$ETH is ready to move to the upside.CRYPTOCAP:ETH has been in a consolidation phase since December 16. This period was accompanied by a bearish divergence that appears to have played out. Now, CRYPTOCAP:ETH seems poised to pump again on the daily timeframe.
The correction was moderate, with a decline of -21%.
Several resistance and support levels are marked with my green lines. My refill box at $2900 was not reached, but the bottom at $3100 was successfully touched.
It looks like it's time to long $ETH. Resistance levels are at $3700, $3800, and $4000 on the way up.
Let’s see how it performs.
DYOR!
ETHUSDC
Ethereum: I expect it to reach $1,800-$2,243.Current situation with Ethereum: I expect it to reach $1,800-$2,243 based on Coinbase data.
Not going into too much detail, but in short: the stock market will drop, and Bitcoin and Ethereum will follow.
➖ Please avoid using leverage—the market is highly volatile right now.
Falling old year and rising in the new year!Ethereum will start to move in the same vein as Bitcoin , as I wrote earlier. It will manage to unload RSI, come to the key level again and push back from it. I have also published the global chart for Ethereum, there are no changes there.
Horban Brothers.
ETH cant withstand USDT.d hard bottomFirst of all we had a good run up for a coin who called dead.
Remember we have been in the 2250 - 2500!! From the lows its a rough 75% up.
ETH couldnt propell up like other coins did, e.g. XLM 5 fold XRP the same...
But now we are here at the big support of USDT.d
Expect hard drops, like no one can imagine at that time.
I painted some arrows with the next Fibonacci but it could also be 1 Fibo line below for each arrow to start and stop.
Only future will tell.
Trade safe and stay in spot market as it brings constant gains over long time.
Forget leverage you will be wiped out of market as i experienced lev trading from 2016-19.
After i stopped that gamble i had profits in my hand and bank account :)
ETHUSDT New ATH Incoming?ETHUSDT Techncial analsysis update
BINANCE:ETHUSDT price has broken the trend resistance line on the daily chart. The price has already surpassed the previous resistance zone at $3,500 and successfully completed a retest. An increase in volume near the resistance level is evident. If the daily candle closes above the resistance line, a strong bullish move can be anticipated, potentially leading to a new all-time high
Buy zone : Below $3740
Stop loss : $3480
Take Profit 1: $3950
Take Profit 2: $4275
Take Profit 3: $4860
Ethereum Set to Skyrocket!ETHUSDT Technical analysis update
ETH has been trading inside the triangle for the last 4 years, The price is now moving toward the triangle resistance, signaling a potential breakout. Once the price breaks above the triangle resistance, we can expect a huge bullish move in the coming months, with the price potentially reaching the $8,000–$10,000 level during this bull run.
CRYPTOCAP:ETH BINANCE:ETHUSDT BITSTAMP:ETHUSD BINANCE:ETHBTC
Suspicions of an Ethereum correction.Hello everyone. I suspect that Ethereum might correct to the $2,800-$3,000 range. The drop could be around ±20%.
Market makers might want to execute one last shakeout of long traders before initiating alt season and a bullish run. Don't forget about projects like Hamster Kombat, which could bring 100-200 million people to crypto exchanges (rumor has it the token listing has been postponed to August 18, 2024).
#eth #ethereum
Ethereum (ETH)After huge pumps in crypto market we will have a little correction
Ethereum price today is $1.6k with a 24-hour trading volume of 14.4 billion dollars
on June we had a crazy Volume for eth and whales buys the dip which is a very good sign for eth price in future
Eth under 1k is a most buy and 1k-2k is a dip for eth, as you can see in weekly time frame eth trys to make a W pattern an bulls try to back at 1900$
2000, 2500, 3500 and 4500$ are the most important resistance for Eth and huge opportunity for scalper traders
The decline of Ethereum is not yet complete.Many are already disappointed by the recent sharp drop in cryptocurrencies. The decline is not yet over! Even before all the drops, I showed orders on Coinbase around $1,800.
The targets for Ethereum are $1,800-$2,150, from where it makes sense to look for entry points to buy Ethereum, Optimism, Arbitrum, Starknet, zkSync, and other altcoins. I think the sideways accumulation might last about a month.
