H4 ETHUSDT I'm using the H4 timeframe to figure out the POI level. Is this the right time?Longby VoxNexusUpdated 3
ETHUSDT Breaks Support: Preparing for a Bearish Move?ETHUSDT on the daily chart has broken below the ascending support line, indicating a potential shift to a bearish trend. This breakdown suggests further downside potential unless a significant recovery occurs. Shortby JoeSignals1
ETHUSDTEthusdt looks like in a correction mood. can go towards the phsychological support. Although btc looks bullush in the current price action. lets see how it plays out. it a risky call. will be confirmed once price breaks down point B.Shortby TRADETITANWAQASUpdated 0
Eth, the plan I have.I am just waiting the market reaction on monday on BINANCE:ETHUSDT to see how is going to be my plan for next week. I am expected to mittigate the fair value and then, to see the market reaction going up. by Jaytradermb220
ETHUSDT Next Key AreaETHUSDT Weekly 200 EMA will be the next key area to add some hefty positionsShortby GlassICE0
ETHUSDT Daily Analysis Disclaimer: This is not a financial advice, just for informational purposes Support Level: ETHUSDT has held this support of $2860.34 and $2708.70 since 17th February till date, acting as a solid point for a potential Upward movement. Target: My target for this analysis is $3235.14. The reason is that this region is a potential resistance level for the market, but we will be looking out for a bullish/change in the current structure Longby Degennez5
ETH - Equal lows stop hunt?ETH seems to be a bit more tricky at this point... Now with the possible tailwind of the ETF, which in my opinion is not priced in yet, ETH should perform well eventually. But similar to what we have seen after the approval and listing of the BTC ETF, it seems to lack conviction. When looking at the chart I see a possible danger right ahead: Equal lows. These usually get run for a nasty stop hunt, so this is what I would wait for before entering the market again. But again, just a WILD guess, anything could happen at this point. To the upside 3.6k should be THE resistance to break for continuation, ETH should then pick up momentum and target the 5k level. Stay safe!by TV288Updated 2
ETH can go lower as long as it stays below 3250ETH can go lower as long as it stays below 3250 ETH broke a strong structure zone. 3250 seems to be closely monitored by market participants and is adding more value that it can be an important area for any price direction. Price tested this area several times these days and if it stays below, chances will increase that ETH could test 3050 and 2900 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❤️Shortby KlejdiCuniUpdated 1119
Is Ethereum losing its important support?The range of 2840 is an important support for Ethereum, with the failure of this support, it can fall to 2729 and in case of strength to the range of 2645. Otherwise, and price rejection from the support zone, we can expect the price to rise up to the resistance range of 3025 and then the range of 3200.by arongroups4
Ethereum Monthly and Weekly Analysis: Key Support and Resistance Ethereum has initiated a 146% bullish wave on the monthly timeframe but is currently undergoing a rest and correction phase. 🔍 Fibonacci Retracement Levels from 1516 to 4114: 0.38 Fib Level: 2864 0.5 Fib Level: 2548 0.618 Fib Level: 2268 🔗 Weekly Timeframe Insights: A 624-day long ascending channel is observed. The price is currently interacting with the midline of this ascending channel. The channel's bottom serves as a strong support zone around 2232 to 2505, which aligns with our PRZ (Potential Reversal Zone). 🛡️ Key Points: This PRZ lies between the 0.5 to 0.618 Fibonacci retracement levels. The 200 MA (Moving Average) on the monthly timeframe also converges in this area. The psychological level of $2500 is significant, with nearly $2 billion in long positions that could be liquidated around this zone. The horizontal channel target on the daily timeframe is also situated here. 📉 Daily Timeframe Observations: Currently, Ethereum is in a horizontal channel on the daily timeframe. The channel's bottom coincides with the weekly support at 2865. A break below this level might present a shorting opportunity. 💡 Strategic Suggestions: For long-term holds and buying, it’s advisable to wait until Ethereum reaches the PRZ and exhibits a bullish reaction and momentum. Alternatively, consider entering after a break above the daily channel. For DeFi or lending and borrowing, $2500 could be an interesting entry point, provided your liquidation level is below $1500. 🌟 If you find this analysis helpful, please like, comment, and share! Let's discuss further in the comments. Hashtags: #Ethereum #CryptoAnalysis #Trading #Fibonacci #SupportAndResistance #Tradecitypro #TCP Categories: Trend Analysis Support and Resistance Fibonacci Analysisby tradecitypro1111139
