ETHUSDT on a Strong Bullish Run: Breaking New GroundToday, ETHUSDT is maintaining a powerful upward trend, trading around 2840 USDT with an impressive gain of over 4.44% for the day.
After a period of consolidation within a wedge pattern, it successfully broke through the sideways trend and surged upward.
The immediate target now is the higher resistance zone around 3400 USDT, with a closer level at 3170 USDT as a potential checkpoint.
What are your thoughts on ETHUSDT's trend? Share your opinion in the comments below. Good luck!
Ethereum (Cryptocurrency)
Eth swing long the shotpreviously I made a swing long in the 2800 zone very profitable, now after breaking that support and testing lower levels, we have returned close to the 2800-2900 zone, we keep the VAL (Value are low), if we can reach that zone and consolidate, the trip will be direct to the next gp of 3400.
ETH/BTC Weekly - Ascending Trendline Support and Potential RebouThe ETH/BTC weekly chart shows a strong ascending trendline acting as long-term support. ETH/BTC is currently near this support level, where it has historically shown bullish reactions. The recent drop to the trendline suggests a potential bounce, with a green arrow indicating the possible upward trajectory if the trendline holds.
I'm personally considering this level for a potential long position, with a target near 0.08 BTC, aligning with prior resistance. However, if the price closes below the trendline on the weekly chart, I’ll reevaluate this setup for further downside possibilities.
This is my personal trade setup and not financial advice
Road back to 4,000 then New ATHBitcoin done it again since trump won election but feeling everybody has there eyes on Ethereum right now and so do i. So slowly breaking the major resistance but theres 1 more resistance left which is in 2,820 zone; once that breaks to push up higher it will get back to 3,000
Which means it's possible to reach back to recent ATH.
But now ethereum is a little slow but slowly breaking the resistance so it takes time be sure to use proper risk management so you wont get Spiked out. If you had bought the Ethereum in the last few hours or last night then you will be fine;
The take profit i placed pay attention to those its up to you when you like to take it but be sure place the stop loss at 2,635 that is the safe play.
That is all i have to say and donald trump going to make everyone rich we will see.
First break thru the resistance and get to 3,000, then road back to recent ATH inside the 4,000 area and lastly we should expect a new record of ATH back-to-back
I will have another post related to this and lets make this money
Ethereum - This Is The Last Buying Opportunity!Ethereum ( BITSTAMP:ETHUSD ) is still super bullish:
Click chart above to see the detailed analysis👆🏻
Despite the correction of about -50% which we saw over the past couple of months on Ethereum, market structure and price action is still overall bullish. Ethereum is currently creating a bullish break and retest with a potential move of +60% towards the upside.
Levels to watch: $2.000, $4.000
Keep your long term vision,
Philip (BasicTrading)
ETH/USDT Short SetupEthereum is showing signs of reaching a local resistance level after a strong upward push. Given the market structure and recent rejection near the resistance zone, a potential short opportunity is developing.
Entry: Around the current resistance at 2,700 USDT
Stop Loss: Set slightly above the recent highs at 2,800 USDT to minimize risk
Take Profit Zone: Looking for a pullback to the trendline support around 2,500 USDT
Analysis:
ETH has faced challenges in breaking above this level consistently, indicating a possible temporary top in this range. The recent volatility suggests that a correction could be on the horizon as traders lock in profits. The broader trend still holds bullish potential, so this is a cautious short position for a quick gain rather than a long-term reversal bet.
Remember, this market moves quickly, so stay alert for any rapid changes. Manage your risk, and trade wisely!
DYOR as always.
ETH Breakout: Altcoin Surge Ahead?When Ethereum (ETH) breaks through the blue resistance zone between $2,763.95 and $2,821.66, it’s expected to trigger a strong rally. This breakout could fuel significant momentum for ETH and spark a ripple effect across the crypto market, leading to a surge in altcoin prices.
XAU/USD : Liquidity Fills and Key Levels Amid Market VolatilityBy analyzing the #Gold chart in the 1-hour timeframe, we observe that yesterday, as anticipated, both targets of $2745 and $2748 were achieved, with the price even climbing to $2750. After collecting liquidity above these levels, gold experienced a sharp decline following the announcement of Donald Trump's presidency, dropping to $2701. The price quickly filled the liquidity gap and is now trading around $2724.
The key level to watch is $2740—if the price stabilizes below this, further declines toward $2717, $2700, and $2686 are likely. High market volatility persists; inexperienced traders should consider observing the market until it stabilizes. This analysis will be updated soon!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Upcoming altcoins season factors We should track Bitcoin Dominance and basically BINANCE:ETHBTC chart
Ill cut all noise and check Monthly timeframe
➡️Check how previously on a M tf altcoins react after money inflow
➡️We see same money inflow in alts at this current moment by my Money Power indicator
➡️Can we drop lower again? Of course. But I think it will not happen because of timing.
➡️Also I dont think so this alt season will be amazing like previous one and shorter
➡️Would like to see test buy line of my Trade On indicator M tf
➡️The same level will be full fill M fvg
➡️Bounce and end of altseason will be around take profit or exit line marked on a chart (same time I think bitcoin dominance will be around 45%)
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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Something has changed! The SEC gives us the chance ...We may have new ATH
Technical Section:
In logical terms, the chart tells us that the market is at the start of a new trend (should be an automatic buy for us). The next move, will be sharp.
