Market trend under 15m TF is a Downtrending Market Analyzing under the 15m TF, we can see the market creating a BOS on the down side. A pullback to the previous high for an entry for a trend continuation as seen on the chart.
ETHUST.P trade ideas
EHUSDT: Cup and handle pattern is formed. Based on the Ethereum (ETH/USDT) chart you've shared, here is a concise trading strategy:
Support Zone: The price is currently testing a key support zone around $2,350. This area has shown buying interest in the past.
Short-Term Bullish Scenario: If the price holds above this support, a potential short-term bullish move could occur, with targets at the Fibonacci retracement levels of $2,471 (0.618) and $2,520 (0.5). Watch for bullish signals in this area to confirm potential upward movement.
Bearish Scenario: If the price fails to hold this support zone, a deeper decline could follow, with a major target at the 1.618 Fibonacci extension level, around $2,054.
Trading Plan: Consider entering a long position if the price bounces off the support zone with confirmation. Set a stop-loss below the support zone. Alternatively, if the price breaks below the support, look for a short opportunity with a target near $2,054.
This strategy provides a balanced approach for both potential bullish and bearish moves.
ETH swing long ideaETH price has fallen drastically since March. Since Aug we have been seeing a triangle of sorts forming with HLs being formed. With the recent events market has come down and now price, rsi, stochastic are all at low levels.
Looking for entry for a swing long whenever stochastic bottoms on the daily, to catch a potential reversal of the macro trend. Measured move targets around 4600-5000.
ETH LONGExpecting a weekly close inside weekly fair value gap. Idea failed if closed below.
Bounced off daily orderblock (for now) if things stay the way they are, looking to take profit at 2600.
Potential to break higher weekly highs before moving down lower (liquidity grab on a weekly scale)
what if ethereum is a scam and mi is going down.what if ethereum is a scam and mi is going down.
Preparing to break the trendline.
The amount of ethereum is holding now is not enough.
The world situation is unstable, and only cryptocurrency investors are buying and investing, capitalization is getting smaller and smaller, money is not coming into the system, and at the expense of what the price will grow?
I've marked the zones where we can fall.
What are your thoughts?
Ethereum's Next Major Bull Run: A Supercycle in the Making?In this analysis, we delve into Ethereum's price action and the potential for a significant rally in the upcoming market cycle. By leveraging Fibonacci extensions and multi-year technical patterns, we can gain valuable insights into where the next major resistance levels may form.
Looking back at the 2021 bull cycle, Ethereum reached its peak around $4,800, perfectly aligning with the Fibonacci 3.618 extension level. Fast forward to the present, and we are again seeing an ascending triangle pattern emerging—this time spanning several years, dating back to 2021.
By applying the same 3.618 Fibonacci extension, we can project a potential top for the next cycle around the $15,700 level. Not only does this align with the technical structure, but it also supports the case for a prolonged bull market—possibly a supercycle.
Historically, altcoins have shown strong performance following Federal Reserve pivots, often running for an extended 20-month period. If Ethereum were to reach this projected $15.7k level, it could act as a catalyst for an extended altcoin rally, ushering in a longer-lasting and more robust bull market cycle.
This confluence of technical patterns and macroeconomic factors suggests that Ethereum may not only continue its upward trajectory but also lead the charge in a broader market rally. Should this scenario play out, investors could witness one of the most significant bull cycles in cryptocurrency history.
Let me know your thoughts in teh comments.
FALLING WEDGE TGT 3,200ETH has a large falling wedge breakout looming. I have included the D1 and H4 counts that both appear to be ending. Strong support seems to be 2150-2300. Watch for potential dips down to the yellow TL.
A breakout to 3200 would put us above the weekly levels (purple) and the VPOC.
ETH - Testing Critical SupportHere is an update to our previous chart that can be found here:
From that previous post, we did confirm the key zone as support and have been riding our blue trendline to the upside.
Currently ETH is testing this blue trendline and will tell us exactly what wit happen next.
If we continue to close candle bodies at or above this blue trendline UPtober will continue.
If not, most likely we get a flash crash back into the green box or around $2,200 and if the bulls can eat up the liquidity quickly and recover the blue line then UPtober will continue.
Either scenario seems good for the crypto market given the price levels we are defending, but depending on what happens at this blue line will determine a flash crash or not.
Possible triangle patternHi there!
Triangle and how we can play it!
We have clear targets if this works!
Take care about stop grabbers at wave d and wave E
Good luck traders
Ethereum (ETH): Sellers Dominating HeavilyEthereum, after breaking that sharp trend and supportive zone, has been seeing a huge seller dominance where price has made some good moves.
Same as on the bigger timeframe, our attention is at the lower zone to see how buyers will react to that zone!
Swallow Team
Ethereum (ETH): Slowly Reaching Major Support Zone!After a magnificent rejection near EMAs, we had a nice downward movement all the way toward the supportive zone.
As of now we have had a nice 14% of marker price movement to lower zones where we still have some room to fall so keep your attention at that support zone!
Swallow Team
ETHUSDT Today’s ETHUSDT analysis shows a potential bearish continuation. After a sharp 10% drop, the price is hovering around $2,390, signaling more downside risks. The chart indicates that ETH might enter a consolidation phase, with the price likely retesting the resistance zone between $2,839 and $2,535 before making another move lower.
