Sunday Profit!Not the way I wanted it to go this morning but still managed to get a quick short position📉. Happy Sunday folks✌🏻.
ETHUSDT trade ideas
ETH have stairs.ETH have stairs, Its only first step and more two steps are there. Two depictions marked
Hopefully have a profitable Sunday.Hopefully price goes the way I want it to today and we have a profitable Sunday📈🏦.
Potential Drop Scenario with Key Zones As we can see on the chart, there is a likelihood of a drop from Zone 1. This indicates either a direct decline or a pullback to the zone before continuing to the same target. However, maintaining discipline by setting a stop loss at both zones is crucial.
ETHEREUMEthereum's price action today is showing a slight decrease, with its current price at $3,344.06, The cryptocurrency has been trading between $3,277.32 and $3,490 over the past days
Ethereum' is currently ranked #2 in the Layer 1 sector .
on this correction leg i want to buy the deeps
ETHEREUM WE want a return into demand floor of buy opportunity for Ethereum,the trade is not set properly.
wait for buy floor .
Inverse H&S - ETH ETH is very capable of playing out in this Inverse head and shoulders -
We need validation and is worth the screen front.
Eth UpdateEthereum Update
Last time we warned about the rebound during the decline and the return to rise from 2900 and the lack of stability below 3000, so we will return to rise and see more declines as a target of 3400, and indeed we saw the target
But let's not forget that we have targets that may reach 6000 and above
Now we have to monitor the target of 4750
And we will update the market with each step
ETH/USDTDaily demand is holding the price. A price rise above Monday's high would be a strong bullish signal.
ETHEREUM Long Trade SetupHello,
Price Action Analysis Interprets Market Movements Using Patterns And Trends On Price Charts.
👉👉👉Check Below Details For Live Market Views/Trades/Analysis/News Updates.
Key Levels to Watch: Pullback or Breakthrough?In analyzing the chart, we see a critical setup forming. If the price breaks below Support (2), there’s a strong probability that it may perform a pullback before continuing to drop, potentially retesting the area around Support (1).
This pullback behavior is often observed as the market seeks to confirm previous levels before resuming its move.
However, if the price fails to hold below Support (2), we could witness bullish momentum taking over, driving the price upward toward the supply zone above. This movement could signal a shift in sentiment as buyers step in to capitalize on the opportunity.
Keep a close eye on these levels and watch for confirmation before entering the trade. Always manage your risk and trade what you see, not what you feel! Let the market guide you. 🚀📈
Inverted H&SLarge weekly inverted H&S base coming to an end. ATHs incoming.
Inauguration is behind us and we now have a pro-crypto President, new SEC and crypto czar.
$ETH final target. Ethereum is not going anywhere until the price touches $2.8K. It's a simple W pattern, and I'm talking from experience. After $2800, $5000 can be reached, but what happens then is important. Ethereum will either break $5000, and we see new highs, or we wait for $1700 after that, which is what I expect. It will complete the bigger W pattern and the shoulder. Then Ethereum can finally have a long-term bullish cycle to prices like $10K? Who knows.
Ethereum about to start an uptrendIn daily chart, Ethereum is at the end of the last Elliott correction wave, the price has reached the 50% fibonacci level which is another sign that there will be a move to the upside,besides the chart pattern shows a Bullish falling village that is forming .
The red candle is telling us that a correction is taking place before going up again.
My analysis tells me that the price could get to the previous support level which is around $3901. I have set my stop loss at the previous low.
Let's see how it goes in the following days.
Remember patience is the key. No rush!!
Let me know if you agree with this analysis.
ETHUSD: Bullish Momentum with Inverse Head & Shoulders PatternDescription:
Ethereum (ETH) is currently exhibiting a strong bullish trend, supported by both technical and fundamental analysis. The price action is forming an Inverse Head & Shoulders pattern, a classic bullish reversal setup.
Key Levels to Watch:
Neckline: 4164.41.
A breakout above this level will confirm the bullish trend and signal a potential long entry.
Support Levels: 2884.49.
Trade Plan:
Entry: On a confirmed breakout above the neckline with volume.
Stop Loss: Below the right shoulder or neckline to minimize risk.
Target: Measure the height of the pattern and project it upward from the breakout point 4164.41.
Risk Management:
Always use proper position sizing and set your risk-to-reward ratio appropriately. No trade setup is guaranteed, so maintaining discipline is key.
Fundamental Backdrop:
Ethereum’s fundamentals remain strong, with growing adoption, network upgrades, and robust DeFi activity adding fuel to the bullish outlook.
Note: Wait for the breakout confirmation and avoid entering trades prematurely. Patience pays in trading!
ETH H4 Price Action: Consolidation or Breakout Brewing?Market Structure Overview
The ETH/USDT chart on the H4 timeframe indicates a market stuck in a trading range after a prior downtrend. Current price action shows indecision, with multiple tests of support and resistance zones.
Key Observations:
Higher Highs (HH): The last significant HH occurred near $3,450 on January 16th.
Higher Lows (HL): A recent HL formed around $3,200 on January 20th.
New Low (NL): $3,100 was the major NL on January 13th.
Price has been oscillating around the moving average, suggesting a balanced tug-of-war between bulls and bears.
