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ETHUSDT

The start of a new wave: 2630.0-2772.42 Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- The support and resistance points are likely to have changed due to changes in the indicator formula. Please note this. ------------------------------------------ Fibonacci-related chart tools are used for chart analysis. Therefore, you should be aware that the support and resistance points drawn using the arrangement of candles on the 1M, 1W, and 1D charts are different. - (ETHUSDT 12M chart) ETH is one of the coins expected to show a larger increase than BTC. Therefore, I think it is a coin that is worth investing in long term along with BTC. The most important volume profile section on the 12M chart is 736.42. - (1M chart) The HA-High indicator on the 1M chart is formed at 3321.30. Therefore, in order for a full-fledged uptrend to begin, the price must be maintained above the HA-High indicator on the 1M chart. The current point of interest is whether it can be supported and rise near the MS-Signal indicator. If the MS-Signal indicator falls, 1st: 2159.0 2nd: 1.585.33 We need to check whether there is support near the 1st and 2nd above. - (1W chart) Since there are many lines, it can be dizzying, so I marked important support and resistance zones with circles. Therefore, you can create chart analysis or trading strategies centered on the zones marked with circles. The current 2630.0-2772.42 zone is supported, and the key is whether it can rise above 3014.05. - (1D chart) I think you can see if the current zone, that is, the 2630.0-2772.42 zone, is an important support and resistance zone. Therefore, the key is whether it can rise above the current zone. However, since the current StochRSI indicator is located near the highest point (100) of the overbought zone, the pressure for a decline will increase over time. Therefore, the point to watch is how the StochRSI indicator is initialized. In other words, when the StochRSI indicator falls from the overbought zone to the oversold zone or rises from the oversold zone to the overbought zone, it is called initialization. If the price is maintained around 2630.0-2772.42 when initialization is performed like this, it is expected to create a new rising wave. To do so, it is possible that it will rise to around 3014.04 and then fall, or fall below 2630.0-2772.42 and then rise again. Of course, it can move sideways like this. In any case, the price position is an important key point when the StochRSI indicator is initialized. - Since the M-Signal indicator of the 1W, 1M chart is passing through the 2630.0-2772.42 section, it is expected that a new rising wave will be created if the M-Signal indicator of the 1D chart rises above the 2630.0-2772.42 section. Therefore, I think it is highly likely that it will be the last buying section before the new wave starts. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale uptrend will start when it rises above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
1
Diversify Your Crypto InvestmentsCryptocurrency markets are known for their volatility, where prices can rise and fall dramatically within a short period. To manage the risks and capitalize on potential gains, diversifying your cryptocurrency portfolio is crucial. Just as in traditional investing, spreading your investments across different crypto assets helps reduce exposure to extreme price movements in any single asset and ensures you can benefit from the growth of various sectors within the market. In this idea, we’ll explore the concept of crypto diversification, the importance of spreading risk, and a recommended percentage allocation for building a balanced portfolio across Bitcoin, Ethereum, altcoins, and meme coins. Why Crypto Diversification Matters Risk Management: Cryptocurrencies are notoriously volatile. By diversifying, you reduce the risk of one asset dramatically impacting your portfolio. If one cryptocurrency underperforms or crashes, others might perform well enough to offset potential losses. Exposure to Different Technologies: The cryptocurrency space is vast, with Bitcoin leading as a store of value, Ethereum as a smart contract platform, and altcoins offering innovations in areas like decentralized finance (DeFi), NFTs, and blockchain scalability. Diversification allows you to participate in the growth of these different technologies. Hedge Against Market Swings: Different cryptocurrencies may react to market conditions in various ways. For example, during market corrections, Bitcoin and Ethereum might drop less sharply than smaller altcoins or meme coins. A diversified portfolio allows you to hedge against such market swings. Suggested Crypto Portfolio Diversification When it comes to diversifying your crypto portfolio, a strategic approach can help you balance between established coins, emerging altcoins, and more speculative assets. Here’s an example of a diversified crypto portfolio with percentage allocations: 1. 