NEW IDEA FOR ETHEthereum has broken the ceiling of the ascending channel in the range of 2532-2561, and now after the pullback it can increase as long as the length of the first ascending channel to the resistance of the ceiling of the second ascending channel in the range of $2783.Longby arongroupsPublished 10
Will Ethereum Break Free?The next few days will be interesting for Ethereum traders and HODLers. The price has been stuck in a large sideways pattern for roughly 70 days and has formed a shorter triangle pattern over the past 54 days. Following such consolidations, a strong breakout is often expected, making Ethereum particularly intriguing right now, especially as Bitcoin attempts to exit its own consolidation phase. For Ethereum, the price is confined within a triangle pattern. The downward trend line is drawn from the highs of August 24th, September 27th, and October 15th, while the upward trend line connects the lows of September 6th, October 3rd, and October 10th. These two lines form the triangle, and a breakout could lead to a potential gain of $619—about 23%. However, triangle patterns can be unreliable, which is why we also focus on the high from September 23rd at $2,710. A break above this level would confirm the triangle breakout and strengthen the likelihood of a successful move. After the breakout, the key is that the price shouldn’t fall back into the pattern too deeply. For example, trading below $2,584 would negate the breakout and signal that the price might remain within the pattern. 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.by ThinkMarketsPublished 7
$10k+ is inevitable for #ethereum ⚡️ $10k+ is inevitable for #ethereum ⚡️ CRYPTOCAP:ETH is the pioneer of #altcoins ⚡️ #alts mega rally will start led by #eth by EtherNasyonaLPublished 3315
Optimism Grows for ETHUSD Bullish ContinuationHello, BITSTAMP:ETHUSD has been in a neutral phase for some time, but there’s growing optimism for a bullish continuation. While a short-term downside is possible, the long-term outlook remains in favor of the bulls. TradeWithTheTrend3344 by TradeWithTheTrend3344Published 3
ETHUSD is so bearish.. triangle of ABCDE is going to be broken!My view on ETHUSD is bearish for the moment. The upside movement since last week did make a lower high and lower high, completed its triangle of ABCDE. Most of this pattern is the sign of continuation, which is to the downside. SELL around this level with the STOP just above the "c" is a safe bet, offers very good R:R. Good luck! CHEEERRSS!Shortby steveivanPublished 232317
ETH IS GOING TO CATCHUP TO BTC #ETH to catch up on CRYPTOCAP:BTC and rise up to $3500📈 Imo CRYPTOCAP:ETH completed it's local accumulation and ready to switch the short-term trend for the Bullishby OmarDotComPublished 7
Ethereum - Buy It Now Or Never!Ethereum ( BITSTAMP:ETHUSD ) will offer a final retest: Click chart above to see the detailed analysis👆🏻 Ethereum is about to retest a perfect confluence of support from which a bullish reversal is almost certain. Following the overall bullish trend, Ethereum should retest the previous all time high next and then maybe even follow Bitcoin and create new all time highs going into 2025. Levels to watch: $2.000 Keep your long term vision, Philip (BasicTrading)Editors' picksLong03:04by basictradingtvUpdated 2929127
"MANTRA ($OM) Breakout Confirmed: $2.80 Next, $3+ in Sight!"NASDAQ:OM is showing strong signs of a breakout! 🔺Ascending triangle breakout confirmed, next target: $2.80 📊Bullish MACD and weekly chart showing solid momentum 💪Despite BTC volatility and alts dipping, NASDAQ:OM stays resilient, growing steadily 📈Once BTC rallies, NASDAQ:OM could shoot past $3 and beyond #OMtober #MANTRA #Bitcoin #NFALongby joeroot15Published 1
Ethereum Breaks Through $2500 Resistance: Will the Rise Hold?Ethereum, the second-largest cryptocurrency by market capitalization, has achieved a significant milestone by breaking through the $2500 resistance levels. This development has positioned the cryptocurrency for further potential gains. The Breakout Ethereum's recent surge has been notable, with the price approaching the $2650 mark. This positive momentum indicates a strong bullish sentiment among investors. The cryptocurrency's consolidation above the 100-hour simple moving average suggests that the upward trend may be gaining traction. Key Resistance Levels However, there are still significant resistance levels that Ethereum must overcome to sustain its upward trajectory. The $2640 level represents a crucial hurdle. If Ethereum successfully breaks through this resistance, it could pave the way for a more extended rally. Potential Targets Beyond $2640, the next major resistance level lies at $2720. If Ethereum can breach this mark, it could open the door for a more substantial price increase. Consolidation at the $2720 level could lead to further gains, with potential targets at $2800 and $2880. Factors Influencing Ethereum's Price Several factors are influencing Ethereum's price and contributing to its recent rally: • Growing Adoption: The increasing adoption of Ethereum-based applications and smart contracts is driving demand for the cryptocurrency. As more businesses and developers utilize the Ethereum blockchain, the value of the network and its native token, ETH, is likely to appreciate. • Institutional Interest: Institutional investors are increasingly allocating a portion of their portfolios to cryptocurrencies, including Ethereum. This