Support and Resistance:
Support: Strong at $3,200, with buyers consistently defending this level.
Resistance: $3,400–$3,450 zone is acting as a ceiling, rejecting bullish attempts.
🐂 Bullish Scenario:
A clear HL at $3,200 suggests bulls are attempting to build a base for a reversal.
Price remains within striking distance of the resistance zone ($3,450), and a breakout could lead to a measured move toward $3,600.
Consolidation near the MA often precedes continuation in the direction of the larger trend.
Bullish Plan:
Entry: Buy above $3,400 after a breakout with strong volume.
Stop-Loss: Place below $3,200 (recent HL).
Profit Target: $3,600-$3,650 (measured move projection).
Probability: 55%, as the chart currently shows neutral consolidation but with a slight bullish bias.
🐻 Bearish Scenario:
The prior downtrend and the double top at $3,450 suggest sellers are still active.
A break below $3,200 would create a LL, potentially resuming the bearish trend.
Inside bars and small range candles indicate a lack of momentum, which could favor bears.
Bearish Plan:
Entry: Short below $3,200 after a confirmed breakout.
Stop-Loss: Place above $3,400 (recent resistance).
Profit Target: $3,100 and potentially $3,000 (psychological support).
Probability: 45%, given the current balance between buyers and sellers.
Educational Patterns for New Traders
Inside Bars:
Look for small candles within the range of a larger candle. They often indicate consolidation before a breakout.
Measured Moves:
Calculate the height of the trading range ($3,200–$3,450 = $250). A breakout could lead to a move of similar size.
Exhaustion Gaps:
Beware of sudden sharp moves toward $3,450; these might signal buyer exhaustion rather than strength.
Higher Highs and Lows:
Bulls need a new HH above $3,450 to confirm strength, while bears aim for a LL below $3,200.
Trader’s Equation Summary
Bullish Plan: Risk = $200 (from $3,400 to $3,200); Reward = $200-$250 ($3,600-$3,650). Reward-to-Risk = ~1:1.25.
Bearish Plan: Risk = $200 (from $3,200 to $3,400); Reward = $100-$200 ($3,100-$3,000). Reward-to-Risk = 1:1 to 1:2.
Final Thoughts:
ETH is coiling up for a significant move. While the trading range dominates, the breakout direction will dictate the next trend. Stay patient and wait for confirmation!
What’s your take on ETH’s next move? Do you see a breakout or a continuation of the range? Share your setups and let’s discuss the probabilities!
ETH: Breaking 3300 is Key for Upside MomentumKeywords: Ethereum (ETH), Cryptocurrency, Trading, Technical Analysis, Resistance, Support, Breakout, Price Action, Consolidation, Accumulation, Bullish, Bearish, Trend
ETH is currently consolidating in a tight range below the crucial 3300 resistance level. This level has been acting as a significant barrier to further upside momentum.
Price Action:
We're witnessing a classic battle between bulls and bears. Buyers are trying to push prices higher, while sellers are defending the 3300 level.
Volume has been relatively low during this consolidation phase, suggesting indecision and a potential accumulation phase.
A decisive break above 3300 would be a strong bullish signal, potentially igniting a fresh wave of buying pressure.
Technical Analysis:
The 3300 level has acted as strong resistance on multiple occasions.
A break above this level would invalidate the bearish bias and open the door for a potential move towards 3600.
Conversely, a failure to break 3300 and a subsequent drop below a key support level 3200 would increase the likelihood of further downside.
Trading Strategy:
Wait for a decisive break above 3300.
Consider entering long positions on a breakout confirmation with a stop-loss below the breakout level.
Monitor volume and price action closely for any signs of weakness.
Disclaimer: This is not financial advice. Do your own research and consult with a qualified financial advisor before making any investment decisions.
Remember:
Price action is dynamic.
Markets can be unpredictable.
Always practice proper risk management.
ETH/USDT 4H: Patience is Key as Market Finds Direction
ETH/USDT 4H Chart Analysis
Current Market Condition:
Bearish bias, trading at $3240 with declining momentum.
Smart Money Analysis:
Selling Pressure: Lower highs indicate institutional distribution.
FVG: $3400 acting as strong resistance.
Liquidity Pools: Below $3200 likely targeted next.
Key Levels:
Resistance: $3400, $3500
Support: $3200, $3000
Weekly Low: $2900 (major support).
Technical Indicators:
Hidden bearish divergence on RSI.
Money flow suggests ongoing distribution.
Trade Setup (Confidence: 6/10):
No immediate entry recommended.
Shorts: Enter if price breaks below $3200 with volume.
Longs: Only consider if $3300 is reclaimed with strong volume confirmation.
Recommendation:
Patience is key.
Market makers are likely accumulating at lower levels while trapping retail in premature longs.
Wait for a clear break of the range to confirm direction before taking a position.
Confidence Level: 6/10 for cautious trading in current conditions.
ETH ETH formed a bullflag pattern which indicates that ETH will continue to be bullish in the next few days
EthusdtEth looks a good buy at support . With stop loss below 3100 i think eth will make a big move in the coming days it will be nice if its to the upside as eth being lagging behind for so long .
2025.1.19 ETH. The Eve Before Pulling the PlateFour wave adjustment expectations ends,
Welcome to the five waves up
