NOT TA JUST A THOUGHTI think the scenario depicted in the chart is a possibility. i have no analysis to back up this scenario, it is just a thought derived from parallel lines and channels and i believe this could play out.by SforShiraz4
Buy idea on ETHNoticing a potential buy opportunity on eth . . We see a bearish institutional + bullish engulfing on the Daily time frame . . Once CTL's break we could see a move back up to 2700Longby EliSantiago2210
ETHUSD is going +100% up after this bullish cross.Ethereum / ETHUSD in on its 3rd straight green week and if it stays that way, it will be the first 3 week bullish streak since March 4th. The long term pattern is a log Channel Up going back all the way to June 13th 2022. The price bottomed in August and early September on the 1day MA200 and last week we had the first bullish break out as the price crossed above the 1day MA50. This week we are having the second as the 1week RSI is crossing above its MA, with the previous such crossing (Oct 16th 2023), starting the last aggressive bullish leg. The third and final bullish signal will be once the price crosses above the 1week MA50. In our opinion the new long term bullish leg has already started and in early 2025 we can see new ATH, more specifically 5500 at the top of the Channel Up. That will be a +100% rise from the current levels. Previous chart: Follow us, like the idea and leave a comment below!!Longby TheCryptagon1112
Possible try to break 2700ETHUSD pair looks like plan to break 2700. Let's observe it's development. Longby BMYWin1
ETHEREUM BULLISH BIAS|LONG| ✅ETHEREUM made a retest Of the horizontal support Level of 2575$ while trading in a local uptrend and is already Going up again so we will Be expecting a further Bullish continuation LONG🚀 ✅Like and subscribe to never miss a new idea!✅Longby ProSignalsFx118
#Eth 10k+ programmed!#Ethereum CRYPTOCAP:ETH was in its final accumulation phase in August-September 2020 before the parabolic run! In the final accumulation phase in August-September 2024 before the parabolic run!by EtherNasyonaL8
Ethereum to $12,622 – It's Not a Question, It’s a Matter of TimeAlright, let me break it down for you: ETH is heading straight to $12,622 – no ifs, ands, or buts. Why? Because the charts are screaming it. Fibonacci Extensions: The 0.618-0.65 levels are textbook targets for major price moves, and guess where they’re pointing? You guessed it: $12,622. This isn’t guesswork, it’s mathematics. Measured Moves: Look at the last massive rally – a clean 365% move. Now, using that same playbook, we’re looking at a nearly identical run from current levels. This isn’t speculation, it’s straight facts. Bull Flag Breakout: This bull flag is as clear as day, and once we break out, there’s nothing standing in the way of ETH ripping to $12.6K. Bull flags don’t lie, and neither do I. Mark my words – we’re hitting $12,622. It’s not “if,” it’s when. Keep watching. 🔥Longby TheTraderAndy2212
ETH - on the winning track?If we were into crypto and wanted to make a quick buck, we would probably buy Etherium now for around $2600 and hold it. The reason: the Bitcoin/Etherium ratio is at a low point, i.e. if you still believe in crypto market gains at all, now would probably be the right time to stock up on Etherium. To sell it again in time, of course. We think at $3900 or so. We're talking 50% gain until X-Mas! As always, this is not a trading recommendation, just an idea to share. Use your own head and make your own decisions.by ReallyMe2210
ETH USD IdeaIf Bitcoin starts to rally higher from its current level, Ethereum would be a relatively cheap to invest in, either as a spot position or for swing trading. While I haven't traded Ethereum as a day trader, I'm currently holding it as a spot position. This is just an idea for those who are into alts.Longby themarketknight5
ETHUSD Potential for a channel breakoutETHUSDT has been consolidating since the beginning of the month, forming higher lows, indicating increasing buying pressure. On the weekly timeframe, the formation of a double bottom signals a potential reversal. While the market may continue to consolidate, it's likely to establish a range just below the channel border before a potential breakout. If the market breaks and closes above the previous week's high, we can anticipate further upward momentum. The target for this move is the resistance zone around 2597.00, signalling a shift toward a bullish trendLongby RTED_InvestingUpdated 1110
