ETHUSD Move uptrendETHUSD made clear bullish divergence
ETHUSD made double bottom pattern
ETHUSD break rectangular pattern
ETHUSD break strong resistance
All these indicator show clear uptrend move
ETHUSD trade ideas
Ethereum very strong lately for Crypto trading.
A guy asked me via a tv message what I thought the price would be short term.
After viewing the charts I said it will move up another 1000 to 4000 very quickly.
This setup is off the 1m and 1week charts.
ETH updateETH:
That Target been Reached!
The New ones are marked by arrows. But - Step-by-Step!
Good Luck!
ETH Bearish divergenceEthereum is currently displaying signs of a bearish divergence on lower timeframes, a signal that often indicates a potential slowdown in upward momentum and the likelihood of a correction. Despite the bearish signal, the ongoing correction appears to be relatively shallow, suggesting that the underlying bullish structure remains intact.
A retracement to the 0.382 Fibonacci level could present an attractive buying opportunity for traders looking to enter at a lower risk point. This level is often viewed as a key zone for price reactions during corrections, providing a favorable balance between value and momentum for long-term positions.
ETH - Renewed strengthI've been neutral to bearish on COINBASE:ETHUSD ever since price broken down from the descending triangle and lost the key $2,800 support level. My line in the sand for getting bullish again has been the reclaiming of that level. Price continued to consolidate underneath $2,800 with that level acting as resistance. Then came the presidential election where we saw price strongly rebound back above $2,800 where it's now managed to hold for the last few days. If the weekly candle manages to hold above this level, that would give us a very solid weekly bullish engulfing candlestick setup. The invalidation level would be $2,350, but we'd really not want to see price spend much time below $2,800 for a strong bullish signal. The next overhead resistance sits at around $3,500. Beyond that and we're look at all time highs.
Is Ethereum Poised to Reach $3,200? Analyzing the Bullish Moment
Ethereum, the second-largest cryptocurrency by market capitalization, is showing strong signs of bullish momentum, with analysts predicting a potential breakout to $3,200. This optimistic outlook is fueled by a combination of factors, including positive inflows into Ethereum ETFs and a broader bullish sentiment in the cryptocurrency market.
The Impact of ETH ETF Inflows
The recent influx of capital into Ethereum ETFs has significantly boosted the cryptocurrency's price. As institutional investors gain easier access to Ethereum through ETFs, demand for the underlying asset is likely to increase. This increased demand can drive the price of Ethereum higher, potentially pushing it towards the $3,200 level.
Bitcoin's Influence on Ethereum
Bitcoin's price performance often has a significant impact on the broader cryptocurrency market, including Ethereum. As Bitcoin continues to rally and approaches the $100,000 mark, it could create a positive sentiment that spills over to other cryptocurrencies, including Ethereum.
Technical Analysis: A Bullish Outlook
Technical analysis suggests that Ethereum is currently in a strong uptrend. Key technical indicators, such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), are signaling bullish momentum. Additionally, the formation of bullish chart patterns, such as a rising wedge or a bullish flag, further supports the potential for a significant price increase.
Challenges and Risks
While the outlook for Ethereum appears bullish, it is essential to acknowledge the potential challenges and risks:
• Market Volatility: The cryptocurrency market is inherently volatile, and sudden price swings can occur without warning.
• Regulatory Uncertainty: The regulatory landscape for cryptocurrencies remains uncertain, and any unfavorable regulatory developments could negatively impact the price of Ethereum.
• Network Congestion: As the number of users and transactions on the Ethereum network increases, network congestion and high transaction fees could become a concern.
Conclusion
Ethereum's strong fundamentals, coupled with positive market sentiment and technical indicators, point to a potential breakout towards the $3,200 level. However, investors should approach the cryptocurrency market with caution and be prepared for potential volatility. By staying informed and conducting thorough research, investors can make informed decisions and maximize their potential returns.
ETH Huge Potential Gains Ahead Etheruem has been lagging very hard against Bitcoin for the last year, and it may be time to finally see a big move in ETH.
After holding above the support zone and starting to try and break out of the previous high, I would like to see a pullback into the CC zone for a bounce to break back upwards.
