ETH Falling Wedge Bull gogglesAlso look at the RSI triangle which would optimally break at the same time for best followthru
GL HF
ETHUPUSDT trade ideas
Eth Long to $2336Just now opened an Eth long.
I think the market will correct up a bit more before continuation down.
The move is likely to playout relatively quickly so posting now.
Target $2336
Almost Almost 4RR.
Long on Ethereum (ETH)Going long on Ethereum (ETH) near $2,100 offers a favorable risk-reward setup:
Support at $2,100: This level has shown strong buying interest, making it a potential base for a long position.
Risk Management: Set a tight stop-loss slightly below support, around $2,050–$2,000, to minimize downside risk.
Upside Potential: If the support holds, ETH could bounce towards higher resistance levels, offering a solid reward compared to the risk.
Key factors to monitor: overall market sentiment, BTC correlation, and ETH-specific news (network upgrades or regulations).
ETHUSDT 4HProbably the price will return to the 2500 area, in this area we have Fibonacci 0.5 and 0.618, which is likely to reject the price to the $1900 area.
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/USDT Weekly Update:The weekly chart of ETH/USDT shows a strong ascending trendline support that has been respected over the past several months.
The price is currently testing this trendline support near the $2,300 level, suggesting a potential bounce from this key support area.
The primary support level is the ascending trendline around $2,000 to $2,300. Holding this level is crucial for maintaining the bullish structure.
A major resistance zone is highlighted between $4,200 and $5,000. This area has acted as a significant supply zone in the past and is likely to be a major obstacle to further upward movement.
If ETH can hold above the trendline support and gain momentum, a potential rally toward the $4,200 to $5,000 resistance zone could occur. This would align with the chart's upward arrow, indicating optimism for a continued upward move.
If the price fails to hold the support and breaks below the trendline, we might see a deeper correction, potentially testing lower supports around $1,700 to $2,000.
A weekly close above $2,400 with increased volume would provide a strong bullish confirmation, suggesting a higher probability of testing the $4,200-$5,000 resistance zone.
Monitoring RSI, MACD, or other momentum indicators on the weekly timeframe could provide additional confirmation of a potential trend reversal or continuation.
The presence of a large upward arrow on the chart indicates a bullish sentiment, expecting a rebound from the current levels.
Broader market conditions, Bitcoin's price action, and macroeconomic factors will also play significant roles in ETH's price trajectory.
Traders should consider setting stop-loss orders below the ascending trendline or the $2,000 level to manage downside risk effectively.
Regularly review and adjust positions based on evolving market conditions and price actions near key levels.
This weekly update outlines the critical levels and scenarios for ETH/USDT, highlighting the importance of the ascending trendline support for the continuation of the bullish outlook. Watch for confirmation signals and stay aware of market influences that could affect ETH's performance.
Disclaimer: This is not financial advice. Stay updated with market movements and adjust your trading strategy accordingly. Keep an eye out for further updates and analysis. Thank you!
ETH short trendBy analogy with Bitcoin, the chart is aiming for a continuation of the decline. With these small accumulations, we are moving towards the lower level of 2000. Therefore, I expect that we will accumulate in the range of 2200-2300 for a while, after which we should expect a sharp drop to a new low. Be careful in long trading
ETH: Bearish Pattern Remains IntactETH: Bearish Pattern Remains Intact
Ethereum has respected our previous analysis and reached the first target.
Today, we observe a larger contracting triangle pattern, indicating the potential for further downward movement.
With the release of the ADP data today, market speculation is expected to be high.
It is possible that ETH may test the $2,500 level again before moving down, but it could also decline from the current market price.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
ETHUSDTThe ETHUSDT pair is expected to rise to the level of 3240 in the medium term. This scenario will be invalidated if the price breaks the area marked by the rectangle, which is around 2050.
ETH generational entry on a parabolic curve.ETH sentiment at all time low... at the lows... imagine that.
is this a parabolic curve?
What if it is though... Wat if...
$ETH Bounces Off Key Support: Reversal Ahead?
Ethereum Weekly Update
Ethereum (ETH) is showing a promising bounce from a significant support zone, ranging between $2,000 and $2,150. This area has acted as a key level of support since mid-2022, and it continues to hold strong. Additionally, this zone aligns with a crucial ascending support line that has supported the price for nearly two years.
On the 3-day chart, ETH has rebounded from a "golden pocket," a technical term that refers to a major support area in the price range of $2,150 to $2,200. Given the confluence of these factors, it's highly likely that Ethereum will maintain support in this range for the near term, although we need more confirmation to signal a full bullish reversal.
