EthereumOkay let's break down my analysis of Ethereum I know ETH is weak against BTC but somehow when BTC gets into a correction zone ETH can pump and be ready for that if the market does crash I will long ETH again around 1800 to 1900 Longby DMBazaar0
$2840 as a target ?There is a strong probability for the price to reach $2840 according to this Ichimoku daily chart.Longby trader77974Updated 336
Why ETH is not going up? Dying slow death?ETH has lost its momentum and correlation with BTC for quite some time, even before the ETF announcements. It appears that institutional investors who previously held significant positions in ETH have shifted their focus entirely to BTC. What are your thoughts about ETH?by BitcoinForecast0
ETH/USDWe are on a strong resisting support on ETH 3075 but am not actually seeing this price clearly so am not really decided about this setup. Lets just just watch this setup clearly surely we might catch a good sniper entry.by FX-Pro-Scalper1
Nov.12-Nov.18(ETH)Weekly market recapAs the cryptocurrency market continues to expand, several factors will influence the sustainability of the current upward trend. Firstly, the direction of the Federal Reserve's monetary policy is crucial. If inflation resurges and leads to a tightening of monetary policy, it could pose a significant obstacle to market gains. Additionally, the implementation of specific policies by the Trump administration, including the establishment of regulatory frameworks and strategic reserves, will also play a vital role. Moreover, the ongoing participation of institutional investors is a key factor, as their capital flows often have a substantial impact on market trends. Currently, the cumulative net inflow for BTC ETFs stands at $27.714 billion, while ETH ETFs have seen a net inflow of $139 million. It is noteworthy that since August 5 of this year, Tether has minted over $7 billion USDT on the Ethereum blockchain. Changes in the supply of stablecoins have become an important market indicator; an increase in stablecoin supply not only reflects market confidence in cryptocurrencies but also provides potential support for subsequent price increases. After retreating to around $3,000 last week, ETH has been experiencing fluctuations. The blue bars of the WTA indicator, which represent whale activity, are still present. The orange wave area of the ME indicator has shifted to purple, indicating a strengthening of bullish sentiment. In summary, we believe that ETH may rise this week, but it is essential to remain cautious of price volatility risks. We maintain a resistance level at $3,400 and a support level at $3,000. 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.Longby Sypool0
If EHT don't go below jun. 2022Hi, all... some thought's about ETH. If jun LOW is the bottom, in terms of EW theory, we are in last leg UP wave 5 so it's possible to be very close to interior wave 2 of that BIG 5. IF that jun low will fail another potential target below. GOOD luck to all and DYOR ( I'm just a guy who watch YT crypto content :) so if you play with money, following this type of analises it's YOUR decision.by MynameisTeoUpdated 119
#ETH/USDT#ETH The price is moving in a descending channel on the 1-hour frame upwards and is expected to continue We have a trend to stabilize above the moving average 100 again We have a descending trend on the RSI indicator that supports the rise by breaking it upwards We have a support area at the lower limit of the channel at a price of 3009 Entry price 3162 First target 3290 Second target 3378 Third target 3500Longby CryptoAnalystSignal0
ETH Rejection incomingLots of sellers above 3100. Rejection is probable this moment. I think it will retrace to the 0.5 Fibonacci level. Shortby ducky1004kwak112
When new ETH ATH?Let’s compare BTC ATH and ETH ATH in 2017. As you can see on the chart, the gap between BTC ATH and ETH ATH is 28 days. Now we know that the recent BTC ATH was reached on November 6, the day after the U.S. elections. Based on this, I predict a new ETH ATH around the middle of December.by Anatomyofbitcoin1
Ethereum Support & Resistance AnalysisHello Intrepid Traders , Here's an Analysis of Support, Resistance, RSI, and Price Action for the ETH/USD pair. Support and Resistance Levels: Resistance Zone: Around the $3,400 - $3,500 range, marked by the red horizontal line. The price recently tested this level and pulled back, indicating strong resistance. Support Zones: Key support is visible in the $2,700 - $2,800 range, with multiple bounces in the past. Another potential support level lies around $2,400 - $2,500, which has previously held the price during downward movements. Moving Averages (50 EMA and 200 EMA): The 50 EMA (green) has crossed above the 200 EMA (red), forming a "Golden Cross." This crossover often signals bullish momentum and can suggest further upside if the price holds above these levels. The price is currently above both EMAs, indicating