ETHUSD almost at resistanceETHUSD still at symmetrical triangle pattern.
If we look at previous lower high, it touch with a long shadow , so in this wave maybe $2,038 is the new lower high.
pullback from this position at fibonacci support or at triangle support around $1,957
maximum high for this wave at $2,074
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Ethsignals
Ethereum Price Signals Potential 60% Surge Ethereum is showing signs of a significant breakout, forming an ascending triangle pattern with three higher lows and three nearly equal highs since June 2022. A decisive weekly close above the $2,000 horizontal resistance could trigger a 43% surge to $2,943.
Currently, Ethereum is holding above the support of the Momentum Reversal Indicator (MRI) at $1,936, indicating potential strength. If Bitcoin's price remains stable, Ethereum is expected to rally towards $2,943, facing resistance at $2,539.
While the target is theoretically $2,943, Ethereum could surpass this and reach $3,186, implying a 60% increase. Conversely, a failure to maintain support above $1,936 may lead to a correction towards $1,795. A weekly close below $1,547 would invalidate the bullish scenario, potentially pushing Ethereum down to $1,309.
Road to $2529 part 3after reach triangle resistance, ETH pullback with strong bearish candle, and reach fibonacci support now at $1994.7
Target from this support at triangle resistance around $2082
This analysis are continuation from my previous analysis you can check here :
part 1
part 2
I will update more especially at important key level.
don't forget to like this analysis.
Many thanks.
"Ethereum Maintains Strong Position Above $1,935 Support Level" Ethereum's price maintains its position above the crucial $1,935 support level, which could spell doom for ETH if breached. With the RSI tilting upwards and AO staying in the positive zone, ETH may extend its upward trajectory, recovering above the $2,029 support to follow the upward trend. This could propel the second-largest cryptocurrency by market capitalization to reach its highest point at $2,136. However, in the face of increased selling pressure, Ethereum's price might dip below the $1,935 support. A decisive move below this level would confirm a downtrend, with ETH potentially testing the 25-day or 50-day EMA at $1,892 and $1,806, respectively.
In a more bearish scenario, Ethereum's price could target the 100-day EMA at $1,763, and breaking and closing below this level would invalidate the bullish argument below the $1,753 support.
Read also: Ethereum Price Prediction: Ascending Triangle Pattern Evaluates $4,000 Target for ETH in 18 Months.
ETHUSD Road to $2529 part 2last night Ethereum drop to fibonacci 0.618 support at $1961
with this price action, bullish continue and perform a new fibonacci pattern with a new symetrical triangle.
Opening a long position at symetrical triangle support have 3 target :
1. $2101 at symetrical triangle resistance (intraday setup)
2. $2252 at fibonacci 1.618 projection
3. $2398 at symetrical triangle projection.
with this target, ethereum getting closer to our main target at $2529.
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If you have any question, do not hesitate to contact me
Your support at this analysis will also support ETHUSD to reach bullish target
Click here to check my other analysis
ETH's Phenomenal Bullish Flag and Your Chance to Long ETH!Ethereum (ETH), that unstoppable force of innovation and decentralized potential, has just experienced a jaw-dropping bullish flag after an outstanding breakout. This unprecedented event has set the stage for an extraordinary opportunity, and I couldn't contain my excitement any longer - it's time for you to long ETH!
A bullish flag breakout is like witnessing a majestic creature soar high above the clouds, defying all limits and embracing its full potential. It's an adrenaline-fueled rally that propels ETH to new heights, and guess what? That time is now! With this awe-inspiring bullish flag, ETH's potential knows no bounds; it's soaring skywards, ready to rewrite the history books once again.
But what makes this breakout even more thrilling is the dawn of a new era for Ethereum. With the launch of Ethereum 2.0 just on the horizon, we are witnessing a groundbreaking transformation that will revolutionize the world of decentralized finance and elevate ETH's value exponentially.
Now, fellow traders, it's time to seize this incredible moment. Let your excitement power your actions! Take your stand, and join the long ETH movement without hesitation. This is your opportunity to be part of a revolutionary journey, a journey that could change your financial landscape forever.
So, don't let this extraordinary bullish flag fade away without taking a leap of faith. Remember, legends aren't created by sitting on the sidelines - they are made by seizing the opportunities in front of us. Long ETH today and become part of this awe-inspiring story that's unfolding before our very eyes!
