Ethereum - Looking To Buy Pullbacks In The Short TermH4 - Strong bullish momentum Higher highs No opposite signs Until the strong support zone holds I expect the price to move higher further after pullbacksLongby VladimirRibakov3
ETH ethereumThe pattern of trails always comes into the current of prices. The price riding high above the current is going to lower in price eventually not necessarily tomorrow, immediately. by CryptocurrencyBlot0
EThusdEthereum has been on a short term down trend, but it has changed its trend to an uptrend with a bullish flag on the daily timeframe, here on 4hr timeframe I'm waiting for a pull back to my Zone.Longby Mr_IGEE0
$ETH Price Prediction 5/21/2024Price breaks ascending pattern and now holds between 3810 and pattern resistance. Weekly close is now expected at pattern resistance (3685) to maintain bullish momentum. Closing around 3671 could trigger correction for next week with 3371 marking bearish piercing. www.tradingview.comby CheddarBizcuitz1
EthereumWith regard to Bitcoin halving and the possibility of digital currency prices increasing with this event, and with regard to investors' purchases in the market and taking into account the trend of Ethereum transactions and the analysis of digital currencies that have a positive correlation with Ethereum, it can be concluded that the specified area In the price resistance analysis, it is for ethereum and with temporary price reductions, the price will eventually increase and will reach the price of $4000 in the 40-day time frame.Longby sashacharkhchianUpdated 229
Ethereum - 20% Rally within a day!Hello Traders and Investors, today I will take a look at Ethereum . -------- Explanation of my video analysis: 6 years ago, Ethereum started creating a simple rising channel formation, similar to the one which we are seeing on Bitcoin. Furthermore Ethereum retested the previous all time high back in 2022, created bullish confirmation and a rally of + 250%. Considering that Ethereum is once again approaching the upper resistance level, I do eventually expect a bullish breakout followed by an even crazier rally. -------- Keep your long term vision, Philip (BasicTrading)Long02:50by basictradingtv5522
ETHUSD Elliott wave countThe equality between waves 1 and 3 (blue count) in conjunction with the ETF approval for Ethereum, we can expect an extended wave 5 with a target equal to waves 1+3, the yellow Fibonacci projection, respectively the 7560 area. The price breaks 3726.79 level and the near term resistance levels will be 4091.67 and the TOP 4867.81by Cross10XSignals2
eth/usdtEth is consolidating in a nice triangle pattern , opening for a sharp move higher very soon !!!!Longby CRYPTODUDE17Updated 2
Ether Eyes $10,000: Could ETFs Be the Key, But Will We Have to WEther (ETH), the world's second-largest cryptocurrency, has been on a rollercoaster ride in recent years. After reaching all-time highs exceeding $4,000 in 2021, it has experienced significant volatility alongside Bitcoin. However, a new factor could propel ETH to new heights: the potential approval of Ether-based exchange-traded funds (ETFs) in the United States. Why ETFs Matter for Ether ETFs are investment vehicles that track the underlying value of an asset, like a basket of stocks or commodities. A successful Ether ETF would allow investors to gain exposure to ETH's price movements without directly buying and holding the cryptocurrency itself. This could be a game-changer for several reasons: • Increased Accessibility: ETFs offer a familiar and regulated investment avenue for traditional investors who might be hesitant to enter the complex world of cryptocurrency exchanges. This broader investor base could significantly increase demand for ETH. • Institutional Investment: The approval of ETFs would likely pave the way for institutional investors, such as pension funds and hedge funds, to allocate a portion of their portfolios to ETH. This influx of institutional capital could dramatically boost ETH's price. • Enhanced Credibility: A green light from the U.S. Securities and Exchange Commission (SEC) for Ether ETFs would signify a level of regulatory acceptance for the cryptocurrency. This could bolster investor confidence and fuel a broader market rally. The $10,000 Dream: A Catalyst for Ether Analysts believe a well-structured Ether ETF could be the catalyst that pushes ETH towards the coveted $10,000 mark. Here's why: • Demand Surge: As mentioned earlier, increased accessibility and institutional investment through ETFs could create a significant surge in demand for ETH, driving the price upwards. • Supply Squeeze: Unlike Bitcoin, with a capped supply of 21 million coins, Ether has an issuance mechanism that creates new coins regularly. However, the recent Ethereum upgrade to Ethereum 2.0 is expected to