Community ideas
Ethereum (ETH) Set for a Breakout as Market Momentum BuildsEthereum ( CRYPTOCAP:ETH ) appears primed for a significant breakout to the $4,500 level, fueled by bullish momentum and recent groundbreaking developments. As Bitcoin (BTC) reaches a historic all-time high of $100,000, attention is shifting towards CRYPTOCAP:ETH , often dubbed the "silver to Bitcoin's gold," indicating that the much-anticipated altcoin season may be on the horizon.
Game-Changing Metamask Update
A pivotal catalyst for ETH's potential surge is the new feature from MetaMask, one of the most popular decentralized exchanges (DEXs) and crypto wallets. MetaMask now allows users to swap tokens on the Ethereum network without needing ETH for gas fees. This gas fee is incorporated directly into the exchanged tokens, significantly lowering barriers to entry for traders.
Previously, users needed CRYPTOCAP:ETH to pay for gas fees when swapping tokens, often hindering smaller traders and leaving profits predominantly in the hands of wealthy investors. This system discouraged many from engaging in trading on the Ethereum network, contributing to Solana's recent dominance in the memecoin landscape due to its lower fees. With this new initiative, Ethereum aims to regain market share by offering a more accessible and user-friendly experience, potentially driving an influx of activity on the network.
Currently, this feature is exclusive to the MetaMask browser extension but will soon be available on its mobile app, expanding the accessibility even further.
Technical Indicators Signal Bullish Potential
From a technical standpoint, ETH's charts reveal promising signs. Despite a 1.73% dip at the time of writing, ETH is trading within a falling wedge pattern—a bullish formation that typically signals an imminent breakout. The Relative Strength Index (RSI) stands at 60, indicating strong buying pressure and positioning the asset firmly in bullish territory. Additionally, CRYPTOCAP:ETH remains above key moving averages, suggesting that upward momentum is building.
Notably, CRYPTOCAP:ETH briefly broke above the falling trend channel earlier, signaling the beginning of a potential bullish renaissance. While this move was short-lived, largely due to trading volume being siphoned into BTC, the broader market conditions will favor altcoins in the coming weeks. If Bitcoin's dominance stabilizes, the altcoin season could see CRYPTOCAP:ETH soaring past $4,500 and beyond.
A New Era for Ethereum
This combination of fundamental advancements and technical strength positions Ethereum for a potentially explosive rally. The reduced gas fee burden will attract more traders to the network, increasing transaction volume and demand for $ETH. Coupled with the broader market rally, this development could mark a turning point for Ethereum ( CRYPTOCAP:ETH ), setting it up to challenge new highs.
As the crypto market evolves, Ethereum's adaptability and innovations like those from MetaMask ensure it remains at the forefront. With the stage set, all eyes are on ETH's next big move—potentially reaching the $4,500 mark and beyond in the near future.
ETH - The Golden OpportunityWe posted BTC's downside targets if we get a drop, now we must examine ETH's price action.
So far ETH has not broken out of its macro triangle (red arrows). Therefore, if we get one more liquidation flush it could provide us with a golden buying opportunity.
The level we would look for is slightly below $2,800 for the perfect retest.
This retest would be macro old resistance being flipped into new support (yellow line).
This retest would also be the 0.618 retracement level from our swing low to swing high.
This retest could also develop a right shoulder of a massive inverse head and shoulders pattern to break us to the upside.
If we see a drop from these highs, sub $2,800 will be the final opportunity before the all time high is broken in my opinion.
On the contrary, If we do end up getting above our white line then we would see an earlier breakout and would look to long any retests of new support. If this breakout happens sooner, I will update this chart with new targets.
#BTCUSD #H4 Analysis #BTCUSD #H4 Analysis 🚀 📉
Bitcoin is currently forming a bullish Flag/Traingle pattern on the #H4 timeframe, hinting at potential upward momentum. 📈
🔻 Bearish Scenario: However, a bearish #H4 candle close below 86500 could signal weakness and open the door for a drop towards the 81500 level. 📉
Keep an eye on key levels and trade cautiously! 🎯
#DYDX/USDT#DYDX
The price is moving in a downward channel on the 4 -hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have a downward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.0970
Entry price 1.06
First target 1.15
Second target 1.26
Third target 1.35
#ILV/USDT#ILV
The price is moving in a descending channel on the 4-hour frame
And it is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 35.00
We have an upward trend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 37.45
First target 39.68
Second target 41.85
Third target 44.14
ETH - Ranges overviewETH is slowing grinding higher so let's see how to play it from here.
