ETHUSD BUY ANALYSIS FALLING WEDGE PATTERNHere on ETHUSD price has form a rising wedge pattern in which line 3991.19 has broken which means that there is a chance of going more up and trader should go for LONG with expect profit target of 4082.33 . Use money managementLongby FrankFx143
ETH/USD Trade1. no divergence at 1 hour time frame 2. at 0.618 of fib from last swing low and at 0.382 from previous major swing so strong supportLongby BilalHassanAlvi3
Ethereum Ethereum (ETH) trades above $4,000 for the first since March on Friday after seeing record ETF inflows and higher preference from investors over Bitcoin.Since the US elections, Ethereum has outshined Bitcoin, with its growth accelerating after SEC Chair Gary Gensler announced he would retire on January 20, Bybit noted in a December 5 "Volatility Review" report. The report noted that traders are beginning to reallocate their preferences to ETH, as revealed by the notable ETH/BTC ratio shiftThe ratio has sprung from a low of 0.31 on November 19 to over 0.4 on Friday. The outperformance of ETH against Bitcoin has also seen a drop in Bitcoin dominance, leading to speculations of the beginning of an altcoin seasonShortby KingForex0781
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
ETH/USD Eyes Growth Amid Heavy Selling PressureHello, BITSTAMP:ETHUSD is positioned for further growth, with resistance looming at 4325.42. However, the market currently shows strong seller activity, suggesting the price may soon reverse direction. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344by TradeWithTheTrend33441
ETH Long-term StrategyWhen to buy CRYPTOCAP:ETH ? Consider the well-known Fear & Greed + WV Keltner channel. I don't like DCA, I consider it too simple a strategy, but it is suitable for many who do not have all the liquidity at once + its simplicity will be an advantage for many. So when the market feels Fear and the price enters the green zone, it is a favorable time. Right now, we're hovering above the baseline, and it's not the best time to buy.by FeelsStrategyUpdated 4413
THE CYCLE OF MARKET EMOTIONSWhen delving into the world of trading, one pivotal aspect often overlooked is psychology. In trading, we engage in two distinct psychological aspects: the collective psychology of the trading community and our unique mindset as individual traders. While we cannot change the psychology of the masses, understanding it is crucial. Equally important is the necessity to reflect on and, if needed, adjust our own psychological framework. In this article, we will primarily focus on the psychology of the individual trader. The Complex Nature of Trading As an aspiring trader, sooner or later, you will come to appreciate that the intricacies of trading go far beyond merely analyzing charts and fundamental data. It’s a common belief that a majority of new traders—around 80%—will face failure early on. If you haven’t experienced failure yet, consider yourself fortunate, and prepare for the inevitable realization: many of your trading challenges stem from within. One of the most significant emotional hurdles traders face is fear—fear of missing opportunities, fear of losing money, fear of leaving profits untapped, and fear of making mistakes. If you wish to thrive in this field, overcoming these fears is essential. The Weight of Fear Throughout our lives, we’re conditioned to avoid being wrong and to strive to secure our finances. However, trading operates on a different frequency. Many traders dedicate their time solely to identifying promising trades. Once they enter a position, they often experience a tumultuous rollercoaster of emotions, ranging from anxiety over potential losses to elation during winning streaks. It’s vital to recognize that successful trading is not only about these emotions but about keeping them in check. Experienced traders understand the fundamental role psychology plays in trading; conversely, novices may overlook or dismiss it. I aim to help you develop a better understanding of emotional management as a trader. Prioritizing Survival Before anything else, as a trader, you must prioritize staying in the game; survival comes first. Research shows that approximately 90% of traders fail before they ever achieve consistent profits. To belong to the successful 10%, you must adopt a different mindset. It’s unfortunate that many individuals are drawn to trading due to the thrill it offers—the allure of quick profits with little initial capital. For such traders, the thrill often leads to reckless decisions, with no concrete strategy in place. Instead of following a thorough trading plan that accounts for risk management, they bounce from one tip to another, often neglecting the discipline crucial for success. The Pitfalls of Emotional Trading Trading