ETH - Bottoming against BTC and USDT ?**Crypto (ETH/BTC and ETH) review**
*General outlook*
Bitcoin is now facing resistance at a crucial pivot point to create the first higher high in months, BTC needs to break through the downward trendline (red) and the pivot high at $65,000. This breakthrough could push Bitcoin towards the highs of $69,000–$72,000 and bring an influx of capital to the broader cryptocurrency market.
Recently, ETH has garnered less attention as other Layer 1 and Layer 2 crypto projects have taken center stage. While ETH/BTC had initially broken down at levels not seen since april 2021, it's now reclaiming its range lows. Meanwhile, ETH/USDT has maintained its range, suggesting ETH might see gains in the coming weeks, provided Bitcoin doesn't break down.
*ETH/BTC* - On a macro scale, the ETH/BTC ratio appears to be moving in a large triangular consolidation pattern. The upward trendline, which will provide support, sits just below the 0.786 Fibonacci level of the entire last wave at 0.0369 ETH/BTC. With levels not seen since april 2021, it is possible that the narrative might shift in favour of ETH.
Zooming in, we can see a Hammer candle on high volume that created the low of the range—a potentially bullish signal. While we had broken down and confirmed from the range, ETH/BTC has since reclaimed it, though not yet confirmed. To confirm re-entry into the range, ETH/BTC needs to close with a daily candle above 0.0407 ETH/BTC. This could signal a quick push towards the range high, which coincides with the downward trendline that will serve as resistance at 0.4613 ETH/BTC.
*ETH/USDT* - ETH has held the low of the range that lies at the 1.618 extension of the previous big M-pattern and coincides with a pivot point now serving as support (see pic 2). The price has pushed through the 50D Moving Average and upward trendline (green) that served as resistance, indicating bullish strength returning to ETH. To confirm the push higher towards $3,000+, ETH needs to break $2,820.
We're still early =)
Have a nice weekend !
ZEDDIT
Ethereum (Cryptocurrency)
Key Levels and Rebound Potential for ETHThe ETH monthly chart has reached the Fibonacci Retracement 38.2% level. If a pinbar forms by the end of this month (providing technical confirmation), there is a strong likelihood of a rebound to the Fibonacci Retracement 61.8% level at 3397 next month.
The weekly chart indicates that it first needs to test the resistance level at 2850. Given the current weakening trend of the US dollar, it seems plausible that the price can reach 2850. However, for the target of 3397, we must monitor next month’s US employment data, as it will influence the dollar's trajectory and, in turn, the potential for non-dollar assets to achieve new highs.
ETHUSDT BuyAs Ethereum has broke its Resitance and now is taking support over it and will fly high anothet confluence for going in buys is it has formed a Continuation pattern flag pattern which is completed some of my Friends taking it as a penunt over H4 and H1 accordingly but its a bullish setup also it can be categorized as a rally base rally formation till now lets see whats waiting but as today is concerned we had all bullish signs around us
Ethereum is a dealEvening mate , i gave you eth at 1600$ but once again i see a chance to accumulate this giant.
Price right now is on a very strong support which we can also consider as a retest. There’s a massive pitchfork i see which causes candles to react beautifully, as you see we are hitting the floor atm .
I think buying eth now is like buying eth below 500$ in the last cycle, it also indicates a good reversal signal for altcoins as well .
Love you all .
Daddy sharkie :)
Ethereum Surges 9% After Fed Rate CutKey Highlights:
Ethereum saw a 9% price increase, closing the week strong.
The Fed's 0.50% interest rate cut sparked a bullish reaction across the crypto market.
ETH broke through the $2,400 resistance level, which is now a critical support.
Targets and Outlook:
Current targets are $2,600 and $2,900, both of which will serve as key resistance levels.
As long as $2,400 holds, buyers remain in control.
After months of bearish price action, Ethereum is showing signs of recovery.
#Ethereum #ETH #CryptoBull #MarketUpdate #FedRateCut #CryptoRecovery #ETHPriceTargets
ETH/USDT Technical Analysis Overview:ETH has bounced off a significant support zone near 2,100-2,300 USD (brown-shaded area). This zone has previously acted as a strong support and the price seems to have respected it once again.
