possable 5th wave down on ethlook for 2900.00 to invalidate this abc bigger picture dip currently we still can go lower in the short term.
ETHUSD.P trade ideas
ETH/USDETH/USD - High strong demand zone liquidity has been swiped.
Right after LQS market push to wards up. Lets see the play 4001 TP1.
ETHUSD entry-point for long position.The red circles show where ETHUSD support has historically been weak. ETH has been sold off at each of those red circles. Today Dec 20 2024, ETHUSD is around the same price. After another sell off, I see a re-entry point for a long position. I have marked this buy zone with the green rectangle.
ETHEthereum (ETH) Weekly Chart Analysis – Cup & Handle and Inverse Head & Shoulders
Overview of Current Setup:
Upon reviewing Ethereum’s weekly chart, a classic cup and handle formation is evident, with a confirmed breakout already in progress. The current price action suggests a potential backtest of the breakout zone, reinforcing the integrity of this pattern. Simultaneously, within this backtest, an inverse head and shoulders pattern is emerging – another bullish signal indicating that Ethereum could see further upside in the coming months.
Pattern Breakdown:
• Cup and Handle Formation:
• This is a bullish continuation pattern that often signals the resumption of a strong uptrend after a period of consolidation.
• The initial breakout suggests strong buying momentum, but as is common, the price is retracing to retest the breakout zone, essentially validating the strength of the move.
• Inverse Head and Shoulders (H&S):
• This pattern typically forms after a downtrend or corrective phase and often marks a reversal point.
• The presence of this pattern within the backtest area adds confluence to the bullish outlook.
Profit Targets:
Given the alignment of these two patterns, the upside potential for Ethereum is significant.
Here’s how the targets shape up:
• Primary Target Range: $5600 - $6000
• This range represents a conservative measure of the breakout from the cup and handle, projected by mirroring the depth of the cup.
• Extended Target: $6500 - $7000 (by mid-2025)
• If momentum accelerates and bullish conditions persist, ETH could stretch towards this level as a secondary target.
Stop Loss Strategy:
• Key Level: Below $2800
• This represents a critical invalidation point. If Ethereum dips below this level, it would likely indicate a breakdown of the patterns mentioned, signaling potential further downside.
• Since this is a weekly chart, patience is key. Short-term fluctuations and liquidation dips are common, so avoid overreacting to minor price movements.
Timeframe & Approach:
• Time Horizon: Weekly chart patterns generally take longer to develop and fully play out. This projection anticipates growth and price appreciation into mid-2025.
• Mindset: This is a longer-term analysis. Avoid emotional trading or reacting impulsively to short-term volatility. Ethereum’s price action may involve consolidation, retracements, and temporary corrections along the way – all part of the process.
Summary:
Ethereum’s weekly chart shows compelling bullish signals through both a cup and handle pattern and an inverse head and shoulders formation. This confluence increases the likelihood of further upside. With profit targets in the $5600-$6000 range, and extended targets as high as $7000 by mid-2025, Ethereum presents a promising opportunity for patient traders. A stop loss below $2800 ensures risk management while allowing room for price action to develop naturally. (ChatGPT made me do it lol)
ETH sideways, until breakout??ETH price action may see sideways action inside the highlighted area.
Though do not be surprised if it goes to 2.7k, everything can happen, keep managing your bankroll and risks. Good luck all!
$ETH to 8k by Q2 2025based on Noroks latest video,
diminishing returns and extrapolating the angles of the prior cycles.
CRYPTOCAP:ETH new target 8k. We are currently at next bear market levels IF history repeats
Cup & Handle?Only a weekly close above 4.1k can confirm a reliable cup & handle pattern. Some may argue that a weekly close above 3.7k would be enough for the confirmation of the pattern, but I’d rather stick to 4.1k just to be on the safe side.
ETH roadmap! ETH is in its re-accumulation phase in which it will go deeper one more time before heading towards 7.000$.
Patience is key! The time will come!
updateI'm sorry, wave counting is a very difficult task and technical analysis is generally associated with mistakes.
The detection of wave 4 was wrong. We were at the end of wave 2. We are forming wave 3. Moving to the yellow box.