a bullish trend. However, the recent pullback toward the $3,000 level shows a need for caution in case of a deeper retracement. RSI Analysis: The RSI is around 58, suggesting mild bullish momentum but not yet overbought, meaning there’s room for upward movement if the buying pressure resumes. If the RSI remains above 50, it would indicate sustained bullish momentum . However, a dip below 50 might signal a shift towards a bearish trend or further consolidation. Price Action: Recent price action shows a pullback from the $3,500 resistance level, suggesting that sellers are active at this price point. If the price finds support around the $3,000 level or the 50 EMA, there could be a bullish rebound . However, a breakdown below this level might signal a deeper correction toward the $2,700 support zone. Psychological Levels are likely as follows: $3,000: This is a significant psychological level as it’s a round number and close to the current price action. It serves as a key support level, and holding above this could reinforce bullish sentiment. If the price drops below $3,000, it may indicate a shift in market sentiment, potentially leading to a deeper correction. $3,500: This level marks recent resistance and is another strong psychological level. Breaking above $3,500 would likely trigger increased buying interest, as it could signal a continuation of the bullish trend and indicate that the price is moving towards higher targets, like $3,800 or $4,000. $2,500: Serving as a lower support, $2,500 is also a round number and previously held as a support level. If Ethereum were to drop down to this level, it would be a major test of market sentiment, as a break below could lead to further declines toward $2,000. $4,000 (Upper Target Level): Although not shown in the immediate price action, $4,000 would be a major psychological milestone if the price continues to rise. Reaching or breaking above $4,000 would likely attract considerable interest and could signify strong bullish momentum. Potential Scenarios Bullish Scenario: If the price finds support around the $3,000 level or near the 50 EMA and bounces, it may retest the $3,400 - $3,500 resistance zone. A breakout above $3,500, confirmed by RSI staying above 50 and strong volume, could signal further upside with a potential target around $3,800. Bearish Scenario: If the price breaks below the $3,000 level and the RSI falls below 50, a deeper correction is likely. In this case, the price could test the next support around $2,700 - $2,800. A break below this support would open the path toward the $2,400 level. Leave your own predictions in the comments. More power to all your trades! Intrepid Traderby RSibayan4
Ethereum Buy Signal Strategy AnalysisHello Intrepid Traders, Here’s a method you can use to monitor for the next buy signal in Ethereum: Monitor the 50 EMA Keep an eye on the current price in relation to the 50 EMA (green line). For a buy signal, the price should move above the 50 EMA and remain there. Watch the RSI Level Look for the RSI to cross above 50. This indicator suggests buying momentum and provides additional confirmation if the price is also above the 50 EMA. Combined Trigger When both the price is above the 50 EMA and the RSI crosses above 50, it would generate the next buy signal according to the criteria. Key Observations from the Chart Trend Analysis: The price is currently above both the 50 EMA (green) and the 200 EMA (red), indicating a bullish trend. This trend suggests that any new buy signals may likely succeed if the bullish momentum continues. Support Zone: There is a horizontal support zone highlighted around $2,700 - $2,800, which has held strong. The price has previously tested this area, indicating a potential area of support where buyers may step in if the price retraces. Previous Buy Signals: The marked buy signals align with instances where the RSI was above 50, and the price crossed above or stayed above the 50 EMA, supporting a successful entry strategy. RSI: Currently, the RSI is above 50 but trending downward. If the RSI approaches 50 and then bounces, this could signal continued bullish strength if the price remains above the 50 EMA. Trade Prediction Strategy To find the next profitable trade, consider the following scenarios: Bullish Scenario (Continuation of Bullish Trend): Wait for RSI Bounce Above 50: If the RSI approaches but holds above the 50 level and starts to rise again, it suggests buying momentum. Confirm Price Above 50 EMA: Ensure the price remains above the 50 EMA during this time for added confirmation of bullish conditions. Entry Point: Buy when the RSI bounces off 50 and the price stays above the 50 EMA with solid momentum. Target: Use the recent high near $3,200 as a target or consider an extended target based on further trend analysis if momentum is strong. Stop Loss: Place a stop loss slightly below the support zone around $2,700 to protect against a false move. Bearish