Looking at the daily chart, we’ve just seen the first sign of bullish divergence. This occurs when the price makes a higher low while the RSI (Relative Strength Index) does the same, indicating growing bullish momentum. We’ve confirmed this with one green candle close and a higher low on the RSI. If we see another daily candle close in green, it would give further confirmation of bullish strength.
However, despite these early signs of a possible reversal, the larger trend for Ethereum still remains bearish. This means that while we may see some short-term price relief or consolidation, we haven't yet confirmed a longer-term bullish trend. Over the next few days or even weeks, we could expect the price to either consolidate sideways or experience a small upward relief, but we need more signals to confirm a sustained uptrend.
#Crypto
ETH/USDT Long Update:The chart depicts a descending channel, with ETH/USDT currently trading near the lower boundary of the channel, which has historically acted as a support level.
ETH is approaching a key horizontal support zone around $2,100-$2,200, where buyers may look for entry opportunities.
The major support zone lies between $2,100 and $2,200, as highlighted on the chart. This level aligns with the lower trendline of the broader ascending trend from the past year, suggesting a confluence of support.
Immediate resistance is located between $2,800 and $3,000. A further resistance zone is identified around the $4,000-$4,600 range, which corresponds to a previous major supply area.
The chart suggests a bullish scenario where ETH could initially rebound from the current support area, targeting the $2,800-$3,000 resistance zone.
A breakout above the descending channel and subsequent resistance zone would indicate a stronger bullish continuation, potentially targeting the higher resistance at $4,000-$4,600.
The presence of the large upward arrow on the chart reflects optimism for a bullish bounce within the identified zones.
Continuation of the broader uptrend depends on maintaining support levels and breaking through key resistance zones with momentum.
This update suggests a cautiously optimistic outlook for ETH/USDT with clear levels to watch for bullish confirmation and risk management considerations. Keeping an eye on volume and price action around these critical zones will be crucial for confirming the next major move.
Disclaimer: This is not financial advice. Stay updated with market movements and adjust your trading strategy accordingly. Keep an eye out for further updates and analysis. Thank you!
ETH / 1h / 07.09.24Reason for entry:
1. Structure breakdown (bos 1h)
2. Fair value gap (fvg 1h)
3. Momentum (13 bar short, 18 long).
Strength on the seller's side.
4. Liquidity capture within the fvg 4h interest zone.
[Positional] ETHUSDT Buy IdeaNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
=======
I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
=======
I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
=======
Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives
ETH 15 min SHORTConsidering the break of the trend line, now could be the right time for this position
ETH/USDT: High-Volume Breakout, Downside Risk -19.34%?Hey Realistic Traders, let's dive into the technical analysis of BINANCE:ETHUSDT
In the H4 timeframe, the price stubbornly stays below the EMA100, reinforcing the strong bearish trend we've been watching . A rising wedge pattern had formed, but recently, the price took a dive, breaking out of that pattern with high trading volume—never a good sign for the bulls. Adding fuel to the fire, the MACD has made a bearish crossover, with the MACD line slipping below the signal line, signaling that the downward momentum is picking up steam.
With all these technical indicators lining up, we’re eyeing a potential continuation of this downward journey toward Target Area 1 at 2,252.90 or even Target Area 2 at 2,073.77. However, bulls might find some hope if the price manages to break above the resistance level at 2,855.96.
Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Ethereum.
Please support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below.
ETH - Long-term View!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 ETH has been bearish as an over-extended correction phase, and currently approaching a massive support and round number $2000.
The $2000 is also intersecting with a long-term trendline.
Thus as long as the $2000 holds, we will be looking for long-term bullish setups.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
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
PLEASE DON’T BE GREEDY
Eth hard way to GoHi Dears.
Eth can go up to 7% but need much more power if want to go upper so its not good for Long
Run it back turbo! #EthereumThe same accumulation phase as in August and September 2020 before the #eth bull run is repeated
BTC + BTC.Dlatest video
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
#ETH Spot Trading Opportunities📊#ETH Spot Trading Opportunities🔥
🧠We eventually broke below the support zone, continuing the power of the bearish cup-and-handle structure, and the support zone turned into a resistance zone. If we continue to extend the downtrend, then we can consider buying some ETH after reaching the target area of 2078-2200 of the cup and handle structure.
Let’s see 👀
🤜If you like my analysis, please like 💖 and share 💬
💕 Follow me so you don't miss out on any signals and analyze 💯
BINANCE:ETHUSDT.P