ETHUSD with new flagA new bullish flag perform today with small wave. In this analysis, I use 1 hour timeframe.
To make sure bullish continuation, ETH need to break up $2,102 and create a new higher high as bullish confirmation.
Bullish flag profit projection at $2,308, this target are same level as resistance channel up at my previous analysis.
Click here if you wanna learn about bullish flag pattern.
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If you have any question, do not hesitate to contact me
Your support at this analysis will also support ETHUSD to reach bullish target
Click here to check my other analysis
#eth #ethereum short term movements#ethusdt has been moving inside this ascending wedge. If #ethprice again declines from top of this channel (2250 - 2300 usd) , then a dump will likely occur.
The invalidation is: If #ethusd price smashes 2300 - 2500 usd price zone with weekly closing and strong volume.
NOT FINANCIAL ADVICE.
ETH : 🌞 Skies & Upside Potential in 24H, Correction in 1 Week? Mixed trading conditions ahead for the global crypto market in the next 24 hours. Bitcoin and Polygon face cloudy skies ☁️, translating into a slightly bearish market with downside risk. The sun 🌞, however, shines over the rest of the cryptosphere like Ether, Avalanche, and Ripple, hinting at upside potential, according to ATTMO.
Over a one-week horizon, Bitcoin and Avalanche are likely to also benefit from a bullish sunny sky. Ether will see tropical trading conditions with rain indicating that an imminent market correction is likely. ☔
Follow us for more crypto weather reports!
ETH Breaks Through $2000 with Blackrock's New ETH ETF!
I'm thrilled to share that Ethereum (ETH) has just shattered the $2000 mark, and the excitement doesn't end there. Blackrock, the renowned investment management firm, has recently announced the launch of their brand-new Ethereum Exchange-Traded Fund (ETF). This development is a game-changer for the crypto market and presents an incredible opportunity for all of us.
ETH's breakthrough beyond $2000 is a testament to its growing popularity and widespread adoption. With the backing of Blackrock, a giant in the financial industry, this milestone further solidifies Ethereum's position as a leading digital asset. The launch of their ETH ETF is a clear indication of the increasing institutional interest in cryptocurrencies and the immense potential they hold.
Now, you might be wondering, what does this mean for you as a trader? Well, it's time to seize the moment and consider going long on ETH! The combination of ETH's remarkable price surge and the introduction of Blackrock's ETH ETF opens up a world of possibilities. It's an ideal time to capitalize on this bullish trend and potentially reap substantial profits.
So, why should you consider long positions on ETH? Here are a few compelling reasons:
1. Institutional Confidence: With Blackrock's entry into the Ethereum market, it's evident that major financial players are recognizing the long-term value and potential of ETH. This institutional confidence can act as a catalyst for further price appreciation.
2. Market Momentum: ETH's recent breakthrough is a testament to its growing demand and market momentum. As more investors flock to Ethereum, the upward trend is likely to continue, potentially leading to even greater gains.
3. Diversification: Adding ETH to your portfolio provides diversification, reducing risk and offering exposure to a rapidly expanding asset class. With Blackrock's ETH ETF, you can now access Ethereum's potential without directly holding the underlying asset.
Now is the time to take action and make the most of this exciting opportunity. Consider long positions on ETH, keeping in mind your risk tolerance and investment strategy. As always, it's essential to conduct thorough research and consult with your financial advisor before making any investment decisions.
Remember, the crypto market is known for its volatility, so it's crucial to stay informed and adapt your strategy accordingly. Keep a close eye on market trends, news updates, and any regulatory developments that may impact the crypto space.
Wishing you a prosperous journey as you navigate the exciting world of cryptocurrencies!
Happy trading!
$ETH LONG. Bossco Algo caught every $ETH bullrun.
BINANCE:ETHUSDT long entry has been in play. Bossco Algo caught every BINANCE:ETHUSDT bullrun.
Pity that TV took down my old post since it referenced an outside URL where entries are called in real time ...
Model Architecture:
• 1,000+ hours of quantitative research.
• 1,000+ machine hours of backtesting & forward testing.
• Based on pure price action, zero bias, zero emotions (see methods tested 👇)
• Long & Short, Execution on 4H timeframe
All methods tested:
Why share?
