$ETH Price Prediction 6/05/2024A big breakout at 3810 keeps us in contention for another push to 4k. Resistance holds just below 3900 critical and we should look to stay above 3810/ST EMAs. There's a good chance hitting 4k will provide enough momentum for a flip. www.tradingview.comby CheddarBizcuitz1
ETHEREUM - NEW BREAKOUT 🚀Hello Traders ! After a Huge Bullish Move, The ETH Broke a Strong Resistance Level (3729.16 - 3646.38). This Key Level Becomes a New Support Level ! So, I Predict a Bullish Move📈 --------------- TARGET: 4002.00🎯Longby Hsan_BenhmedUpdated 7726
Ethereum ready for next legAfter a large move up on ETF news ether has consolidated over the past couple of weeks. In my opinion that is nearing its end and is about to go higher. I think bitcoin will hold around here for some time and let ether take the wheel.Longby MonkeyPhone0
Ethereum bull flagLooking at the charts it is clear the Ethereum chart is forming a bull flag and the price point of the bull flag is around $4700. The daily SRSI is also over sold.by markadra0
ETHUSD Daily outlookETHUSD has consolidated between $3973 and $3700 despite BTC's bullish trend.It hit a high of $3840 yesterday and is currently trading around $3803. The Volatility Shares 2x Ether Strategy ETF (ETHU) will become the first leveraged ETH futures to be traded in CBOE from June 4th before launch of ETH ETF. The intraday bullishness is possible if it holds above $4000. On the higher side, the near-term resistance is $4000. Any significant jump above the target is $4500/$5000. Significant bullish continuation only above $4800. The immediate support is around $3700. Any breach below $3700 confirms bearish continuation. A dip to $3500/$3200/$2800 is possible. A violation below $2800 will drag the Ethereum to $2500/$2300/$2000. It is good to buy on dips around $3700 with SL around $3500 for TP of $4500.Longby Mr-Madridi113
ETH, watch out for this MANIPULATION!For the past 1 week, Ethereum has been in a big accumulation phase. I'm a buyer of ETH. I think we're currently in the AMD setup (Accumulation-Manipulation-Distribution). In my opinion, we're going to liquidate all the buyers below this range, go back to FIbonacci's 0.62 and pick up an Order Block at M30 before heading back up. I'd be delighted to hear your comments on ETH's current chart. Feel free to subscribe and boost this post if you enjoyed my analysis. Happy trading and a good week :)Longby InfiniteY1110
ETH Breakout LongLonged ETH. Was rushing for exam so I didn't manage to post it on time. Clear accumulation in range. Paper went great btw. Longby jvn2_Updated 335
Incredible cup n handle for ethereumFrom what i see, this gigantic cup n handle its about to explose with a minimum taget indicated with the report of the cup to the high of the handle. We are all waiting for the parrabolic moment of the bull run. Be safe, don't use money you don't own.Longby Jycocorien225
Eth 2025Just saying, this is where we are (June 2024) Not saying this is what will happen, just a possible scenario. Eth has reacted to the fib fan levels since it's low in Jan 2022. Eth/BTC chart looks to be heading to 0.04 before an explosive move up after tapping it's trend line set since Dec 2016. (BTC stronger than Eth, for now) BTC.D (dominance) should continue to rise but stay below 57.5% Not advice. by Ritchie_S1
eth to 6900 "giggity" if we break 4250,MAJOR cup n handleIf we break 4250 we form a major cup and handle. If we take the depth of the both and add it to the handle we have 65% chance of pumping to 6900/ 7k this pattern is only valid if we break 4250 with a confirmation and turn it into support. The ETH ETF may be approved this week and it would start blast off to 7k. this is compounded with congress doing a 180 and taking on the SEC The SEC’s decision on VanEck’s spot Ether ETF is due by May 23. This is compounded with a big short squeeze. Eth has liquidated 110m in shorts in the past 24 hrs and 1billion in open interest has started on options. Can I get a hell yeah?Longby DeadCatBounceHouseUpdated 117
$ETH Price Prediction 6/04/2024A solid hold keeps us around 3810 to close out our first daily this week in the green. Closing today in the green could trigger a push to 4k and ultimately prevent major correction. A goal of 3900 is presumed with D1 marked by the vertical blue line. Ascending pattern support extends to mid-June (6/12) so look to keep above 3685 until then. www.tradingview.comby CheddarBizcuitz0
ETHUSDETH/USD Technical analysis potential long opportunity Next Target Looking for 5100$ as per trading plan. Wait and Watch Price and Buy on Demand zoneLongby AFFINITY_MARKETS1110
ETHEREUM Will Go UP! Buy! Hello,Traders! ETHEREUM is trading in an Uptrend and the coin is Consolidating above the Horizontal support of 3,700$ So I am bullish biased and I will be expecting a Further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals224
ETH: Bearish – BAT Detected + ROC DivergenceETH: Bearish – BAT Detected + ROC Divergence The Wolf of Zurich detected a bearish “BAT” on Ethereum We could therefore go up to around 3 270 3560 Then go back down to point C around the polarity zone of 1800-2035 The 50 and 200 exponential moving averages are still potential targets In addition you will notice a divergence in the ROC between the price which is rising and the ROC which is flat The ROC (Rate of change) gives you the speed of the asset's momentum. Stay safeLongby Le-Loup-de-ZurichUpdated 1110
EThusd Ethereum has successfully broken the daily flag pattern, now it's showing another sign of continuation pattern. I'm longing it, my Sl below the pattern while my To at its high.Longby Mr_IGEE1
ETHUSD Weekly "Candy Cane" SetupLess than 2% stop loss allows for a 50x long trade idea with 10:1 risk/reward. Longby FomoFutures114
