Will $2,200 be a fair price for $ETH ?Will $2,200 be a fair price for CRYPTOCAP:ETH ?❓❓❓❓ Ethereum is now struggling with $2,400 zone. If this zone fails with unfavourable crypto fundamentals? we may see CRYPTOCAP:ETH drop to $2.2k As I will always say, risk management is king. Shortby ForexClinik2
Ethereum: Speculation, Open Mind ($1,600 Or $1,000?)While Ethereum is the second biggest Cryptocurrency, it is still an altcoin. Anything can happen within this market. We already know of the bullish potential and capacity for this and other projects to grow. We know these are great companies and the future of money, finance, but, we are witnessing a correction now and therefore we have to consider the bearish side. How far down can it go? Once the correction is over we go back to the bullish potential and how high can it go. Ethereum underperformed the market recently. This can be due to the fact that it has been growing since June 2022, while others hit bottom in mid to late 2023. The weekly MACD shows a strong, more than three years old bearish divergence. It shows the worst conditions and reading since January 2022, when the last bear-market started to gain full force: The first baseline level has been compromised. Looking at the weekly timeframe, it is easy to see how much more room there is available for prices to move lower. The "new baseline," the price at which Ethereum traded around October 2023, the level preceding the last bullish impulse, is the next target. This range goes between $1,750 and $1,550. The weekly RSI is already bearish, showing an almost 4 years long bearish divergence, and already lost its last support before a full-breakdown. Right now the most worrying fact are the Ethereum Spot ETFs; the want in, they went big and they want to buy between $1,000 and $1,200. This would be the level at which ETHUSDT traded around November 2022. I know this sounds really low but some altcoins are already there and right now Ethereum is just an altcoin and it underperformed the market recently (a sign of weakness). I think the next target is the "new baseline," but I am prepared for all scenarios just in case. It is amazing how fast everything can really change. One day we are relaxed looking at our computers and having fun in every way, the next day we have a crash and prices go much lower than any thought possible the previous day. This is how the markets work, they tend to produce sudden events that we never thought possible. The chart shows the tendency and the market follows with events that confirm and justify what the chart shows. After the correction is over, we will have a new growth phase and Ethereum can easy go above $10,000, but first we have to see how far down it can go. We only have a few months left for the entire correction and bottom to settle. After this, we are back on the positive and we think solely about LONG, up and green. Namaste.Shortby AlanSantana1116
ETH Weakens Below 2460ETH Weakens Below 2460 After an impulsive bearish wave that began on August 24 near 2818, the price has been forming a bearish “Contracting Triangle Pattern.” Today, the price broke out from this bearish pattern and is expected to continue moving downward. The 2460 price zone, which was crucial for the bulls, has now turned into resistance. It appears that bearish sentiment is growing. The first support level is near 2390, which also serves as a short-term target. Additional targets where the price may pause are found near 2332 and 2207. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️Shortby KlejdiCuniUpdated 7718
ETH/USDT 1DAY CHART ANALIYSIS !!Here is the daily chart of Ethereum (ETH) against Tether (USDT), with a focus on a potential short scenario. The analysis based on the chart is as follows: The chart shows a clear descending trend with lower highs and lower lows, indicating bearish momentum in the market. The price is currently near a key support area of around $2,360, highlighted by the brown horizontal area. This support area has been tested multiple times and is crucial for the next price action. there is a resistance area near $2,800, which has previously acted as a supply area, which could potentially limit any immediate bullish rally. A breakdown from a small ascending wedge or consolidation pattern appears, indicating further bearish pressure. The chart shows a possible rebound from the current support zone, but with overall bearish pressure, the broader movement may remain downward until the price breaks above the resistance. Below is a long-term ascending trendline, which could act as a key support level if the current support fails. the short-term scenario remains bearish, with a short-term bounce likely from current levels. However, the general bias suggests caution, as the breakdown from the recent consolidation points to a risk of continued declines unless key resistance levels are broken. Note: This is not financial advice. Stay tuned for further updates and analysis. Thank you.Longby CryptoSanders95636
ETH / 4h / 03.09.24Seller pressure. Idea to go short. Reasons for entry: 1. Breakdown of structure to go short (bos 1h). 2. Formation of price imbalance (fvg 4h). 3. Liquidity capture (4h) Expected seller's move to ob zone 4h.Shortby focusprofit2
Ethereum Consolidating on D1If the Price of ETH Behave like shown in chart then Go for Buy. Hold tight and Don't Rush The Process. Note: Do your Own Research and Trade Wisely Never Ever Rely on my Opinions.Longby FalakSHAH3
Long ETH- GP - bullish div on lower time frame - RSI over sold - SMALL swing point (higher risk) - Open interest going up when price is going down support at 2400, good SL underneathLongby Csr_1138111