We don't quite have much resistance ahead above 2800, and I would love to see a swift move back up, the same way we had seen a fast move down a few months ago.
Only time will tell..
ETHUSDETHUSD ( Ethereum / U.S Dollar )
Falling Wedge as an Corrective Pattern in Short Time Frame with the breakout of Upper Trend Line. Completed " 12345 " Impulsive Waves. Break of Structure and RSI Divergence
ETHUSD price action poking above descending channelFirst breach of the top trendline of the descending channel here by the price action. We all know that price will often times dip back into a chart pattern after the ntial break above it so as of now we can’t yet say this validates the breakout of this pattern. Even though it’s more common patterns dont official validate their breakouts until the 2nd 3rd or 4th breach of a toot rendline, there are plenty of examples of patterns that have confirmed their breakout on the 1st breach of the top trendline as well so it’s wise to be prepared for either possbliity. Think a good indicator of it confirming the breakout will be once the 200ma gets flipped to sold support. The 200ma is current wick resistance. *not financial advice*
ETH BEAR FLAGTrump pump trap underway.
Pretty obvious bear flag especially when daily RSI did not support the aggressive move upwards (news driven).
No pullbacks on recent move up suggest it will retrace the entire Trump pump and then break down the bear flag.
Bulltards will be in full disbelief.
Adjusting my last chart it would be cool if this happened. I'm trying to outline a macro idea so I can trade the smaller timescale swings.
$ETH - Approaching the re-take zone! CRYPTOCAP:ETH - Approaching the re-take zone!
$3000 into support, and $4800 is next!
Slow and steady for Ethereum Alright yall listen carefully; everyone should be in profit or just took the profit and got in; we are in the Kill switch situation here.
The resistance of 2920 area is strong but challenging; and i just made 300$ profit; withdrawal and then just got in just a min ago.
Be sure have enough margin so you wont get spiked out.
So ethereum passed the recent resistance level but now we need to get to 3,000 that is all and then Ethereum will be fine bullish. If you just bought the dip then you should be good if just bought it and waiting just hold and be patient.
So 2920 is challenging resistance and goal is to break it and get to 3000. I place $100 margin/114% of my trading; so first break the resistance, 3000 and then onto 4000. We are going slow but be sure to use proper risk management of your bankroll cuz we are going to make bank.
I will have other most recent post overall. Its still bullish so dont worry ; ride with me and the bands are still riding upwards
ETH through prism of Fib and Elliot wave theoryHello everyone.
Today I will talk about ETH, the one ALT to rule them all.
It is best if we look at the big picture and forget about day-to-day movements, news and all the other noise. Let us just look at the chart through basic Fibonacci levels paired with Elliot Wave Theory.
First lets go through Elliot waves.
Wave 1 started in 2017, first bull run.
Wave 2 was in 2018, bear market.
Wave 3 2019-2022, bull run.
Wave 4 was short bear market in first half of 2022.
We are currently in Wave 5.
I have added to this chart Trend-based Fib extensions to help predict the possible top.
Wave 3 ended just below 3.618 Fib extension. I like to be more on the conservative side so I will be looking for this run to end at max 2.618 Fib extension, which currently projects a price of 13k USD per ETH, making it a potential 4x profit.
Remember, this is not a financial advice. This is just my thinking, shared with you.
If you like my work, give it a boost and check my other ideas. If you find value in them, subscribe.
Good luck!
Ethereum - Room Higher? Post Election/Risk On Sentiment AnalysisTraders flooded into crypto assets after the risk on environment given by the Trump administration taking office. This is also coupled with last nights FED meeting where some confidence was show around the state of the US Economy.
May see Traders start to take some profits, especially if we rise to the next key resistance (labelled).
Any falls will provide dips back to key support and Re-entry becomes negotiable.
Any further risk on attitude from the Market on this fall would set the course for returns higher to previous highs.
Ethereum, unlike BTC has been subdued for a while, now it looks like the tables have swapped at least temporarily and traders are willing to take on more risk (Eth being less stable/invested in than BTC).
