#eth long to $3600Just opened an ETH long. Based on analysis Bulls look like they're gaining strength against the bears. Target $3605 Stop : $3500 or lower 3-4 RR trade.Longby Filnft0
ETH short squeeze still possibleMight still get eth short squeeze , see prior pin post. Invalidation was candle close below 3474 but it didn't happen. Thought I saw 30 min engulf with volume and that shifted my bias a bit o the downside consider we were already below support. Watching price a bit now with long ready just in case. Will update when I enter 2.5-3,4 RR setupLongby FilnftUpdated 1
$ETH #Ethereum Trading IdeaETH/USD (Ethereum) price still holds on a $3,450-$3,500 support level. Waiting for a breakout like the last time. This bullish setup is invalid if this support won't hold the price. Then there is a huge probability of retesting the $2,920 support level. Be safe out there!Longby planfomo2
Eth short back to $3400Prior eth long scenario got invalidated. Now I think the price will continue to trend lower after seeing strong selling pressure coming in and rejection of higher prices above 3500 area. Daily,4hr,1hr and 30 min tf trending down. Target is next main support at $3400 area.Shortby Filnft1
Eth Short Squeeze to $3560 eta 1-2 hrs.Am waiting for Eth to correct a bit to $3500 psychological level then show signs of strong buying interest. This will be a breakout of 1hr and 4hr trend back to the upside. Price already failed to make a new lower low and pushed up strongly with a strong engulfing candle with volume on the 1hr tf- that's potential new higher low. Target is daily resistance area around $3560 I expect a fast aggressive short squeeze breakout as many people have been shorting above near by resistance including the current correction high on 15 min tf, a trigger of their stoploss will convert to instant buy orders providing fuel for price to slingshot higher into other near by stop and repeat the process until we reach potential sell wall at 3560 area where I expect price to correct again back down to $3515 area, taking out fomo longs while searching for new potential higher low. There's also inverse head and shoulder confluence on the 1hr tf. Setup invalidated if price close below $3474Longby FilnftUpdated 2
Ethereum(ETH) Analysis===>>15 minute time frameEthereum(ETH) has succeeded in breaking the lower line of the Symmetrical Triangle . According to the theory of Elliott waves , Ethereum(ETH) seems to be completing corrective wave s. I expect Ethereum(ETH) to fall at least to the Potential Reversal Zone(PRZ) . Note: An important point you should always remember is capital management and lack of greed. Ethereum Analyze (ETHUSDT), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.Shortby pejman_zwinUpdated 9926
Technical Analysis of Ethereum (ETH/USDT) by Blaž FabjanTechnical Analysis of Ethereum (ETH/USDT) Chart Overview: The chart depicts the ETH/USDT price action on a 4-hour timeframe, showcasing a falling wedge pattern, which is generally considered a bullish reversal pattern. Here are the key observations: Falling Wedge Pattern: The falling wedge is marked clearly, indicating a potential upward breakout. The pattern is confirmed by the higher lows and lower highs converging towards the apex. Support and Resistance Levels: Resistance Zones: $3,600 - $3,800 and $4,000. Support Zones: $3,200 - $3,400. Volume: The volume is relatively low but picking up near support zones, which is a typical characteristic before a breakout. Indicators: VMC Cipher B: Showing potential divergences with green dots indicating possible bullish momentum. RSI (14): Currently at 42.06, suggesting the market is not overbought and has room to move up. Stochastic RSI: Showing oversold conditions, which could indicate a buying opportunity as it crosses upwards. Trading Plan Intraday Trading Strategy: Use support and resistance levels for quick trades. Entry: Buy near the support zone ($3,200 - $3,400) when confirmed by bullish indicators (e.g., green dots on VMC Cipher B). Target: Sell near the first resistance zone ($3,600 - $3,800). Stop Loss: Place a stop loss below $3,200 to manage risk. Scalping Strategy: Take advantage of small price movements within the support and resistance zones. Entry: Buy on minor pullbacks within the wedge near $3,300 - $3,400. Target: Aim for small profits at $3,450 - $3,500. Stop Loss: Place tight stop losses around $3,280 to minimize losses on quick trades. Swing Trading Strategy: Capitalize on the potential breakout from the falling wedge. Entry: Buy once price breaks and retests the upper trendline of the wedge around $3,500 with confirmation from volume increase. Target: First target at $3,800, with a potential move to $4,000. Stop Loss: Place a stop loss below the retest level, around $3,400. Conclusion and Advice Given the technical indicators and the falling wedge pattern, Ethereum (ETH) is showing signs of a bullish reversal. Traders should consider the following: Long Positions: Favorable for all trading strategies (intraday, scalping, and swing trading) as the pattern and indicators suggest an upward movement. Enter positions near support levels and on confirmed breakouts. Short Positions: Not advisable at this stage unless there's a confirmed breakdown below the support zone of $3,200, which could invalidate the bullish pattern. Recommendation: Based on the chart, a long position is recommended with careful attention to the support and resistance levels. Monitor the indicators for any shifts in momentum and adjust the trading strategy accordingly. Always use stop losses to manage risk effectively.Longby elfabiiani0