ETH/USDT Outlook ICT Concepts Ethereum (ETH/USDT) Analysis 💰 Welcome to Your Channel! Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on ETH/USDT, dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains. 💡 Previous Analysis Review: We expected the price to have a retracement higher before expanding lower, similar to Bitcoin. However, Ethereum showed more bearishness and expanded lower without the expected retracement. 📍 Current Market Overview: The current price is around 2,916.80. ETH has swept the previous week low (PWL) and taken out some sell-side liquidity (SSL). It has also tapped into a Fair Value Gap (FVG) on the 4-hour timeframe. 🔍 Identifying Key Levels: • PMH: Previous Month High • PWL: Previous Week Low • PWH: Previous Week High • PML: Previous Month Low • BSL: Buy-Side Liquidity • SSL: Sell-Side Liquidity • 4H FVG: 4-Hour Fair Value Gap, highlighting areas of imbalance on the 4-hour timeframe 📊 Key Considerations: • Swept Previous Week Low: ETH has swept the previous week low (PWL) and taken out low resistance sell-side liquidity on lower time frames. • Support Levels: The price has tapped into a 4-Hour FVG and has shown a reaction, indicating potential support. • SMT at the Lows: There is SMT (Smart Money Technique) at the lows with BTC, which is a bullish indication. BTC formed higher lows while ETH formed lower lows. • Reaction to FVGs: We need to observe the reaction from the two FVGs close to the current price for further confirmation of the next move. • Inverse Confluence: If we inverse the chart, it provides another confluence to the bullish scenario. 📈 Bullish Scenario: Given the current price action and key considerations, a bullish scenario is possible if the following conditions are met: • Retracement Higher: We can expect the price to have a retracement higher from the current support levels. This move could target some key resistance levels or lower time frame low resistance levels, similar to the analysis we performed for BTC/USDT. • Key Levels to Target: The price could aim for the 4-Hour FVG above and possibly sweep minor buy-side liquidity before deciding on the next move. 📉 Bearish Scenario: A bearish scenario should be considered if the following conditions are met: • Failure to Hold Support: If the price fails to hold the current support levels provided by the 4-Hour FVG, we might see a continuation lower. • Clearing Buy-Side Liquidity: For any bearish scenario, we need to see some buy-side liquidity being taken out first before considering lower targets. 📊 Chart Analysis Summary: • Bullish Expectation: The expectation is for the price to potentially retrace higher from the current levels, targeting the 4-Hour FVG above or some lower time frame low resistance levels. The SMT at the lows with BTC adds to this bullish outlook. • Bearish Expectation: For a bearish scenario, we need to see a failure to hold the current support levels and potentially clear some buy-side liquidity before considering lower targets. 💡 Conclusion: The ETH/USDT chart is showing a similar pattern to the BTC/USDT chart analyzed previously. We can expect a potential retracement higher from the current support levels, with key levels to watch for further moves. The SMT at the lows with BTC provides a bullish indication. As always, keeping an eye on how the price interacts with these levels will be crucial in determining the next steps. 🙏 Thank you for joining us! Exploring ETH/USDT today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning! ⚠️ Disclaimer The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.by RealArmin2
Ethereum Big SL hunt after ETF approvalEthereum Big SL hunt after ETF approval During ETF approval Market makers trapepd more than 500m of trades after price went oppositely and took SL of most of those people right Now i wait for one more SL hutn and only after we plan to take a new trade 01:55by Yuriy_BishkoUpdated 15
Technical Analysis ETH/USDT - 8H PeriodSummary of the Current Situation: ETH/USDT is currently trading around 2914.68 USDT after experiencing a sharp decline, but it seems to show signs of recovery. Here are some key points to note: 1. Overall Trend: • A sharp decline has been observed recently, but indicators show signs of stabilization and potentially a recovery. 2. Technical Indicators: • Volume & CVD/Ratio: Analysis of volumes and the CVD/OI (Open Interest) ratio indicates good volume distribution (BG Vent) and a stable trend (Ratio CVD/OI OK). • ISPD DIV Pro (Oxsakil): The blue zone shows a slight positive divergence (zone OK), which could indicate an imminent reversal. • BB/RSI DIV: The RSI is in an oversold zone, but a bullish divergence seems to be forming, which is a good sign for a potential reversal (BG Vent OK). • TSI (True Strength Index): The TSI shows an attempt to cross upwards, which could confirm a bullish reversal if the crossover materializes. 