continueOops, I'm still waiting for it to go down/a gap around $3000 must be filled to go up/after it's filled, we'll wait for signals and reactions
ETHBULLUSDT trade ideas
Ethereum (ETH): ETH At $3,300 - Possible Re-Test of $3,000Ethereum has reached a major resistance zone, where we’re already seeing some signs of weakness.
Our plan is simple: we want to see a move down to the lower CME (around $3000). From there, we’ll closely watch for either a bounce or a further push to lower zones.
This slight downward movement would have a healthy impact on ETH, resetting a few indicators and potentially setting up for a continued move to upper zones.
Let’s wait and see! 😉
ETHUSDT Aims for New High: Will It Reach Target of 3,974 USDT?Ethereum (ETH) is making waves in the crypto market as it broke out of its long-term consolidation zone, creating a strong uptrend. Currently, ETH is trading around 3,134 USDT, recording impressive growth in recent days.
On the daily chart, we can see that ETH has broken above two important moving averages, the 34-day EMA (purple) and the 89-day EMA (orange), indicating that bullish momentum is taking over.
Using the Fibonacci measurement, if the bullish momentum continues, the Fibonacci retracement levels plotted on the chart show important support levels that ETH could revisit in the event of a short-term correction. Specifically, the levels of 0.5 (2,804.34 USDT) and 0.618 (2,910.69 USDT) are likely to be strong support zones, providing opportunities for investors to buy in with bullish expectations as mentioned on the 1-day chart.
ETH broke out, ATH is next targetETH was in a bullish pennant who had already broken out weeks ago but really started to move toward their target after US elections.
I don't believe much in pattern targets because in my experience they're not reached very often but considering that this time the target coincide with last ATH I think it's very likely to be reached. This will only be the first step, I think ETH should go up to 10-12K.
I don't usually trade ETH but I think it will eventually do pull a 3-4x. If you have to buy I would suggest to buy on a retracement since it has pumped for 7 days in a row now.
Good luck
ETH ETFs approved = sell the newsGuys I know what you're thinking which is probably "yeeeeah, ETH ETFs are finally approved, ETH to the moon" but as I said back when BTC ETFs got approved, this won't be the case, at least not right away!
I expect a "sell the news" event because this is just another news after all!
As you can see here (circled drop), the days who followed BTC approval price dropped around 17%, probably in this case it could be more.
I suggest not to touch ETH now until the euphoric moment disappears and we see where we are headed.
Good luck
Ethereum (ETH): Re-Test Before New ATH!Ethereum had a nice exit point from the sideways tunnel below 200 and 100 EMAs.
As of now, while the whole market is breaking major zones, so did the ETH, where we broke the sideways zone, and also both EMAs (which now need to be secured).
We are looking for a possible re-test to happen to lower zones here and then a good upward movement to follow up!
So we aim to see price move towards $2,800 to re-test the broken zone and EMAs after what we might see price as high as $3,500-4,000 (with time)
Swallow Team
ETHUSDT: Strong Bullish Breakout with Target at $3,550ETHUSDT has recently shown impressive bullish momentum, breaking out of a prolonged descending channel. Currently trading around $3,171, Ethereum has surged past key resistance levels, signaling a potential continuation of its upward trajectory.
The breakout from the descending channel suggests a bullish reversal, with a likely target near the $3,550 mark (highlighted in the green area). This target aligns with the upper boundary of the channel and represents a major resistance level.
Technical indicators and moving averages support this bullish outlook, as Ethereum gains strength above its moving averages. Traders looking for long positions may consider buying on any minor pullbacks toward $3,000, aiming for a target of $3,550.
Ethereum long to $3500+ todaySo I just scaled into an eth long I was in. That idea comment section is
getting a bit crowded so decided to make a new idea.
Its still viable as a completely new positions if anyone wants to enter just that RR will be lower
I anticipate bitcoin to pump to 85k today which would be roughly a 5% pump and eth I expect no less in terms of correlation. So the TP is open on ethereum but I'll probable take off partial maybe 70% profit at $3500 point given all goes well.