significantly reduce the rate of new ETH issuance. This potential supply squeeze, coupled with rising demand, could propel the price. • Market Sentiment: A successful Ether ETF launch could trigger a positive feedback loop in the cryptocurrency market. Increased media attention and investor interest could further amplify the price rise. The Roadblock: Navigating the SEC Maze While the potential benefits of Ether ETFs are undeniable, the road to approval is likely to be long and winding. The SEC has historically been cautious about cryptocurrency ETFs, citing concerns around market manipulation and underlying asset custody. Several Bitcoin ETF applications have been rejected in the past, and the process for Ether ETFs is expected to be similarly rigorous. 2025 on the Horizon: A Waiting Game for Investors Experts predict that the SEC's approval process for Ether ETFs could drag on until 2025. This delay could dampen investor enthusiasm in the short term. However, it also presents an opportunity for the cryptocurrency industry to address the SEC's concerns and build a stronger case for regulation-compliant Ether ETFs. The Takeaway: A Long-Term Play with High Stakes The potential arrival of Ether ETFs in the U.S. is a significant development for the cryptocurrency market. While the wait might be long, the potential rewards for ETH's price could be substantial. Investors interested in this space should closely monitor regulatory developments and conduct thorough research before making any investment decisions. This article is for informational purposes only and should not be considered financial advice. Always consult with a qualified financial professional before making any investment decisions. Longby bryandowningqln442
Ethereum Breakout From Falling Wedge PatternHello Traders, today i will share my analysis of what is happening to Ethereum now. The current Ethereum (ETH) chart shows several significant developments: 1. **Breakout from Descending Wedge**: - The chart depicts a descending wedge pattern that Ethereum has been forming for several months. - Recently, ETH broke out of this descending wedge, which is generally considered a bullish signal. This breakout suggests a potential upward trend. 2. **Price Movement**: - Following the breakout, the price of ETH has surged, reaching $3814.6 at the latest data point shown. - The breakout has led to a sharp increase, moving ETH significantly above the upper trendline of the wedge. 3. **Volume Spike**: - There is a noticeable increase in trading volume during the breakout, indicating strong market participation and support for this upward movement. - High volume during a breakout often confirms the validity of the breakout and suggests sustained momentum. 4. **Commodity Channel Index (CCI)**: - The CCI value is at 357.69, which indicates an overbought condition. While this suggests strong buying momentum, it can also signal a potential for short-term pullbacks as traders might take profits. - Despite being in overbought territory, in the context of a breakout, it shows strong bullish momentum. 5. **Price Target**: - The chart indicates a price target of approximately $4038.1, calculated based on the height of the wedge added to the breakout point. - This target gives an indication of where the price could potentially reach if the bullish trend continues. 6. **Current Status and Potential Resistance**: - The current price at $3814.6 is approaching the indicated price target of $4038.1. - Traders should be aware of potential resistance levels around the previous highs near $4000, which might act as a consolidation or pullback area before continuing higher. In summary, Ethereum has experienced a strong bullish breakout from a descending wedge pattern, supported by high volume and significant upward momentum. The price target is set around $4038.1, but traders should monitor for any resistance or pullback near previous highs. Longby NAFX_Group6
a VERY high probability 30% Roi BUY LOW, sell high. I snagged many at $3,000 and I will hold them until $4,000. Which I'm very confident will happen by the end of the year. BUY OFF THE BLUE LINE. My favorite strategy!! Longby ReallifetradingUpdated 115
ETHEREUM TO $5000Bullish news testerday for CRYPTOCAP:ETH SEC ASKS EXCHANGES TO UPDATE 19B-4 FILINGS ON AN ACCELERATED BASIS FOR SPOT ETHER ETFS: COINDESK Pump till target area or a rejection of filing Longby SpecuVisionary3
Ethereum continuation short riseSignal was sent and delivered 1:3 RR 3% profit As said from my previous post, we waited for pull back for a continuation uptrend since price have been going up for a while, repetition is a friend of success that doesn't make it easier by MadsTheGoldminer0