50% Bitcoin (BTC) Bitcoin is often referred to as "digital gold" and is considered the most stable and established cryptocurrency. As the largest cryptocurrency by market capitalization, it has the least volatility compared to altcoins and meme coins. A 50% allocation to Bitcoin provides a solid foundation for your portfolio, acting as a safer hedge in the volatile world of crypto. 2. 20% Ethereum (ETH) Ethereum is the second-largest cryptocurrency and the leading platform for decentralized applications (dApps), smart contracts, and DeFi protocols. With its growing ecosystem and the shift to Ethereum 2.0 (which promises greater scalability), Ethereum offers significant growth potential while maintaining more stability than smaller altcoins. A 20% allocation in Ethereum allows you to participate in the innovation and expansion of decentralized finance and other blockchain applications. 3. 25% Altcoins: Altcoins are any cryptocurrencies other than Bitcoin, many of which offer unique technological innovations. For this part of the portfolio, you could include assets such as SOL, FET, INJ, UNI, LINK, etc. Allocating 25% of your portfolio to altcoins offers exposure to innovative technologies with potentially high returns, though they come with higher risks compared to Bitcoin or Ethereum. 4. 5% Meme Coins (DOGE, SHIB, etc.) Meme coins like Dogecoin (DOGE) or Shiba Inu (SHIB) are speculative assets that often gain value due to community support, social media hype, or celebrity endorsements. They are extremely volatile, with the potential for short-term gains but also significant risks. Keeping only 5% of your portfolio in meme coins ensures you don’t overexpose yourself to their high volatility, while still allowing you to benefit if these coins surge in value. Example of a Diversified Crypto Portfolio Allocation Let’s assume you have $10,000 to invest in cryptocurrencies. Here's how you might allocate your funds based on the diversification strategy above: $5,000 in Bitcoin (50%) $2,000 in Ethereum (20%) $2,500 in Altcoins (25%) $500 in Meme Coins (5%) This allocation offers a balanced approach, giving you exposure to the relative safety of Bitcoin and Ethereum while also allowing you to take advantage of the potential high growth from altcoins and meme coins. Why This Allocation Strategy Works - Stability with Growth Potential: With 50% allocated to Bitcoin and 20% to Ethereum, you are investing in two of the most established and widely adopted cryptocurrencies. These are often seen as the "safer" options in the crypto world, and their long-term potential is generally considered strong. - Exposure to Innovation: The 25% allocation to altcoins provides exposure to emerging sectors like DeFi, AI, and blockchain interoperability. While altcoins tend to be more volatile, they offer significant growth potential if their underlying technologies gain widespread adoption. - High-Risk, High-Reward: The 5% allocation to meme coins adds a speculative aspect to the portfolio. Meme coins have a history of spiking in value, often due to online hype. Although risky, keeping a small portion of your portfolio in these assets can offer the opportunity for outsized gains while limiting your risk. Key Tips for Managing a Diversified Crypto Portfolio - Rebalance Regularly: The crypto market is highly volatile, and the value of different assets can fluctuate dramatically. Periodically rebalance your portfolio to ensure that your allocations remain aligned with your goals. For example, if the value of your meme coins spikes, they might occupy a larger percentage of your portfolio than desired. Rebalancing ensures that you take profits and stick to your original diversification strategy. - Do Your Own Research (DYOR): While diversification helps mitigate risk, it's essential to research the coins you're investing in. Don’t blindly invest in an asset just because it’s trending. Understand the project, its use case, the team behind it, and its long-term potential. - Avoid Over-Diversification: While diversification is important, spreading your investments too thin can dilute your returns. Focus on quality projects rather than trying to invest in every available cryptocurrency. - Have a Long-Term Mindset: The crypto market can be volatile in the short term, but having a long-term mindset is critical for success. Don’t panic during market dips—if you have a well-diversified portfolio, you’re better positioned to ride out the volatility and potentially benefit from long-term growth. Diversifying your cryptocurrency portfolio is a smart strategy for managing risk and taking advantage of the crypto market's various opportunities. A balanced allocation—such as 50% Bitcoin, 20% Ethereum, 25% altcoins, and 5% meme coins—helps you mitigate the risks of volatility while allowing you to participate in the growth of different sectors.