If you had it long, I'd kill it for gains. If you want to buy, I'd let it fall. Would avoid shorts higher in any large proportion due to inherent risk on both the asset and the Market overall.
BTCÐ 8 Nov Options Data49,000 BTC options expired with a Put Call Ratio of 0.72, a Maxpain point of $69,000 and a notional value of $3.7 billion.
295,000 ETH options expired with a Put Call Ratio of 0.65, a Maxpain point of $2,500 and a notional value of $860 million.
With Trump's victory, Bitcoin has risen sharply this week, breaking through $75,000 to hit a new all-time high, followed by Ether, which also picked up a big jump to get back to $2,900, the Maxpain point this week because too many positions accumulated in the early stages did not change, and options expiring today accounted for 15 per cent of the total position.
The end of the U.S. election led to a sharp decline in short-term options IV, and mainstream term options parity IV also declined to varying degrees, and now the market atmosphere is optimistic, and the trend in the fourth quarter is likely to continue to be strong.
ETHUSD 1W PO3 LongOn the weekly ETHUSDT chart 📈, we observe a PO3 formation 🔄, indicating that we are in the final phase of distribution 🛑. This period may bring significant fluctuations, so it is essential to monitor market trends closely. By keeping an eye on support and resistance levels, we can uncover interesting opportunities. Stay alert to market movements! 💰🚀✨
One of three destinies for ETHUsing bar patterns of past ETH bull runs juxtaposed with the current moment. On chart display is the Ichimoku cloud modified for crypto settings and a wave of exponential moving averages.
With resistances at 2924 - 2956 one could have one of three possible destinies labeled A,B and C.
Situation A is the beautiful bull run heaven every ETH fan boy dreams of. With the current election of a pro-crypto candidate for the presidency this scenario could manifest due to the push in excitement.
Situation B is a break of the resistances upwards to later trade flatly but ultimately come down below resistance again.
Situation C is a rejection off the support with a bounce of the nimble clouds.
ETHEREUM - Buy Idea (Long-term)The massive support key-level of $2513 was able to finally turn price around. A bull cycle is likely to build up in next few weeks. Price action had the potential to double up in value. Our official target is $3790
HolderStat | BTC-ETFs felt the inflows of money againCrypto’s Institutional Era Has Begun 💼
Did you know the US might consider buying up to 5% of Bitcoin’s total supply for a national reserve? Meanwhile, pension funds like the one in the UK are already stepping in, allocating 3% of their assets to BTC. This could reshape the entire market landscape.
For the first time, we’re in a bull cycle where institutional giants are not just observing but actively participating. From ETFs to direct investments, their influence is undeniable. This influx of capital might bring unprecedented growth—but also new challenges for retail traders.
Want to stay ahead and learn how to leverage this? Follow us for exclusive insights! 🚀
Ethereum reedy to touch 3800I am just loving this crypto move .... Picking the bottom !!!...
I am expecting bull run in Ethereum ... buy in Dip
CRYPTO BOOM DOGE, SUI, ETH, SOL, XRPHere are all of my current positions I am holding; I think there is still a long way up, but we'll see we don't want to be too greedy especially since a lot of us are still learning. I don't think this is something that needs to be over complicated. But I really do hope I am helping as many of you as possible.
Is Trump’s Presidency a Bigger Win for DeFi than Bitcoin? Were decentralized finance (DeFi) assets like Ethereum underestimated leading up to the election?
Ethereum is now outpacing Bitcoin following Donald Trump’s 2024 U.S. presidential win, with Ether (ETH) gaining 4% in the past 24 hours (and 14.1% in the past 5 days). Bitcoin on the other hand is down 0.4% in the past 24 hours)
Analysts suggest that the Republican administration’s expected support for DeFi will play a pivotal role in Ethereum’s growth.
Trump has signaled interest in policies that could nurture blockchain technology, encouraging legislative reform to promote DeFi innovation in the U.S.
Bitcoin may hold its status as a store of wealth (and even a potential alternative reserve for the US treasury), but Ethereum’s recent performance suggests it’s increasingly well-positioned to benefit from the changing policy environment.
