ETH around resistanceOn the weekly chart, you can easily identify what is happening now. Ethereum has just hit a significant resistance zone (Value Area Low of the wider range + anchored VWAP from August 2023). I have outlined both scenarios that could occur now and the targets for both directions.by shoshitrades2
Ethereum - Looking To Buy Pullbacks In The Short TermH1 - Bullish trend pattern Currently it looks like a pullback is happening Until the strong support zone holds my short term view remains bullish.Longby VladimirRibakov3
Ethereum Breaks Range Resistance: Bullish Rally Incoming..?Ethereum has recently broken free from its range-bound trading pattern, a significant development that indicates potential upward momentum. The current focus is on sustaining this price movement above the established range, which could signal a shift in market sentiment. If this upward trend continues, the first target for Ethereum's price is projected to be around $3,540. This target level could serve as a pivotal point, influencing traders' decisions and market dynamics in the days to come.Longby Kartik_Elkunchwar5
Altcoins season !ETH has been consolidating within the 2,300 to 2,900 range since August 2024. Yesterday, it saw a strong bullish rebound in the 2,300 - 2,500 area. We’re now looking for a decisive breakout above the 2,800 - 2,900 range. Should ETH break and hold above this level, we anticipate it could spark upward movement in other altcoins too.Longby EL_STOCKTROOPER2
Road back to 4,000 then New ATHBitcoin done it again since trump won election but feeling everybody has there eyes on Ethereum right now and so do i. So slowly breaking the major resistance but theres 1 more resistance left which is in 2,820 zone; once that breaks to push up higher it will get back to 3,000 Which means it's possible to reach back to recent ATH. But now ethereum is a little slow but slowly breaking the resistance so it takes time be sure to use proper risk management so you wont get Spiked out. If you had bought the Ethereum in the last few hours or last night then you will be fine; The take profit i placed pay attention to those its up to you when you like to take it but be sure place the stop loss at 2,635 that is the safe play. That is all i have to say and donald trump going to make everyone rich we will see. First break thru the resistance and get to 3,000, then road back to recent ATH inside the 4,000 area and lastly we should expect a new record of ATH back-to-back I will have another post related to this and lets make this moneyLongby JoyBoyVegae4
Ethereum long view +2700Ethereum on the verge of returning above the $2700 level. We also expect to see the formation of a new October high, with a target of $2800.Longby Aleksin_AleksandarUpdated 229
Ethereum - This Is The Last Buying Opportunity!Ethereum ( BITSTAMP:ETHUSD ) is still super bullish: Click chart above to see the detailed analysis👆🏻 Despite the correction of about -50% which we saw over the past couple of months on Ethereum, market structure and price action is still overall bullish. Ethereum is currently creating a bullish break and retest with a potential move of +60% towards the upside. Levels to watch: $2.000, $4.000 Keep your long term vision, Philip (BasicTrading)Long03:15by basictradingtvUpdated 141461
Ethereum is about to surge- update on this analysis: - monthly timeframe is incredibly clear: bears spent 4 months trying to take ETH down but monthly kumo held as rock solid support each and every time - with buyers showing their conviction, it is now time to test the short sellers - targets north of 3.5k likely Longby Mansasuma1
ETH: Short Term Market Analysis for 11/06/24This is my personal opinion and is intended for educational purposes only. Please consult your financial advisor before making any decisions. Time frame: 15min The market's rising wedge formation remains intact. Following the successful absorption of the 2660-2666 order block, focus shifts to the monthly Point of Control (POC) at 2620.0. A breach of this level may trigger a corrective decline to fill the underlying imbalance at 25700.Technical studies indicate elevated bearish divergence and overbought conditions, increasing the likelihood of near-term reversal. Shortby avatarfreak2
ETH High Timeframe OutlookWe can only trade what we can see. We don't predict the future. And we don't have a crystal ball. We can only take small risks on a highly probable outcome. Follow for more trading insight. by thechrisjuliano2