Weekly outlook Sep 2-6 $ETHCRYPTOCAP:ETH still lagging behind. Alts in general will enjoy a beating as BTC chops/declines. $2k retest is on the horizon. Shortby SolenyaResearch0
ETH USDTETH USDT SPOT GREEN LINE Buy Long term TP 1 : 5.000 TP 2 : 7.900 TP 3 : 9.800 In this signal, you have to be patient until the purchase points are activated, it is for investment purposes I didn't use a lot of lines, it's very brief so that you can understand the buying and selling points more easily. by Soheilnaderi_crypto1
Ethereum (ETH): Resistance Holding Strong!For the last week, the price of Ethereum has held nicely the broken zone, which has now turned into a resistance zone. We have seen multiple rejections so far and sellers are not giving back that zone to buyers, which gives a possibility of further movement to lower zones here. Swallow Team Shortby SwallowPremium8
Ethereum (ETH): Bulls Are Getting Exhausted!Ethereum buyers have been suppressed by sellers, where we see that yesterday's green candle has seen a rejection and now is back in the hands of sellers. We are looking here more at Bollinger Bands, where the gap has been normalised after it was exploded wide open (thanks to the dump). If we manage to close current daily in red with big body, we should see that touch to support zone happen this week! Swallow Team Shortby SwallowPremium2
ETHUSDT SHORTETHUSDT SHORT PLEASE DON’T BE GREEDY ENTRY POINT : yellow point TP : blue lines SL : below red line for LONG POSITION above red Line for SHORT POSITION INSTRUCTIONS: FOR risk and money management: 5% of your wallet for LEV X ≤20 And 3% of your wallet for LEV X ≥ 20 like, boost, be followers and above all, comment on the assets on which you would like to have ideas PLEASE DON’T BE GREEDYShortby RODDYTRADING0
ETH LAST UPDATE CAN BACK T 2700HELLO GG HOW ARE U ! ETH LAST UPDATE CAN BACK T 2700$ because ORDER BLOCK IN 2500$ let hum go Longby loucifmustapha0
2024-09-03 ETHUSDTFollow this week and take long opportunities; There is a stop signal in the range of 2475-2386, so you can go long. If we directly break through the current resistance and wait for high altitudeLongby adolphs2
ETHUSDT SHORT IDEAhi everyone eth seems very very weak to be honest. thats why i do not believe that it will go in channel and hit the top of channel. instead of, it probably rejects from the bottom of the channel. thats why i set up short position. entry : 2527 stop : 2600 target : 2100-2200Shortby cevikdogukanUpdated 338
ETHUSDT1. ETH is showing strength here and broke downward resistance with held support. 2. I remain bearish overall in the market however the bear bull battle is not done. 3. Short Liquidations outnumber longs 3:1 on ETH. Bears over did it on ETH 4. Bullish divergence on the RSI is another confirmation.Longby PistolPeteno1227
$2,500 Zone has supported $ETH many times.$2,500 Zone has supported CRYPTOCAP:ETH many times. This $2.5K zone is a saviour from Ethereum's fall. If this zone breaks, this baby may rally further south. For now, we are likely to see positive move before breaking the current support zone. Can the bull even ride it to $2400?Shortby ForexClinikUpdated 222
Ethereum shortEthereum bounced off the upper boundary of descending channel. Asset bounced off the resistance level. Bearish movement to support level 2405 is expected to happen.Shortby Cryptobees_buzz4
ETH - Make Or Break!The two roads diverged in a yellow wood :) Critical area for ETH at the moment around the $2,500 round number. Break above $2,600 for a bullish reversal towards $2,900. Break below $2,400 for a bearish continuation towards the $2,000. Which scenario do you think is more likely to happen first and why? All Strategies Are Good; If Managed Properly! ~Richard Nasrby TheSignalyst119
Ethereum (ETH): Next Major Movement Will Happen Soon!On a daily timeframe, we are looking for that support zone where we had our last liquidity grab. This zone will decide the next major zone where breaking it would mean a nice Dowwnard movement breaking all lows here but seeing the price securing this zone we will see a bounce towards the 200EMA zone! Swallow Team Shortby SwallowPremium3
Ethereum Analysis by the Mallicast TeamThe Mallicast team has conducted a recent analysis of Ethereum and concluded that, on short-term timeframes, an upward trend is expected for this cryptocurrency. Based on the analysis, Ethereum is projected to move towards a price of $2806.40, indicating a potential for significant price increase in this period. This bullish trend suggests strong demand and possibly continued growth in the price within this timeframe. Investors and traders should closely monitor the market trends and make decisions accordingly. Additionally, it is advisable to employ appropriate risk management strategies to effectively capitalize on market fluctuationsLongby mallicast2
EthereumHi guys We are at the bottom of the upward channel. On the other hand, the amount of Ethereum in the centralized exchange has reached the lowest historical level. It seems that investors are not sellers at these rates. In the four-hour time frame, it seems that with the consumption of the $2408.3 support area, we can expect a downward trend similar to the scenario from the specified resistance range. On the daily time frame, according to maintaining the support area and ascending channel, provided that the ascending trend line is maintained, the price area of $2250 can be attractive for buying. what do you think?Shortby BiTBingoUpdated 2
ETH EXPERIMENTAL LONGJust for fun going long her with leverage. :) gotta feeling this week will be bullish for alts. #yolotrade BINANCE:BTCUSDT BLACKBULL:US30 Longby CringeCrypto2