ETHUSD | Support zoneETHUSD support zone.
Is Ethereum ready for a big push to the upside?
Let me know what you think!
ETHBEARUSD trade ideas
Ethereum Eth usd daily analysis
Time frame 4hours
Risk rewards ratio =2 👈👌
Technical analysis 👇👇
As you can see in the chart, Ethereum has formed a double top(peak) pattern.
The distance from the top to the bottom has dropped by about 14%.
So, according to the double top pattern, we should have the same amount of drop from the bottom of the second peak. -14%again.
This Ethereum price decline has ended with a support level. (Dark blue box )
👉Which is a very important point.👈
On the other hand, according to Elliott wave counting, the 3-point correction wave has also ended and Ethereum is starting an impulse wave. ✔️
There is also news about the start of the Alt-Season, and we know that one of the factors for the start of the Alt-Season is negative sentiment towards the market.📉📉
and now most analysts and traders expect a price decline, which can be good news for buyers.👌👍
BUY ETH*I am in no way a financial advisor and you should always do your own due diligence before placing any trade. Do not trade what you are not comfortable with losing. No trade is guaranteed.
BUY ETH
STOP LOSS 3279
TAKE PROFIT 3540
Ethereum is going to 2000 then new ATH
Alright, let's talk about what I see coming for Ethereum. I’ve been deep-diving into these charts, especially that weekly one where I’ve highlighted the past moves and percentages. I'm using these patterns as a guide to try and anticipate where Ethereum is heading next. I'm going to set aside any kind of trading advice, and focus on what I see the market doing next.
Key Observations From Past Cycles
Looking at Ethereum's history, I’m seeing a pretty clear cycle of large price swings:
Massive Rallies: Ethereum has a history of powerful bull runs, where the price can surge by hundreds, or even thousands of percent. I need to be aware of these to understand the potential of the coin.
Substantial Corrections: These rallies are always followed by substantial corrections, which range from about 30%, to upwards of 80%. This is important to see as any retracement can be devastating to a trader.
My Prediction For The Next Move:
Based on those historical patterns, here’s what I see as the most probable outcome for Ethereum's next move:
Anticipated Retracement: I’m expecting a retracement, or a pullback following the recent gains. Ethereum tends to make large retracements after a period of growth, and I am anticipating this will happen again soon. I want to see the price find a solid level of support, as this will be important to the next move up. Based on historical price action, I expect the next support levels to be somewhere around $2000 to $2500.
The Next Upside Move: After that pullback, I anticipate a strong upside move.
The magnitude of this move is unclear, but the data on the chart shows we could be looking at a move upwards of 100%, and maybe even more. I want to be watching that very carefully when it happens.
Daily Analysis of Ethereum – Issue 240The analyst believes that the price of { ETHUSD } will decrease in the next 24 hours. This prediction is based on quantitative analysis of the price trend.
Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
Ethereum (ETH) – Key Technical OutlookPrice Action & Sentiment:
Ethereum's current price action suggests upside potential, though a decisive move above the $3,500-$3,600 zone is needed to reignite short-term bullish momentum and shift market sentiment.
Ethereum appears undervalued by 30-50% relative to current market conditions, adding to the attractiveness of its long-term growth potential.
Support & Resistance Levels:
Support: The $2,900-$3,100 range remains a crucial support zone. A retest of this level, especially following mid-November lows, could reset sentiment and provide a stronger base for future growth.
Resistance: Breaking through the $3,500-$3,600 resistance zone would signal a significant shift in sentiment and encourage further bullish momentum.
Broader Market Context:
This setup mirrors historical patterns observed in previous crypto bull cycles, where a period of consolidation or a retest of key support levels often precedes substantial upward movement.
Broader market strength and positive sentiment shifts could act as catalysts, especially as the macroeconomic environment becomes more favorable.
Outlook:
If Ethereum's technical structure holds and broader market sentiment improves, the potential for significant growth remains high.
Investors should monitor price action around the $3,500-$3,600 zone for signs of a breakout and pay attention to the $2,900-$3,100 support for risk management.
Conclusion:
Ethereum is well-positioned for long-term growth, but near-term selling pressure could lead to a retest of critical support levels. A break above $3,500-$3,600 would signal bullish momentum, while holding above $2,900-$3,100 keeps the technical structure intact. This setup offers a compelling opportunity in alignment with previous bull cycle patterns.
ETH Prediction for this cycleChat is this realistic?
