ETHUSD / Long Trade Active ✅💡Hello Traders!
This is my idea for ETHUSD. I expect a bullish breakout as the price liquidates the old lows.
My expectation is to see the price to close the FVG and also to set a new PWH as we are in a bullish trend.
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Ethusdlong
📈ETHUSDT is going to $4000 level / Ethereum analysis📉BINANCE:ETHUSDT
COINBASE:ETHUSD
Hello Traders,
As long as Ethereum is above $3,587, it will continue its upward path until returning to $4,000.
The bullish scenario will be canceled when Ethereum returns below the $3,587 level and stabilizes below the VAL zone.
📈Quick Ethereum Long Setup / 49Min (Updates soon)📉BINANCE:ETHUSDT
COINBASE:ETHUSD
Hello traders.
Ethereum has a bullish guard above the current support.
Volume management and a risk-free strategy are very important in this setup.
Bollinger band midline movement can help you manage your risk.
The divergence of the indicators is shown in the chart.
#ETH WEEKLY TIME-FRAME UPDATE!CRYPTOCAP:ETH #Ethereum Weekly Chart Update:
ETH faced rejection from the $4k resistance on the weekly timeframe, and It has reached a low of $3k and has bounced back to around $3400.
The support level is at $3550, currently it treading below this support but if the weekly candle closes above this level, it can be considered a good sign.
However, if the weekly candle closes below this level, it can trigger concerns, leading to a potential drop to around $2600, in my opinion. It's important to note that whenever ETH has failed to surpass the $4k resistance level, it has experienced significant downturns in the past. For instance, in May 2021, ETH faced a rejection of nearly 60%, and in September 2021, it had a 32% drop.
To determine if history will repeat itself, ETH needs to maintain the $3550 support level on the weekly chart.
So keep an eye on the weekly candle close.
#DYOR #NFA
ETHUSD CAN BUYERS HOLD THIS LOW??Price has retraced lower of the past few days and we now see price getting into an interesting zone for the buyers.
Price action around 3524.45 - 3375.80 will be very important as a break below this zone on the higher timeframe could shift the short term bias towards bearish trend.
In the scenario of breaks lower we could look at levels around 2904 for possible retest of the zone.
#ETHUSDT: Looking for a continuous bullish move up until $4500.BINANCE:ETHUSDT Price had left strong wick rejection and has show some strong bullish behaviour since last two days. We expecting ETH to hit a new record high which would be between $4500-$5000 which will be our final target before ETH make any major correction, use accurate risk management.
There are two scenarios that can happen with ETH, if price decide to make any major correction before hitting 4500$ then the idea will be invalidated and we will update you all. Take this idea as secondary bias and always protect your capital.
good luck and trade safe.
Ethereum - Two ScenariosHello Traders, welcome to today's analysis of Ethereum.
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Explanation of my video analysis:
After the expected break and retest on Ethereum in 2022 we already saw a quite nice continuation towards the upside. Right now Ethereum is approaching the previous all time highs and there might be the possibility that we will see a short term retracement. On the other side though, Ethereum could just follow Bitcoin's price action and break above the previous highs.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
ETHUSD LONG Sitting on Demand Zone Fib TargetsOn this 15 minute chart from the candlesticks, supply and demand zones are tool drawn.
The resistance trendline and flat bottom form a triangle pattern. The Fibonnaci retracement
tool is used to find likely targets which are also pivots to the left. The dual TF RSI indicator
by Chris Moody shows both the faster 5 min and the slower 60 min rising over the 50 level with
the faster higher than the slower. The times straddle the chart time. Based on all of this
I will trade a swing trade long on forex with leverage set at 20. Partials taken 25% at each
target to minimize risk. Stop loss initially 40 ( the height of the green demand zone) then
raised by 22 every time price moves by 20. Expecting 60% profit overall in consideration
of a tiered closure and the leverage for a trade of 10-20 days depending on the trend angle
moving forward.
ETHUSD BUYING FOR A NEW ATH HIGHER!!!HELLO FRIENDS
As I can see ETHUSD just tested a strong resistance level near 4K$ and now we expected more upside moves in coming days we are buying more Ethereum from buying zone till that level now we enter for sell from last HIGH Friends as all of knows it's just the begging of BULL run many new billionaires are joining the crypto not only peoples governments are involve in it now and as we all had saw a big move to ATH on BTC is indicating that more greed is coming after this halving
friends it's just a trade idea on the base of technical and fundamental view kindly share Ur thoughts with us it helps many other traders.