ETHUSD- Swing Trade - Long Buy CallOn Daily TF Bearish Reversal Butterfly pattern has been drawn. $3000 mark is beginning of key reversal zone. No divergence on RSI is present and momentum indicator suggests that trend will continue upwards. Entry : 2600 SL: 2400 TP1: 2800 TP2: 3000Longby Golden_Spur2
Anticipating trades through trading strategyApplied following trading strategy Bullish trend Bearish divergence No continuation pattern Bearish Head & Shoulder reversal pattern No Harmonics pattern Bulls=1, Bears=2 Wait for break out of neckline of right shoulder for taking tradesShortby akyzai7110
Sep.17-Sep.23(ETH)Weekly market recapLast week, the Federal Reserve kicked off the rate-cutting era with a hawkish 50 basis point cut. Although the CME had previously predicted a high probability of a 50bp rate cut, the fact that only one committee member voted for a 25bp cut while all others opted for 50bp was beyond market expectations. Following the announcement, almost all financial assets, except for the U.S. dollar, showed bullish trends. After the rate cut, the value of the U.S. dollar will decrease, which will make stablecoins in the crypto industry more sensitive. They will either hold BTC to mitigate the impact of dollar depreciation or opt to hold other financial assets. Therefore, we anticipate that market volatility will significantly increase in the future. Last week, BTC ETFs experienced net inflows for a period, but as the rate cut event cooled down, traditional capital inflows gradually declined. The ETH ETFs performed even more sluggishly, showing significant net outflows as of yesterday. If traditional funds fail to continue flowing into the market, it could lead to capital outflows within the market. ETH's performance last week was slightly stronger than BTC. However, as the ME indicator reflects, bearish forces are stronger on a larger scale. Similarly, the WTA indicator does not show any significant blue bars. ETH's rise last week seems more like a catch-up rally driven by BTC's increase. In summary, we believe ETH may remain in a consolidation phase this week, with a higher probability of an upward trend than a downward one. We raise the resistance level to 2,800 and maintain the previous support level at 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 Sypool2
ALT Coins are building pressure before next big move MartyBoots here , I have been trading for 17 years and sharing my thoughts on the market. ALT Coins are building pressure before the next big move Long15:36by MartyBoots2213
ETHUSD bullish reversal heading towards decision zoneETHUSD reversed strongly and is heading towards resistance at about 2830. Opportunities: 1. if long stay long and look to take profit at resistance. If we break through its an oppurtinity to re-long into the next price level, which should settle between 2800 - 3600 2. Look to build a short position in the "Short zone" with a tight stop above 2830 3. If you have no position, wait for the price to fall back into the neutral zone and hedge short/long. look to take profit at support around 2100 and resistance around 2800Longby daneski2
ETHUSD SELL @2745On the daily chart, ETHUSD is currently stabilizing and rebounding, and bulls have the upper hand in the short term. Currently, you can pay attention to the area around 2745 above, which is a potential short-selling point for the bearish bat pattern, and this position is in the previous supply area. If the price breaks through the resistance near 2820, the bearish bat pattern will be declared a failure.Shortby XTrendSpeed115
Bearish drop?Ethereum (ETH/USD) is reacting off the pivot and could drop to the overlap support. Pivot: 2,672.26 1st Support: 2,535.71 1st Resistance: 2,791.13 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 ICmarkets1112
