📈Long Setup on ETHUSDT📉 / ETH ---> 3500$BINANCE:ETHUSDT
COINBASE:ETHUSD
📈ETHUSDT Daily Long Setup📈
⚡️long position with mid-risk status.⚡️
TP 1-2-3-4 and SL are on the chart.
The Alternate scenario: If the price stabilize below the Bollinger midline, the setup will be cancelled
⚠️Don't forget to de-risk your positions.⚠️
Ethusdtlong
#ETH is holding the price above this 183 days long support!#ETH is currently staying above a support level that has held for 183 days, and the 100-day Simple Moving Average (SMA) is also acting as support.
As long as we remain above this support, things look positive for a potential bounce back up in price.
However, if the price falls below this level, we may see some corrections.
Keep an eye out for further updates.
DYOR, NFA
#Crypto CRYPTOCAP:ETH BINANCE:ETHUSDT BITSTAMP:ETHUSD
Ethereum (ETH/USD) Bullish Opportunity following Anti-Gartley Introduction:
In this technical analysis report, we will delve into the current market conditions of Ethereum (ETH/USD) and provide insights based on the formation of an Anti-Gartley Harmonic Pattern (XABCD). Our analysis aims to guide traders in making informed decisions regarding entry points, stop-loss levels, and potential profit targets.
Pattern Recognition:
ETH has exhibited the formation of an Anti-Gartley Harmonic Pattern (XABCD) on its price chart. This pattern suggests a bullish reversal is likely to occur, with point D serving as the anticipated starting point for an upward movement.
Key Levels:
- Entry: Near 3130
- Stop Loss: Near 2830
Analysis:
1. Entry Point (3130): Traders are advised to consider entry near the price level of 3130. This level aligns with the formation of the Anti-Gartley pattern and represents a strategic entry point for those anticipating a bullish movement.
2. Stop Loss (2830): To manage risk effectively, it is prudent to place a stop loss order near 2830. This level provides a buffer against potential adverse price movements and helps protect capital in the event of a reversal.
Profit Targets:
- TP-1 (3435): The first profit target is set at 3435. This level represents a significant resistance area where a partial profit-taking strategy may be considered.
- TP-2 (3700): The second profit target is identified at 3700, reflecting a higher resistance zone where further profit realization can be anticipated.
- TP-3 (3990): The final profit target is positioned at 3990, indicating a potential extended bullish move towards higher price levels.
Conclusion:
Based on the analysis of the Anti-Gartley Harmonic Pattern (XABCD) formation, Ethereum (ETH/USD) is poised for a bullish trajectory. Traders are advised to consider entry near 3130, with a stop loss at 2830, and profit targets at 3435, 3700, and 3990 respectively. As with any trading strategy, risk management remains paramount, and traders should adjust their positions accordingly based on market dynamics.
This analysis serves as a guide for traders seeking to capitalize on the potential bullish movement in Ethereum. It is essential to conduct thorough due diligence and monitor market conditions closely to optimize trading outcomes.
Potential Long on ETHUSDTBINANCE:ETHUSDT breaks out of the H4 resistance @3643.71 area. A rejection of same zone upon retest will signify a good entry for a long position. Immediate targets will be at 4071 and the all time high @4857.68. This does not mean there may not be some deeper pull back, I will however be looking to buy the dips. A rejection of the previous resistance forming a new support will be my starting point
ETH/USDT - Ethereum: BBand Breakout◳◱ On the $ETH/ CRYPTOCAP:USDT chart, the Bband Breakout pattern suggests a consolidation phase that could precede a trend continuation or reversal. Traders might observe resistance around 3665.84 | 3877.47 | 4320.63 and support near 3222.68 | 2991.15 | 2547.99. Entering trades at 3496.6 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Ethereum
▣ Rank: 3
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Ethereum is a distributed blockchain computing platform for smart contracts and decentralized applications. Its native token is ether (ETH), which primarily serves as a means of payment for transaction fees and as collateral for borrowing specific ERC-20 tokens within the decentralized finance (DeFi) sector.
◰◲ Technical Metrics :
▣ Mrkt Price: 3496.6 ₮
▣ 24HVol: 832,367,434.530 ₮
▣ 24H Chng: 3.168%
▣ 7-Days Chng: -0.38%
▣ 1-Month Chng: -10.72%
▣ 3-Months Chng: 48.91%
◲◰ Pivot Points - Levels :
◥ Resistance: 3665.84 | 3877.47 | 4320.63
◢ Support: 3222.68 | 2991.15 | 2547.99
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -1.84
▣ Last 90D: 2.92
▣ Last 1-Y: 1.35
▣ Last 3-Y: 0.61
◲◰ Volatility :
▣ Last 30D: 0.75
▣ Last 90D: 0.62
▣ Last 1-Y: 0.49
▣ Last 3-Y: 0.79
◳◰ Market Sentiment Index :
▣ News sentiment score is 0.83 - V. Bullish
▣ Twitter sentiment score is 0.53 - Bullish
▣ Reddit sentiment score is 0.59 - Bullish
▣ In-depth ETHUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
ETHBTC at a cycle bottomBINANCE:ETHBTC appears to be reaching a cycle bottom. Sentiment is quite sour (and for good reason). But has things really changed? Just seems like a typical decline while Monthly RSI as at the same level as 2019 with very similar timeframes. Total value locked in DeFi is increasing. Volume is picking up while DEFI dominance is steady, i call that bullish divergence.
