Get started

ETH 2-4 Long / Tether

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

ETHUPUSDT trade ideas

Phemex Analysis #48: How to Trade Ethereum like a Pro Trader. Ethereum ( PHEMEX:ETHUSDT.P ) has been on a rollercoaster ride recently, with its price declining from a high of $4,112 to a low of $3,100. After this significant drop, the market seems to be finding its footing, with ETH now trading around the $3,400 mark. Traders are closely watching the charts to determine the next big move. Here’s a breakdown of the possible scenarios and how they might unfold: The Calm Before the Storm: Consolidation Phase At present, ETH appears to be consolidating within a range, oscillating between $3,550 and $3,215. This phase of sideways movement often reflects indecision in the market as buyers and sellers battle for control. For traders, this is a time to exercise patience. A breakout from this range—either upward or downward—will likely set the tone for ETH’s next major trend. If ETH continues to consolidate, it’s essential to avoid jumping into trades prematurely. Instead, wait for a decisive breakout beyond $3,550 or below $3,215 before making any trading decisions. Consolidation can be frustrating for momentum traders, but it also provides an opportunity to prepare for the next big move. Scenario 1: The Bulls Charge Ahead A bullish breakout above $3,550 could signal that Ethereum is regaining its upward momentum. Such a move would likely need to be accompanied by high trading volume to confirm its strength. If this happens, traders may consider entering long positions. However, it’s important to keep an eye on key resistance levels. The $4,100 mark looms as a significant barrier where selling pressure could intensify. This level represents the previous high before ETH’s recent decline and could act as a psychological hurdle for buyers. As such, taking partial profits near $4,100 might be a prudent strategy to lock in gains while reducing exposure to potential reversals. Scenario 2: The Bears Take Control On the flip side, if ETH breaks below $3,215 with high volume, it could indicate renewed bearish pressure. In this case, the price might test the recent low of $3,100 or even dip further into the $3,000 zone. For long-term investors or those looking for value entries, this could present an opportunity to buy ETH at a discounted price. However, caution is warranted if ETH drops below the critical $3,000 level. A break below this psychological threshold could signal deeper weakness in the market and might suggest staying out until signs of stabilization or recovery emerge. Navigating Uncertainty: A Professional Trader’s Mindset The current state of ETH/USDT highlights the importance of adaptability in trading. Whether the market consolidates further or breaks out in either direction, having a clear plan is crucial. Here are some key takeaways for navigating these scenarios: (I) During consolidation: Stay patient and avoid overtrading. Wait for clear signals before committing capital. (II) In case of a bullish breakout: Watch for volume confirmation and manage risk by setting stop-loss orders and taking profits near resistance levels. (III) If bearish momentum takes over: Look for buying opportunities near support levels but remain cautious if prices fall below critical thresholds like $3,000. By preparing for multiple scenarios and staying disciplined in execution, traders can position themselves to capitalize on Ethereum’s next big move while managing risk effectively. As always in trading: plan your trade and trade your plan! Tips: Elevate Your Trading Game with Phemex. Experience unparalleled flexibility with features like multiple watchlists, basket orders, and real-time adjustments to strategy orders. Our USDT-based scaled orders give you precise control over your risk, while iceberg orders provide stealthy execution. Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
by Phemex
ETHUSDT | Valuable LevelsMarket Outlook Year-End Crypto Performance: The market performance towards the end of the year might not be very encouraging, suggesting caution in trading decisions. Key Opportunity: Green Box: Identified as an ideal buy zone in case of a downturn, providing a strategic entry point for potential gains. I keep my charts clean and simple because I believe clarity leads to better decisions. My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups. My Previous Analysis 🐶 DOGEUSDT.P: Next Move 🎨 RENDERUSDT.P: Opportunity of the Month 💎 ETHUSDT.P: Where to Retrace 🟢 BNBUSDT.P: Potential Surge 📊 BTC Dominance: Reaction Zone 🌊 WAVESUSDT.P: Demand Zone Potential 🟣 UNIUSDT.P: Long-Term Trade 🔵 XRPUSDT.P: Entry Zones 🔗 LINKUSDT.P: Follow The River 📈 BTCUSDT.P: Two Key Demand Zones 🟩 POLUSDT: Bullish Momentum 🌟 PENDLEUSDT: Where Opportunity Meets Precision 🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs 🌊 SOLUSDT.P: SOL's Dip - Your Opportunity 🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked 🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer 🤖 IQUSDT: Smart Plan ⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One 💼 STMXUSDT: 2 Buying Areas 🐢 TURBOUSDT: Buy Zones and Buyer Presence
Long
by XU99
2
