ETH updateETH - Here is the 1st Line (cluster) of Resistance. All Crypto Market is in Bounce mode, so I expect it'll be hit. GLby sunmikee3
ETH longI think most people want rapid growth, expecting it - it is logical to throw such people out of the market. Therefore, taking this into account, my entry will be on a rapid impulse drop, I will place pending limit orders and wait for the performanceLongby Crypt0Hunterrr3310
Eth 1h Chart analysisEth 1h Chart analysis According to breakout strategy Eth will soon hit 2820 $ cheers support my idea Bullish Longby MehranSwingTraders113
2024-08-08 ETHUSDT The current market trend is volatile, and we can consider the range of 2000-2900 with high levels and low levels. Do not do it in the middle of 2500.by adolphs3
ETHusdtThe movement of the short-term chart of the Ethereum currency can be like thisby TeamCommander0
ETH looks still bearishEthereum is constantly making lower H's and L's. The larger structure is bearish as you can see. You can look for sell/short positions in the premium range. We are looking for sell/short positions in the supply range. Closing a daily candle above the invalidation level will violate the analysis. Note that the financial market is risky, so: Do not enter a position without setting a stop and capital management and confirmation and trigger. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanksby iMoneyTeam3
ETH/USDT 1-day chart update:! ETH/USDT 1-day chart update: ETH has broken below a crucial support level, indicating potential further declines. The price is close to a crucial ascending trendline, which could act as a bounce back with potential resistance around $2,800 if the trendline holds. If the trendline fails, the price could drop to around $2,000. Monitor trading volumes to gauge the strength of the current move. Check RSI levels for oversold conditions, which could signal a potential reversal. Traders should remain cautious and keep an eye out for any signs of trend reversal or continuation. Remember: This is not financial advice. Stay tuned to us for further updates and analysis. Thank you!Longby CryptoSanders95633
We Could See Another Leg down Toward a 2200$ And 2000$📉 At 20min Timeframe Rising Wedge Formed At The Chart Which Tested Fourth Times ,So At This Point Better To Be More careful Because We Could See Another Leg Down Toward a 2200$ And 2000$ ,Invalidation Of This Analysis Is Any Breakout From 2650$ Shortby Bullish_TradersUpdated 115
ETH: Bears May Push ETH To 2000ETH: Bears May Push ETH To 2000 ETH just confirmed a rising wedge pattern thus signaling the probability of further price declines. If the price follows the pattern, we may see ETH testing 2000 as shown on the chart. Targets: 🎯 2330 🎯 2185 🎯 2000 You may find more details in the chart! Thank you and Good Luck! Support with a like and comment ❤️Shortby KlejdiCuniUpdated 1121
ETHUSDT.1DIn my analysis of the Ethereum (ETH/USDT) daily chart, I've identified key technical elements that are crucial for understanding the current market dynamics. Firstly, it's important to note the failure of the Ichimoku calculation, which may necessitate reapplication or adjustment for a clearer analysis. The Moving Average Convergence Divergence (MACD) shows a strong bearish momentum, indicated by the significant separation between the MACD line and the signal line, with the histogram trending downward. This suggests that the selling pressure has been increasing, potentially leading to further declines if not reversed soon. The Relative Strength Index (RSI) is currently at 37.42, which is below the midline of 50 but not yet in the oversold territory (below 30). This positioning indicates that while there is bearish momentum, there might be room for further downward movement before the market is technically considered oversold. From the price action, we observe that ETH has recently broken below the support level at $3,043, now acting as resistance (R1). This breakdown could signal a continued bearish trend towards the next support level (S1) at $2,126.90. If this level fails to hold, the decline could extend further, potentially testing much lower supports. For potential recovery scenarios, ETH would need to reclaim and stabilize above $3,043 to alleviate immediate bearish pressure. A move above this level could open the path towards the next resistance at $4,105.80 (R2). However, given the current market conditions indicated by the MACD and RSI, such a bullish reversal might require significant volume and positive market catalysts. In conclusion, the current technical setup suggests caution for ETH traders, with an emphasis on monitoring the $2,126.90 support level closely. A break below this could lead to significant losses, while a recovery above $3,043 might signal a short-term bullish reversal. As always, it's crucial to consider external market factors and news that could influence price movements beyond what technical indicators alone can predict.by MarsSignals2
ETH long 15mWe are in the reversal range, so locally you can consider such a trade, the ratio of 1 to 15 looks quite goodLongby Crypt0Hunterrr114
Reflection on Friday, July 12, 2024If you concur with my analysis, you'll join me in shorting ETH at around 3300, anticipating a price of 2400. If you agree, consider taking this approach. If you do take this approach and recognize the value of seizing a trading opportunity, be sure to come back and support it with a like.Shortby adolphsUpdated 1