Stay Tuned!!!
for more updates
ETHUSDT: Next Big Swing Buying Opportunity! Price has been extreme bullish since last month, suggesting price to keep strong bullish momentum in upcoming days and month. March is known to be bullish month where many speculated ETH going to hit $5000 mark by end of the march. We think price will do minor correction towards $3100 to $2800 marked area region where price can bounce sharply towards $5000 target area.
Like and comment if you like our work!
ETHEREUM - IF BITCOIN FALLS, ETHEREUM WILL FOLLOW (TARGET $1900)As you might have noticed, the crypto market isn't doing so well (depending on which side of the table you're on) and the continuation of the correction is imminent. I've recently posted a Bitcoin analysis and I thought it would bring some value to do the same on ETH.
Here is my view on things:
What is on the chart? (Follow the steps)
1) November 2023 is illustrated by a large breakout structure that gave place to the continuation of the rally.
2) Following the breakout, a range was formed mirroring BTC. This range had everyone on their toes, impatient for a huge price swing upwards. This obviously never happened.
3) The manipulative false break. I'd like to put an accent on the Power of 3 . It is essential price action theory that is elegant in its simplicity and accurate in its delivery. Step 2, 3 and 6 (spoiler alert lol) represent the 3 components of the Power of 3: accumulation, manipulation and distribution (respectively).
4) Some Ichimoku Kinko Hyo technicals to spice things up. We have a break of the daily Kijun and Tenkan + a crossover of the Kijun/Tenkan + a Kumo twist + a break and RETEST of the weekly Tenkan + the daily Chickou Span below past price. How many bearish signals/confirmations do you need!? I think that's enough.
5) Key breaking point (obviously what matters is Bitcoin, if BTC doesn't break, ETH won't either). I expect price to enter the daily FVG and then tumble. Again if BTC tumbles now then ETH might not even touch the FVG. I'd also like to mention a chart pattern that will satisfy the retail sphere since everyone likes patterns, right? ASCENDING BROADENING WEGDE or RISING WIDENING WEDGE or whatever else people call it nowadays. This is a bearish structure regardless of its name.
6) EQUILIBRIUM . Fancy way of saying the 0.5 level of the range. This is the entrance to discounted prices which is what we're looking for with any major correction.
7) The 0.702 level + a daily bullish order block which will also mean the sellside liquidity is taken out. All reversal conditions that characterise a bottom.
As always, I hope you enjoyed this analysis and that money will fall from the sky. Have a great day and happy trading!! ;)
ETH Getting close to key levelRed box is the key level for ETH. It's a huge resistance on H4 tf, and we can see a possible fakout before retracing till actuals lows. In case ETH will be strong enough to break above the resistance zone, it could jump and enter the green zone, where i expect a touch of the main trendline
ETH Key Probabilistic Levels for 2024-25 Date: January 12, 2024
Overview:
Ethereum (ETH) has displayed a strong bullish trend against the USD, as identified within a pitchfork channel on a daily timeframe. The key support and resistance levels, derived from pivot points, along with the Z-Score Probability Indicator, provide a comprehensive view of ETH's potential future movements.
Channel Analysis:
The price is currently trading within the channel, indicating a bullish bias in the market.
The upper boundary of the channel may act as a resistance level. Any approach towards this boundary should be monitored for potential sell-offs or reversals.
Key Probabilistic & Historic Levels:
Key Historic Level: The price has recently tested and exceeded a key historic pivot level at $2,328.72, which may now act as a support level.
Conditional Probable Boundaries: The next probable resistance levels are at $4,010.00 (Boundary 3), $4,793.00 (Boundary 4), and $5,575.00 (Boundary 5). These levels are critical as they can serve as potential targets for the price if the bullish momentum continues.
Support Levels:
There are several key support/test levels identified which may serve as areas of interest for buying opportunities or for placing stop-loss orders. These are at $2,129.24 and lower down at $1,774.41 and $1,644.15, which are crucial in maintaining the bullish structure.
Z-Score Probability Indicator:
The Z-Score is currently indicating a high score of 3.11, which could be perceived as the market being overextended above its mean. This suggests a potential retracement or consolidation might be imminent.
It is also important to note the Z-Score's mean line (the white line on the chart), which seems to be acting as a dynamic level of support and resistance. The price has oscillated around this line, indicating its significance in identifying momentum shifts.