ETH ETH mitigating orderblock (1) to moving downside. Order block (c) was failed. Because order block (c) was buyside orderblock. But Ethereum was bearish. So Buyside orderblock was not high probability. At the same time Ethereum break the uptrend channel downside. If Ethereum moving upside, mitigate orderblock (2) to moving downside. Order block (3) was buyside orderblock. But it was not high probability. Maybe some upside movements possible.Shortby rahulOffi224
ETHMy point of view on ETH currently price doesn’t create a new high but resistance instead, so I expect ETH can go lower than currently low. #not Financial advice and good luck Shortby MintaTH114
$eth HTF breakout imminent | TP ~$7kCRYPTOCAP:ETH still looks full bull to me on HTF. Hovering right above previous major resistance, which coincidentally is right at the pivot. 5D chart here. Sill on bull side of RSI EQ and AO is inching closer and closer towards a full reset. We're eyeing at least $7k by November.Longby drcrypto140
[Crypto] ETHUSDT Buy IdeaNote - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivativesLongby Amit_Ghosh0
AI Model for Predicting ETH/USDT Prices Model Overview This AI model is designed to predict the price of the cryptocurrency ETH/USDT based on historical data from multiple exchanges. The model utilizes machine learning technology, specifically recurrent neural networks (RNN) with Long Short-Term Memory (LSTM) layers, which are particularly well-suited for time series and sequence-based predictions. 2. Data Sources The model draws data from two main exchanges: Binance Bybit For each exchange, historical data is retrieved, including price (open, high, low, close) and trading volume. These basic data points are supplemented with technical indicators such as RSI (Relative Strength Index), MACD (Moving Average Convergence Divergence), and Bollinger Bands, which help better understand market behavior. 3. Data Processing Data is first normalized to have a consistent range, which facilitates the training of the neural network. Datasets and sequences are then created for training the model. 4. Model Structure The model is composed of several layers: Input Layer: Accepts sequences of data of 60 steps in length. LSTM Layers: Three layers of LSTM neurons, each with 50 units, with dropout regularization to prevent overfitting. Dense Layers: Two dense layers for final signal processing and generating predictions. 5. Training and Validation The model is trained using cross-validation (k-fold cross-validation), which allows for more efficient training and validation of the model. Each fold splits the data into training and testing sets, improving the model’s accuracy and robustness. 6. Model Saving After successful training, the model is saved for future use, significantly speeding up the prediction process. 7. Generating Predictions The model generates predictions for the next 48 hours (2 days). Predictions are visualized in a graph that also includes support and resistance levels, calculated based on pivot points. Results of the Latest ETH/USDT Prediction 1. Visualization and Metrics The latest ETH/USDT prediction is shown in the graph. The model achieved the following metrics: MSE (Mean Squared Error): 0.0022867241799262895 RMSE (Root Mean Squared Error): 0.04675314113269089 These metrics indicate that the model has a relatively low prediction error, meaning it is quite accurate. 2. Analysis of the Latest Prediction Based on the latest graph, it can be seen that the model predicts a significant increase in the ETH/USDT price after a period of stabilization. This prediction was generated using historical data from Binance and Bybit exchanges, ensuring robustness and reliability. 3. Comparison with Real-World Development The latest graph also includes the real-world price development following the predicted period, allowing for a comparison of the model’s accuracy. In previous predictions, the model successfully captured major trends and price movements. Longby BitcoinblockchainonlineUpdated 0