• It's my model, so I get the model signals first. I'll already be positioned in my longs, so I don't really care if you enter or not. Hedge fund PMs literally have dinners where they talk their own book after positioning.
• Signals are on a high timeframe on liquid assets, so you should be able to get in at the same price. You can't stop hunt me, because I don't post stop losses.
I will never give away the code or the techniques selected . No one gives away proprietary quant models that actually work. Please don't ask.
I don't plan on ever making signal access paid, since I want a public record of proof that the signals are real. I make my money through trading, not scam discords or courses.
Model output is for research purposes only. Not financial advice.
ETHUSD channel up inside channel downWe can see that ETH still in channel down for almost 6 mounth,
but we also have small channel up inside this pattern, and already reach channel up support.
How to enter the market in this situation?
We can take buy position with small target at channel up resistance or maximum target at channel down resistance around 1930
If channel up break down, we can enter long position at channel down support around 1500 with maximum target around 1900 at channel down resistance
Happy trading,
I will update this analysis if I found a new pattern
Ethereum's Potential to Reach $2000 TargetEthereum has potential to reach the $2000 target. While it is important to approach such predictions with caution, there are several factors that suggest this milestone could be within reach. This idea aims to provide you with an overview of these factors and encourage you to consider a long position on Ethereum.
1. Market Momentum: Over the past few months, Ethereum has displayed remarkable resilience and has consistently demonstrated an upward trend. Despite occasional volatility, the overall market sentiment towards Ethereum remains positive. This consistent growth is a promising sign for traders who are looking to capitalize on potential long-term gains.
2. Institutional Adoption: Ethereum has gained significant traction among institutional investors, with major financial players showing a growing interest in this digital asset. The increased institutional adoption not only adds credibility to Ethereum but also paves the way for further growth and stability. This trend indicates that Ethereum's potential is being recognized by established financial institutions, which could potentially drive up its value.
3. DeFi and Smart Contracts: Ethereum's blockchain serves as the foundation for a multitude of decentralized applications (dApps) and smart contracts. The explosive growth of the decentralized finance (DeFi) sector has significantly increased the demand for Ethereum, as it remains the preferred platform for most DeFi protocols. As the DeFi space continues to expand and mature, Ethereum is likely to experience increased utility and demand, potentially driving its value higher.
Considering these factors, it is crucial to approach this potential opportunity with a cautious mindset. While Ethereum's growth has been impressive, the cryptocurrency market is inherently volatile, and past performance does not guarantee future results. It is essential to conduct thorough research, assess your risk tolerance, and consider consulting with a financial advisor before making any investment decisions.
If you are interested in exploring a long position on Ethereum, I encourage you to carefully analyze the market, monitor the latest news and developments, and consider setting stop-loss orders to mitigate potential risks. Additionally, staying updated with market trends and being prepared to adapt your strategy accordingly will be key to maximizing your chances of success.
As always, please remember that this idea is not financial advice, and you should conduct your own due diligence before making any investment decisions.
ETHLeading cryptocurrencies Bitcoin (BTC), Ethereum (ETH) and XRP are showing significant gains, according to data from CoinStats. Today, BTC was up 0.91%, trading at $35,171, with expectations of breaking the $35,612 resistance. If this level is surpassed, BTC is likely to reach $36,000 by the end of this week.
On the other hand, ETH outperformed other cryptocurrencies with a gain of 1.73% and is currently trading at $1,909. If ETH surpasses yesterday's peak, it is predicted to hit the critical $2,000 zone by mid-November.
ETH Flag Pattern: Quick Short then $2KHi Traders, Investors and Speculators of Charts📈📉
As you know, we're trading in the opening moments of a new bullish cycle. Often when quick increases happen, pullbacks and corrections are sure to follow, even during a bull market this is natural.
ETH formed a flag, and this gives the opportunity to take either a long or a short. Watch the video for a quick setup with conditions and an easy to understand explanation.
Remember, support and resistance zones are great to watch for possible long and short opportunities during brief pullbacks!
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CryptoCheck
BINANCE:ETHUSDT
ETHUSD 4H : Support further rise ETHUSD
New forecast
The price of Ethereum is fluctuating within the sideways path shown in the image, waiting for positive momentum that will contribute to pushing the price to resume the expected upward trend to stabilized above 1844 level , by breaching that level our targets will be activate ,and our next main target is at 1885 and extend to 1943.