Ethereum Getting Closer To A Big Move!As mentioned in today's live session and post, I don't expect Ethereum to stay at the current level for much longer. The 1H chart shows a clear pattern that is about to break during the next hours. However, it is currently hard to forecast whether we will break up or down. A bullish breakout should send ETH to the 2.8k resistance, while a bearish drop might push ETH to the 2.1 level. Overall, the market recovery seems to be losing some steam at the moment. Bitcoin, for example, printed some reversal candles on the 4H chart, too. Accordingly, the probability of a break to the downside is higher. However, with the U.S. markets opening in two hours, we could see a bullish impulse, too. Therefore, I would remain VERY cautious when entering new trades at this level!by ben_walther0
Ethereum shortEthereum bounced down off the resistance area. Asset broke trough the ascending trendline. Bearish movement to support level at 2200 is expected to happen.Shortby Cryptobees_buzz1
ETH/USDT analysis and potential forecastThe recent candlestick with the large volume is a long red candle followed by a smaller green candle, which is a sign of potential short-term bottoming. However, this needs to be confirmed by further price action in the coming days. The chart shows a significant spike in volume on the recent large red candle, which indicates a strong selling pressure. This suggests a potential capitulation or panic sell, followed by a slight recovery. Decision Making: For Holders: Given the higher probability of an upward movement, holding ETH might be a favorable decision, but the presence of a significant downward risk suggests that setting stop-loss orders or partial profit-taking strategies could help manage risk. For Potential Buyers: The data suggests a favorable probability for entering a position, especially if you are prepared to handle potential short-term volatility.Longby thearabic_trader1
ETH/USDT analysis and potential forecastThe recent candlestick with the large volume is a long red candle followed by a smaller green candle, which is a sign of potential short-term bottoming. However, this needs to be confirmed by further price action in the coming days. The chart shows a significant spike in volume on the recent large red candle, which indicates a strong selling pressure. This suggests a potential capitulation or panic sell, followed by a slight recovery. Decision Making: For Holders: Given the higher probability of an upward movement, holding ETH might be a favorable decision, but the presence of a significant downward risk suggests that setting stop-loss orders or partial profit-taking strategies could help manage risk. For Potential Buyers: The data suggests a favorable probability for entering a position, especially if you are prepared to handle potential short-term volatility.Longby thearabic_trader0
ETHUSDT - UniverseMetta - Analysis#ETHUSDT - UniverseMetta - Analysis Clear boundaries of the sideways trend in which the price has been since March are visible. There was also a withdrawal of liquidity from the February lows. You can try to add an asset to your portfolio. For speculative positions, we can consider H4, the formation of a 3-wave structure in continuation of the upward movement, to the upper border of the sideways trend. If the price fixes above the border and retests the level, it will be possible to consider purchases with a target of 6084. To cancel the idea or purchase additional assets, it is better to consider a breakout of the nearest minimums. Target 3700 - 6084Longby Trade-U-Metta4
ETH reviewHere is Weekly chart of ETH! Downside Target was reached and we are in bounce mode! 1st upside Target is marked. Good Luck!by sunmikee1
ETH Eth prediction for the next days. I will waiting ETH to do this plan. After that i will take tye position to the first FTA. Longby dimahlad0
#ETH/USDT WEEKLY CHART ANALIYSIS !The ETH/USDT weekly update shows a bearish breakdown below a key support level, with the price currently at $2,502.09. Ethereum is approaching an ascending trendline, a crucial support level. Failure to hold this level could cause the price to drop to around $2,000. Conversely, a bounce off this trendline could face resistance at the previous support level of $2,800. Traders should keep an eye on volume and RSI signals to gauge the strength of the current downtrend and potential reversal points. Remember: This is not financial advice. Stay tuned to us for further updates and analysis. Thank you!by CryptoSanders95631
ETHUSDT Long trade setup!!#ETHUSDT Long trade setup: ETHUSDT looks good holding support. Going Long on ETHUSDT with the below setup. ENTRY ZONE: $2392 to $2455 Leverage: 5x Target 1: $ 2686.22 Target 2: $ 2909.25 Stop Loss:- Close below $ 2313.59 Happy Trading!!Longby persis10t1
Ethereum 1D #ETH corrected similarly to #BTC after ETF approvals. It absorbed all the liquidity from the 2024 consolidation and is now attempting a climb. We might see a price increase to liquidate shorts, but a retest of the 2288 zone is also possible. In the event of a new low, DCA zones are crucial, and it's essential for the price not to open a daily candle below 1800. For sell zones, we first need to see support at the 3200-3300 range; only then can we discuss a new ATH. Longby TraderX101010
ETH going back down It’s gonna probably retest that last low market structure is pretty clear here, i’ll short at 2607, watching price action of course Shortby forsaken0010