Short Analysis on ETHFI: Bullish Momentum AheadBuy ETHFI Target: 8
The technical analysis indicates a bullish outlook for ETHFI, suggesting a potential rise to the target price of 8.
it is advisable to consider buying ETHFI at current levels, aiming for the target price of 8. Always remember to set appropriate stop-loss orders to manage risk effectively.
Feel free to adjust the analysis according to the latest market conditions and your trading strategy.
Ethusdanalysis
Ethereum 15k+- i am far to be Elliot Wave expert and to be honest i am not a fan.
- there's a lack of precision and EW can be extended.
- Don't forget that the real name is " Elliot Wave THEORY ".
- included a Fibo Analysis + Trend Analysis + famous bubbles.
"The Elliott Wave Theory is a form of technical analysis that looks for recurrent long-term price patterns related to persistent changes in investor sentiment and psychology. The theory identifies impulse waves that set up a pattern and corrective waves that oppose the larger trend ".
- Everything is in graphic as always.
Happy Trading !
ETHUSD Bearish Robbery Plan To make and take moneyMy Dear Robbers / Traders,
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Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic resistance level, Once it is cleared we can continue our heist plan to next target.
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Ethereum- Buy on confirmationAfter reaching its peak at 4000 on March 11th, COINBASE:ETHUSD began to correct lower towards the 3000 zone, which is the next important level.
Despite bearish attempts to push the price below this level over the past trading month, they have failed each time.
The decline from the recent peak at 4000 is also confined within a falling wedge pattern, which typically indicates a reversal to the upside.
This scenario becomes more plausible with a break above the confluence resistance ranging from 3200 to 3250.
In such an instance, we could anticipate the upward momentum to persist, potentially leading the price to retest the 4000 zone once again.
ETHUSD Investment Plan - 05/May/2024Hello Traders,
Hope you all are doing good!!
I expect ETHUSD to go Up after completing this correction.
Look for your BUY setups around the marked zone.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
ETH. Levels for intraday trading for the weekend 27-28.04.2024During the day you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation.
If you expect any medium-term price movements, then most likely they will start from one of the zones.Relevant to use as a location for installing TP.
Levels are valid throughout the day, the date is in the title. The next morning I adjust the levels based on current data and publish a new post.
The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :)
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Levels are drawn before the European session, based on volumes and data from the CME. They are used as zones of interest for intraday trading. When approaching a level, a “reaction” is expected, which can be traded for both a rebound and a breakout. The worst option is if we revolve around the level in a flat.
Do not reverse the market at every level. If there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern.
TV does not allow publishing timeframes smaller than M15.Reactions to levels and the search for entry points are more convenient to look at M5-M1.
Don’t forget to like Rocket and Subscribe!!!
ETHUSD BUY MORE FROM BUYING ZONE !!HELLO TRADERS!!
ETHUSD now trading above the strong support zone and it has already tested it can move easily till 3000$ if it hold the support zone its is trading in a bullish trend and we can say it will continue till design levels this week FOMC meeting also coming the decision of US interest rates can create a volatility in the markets our risk reward ratio is great in this trading idea do a proper analysis before any trade share your thoughts with us it help traders community STAY TUNED ! for more updates
BUY MORE ETH FROM ZONEHELLO FRIENDS
as I can see ETHUSD now created a double top and tested a resistance
but the Bull Run is just beginning we will soon hit all time high after a little retracement till broken descending channel Friends it's just a trade idea shares your thought with us ...
Stay tuned for more updates.
ETHUSD WILL RETRACE MORE !!!HELLO FIRENDS
As i can see ETHUSD is now trading in down trend for looking a strong support zone to make a new higher high so we are expecting this Fib retracement to the 0.61 level is possible and can be a easy target so do not miss the train from selling zone area its overbought now and should be go to given levels its just a trade idea share ur thoughts with us
Stay tuned for more updates
Ethereum: Let's GoWe are filled on Ethereum. We expect this wave 4 either to end here or secondarly it could be the first leg of the wave 4 correction, the wave (a). Either way we expect Ethereum to rise in the coming days to either complete the wave 5 or wave (b). We will update you accordingly on the developments of Ethereum.
ETHUSDT.4HLet's dive into the technical analysis of this Ethereum (ETH) chart against Tether (USDT) on the Binance exchange, speaking as if I'm the trader analyzing this chart.