ETH Analysis:Comprehensive Review Across Different Time Frames🔍 Let's dive into today's analysis. Today, I want to thoroughly analyze Ethereum to provide a complete overview of the potential scenarios ahead. Bitcoin Analysis 📉 First, let's take a look at Bitcoin. In the 4-hour timeframe, we found support at 64429. After breaking the high of 65389, we set a higher low in this timeframe. From a Dow Theory perspective, we are seeing the first signs of a trend reversal. If we set another higher high and higher low, we can confirm an upward trend. 📈 An important aspect of this trend change is that buying volume needs to enter the market. As you can see, the green candle volume is gradually increasing. We now need price confirmation for an early long position entry. Dow Theory confirmation can be a good trigger, but if the price doesn't correct, candle confirmation above 66719 can serve as a suitable long trigger. RSI has also given its confirmation by breaking 50.91. 📉 For short positions, confirming a candle below 64429 remains a strong trigger. Given the current downward momentum, there's no need to complicate things unnecessarily. Simply confirming a candle below this support is sufficient for a short position, with RSI breaking below 32.53 providing additional confirmation. ⚠️ Remember, we are in a large range box. When the high wave cycle (HWC) is in a range, we shouldn't expect our positions to yield significant profits or for the market to move sharply and hit our targets. ### Ethereum Analysis 🔍 Now let's move on to our main focus, Ethereum (ETH). Weekly Time Frame 📅 Starting with the weekly timeframe. Alongside Bitcoin's rise from 25k to 74k, Ethereum also climbed from its 1500 support, coinciding with a curved trendline, up to 4k. It formed a significant resistance at 3873 and then began correcting, reaching around the 0.382 Fibonacci retracement level, finding support at 2922. 📈 A major catalyst for Ethereum's support at this level was the announcement of the approval of an Ethereum ETF, which generated considerable hype. As a result, since that day, everyone has been waiting for the ETF's launch date. This has created significant bullish sentiment around Ethereum. By analyzing the total2 to total3 ratio, Bitcoin, and Tether dominance, we can infer that money flow is shifting towards Ethereum, likely because traders and whales believe that buying before the ETF launch will be profitable in the future. Technically, we can see that it reached the 0.382 Fibonacci level, and as selling volume decreased and the SMA25 intersected the price, a new upward momentum began. In my opinion, a combination of technical factors and the ETF news has created significant hype for Ethereum. 💸 For spot buying in the daily timeframe, it's better explained, but if you buy only in the weekly timeframe, you should wait for a break above 3873. Breaking the 70 level in RSI can provide additional confirmation for your buy. 📉 If the 2922 support, which aligns with the 0.382 level, breaks, we could move towards the golden zone of Fibonacci, between the 0.5 and 0.618 levels, with a target around 2200. Ethereum to Bitcoin Price Ratio 📉 Next, let's analyze ETH/BTC, which shows the price ratio of Ethereum to Bitcoin, helping us understand the money flow direction. Since mid-2022, Ethereum's price relative to Bitcoin has been declining. This doesn't mean Ethereum's price dropped, but rather that Bitcoin's price increased more significantly. 📈 After reaching the Demand zone, this chart made a fake breakout below this zone and returned to it, reaching its descending trendline. With the current hype and money flow into Ethereum, we expect this trendline to finally break. After breaking the trendline, the next obstacle is the SMA99. If Ethereum clears these hurdles, it could see a 56% increase relative to Bitcoin. If Bitcoin also trends upward during this period, Ethereum could experience significant growth in the ETH/USDT chart. 📉 If Ethereum continues to decline relative to Bitcoin, the next target could be 0.04307. Daily Time Frame 📅 Moving to the daily timeframe. In addition to the weekly Fibonacci, we can draw another Fibonacci on this timeframe. The 0.618 level of this Fibonacci overlaps with the 0.382 weekly Fibonacci, creating a significant support at 2873. After breaking the trendline discussed in previous analyses and the ETF approval news, Ethereum made an upward move. 📉 Currently, it has reached resistance at 3894 and is correcting, forming a range between 3457 and 3642. Breaking either of these levels could move the price to the bottom or top of the range. 📈 For spot buying, breaking 3642 is risky; the main resistance is 3894. Breaking either of these levels allows you to buy. RSI can also assist in spot buying; breaking 52.04 allows buying after price confirmation. For shorting in a market downturn, 42.84 is a suitable trigger. For futures positions, let's look at the 4-hour timeframe. 📉 In this timeframe, the price, after reaching the 0.618 Fibonacci level, created a range between 0.618 and 0.382, visible in the daily timeframe as well. 📈 We have two main triggers for long and short positions. The main long trigger is breaking 3629, with RSI breaking 61.57 for additional confirmation. For short positions, breaking 3402 is ideal. Use these triggers for opening positions. The target for long positions is 3875, and for short positions, it's 3185. 