ETH - Testing LTF SupportRight now ETH is testing its short term support. This is the green trendline I have drawn. It held down price until price was able to breakout and retest it as new support before the recent push higher to $3,750. Now that price has dropped it is still holding that green trendline. So far this is a great development on the lowertimeframe. If we can maintain support we could see a recovery, but if we break this level it is very important to continue to hold the white line below. If we cannot hold that then that test of the sub $3k level will most likely be on the table.
by VIAQUANT
ethusdt eth long"🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"
Long
by Golden_candle
ethusdt longethusdt long 💎Please don't be greedy ENTRY : yellow point TP : blue lines SL : below red line for LONG position above red line for SHORT position ⛔️INSTRUCTIONS 1: Please respect the yellow entry point, otherwise you risk entering too early before my strategy or too far, thus reducing gains and aggravating losses in the event of a stop loss ⛔️INSTRUCTIONS 2: For risk and money management: 5% of your wallet for LEV X ≤20 And 3% of your wallet for LEV X ≥ 20
Long
by RODDYTRADING
ETHUSDT.1DThe daily chart of Ethereum (ETH) against Tether (USDT) exhibits a series of zigzag patterns suggesting high volatility with distinct peaks and troughs. The current setup indicates a consolidation phase near key support levels, which could dictate the near-term trend based on breakout directions. Price Action and Trend: Ethereum has recently shown signs of consolidation after a significant drop, indicating a potential base formation around the key support level. The chart presents a choppy yet significant retracement within the larger bullish context, evidenced by the higher lows sequence over the longer term. Key Technical Levels: Resistance Levels (R1): R1: $4,066.49 - Represents the immediate resistance level. Overcoming this barrier may open the path to retest higher levels near the all-time highs. Support Levels (S1, S2, and S3): S1: $2,998.25 - Current major support, where price consolidation is evident. S2: $2,793.91 - A break below S1 could lead to a test of this lower support zone, which could act as a new base for the next bullish leg. S3: $2,101.09 - A critical long-term support level that may come into play if a significant bearish trend develops. Technical Indicators: MACD: The MACD line is below the signal line, indicating bearish momentum in the short term. The increasing distance between the MACD and its signal line could suggest strengthening bearish pressure. RSI: The RSI is currently just below the neutral 50 mark, which aligns with the consolidation phase. This indicates a balanced market sentiment with a slight bearish inclination. Volume: The trading volume shows fluctuation with peaks aligning with significant price movements. An increase in volume, particularly on downward movements, may validate bearish sentiment. Conclusion and Forecast: Ethereum's price action is at a crucial juncture, with its position near major support levels suggesting potential for either a rebound or further declines. The key to upcoming trends lies in the ability of bulls to defend the $2,998.25 support level effectively. Trading Strategy: Bullish Scenario: Watch for a stable hold or a bounce off the $2,998.25 level, aiming for a move towards $4,066.49. A break above this could target previous highs. Bearish Scenario: A breakdown below $2,998.25 could accelerate declines towards $2,793.91 or even $2,101.09 as bearish momentum builds. Summary: The ETH/USDT chart points to a significant testing ground for both bulls and bears at the current levels. Traders should closely monitor volume and price action at these key technical junctures to gauge potential breakout or breakdown directions.
by MarsSignals
Ethereum (ETH): Waiting For Smaller Correction / Still Bullish!Ethereum, on the other hand, is looking much better than Bitcoin, where we did catch a nice bullish move from the last touch of that lower support trend, where we also caught the start of correction, which is still undergoing! We expect to see a further move to lower zones here but not that big one, where every drop on ETH would be a good buying opportunity for spot holdings for sure. The major target for the start of the buying opportunity for us would be near $2,800-2,900. Swallow Team
by SwallowAcademy
Ethereum (ETH): Looking For Proper Support!On a daily timeframe, we are looking for proper support to form on the coin, where the first ideal zone would be near $3,050, which is near the 200EMA line and also marks as some kind of neckline zone for a possible H&S pattern there. Now ideally this would be the zone we would be looking for the start of DCA, as we might still fall from there towards our second support zone, which will be a much stronger zone from where to bounce off. This being said, we are still bullish on Ethereum; just a slight correction would be a logical move here, in our opinion! Swallow Team
Short
by SwallowAcademy
ETH - 2 possible scenarios of development1. Blue arrow - assumes the selection of the nearest liquidity both above and below (approximately 20% movement). Subsequently, gradual growth towards ATH could follow if we break through the long-forming triangle. 2. Purple arrow - liquidity selection above the current price level, around the trendline, followed by a decline to the lower trendline. In the case of strong bearish pressure, even below it. Then, a rebound from the trendline downward.
by kryptometal_kryptosvet