ETH is currently trading around 2,548 USD, showing a strong upward movement with a recent breakout above a descending trendline.
Resistance and Support:
The red-shaded area at the top of the chart, between 3,800-4,200 USD, is a major resistance zone. This level has previously rejected ETH, so breaking through this area will be key for further upside momentum.
Support is clearly defined around the 2,100 USD mark, which ETH has bounced off multiple times.
The yellow moving average suggests a potential shift toward a bullish trend, with price action starting to close above it.
ETH has broken above a descending resistance trendline, indicating a potential bullish reversal.
Based on the arrow in the chart, the projection suggests a bullish run toward the 3,200-3,800 USD range if ETH continues this momentum. However, it will face key resistances of around 2,800 USD and 3,050 USD before challenging the upper resistance zone.
The chart suggests a positive outlook for ETH, as long as it maintains support above the 2,400 USD level. If momentum continues, it could retest key resistance levels higher up.
Would you like further details or updates on this?
Disclaimer: This analysis is for informational purposes and not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
ETH → a possibilityHello guys.
If you are a risk appetizer read it:
Descending Trendline Break: The price is approaching two descending trendlines. A breakout above these trendlines would signal a potential bullish move.
Internal Trendline: An internal trendline is also visible, marking a shorter-term resistance. The engulfing pattern near this line suggests bullish pressure building up.
Support Zone: The horizontal yellow zone near the 2,180 level shows a strong support area, where the price previously found buying interest. This area has held, indicating demand.
Engulfing Candle: The engulfing candle indicates a potential bullish reversal, confirming the bounce from the support zone and signaling a potential trend shift.
Target Zone: The blue rectangular zone around the 2,820 level represents the target for this move. If the price breaks through the trendlines and sustains upward momentum, this could be the next major resistance area.
Bullish Potential: If the breakout is confirmed with volume, the target around 2,820 becomes achievable. However, failure to break the trendlines could result in a retest of the support around 2,180.
This setup suggests a bullish bias, contingent on a successful breakout above the descending trendlines.
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ETHEREUM RoadMap (4H)From where we put the red arrow on the chart, the correction of Ethereum has started.
We are now close to the discount range of the previous wave.
The movement momentum of Ethereum has decreased. We have a good range for Rebuy. From the range of the yellow circle, we expect an upward price rejection.
The targets are listed on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Getting Ready for a Strong Bull Market in ETHBTC!🚀 The pair seems to have bottomed out, and the arguments are increasingly favorable for an upward movement: 88.89% Bullish vs. 11.11% Bearish.
Bullish Arguments:
Monthly Bullish FVA
Monthly Discount Array
Weekly swing low being disrespected
Daily swing low being disrespected
Daily Bullish FVG respected
Daily swing high being disrespected
4H swing high being disrespected
4H swing low being disrespected
Bearish Argument:
Monthly PCL being respected so far.
🔍 We are on the verge of a bull market. Remember to manage your risk and be masters of your emotions! Don’t hesitate to take profits and, most importantly, learn from your mistakes and successes.
Let’s go for it! 💪
(ETH) ethereum "donchian channels - pattern"See the pattern. It's easiest to see on the ETH Kraken USD. There is a 20 day pattern found. There is donchian channels pattern currently going on. The ending of the pattern is on the 25th. Will the price go up towards the 25th and dramatically fall given the current movement of Ethereum? I also noticed there is news concerning IOTX with an event happening on the 25th of september concurrently. Interesting.
The Sleeping Giant Gearing Up for Its Next MoveEthereum, often said to be the destined "Nasdaq of Blockchains", has been quietly preparing for its next big move.
Known for snoozing until it catches up, Ethereum is now front and center with the recent approval of an Ethereum ETF. This development adds yet another pillar of strength to its already powerful ecosystem, making Ethereum’s rise inevitable.
WHOEVER CROSSES OUT ETHEREUM IS GRAVELY MISTAKEN.
