Ethereum Elliott Wave IdeaLooks like a nice triangle appeared on ETH possibly indicating a wave 4 completed there just before the push up to $2800, then a retrace back to 0.618 for what could be the end of a larger wave 2by Joseph_King114
Eth speculiaton ETH has recently fallen about 2%. Currently hovering around 0.5 fib, according to the structure, it fell by about 6% and is at the bottom, as soon as demand was collected, and it left the premium buy zone. Scalp trade would be up to 0.618 and VRVP Volume spike around 2524. A long-term trade would be to bite the top of the structure, which is 2570Longby albertasjon1
ETH Technical Analysis in a 2-Day TimeframeHello everyone, I’m Cryptorphic. I’ve been sharing insightful charts and analysis for the past seven years. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: ETH is holding decent support within the $2,184-$2,348 range. A few weeks ago, when the market experienced a major correction, ETH dropped to this same support range and bounced back. With the price currently at $2,520, ETH is likely to test the 35 EMA resistance. If it closes above the 35 EMA, a rally toward the upper resistance at $3,750 is possible. The RSI has rebounded from the oversold zone, and bullish momentum is building. Key levels: - Support Range: $2,184-$2,348. - Primary Resistance: $2,930. - Higher Target: $3,750. DYOR. NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACEby Cryptorphic15
ETH (Ethereum): Approaching SupportTrade setup : Price broke below its 200-day moving average, which signaled downtrend. It bounced off $2,100 support and reached $2,800 resistance where it got rejected. Momentum is fading (MACD Histogram declining ). We would be buyers if price dips to $2,100 support again. The recent launch of nine ETH Spot ETFs could also boost demand for ETH. Learn to trade chart patterns in Lesson 8 and set Stop Loss levels in Lesson 9. Pattern : Price is Approaching Support, which is a level where it could pause or reverse its recent decline, at least temporarily. Support is often a level where price has bounced up in the past, or potentially prior Resistance level that was broken. (concept known as polarity). Once price breaks below support, it can move lower to the next support level. Learn to trade key levels in Lesson 7. Trend : Short-term trend is Strong Down, Medium-term trend is Strong Down and Long-term trend is Strong Down. Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $2,400.00, then $2,100.00. Nearest Resistance Zone is $2,620.00, then $2,850.00.Longby altFINS1
Is Ethereum poised for 20% breakout?The price of Ethereum broke below the support at $2500, which revived the possibility of a restest of the next support at $2200. Therefore, a structural higher low is going to form in a deep value zone following a breakdown from the rising wedge. The bulls have halted the bearish trend with a reversal above $2500 while the next price action remains uncertain. If the bulls maintain a healthy upswing, a rise above $2700 may elevate the levels to $3000. As the crypto winters are about to begin, the bullish probability remains within a limited range. Therefore, if the price loses the current support zone between $2350 and $2416, then a drop close to $2000 could be imminent. This move may attract the required liquidity, which may revive a strong ascending trend. The ETH price is still trading above the EMA 50 support level in the longer time frame and hence there could be a possibility of a price capitulation. Therefore, the sluggish phase is expected to go on where the price may continue its trade within a narrow range. Hence, the Ethereum (ETH) price is believed to maintain a range-bound trade for a few more weeks, which may result in a bullish breakout beyond $3000. Longby paul_endeo4
Review A+ Setup with volume profile & nosdHi , This is my setup A+ Combine by: - Market structure - Volume profile - reverse absorption behavior - Timing with nosd setupEducation11:31by Dc7171
Sell #ethereum #ethusd broke 2600 support level on daily chart 📈 The short term trend is downShortby gaby.kanj330
Eth shortBINANCE:ETHUSDT I failed in the direction but correction is wise. I decided to open three more short positions. I have a total risk of no more than 0.50% of my capital. I hope to go in search of sellstops. Shortby JaytradermbUpdated 222
#ETH arrives at the buying area📊#ETH arrives at the buying area✔️ 🧠 From a structural perspective, we continue the strength of the bearish head and shoulders structure and see a deep correction. The current price has reached the buying zone that I am concerned about. The action to be done in the buying zone is to buy and lock in the main profit of the short order. Friends who do not have spot positions can buy some. 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 Longby wolf_king8881
Crypto long termAfter the great rise of Ethereum after Corona, we went into a price correction, I think we will go to the correction floor again in the next four to five months, after that, Ethereum will start its main movement towards 12,000 and 20,000 Note: If the price is above the close supply area, our analysis will be disabled. by tradingbtcusdtamir3
$2400 is a possible repeat for $ETHREUM$2400 is a possible repeat for $ETHREUM Congratulations to those who took CRYPTOCAP:ETH sell call yesterday: $2400 TP Hit. If the bears continue to take charge, we may hit $2400 again or even knock $2300 today. look out for the zones.Shortby ForexClinik2
BTC 15m tf bear flag forming for another leg 54k rangeJust a quick update on my previous video about breakdown. We will be forming a bear flag for another leg down to around 54k range as mentioned. From 54k range - we will consolidate over the weekend and come to test the 60,600 range before attempting to breakout to 49k and below.Short02:43by Nep_Tuck0