3. Moving Averages: • Moving averages (SMA 20, EMA 50, etc.) show a short-term bearish trend, but a recovery above these levels could confirm a bullish reversal. Possible Scenario : • If the current support zone around 2900-3000 USDT holds, a recovery towards the 3100-3200 USDT levels is possible in the short term. • A break below the key support could lead to a continuation of the bearish trend towards the 2800 USDT levels. Trading Strategy: • Buyers: Look to enter long positions near the key support with tight stop-losses below 2900 USDT. • Sellers: Short positions can be considered if the 2900 USDT support is broken, with targets around 2800 USDT. Conclusion : ETH/USDT shows signs of stabilization after a sharp decline. Technical indicators suggest a potential recovery, but confirmation is needed. Keep a close watch on key support and resistance levels for trading opportunities. Technical Analysis ETH/USDT - 8H Period.Longby Ox_kali3
ETHUSDT - 4H a correction phaseRecent political developments have influenced the crypto market significantly. The rise in Trump’s chances initially propelled the crypto market upwards. However, with Biden dropping out of the presidential race and the introduction of his alternate candidate, Trump’s chances are now perceived to be decreasing, which could lead to a correction in the crypto market. From a technical perspective, COINBASE:ETHUSD has faced strong resistance at a key zone in the 4-hour time frame. Despite multiple attempts, BINANCE:ETHUSDT was unable to break through this crucial resistance level, suggesting a lack of bullish momentum to sustain higher prices. Additionally, the Relative Strength Index (RSI) shows a bearish divergence, indicating weakening buying pressure and potential for a downward move. Given the inability to breach the resistance, the bearish RSI divergence, and the prevailing political uncertainties, it is likely that ETH will experience a pullback. This correction could provide a consolidation phase before the market assesses the next potential moves. Traders should be cautious and consider the potential for a short-term decline in ETH prices.Shortby Sober_TradingUpdated 2217
#Ethereum updated; completed 22% of the 32% decline.CRYPTOCAP:ETH 1W updated; Only 22% of our 32% decline target has been achieved. ✅ Another 15% drop is needed for the beginning of the bullish harmonic structure. ⏳ The $2900 level is the balance level. This will be possible as long as there are closures below it. #eth #ethereum Shortby ugurtash1
ETH short - swing trade Taken a swing short on ETH. Entry 2907 TP 2890 SL 2918 Entered based on the invalidation on the 3min (red lines) and the inverted 15min inverted FVG (red box ) confirmed the run of the sellside. Entry was based on the LTF and overall target was the 15min sellside. Simply showing you guys how to use the LTF and your trading system to target HTF targets. FOLLOW THE MARKET AND TRADE WITH THE MARKET. Looking to see how we play from here. Overall ETH plan remains the same. Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form. Shortby Patrick27070
Inverse H&SInverse Head & Shoulders pattern printing on the sell the news event on Ethereum ETF as it starts to trade. Validation of the Inverse H&S is on breakout of the neckline at $3451 (+/- 30$) on high volume and preferable later a retest of the neckline as support The invalidation of the Inverse H&S is a candle close below $2930. We might go there as Grayscale probably will bleed a lot from their high fee ETH trust. Target: At $4069 that coincides with highest price of the yearLongby NiVaGuUpdated 3
ETH/USD Daily Analysis: Key Support Levels and Potential ReboundThis analysis focuses on Ethereum (ETH/USD) on the daily timeframe, highlighting key support levels, buying opportunities, and potential rebound scenarios. Analysis: Key Support Levels: ETH is back to key support at $2880. The green box between $2880 and $2720 represents a good buying opportunity. Major support is around $2500. Directional Movement Index (DMI): The DMI shows D- still controlling the market. However, a bounce back from current levels is possible soon. Potential Rebound: If ETH holds the $2880 support, it could rise back to $3280. The $3280 level aligns with the mid-Bollinger Band, serving as a key resistance. Conclusion: ETH is at a critical juncture with key support at $2880 offering a buying opportunity. If the support holds, a rebound to $3280 is possible, despite D- currently controlling the market. Monitor these levels closely for potential bullish moves. Longby poriyanik2
ETH - Bottom is in?So in my previous analysis on ETH I said that I won't rule out another drop to 2700-2800$ coming days BUT there is also a chance, that this small double-bottom pattern is going to play out, which would most likely invalidate my idea of seeing a huge bear trap. As I have shown ETH needs to break the resistance at 3280$ and hold there for 2-3 days before pushing through the neckline at 3400$. It could happen, but given it's almost weekend the markets usually lack volume and momentum, so not sure about it. Just want to give you an idea how markets behave and what needs to happen, but I surely won't be trading this. However, if we take out 3.4k next week this would most likely trigger a push towards ~3700. If it stays below the resistance zone coming days it will likely fail and the support around 3083 will give in eventually. Stays safe!by TV288Updated 3
