Weekly outlook Sep 2-6 $ETHCRYPTOCAP:ETH still lagging behind. Alts in general will enjoy a beating as BTC chops/declines.
$2k retest is on the horizon.
ETHBULLUSDT trade ideas
ETH USDTETH USDT SPOT
GREEN LINE Buy
Long term
TP 1 : 5.000
TP 2 : 7.900
TP 3 : 9.800
In this signal, you have to be patient until the purchase points are activated, it is for investment purposes
I didn't use a lot of lines, it's very brief so that you can understand the buying and selling points more easily.
Ethereum (ETH): Resistance Holding Strong!For the last week, the price of Ethereum has held nicely the broken zone, which has now turned into a resistance zone.
We have seen multiple rejections so far and sellers are not giving back that zone to buyers, which gives a possibility of further movement to lower zones here.
Swallow Team
Ethereum (ETH): Bulls Are Getting Exhausted!Ethereum buyers have been suppressed by sellers, where we see that yesterday's green candle has seen a rejection and now is back in the hands of sellers.
We are looking here more at Bollinger Bands, where the gap has been normalised after it was exploded wide open (thanks to the dump).
If we manage to close current daily in red with big body, we should see that touch to support zone happen this week!
Swallow Team
ETHUSDT SHORTETHUSDT
SHORT
PLEASE DON’T BE GREEDY
ENTRY POINT : yellow point
TP : blue lines
SL :
below red line for LONG POSITION
above red Line for SHORT POSITION
INSTRUCTIONS:
FOR risk and money management:
5% of your wallet for LEV X ≤20
And
3% of your wallet for LEV X ≥ 20
like, boost, be followers and above all, comment on the assets on which you would like to have ideas
PLEASE DON’T BE GREEDY
ETH LAST UPDATE CAN BACK T 2700HELLO GG HOW ARE U !
ETH LAST UPDATE CAN BACK T 2700$
because ORDER BLOCK IN 2500$
let hum go
2024-09-03 ETHUSDTFollow this week and take long opportunities; There is a stop signal in the range of 2475-2386, so you can go long. If we directly break through the current resistance and wait for high altitude
ETHUSDT SHORT IDEAhi everyone eth seems very very weak to be honest. thats why i do not believe that it will go in channel and hit the top of channel. instead of, it probably rejects from the bottom of the channel. thats why i set up short position.
entry : 2527
stop : 2600
target : 2100-2200
ETHUSDT1. ETH is showing strength here and broke downward resistance with held support.
2. I remain bearish overall in the market however the bear bull battle is not done.
3. Short Liquidations outnumber longs 3:1 on ETH. Bears over did it on ETH
4. Bullish divergence on the RSI is another confirmation.
$2,500 Zone has supported $ETH many times.$2,500 Zone has supported CRYPTOCAP:ETH many times.
This $2.5K zone is a saviour from Ethereum's fall. If this zone breaks, this baby may rally further south.
For now, we are likely to see positive move before breaking the current support zone.
Can the bull even ride it to $2400?
Ethereum shortEthereum bounced off the upper boundary of descending channel. Asset bounced off the resistance level. Bearish movement to support level 2405 is expected to happen.
ETH - Make Or Break!The two roads diverged in a yellow wood :)
Critical area for ETH at the moment around the $2,500 round number.
Break above $2,600 for a bullish reversal towards $2,900.
Break below $2,400 for a bearish continuation towards the $2,000.
Which scenario do you think is more likely to happen first and why?
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Ethereum (ETH): Next Major Movement Will Happen Soon!On a daily timeframe, we are looking for that support zone where we had our last liquidity grab.
This zone will decide the next major zone where breaking it would mean a nice Dowwnard movement breaking all lows here but seeing the price securing this zone we will see a bounce towards the 200EMA zone!
Swallow Team
Ethereum Analysis by the Mallicast TeamThe Mallicast team has conducted a recent analysis of Ethereum and concluded that, on short-term timeframes, an upward trend is expected for this cryptocurrency. Based on the analysis, Ethereum is projected to move towards a price of $2806.40, indicating a potential for significant price increase in this period.
This bullish trend suggests strong demand and possibly continued growth in the price within this timeframe. Investors and traders should closely monitor the market trends and make decisions accordingly. Additionally, it is advisable to employ appropriate risk management strategies to effectively capitalize on market fluctuations
EthereumHi guys
We are at the bottom of the upward channel. On the other hand, the amount of Ethereum in the centralized exchange has reached the lowest historical level. It seems that investors are not sellers at these rates.