ETHUSDT SHORT IDEAhello everyone i see a parallel channel for eth in 2h timeframe. it seems that price broke the cahnnel and dump in channel. i will setup short position for this cahannel structure entry : 2715 stop : 2752 target: first 2500 then 2100 hope you can earn money from it. it is not financial advice.Shortby cevikdogukanUpdated 0
Bullish Ethereum Spot ETFs | Buying In Bulk!The Spot ETFs is always a bullish development. Crypto is growing, the market is expanding and is being accepted all across the world. This is good and we love it. The effect these "financial vehicles" have on the market is a completely different monster. The effect is surely bullish, long-term, but on the short-term things can be different. You know, this is a business. In business, when you buy large quantities of anything, usually you tend to get a big discount. The institutions want crypto, the giants want Ether and they want billions of it. There is a catch though, they are willing to pay only around $1,000 to $1,200 for each ETH and this they say is still a big price. Long story short, these giant institutions bought billions of dollars worth of Ether and this will soon reflect on the price. The chart says a support range of $1500 - $1750 as the next support, but, knowing that they paid around $1,100 per ETH God only knows how far down the price will actually go. Namaste.Shortby AlanSantana5520
ETHEREUM → Readiness for realization ↑ Target 3300 BINANCE:ETHUSD ETH is consolidating in front of strong resistance. Bulls do not let the price down beyond 0.5 fibo. amid Friday's news, the cryptocurrency market is reviving and ETH has high chances to pass through 2800. A false breakout of the resistance of the range is formed, but instead of falling, the coin is consolidating, which is generally one of the pre-breakout nuances. Technically, it would be an ideal condition for me to wait for a prolonged consolidation near 2780-2800 followed by a price advance towards the zone with a breakout target. The liquidation that took place earlier rid the market of an unnecessary part of speculators, after which the whales went into an active accumulation phase, now ETH shows positive preconditions of readiness to go to the intermediate high and resistance of the global range. Support levels: 2717, 0.5 fibo Resistance levels: 2780, 2817 The market is bullish, as evidenced by some indicators, technical indicators on the chart, as well as the fundamental background. Accordingly, in the mid-term I expect the price to come out of the consolidation 2780 - 2550 and most likely this exit will be accompanied by a breakout of resistance and growth to 3300. Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:ETHUSD ;) Regards R. Linda!Longby RLindaUpdated 191985
Ethereum potential bull wave continuation on monthly candleEthereum corrected itself after nearing 4000. 2000 is the newly created base support . If the current bull run continues it will most likely reach 5000 in the long run. It might take quite some time but entering near 2000 area and having stop below 2000 would be the safe bet. The monthly wave indicator is still in the bull run zone and it has not confirmed the bull run is over .Longby THE-real-Deal6
Don't rush Ethereum is still bearishEthereum has broken a flip range to the bottom and is now pulling back towards this area. Also, Ethereum's structure is bearish in large timeframes. We are looking for sell/short positions in the POI range. The targets are marked on the chart. Closing a daily candle above the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank YouShortby behdarkUpdated 16
ETH August 12, 2024: Setting Up for A New Buy PointAfter a rough sell-off last week the market seems to get stabilized. Both BINANCE:BTCUSDT and BINANCE:ETHUSDT are setting up for a new buy point. For BINANCE:BTCUSDT , you can see the idea in the related ideas section. For BINANCE:ETHUSDT , I am expecting it will cross up the resistance $2730 and I placed a buy stop order at this price level. Longby longsonvnUpdated 1
Ether long Ether long from 2570. Got that lower price that i was looking last night , was looking for longs from 2590$ , but we got a better price 2570$. Longby CrocoCrypto4
ETH - Follow The Trend!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈ETH has been overall bullish, trading inside the flat rising channel in orange. Moreover, ETH is approaching a massive round number $2500. 🏹 The highlighted blue circle is a strong area to look for buy setups as it is the intersection of the $2500 and lower orange trendline acting as a non-horizontal support. 📚 As per my trading style: As #ETH approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~RichLongby TheSignalyst16
ETHUSDT_LongVery tough Support in the last daily low will pump it to the last top resistance. This idea is totally depends on BTC behavior.Longby ahmadbiotech1
Ethereum longEthereum bounced off the ascending trendline and bounced off the support level. Bullish movement to resistance level at 2780 is expected to happen.Longby Cryptobees_buzz2
ETHUSDT - Sideways OR Start of a Bearish TrendThis coin has ben assessed on a hourly chart making a bearish divergence near the resistance zone of a daily time frame. It is making a double top which is a reversal pattern. The chart might go sideways or start its downward trend. I have placed a pending order of a sell stop at the breakout a double top's neckline. The Signal is: EP: 2734.99 SL: 2790.36 TP: 2679.62Shortby MuhammadArif039Updated 3