Scenario (Breakdown Below Support Level): Break Below 50 EMA and Support: If the price breaks below the $2,700 - $2,800 support zone and the 50 EMA, and the RSI drops below 50, this could indicate a trend reversal or correction. Confirm RSI Below 50: Wait for the RSI to stay below 50 to confirm bearish momentum. Entry Point: Consider a short position if the price drops below both the support zone and the 50 EMA. Target: Use a target derived from the height of the recent uptrend, measuring a potential retracement. Stop Loss: Place a stop just above the $2,800 level in case the breakdown is false and the price reverses. Additional Considerations Volume Confirmation: Look for increased volume on either the breakout or breakdown. Higher volume supports the validity of the move. Wait for Candle Close: Ensure the price closes above the descending trendline for a breakout (in the bullish scenario) or below the support level (in the bearish scenario) to avoid a false move. This setup offers a structured approach for monitoring Ethereum's price action to identify the next profitable trade based on current indicators. Leave your own predictions in the comments. More power to all your trades! Intrepid Traderby RSibayan3
ETH Drama Alert!So, what the heck happened with Ethereum yesterday? One minute we're riding high, and the next, it's like ETH decided to take a spontaneous bungee jump without the cord! 🎢 Picture this: ETH was chilling at a respectable $3,883, probably sipping on some digital mojitos, when suddenly, it remembered it had an appointment with gravity. Fast forward a few hours, and we're staring at $2,100, wondering if ETH just had a mid-life crisis. 😱 Was it the market? Was it the moon? Did someone forget to feed their crypto hamster? Who knows! But one thing's for sure, ETH gave us all a heart attack and a half. 💔 But hey, let's look on the bright side. At least now we have a great story to tell at the next crypto party. "Remember that time ETH decided to play 'How Low Can You Go'?" 😂 Bearish Scenario: ETH decided to take a nosedive below $2,200. It's like ETH saw a ghost and just ran for the hills! 👻💨 If it keeps this up, we might need to start a search party. 🕵️♂️ Bullish Scenario: On the flip side, if ETH can muster up the courage to break above $3,400, we might just see it soaring like an eagle! 🦅✨ It's like ETH is trying to win a high jump competition. 🏆 So, will ETH continue its spooky descent, or will it rise like a phoenix? 🔥 Only time will tell, but one thing's for sure – it's never a dull moment in the crypto world! 🌍💸 Stay strong, This rollercoaster isn't over yet. 🎢💪 Longby CryptoWhale100BillionUpdated 112
When’s Ether’s chance to shine?Ether and various other major altcoins have followed bitcoin’s recent move up to differing degrees. Positivity comes from futures, likely crypto-friendliness from the incoming American government and the prospect of looser monetary policy in the USA, while important unique factors in favour of Ether particularly include a much lower price than bitcoin and a large distance remaining before the previous all-time high. The next likely strong resistance is the area of July’s highs around $3,500. Overbought isn’t usually a key factor for a cryptocurrency under these conditions of strongly positive sentiment, but there hasn’t been such a visible jump in volume for Ether compared to bitcoin. The 200 SMA has been decisively broken for now as a dynamic resistance and might flip to being a dynamic support instead, being only slightly below the psychological area of $3,000, so for some new buyers Ether seems more appealing because finding a decent stop looks a lot easier compared to bitcoin. However, many of the same caveats for buyers apply here as with bitcoin: sentiment can change very quickly and higher liquidity can make downward as well as upward movements faster and less predictable. This is my personal opinion which does not represent the opinion of Exness. This is not a recommendation to trade.by Michael_Stark_Exness0
ETH/USDThe price made a strong move with a short delay after bitcoin and is also showing signs of a bullish momentum starting...For traders its best to wait for right confirmations and trade off of important levels and for investors its probably best to actually just put money in now when its still at a so so low price... but dont be fooled because there is also a chance that people are getting hyped now that the price of btc jumped but that doesnt mean its going for 100k right away! Be carefull and trade by your rules even in these times of pumps and dumps and so on :)by EliteFxAcademy_CRYPTO8
Market structure on ETHYou know me for spotting fractals that works and do not. Here is another one pretty clear. I highlighted every aspect of it even tho it's not 100% the same but close to 80%+ Press play and enjoyShortby abfishUpdated 0