motivated purely by excitement leads to poor decisions characterized by high risk and unfavorable odds. When a loss occurs, many traders seek external factors to blame: the market’s fluctuations, manipulation by large players, or insider trading. However, the harsh reality is that the primary person to be held accountable is you—the trader. Accepting personal responsibility is a fundamental step towards becoming a successful trader. Essential Ingredients for Trading Success To navigate the path of successful trading, you will need to master four critical components: psychology, market analysis, a robust trading plan, and effective money management. In this exploration, we will focus primarily on the psychological component. Read Also: The Value of Psychological Awareness People often ponder whether my background in psychology has contributed to my trading success. The answer is yes. Psychology equips me with the ability to face reality and introspect regarding my emotional responses. This training has taught me that dwelling on past mistakes or feeling regretful is unproductive—what truly matters is taking actionable steps for improvement. Learn to view each trade as an isolated event, unaffected by previous or subsequent trades. Losses are an inevitable part of trading, and embracing them as a reality is crucial for long-term success. Understanding Your Trading Style It’s essential to reflect on your trading personality. Are you a discretionary trader—one who relies on instinct and external inputs such as news articles, broker tips, or peer opinions? Or are you a mechanical trader—someone who follows a well-defined trading plan, adapting it slowly over time while avoiding changes during open trades? Identifying your style will not only help you understand your reactions to the stresses of trading but will also guide you in crafting a suitable trading plan. Discovering the Secret to Success Every trader grapples with the pressures of this challenging profession. Yet, what gives you an edge in this competitive landscape filled with seasoned professionals equipped with advanced tools? The answer lies within you. Your perception shapes your trading experience. Only you can gauge how you will respond to criticism, endure losing streaks, or celebrate significant wins. Your beliefs and values dictate your attitude toward money, risk, excitement, and perseverance. Becoming aware of these elements is the first step toward mastery—controlling or, if necessary, transforming them. Read Also: Crafting Your Trading Plan To better understand your trading persona, consider maintaining a trading journal. Document your emotional responses, trading behaviors, and overall experiences. This exercise will reveal vital insights about whether you're suited for a specific trading style—be it investment, day trading, or longer-term strategies—and help you craft an appropriate trading plan that aligns with your unique personality. Read Also: Conclusion: The Road Ahead Trading is undoubtedly a difficult and stressful endeavor. However, with the right mindset and tools at your disposal, you can navigate this challenging field with confidence. This article serves as an introduction to understanding the vital psychological factors that can influence your trading performance. As you progress, remember to continually assess your emotional health and refine your trading strategy. Establish a comprehensive trading plan before you leap into future trades, ensuring that you’re as prepared as possible for the challenges ahead. With dedication and self-awareness, you can significantly increase your chances of thriving in the trading world. By focusing on your mental approach and understanding the roots of your trading behavior, you can pave the way for a successful future in the exciting world of share trading. Happy trading! Read Also: ✅ Please share your thoughts about this educational post in the comments section below and HIT LIKE if you appreciate! Don't forget to FOLLOW ME; you will help us a lot with this small contribution Educationby FOREXN11116