In the four-hour time frame, it seems that with the consumption of the $2408.3 support area, we can expect a downward trend similar to the scenario from the specified resistance range.
On the daily time frame, according to maintaining the support area and ascending channel, provided that the ascending trend line is maintained, the price area of $2250 can be attractive for buying.
what do you think?
ETH EXPERIMENTAL LONGJust for fun going long her with leverage. :)
gotta feeling this week will be bullish for alts.
#yolotrade BINANCE:BTCUSDT BLACKBULL:US30
ETH Update - 02.09.2024 / Local UpdateAt 4h: we observe trading under the lower boundary of accumulation and formation of seller and liquidity imbalance zones from above behind the highs and the upper boundary of accumulation.
At 1h: here I expect either a liquidity re-sweep from the low or an inversion and a move to liquidity at the local high.
Stick to your risk managment!
Ethereum (ETH): Looking For A Touch To 200EMAEthereum is looking interesting where we noticed a good bullish trend here where we have been bunching from one side to another side.
What makes it interesting this time is that near the supportive line we also have a 200EMA sitting at, which is giving additional support to the zone.
We are looking for this zone to be tested and a possible upward movement from there to happen.
Swallow Team
ETHUSDT LONGETHUSDT
LONG
PLEASE DON’T BE GREEDY
ENTRY POINT : yellow point
TP : blue lines
SL :
below red line for LONG POSITION
above red Line for SHORT POSITION
INSTRUCTIONS:
FOR risk and money management:
5% of your wallet for LEV X ≤20
And
3% of your wallet for LEV X ≥ 20
like, boost, be followers and above all, comment on the assets on which you would like to have ideas
PLEASE DON’T BE GREEDY
ETH/USDT: DAILY TECHNICAL ANALYSIS!!Hey everyone!
Appreciate a like and follow if this analysis helps!
ETH is currently trading around $2400 level. It forms a symmetrical channel in the daily time frame and approaches towards the channel's lower trendline.
As you see in the chart, it has a strong support of around $2100-$2300 level (Green Box). After we test this support, expecting a good bounce in quarter four of this year.
All we need to survive the next 20-25 days patiently. After that, we will see a huge upside in the crypto market.
What are your thoughts on Ethereum's current price action? Share your analysis in the comments!
ETH/USDT 4-HIOUR CHART UPDATE !!
ETH/USDT is currently trading at $2,448, down by 0.07%. On the 4-hour chart, ETH shows signs of weakness after breaking down from a rising wedge pattern, a bearish signal suggesting a potential downside. Immediate support is around $2,395, with a more significant support level near $2,165, where a long-term trendline may provide a strong base. Resistance is seen at $2,580, and a break above this could shift the trend back to bullish. However, failure to hold above support levels might push ETH towards lower zones, potentially targeting the $2,100 area. Watch for volume confirmation on any breakout attempts.
Note: This is not financial advice. Stay tuned for further updates and analysis. Thank you!
#ETH Descending Triangle📊#ETH Descending Triangle📈
🧠From a graphical perspective, we have an opportunity to form a descending triangle near the buy zone. Maybe we need to be more patient and wait for a breakthrough after the price is compressed to the extreme.
⚠️When trading within this chart, we should try to be as conservative as possible, and learning to be content should be a good choice. Therefore, our long order yesterday automatically locked in the main profit after completing TP1. Congratulations to our friends who followed Wolf King to print money. 💰🍻
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
BITGET:ETHUSDT.P
Eth big DUMP! $2250-$2000 Tonight.I just made a bitcoin short idea and honestly after seeing Eth I have to make one for it as well. I am mixed between the 2. Eth looks cleaner for me and at a safer level compared to bitcoin right now.
Bitcoin is still correcting its showing signs that it can give way any moment though
Am not gonna fomo though and get in too early. I would like my entry be a confident one at the end of this hour or a bit later.
When its ready and I enter I expect it to start melting right away with little to no draw down. There's no eth volume to support price right now on the weekend and it has lost major support levels.
Where I marked off on the chart for tp is where I anticipate that price could probably find some support.
Final verdict. I asked my younger which he like better eth or bitcoin and he says eth. And I agree. The RR will probable be bigger if bitcoin was to fall to $56000 or lower
at current price eth is roughly 8RR to $2250 and 16 RR to $2000
Time to lock. I'll post when I enter