ETHUSD - 30m - Bearish SetupTechnical Analysis:
Trend: ETHUSD has broken key support on the 30-minute timeframe, confirming bearish momentum.
Price Action: The break of the support level suggests further downside movement.
Target Zone: Price is expected to continue the bearish move toward 2760, aligning with previous structure support.
RSI: Confirming bearish momentum with no divergence on this timeframe.
Trade Setup:
Entry Point: Enter a sell position at the Fib 0.5 levels .
Stop Loss (SL): Place above the broken support level to protect against false breakouts.
Take Profit (TP):
TP1: 2800 (first key level for partial profits).
TP2: 2760 (final target based on bearish move projection).
This setup assumes ETHUSD will respect the breakdown and continue its bearish momentum. Let me know if you'd like specific entry, SL, and TP price levels!
Updated ETH wave count for rest of cycleIt can further go higher but I am planning to start taking profit beyond this point
updated the previous wave count
ETHE - long setupTake a look at those long down wicks on the chart. They’re a clear sign that bulls are stepping in hard, snapping up Ether at those fresh lows.
What we’re seeing here is a textbook corrective move—a classic a-b-c pattern—leading right into the Demand Zone.
That drop looks like a opportunity for a long setup to me.
ETH/USDT Chart Analysis $ETH/USDT Analysis
#ETH The price has broken the ascending channel, signaling potential short-term correction before resuming an upward trend. Key support levels at 3,028 USDT and 2,750 USDT offer potential rebound opportunities. If these levels hold, the price could recover towards 3,400 USDT and 3,700 USDT. However, a break below support could lead to further declines to 2,393.76 USDT.
ETH Bullish and Bearish scenariosETH Support and Resistance Analysis
The support level for ETH is currently between 3082.97 and 2941.77. A weekly candle close below 2941.77 would be considered bearish. Ideally, we want to see a bounce off this support level, which could then lead to another attempt to break through the resistance of 3971.58.
Daily Analysis of Ethereum – Issue 234The analyst believes that the price of { ETHUSD } will decrease in the next 24 hours. This prediction is based on quantitative analysis of the price trend.
Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
A new signal to maintain purchasesTo date, we have passed the middle of the month, I want to consider the prospects for the end of the year. The second half of the month opened positively on the air above 3750 and 3850, which gives signals to exit above 4000 in order to test the 4250-4500 range. This is a positive signal for altcoins, and therefore we have seen new growth impulses for coins for the upcoming continuation of the trend. Bitcoin opened the second half of the month above 100k, which reduces the probability of a retest of 75-85k in the near future. However, an opening below 102.5 gives a signal for a flat of about 100k with attempts to go lower. With this picture, it is likely to go to the 110-115k test with a further return to 100k by the end of the year, which will lead to a rollback on the air, even taking into account positive signals.
According to the overall picture, the probability of growth this week prevails as part of the continuation of the trend of the current month and quarter. But from next week until the end of the year, it is worth keeping in mind the likelihood of a new wave of pullback in the market according to the annual schedule, which may continue in January. With such a picture, it is worth being careful about overbought coins with large capitalization. As I wrote earlier, the rollback on such coins, which began at the first market disruption at the beginning of the month, may continue until the end of the year with the transition to active sales in the new year. More interesting are the oversold coins, which continue to turn the annual candle into a bullish one.
New waves of growth on the local market, in particular, can be expected for VIB. Signals have been left for further overshooting and in the event of a breakdown from the third wave of 0.125, the road to the range of 0.15-25 will open. Growth is still going against the entrenched bearish trend on the monthly chart, giving rebounds from key levels and new opportunities for safe earnings without excessive overbought.
A local replay can also show OG TROY AST. According to OG, there are clear signals for a retest of 7.5-9$ at least. The token has quite a lot of liquidity, which provides sharp breakouts.
TROY, along with OG, has signals for further overshooting. In the case of a 0.0075 breakdown, there is a probability of a powerful growth wave for the 0.0125-150 test. At the moment, we are working out the sales momentum of 0.0035, which occurred before the last wave of growth. From 0.035-40 from the third wave, there is already a chance to break above 0.0075. However, with a negative market, there is a probability of a breakdown to 0.0250-275 before the start of growth on the move.