ALTSEASON is just about to launch!!!According to the historical relationship between ETH & NVDA The caveat obviously this relationship was far stronger when ETH was validated using GPU's ... but we still have to take note of this relationship in my opinion! We know a vast majority of the altcoins are still in fact ERC20's ... including all the various L2's like Arbitrum, Base, Pulsechain and the other various EVM's A strong eth has a multiplier effect on those S coin prices. As we have already seen this cycle on Solana. The ETH etf is on the docket to be approved .. it is actually a political necessity now. like I've been saying we are due are GENERAL altcoin season any day now... not just new coins, or new narratives.. I think all boats will rise in this next ramp up. ? do we get a double bubble like in 2017? or a short 6 months -9 months and end the 4 year cycle early?by BallaJiUpdated 4418
ETH STEALS THE SHOWWhat a difference a day makes. I have been consistently bullish on ETH, believing it would eventually have an explosive move and steal the show. How about a 20% day? As you can see, ETH broke out of the massive bullish descending channel and huge volume. Trading Alpha once again gave the perfect signal, with the grey arrow, squeeze shading and break above the trackline. What a monster move from Ethereum. I think it is just getting startedLongby ScottMelker1
Eth looks like it will retrace some then go up!Judging by the indicators like MACD and RSI, and the general behavior of Eth, it seems like it'll retrace this move overnight, maybe a day or so, then go back up again! It's hit its 12-3 Fib (3 wave move) targets in the 1 hr time frame over the last 2 1/2 weeks setup. Eth put in an Inverse H&S in the last 5 weeks and satisfied the move, now it will most likely extend upwards Targeting $4900 (after a small-medium sized retracement) Eth Hit its high from 5 weeks ago. Good Luck! Also Remember Jesus! He gives you your very breath and sanity! =)Longby Pouncer6260
ETH AnalysisHello, Here's my plan for ETH in the next coming days. I think this will play out perfectly. Just broke down the mini downtrend and I expect to hit the resistance on the bigger downtrend. We will see if it gets rejected from there or tries a breakout. I'm entering a long trade for at least 3-4%Longby TheSuccessfulOneUpdated 2
Wolf Wave Target Achieved. Target 2 is Triangle Great! Wolf Wave Target Achieved. And the second Target Triangle Pattern.Longby SasikumarManiUpdated 2
Ethereum continuation riseAs seen, based on technical analysis price has been flying for awhile now, waited for pull back to get our FVG at HL level by MadsTheGoldminer2
Triangle Pattern Breakout & Wolf Wave TargetIn Ethereum Triangle Pattern formed & Breakout. To achieve the Wolf Wave Target (Target 1). I want to help people Make Profit all over the World throughout my entire life. Additionally, I am eager to Receive Money form Worldwide because of my Potential. Longby SasikumarManiUpdated 4415
ETH to remain in the range or?# High Time Frame (HTF) Analysis: Ethereum (ETH) is currently testing the resistance at the top of a triangle pattern on the high time frame chart. # Entry Strategies: ## Breakout Strategy (Long Entry): Consider entering a long position if ETH successfully breaks above the triangle pattern's resistance. This could indicate a potential bullish trend continuation. ## Retracement and Rebound Strategy: If ETH retraces from the resistance level, look for a bounce off the nearest demand zone. This could present a buying opportunity with a favorable risk-reward ratio. ## Retracement to Support Strategy (Short Entry): If ETH displays a reliable reversal signal at the resistance of the triangle, indicating a potential bearish reversal, consider entering a short position. This strategy aims to capitalize on a possible downtrend continuation, targeting the bottom of the triangle as the take profit level. by AtmaseerUpdated 0
Ethereum Defies Downtrend: Dramatic Reversal or False Breakout - On the daily Ethereum chart , a downtrend has been evident since March 13, 2024. - A downtrendline from $483.91 rejected the price at $3728.48 after a retracement from $3053.92. - The downtrend continued to $2807.28 before reversing and breaking the downtrendline to the upside on May 20, 2024. - The price closed at $3498.93 and is currently around $3680.55. - If the breakout above the downtrendline holds, further upside potential is likely. - If the breakout fails, a downside move is probable. Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350). by Stuart_Cowell0
$ETH Price Prediction 5/20/2024A massive push increases price by $600 and positions us back at prior ascending resistance. From a long-term perspective this is a strong indicator that next week will be bullish as well. However expect the likelihood of dropping to pattern support for a new W1 close goal (~3550). www.tradingview.comby CheddarBizcuitz1