Don't let a few red Candles shake you out of you #CRYPTOpositions. You should have had plenty of time to accumulate bluechip #ALTS and #ETHEREUM Red candles are a blessing this year, if your still positioning yourself for the next Bull run We will swing wildly between Hope and Despair on the #WallSt cheat llst Yet the path remains up. Remember #ETH was sub $900 last June Maybe the doubters will change their mind after a Triple :)Longby BallaJiUpdated 114
Ethereum (#ETH_USDT) Daily Chart Update#Ethereum (#ETH_USDT) Daily Chart Update Ethereum has recently displayed a bearish pullback after testing the key resistance level at $3,319.38. The price initially broke above the previous resistance at $2,790.99, which may now act as a new support level. Key Levels to Watch: Resistance 2: $3,319.38 Resistance 1 (Potential Support): $2,790.99 Lower Support Zone: The red area around $2,400 If ETH holds above Resistance 1 and shows a bullish daily close, it may signal the continuation of the recent uptrend, possibly leading to a renewed rally. However, a break below this level could indicate further consolidation or a potential retest of the lower support zone. Traders should monitor price action around Resistance 1 for confirmation of the next move. #Ethereum by SahilTrader515
bullish for etheriumWe have strong support for etherium here and the next target is 5k do just prepare your accounts for 5k target that a good level for to achieve in 2024 for etherium.Longby MisterProfessor3
Etherium is ready to retrace ????Etherium is ready to retrace ???? Targets are mentioned in the chart GK trade ManthanShortby GKTrademanthan2
ETHER - Bullish Move Expected ETHER is Bullish on long term however Wave 1 is exhausted and a retracement to 50-61.8% Fib level is required to complete Wave 2 which should provide a potential buying opportunity. We need to be mindful of strong dollar and end of year profit taking as the Wave 3 may take time to load. A break below the entry zone may void this analysis so please be watchful. The "Risk !" label indicates zones where price reversal is possible. The higher the risk level (e.g., Risk !!!), the greater the likelihood of a potential reversal. For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management. If you found this analysis helpful, please consider boosting and following for more updates. Disclaimer: This content is for educational purposes only and should not be considered financial advice.Longby MarketsPOV6
HolderStat | whales are withdrawing BTC from exchanges📊 According to Glassnode analytical service, whales have been actively withdrawing BTC from exchanges for a week. 💡 Such behavior of large wallets may mean expectations of further market movement before the beginning of liquidity overflow from BTC to altcoins.by HolderStat2
eth time basedtargets based on time from peaks. yada yada yada yada yada yada yada yada yada yada yada yada yada yada yada yada yada yadaby jonto223
Nov.05-Nov.11(ETH)Weekly market recapLast week, Trump defeated Democratic candidate Harris on Wednesday to win the 2024 U.S. presidential election, following his promises of several supportive cryptocurrency initiatives that are expected to materialize. These include the dismissal of the Chair of the U.S. Securities and Exchange Commission (SEC), the establishment of a strategic BTC reserve to hold digital currencies obtained from assets seized from financial criminals by the federal government, and the promotion of the U.S. BTC mining industry, with the hope that the remaining global BTC will be mined in the United States. Currently, the U.S. is in a rate-cutting cycle, with a reduction already implemented on November 8, and another expected this year. As long as the CPI data on November 13 does not exceed expectations, the likelihood of further rate cuts is significant. Last week, there was a substantial net inflow into ETH ETFs, indicating that following Trump's victory, the favorable monetary policy has sparked optimism and speculative behavior among investors, leading to a significant influx of capital into the cryptocurrency market. Given the current landscape, the cryptocurrency-friendly regulatory environment, the substantial inflow of funds into ETH ETFs, and the macroeconomic benefits of the Federal Reserve's rate cuts are all catalysts for ETH's rise last week and its potential future increases. Under the leadership of BTC, ETH exhibited a one-sided upward trend last week, with the increase nearly compensating for the decline experienced since July of this year. The WTA indicator has shown blue bars, indicative of whale activity, suggesting significant capital inflow. Meanwhile, the orange wave area of the ME indicator is rapidly tightening, signaling a weakening of bearish sentiment. In summary, we anticipate that ETH may rise this week, although caution is warranted regarding potential pullbacks. We have adjusted the resistance level to 3400 and the support level to 3000. 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.Longby Sypool3