Huge Bullrun for Ethereum The support was strong and still taking its bullish over; bears are weaking.
Today is the election; Trump and RFK are the only 2 presidents who support crypto; if trump ever wins the election the whole entire crypto market will skyrocket;
Im not going to say much because we all know whats going to happen in the election;
Bitcoin will road to hit $95K or $100K .. but it will go alot higher.
Ethereum on the other hand will hit EUROTLX:4K , $6K and then $10K.
Buy at your own risk
Analyzing the Relationship Between Ethereum and the S&P 500The Fractal Theory and Crypto
The financial markets, often chaotic and unpredictable, can sometimes reveal patterns that repeat themselves over time. This concept, known as fractal theory, suggests that similar patterns can occur across different time frames and asset classes. In recent times, some analysts have drawn parallels between the price movements of Ethereum (ETH) and the S&P 500 index.
The S&P 500 Fractal and ETH
Ethereum's price action may be following a similar pattern to that of the S&P 500 index in 2020.
If this fractal theory holds true, it could have significant implications for the future price of Ethereum. The S&P 500 index experienced a sharp decline in March 2020, followed by a V-shaped recovery. If Ethereum were to follow a similar trajectory, it could potentially surge to new all-time highs.
Key Factors Influencing ETH's Price
While the fractal theory offers an interesting perspective, it's important to consider other factors that could influence Ethereum's price:
1. Network Upgrades: Ethereum's ongoing development, particularly the highly anticipated Shanghai upgrade, could significantly impact its price. This upgrade is expected to unlock staked ETH, potentially increasing market liquidity and driving demand.
2. Global Economic Conditions: Macroeconomic factors, such as interest rates, inflation, and geopolitical events, can influence the overall market sentiment and impact the price of cryptocurrencies.
3. Regulatory Environment: Regulatory clarity and favorable policies can boost investor confidence and fuel price appreciation. Conversely, stringent regulations could dampen market enthusiasm.
4. Institutional Adoption: Increased adoption by institutional investors can provide significant support to Ethereum's price. As more traditional financial institutions recognize the potential of blockchain technology, they may allocate a portion of their portfolios to cryptocurrencies.
Potential ETH Price Prediction
Based on the fractal theory and other factors, it has been predicted that Ethereum could reach a price of shortly. However, it's crucial to remember that price predictions are inherently uncertain and should be taken with a grain of salt.
Conclusion
While the fractal theory provides an intriguing framework for analyzing Ethereum's price movement, it's essential to consider a range of factors that could influence its future trajectory. As the cryptocurrency market continues to evolve, staying informed and making informed investment decisions remains crucial.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. It's important to conduct thorough research and consult with a financial advisor before making any investment decisions.
Time to moon, ethereum has bottomed outI've been following Benjamin Cowen for 3 years and damn gotta say it: the guy is a genius. However, I don't think Ethereum is hitting 1.2k as he suggests. If Donald Trump wins tonight, Doge will skyrocket as Bitcoin dominance has already peaked at 60%. Just today, someone bought more than 1 billion doge coins on Binance. It's getting crazy.
With that said, I think that even though we're still around 60 days away from the restart of QE and the business as usual following the 259 day after bitcoin halving official start of Altseason date, this cycle could get front run and anticipated as people seek first mover's advantage. Better to not wait till the last minute. Everything is highly anticipated this cycle, from Bitcoin reaching previous all time highs and staying up there for 7 months straight to the crazy volatile election day today.
If you want to try to accumulate here, good luck with that and yes, do wait until Thursday to see what the Fed is up to, otherwise it's a good idea to start hedging here or you'll risk getting sidelined and missing the upcoming 2025 all star season, specially now that ETFS for Ethereum are live.
ETHUSDT: Bearish Momentum Signals Further DeclineETHUSDT is showing clear bearish momentum on the 4-hour chart, with prices trading around $2,422. The downtrend is supported by the price consistently staying below the 34 and 89 EMAs, indicating strong selling pressure.
The purple resistance zone around $2,490 has held firm, preventing any upward movement. As shown in the chart, ETH appears poised for further declines if it continues to respect this resistance level. Potential targets for the downside are near $2,360 and $2,280, aligning with recent lows.
Traders might consider shorting opportunities if ETH remains below the resistance, with stop-losses set above the $2,490 level. Keep an eye on market sentiment and technical indicators to confirm the bearish outlook.
ETH Bouncing Off Key Support – Rally on the Horizon?Hey everyone!
If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates!
Welcome to this quick ETH update.
ETH is forming a descending triangle like structure in the daily time frame and currently holding the lower trend line of the triangle. It is holding the trend line and bouncing very well so far.
As long as, ETH is holding the trend line we can expect a good rally from here.
What’s your take on ETH’s current price action? Are you spotting this bullish setup too? Share your analysis in the comments, and let’s ride this wave together!
ETH/USD Potential Rebound from Bullish Trendline, Target $6,000This analysis focuses on COINBASE:ETHUSD price movement in the daily chart, highlighting a strong bullish trendline pattern. Currently, Ethereum's price is forming higher lows, indicating strength in the ongoing upward trend. The price is approaching the trendline, signaling a potential rebound that opens up bullish opportunities.
If the price successfully bounces off the trendline, the profit target is set at the psychological level in the range of $3,500 to $6,000. However, if the price breaks below the trendline, this bullish signal will be considered invalid. The stop loss is placed at the psychological level of $2,200 or if the price breaks below the trendline.