ETH low is probably in. Up we goGreetings traders! This is my very first analysis, so feel free to roast me in the comment section :) Ethereum has possibly hit a macro low (and it would be a higher low) and it's ready to go up. Simple analysis based on historical behavior, where ETH has always respected an upward parallel channel from bear market low until bull market top, and breaking down that channel indicated in the past the end of the bull cycle. Some factors to consider: - ETH touched the bottom of the rising channel in the recent flash crash on August 5th at around $2100 and produced a decent bounce. A retest of this level is very possible. - This is a strong horizontal support level, marking the yearly open and the breakout from 2023 accumulation. - Additional support is also offered by the 200 week MA sitting around $2200. - ETH seems to have bottomed against BTC, showing massive bullish divergence at an important horizontal level of support. High chances of reversal soon. - A break below the rising channel would indicate extreme weakness for Ethereum, and possibly a failed bull cycle.. I personally think this is very unlikely. Nevertheless, let's pay attention to that level. Good luck everyone! Longby crypto-rookieUpdated 4411
Rising Wedge, Decreasing Volume -- A Bearish Scenario for ETHUSDOn the 4h timeframe we see a classic Rising Wedge with Decreasing Volume. This usually ends up with a break to the downside. I will be looking for short entries on ETH. Shortby prefabsprout331
Rising Triangle FLAG patternETHUSD pair forming a flag pattern. Possible it plan to challenge 2650, and 2700. Longby BMYWinUpdated 1
ETH: The brave move of Ethereum is on its way.How far will Ethereum extend its uptrend this September, will determine its October performance. by GraciasTerimaKasih1
Ethereum Resistance Starts At $2800Ethereum flashed green on my indicator system on the 9th of September. I don't see much resistance until we move into that $2800 area. Our first resistance area will be that block of sell side pressure which coincides with the 350 DMA. Above that we have the top of our channel which coincides with an area of higher volume according to the VRVP. This is where I will begin watching closely for my indicator system to flash red. Of course, we could always break the top of our channel and continue up. The bulls will have shown a lot of strength to do so. I will try to keep you posted as Ethereum tends to lead much of our altcoin space.Longby stewdamus2
Ethereum Targets $3000 in OctoberEthereum Surpasses $2,500: Ethereum has shown a strong bullish trend, surpassing the psychological mark of $2,500, indicating growing investor confidence. Consistent Weekly Gains: Over the past two weeks, ETH has gained momentum with a 7.53% increase last week and a 5.8% jump the previous week, contributing to its upward trajectory. Falling Wedge Breakout: On the daily chart, Ethereum has broken out of a falling wedge pattern, a bullish reversal signal suggesting continued upward movement. Six Consecutive Bullish Candles: The price action reveals six bullish candles in a row, accounting for a 15.67% price jump over seven days. Surpassing Key Resistance Levels: ETH has surpassed the 23.60% Fibonacci level and the 50-day EMA, reinforcing the bullish sentiment in the market. Current Trading Status: Ethereum is currently trading at $2,654, with an intraday gain of 2.91%, maintaining dominance above the 23.60% Fibonacci level. Targeting the 200-Day EMA: The uptrend is likely to challenge the 200-day EMA near the 38.20% Fibonacci level at $2,860, which is a critical resistance point. Weekly Chart Bullish Reversal: On the weekly chart, ETH shows a V-shaped reversal from the 200-week EMA, testing the 50-week EMA, indicating a potential long-term bullish trend. Approaching 50% Fibonacci Level: The price is close to challenging the 50% Fibonacci level at $2,850 on the weekly chart, suggesting further upward potential. Technical Indicators Support Uptrend: EMA Signals: The uptick in the 50-day EMA increases the likelihood of a golden crossover with the 200-day EMA, a strong bullish indicator. RSI Momentum: The RSI on the daily chart is approaching the overbought boundary, surpassing the 50% level, while the weekly RSI is reversing bullishly from the 37.84 level. Potential to Cross $3,000: With the current momentum and technical indicators, ETH is likely to target $3,091 and $3,321, potentially crossing the $3,000 mark before October. Support Levels to Watch: Key support levels are identified at $2,500 and $2,100, which could serve as strong foundations in case of a price pullback.Longby Coinpedia-Market-Insight4