Ethereum is up 8% today, closely following the trajectory laid o www.tradingview.com While many look to the election results for market direction, our subscribers already know that the answers are written in the stars 🌌. Osher’s Astro Live Chart has accurately predicted these movements, offering insights into what’s unfolding far beyond day-to-day news. If you want to see what’s coming for Ethereum and other major markets until March 2025, consider joining Osher’s Astro Live Chart. Get real-time, astrological insights that guide you through the market’s ups and downs with foresight and clarity. 🌠✨ 🔗 Check out Osher’s Astro Live Chart here: ecoscopia.netLongby OsherAstrology2
ETHUSD Trade LogTrade Setup (2/11/2024) - ETH Short in 4H FVG 1. Setup: Enter a short position within the 4-hour Fair Value Gap (FVG), using this area as a potential resistance zone for a bearish move. 2. Entry strategy: - Target: 1:2 RRR. - Risk: 1% of account. - Entry confirmation: Wait for the price to move into the 4H FVG and show bearish signals, such as a reversal pattern or rejection wick, before entering. 3. Stop-loss and take-profit: - Place stop-loss above the upper boundary of the 4H FVG to protect against an unexpected breakout. - Set take-profit at twice the stop-loss distance to achieve a 1:2 RRR. 4. Additional considerations: - Monitor for market events or news that could impact ETH volatility. - Ensure that price action aligns with bearish signals within the FVG for a higher probability of success. Shortby FonderaUpdated 0
ETHUSD Trade LogTrade Setup (2/11/2024) - ETH Short in 4H FVG 1. Setup: Enter a short position within the 4-hour Fair Value Gap (FVG), using this area as a potential resistance zone for a bearish move. 2. Entry strategy: - Target: 1:2 RRR. - Risk: 1% of account. - Entry confirmation: Wait for the price to move into the 4H FVG and show bearish signals, such as a reversal pattern or rejection wick, before entering. 3. Stop-loss and take-profit: - Place stop-loss above the upper boundary of the 4H FVG to protect against an unexpected breakout. - Set take-profit at twice the stop-loss distance to achieve a 1:2 RRR. 4. Additional considerations: - Monitor for market events or news that could impact ETH volatility. - Ensure that price action aligns with bearish signals within the FVG for a higher probability of success. Shortby FonderaUpdated 1
Bitcoin hits new ATH; Ethereum its your turn Bitcoin hits the record ATH $75K Ethereum hasn't hit ATH for awhile now but now its time to hit ATH; Target to hit is $5,000 then lastly $6,000. Congrats to trump won the election Longby JoyBoyVegae1111
$eth starting slow but will finish strongconfluence this cycle is eth is lagging CRYPTOCAP:SOL and CRYPTOCAP:BTC which is not good for this chain. as a dominant player it will still run for now. but im not holding much eth spots as i have become a sol maxi. Longby NerdFox1111
Huge Bullrun for Ethereum The support was strong and still taking its bullish over; bears are weaking. Today is the election; Trump and RFK are the only 2 presidents who support crypto; if trump ever wins the election the whole entire crypto market will skyrocket; Im not going to say much because we all know whats going to happen in the election; Bitcoin will road to hit $95K or $100K .. but it will go alot higher. Ethereum on the other hand will hit EUROTLX:4K , $6K and then $10K. Buy at your own riskLongby JoyBoyVegae2
Analyzing the Relationship Between Ethereum and the S&P 500The Fractal Theory and Crypto The financial markets, often chaotic and unpredictable, can sometimes reveal patterns that repeat themselves over time. This concept, known as fractal theory, suggests that similar patterns can occur across different time frames and asset classes. In recent times, some analysts have drawn parallels between the price movements of Ethereum (ETH) and the S&P 500 index. The S&P 500 Fractal and ETH Ethereum's price action may be following a similar pattern to that of the S&P 500 index in 2020. If this fractal theory holds true, it could have significant implications for the future price of Ethereum. The S&P 500 index experienced a sharp decline in March 2020, followed by a V-shaped recovery. If Ethereum were to follow a similar trajectory, it could potentially surge to new all-time highs. Key Factors Influencing ETH's Price While the fractal theory offers an interesting perspective, it's important to consider other factors that could influence Ethereum's price: 1. Network Upgrades: Ethereum's ongoing development, particularly the highly anticipated Shanghai upgrade, could significantly impact its price. This upgrade is expected to unlock staked ETH, potentially increasing market liquidity and driving demand. 