Therefore the upward trend will be remain valid and effective and Moving average 50 continues to support the suggested bullish wave, which will remain in place unless the 1735 level is broken and holds below it.
The expect range trading for today will be between resistance line 1761 and support line 1844 until stabilized .
support line : 1761 , 1735 ,
resistance line : 1844 , 1885
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Ethereum analysis update in daily time frameThe price range of 1799-2170 has no resistance and is a completely fake price level and we will pass through it.
The main movement of the price has started from the range of 1525 towards the target and it is currently protecting the price and the whales will not be sold until the range of 2700-2900.
Ethereum is now lagging behind Bitcoin and is a better opportunity to profit from it.
We may have a temporary alt party.
Not financial advice
$SNT weekly Breakout DoneNASDAQ:SNT weekly Breakout Done
Trading cryptocurrency breakouts, especially weekly resistance breakouts, can be a profitable strategy, but it also carries a significant level of risk. Here's a step-by-step guide on how to trade a weekly resistance breakout:
1. **Understand the Basics**:
- Make sure you have a good understanding of technical analysis, as it will be a crucial tool for identifying resistance levels and confirming breakouts.
2. **Choose Your Cryptocurrency**:
- Select a cryptocurrency that you want to trade. It's best to focus on well-known coins with sufficient liquidity and trading volume, as they tend to exhibit more predictable price movements.
3. **Identify Resistance Levels**:
- Use technical analysis to identify the weekly resistance levels on the cryptocurrency's chart. These are price levels where the asset has historically struggled to move beyond.
4. **Confirm the Breakout**:
- Wait for a clear breakout above the weekly resistance level. This should ideally be accompanied by increased trading volume to confirm the strength of the breakout. Remember that false breakouts can happen, so confirmation is crucial.
5. **Set Entry and Stop-Loss Orders**:
- Determine your entry point, which should be just above the resistance level where the breakout occurred. Set a stop-loss order just below the breakout level to limit potential losses in case the trade doesn't go as planned.
6. **Risk Management**:
- Calculate your position size based on your risk tolerance. Never risk more than you can afford to lose. A common rule is not to risk more than 1-2% of your trading capital on a single trade.
7. **Take Profit Targets**:
- Consider setting multiple take-profit targets. This allows you to lock in profits as the price rises. Traders often use a combination of technical analysis and indicators to identify potential levels where the price may encounter resistance.
8. **Monitoring and Adjustments**:
- Continuously monitor the trade. If the price starts moving in your favor, consider trailing your stop-loss to lock in profits and reduce risk. If the trade goes against you, stick to your stop-loss and exit the trade.
9. **Emotional Discipline**:
- Keep your emotions in check. It's easy to get carried away with trading, especially when dealing with cryptocurrencies known for their price volatility. Stick to your trading plan and avoid impulsive decisions.
10. **Stay Informed**:
- Be aware of any news or events that could affect the cryptocurrency you're trading. Market sentiment can change rapidly based on news, regulatory developments, or market trends.
11. **Record and Analyze**:
- Keep a trading journal to record your trades, strategies, and results. This can help you learn from your successes and mistakes, improving your trading skills over time.
12. **Seek Professional Advice**:
- If you're new to trading or unsure of your skills, consider seeking advice from a financial advisor or trading mentor. They can provide guidance and help you develop a more solid trading strategy.
Remember that trading cryptocurrencies, like any other form of trading, carries risk. It's essential to do your own research, practice with a demo account if you're new, and only invest what you can afford to lose. Additionally, past performance is not indicative of future results, so always exercise caution and use good risk management practices.
EthereumPair : ETHUSD ( Ethereum / U.S Dollar )
Description :
Bearish Channel as an Corrective Pattern in Short Time Frame and Rejection from the Upper Trend Line or S / R Level. Completed " 1234 - abcd " Impulsive Waves at Fibonacci Level - 38.20%
Entry Precaution :
Wait until it Rejects or Breaks the UTL
False breakout in ETH? Time to analyzeDear traders, Ethereum broke out of the 1750 resistance level on
24 October. However, we are seeing the absence of a follow-through
here.
If you notice the last few daily candlesticks, you can see some long wicks
at the top of each candlestick. This indicates that we might have had
a false breakout. If ETH falls back below 1750, expect another drop
to 1540 soon.