Is Ethereum Poised to Reach $5,000? Analyzing Its Fractal JourneEthereum's Fractal Journey Towards $5,000: A Deep Dive The Fractal Nature of Crypto Markets The cryptocurrency market, much like any other financial market, is subject to cyclical patterns. These patterns, often referred to as fractals, are repeating structures that occur at different scales. Identifying and understanding these fractal patterns can provide valuable insights into future price movements. Ethereum's Fractal Alignment with Bitcoin and XRP Recently, Ethereum (ETH) has exhibited a remarkable price surge, aligning with similar fractal patterns observed in Bitcoin (BTC) and XRP (XRP). Bitcoin's Influence on Ethereum Bitcoin, often considered the "digital gold," has historically been a significant driver of the broader cryptocurrency market. As Bitcoin ascends to new heights, it often pulls other cryptocurrencies, including Ethereum, along with it. • Correlation and Co-movement: Bitcoin and Ethereum have shown a strong correlation in recent years, especially during bull markets. As Bitcoin's price increases, it can lead to increased investor interest in Ethereum and other altcoins, driving their prices higher. • Market Sentiment and FOMO: Bitcoin's bullish momentum can create a positive market sentiment, attracting new investors to the cryptocurrency space. This influx of new capital can fuel demand for Ethereum and other altcoins, pushing their prices higher. • Ethereum's Fractal Alignment with XRP A fascinating development in the cryptocurrency market is the emerging fractal pattern between Ethereum and XRP. Both cryptocurrencies have recently broken out of similar symmetrical triangle patterns. • Symmetrical Triangle Pattern: This technical analysis pattern often indicates a period of consolidation before a significant price movement. Once the price breaks out of the triangle, it can lead to a substantial price increase or decrease. • XRP's 390% Rally: XRP experienced a remarkable 390% rally after breaking out of a symmetrical triangle pattern. This historical precedent suggests that Ethereum could follow a similar trajectory, potentially leading to a significant price surge. • BlackRock's ETH ETF: A Catalyst for Growth BlackRock, one of the world's largest asset management firms, recently filed for an Ethereum ETF. This move has the potential to significantly impact the price of Ethereum. • Institutional Adoption: BlackRock's entry into the Ethereum market could attract more institutional investors to the cryptocurrency. This increased institutional interest can lead to higher demand for Ethereum, driving its price higher. • Increased Liquidity: BlackRock's Ethereum ETF could increase the liquidity of Ethereum, making it easier for investors to buy and sell the cryptocurrency. Increased liquidity can help to stabilize the price of Ethereum and reduce volatility. Ethereum's Potential Price Target: $5,000 Based on the aforementioned factors, including the fractal patterns, Bitcoin's influence, XRP's recent rally, and BlackRock's ETH ETF, it's not unreasonable to speculate that Ethereum could reach a price target of $5,000 in the near future. However, it's important to note that the cryptocurrency market is highly volatile, and price predictions should be taken with a grain of salt. A variety of factors, including global economic conditions, regulatory developments, and technological advancements, can impact the price of Ethereum. Technical Analysis: A Deeper Dive To gain a more comprehensive understanding of Ethereum's potential price movement, it's essential to delve deeper into technical analysis. • Relative Strength Index (RSI): The RSI is a momentum oscillator that measures the speed and change of price movements. A high RSI reading (above 70) indicates that the asset is overbought, while a low reading (below 30) indicates that it is oversold. • Moving Averages: Moving averages are trend-following indicators that smooth out price data over a specific period. A popular moving average combination is the 50-day and 200-day moving average. A bullish crossover occurs when the 50-day moving average crosses above the 200-day moving average, indicating a potential uptrend. • Support and Resistance Levels: Support and resistance levels are price levels where the price of an asset has historically struggled to break through. These levels can provide valuable insights into potential price targets and reversal points. • By combining technical analysis with fundamental analysis, investors can make more informed decisions about investing in Ethereum. Conclusion Ethereum's recent price surge, coupled with the emerging fractal patterns and the influence of Bitcoin and XRP, suggests that the cryptocurrency has the potential to reach significant price targets. However, it's important to approach investing in cryptocurrencies with caution and conduct thorough research. As the cryptocurrency market continues to evolve, it's essential to stay informed about the latest trends and developments. Longby bryandowningqln2
$ETH 200 Moving Average Test then Rocket?CRYPTOCAP:ETH 200 Moving Average Test then Rocket? It would make sense if a correction occurs following this sideways action post-$4,099 reached. Perhaps not so deep as some predictions, but potentially $4,865. Not advice. I do not know jack. by goldlot70114