ETHUSDT.1DUpon analyzing the ETH/USDT daily chart, it's clear that Ethereum has experienced a mix of bullish and bearish phases, with key resistance and support levels playing a pivotal role in its price movements. Let’s break down the crucial elements: Support and Resistance Levels: Support Level 1 (S1) is set at $2,780.64. This level has previously served as a turning point for price corrections and may provide a floor should the price drop further. Support Level 2 (S2) at $2,126.90, which marks a critical area if a more significant sell-off occurs. Resistance Level 1 (R1) at $4,105.80, representing a ceiling from previous price peaks that Ethereum might test if a bullish trend resumes. Technical Indicators: The MACD (Moving Average Convergence Divergence) is well below the zero line and shows a substantial bearish divergence. This indicates strong selling pressure and could suggest further downward movements unless there's a positive crossover soon. The RSI (Relative Strength Index) is nearing the oversold territory but has not yet entered it, signaling that while selling pressure is high, there might be some potential for stabilization or a corrective rally if the market perceives ETH as undervalued. Conclusion: The current market position for ETH/USDT suggests a cautious approach. The negative MACD and approaching oversold RSI indicate a bearish trend, but these also bring potential for reversal scenarios, particularly near strong support levels like S1 and S2. Traders should watch for any signs of bullish reversals or stabilization at these supports, which could offer buying opportunities. Conversely, a break below S2 could lead to accelerated declines, and thus risk management strategies should be prioritized. The market's reaction at these key junctures will be critical in determining Ethereum's path in the coming weeks. As always, it's essential to stay updated with broader market trends and news that could influence Ethereum's price.by MarsSignals2
ETH - Ranges overview Here is a quick look into what I am looking for on ETH. The market continues on breaching lower towards the sellside. Let's see how we react from the daily sellside liquidity (red line). I've noted the FVG (yellow box) on the left side of the chart. Feel free to note it on your own charts and extend it to get a better overview .... IF we fail to hold the current daily sellside liquidity (red line) we should expect the market to continue on reaching lower towards 2.5K. IF we fail to break below the current daily sellside liquidity (red line) and reclaim it expect the market to aggressively run towards the buyside liquidity around 3.4K-3.5K. BE PATIENT...PLAN...EXECUTE Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form. by Patrick27071
ETH Weekly Chart: Accumulation Zone and Potential Breakout Setup#ETH/USDT #Analysis Description --------------------------------------------------------------- + Ethereum (ETH) has been consolidating in an accumulation zone between $2,900 and $3,500 after a significant rally. This zone is crucial as it represents a battle between bulls and bears, with accumulation possibly leading to a strong upward breakout. + The chart shows strong support at the $2,900 level, which aligns with the 21-Week EMA ($3,219). This area has been tested multiple times, reinforcing its importance as a potential launching point for the next move higher. + The price is currently sitting just below the 21 EMA, while the 55 EMA ($2,792) provides additional support below. The confluence of these EMAs suggests that the trend is still bullish, but a clear breakout above the accumulation zone is needed for confirmation. + The RSI is hovering around the neutral 50 level, indicating a lack of clear momentum, but it’s still holding above key levels that could indicate strength if it turns upward. The MACD is slightly bearish but not showing strong negative momentum, suggesting the potential for a reversal if buying pressure increases. + A breakout above the $3,500 resistance could trigger a strong rally, with the next major resistance levels around $5,000 and $8,000. This breakout would likely be confirmed by a bullish crossover in the MACD and an RSI move above 60. + If ETH breaks below the $2,900 support level, we could see a retest of the 55 EMA at $2,792 or even a deeper correction to the trendline support near $2,500. A bearish MACD crossover and a drop in RSI below 40 would confirm this scenario. Key Levels to Watch: Support: $2,900, 21 EMA ($3,219), 55 EMA ($2,792) Resistance: $3,500, $5,000, $8,000 --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgoLongby VectorAlgo3