I'll update below my trade management when its time.
This is trend continuation trade going with the momentum but not just any continuation....a Bull run weekly candle breakout trend continuation.
Ether PREMIUM 5X SHORT Updated—192% PotentialGood evening my dear friend, reader and follower,
In a previous publication for ETHUSDT I made the mistake of making the first target too long, it was too far away from the entry price. While any advanced trader can ignore this and secure profits once in the green, it was still a mistake.
Here I would like to correct this by publishing an update on the ETHUSDT (Ether) SHORT with a better set of targets (support levels) and an improved entry price; market conditions stay the same.
➖ Technical analysis
We have a major correction developing out of the March high, and the August crash led to a bearish flag.
ETHUSDT tested MA200 as resistance, so far it holds. The whole dynamic is bearish and we expect lower prices in the ensuing days.
If you notice the advance from October 2023 through March 2024, you can see small candles, slow and steady growth. If you notice the last three days, you can see very strong big candles, a market reaction, inverted correction, not a new impulse; down we go next.
Full trade-numbers below:
____
SHORT ETHUSDT
Leverage: 5X
Entry levels:
1) $3,250
2) $2,800
Targets:
1) $2,755
2) $2,635
3) $2,530
4) $2,435
5) $2,295
6) $2,150
7) $1,955
8) $1,795
Stop-loss:
Close weekly above $3,333
Potential profits: 192%
Capital allocation: 3%
____
Remember to do your own research and planning. I am not responsible for your actions, we are all adults.
This information is shared for learning and/or entertainment purposes, should not be construed as financial advice.
Thanks a lot for your continued support.
Namaste.
ETH Long : Trend ResumptionBears tried, and failed to bring the price down .
50 day MA acting as support.
Good potential for another long swing trade up.
The Banana Zone Series - ETH Buy the Dip Levels (2 of 10)The Banana Zone Series - ETH Buy the Dip Levels (2 of 10)
Alt-season is here. BTC breakout has been confirmed. If you missed positioning for the next level of exponential moves, what are some of the buy the dip zones while still have time for the bigger moves into the banana zone.
We continue the series with Ethereum ( CRYPTOCAP:ETH ).
As you can see in my analysis, pull backs to $3040 and below is my new accumulation zone. I will initiate some leveraged longs for new trades in preparation for the moves to the banana zone in the alt season.
For more aggressive traders, $3121 and below can be the trigger longs with tight stops.
Not a financial advice so DYOR.
Eth weekly chart analysisEth weekly chart analysis
if Eth manages to close weekly candle above 2500 $ after 2 days i am likely sure with in October
i am 100 % sure we will touch 3500 $
cheers and happy trade stop loss below close 2000 $
like share follow
Will ETH repeat BTC's strong upward move?ETH in a key place, currently fighting with strong resistance at the level of $3,247, this is a key place before the upward movement to around $3,561, which is the last place before the movement towards a very strong resistance zone from $3,948 to $4,102, which is a key place before the establishment of the new ATH.
Looking the other way, there is currently a strong upward movement, which may give a moment of relief and here there is support at $2,816, then there is strong support at $2,546, and then the price could go back even to around $2,117, which in the current situation is an unlikely move at this point.
Ethereum 6 months analysisEthereum price drops are more than other digital currencies and due to the stop of price drops in this area, it can be seen that investors are buying Ethereum and this stop and these purchases will increase this currency in the coming months
The first target for Ethereum price will be $3000 and the next target will be $3500.
Sasha Charkhchian
ETH - BUY SETUP (OCT 2024)ETH - BUY SETUP (OCT 2024)
The technical analysis suggests this coin offers a good buying opportunity, with price action and indicators showing positive trends. However, consider crypto market volatility and manage risk before investing.
Ethereum: Bullish Targets of $10K to $15KETHUSDT Technical Anlaqysi update
Ethereum has been consolidating within a symmetrical triangle for approximately 1,500 days. This long-term pattern has seen the price consistently oscillate between support and resistance levels, gradually narrowing. Currently, ETH is rebounding off the triangle's support trendline and appears to be approaching the resistance level, suggesting the possibility of a breakout.