ETHEREUM TO $4,640!I posted this trade before entry in the Covesta community but forgot to post it here so here is a mid trade update lol! Generally speaking i think ETH was pretty shaky prior to the BTC rally starting in late November which resulted in all ALT's rallying so i think some of the bearish / sideways momentum in ETH has been covered due to the general successful outlook on crypto. I would like to see ETH push higher and i would anticipate that happening based on current market conditions coupled with the data the charts are providing. As you can see i entered this trade at $3,691 after a pull back on the fib confirming the 61.8% price rang, as well as a rejection from the 9/21 SMA's on the 2hr. There is also an area of support at around $3,750 which helped support ETH to push higher and finally ETH has been in an upward cycle clearly shown by SMA's on all higher time frames. After bouncing from this level there was some slight consolidation around the $3,870 price point likely due to it being a key level so a lot of position's would be liquidated here causing relief & for the markets to lose some momentum / pull back. ETH has since broke through that key level as well as reaching the EUROTLX:4K mark. I have now moved my stop to $3,880 to lock in some % as well as remove risk on this trade. My first target is $4,245 with a secondary, longer term target of $4,630. These targets are based on key levels and fib projections which are based on historical data. Longby h77nry14
ETH BULLISHThis chart is bullish trend, trading above the 200 SMA and 50 SMA, price action is still above the 8 EMA after an 8 EMA - 34 EMA cross on November 6th, 2024. Maybe a throw back 3800-3900, or consolidation here, until we move up to about the 4300 Range. ETH looking strong.by yourfrencrusher2
$ETHUSDNot financial advice. BITSTAMP:ETHUSD working its way up according to the Fibonacci levels. News aside it the ETF gets approved CRYPTOCAP:ETH won't be the only one to turn bullish but, in my opinion, all the altcoins and projects in the same ecosystem. Like and subscribe for more ideas. Thanks.by alex666666Updated 229
ETHTF: 1 Hr ETH has made a nice leg higher, price may dip down back into previous volume before moving higher. I like the POC shown on the chart + the 0.50 to 0.618 retracement of the previous up move as an area for retesting if it decides to pull backby MC_Mike_Trading1
Look for Spikes to get Long EthereumLate to the crypto bull run? Maybe not! Technical Analysis is not about predicting the future... it is about identifying opportunity. COINBASE:ETHUSD has been bullish for a few weeks and I've been patiently waiting for it to trigger a setup. I got what I was looking for on Tuesday of this week and it made for a great teachable moment combining my Spike Indicator, 50% Retracements, and Volume Profile. Another "MUST TAKE" opportunity that traders should study and look for...Long05:36by norok1113
ETHUSD 2025 ForecastEthereum is repeating the same price action it did in 2021, but fast with 1 month. It will go to the middle between Fibonacci 1 and 1.618 (~$6000), correct to Fibonacci 1 (~$4900) in the end of January or beginning of February. After this, it will go to, approximatively, the middle between 1.618 and 2.618 Fibonacci, which is $10.000, a big psychological level. This will happen in April. After this it will correct to the 1.618 Fibonacci level during summer and go to the final cycle high in October at 2.618 Fibonacci level (~$11.000-$12.000). The only difference is the previous cycle high was 3.618 and now it is at 2.618. This is because of the law of diminishing returns.Longby lifestylemaniacsrt0
ETHUSD wait for pumpAs we can see weekly chart price now is near major resistance zones and soon we can expect breakout to the upside and heavy pump will lead and new ATH is also expected. DISCLAIMER: ((trade based on your own decision)) <<press like👍 if you enjoy💚 Longby MMBTtraderUpdated 2234
Ethereum (ETHUSD) : Time to Position for Profits!Ethereum (ETH/USD) is currently positioned for a bullish breakout, and I am excited to share my analysis with fellow traders. Bullish Sentiment and Technical Setup The current price action shows ETH testing the $4,000 resistance level, which, if broken, could trigger a wave of FOMO buying, propelling prices towards $4,500 and beyond. With the Relative Strength Index (RSI) reflecting strong buying momentum, now is an opportune time to consider long positions. I will be utilizing probabilities to strategically enter into long trades, focusing on support levels around $3,600 to $3,700 as potential entry points during any pullbacks. Several fundamental factors are contributing to this bullish outlook: Institutional Interest: Recent reports indicate that BlackRock has made a significant investment in Ethereum, purchasing over $230 million worth. This institutional backing is a strong signal of confidence in Ethereum’s future. Market