📉 If you want to open a short position earlier, confirming a candle below 3522 allows a low-risk short entry. This is happening now, and if the candle confirms below this level, you can enter a low-risk short position, but the target will be 3402, not 3185. ⚠️ The most crucial point in most analyses is that volume must confirm the trend. Always remember this to filter out and identify fake moves. 📝Ethereum's price movements are currently influenced by a mix of technical levels and fundamental news, particularly the upcoming ETF. Monitoring key support and resistance levels in different timeframes, along with volume and RSI confirmations, is essential for making informed trading decisions. Keep an eye on market trends and news updates to adapt your strategy accordingly. 🧠💼 Always remember the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Stick to strict capital management principles and use stop-loss orders, ensuring an initial target with a risk-to-reward ratio of 2. 🫶 If you found this analysis helpful and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.by itsparham96114
ETH SHORTETH is showing signs of a potential breakout to the downside, presenting a short trade opportunity. The breakout trade setup indicates a possible downward movement in Ethereum's price, making it an attractive option for shorting. Traders may consider entering a short position in anticipation of a bearish price movement, aligning with the breakout pattern.Short01:49by XTradeSetup0
ETH - Simple Structure!Hello TradingView Family / Fellow Traders, 📦 After breaking below the $3650 structure, ETH has been bearish trading within the falling channel marked in orange. 📈 For the bulls to regain control, and push towards the $4000 mark, a break above the upper trendline and $3700 is needed. 📉 Meanwhile , ETH would be overall bearish and can still trade lower to test the lower orange trendline and $3,200 demand zone. Which scenario is more likely to happen first, and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richard Nasrby TheSignalyst14
Scholar ethusdt 19930427This will help to improve technical analysis on eth ustdby abinvakathadathil0
ETH short. getting profit in shorting, let us tryRR 1:2 big chance to TP1. don't push the market, if it's not possible, just take full profit ini TP1Shortby riansyahpgUpdated 1
ETH ready to turn bullish againETH/USDT (Ethereum) Sector: PoS Layer 1 Market Cap: $440B ETH recently suffered a correction, as did the whole market, driven by Bitcoin. This morning, however, we managed to break the downtrend line below which we had been stuck for over 15 days. We are currently retesting it. If the rebound continues, the next resistance zone to watch will be around $3650, where we could be pushed back. If we manage to break through this level and turn it into a support, then we could go for the previous highs around $3900. Although many people have turned bearish because due to boredom and sharp corrections on altcoins, Ethereum stands out thanks to the narrative regarding the approval of its soon-to-be-launched ETFs. It's also worth noting that the SEC's charges against Ethereum were dropped yesterday!Longby vf_investment338
$ETH chart LTF weakness#eth #ethereum chart formed bearish divergence in LTF. Small correction may be necessary. Not financial advice. Shortby naphyse0
ETHEREUM → Rising to 4000? Positive fundamental background...BINANCE:ETHUSDT may end the correction phase and move into the distribution phase, the target could be 4000-4800. Fundamentally, ethereum is receiving positive signals from regulators. The price is breaking the resistance of the local correction pattern. The coin is trying to go beyond the consolidation range (breaking the bearish wedge resistance). A break of the local high will be a confirmation that the correction is over and the market is ready to move on. Earlier ETH-ETF was approved, the next stage is confirmation of S-1 form (admission to trading), SEC is actively working with issuers, trading may start this summer. Also, a positive sign of a strong market is the end of the SEC's judicial investigation against ConsenSys (Ethereum developer). Volumes are rising and like the price, traders are taking this fact positively. Resistance levels: 3650, 3730 Support levels: 3585, 3480, 3400 The price consolidation above 3650-3730 will confirm the end of the correction. Bulls in this case can take the situation into their own hands after a long accumulation, the target of which may be a test of high, as well as ath. Regards R. Linda!Longby RLinda4431
ETH Analysis ETH still holding the Inducement (💎). But ETH showing some upside movements. Because ETH countinuesly mitigating orderblock (a, b) to moving upside. The next one is Order block (c). So ETH mitigate orderblock (c) to moving upside is possible. If order block (c) was fail, ETH moving downside. And order block (1) was sell side order block. So maybe mitigating this order block to moving downside is possible.by rahulOffi0
BTC Long Liquidation RiskPotential Short Target 61k Explaning why there is a Long Liquidation Risk. Do not forget: When there is high risk and fear, there is also great opportunity.Short08:24by SerenityEquity224