Market Context:
Ethereum's performance must be evaluated in the context of broader market conditions, including the overall sentiment in the cryptocurrency market, developments in the DeFi sector, and Ethereum network upgrades or changes.
The relationship between ETH and BTC performance should also be considered, as divergences can offer insights into relative strength and potential altcoin season indications.
Potential Strategy:
Bullish Scenario: A trader could consider taking long positions on pullbacks to any of the key support levels , especially if the price action suggests a bounce off these levels.
Bearish Scenario: On the other hand, if the price breaks below the pivot support levels, it may indicate a deeper retracement, and short positions could be considered.
Risk Management:
Given the current Z-Score reading, traders should be cautious of potential volatility and set stop-losses accordingly.
The channel's boundaries should be used as a guide for potential take-profit levels or to tighten stop-losses as the price approaches these lines.
Conclusion:
ETH/USD is currently exhibiting strength within a bullish channel.
Being Bullish on Ethereum, the smarter choice would be to play the sector betas of Ethereum. You can check out other coins like BLUR, DYDX from my analysis.
On a different perspective, Alt L1, Solana could outperform ETH on this cycle. Analysis on SOL can also be found in my profile
The recent break above a pivot point suggests that bullish momentum may continue, with conditional probable boundaries serving as the next target areas. However, the Z-Score indicates that the market could be nearing an overbought state, warranting a cautious approach.
This analysis is for informational purposes only and does not constitute investment advice. Always conduct your own research and consult with a financial advisor before making investment decisions.
Ethereum Forecast: Navigating Market VolatilityAnticipating an upward trajectory towards $2,500 to $2,750, caution remains key amidst the cryptocurrency market's inherent volatility. Each downturn appears as a potential buying window, yet prudence in position sizing is advised. Institutional maneuvers and U.S. interest rate fluctuations may impact Ethereum. While declining rates could enhance crypto appeal, be prepared for the market's characteristic volatility amid potential buying opportunities during dips.
ETHUSD prepared for $2300!Ethereum ended its 5-wave Elliott wave in Nov-Dec 2022, and since then has started an uptrend.
Considering the indicators in lower timeframes, it's the beginning of the 3rd impulse wave (1D) targeting $2300, but that wouldn't be the end of the 3rd wave.
It's also slightly possible the price quickly touches the $1650 level first and bounces back.
#ETH is about to make a massive 20% move!ETH is poised to make a move to $2700, representing almost a 21% increase from the current market price (CMP). The breakout from the wedge is clean, and there's a perfect retest happening as we speak. This anticipated movement is expected to trigger significant gains in other altcoins. Some of our gem coins have already started moving, with a few experiencing gains ranging from 50% to 100%!
For those interested in futures trading, you can use this chart with the right stop-loss (SL) in place.
Trade Details:
Entry Range: $2166 to $2255
Target Levels: $2377, $2433, $2544, $2634, $2712
Stop Loss: $2098
It's crucial to use a stop loss, especially in the current high market conditions. Failing to do so might result in giving back hard-earned gains to the market.
Cheers!
If you're interested in more updates, feel free to hit the like button and share your views in the comment section.
Thank you.
#PEACE
*Note: This information is not financial advice. Please conduct your research.*
ETHUSD H4, Looking for a LONG ✅Hello Traders!
This is my perspective related to ETHUSD H4. I see a retracement until approximately 2050, where we have an OB and also, an important resistance level at 2075.
After the manipulation, I will search for a convenient LONG TRADE entry at approximately 2100 level.
Follow, like, and comment to see the daily/weekly content:
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#ETHUSDT: Next target 2800$ Happy Weekends Everyone,
BINANCE:ETHUSDT we have got two scenarios with this crypto pair first one is where price continue the bullish trend up to $2800 and the second scenario where we expect price to drop around $2100 region where we can price yet to fill the liquidity void area. However, looking at the current market sentiment we do not think that price can drop to that area as sellers volume is very low at the moment.
Good luck and trade safe ;)
ETHUSDT Ascending Triangle Pattern!!ETHUSDT (1h Chart) Technical analysis
ETHUSDT (1h Chart) Currently trading at $1973
Buy level: Above $1970
Stop loss: Below $1941
TP1: $1990
TP2: $2030
TP3: $2075
TP4: $2140
Max Leverage 10x
Always keep Stop loss
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