May.28-Jun.3(ETH)Weekly market recapThe volatility brought about by the approval of the ETH ETF gradually narrows. U.S. employment data, CPI for May and FOMC will be released in the next two weeks. This will affect market expectations for monetary policy. Starting from April's data, both employment and CPI began to cool down. Although the Federal Reserve said that an interest rate cut is far away, but we all know that it is approaching. The United States has entered the election cycle, perhaps this is also the main reason for the approval of the ETH ETF. More and more candidates showing themselves to be crypto-friendly and looking to gain support from Cryptoer. Similarly, we believe that the Federal Reserve also needs to submit a satisfactory answer to the public to ensure the vote rate of the Democratic Party during its term. Therefore, we believe that interest rate cuts will still wait until Q3~Q4, but the market will be more aggressive in pricing interest rate cuts. In the past 7 days, ETH volatility has decreased and remained fluctuating at high levels. ETH/BTC has not returned to the level where the BTC ETF passed, which shows that ETH is still slightly undervalued in terms of the benefits brought by the ETF. Both bulls and bears are cautious, with trading volume declining after returning to highs. Judging from the WTA indicator, the blue column representing the whale has disappeared. The ME indicator has restarted the bullish trend after the pump. To sum up, we believe that ETH will continue to remain volatile most of the time this week, and the rise is likely to be greater than the fall. We maintain my 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.by Sypool113
Could price bounce from here?Ethereum (ETH/USD) is falling towards the pivot and could potentially bounce to the 1st resistance. Pivot: 3,715.94 1st Support: ,518.21 1st Resistance: 3,969.63 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party. Longby ICmarkets117
ETHUSD SHORT - RISK ENTRY - END OF ETHEREUM STRENGTH FOR NOW?Hi again people. I am projecting the crypto to be weak this week, especially Ethereum. The whole pump from ETF expecetations from 3200 to 3900 should be corrected relatively quickly, we had similar situation with BTC & ETF. With slightly more Short positions on CME for both BTC and ETH, I am expecting an Ethereum panic this week. The entry now, and especially my SL is risky one - who knows if the market doesn't decide to take buy side liquidity first, but to be honest I smell weakness and I decided to give it a try. SL for me now: 3863. Safe SL: 4200. Target: 3200. Good luck and play safe! Shortby AdiVVUpdated 115
ETH Support 3700 Appears To Be HoldingETH ETFs will give Ethereum and therefore altcoins a nice bump/pump and I believe that, as long as ETH can hold this current support level at around 3700, then Ethereum and altcoins have found their local low. In other words, altcoin season is close. Supporting this theory is this inverse H&S pattern which I spotted well before the right shoulder had even formed. We can now see that this pattern appears to actually be playing out and Ethereum should remain strong for the remainder of 2024, though the possibility of breaking support at 3700 and dropping to 3500 still remains relatively strong as well before further upside. Adjust all stops and plan accordingly.Longby stewdamus114
Brief ETH Analysis | Bearish Trend? Key S & R Levels 1D TFThe 1D TF chart for Ethereum shows a consolidation period following a significant uptrend. Key events include the publication of the U.S. Consumer Price Index (CPI) on May 12 and circulating news about the upcoming approval of the Ethereum spot ETF, which caused heightened market activity. On May 20, Ethereum's price surged by 21% in a single day, a significant movement compared to the typical 9 - 11% increases. This sharp rise was driven by speculative news and positive sentiment surrounding the potential ETF approval and favorable CPI data. After this spike, the price entered a range, characterized by increased trading volumes but low volatility candles, indicating market indecision. Recently, an "Inside Bar" pattern has formed: the middle candlestick is a small bearish candle enclosed within the previous large bullish candle, with a potential bullish candle forming today. This pattern highlights market indecision and suggests a potential breakout in either direction. Currently, Ethereum is testing a critical resistance level around $4K. A breakout above this level, accompanied by increased volume, could signal further upward movement. Conversely, failure to break this level might lead to a pullback towards the support zones. The current chart analysis shows that ETH is approaching a significant resistance level around $4K, marked by a descending trend line. This resistance has been tested several times, underscoring its importance. The volume profile indicates consolidation between key support and resistance levels: ◼️ Resistance Levels: Around $3.9K and $4.1K. ◼️ Local Support Levels: Around $3.7K and $3.5K. ◼️ Bullish Scenario: A breakout above $3.9K, accompanied by increasing trading volumes, could signal the continuation of the bullish trend towards the next resistance level around $4.1K. ◼️ Bearish Scenario: If the price fails to break through the resistance and falls below the $3.5K support level, it could indicate a potential bearish reversal or an extended consolidation phase. Monitoring trading volumes and price movements around these key levels will be critical in predicting the next significant move. Disclaimer: Content for seasoned traders only. Not financial advice. You bear sole responsibility for trading outcomes. ➖ DYOR 🧠 💡by TeddyVizion1
ETH is runnig catch it up i think if we break the red line we could eject from here and that two level of fibbonacciiii is my target Dyor by Berleo0
ETHUSD-SELL strategy Daily chartEtherium is to high for my liking. It has recovered from the lows, and moved sharply higher driven by wales, and rather sharks :) anyway, joking aside. we have recovered based on GANN principles and I feel we will see re-test $ 3,050 area near term. the stochastic is negative and we are well protected above $ 4,000.00 Strategy SELL @ 3,8900-3,875 and place SL above $ 4,025 and take profit @ $ 3,075 for now. Shortby peterbokma552