In correlation with BTC as long as it hold its current lows sitting around 97K expect ETH to continue higher towards 4K.
Considering the current range BTC is in the ETH trade is pretty starlight forward.
IF we hold the current levels expect us to continue higher towards the HTF buyside sitting around 4K.
IF we fail to hold the current levels expect a retracement towards the sellside sitting around 2.8K.
LET THE MARKET SHOW YOU ITS HAND AND TRADE WITH THE MARKET.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
My Thoughts...This is just a follow up...
Since we made a new LL. I have this two scenarios...
1) The pair has a possible for retesting the previous LL (on the daily time frame)
And continue with the bearish trend...
2) The pair could start By Changing the structure and buying or moving with a bullish trend. The pair will confirm with taking out the LH (on the daily time) that will be my confirmation that the bearish structure is finished bulls are in control
Let wait for confirmation for both scenarios before placing the trade so let's wait and see
Use proper risk management
Let's do the most!!!
BTC at $98K: Counting Down to $100K!Bitcoin is on the verge of a historic milestone, currently trading around $98,000 – and I’m celebrating a bit early because we’re just a stone's throw away from $100,000! 🌟
📈 BTC's Journey to 6 Figures
From humble beginnings in 2009 to becoming a trillion-dollar asset, Bitcoin's growth has been fueled by technological innovation, global adoption, and its status as digital gold.
Key levels along the way: MIL:1K , $10k, $50k – and now approaching $100k!
🌐 The Broader Impact
This milestone isn't just about numbers; it represents Bitcoin's growing legitimacy in traditional finance, its adoption as a store of value, and its integration into global markets.
💬 What’s Next for Bitcoin?
Could this be the start of another bullish phase, or is it time to consolidate?
Let’s discuss potential scenarios and key levels to watch.
🚀 To the moon and beyond!
Let’s celebrate this iconic moment together (a little early).
Share your thoughts, charts, and ideas below! 💬👇
Triangle breakout suggests AVAX could gain 18%A triangle pattern, triggered earlier today, indicates that AVAX might extend its recent gains. Interestingly, several "dino" coins have been rallying lately as the MEME frenzy fades. This bullish pattern remains valid as long as the price stays above the $35.54 low.
What is your take on Avax?
This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Nas100 - 15 min ( Best Buy and Sell Scalping Break Out Area )⚡️ Nas100
Best Break Our / Key level's 15m Tf
🚨Bullish After Break Out key level + High Volume / 20770 Area
🚨Bearish After Break Out key level + High Volume / 20410 Area
⚡️ We Only Sent Most Accurate Opportunity and Analysis Not by Number ..
🔻 Announcement Coming After Successful Break
EURJPY Short: Targeting 158.7The EURJPY pair is showing signs of exhaustion at current levels, with technical indicators suggesting a potential reversal. Negative momentum which is peaking again and declining from the zero level favour short positions. Entry around current market price with a tight stop offer a favorable risk-reward ratio. The target of 158.7 aligns with a previous support level.
EURGBP 4hr ShortEURGBP
✅ 4hr Short ✅
💰ENTRY: 0.83254
👎STOP LOSS: 0.83413
TP TARGETS
⏰TP1
⏰TP2
⏰TP3
✅ 1. Weekly Time Frame: Price has been breaking bearish and trending below the 10, 50, 200 EMAs.
✅ 2. Daily Time Frame: Price has been breaking bearish and trending below the 10, 50, 200 EMAs.
✅ 3. 4hr Time Frame: Price has made a valid correction into the 10 EMA.
✅ 4. Price has made a Swing high Engulfing candle below the 50ema.
This is a great example of my systematic system.
ADA - SHORT to 0.76$Ada is at break at 1W which is positive for long term price actions. Im expecting it will be rejected at 0.86$. Oppened short here and expecting correction till 0.76$.I really do not expect it will pump more to 1$ in current conditions on the over-hyped market. BTC will need drain one more time ALTS to gain momentum for 100K price and more. I really do not recommend to open long position right now after all does 1W candels. Regards.