While Solana and other competitors are trying to close the gap, Ethereum holds undeniable advantages that make it the leader in blockchain security and decentralization. Crypto is all about safety, and Ethereum’s proven resilience and robust infrastructure offer just that.
💡 Ethereum vs Solana:
Security: Ethereum’s Proof of Stake (PoS) is more battle-tested than Solana’s hybrid model, offering greater decentralization.
Developer Network: Ethereum has the largest development ecosystem, meaning quicker solutions, better scalability, and broader dApp integration.
DeFi and NFTs: Ethereum dominates both DeFi and NFT markets, further cementing its role as the go-to blockchain for real-world utility.
Solana may be faster, but it has faced network issues, while Ethereum’s network remains consistently more secure and widely adopted. Whoever bets against Ethereum is missing the big picture.
📊 Technical Outlook:
Support: $1,180
Resistance: $4,881 (mid-term), $6,443 (Primary Target)
Ethereum is currently consolidating near support, but a move toward $6,443 could be in the cards as we see broader adoption and the ETF driving institutional investment.
🔥 Why Now is the Time to Buy: With Ethereum ETF approval, mainstream adoption is likely to surge, making Ethereum an even stronger bet in the crypto space. If Ethereum’s rise itself doesn’t excite you, the fact that Ethereum-built projects like CRGPT are also poised for success gives investors multiple ways to benefit from the blockchain’s growing power.
⚠️ Final Thoughts:
Ethereum is the backbone of decentralized applications and smart contracts. Its growing importance in the crypto space means investors who get in now could see massive returns. Don’t sleep on Ethereum—it may snooze, but when it wakes, it surges. Combine that with Ethereum-based projects like CRGPT, and you’ve got a powerful investment strategy in the making.
🚀 Next Stop: $6,443 and Beyond
🔮 The future is bright for Ethereum and the Ethereum ecosystem, and you can be part of it.
10,364$ would be the price of Ethereum when in the future it meets today's Bitcoin marketcap. (when and if but to me is just a matter of 'when'!)
One Love,
The FXPROFESSOR 💙
Such a rise still feels boring for you?
Consider AI-powered project built and quoted on Ethereum like CRGPT
CryptoGPT: Unleashing AI in Crypto Trading CryptoGPT is gearing up for the release of its revolutionary Global Platform of Trading (GPT) , offering a unique opportunity for early investors to benefit from a market cap of just $350K, with $35M—a potential 100x return- seem like a reasonable first target for an AI project so well purposed for Crypto trading.
Ethereum & CRGPT:
As CRGPT is quoted on Ethereum, the potential rise of Ethereum could fuel AI gains.
Ethereum's strong network and ecosystem, backed by a fresh ETF approval mean investors can benefit from both Ethereum’s climb and CRGPT’s rapid expansion. At this stage both ETH and CRGPT seem like a potential bargain.
This could be an ideal moment to consider buying Ethereum and leveraging it within one of the most promising AI + Crypto projects on the market.
Key Milestones & Vision:
AI-Driven Trading: Seamless integration with exchanges like Binance as well as Metamask
New Team & Enhanced Vision: After overcoming early challenges, a revitalized team is pushing the project forward.
Platform Launch Imminent: Backed by cutting-edge AI to scale the trading experience.
Low Market Cap
At this low market cap, CRGPT seems massively undervalued. As the platform launches, the deflationary tokenomics (buyback & burn) will decrease supply and increase demand, pushing up token value. Trading is rewarded in this ecosystem and holding CRGPT unlocks AI tools for trading into the new age.
🌟 Why CRGPT is Set to Thrive:
Deflationary Model: Token burn will reduce supply while demand surges.
Real-World Utility: Premium features, rewards, and AI-driven tools.
My personal $35M first Target: A highly achievable milestone, which means 100x potential for early adopters.
Before the Platform and new website Launch:
The rise of Ethereum combined with CRGPT’s launch makes this potential a perfect time to enter the market, with upside potential from both, a new AI platform and website coming up and knowing the previous success of the price reaching almost 2$ ATHs.