We're looking at a 4-hour time frame which provides a good balance between detail and broader trend analysis. The chart is quite colorful with several technical indicators applied, including the Ichimoku Cloud, pivot points, and classic technical analysis patterns.
Immediately, I see that Ethereum's price has been in a downtrend, marked by lower highs and lower lows, which suggests a bearish bias. The chart also presents a descending triangle pattern, typically considered a bearish continuation pattern, indicating that the price may continue to fall if it breaks below the triangle's base.
The Ichimoku Cloud here is quite spread out, and the price is below the cloud, which in Ichimoku analysis, suggests a bearish market. The Base Line (Kijun-sen) is above the Conversion Line (Tenkan-sen), reinforcing this bearish sentiment. However, the price seems to be attempting to break through the cloud from below, which could signal a potential trend reversal if successful.
Looking at the pivot point indicator, it provides key levels of support (S1, S2) and resistance (R1, R2). The current price is below R1, indicating that R1 is acting as a resistance level. If the price were to reverse and go upwards, R1 and R2 would be the levels to watch for potential sell-offs.
The Relative Strength Index (RSI) is around 38.52, which is near the oversold territory but not quite there yet. This could suggest that there might still be some room for downward movement before buyers step in.
The Moving Average Convergence Divergence (MACD) is below the signal line and the histogram is negative, which is another indicator supporting the bearish momentum.
In summary, the overall sentiment from this chart is bearish. The descending triangle pattern, price position relative to the Ichimoku Cloud, and the RSI all suggest that Ethereum could see more downside. If I were considering a position, I'd look for the potential breakout direction from the triangle pattern, keeping a close eye on the Ichimoku Cloud for any signs of a reversal. A downward breakout would have me watching the S1 and S2 levels for potential entries, while an upward breakout above the cloud could shift the bias to bullish, and I'd look towards R1 and R2 as targets. As with any trade, confirming these signals with high volume and waiting for a confirmed breakout would be key to avoid false signals.
ETH ❗️ Down Hello, Ethereum continues its decline as well! 📉 You can find short-term perspective levels on the chart!❗️
Also, take a look at the daily chart. Honestly, it's not very optimistic. I don't want to scare anyone, but if we fall below $3,000, we can expect a more significant correction!🤷🏽♀️
What do You say? 🧐How deep Ethereum can fall? Share Your thoughts with me in the comments.
Always sincerely yours, Kateryna💙💛
My analysis from yesterday went unnoticed, so don't hesitate, hit the 🚀 let more people see it!
ETHUSD Return to $4000: Setting the Stage for Continued GrowthIn the Ethereum market, identifying crucial buying zones and investor order block areas is fundamental for anticipating significant price movements. Within this context, the primary buying zone and investor order block for whales are identified within the range of 3250 to 3330 for Ethereum. This range serves as a magnet for institutional investors and large traders, commonly known as whales, who strategically accumulate Ethereum at favorable price levels.
The significance of the 3250 to 3330 range lies in its historical role as a strong support area, where buying pressure typically intensifies. Institutional investors recognize this range as an opportunity to accumulate Ethereum at a perceived discount, leveraging their substantial capital to establish sizable positions. Additionally, this range often coincides with key technical levels or psychological price points, further reinforcing its significance as a buying zone.
Moreover, the presence of investor order blocks within this range underscores its importance as a strategic accumulation area. Investor order blocks represent clusters of buy orders placed by institutional investors, indicating their collective interest in accumulating Ethereum at specific price levels. These order blocks serve as formidable support zones, absorbing selling pressure and providing a foundation for potential price rallies.
Looking ahead, the target for Ethereum's price movement beyond this buying zone is projected at a gain of 25.5%, equivalent to approximately 80 pips. This target represents a significant upside potential from the lower end of the buying zone, indicating the possibility of substantial growth in Ethereum's value. Achieving this target would likely require a strong bullish momentum fueled by increasing demand and positive market sentiment.
In summary, the range of 3250 to 3330 emerges as a critical buying zone and investor order block for Ethereum, attracting institutional investors and whales seeking to accumulate significant positions. The establishment of this range as a strong support area, coupled with the anticipation of substantial growth targets, sets the stage for further upside potential in Ethereum's price trajectory. Traders and investors keen on capitalizing on Ethereum's potential growth should closely monitor price action within this range and assess market dynamics to make informed trading decisions.