growing interest from large financial institutions can provide significant price support. • Technical Indicators: Positive technical indicators, such as the Relative Strength Index (RSI) and moving averages, suggest that Ethereum is in a strong uptrend. These indicators can provide valuable insights into the cryptocurrency's momentum and potential price targets. • Macroeconomic Factors: Global economic conditions and regulatory developments can also impact Ethereum's price. Favorable macroeconomic factors, such as low interest rates and increased liquidity, can create a favorable environment for risk assets like cryptocurrencies. Conclusion Ethereum's recent breakout above the $2500 resistance levels is a significant development. The cryptocurrency's upward momentum and positive technical indicators suggest that further gains may be in store. However, it is essential to remain cautious and consider the potential risks associated with investing in cryptocurrencies. Investors should carefully evaluate the factors influencing Ethereum's price and conduct thorough research before making any investment decisions. The cryptocurrency market is highly volatile, and past performance is not indicative of future results. Longby bryandowningqlnPublished 2
ETH/USD Rallying Alongside BTC..Risk on Market Environments largely affect Crypto. And it's no different now. No shorts, very dangerous.by WillSebastianPublished 7
Ethereum is trash - BULLISHHi, I'm reading this on every news webpage that CRYPTOCAP:ETH bleeds. CRYPTOCAP:ETH is trash. That is the most bullish thing to hear in financial market when you hear things like trash, bleed, dead etc etc. I'm hyper bullish on $ETH. I've accumulated around the price level of $2300-$2200. I want CRYPTOCAP:ETH to turn ifvg into bullish ifvg and that's the point when you put your money. let's wait and see! Longby fakeprincePublished 7
Oct.8-Oct.14(ETH)Weekly market recapLast week, the U.S. CPI data for September was released. Although the CPI figure was higher than expected, it was still lower than the previous value. We believe that once the Federal Reserve enters a rate-cutting cycle, as long as the CPI data does not significantly deviate from expectations, the market will not price in a recession or an inflation rebound. It will generally lead to a positive outcome. After going through an aggressive rate-hike cycle and entering a rate-cutting cycle, capital will no longer need to worry about changes in liquidity. In the early stages of rate cuts, investors will need to consider which market to enter to achieve high returns. We observed the performance of the Chinese stock market at the end of September, and yesterday, the BTC ETF saw an inflow of over $500 million, the largest inflow in the past three months. Capital is starting to flow back into the cryptocurrency market, and this continuous inflow is providing price support. ETH, which had been relatively underperforming, also saw a certain level of pump yesterday, with the price nearing previous highs. However, from the ME indicator, it can still be seen that short positions are dominating ETH. The WTA indicator shows no signs of whale activity. In summary, we believe ETH is likely to experience a week of consolidation. We maintain the previous resistance level of 2,800 and support level of 2,100. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.by SypoolPublished 0
ETH Daily MACD Bullish Signal Signs of a reversal now indicate a possible move up with the MACD bullish crossoverLongby TradingMulaPublished 6
NEW IDEA FOR EHTEREUMEthereum has formed a head & shoulder pattern in the four-hour time frame, and now, after the pullback supported by the neck line in the range of 2476, the price can increase with the size of the ego's height to the resistance of $2653.Longby arongroupsPublished 8
ETHUSD Potential Bearish BatOn the 4-hour chart, ETHUSD stabilized and rebounded in the short term. At present, we can pay attention to the resistance near 2680 above. After reaching it, we can pay attention to the potential bearish bat pattern. If the price breaks through the resistance near 2728, the upward trend will begin.Shortby XTrendSpeedPublished 8
Bearish drop?Ethereum (ETH/USD) is rising towards the pivot and could reverse to the 1st support. Pivot: 2,493.86 1st Support: 2,396.64 1st Resistance: 2,566.10 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Shortby ICmarketsPublished 3315
ETHUSD BUY ANALYSIS DOUBLE BOTTOM PATTERNHere on Ethusd price form double bottom and is about to go up so if line 2522.43 break then trader should go for LONG with expected profit target of 2581.99 , 2657.35 and 2730.27 . Use money managementLongby FrankFx14Updated 11
ETHUSD: Move Up Expected! Buy! Welcome to our daily ETHUSD prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 2,485.6 Wish you good luck in trading to you all!Longby XauusdGoldForexSignalsPublished 112
ETHEREUM ETHUSD Forecast Hi traders. In the past lower flag touched; upper flag( in same scale) must be touched too.by FoxForexVIPPublished 0
ETHEREUM ETHUSD Forecast Hi traders. In the past lower flag touched; upper flag( in same scale) must be touched too.by FoxForexVIPPublished 1
ETHEREUM - SHORT Expecting a rejection of our sell zone. Once entered, stoploss above the highs ( invalidation level ). by TradenessfxPublished 6
ETHUSD Confirm Buy? ETHUSD Confirm Buy? Double Bottom 4H? Buy 1 2459 Buy 2 2451 Buy 3 2447 SL : 2438Longby RobinholdUpdated 662