Thoughts on the film:
🎬 Ethereum — On July 23, the trailer for the documentary "Vitalik: An Ethereum Story" about Vitalik Buterin will be released.
The film has been in the works for over 3 years. The theatrical release is scheduled for fall 2024, and the biography will appear on streaming platforms in winter.
➖ It's fascinating how everything is unfolding: the final decision on the Ethereum ETF for BlackRock is on August 7, the documentary about Vitalik Buterin is coming out 🤠🤠🤠, and all major projects are postponing their listings to October 2024.
➖ It seems that the big exchanges and market makers have given the signal that it's too early to list; first, they need to pump the market up.
➖ Expect further cryptocurrency declines in July, and start looking for entry points into Ethereum at prices between $1,800-$2,150. During the same period, look for entry points into Ethereum's L2 solutions, namely Arbitrum, Optimism, Starknet, and zkSync.
#ethereum #arbitrum #optimism #starknet #zksync
ETH LONG TERM IDEAHello,
We have exciting news and insights to share with you! With the potential approval of the Ethereum Spot ETF, we foresee significant movements in Ethereum’s price over the long term. Our detailed analysis and forecast are illustrated in the attached chart, providing you with a clear vision of what might be ahead.
Ethereum Long-Term Price Outlook
Current Situation:
As of now, Ethereum is trading around the $3,900 mark. The market has shown resilience, and with the anticipation of the Ethereum Spot ETF approval, we expect significant bullish momentum.
Key Levels to Watch:
Based on our analysis, here are the critical price levels to keep an eye on:
• $4,396.48: This is our first major resistance level. Breaking through this could set the stage for further upward movement.
• $4,819.93: The next resistance level, which could be a crucial point for Ethereum’s medium-term growth.
• $5,374.45: Breaking past this level could signify strong bullish sentiment, potentially driving prices even higher.
• $6,070.12: This level represents a significant milestone, indicating a strong upward trend.
• $6,443.16: Our long-term target, which we believe Ethereum could reach following the positive momentum from the ETF approval.
Technical Insights:
The attached chart shows Ethereum’s price action and key resistance levels. The descending trendline that Ethereum has been facing is a critical barrier. Breaking through this trendline with strong volume and support from the ETF news could propel Ethereum to new heights.
Why This Matters:
1. Institutional Adoption: The approval of the Ethereum Spot ETF would signal increased institutional interest and confidence in Ethereum, likely driving more investment and adoption.
2. Market Sentiment: A positive decision from the SEC can boost overall market sentiment, not just for Ethereum but for the entire crypto market.
3. Long-Term Growth: With increased institutional participation, we could see sustained growth and stability in Ethereum’s price, making it a valuable addition to any investment portfolio.
We recommend keeping a close watch on the market and these key levels. As always, our team at CryptoSignalAPP is here to provide you with the latest insights and updates to help you navigate the crypto market effectively.
Stay ahead of the curve and make informed decisions with CryptoSignalAPP!
Best regards
The End Of Ethereum. Not possible to hold.ETH/BTC pair has failed to hold line gain strength, this points to a giant loss of ETH in BTC terms and everything on Ethereum.
With Solana out to send stable coins cheaply, the SEC declaring ETH a security, ETH will likely never got a Spot ETF thus never catching up to BTC's Spot ETF Inflows.
This is where Staked Ethereum takes a loss they never thought possible.
Ethereum potential -85% vs BTC price (Triangle has broken) 8 YRS
I still watch this pair every day even though I dislike the entire Ethereum ecosystem.
But we have seen the triangle pattern wick down indicating strength is dropping by too much from the BTC price flows, this pattern has been forming since 2016 that is 8 years!.
And please not this is before the Spot ETF flows has commenced, I don't really see a way Ethereum can recover from this if it starts to accelerate.
There's no easy way to safely short the ETH/BTC and again there's more profit on the Bitcoin long side that inherently will decay the ETH/BTC pair.
And also I still know the Ethereum community is as fragile as francium-223 meaning it won't take much for the Ethereum experts to capitulate back into Bitcoin.
