Last Chance to Buy ETH Before the ETF LaunchLast chance to buy Ethereum before the spot ETF launch expected next week.
ETHUSD.P trade ideas
Ethereum Value Slashes by 99%Though this episode of crypto winter is very soon due to be a thing of the past, just a regular seasons do, it will come around again! Considering the all-time structure of Ethereum's price chart, I believe the next crypto winter will be especially bad for Ethereum.
While many altcoins are due for very sizeable runs (100x - 500x and more) over the next couple of years, I think Ethereum will top out near the $6000 mark, giving it a 3.6X push from current price levels. Beyond this, there is great chance that the sloping formation begins to drastically slip. Despite completing 2 sizeable five-swing moves and a correction between the two, its unlikely that this equates to a truly impulsive formation being developed.
The tell-tale sign for me is the extreme shallow correction that we see in the boxed area. Some would classify this as Wave 2 but I'm more inclined to believe it to be a Wave B instead. While it is possible for Wave 2 to find support/terminate near the 0.38 fib level, it is quite rare and even when it does, generally it still makes a return to the previous sub-wave 4. In this case of Ethereum this has not manifested.
If not in an impulsive wave, as the price action suggests, there are 2 options as to how this could play out:
1 - it Luna bombs and eventually makes new all-time lows.
2 - it drops to 0.618 - 0.89 fib levels (compared to the size of Waves A and C combined) and finds support there before resuming upside.
With this in mind, support at/near $20 is the very best outlook for Ethereum's mid-term future. From $6K-$7K, this would equate to a massive 99% drop and this is a very perfect reason why its important to study and understand the science of price action. The last macro crypto pattern I've seen resemble this form was Luna. I thought it would find support at $1.50 but instead it dropped to $0.0000. My Luna prediction was shared well before the drop came. We will see in the years ahead if Ethereum follows suit or if bulls make a stand.
Until next time, stay safe and don't drown. Peace!
ETHEREUM SWING LONG|
✅ETHEREUM is trading along the rising support
And as the coin will soon retest it
I am expecting the price to go up
To retest the supply levels above at 3382$
LONG🚀
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ETH updateETH has stopped on important Support area (twice).
WHN/IF we break under (3200), we should see next Level (dotted area).
$ETH #Ethereum Trading IdeaETH/USD (Ethereum) formed a descending channel pattern. Traders are trading it in this channel at the current moment. At around $3,300 there is strong support, but if we lose it we can see lower prices on CRYPTOCAP:ETH like $3,000. Trade inside this channel till it breaks!
Could price bounce from here?Ethereum (ETH/USD) is falling towards the pivot which has been identified as a pullback support and could bounce from the level to the 1st resistance.
Pivot: 3,355.63
1st Support: 3,272.65
1st Resistance: 3,468.05
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ETH, expect the next big move. Note the FVG labeled in the chart, imagine its a big magnet for the price to draw.
I think we will see price slowly grinding up and once it reaches to the FVG, it will accelerate the move.
Just be prepare and don't let those "pro traders" mess up your mind. I have been there. I am still bullish.
Jun.26-Jul.1(ETH)Weekly market recapThe PCE of May was better than the previous value, and the power of shorts has slowed down. This Friday will usher in important NFP. This will restart the medium-term trend. Many financial markets pulled back after rise in NFP in last month. Although we all know that the increase in NFP is likely to come from political needs and the increase in illegal immigration. Therefore, there is a divergence between it and the unemployment rate. However, with the market's full interpretation, we believe that as long as NFP is not significantly higher than expected, the market may ignore NFP and price a new round of interest rate cuts.
The SEC recently returned some applicants’ S-1 documents regarding ETH ETF and required them to submit documents again within July 8. ETH ETF is getting closer. The formal approval of the BTC ETF is after the U.S. stock market closes, so the ETH ETF may also be within this time point. Economic data aside, the ETH ETF will be key over the next 10 days.
Although Mt. Gox brought FUD, the BTC ETF has turned to net inflows for 5 consecutive days, which shows that institutions have reopened BTC.
ETH has remained fluctuation over the past week, as we expected. But the ETH ETF is about to be launched, and this cycle is still for ETH. The response from an indicator level is lackluster. There are no obvious whales on the WTA indicator, and trading volume has not increased. The ME indicator continues to fluctuate, causing the wavy area to further narrow.
In summary, we believe that ETH's performance this week may be stronger than BTC, but this depends on the time when the ETH ETF is listed. We maintain our original resistance level 4000 and support level 2800.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Ethereum Products See Highest Outflows Since 2022 Ahead of EtherEther ETFs are close to becoming available for trading in the U.S. after the Securities and Exchange Commission (SEC) approved applicants' filings last month. The regulator must also approve their S-1 filings before the products are cleared to trade.
Firms such as Galaxy say ether ETFs could see $5 billion of net inflows in the first five months, while Bitwise expects $15 billion in their first 18 months. The demand for the planned products is expected to come from independent investment advisers and broker/dealer platforms.
TVL Growth Adjusted to Token PriceTVL - Total Value Locked - is an important indicator of the healthiness of on-chain activity.
The chart shows the TVL adjusted by the native token for different chains.