If CRYPTOCAP:ETH manages to break above this resistance, a strong bullish move could ensue, with potential targets around the $10,000 to $15,000 range. The breakout from this multi-year triangle formation could signify a significant upward trend for $Ethereum.
BINANCE:ETHUSDT BITSTAMP:ETHUSD BINANCE:ETHUSDT.P
ETH Update🕯There is a great opportunity - buy Ethereum at the $2150 - $2200 support level.
❓As you can see, this level acted as a resistance through the whole 2022 - 2023 bearish market. It must hold, otherwise bull cycle is done.
📊Since this is a major asset, you can even consider using x2 - x5 leverage for this trade.
ETH Eyes $3,000: Bullish Breakout Signals More Gains AheadBINANCE:ETHUSDT has recently broken out of a descending channel, surging above the 2,900 USDT level. This breakout suggests a strong bullish momentum, with the price now targeting higher resistance levels.
The next key area to watch is the support zone around 2,800 USDT (highlighted in purple). If ETH pulls back and successfully retests this zone, it could confirm the breakout and set the stage for another upward move, possibly toward the 3,000 USDT mark or higher.
This setup indicates a bullish outlook for ETH, with the support level at 2,800 USDT acting as a potential entry point for traders looking to capitalize on the next leg up.
Ethereum price rise might give green light to the new altseasonHello traders,
Ethereum price started to recover after a prolonged fall.
Ethereum recovery is on early stages and at the moment it's need more confirmations.
ETH price slowly approaching its main resistance to date and it will be big test if the price manages to rise above it or not.
In case if ETH manages to breakout above 3000 resistance area and hold there then we can expect continuation of the uptrend.
But in case if ETH price fails to do so then we probably will see another correction to around 2400 area. I don't expect this correction to last long though.
As we are approaching Q4 2024 I expect overall crypto market recovery and the main drivers of this recovery should be Bitcoin and Ethereum.
One more thing, historically, every altseason begins from ETH price recovery and growth of ETH dominance, after that liquidity start to flow to other altcoins. I expect this to be true in Q4 2024.
Please, do not forget to boost this idea and leave your comments below, thanks.
ETH Price Holds Steady at Key Support LevelETHUSDT Technical analysis update
ETH price has been trading within a triangle pattern for the past 85 days, with multiple touches on both the resistance and support lines. A breakout is likely soon. If the price breaks above the resistance line, a strong bullish move could follow. However, if it breaks below the support, the price may drop to the $1,800 - $2,000 range.
ETH price has formed a triangle pattern at a strong 2-year support line.
In weekly charts 100 and 200 EMA acts as a strong support for ETH.
Currently, the ETH price is trading at a strong support level, indicated by multiple technical indicators. We can expect a bounce from this level after a few days of consolidation
Regards
Hexa
Ethereum Breaks $31000 BarrierEThereum has offically crossed the $ 3000 mark reigniting bullish momentum in the market this marks a significant milestone as ethrerum pushes beyond key resistance levels with renewed cofidence among traders and investors alike.
Chart Overview
The price action shows ethereum building a strong demand zones and breaking through the $3 ,000 resistance. key bullish patterns and liquidity grabs have fruther upside potential.
whats Next?
As Ethereum trades above this critical psychological level the next targets to watch are $32000/$34000 and potentialy $38000 if the momentum continues . However keep an eye on the potential pullbacks the market remains highly volatile
#ETHUSDT #Ethereum
Ethereum (ETH): Possible Switch of Trend (Upward Movement)Elections have had their own impact on Ethereum, where we are yet far from the ATH zone, but we are seeing some improvement in the price action.
With the recent high volume break of resistance (which has been re-tested as well), we are now switching here to a different strategy where we are looking for slight upward movement to happen on the ETH coin.
We are expecting the price to touch the CME gap after what we want to see some smaller correction (which should not go past support zone) in order to correct the overbought RSI.
This would give us a good possible buy opportunity on the coin, so keep our attentions on both support and resistance zones for now!
Swallow Team