ETH has a bright future
just take the fib and see for yourself, eth is the play with the best R:R
Source: Trust Me Bro ;)
ETHUSD | Long Idea | Support ZoneBoth BTCUSD and ETHUSD heading for support zones.
Let's see if they hold or break.
Let me know what you think!
ETH cooling off?ETH broke a fib level of 0.786 at 3,406 now on a downtrend towards the 0.618 level at 2,866 in the monthly. Weekly fib, floating right under 3,406 bounced off a 3,213 support.
Quick conclusion, on a cool downtrend watching the 2,866 fib level if it breaks the 3,213 support. On the Daily currently showed a reverse double stop, rejecting price forcing it down. Now cooking in a triangle on the daily on a downtrend which usually indicates bearish signals. Zoom out still trending up, watching the 3,406 fib level for uptrend signals.
Don't forget what, and who you're doing this for. Remember to always to take your profits, DYOR, and invest only what you can afford to lose. My stuff is never any financial advice, i just post my opinions of stuff that i am on, goodluck, and happy holidays!
ETHUSD Will Go Higher From Support! Long!
Please, check our technical outlook for ETHUSD.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 3,346.7.
Taking into consideration the structure & trend analysis, I believe that the market will reach 3,667.7 level soon.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
ETH Ethereum looks ready for a big move , if it breaks resistance .
Target would be around 10-11000$ .
ETH Prediction Updated The price will continue its correction and after that will test its upper resistant which needs more inflow of money and large Volume to considering New Bullish Trend
ETHEREUM 1 HR ANALYSIS 🚨 ETHEREUM 1-Hour Analysis 🚨
Here’s what we’re watching:
📈 Upside Targets:
• TP1:3400
• TP2: 3450
📉 Downside Targets:
• TP1: 3300
• TP2: 3266
So we have to watch out for $3370- $3350 level. If ETH stays below then you can target downside targets and if above then you can target above levels mentioned as TP(take profit)
Keep an eye on key levels and trade smart! 💹
What’s your take? Drop a comment below and share this with your trading crew! 🚀
ETHUSD Ethereum has very important levels. If we breakout of the 3600 level in the later term, we will continue the uptrend.
ETH Supercycle?I've tried many different Elliot Wave counts but so far this is the one that suits best to me. Of course this has to match with the BTC supercycle, otherwise it'll get invalidated. Let's see.
Ethereum Bullish Penant Reforming... Price Target 10-18kMacro log perspective on ETHUSD shows a massive bull pennant forming since April 20, 2017
Pole height: ~$400
Breakout around ~$350 (conservative)
Price target: $750
Major support: $300
Data From ptk921
Real Height: $1400
History is repating itself
Macro log perspective on ETHUSD shows a massive bull pennant forming since November 30, 2021
Pole height: ~$4800
Breakout around ~$3750 (conservative)
Price target: $10-18k
Major support: $3000
Realistic Height: $14000
The Fib Retracement Illustrates this perfectly.
Solid R:R Here
ETH monthly analysis how is it lookingPossibly some more weeks of sideways action before reaching new ATH for ETH...
Eth and Btc narrow rangesRising wedge patterns appear to be forming - Btc needs to reject at just below $100k and Eth around $3600 for the pattern to play out and the price to drop significantly - The timing should coincide with the monthly candle - If the market is kind it gives the longs a last chance to get out...
Ethereum Eliot Wave continuation pattern.Ethereum is still intact on its bullish continuation pattern. Since it creates a healthy pullback for its 2nd wave, we'll see if the 3rd wave will be valid in the coming weeks. Overall, the Eliot wave with a target of 8k on its 5th wave remains intact.
Daily Analysis of Ethereum – Issue 239The analyst believes that the price of { ETHUSD } will decrease in the next 24 hours. This prediction is based on quantitative analysis of the price trend.
Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
Etherium might surprise everyone. BINANCE:ETHUSD / 1D
Hello Traders, welcome back to another market breakdown.
BINANCE:ETHUSD is showing strong bullish momentum after the BINANCE:BTCUSD breakout above 69K. However, the price of ETH is still in a trading range. Hence, instead of jumping in at current levels, I recommend waiting for a pullback into the middle of the range zone for a more strategic entry.
If the pullback holds and buying confirms, the next leg higher could target:
First Resistance: Immediate levels formed during prior consolidation.
Second resistance: All-time high around 5000.
Stay disciplined, wait for the market to come to you, and trade with confidence!
Trade safely,
Trader Leo.
