Ethereum (ETH) Returns to Our Radar - Anticipating Resistance AhHey Traders,
I've got a noteworthy update on Ethereum (ETH) that demands our attention.
Analysis:
I foresee a substantial resistance looming over the ETH price. Despite recent movements, my analysis suggests the likelihood of ETH revisiting levels below $1500.
Disclaimer:
This information is not to be considered financial advice. Always conduct thorough research before making any trading decisions.
Let's delve into the details on the TradingView charts, keeping a close eye on the potential resistance and the factors driving this anticipation. Happy Analyzing! 📈🔍
Ethusdtshort
ETH Flag Pattern: Quick Short then $2KHi Traders, Investors and Speculators of Charts📈📉
As you know, we're trading in the opening moments of a new bullish cycle. Often when quick increases happen, pullbacks and corrections are sure to follow, even during a bull market this is natural.
ETH formed a flag, and this gives the opportunity to take either a long or a short. Watch the video for a quick setup with conditions and an easy to understand explanation.
Remember, support and resistance zones are great to watch for possible long and short opportunities during brief pullbacks!
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CryptoCheck
BINANCE:ETHUSDT
[EN] ETHUSDT at $430 by the end of 2024? // GaliortiTradingBINANCE:ETHUSDT starts to break through the lower zone of a symmetrical triangular figure originated in 2022. If fulfilled, its potential target would be $430.
BINANCE:ETHUSDT 1W
On the daily chart ETH is immersed in a sideways for two months. It has lost its 200 average and also its medium-term bullish trendline . It would be logical that in the short term it would make a pull-back to it. However, if it does not overcome it, it would test the floor of its current sideways channel, which could trigger a double top . The target level would be $1,345.
BINANCE:ETHUSDT 1W
All this would lead to the loss of the $1,450 support, which would lead to strong bearish pressures in the medium term . It should be borne in mind that the vertical rise experienced by the stock in January 2021 would facilitate the fall in prices (as it is a low liquidity range).
Pablo G
ETHUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Entry: market and higher
Target/ Reversal zone: 1200-1050
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
Good luck everyone!
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It's not financial advice.
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ETHUSDT - D1\H4ETHUSDT
Formation of a three-wave structure, which may allow further movement down to the lower border of the channel to collect liquidity. These are targets in the region of 1530 - 1518
What can you expect?
You can consider an entry after correction from the last movement, this is the mark 1606 -1618 with further movement to the target 1518.
Targets 1573 - 1552 - 1530
ETH Crab Pattern (short entry 1880)4h time frame
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ETH creating a potential bearish harmonic pattern_crab, which utilizes 1.618 Fibonacci Projection of the XA(1745.84~1531.08), the calculated PRZ(Potential Reversal Zone) is around 1880. Also, range 1839~1933 is the resistance zone we talked before, which is made of 0.618~0.786 Fibonacci Retracement, and there is the S/R, too. In conclusion, 1880 will provide a comparable resistance for ETH, and might be the last chance to open short before end of this bear market.
🔻 ETHUSDT 🔻 SHORT - Locally on September 20thETHUSDT.P - 1-hour Chart BINANCE:ETHUSDT OKX:ETHUSDT BINANCE:ETHUSDT.P COINBASE:ETHUSDT OKX:ETHUSDT.P
I anticipate a bullish manipulation driven by news events.
Subsequently, we may see a liquidity drawdown in the bearish direction.
I've indicated potential correction targets on the chart.
Wishing everyone profitable trading...
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ETH clear bottom 13004h time frame
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This market tends to fall in near future, but cannot make a huge dump without a continuation structure. Therefore, ETH is creating a potential rising channel or can be defined as a bearish flag, which will provide more momentum for further dump.
It's not hard to realize due to concept about "Stop Hunting", market always tries to liquidate as much as possible before going towards the true direction.
According to the potential continuation structure, Ethereum will keep consolidating as a flag, and the great price range to short at 1765~1791, target is 1309. Do not miss it!
ETH pump to retest historic uptrend4h time frame
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According to the huge rebounce today, ETH has high possibility to retest the uptrend which just got broken om August 18th.
Also, there are two reasonable retrace levels and corresponding targets.
Retrace 1733 --> Target 1419~1366
Retrace 1846~1866 --> Target 1253
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The targets are matching with our previous harmonic analysis
📈Ethereum prediction, 2K or 1.6K? 📉BINANCE:ETHUSDT
COINBASE:ETHUSD
Hello dear traders
Three drives pattern is either bullish or bearish. Since it is a reversal pattern when it fails, the three drives pattern indicates a strong continuation of the current trend.
Divergences are marked on the chart!
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Ethereum Weekly Key LevelsEthereum started forming a symmetrical triangle on the weekly timeframe. The breakout of this pattern will occur with the weekly candle closing above the $2025 level.
At the same time, Ethereum, which fully adapts to the moving averages, especially in the weekly time frame, will make a weekly candle closing above $2025, which will mean that it will break the moving average. The first target after this breakout will be the $2531 resistance. If this resistance is exceeded, the next target will be the $3417 resistance. In this scenario, we will watch the moving averages specifically for pullbacks. (WMA40, WMA120)
In a possible breakout, the negative scenario will target the RMA200 level of $1176. This target will only be active at the close of the weekly candle below $1700.
Ethereum Road Map🗺️!!!(4-hour time frame⏰)Hi everyone👋 (Reading time less than 3 minutes⏰) .
Today I want to show you the 🗺️roadmap🗺️ for Ethereum for the next 7 days in the 4-hour time frame using the Elliott wave theory.
Ethereum has started to form corrective waves after the completion of five impulsive waves; one of the signs of the beginning of corrective waves is the formation of the Head and Shoulders pattern .
Since the main wave A has 5 microwaves, I expect a corrective structure ahead of Ethereum Zigzag(ABC/5-3-5) .
Ethereum has managed to complete the main wave B in the 🟡 Price Reversal Zone(PRZ)-($1,918-$1899)🟡 (One of the signs of the completion of the main wave B is the breaking of the support line).
🌐 News 🌐: Vitalik Buterin Linked Wallet Invested 2013 Ethereum in OKX! Is it a Bearish Signal❗️❓
An address associated with Lookonchain Ethereum founder Vitalik Buterin said it has invested 2,013 ETH (worth $3.76 million) in OKX.
I expect the main wave C to finish near the support line and inside the 🟢 support zone($1,780-$1,750) 🟢.
📚 Educational Tip 📚: One of the signs of confirming the wave count is that wave A basically goes down to the end of wave 4 .
If we look at the ETHBTC chart, we will realize that if the cryptocurrency market falls, Ethereum will be more affected by this fall than Bitcoin.
For more information, I recommend you to read the following post.👇
Ethereum Analyze ( ETHUSDT ), 4-hour time frame⏰.
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Eth Fakeout Ethusdt
Seems like Ethereum is going for retest
There was a Fakeout on daily timeframe
I am expecting now 10-20% drop soon
Note : Ideas are personal opinion not financial advice , do your own research and always manage your risk
Good luck
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ETH Head & Shoulders!KUCOIN:ETHUSDT
ETH has had an impressive run to 2140.
Pullback sits currently at 1874 and in a Head & Shoulders.
Break of Neckline will possibly provide short ideas with target ideas to 1690, 1520, 1370 zones.
If the Neckline does not break and volume sets in go long - for targets see my 18-Apr ETHUSDT post
with this chart: www.tradingview.com
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.