AST has targets at 0.21-25, where it can break through in case of consolidation above 0.15. However, incomplete emission exerts additional pressure, which leads to trend disruptions and increases the likelihood of a breakdown as we approach the end of the year.
This month, there has not yet been a new delisting announcement, which threatens the dynamics of coins with the monitoring tag. If there is no announcement in the next couple of days, I will be looking at new AKRO and VITE purchases in the second half of the week. Also, with them, HARD can give a new impetus. However, the threat of delisting next week is likely to make the growth waves quite short-term.
ANOTHER PERFECT ENTRY. LONG ETHERIUM RIGHT NOWI was watching to see if the price was going to bounce off this line of support. In which it did which was exactly when i entered the trade. I am still watching at the bottom, there is an area of liquidity that I spotted on the 4 hour time frame in which the price may dip down into before it’s retracement to the upside.
I entered at the bounce, though, i setup a pretty generous stop loss as seen on the chart. I also set up a trailing stop loss once it passes this area of consolidation, and i put a “take profit” at an old support level (Now possible resistance). Though, I have faith etherium will once again achieve $4000 again.
I have yet to been wrong in any of my trades. I currently have a 100% success rate on these big trades, so let’s see how this goes
(YOU CAN STILL ENTER AND MAKE MONEY. SO CLOSE THIS IDEA, OPEN YOUR BROKERAGE, AND ENTER A TRADE)
And give me a follow if my ideas make sense to you😘
ETHUSD double top ETHUSD double top
ETHUSD has nicely drawn a double top with a target at $3,000 where I will reopen positions closed at $3,800
$eth longEntry:
Between $3,320 and $3,400, ensuring strong confirmation with bullish candlestick patterns (e.g., engulfing or hammer).
Stop Loss:
Below $3,200 (slightly beneath the FVG zone), providing ample room for volatility while limiting downside exposure.
Targets:
Primary Target (TP1): $3,703.87.
Secondary Target (TP2): $4,124.91.
Risk-Reward Ratio:
With an entry near $3,350, SL at $3,200, and TP2 at $4,124, the setup offers a 3:1 risk-to-reward ratio, making it highly favorable.
ETHUSD – Bloodbath Today, Green Skies Tomorrow?Ethereum’s taken a hit today, currently trading at $3373. It’s been a rough ride, with the price engulfing the entire 0.236 Fibonacci retracement, but don’t lose hope just yet. The weekly close is still three days out, and the real fight lies in reclaiming the $3600 mark. If ETH can claim $3600 on the weekly, that’s our signal—flash green, and it’s off to the races, targeting $4600 and a shot at a new ATH.
Once we smash through the $4600 ATH, the doors open to a Fibonacci extension at 1.272, with the first range in $5800 territory. That’s where things get spicy.
Bearish Scenario:
Volatility is spiking, and liquidity-seeking wicks are on the table. If we see further downside, $3000 ETH aligns perfectly with the 0.382 Fibonacci retracement—a strong candidate for a planned bounce. But will it get there? The current price action sits smack in the middle of a major resistance band from 2021 and earlier this year (2024), so the battle is real.
Bullish Outlook:
My gut says this is just whale/market-maker manipulation, designed to shake out retail emotions. Institutional support is growing, and with ETFs in the pipeline, boomers who wouldn’t touch a ETH wallet are ready to pile in. The maxis already know how to buy it, but the coming capital inflows from ETFs could be the game-changer.
TL;DR:
Current Price: $3373, engulfed 0.236 Fib.
Key Levels:
Bullish Targets: $3600 reclaim → $4600 ATH → $5800 Fibonacci extension (1.272).
Support: $3000 (0.382 Fib).
Outlook: Market emotions are high, but institutions are gearing up. My gut says long it and hold strong—whales are just playing games. 🐋📈
Stay strong, bulls. The long game is bullish, and sizing into this feels like the right play. Let’s ride this out. 💪🚀
ETH USD Key Support Zone in Focus: Bounce or Break?The price has dropped significantly and reached a strong zone. This zone has been tested multiple times in the past as strong support, indicating that buyers are active in this area. We are watching for a bounce off the zone and potential continuation in the buy direction, or a break below the zone, followed by a retest, which could signal a continuation in the sell direction.