Dynamics: The overall cryptocurrency market is experiencing renewed interest as Bitcoin has surpassed the psychological barrier of $100,000. Historically, Ethereum tends to follow Bitcoin's lead, and this correlation suggests that ETH could also see substantial upward movement. Technological Advancements: Ethereum's ongoing developments in DeFi and NFT sectors continue to attract users and investors alike. The upcoming upgrades and increased adoption are likely to bolster its price further. In summary, the combination of technical indicators pointing towards a bullish trend and supportive fundamentals creates a compelling case for trading ETH/USD long. As we navigate this exciting market landscape, I encourage fellow traders to stay vigilant and consider positioning themselves for potential gains in the coming weeks. P.S. If you have any questions about how I trade probabilities with the overall market direction, feel free to reach out. Let's capitalize on this momentum together! 2W: Hourly Timeframe Entry: Longby Jasminex1x29
ETHUSD Price Target + Viewer UpdateGreetings Everyone, Content Part 1 I have attached a price target based on analysis of ethereum/ usd. That is it! This comes to the end of the Ethereum price target post. Content PT 2 Viewer & SubscriberUpdate: I will try and role out a series of ideas over the next couple days that will be beneficial to know heading into the new year. To start off there are a few things I will like to address: A) I do not take all the trades of the Ideas I post. Either the trade does not trigger or due to portfolio allocation - I do not have the allocations to be adding to all the positions I see. However, I do believe there are tons of good potentials that can be found with some digging. As a result, I will find the best ideas based on my own research and post these ideas. If a stock is not moving “appropriately” I will quickly cut from my watchlist — I do not have any bias to any one ticker. Going forward, I will post in the title or body if I am getting involved or not. - Stocks that I am not involved with ie. not tracking not trading or not in my portfolio: SPCE, GOOG, CELH, XOM, TD, FXI, Mobile EYE, XRP. - Some stocks that I have had and or traded and or actively tracking: HIMS, ETH, MSTR, LINK, COIN, XAGUSD. B) Market Dynamics: The market is always changing. It will fluctuate between times of risk on and time off risk off. It is in your best interest to be able to identify these time periods. We are currently in a risk on environment spearheaded by Cryptocurrency and new emerging financial tech companies ie. Robinhood, Affirm, Coin, Block. This is not a recommendation for any of these companies. Assuming your portfolio has been stagnant during this very rampant market it’s time to “consider” NFA adding healthy cash flowing business from these hot sectors. C) Small part of my process often follow this Process. There are times when this process changes. Understanding Fundamentals -> Technicals -> New Products / Innovations or Leadership D) I will separately upload photos to Dropbox in order for you to get a better view of my chartsLongby coilemard3
ETHUSD-SELL strategy 2D chart GANN SQIt has been moving up sharply in line with BTC, which also starts looking very overbought again. Further, there is a greater potential to see lower, than higher based on RSI and other indicators. Strategy SELL @ $ 3,950-4,050 and take profit at $ 3,450.00.Shortby peterbokma3
ETH to 2300 within a week. Big correction coming for cryptoLeverage out of control this cycle. It's been to easy to get to $4000 so we need a complete market reset with a huge bounce from $2300. Just another day in the crazy crypto space. Shortby m5beemerUpdated 332
Ethereum Momentum- Very quick update. - Ethereum is nearing a critical breakout from this triangle. - Once it breaks, it could go parabolic, potentially soaring to $15,000 - Altcoins will follow. - brace yourself as time is ticking. Happy Tr4Ding !Longby thecryerUpdated 2226
ETHUSD - Moving Above 200MA As price moves above the 200MA on this daily timeframe it allows price to move up quickly. Comparing the last time this happened led to a 129% run, should expect a run similar or greater than that movement as it moves above the 200MA again. BullishLongby Bixley1111
POTENTIAL ETH SUPER MELT to 1200*I am in no way a financial advisor and you should always do your own due diligence before placing any trade. Do not trade what you are not comfortable with losing. No trade is guaranteed. The picture looks nice… play it smart go in small to begin with. Small things turn to bigger things with the help of forward progress and momentum. Don’t over risk your account. Start small. Right now is best position for a way down if it’s going to go that way. Shortby l2xinvestors994