Key Levels:
Resistance Zone: $2,839 to $2,535
Support Zone: $1,550 (major support zone highlighted below)
Trading Strategy:
Bearish Setup: If ETH struggles to break through the resistance zone, it may lead to further declines, potentially dropping to the support level at $1,550. Traders could look for shorting opportunities near the resistance around $2,839 with a target of $1,550.
Stop Loss: Place the stop loss just above the $2,839 resistance to protect against any unexpected breakouts.
ETH Heading Down to 2000? Is That Possible?ETH Heading Down to 2000? Is That Possible?
Ethereum is moving down significantly after Bitcoin began a larger bearish movement, as I explained in my previous analysis. ETH struggled to break through the $2730 resistance zone and showed hesitation. If we look at the historical price structure, ETH appears to be repeating a similar pattern, increasing the likelihood of a similar move.
After any minor corrections, ETH may continue its downtrend, and this time, it wouldn’t be surprising if it drops to $2000. A very strong support zone exists between $2120 and $2190. If the price breaks through this zone, reaching $2000 could be an easy target.
🚨 Recent Economic Data Impact
Yesterday, the US reported ADP September employment at +143K versus the expected +120K. This raises hopes that the NFP data on Friday may exceed expectations. If that happens, ETH could easily reach the $2000 target
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❤️
Lingrid | ETHUSDT battle Between SUPPORT and Resistance LevelsThe price perfectly fulfilled my previous idea. It hit the target level. On the daily timeframe, BINANCE:ETHUSDT has been in a consolidation phase between support and resistance since August. Recently, a triangle pattern formed at the top of the range zone before the price dropped, likely influenced by the downturn in BINANCE:BTCUSDT . Currently, the price is approaching the psychological level of 2300, which has historically been respected multiple times. Additionally, the market is making lower highs and higher lows, indicating a narrowing price action. If the price approaches the 2300 level and shows signs of rejection, such as increased buying pressure, I expect a bounce off this support level. My target is resistance zone around 2525
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Bitcoin, Yes! But What About Ethereum?Bitcoin's chart is doubtful, this cannot be denied. Not everybody can look at it and easily determine what is going to happen next. Not everybody can extract the hidden and subtle signals; but what about Ethereum?
➢ Ethereum and Bitcoin move together, they are siblings; what one does, the rest follows.
➖ Ethereum, ETHUSDT, has a clearly bearish chart, this is something we can all see.
➖ Ethereum peaked in March 2024, just as Bitcoin did.
➖ Ethereum produced a major low in early August, just as Bitcoin did.
➖ Ethereum is 100% bearish, just as Bitcoin is... Wait, is it?
Yes, they are both one and the same.
When one chart is doubtful, we can look around and we can find clues in other pairs that tend to move in the same way.
Notice the volume breakout yesterday, the bear day produces twice as much volume as the daily average.
Notice the lower high and the EMA377 resistance being confirmed.
Ether is set to produce a lower low, this is clear, but what about Bitcoin?
Will Bitcoin detach and move up while everything moves down?
I don't think so... The market is set to experience one major drop.
Think of early August but much, much stronger...
Thanks a lot for your continued support.
Namaste.
ETHUSDT SELL NOW!!ETH is now consolidating in a range.
ETH is now under selling pressure!
SUPPORT is between 2196 & 2291
RESISTANCE is between 2815 & 2728
ENTRY PRICE :- 2664
TAKE PROFIT :- 2456
STOP LOSS :- 2873
ETH - Retesting Support Again...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 ETH has been bearish as an over-extended correction phase, and currently approaching a massive support zone $2000 - $2,200.
The support is also intersecting with a long-term trendline.
Thus as long as the $2000 holds, we will be looking for long-term bullish setups.
📚 As per my trading style:
As #ETH approaches the support zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
New BottomWave (iv) of an Impulse originating from 3977 likely ended last Friday. Since the 2351-2439 zone serves as a support, a counter-trend rebound is expected. However, this should be followed by continued selling aimed below the August low of 2111.
A trend reversal in favor of bulls can be discussed only if the descending channel is broken.
The chart includes marginal zones, which should be used to determine the pivot point.
ETH Triangle Pattern on Daily ChartETHUSDT Technical analysis update
ETH is currently forming a triangle pattern on the daily chart, indicating potential consolidation. The price could dip to $2,250 before a possible breakout to the upside.
We can confirm the bullish move once the price breaks the triangle resistance and crosses the 100 and 200 EMA on the daily chart.
ETH Another retest of the ~2k lows before rocketship to 3.4k?ETHER
- We want retest of the lows ~2k at
- W Trendline support
- W RSI falling wedge trendline retest
- W GP Fibs jsut below (one more lower low to there?)
- Elliot wave will complete 5th wave down of the C wave
- D will be oversold if we drop into GP
- Bull market breakout zone retest at ~2k
- Daily Trendline (falling wedge) breakout
- D EQ will start to fomr if we form a HL above 2150
We ENTER at red circle and have a STOP at 2150
TARGET 3.4K W Trendline if this plays out
Stops in if we actually breakdown with followthru!!!!
Ethereum (ETH): Broken Zones Resulted Good Downward MovementEthereum on a smaller timeframe has made a nice break of trend + break of that supprotive zone, which we have been looking to break for some time now.
Price has secured both trend and support, and now we are looking for further price development to lower zones so we wait!
Swallow Team