2. Global Economic Conditions: Macroeconomic factors, such as interest rates, inflation, and geopolitical events, can influence the overall market sentiment and impact the price of cryptocurrencies. 3. Regulatory Environment: Regulatory clarity and favorable policies can boost investor confidence and fuel price appreciation. Conversely, stringent regulations could dampen market enthusiasm. 4. Institutional Adoption: Increased adoption by institutional investors can provide significant support to Ethereum's price. As more traditional financial institutions recognize the potential of blockchain technology, they may allocate a portion of their portfolios to cryptocurrencies. Potential ETH Price Prediction Based on the fractal theory and other factors, it has been predicted that Ethereum could reach a price of shortly. However, it's crucial to remember that price predictions are inherently uncertain and should be taken with a grain of salt. Conclusion While the fractal theory provides an intriguing framework for analyzing Ethereum's price movement, it's essential to consider a range of factors that could influence its future trajectory. As the cryptocurrency market continues to evolve, staying informed and making informed investment decisions remains crucial. Disclaimer: This article is for informational purposes only and should not be construed as financial advice. It's important to conduct thorough research and consult with a financial advisor before making any investment decisions. Longby bryandowningqln1
Time to moon, ethereum has bottomed outI've been following Benjamin Cowen for 3 years and damn gotta say it: the guy is a genius. However, I don't think Ethereum is hitting 1.2k as he suggests. If Donald Trump wins tonight, Doge will skyrocket as Bitcoin dominance has already peaked at 60%. Just today, someone bought more than 1 billion doge coins on Binance. It's getting crazy. With that said, I think that even though we're still around 60 days away from the restart of QE and the business as usual following the 259 day after bitcoin halving official start of Altseason date, this cycle could get front run and anticipated as people seek first mover's advantage. Better to not wait till the last minute. Everything is highly anticipated this cycle, from Bitcoin reaching previous all time highs and staying up there for 7 months straight to the crazy volatile election day today. If you want to try to accumulate here, good luck with that and yes, do wait until Thursday to see what the Fed is up to, otherwise it's a good idea to start hedging here or you'll risk getting sidelined and missing the upcoming 2025 all star season, specially now that ETFS for Ethereum are live.by axelrodd7
Road to $6KThe support is strong and it kept the same distance Strong buy area where is at Suggest buy at 2,435 area or before 2,440; those are the good buy zone; Set stop loss at 2,420 or 2,415 just to be safe Take profit at 6,000 maximum. Or take profit at your own risk. Longby JoyBoyVegae4416
Oct.29-Nov.04(ETH)Weekly market recapLast Friday, the non-farm payroll data fell significantly short of expectations, leading to a substantial increase in interest rate cut anticipations. The price of ETH surged before retreating, with the majority of traders attributing the disappointing data to the impact of the hurricane, as the market response was less than favorable. Currently, the differing expectations regarding monetary policy and future inflation between the two candidates in the U.S. election make the election outcome pivotal for the mid-term trajectory of BTC, while also impacting the price of ETH. Should Trump be elected, the promised favorable policies may come to fruition, increasing the likelihood of institutional investments in BTC, thereby enhancing its fundamentals as digital gold. Conversely, if Harris takes office, the SEC is expected to maintain its stringent stance on cryptocurrency regulations. Last week, ETH experienced an initial rise followed by a decline, but the overall fluctuations were minimal, remaining within a consolidation range without any significant trend. The WTA indicator showed blue bars representing whales, which disappeared after Saturday, indicating a withdrawal of substantial capital. The ME indicator continues to reflect a bearish trend. In summary, we anticipate that ETH may continue to oscillate this week. We maintain our previous resistance level at 2800 and support level at 2200. 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 Sypool111
ETH USD ETH USDT bounced back from 2450$ area. Close long and wait for chance to get entry arround 2350$--2360$ #ETH #usd #cryptoLongby Exness_Forex_Trading0