CRYPTOCAP:TOTALEducation
by HexaTrades
ETH / BTC Secondary trend. Descending channel. Wedge. 18 10 2024A local wedge-shaped formation has formed in the descending channel in this ETH/BTC trading pair. There is potential for a breakthrough and price growth, to the resistance of this descending channel. Perhaps after consolidation. If this happens, then most of the “long-suffering” altcoins will similarly go up in price, but with a larger %. The local alt season will begin. This trading pair clearly shows how money flows from one high-cap asset to another. Shown on the chart. Look at the time and the Bitcoin to Dollar chart, at the time of the breakout of the symmetrical triangle of the distribution zone downwards (weakness of Ethereum relative to Bitcoin). Since then, Bitcoin has grown in price by almost +200%. While Ethereum relative to Bitcoin has weakened by as much as -50%. Now there is a reverse flow of bitcoin into ether, and some alts, for about 1.5 months already. Then, the money will flow into a variety of alts, which will consequently be reflected in their prices a little later. Today is a significant date 18 10 2024. There are 18 days left until the US presidential election. Remember, about this, where this zone is in the main trend.
Long
by SpartaBTC
1
ETH/USDT: Ready for Liftoff? $3,500 Target in Sight!Hey everyone! If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates! ETH is looking incredibly bullish right now. It just broke out of a symmetrical triangle on the 8-hour time frame, signaling potential for a strong upward move. I’m eyeing a push toward the $3,500 level. Target: $3,400 - $3,500 Stop-Loss: $2,500 What are your thoughts on ETH’s current price action? Are you spotting this bullish setup too? Drop your analysis in the comments below, and let’s ride this wave together! 🚀
Long
by CoreCrypto1
ETH/USDT CHART UPDATE !!ETH/USDT chart update shows Ethereum trading within a descending channel pattern. The recent price action indicates that ETH is testing the upper boundary of the channel as potential resistance. Ethereum is consolidating within a clear descending channel, and the upper trendline is currently acting as resistance. The price is struggling to break above the channel's resistance, which could result in a pullback if the breakout fails to materialize. The lower boundary of the channel and the horizontal support zone below it remain key levels to watch for any potential downside movements. Ethereum manages to break out of the descending channel with strong momentum, it could signal a bullish reversal. However, failure to do so may lead to further consolidation or a retest of lower support levels. Traders should monitor these levels closely to anticipate the next significant move. Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed. You can DM us for information on any other coin. @Peter_CSAdmin
by CryptoSanders9563
Ethusdt trading strategyThis Ethereum (ETHUSDT) chart shows the price consolidating within a symmetrical triangle pattern. Currently, ETH is moving near the upper boundary of the triangle around $2,620, indicating potential breakout scenarios. Bullish Scenario: If ETH breaks above the triangle's resistance, it could trigger a sharp upward movement, potentially reaching higher price levels around $2,800 or beyond. Bearish Scenario: On the other hand, if the price fails to break out and moves lower, it may retest the support area near $2,500, which could provide another buying opportunity. This consolidation pattern suggests that a significant move is coming soon. Traders should keep an eye on the triangle's boundaries for a clear breakout or rejection to define their next steps.
