s global blockchain leader, Paul Brody, is quoted as saying. Mixed trading conditions lie ahead for the global crypto market in the next 24 hours, with bearish clouds linger over Ether, Avalanche and Uniswap, signaling downside risks. However, Bitcoin, Binance Coin, Cardano and Ripple’s XRP will be profiting from a bullish sun and upside potential. Follow us for more crypto news and weather reports!
BITSTAMP:ETHUSDShort
by ATTMO
1
BUY ETH AT 2165 LEVEL FOR BULL RUN BEST ZONE 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
Long
by bullstraders7
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.
BINANCE:ETHUSDShort
by fxtraderanthony
1
ETH/USD Analysis (7th April 2024) ETHUSD Analysis On the 4 hour timeframe, price created a retracement after creating the all time highs at 4091. After retracing, price action created a bullish CHOCH with a body candle close at 3389.10. This indicates bullish continuation is possible after some retest of the bullish orderblock. The most recent price action retested the orderblock and has created another bullish Change of character with a wick candle closure above the level 3388.86. Ideally i want to see price break above 3439.81 with a body candle close to look for longs. Else, should price go bearish, I want to see 3216.44 get broken below with a Body candle close, looking for a break and retest to continue shorting.
BINANCE:ETHUSD
by CallistoFX
ETH/USDT 4HOUR CHART UPDATE !!Hello friends, welcome to this ETH/USDT update from Crypto Sanders. Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the ETH 4-HOUR update. Looking at the chart of Ethereum, it seems that there can be a bounce from here and along with this, other ALTCOIN will also bounce. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
ETHBTC Ratio Death Cross ApproachingKey Points: • Death Cross: The ETHBTC ratio is nearing a death cross, where the 50-week average dips below the 200-week average, historically signaling a bearish trend for Ethereum relative to Bitcoin. • Altcoin Impact: Since altcoins often follow Ethereum's movement, this could lead to a decline in their value compared to Bitcoin. • Actionable Advice: The message urges you to consider divesting from altcoins and reevaluating your portfolio to minimize potential losses. Additional Considerations: • Market Timing: Predicting market movements is notoriously difficult. While death crosses can be a helpful indicator, they are not foolproof. • Investment Strategy: This message advocates for a risk-averse approach. Consider your overall investment goals and risk tolerance before making any drastic changes. • Do Your Research: Stay informed by following reliable crypto news sources and conducting your own research before making investment decisions. Final Thoughts: Carefully weigh the information and potential consequences against your investment strategy before taking action. Don't hesitate to consult with a financial advisor if needed.
Short
by bryandowningqln
1
ETH/USDT 4HOUR UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH/USDT update from Crypto Sanders. Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the ETH 4-HOUR update. Looking at the 4-hour chart, the recent market consolidation seems clearer. The price created a rising wedge and broke it to the downside, which is a classical bearish continuation pattern. While ETH is approaching the 3,000 support level, the RSI is dropping below the 30% mark, which indicates ETH is oversold in this timeframe. Therefore, it might only be a matter of time before the price rebounds higher, probably from the 3,000 support zone. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
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.
BINANCE:ETHUSDLong
by realchartchamp
ETH: BEGINNER FRIENDLY ✅ Methods for Predicting Ahead For those who have been following me here for the past three years, you'll know that I usually never miss an opportunity at a April Fool's prank. However, today's post is NOT one of them. Instead, I'm going to take a turn and do a post that may be of real value to many investors and speculators at this point in the market cycle. We'll specifically use ETH for this example but these methods can be used across ALL MARKETS. Understanding the crypto/stock/forex markets can feel like stepping into a vast ocean of numbers, trends, and predictions. As an investor, you might wonder which pricing information is truly crucial: is it the current price or the future selling price? Interestingly, many investors look beyond these immediate numbers and delve into historical pricing data to guide their decisions. But does recent pricing history actually provide reliable insight into future market movements? Let's explore four perspectives on this topic and dive into the academic research supporting each viewpoint. ❕1. Momentum: Riding the Wave Picture yourself on a surfboard catching a wave. Momentum in the stock market is somewhat similar - it's about riding the wave of market trends without fighting against them. Think of it as the market's way of saying, "Go with the flow!" Behavioral finance tells us that investors tend to flock towards rising stocks out of fear of missing out or driven by greed. Academic studies, like the one by Narasimhan Jegadeesh and Sheridan Titman in 1993, suggest that stocks which have performed well in recent months are likely to continue outperforming in the short term. However, this momentum effect seems to reverse over longer periods, hinting at something called mean reversion. ❕2. Mean Reversion: Finding Balance Experienced investors often preach the gospel of mean reversion - the idea that over time, markets tend to return to an average value. This phenomenon isn't limited to stocks; it can be observed in various economic indicators like GDP growth or interest rates. While some studies support mean reversion in certain datasets, it's not a universal truth. It might take years, even decades, for these subtle shifts to become apparent. ❕3. Wyckoff Method : Planning WAY ahead The Wyckoff Method is a technical analysis approach to trading in financial markets, particularly stocks. Developed by Richard D. Wyckoff in the early 20th century, it focuses on understanding the intentions of large institutional players, such as smart money, through the analysis of price and volume. The method emphasizes the principles of supply and demand dynamics, as well as market sentiment, to identify potential trends and trading opportunities. Traders using the Wyckoff Method typically study price charts, volume patterns, and market phases to make informed decisions about when to buy or sell securities. Overall, it aims to provide a framework for interpreting market activity and making more effective trading decisions. ETH is clearly in profit release phase atm: ❕4. The Search for Value: Digging for Diamonds Value investors are like treasure hunters scouring the market for undervalued gems. But this method also accounts for knowing when the price is over- or under valued at its current level. Valuation Metrics include: Market Capitalization (Market Cap): Compares a crypto's total value (price x circulating supply) to similar projects. A high Market Cap relative to peers might indicate overvaluation. Network Value to Transaction (NVT) Ratio: Divides Market Cap by daily transaction volume. A high NVT suggests potential overvaluation, while a low NVT might hint at undervaluation. Both ETH (436 at time of writing) and BTC (417 at time of writing) have a relatively high NVT ratio, which could be an indication of overvaluation. ❕Long-Term vs. Short-Term Investing: Investors should consider their investment goals and time horizons when formulating strategies. Long-term investing typically involves buying and holding assets for an extended period, while short-term investing focuses on capitalizing on immediate market movements. Each approach has its advantages and risks, depending on individual circumstances and preferences. The long and short of the matter here is buying low and selling high. Two methods for TECHNICAL PRICE PREDICTION: 1) Fibonacci Fibonacci can be helpful to speculate future price targets by using it on a macro scale: 2) Logarithmic Analysis Find more information on ETH LOG here:
by CryptoCheck-
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