A Word Of Caution For Ethereum ETH/BTC
Great spot for a very small speculation entry.
Normally when price consolidates like this it is a balance between the demand / supply in the open market, problem is once it sways to one direction it will be violent.
I still see the possibility that BTC hitting a supply shock to over $140,000 will destroy this pair harder than what happen with LTC/BTC.
(note) Ethereum can still rise in price during this but if you don't price it in BTC you can't navigate if the value gain is flowing in from the top of the market or bottom.
I wish this chart would do something. . . .
Most of the volume from ETH is getting sucked into Solana because it does work faster, this has always been the problem with ETH for me is that it can easily be replaced, people want fast stable coin transfers regardless of the blockchain.
But in the future if someone provides something better than Solana for USDT / USDC transfers, SOL again will be the victim of this trend.
LTC early on for those who don't know was used as a proxy to transfer value exchange to exchange to trade BTC IMO it was the stable coin of the early days.
⚠️Ethereum(ETH) will Go Down at least ➖40%⚠️👋Hi, everyone. I hope you have a great weekend.🥳
📈Today, I am going to analyze Ethereum(ETH) for you; since more than 80% of the Tokens in the cryptocurrency market are on the Ethereum network , I hope this analysis will give you a good insight into investing in Ethereum(ETH)and other tokens .
✅Ethereum(ETH) reacts well to the 🔴 Heavy Resistance zone($2,520-$1,880) 🔴 and has taken a downward trend again in recent weeks .
☠️One of the reasons for the fall of Ethereum(ETH), in addition to hitting a 🔴 Heavy Resistance zone($2,520-$1,880) 🔴, is the DeathCross Signal .
📚☠️ Death Cross Signal ☠️: The death cross appears on a chart when an asset's short-term Moving Average(MA), usually the 50-day , crosses below its long-term moving average, usually the 200-day .
💡Also, if you look carefully at my chart, the Pitchfork lines also have a good effect on Ethereum(ETH), although in order not to make the chart busy, I refrained from drawing all the lines.
🌊According to the theory of Elliott waves , Ethereum(ETH) seems to be in a Super Cycle so that the main wave 3 ended at $4,868 and Ethereum(ETH) is currently completing the main corrective wave 4 .
🌊Considering that first microwave of the main wave 4 has 3 waves , it is a bit difficult to recognize the correction structure of the main wave 4, but most likely it will be a correction structure of the Double Three Correction(WXY) type.
🌊It seems that Ethereum(ETH) has completed microwave X of the main wave 4 in the 🔴 Heavy Resistance zone($2,520-$1,880) 🔴, which can be one of the signs of the ☠️ Death Cross Signal ☠️.
Now, before concluding, let's take a look at the ETHBTC chart analysis, which gives us a good idea that if the cryptocurrency market falls or rises, Ethereum(ETH) will rise or fall more or less than Bitcoin(BTC)(About 4 months ago, I shared with you the analysis of ETHBTC which is running well✅).👇
💡The chart above👆 shows that it is likely that Ethereum(ETH) will start to rise again after entering the 🟢 Heavy Support zone(0.057 BTC-0.049 BTC) 🟢 and 🟡 Price Reversal Zone(PRZ) 🟡 will be less affected if Bitcoin(BTC) falls.
🔔As a result, I expect that the Ethereum(ETH), as I explained to you, will have a downward trend( ➖40% ) in the next 3-4 months and will begin to rise again, at least to the 🔴 Heavy Resistance zone($2,520-$1,880) 🔴 as it approaches the 🟢 Heavy Support zone($1,060-$744)🟢 , Support line and Pitchfork lines .
🔔So it's better to invest in Tokens that are on the Ethereum network and wait for Ethereum(ETH) to at least enter the 🟢 Heavy Support zone($1,060-$744)🟢 , maybe Altseason will start from this zone.
🙏In the end, I have to apologize for the fact that the chart is busy, but in my opinion, all the lines and indicators were needed for your better understanding of the analysis, and I also hope that this analysis has an 📚 educational 📚 aspect for you.
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I would be happy to share your opinion about Ethereum(ETH) for the mid and even long-term below this post.
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Ethereum Analyze (ETHUSDT), Weekly time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.