This allows us to track the TVL growth normalized by the price appreciation, isolating how much the TVL comes from net new inflows rather than price appreciation.
When the TVL Growth Adjusted to Token Price is positive, it's a bullish sign for that crypto or chain.
For June, these are the winners:
Arbitrum: +40%
Polygon: +11%
Total TVL/Crypto Mcap: +6.8%
TON: 2.1%
Avalanche: -1.7%
ETHUSD potential bearish batOn the daily chart, ETHUSD is currently fluctuating. In the short term, we can pay attention to the resistance near 3580 above, which is the short position of the potential bearish bat pattern D point. Pay attention to the 3360-3400 area below.
SELL @3580
TP 3400
SL 3625
Chances of ETH Price To Hit $5000 With A GOD CandleCurrent Price: Ethereum trading at $3,447 with minimal growth of 0.26%.
50D EMA Resistance: ETH price fails to surpass the 50-day Exponential Moving Average.
Price Rejection: After a top at $3,518, the price reverts to $3,420.
ETF Listing Delay: Delay in Ethereum ETF listing creates market anxiety and underlying weakness.
Higher Price Rejection: Recent price action shows a long-wick candle, indicating potential reversal.
Accumulation Phase: ETH struggles to break past the accumulation phase.
Consolidation Breakdown: Prices may revert to the ascending support trendline.
Bullish Indicators: Positive crossover in MACD and rising 200D EMA support an uptrend theory.
God Candle Anticipation: Market expects a significant price surge (God candle) with ETF listing.
SEC Delay: SEC requests another round of submissions for ETF listing, causing uncertainty.
All-Time High Potential: Possible target of $5,000+ levels if God candle materializes.
Fibonacci Target: 1.272 Fibonacci level at $5,581 indicates a 60% rise from the current price.
Ethereum _ Falling Wedge Pattern Breakout. Traget is $3881In Ethereum, a Falling Wedge Pattern has formed and Breakout, also completing the 0.6 Fibonacci Retracement level. The next Target is $3881.
Ethereum’s Ascend to New Heights: Key Levels and Catalysts COINBASE:ETHUSD
Hello, TradingView community, this is TristanAgent bringing a fresh look at Ethereum’s current momentum and potential upward trajectory. The attached chart outlines critical technical patterns and price movements.
Key Technical Observations:
1. Descending Channel Breakout: Ethereum is challenging a significant resistance at $4,250, indicated by recent price actions. Overcoming this level could set the stage for a bullish push towards $4,000 and higher.
2. Staking and Supply Dynamics: A substantial increase in ETH staking has been observed, signaling a strong bullish sentiment and a potential decrease in market supply. This could further fuel the upward movement if the resistance is breached.
Market Catalysts:
• Ethereum Network Upgrade: The upcoming Dencun upgrade is poised to enhance transaction efficiency, potentially increasing Ethereum’s attractiveness to developers and investors.
• Anticipation Around Ethereum ETFs: Market excitement builds as the potential listing of Ethereum ETFs could draw significant capital inflows, driving up ETH prices.
Strategy Going Forward:
• Long Position: Consider a long position if ETH price sustains above the $4,250 resistance, with a target of $4,500. Set stop losses strategically below $4,000 to mitigate risks.
• Keep Updated: Stay alert to any announcements related to the ETFs and network upgrades, as these could dramatically influence Ethereum’s price movements.
Conclusion:
Ethereum shows promising signs of a strong upward trend. With key market developments on the horizon, now is a crucial time for traders to watch for breakthroughs at critical resistance levels.
Chart Analysis:
The attached chart highlights these insights, showcasing Ethereum’s potential paths and critical levels. Keep this chart handy as a visual guide for your trading decisions.
Tags: #Ethereum #Crypto #Investment #TechnicalAnalysis #TristanAgent
Feel free to share your insights and strategies in the comments below. Let’s engage in fruitful discussions and help each other navigate the ever-evolving crypto landscape. Happy trading!
ETHUSD Bull Run Forecast: Key Support Level & Bul Market InsightEthereum (ETHUSD) currently shows a strong support level at $2760. From this level, there is a high possibility of a significant gain. However, if the $2760 support level fails, we can expect the next major support between $2100 and $2200. This area should provide a strong bounce as the bull run approaches.
Historically, Ethereum has shown major movements during bull markets. In January 2016, Ethereum flipped resistance and saw a massive pump, creating a new resistance zone by January 2018. The next bull market in May and November 2021 saw Ethereum touching this resistance twice. We anticipate a similar pattern with the upcoming bull market, potentially reaching this resistance by March or April 2025. If not, we could see this level touched in October or November 2025. Each bull market is characterized by significant volatility, and we expect similar movements this time.
Our targets for Ethereum during the bull run, based on historical data and calculations, project a minimum target of $18,422 by March 2025. If Ethereum flips this resistance by July or August 2025, we could see a maximum target of $23,350 by October or November 2025. Historical bull markets in 2017, 2018, and 2021 have shown unexpected price pumps, and we anticipate similar volatility in Q1 and Q4 of 2025.
We recommend staying active in your trades and keeping an eye on the resistance zones. Long positions should be exited by March or November 2025 as the bull market is expected to end, leading to a downward trend in 2026.
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