📈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.
ETHUSDTETHUSDT is trading in strong bullish trend and consistently printing HH HLs. and is about complete ABCD pattern at strong daily support level. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the buy momentum continues the next target could be 4500
What you guys think of this idea
📈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
#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.
ETHUSDT - Up onlyThe current situation suggests a potential bullish trend for ETH/USDT. The fact that the MFI (Money Flow Index) on the weekly chart is at 82 indicates strong buying interest in the market. A high MFI value suggests that money is flowing into the asset, which could be indicative of a potential upward movement in price.
Additionally, the RSI (Relative Strength Index) at 68 on the weekly chart is moderately bullish. While not in overbought territory (usually considered above 70), an RSI of 68 suggests that there is room for the price to continue its upward momentum.
The RSI with a 58-period moving average (RSIMA58) may also be signaling a positive trend. If the RSI is above the 58-period moving average, it could imply that the recent price gains have been stronger than the losses.
Taking these indicators into consideration, it's plausible to suggest that ETH/USDT may experience an upward movement from its current value of 2400 to a range of 3400 to 4600. However, it's crucial to approach such predictions with caution, as market conditions can change rapidly, and unforeseen events can impact price movements. It's recommended to conduct thorough research and consider multiple factors before making any financial decisions.
ETH/USDT - Ethereum: BBand Breakout Super-Trend◳◱ On the $ETH/ CRYPTOCAP:USDT chart, the Bband Breakout Super-Trend pattern suggests an upcoming trend shift. Traders might observe resistance around 4181.48 | 4484.49 | 5278.24 and support near 3387.73 | 2896.99 | 2103.24. Entering trades at 4029.26 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Ethereum
▣ Rank: 3
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Ethereum is a distributed blockchain computing platform for smart contracts and decentralized applications. Its native token is ether (ETH), which primarily serves as a means of payment for transaction fees and as collateral for borrowing specific ERC-20 tokens within the decentralized finance (DeFi) sector.
◰◲ Technical Metrics :
▣ Mrkt Price: 4029.26 ₮
▣ 24HVol: 2,289,413,601.168 ₮
▣ 24H Chng: 2.079%
▣ 7-Days Chng: 11.03%
▣ 1-Month Chng: 61.23%
▣ 3-Months Chng: 83.11%
◲◰ Pivot Points - Levels :
◥ Resistance: 4181.48 | 4484.49 | 5278.24
◢ Support: 3387.73 | 2896.99 | 2103.24
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 13.20
▣ Last 90D: 4.10
▣ Last 1-Y: 2.28
▣ Last 3-Y: 0.71
◲◰ Volatility :
▣ Last 30D: 0.44
▣ Last 90D: 0.52
▣ Last 1-Y: 0.47
▣ Last 3-Y: 0.79
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.53 - Bullish
▣ Reddit sentiment score is 0.52 - Bullish
▣ In-depth ETHUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
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!
ETH - The ALTCOIN that CAN still x10🚀📉Hi Traders, Investors and Speculators of Charts📈
Ethereum has made an astonishing 6 consecutive green weekly candles. ETH is forever growing, with even more exiting developments on the horizon for this year. The Ethereum Foundation has announced the upcoming launch of the Dencun network upgrade on the Ethereum mainnet, following its successful activation on all testnets. Scheduled for March 13th , 2024, this upgrade mandates node operators and stakers to update their software.
With all of the development still happening mainly on ETH, I see a bright future for this altcoin as more adoption comes and market capitalization increases.
For the short term: From a technical indicator perspective and given how close we are to 4K, I think ETH increases a bit here before pullback, giving that often when we see "Overbought" in the weekly, there's usually a dip that follows the next weekly candle.
Make sure you check out this idea to get a better understanding of money-rotation between BTC and Alts:
_______________________
📢Follow us here on TradingView for daily updates📢
👍Hit like & Follow 👍
CryptoCheck
BITSTAMP:ETHUSD BINANCE:ETHUSDT
TA | ETH - Local perspectiveAt the moment we see a pattern forming on the 4H chart of $INDEX:ETHUSD.
If the price consolidates below $2 873, the potential targets for the price movement will be $2 787 and $2 724.
If the price consolidates above $3 037, the potential price targets will be $3 395 and $3 589.
ETHUSDT Elliott Waves Analysis (Global Vision)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Nothing has changed from my last Global idea from 18 july 2022.
Still waiting for 6 - 7.5k zone,
Enjoy more detailed chart. Surfing by waves :)
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions