Ethusdtlong
#ETH is in strong support! what we can expect?ETH Technical Analysis:
From a long-term perspective, ETH has often been bullish when trading inside the blue rising broadening wedge.
Currently ETH is trading at 1740$ which is a strong level of support, we are expecting a good bounce up to the upper level of this falling wedge
and if it breakout this pattern then we can see some good bounce according to the pattern.
we have 1940$ and upper resistance of this pattern.
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Bullish on ETHJust bullish on ETH. Everything points to a price increase. My basis is based off of a 59B$ USD accumulation (green level) from ETH whales to hold current support levels. Sell offs will allow these whales to continue to accumulate more ETH at lower prices to create scarcity amongst such a busy network which will lead to increase price of ETH.
Analysis shows primed and ready for uptrend. NOT FINANCIAL ADVICE. Make sure to do your macroeconomic, fundamental, technical & on-chain analysis before investing. Use risk management to avoid liquidation of assets.
ETHUSDT at weekly support, will that hold?The price has fallen back again to the weekly support 1 zone which screams for a buy but here is a bit of confusion I have when I see the BTC chart. BTCUSDT chart is suggesting that it is going down which means further down move for ETHUSDT towards weekly support 2 zone. Or its the other way round, ETHUSDT is suggesting no further down move and so BTCUSDT shall hold. Kind of conflicting, but pure ETHUSDT chart without considering any other factor suggests a long trade favorable here. But since other factor is involved, the risk shall be minimized by smaller position size and strict stop loss management.
ETHUSDT likely to head towards weekly resistance around 2072ETHUSDT is trading currently above weekly support and likely to move higher towards first daily resistance and then to weekly resistance 1 zone. I believe the daily resistance should not create much trouble for the price this time. A bit of push back might be there but I do not expect something significant there this time. But lets watch. All the support and resistance levels are marked on the chart.
ETHUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Entry: market and lower
2 possible scenarios on the chart, everything will depends on BTC,
for growth we should to realize yellow marker,
if we get decrease under ~1830, then we will catching ETH in zone 1700-1620
In any case main target zone: 2300-2500
Stop: (depending of ur risk).
ALWAYS follow ur RM.
cancellation of scenario - consolidation under 1500
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
#ETH DAILY TIMEFRAME UPDATE!!#ETH UPDATE
ETHUSDT is in an upward trend that is constrained by resistance and support. The local resistance that has been holding back the cryptocurrency pair for a while was shattered yesterday.
The pair departs the range when the price breaks the MA-50, and it then establishes a consolidation above the line following another testing of the barrier.
The currency will start to strengthen if the bulls manage to keep the price in the new channel.
The market has been more active recently, and we can presume that this is due to the fundamentals of the economy as they relate to the dollar index.
Support is being provided by the moving averages. The support is validated by the MA-200 crossing the lower edge of this rising channel.
Strong support: 1880, 1846, 1775.
Strong resistance: 1920, 1941, 2021.
I anticipate that ETH will continue to rise until 2021 under the influence of the bullish trend and attitude, followed by a breakout and strengthening to channel resistance.
This piece is not intended to be financial advice. Before making an investing choice, always do your own research and speak with a qualified advisor.
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ETH Weekly: Giant Re-Accumulation?!I believe I could make a very compelling case for the weekly chart on ETH becoming one big giant Wyckoff Re-Accumulation schematic. Before we begin, please take a minute to look at the Re-Accumulation schematic in the bottom left corner of this picture:
img.phemex.com
With that fresh in your mind, let's get back to the charts. It looks like back when we went and took out the ATH (just barely) in November of '21, it was actually serving a very important purpose. That was our UTAD before the subsequent bear market & giant dump back down to take out the lows of the AR & SOW. Once we took out those lows, we put in one low and then a higher low followed, which now serves as our Spring and Test right before a big jump across the creek.
Currently on our indicators, the 3 day is showing a giant hidden bullish divergence. Last time we printed a trigger wave on the 3 day, it caused Wave 3 (AKA the run-up from 1385 to 2146, see related ideas) and with this trigger wave coming in lower, while price is making a higher low, it forms a very strong hidden bullish divergence signaling massive uptrend continuation is on the horizon. This would fall perfectly in line with our big "Jump Across the Creek" in the Re-Accumulation schematic, as well as our Elliott Wave 5 from my previous post (link below). As of right now, our Wave 4 did exactly as it was supposed to by not retracing past the zone in between the 0.382 and 0.5, which should mean that Wave 5 is incoming.
Targets for this idea start at the macro GP from ATH around 2560 and increase from there according to your risk tolerance and profit taking strategy. Personally I will only be taking partials and plan to let this trade run as far as it's willing to run, with my stop loss at my entry.
What are your thoughts?
📈Ethereum is going to test 1854 level📉BINANCE:ETHUSDT
COINBASE:ETHUSD
Hey everyone, According to Ethereum's pullback pattern, the price can continue its downward trend until the level of 1812, But the daily trend is bullish.
Warning: If the price stays above the 1854$ level, Ethereum's upward trend will continue.
Divergence of important indicators are indicated in the chart
Please share ideas and leave a comment
let me know what's your idea.
CrazyS✌
The Range Gives You GainsHave you ever heard of "the trend is your friend?"
I got a new one for you - The Range Gives You Gains
70% of the time in any given market, price will be in a sideways range doing nothing. People seem to think they can only make money when the market goes up or down, effectively confining themselves to only trading 30% of the time. Learn how to trade a range, it will change your life. Mark out your Value Area High & Low, as well as your POC. When price comes down to one of these levels, you check your low time frame indicators and look for divergences or other signs of a reversal. It's really one of the simplest ways to make money in any market, yet it's so overlooked & underrated. Just like the trend, you trade the range until proven otherwise.
Follow me for more trading tips - today's was a very simple fundamental tip, but I post more advanced tips ranging from Wyckoff to Elliott Waves and everything in between.
Hope you have a great day and make a bunch of money inside of this range!
ETH Ascending Triangle Pattern Points to Potential BreakoutEthereum (ETH) traders have identified an intriguing chart pattern on the 30-minute timeframe—an ascending triangle pattern. This bullish continuation pattern suggests a potential breakout ahead. In this article, we'll delve into the pattern, outline the key levels, and propose a trade setup for traders to consider.
Ascending Triangle Pattern Overview:
The ascending triangle pattern is a reliable bullish continuation pattern characterized by a series of higher lows coupled with a consistent resistance level. This pattern signals a higher probability of an upward price breakout.
Current Scenario:
ETH is currently trading in proximity to the neckline resistance level, forming an ascending triangle pattern on the 30-minute chart. Traders should anticipate a minor dip before a potential breakout occurs.
Trade Setup:
Entry Level: $1840
Target: $1946
Stop Loss: $1824
View Negation:
Should ETH break below the critical support level of $1820, the pattern's validity would be invalidated, and traders should reconsider their position.
EGTUSDT ARE you RDY 2023 Long👌❤🧨The upward trend for Ethereum will also start soon.
At first, Ethereum will have a downward trend for the range of 1696 dollars, from the point of view of Smart Money, then it will start its upward trend with strength and touch the three ranges of 2020 dollars, 2478 dollars and 2967 dollars.
In the meantime, the alt season will start and other cryptocurrencies can give good profits to its shareholders.
ETH Wyckoff Accumulation #2 and 5th Impulse Wave Incoming?www.google.com
ETH current price action appears to be closely following the Wyckoff Accumulation #2 schematic (link above). The way I see it, there's two ways this can go:
1. ETH breaks straight up from its current position, and that little wick that deviated from the range (marked with "x") is our LPS
2. ETH deviates from the range once again, deeper this time to take out the lows from ST B and form the Spring. This would follow the Wyckoff Accumulation #1 schematic, however it may cause an issue with our Elliott waves, as Wave 4 is not allowed to cross under the high from Wave 1. Should this occur, we may still get a move up, but we will end up with an "Ending Diagonal" (AKA Rising Wedge, link to this concept below) and a very significant correction will follow.
What are your thoughts?
ETH the candle no one expectsI’ve set the bids starting from 1720 and lower.
What i think is this needs a correction and there are too many shorts in the market.
The price will hold range lows and will smash to upside towards Range Highs.
Will cut it off below 1670.
I have starting creating ideas here. So you can follow me for more. Thanks in Advance :) ;)
Note:Not a Financial Advice.
Ethereum minimum growth of ➕10%!!!🚀Ethereum seems to have created a 🐻bear trap🐻 (but the 100-SMA held Ethereum well).
According to Elliott Wave theory, Ethereum is completing a c orrective structure .
Ethereum correction structure can be Expanding Flat(ABC/3-3-5) or even Double Three Correction(WXY) .
I expect Ethereum to go up to 🟡 PRZs(Price Reversal Zones) 🟡 after breaking the downtrend line .
Ethereum Analyze ( ETHUSDT ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
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📈Ethereum pull back to the trend-line📉BINANCE:ETHUSDT
COINBASE:ETHUSD
Hey everyone, first take a look at my previous analysis and positions.
Along with the analysis of Bitcoin, Ethereum can also continue its upward trend up to the 1854$ level.
According to Ethereum's pullback pattern, the price can continue its downward trend until the level of 1694.
If the price stays above the 1854$ level, Ethereum's upward trend will continue.
Please share ideas and leave a comment
let me know what's your idea.
CrazyS✌
ETHUSD LONG Hello guys , How are you ?
Today I come up with ETHUSDT is pulling back to the the best zone I ever seen , we have the chance to ride the uptrend again I believe buying right here is a good opportunity .
but what makes this a good zone is that all the confluence comes in one place.
1. we have the trend line trader eyeing this zone i.e acts us support and resistance
2. we have the 200 EMA trader looking for trading opportunity at this zone i.e EMA acts as support and resistance
3. support turns to resistance i.e support and resistance trader eying this zone for trading opportunity
4.we have Fibonacci trader we are eyeing this area a trading opportunity
5. we have confluence trader eying this area for trading opportunity
I hope you find it useful l
thank you so much.
have a green week
BTC 🌥️ ETH ☀️ BNB 🌴 or ☁️? Read the latest crypto forecast!Sunny weather with a few scattered clouds lies ahead for Bitcoin and Cardano in the next 24 hours. 🌥️ This means that a slightly bullish market with upside potential is likely.
Tropical conditions, a very bullish sentiment with some upside potential – lies ahead for Ethereum over the next 24 hours after it fixed technical issues on its beacon node. 🌴 Binance Coin should also benefit from tropical conditions today, according to ATTMO, a weather-inspired crypto AI forecasting tool. ☀️
Over a one-week horizon, ATTMO expects cloudy weather with some sun for Bitcoin, Litecoin, Ripple and Binance Coin .☁️ This forecast can be translated into a slightly bearish market with downside risk. Ethereum and Cardano face slightly better trading conditions over a one-week horizon: sunny weather with a few clouds – a slightly bullish market with upside potential.
Follow us for more crypto market insights!
HelenP. I Ethereum has tested support and may continue to riseHi folks today I'm prepared for you ETHEREUM analytics. In mid-April, the price traded above the resistance of 2020 for some time, then the price start to decline. Ethereum continued the local downtrend and, after a deep correction, reached the level of 1785, from which it rebounded and grew. The price dropped slightly and approached support at the level 1785, but never reached it and continued to rise. Ethereum rose to the level of 2020, which is in line with the trend line, tested it, rebounded and continued to fall. Recently, the price broke through the level of 1785 and formed below the support zone 1755-1735, which subsequently re-tested and began to rise. Ethereum made a slight downward correction and, after a re-test support 1785, continued the local uptrend. Now the price is trading above support and may continue to rise. It seems to me that Ethereum may continue the local uptrend, therefore the goals will be set at the levels of 1860 and 1900. If you like my analytics you may support me with your like/comment ❤️