by Suyouu
No matter what you do, the basic chart is the 1D chart Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- In order to analyze the chart, you will use various chart tools. However, if there are no support and resistance points drawn on the 1M, 1W, and 1D charts, you will find that it is difficult to conduct actual trading. In order to explain how the trend changes when there is a certain movement at the support and resistance points shown on the chart, I provided a basis by using chart tools. However, if you trust the support and resistance points drawn on the chart, you do not need to use various chart tools separately to find such basis. -------------------------------------- The 64748.70-65920.71 section is formed by the HA-High indicator of the 1D, 1W charts. Therefore, if it is supported and rises in this section, it is highly likely to show a stepwise uptrend. If it falls in the 64748.70-65920.71 section, it is highly likely to touch the HA-Low indicator. - BW (100) point of the 1W chart: 68393.48 BW (100) point of the 1M chart: 71280.01 BW (100) point of the 1D chart: 73072.41 BW (100) lines are formed at the above points. The formation of the BW (100) line means that the MACD, DMI, and OBV indicators are showing strength. Therefore, just like the HA-High indicator, the BW (100) point can be said to have shown a high point range. Therefore, if it rises above the BW (100) point, it can be seen that there is a high possibility of a strong upward trend. - In this sense, we can see that the current high point range is the 61099.25-73072.41 range. Since the HA-High indicator or the BW (100) point moves and is created by volatility over time, we should carefully observe when there is a change in the high point range. This is because at that time, there is a high possibility of creating a new wave. - The lines that make up the MS-Signal indicator are M-Signal and S-Signal. Of these two lines, the important line is M-Signal. Therefore, the M-Signal lines on the 1M, 1W, and 1D charts serve to indicate trends. It was created so that you can see the overall trend on any time frame chart. Therefore, the current indicator (HA-MS) can be said to be an indicator that expresses everything. - You can mark the HA-Low, HA-High, BW (0), BW (100), and Mid (50) points on the 1M, 1W, and 1D charts and use them as support and resistance points on the time frame charts you mainly trade. As I mentioned earlier, you can check the arrangement of the M-Signal lines on the MS-Signal indicator and create a trading strategy that matches the trend. It is recommended to start trading when the price is maintained above the M-Signal line on the 1M chart at least. If possible, it is better to start trading when the price is maintained above the M-Signal of the 1W chart when the M-Signal of the 1W chart > the M-Signal of the 1M chart. (ETHUSDT 1D chart) Therefore, ETH is currently not a good state to trade. - The StochRSI indicator seems to be showing a downward trend. However, it has not yet fallen from the overbought zone or has not yet turned into a state where StochRSI < StochRSI EMA, so it should be interpreted that the current upward strength is strong. Therefore, caution is required when trading because there is a possibility of further increase. In any case, the 64748.70-65920.71 range is formed at the current price position, so the key is whether it can be supported and rise near this range. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the real uptrend will start after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points. We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
#ETHUSDT: Three Major Targets Zones, Final Target at $4500 The current price action suggests that the asset is consolidating within a range of $2100 and $2500. This accumulation phase appears to be nearing its conclusion, indicating a potential shift in market sentiment. Based on technical analysis and market observations, we anticipate a strong bullish price distribution that could propel the asset to an all-time high. A strategic entry point at $2500 presents an opportunity for a significant swing buy trade. This entry level has the potential to drive the price towards its all-time high of $4500. To achieve this target, we have established three key milestones. The first target is the $3000 region, which we believe is within reach in the near term. The second target is $3800, which may require a longer timeframe due to the distance from the current price and the need for robust fundamental support. Finally, the ultimate target of $4500 is projected to take several months to materialize and may involve temporary corrections along the way. We extend our best wishes to all investors and traders. Your support through likes and comments on this analysis is greatly appreciated, as it motivates us to continue providing valuable insights and market analysis.
Long
by Setupsfx_
15
Sell ETH/USDT Channel BreakoutThe ETH/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 2620, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 2488 2nd Support – 2410 Stop-Loss: To manage risk, place a stop-loss order above 2700. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_FOREX_TRADING
1
Ethereum is undervalued by society!As we mentioned, Ethereum is one of the three assets that the market maker has been accumulating. As you may have noticed, 2/3 of the assets have already shown their strong growth (Bitcoin and Solana), while the dominance of BITSTAMP:ETHUSD is at its lows since 2021. It is also worth paying attention to the data inside the blockchain, which shows a large accumulation of BITSTAMP:ETHUSD on the wallets of market makers, investment funds and large conglomerate like BlackRock, Vanguard and others. Most recently, BlackRock exchanged their Bitcoin to buy Ethereum, which is a direct signal of bullish sentiment towards Vitalik Buterin's project. We expect a rapid growth of BITSTAMP:ETHUSD in the next two months with a top update!
Long
by horbanbrothers