To all who believe in AI, blockchain, and the next wave of crypto innovation, this could be our moment to make the best out of a promising AI project built on Ethereum.
One Love,
The FXPROFESSOR 💙
Bitcoin Weekly Analysis : Bullish Move Ahead? (READ THE CAPTION)By analyzing the Bitcoin chart on the weekly timeframe, we can see that, based on the previous analysis, Bitcoin did not stabilize below the $57,870 level. After a short-term corrective wave, it was once again met with strong demand. Last night, following the announcement of a half-percent interest rate cut by the Federal Reserve, this cryptocurrency saw even more demand and managed to rise to $62,500. Now, we have to see if the price can break above $65,000 by the end of this weekly candle. It’s likely that Bitcoin and other altcoins will soon begin their main bullish wave, with Bitcoin's potential target in the mid-term being $80,000.
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
ETH 2317 Long. The coin came to the upper levelEntry Level: Monitor ETH at the current level of 2306.52. Add it to your watchlist and look for a familiar trading pattern or entry signal.
Targets:
1st Target: 2396
2nd Target: 2565
Leverage: Use a leverage range of 20-50X for this trade.
Stop Short: This suggests having a plan for exiting the position, especially if the price action doesn't move as expected.
Make sure to manage risk carefully, especially with high leverage, and adjust your stop-loss according to your risk tolerance. Happy trading, and keep an eye on the market movements!
$AVAX TO THE MOON!!! We are currently in the Beginning of the Bull Market for all Crypto Coins.
You will start to see 5% to 20% gains on all coins going into October.
Keep your stop losses tight as well as moving up your stop loss 10 to 15 pips.
Good luck guys and enjoy the next 12 months of the Bull run on Crypto!!!
@OfficialPapaRico
ETH Extreme Weakness - A Warning SignSince my last update on this chart, Ethereum has broken its long term uptrend and dropped almost 40% in value. This was back in May of this year:
Zoomed out, you can see the failed long term trendline. Obviously, a break back above it would be a bullish sign, but there's a long way to go, as it's currently around $4,000.
Right now, it rests on its 200 and 100 weekly moving averages (teal and yellow on my chart). There really isn't much support below here at all until previous bear market lows, near $1,000. In contrast, Bitcoin has a long way to fall before arriving in the same position. This is not unlike the previous cycle, where ETH bled significantly on its ratio against Bitcoin. For crypto bulls, this may be a good sign. However, there is still plenty to fall on the ETH/BTC ratio after making a macro lower high:
There is no support on the ETH/BTC chart until lows not seen since 2020. It doesn't bode well for the #2 cryptocurrency, as it was unable to make a new high against Bitcoin. This means it is unlikely to outperform again on longer timeframes. This isn't a great look either, given the new ETH ETF's. I have no intention of buying ETH again, after making significant profit from 2018-2021 (buying around $100 and selling near $3,000). Can't complain about those gains at all, especially as its price hasn't managed to really hold above that price point this time around. On the bullish side (in the short term) if price continues to hold here, there could be a corrective wave up towards the 50 week MA near $2,800 (red).
As for Bitcoin itself, the 200 week MA is a little below $40k at present. Let's see if price can break down from the current support at the 50 week MA (red). If support continues to be held here, it is likely to hold for ETH as well.
Now, what about this rate cut tomorrow from the U.S. Federal Reserve? Given retail sales and the apparent strength of the economy, it seems fairly likely that 25 bps will be the decision. Now, investors and other market participants are quire wary of other economic data, which could easily signify a recession. Markets have been volatile in recent weeks. The Fed must tread carefully. If they cut by 50, it could signal to investors that they tightened too far, and are taking greater steps to curtail a recession. This might spook the market. My guess is that even with the 25 expected bps, the market will have the same lackluster reaction, particularly as it's not a meaningful rate reduction. Either way, I don't think the market will be pleasantly surprised enough to cause a significant bump up, essentially making tomorrow a "sell the news" event.
We'll see though! Perhaps it really is that simple: rate cuts=more liquidity for a pump.
This is meant for speculation only! Thanks for reading.
-Victor Cobra