ETH → Am I only one who see it bearish?hello guys...
as you can see the orange area worked like a resistance area and the price couldn't break it yet!
on the other hand, the internal trendline is so close to the price!
also, you can see the price moving below the descending channel!
all of these are bearish reasons! why is the price compressed here?! due to the bottom line of the ascending channel I suppose!
you can consider it bearish until the price breaks the internal trendline!
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ETHUSDT
Ethereum- Back to 4k, confirmation is needed thoughAfter breaking below the horizontal support level in the 3.2k zone two Saturdays ago, BITSTAMP:ETHUSD remained below this crucial level throughout last week.
However, after initially reversing upon touching 2850, Ethereum tested that level again and reversed once more on Friday, forming a prominent daily Pin Bar on our chart.
As of now, the price has returned to the resistance zone (the former support), and a break back above it would indicate a false breakout and the completion of the correction.
I am bullish on Ethereum and am inclined to buy on dips.
My target is a retest of the 4k mark.
ETH buy setupDue to the slowing of the drop slope, and a bullish CH on the chart and the creation of liquidity pools at the top of the chart, as well as the presence of IFC movements, it is expected that if the green range is maintained, ETH will move towards the targets.
The targets are clear on the chart.
Closing a daily candle above 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
HelenP. I Ethereum will make retest and then continue growHi folks today I'm prepared for you Ethereum analytics. A not long time ago price reached a resistance level, which coincided with the resistance zone, and soon broke it, after which continued to move up. In a short time later, ETH rose to the trend line and then turned around, after which price started to decline near this line. Ethereum soon declined to the 3310 level, and later broke it, after which price in a short time declined to the support zone, which coincided with the support level. Soon, the price rebounded up from this zone, making a fake breakout of the 2930 level, but later it turned around and started to decline. A short time later, ETH fell to the 2930 level again and some time traded near, after which, the price turned around and made impulse up, breaking the trend line, and just now it continues to rise. For my mind, Ethereum will make a retest of the trend line, after breaking and then continue to move up to the 3310 resistance level, which is my target. If you like my analytics you may support me with your like/comment ❤️
ETH/USDT presenting wonderful scenario? What Next👀💎 Paradisers, let’s explore the captivating movement of #ETHUSDT currently, it is raises probability of bullish continuation from the weekly low range at $2860.84. Although the price is trading above this range, this level remains crucial due to the presence of sound liquidity.
💎 Another intriguing scenario to consider is if #ETHEREUM fails to break the weekly low and drops below it. In such a case, our point of interest shifts to the lower bullish order block (OB) at $2606. There exists a high probability that the price will sustain momentum at this level and embark on a bullish move, potentially mitigating the impact of the bearish order block.
💎 Caution is advised, as CRYPTOCAP:ETH falling below this OB level could signal a shift toward a bearish trajectory. Stay vigilant and adapt to market movements! As always, remember to employ prudent trading strategies and implement proper stop-loss measures! Stay alert, monitor market movements, and eagerly anticipate further insights
MyCryptoParadise
iFeel the success🌴
ETHEREUM - Price can break resistance line and continue to growHi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊
Recently price started to trades in flat, where it in a short time rose to resistance level, which coincided with resistance area.
Then price made little correction and soon backed up to resistance area, but later declined to bottom part of flat.
ETH made an upward impulse to resistance line, and soon turned around, after which made fake breakout of $3590 level.
After this, price in a short time declined to $2950 support level, which coincided with support area and started to trades near.
But recently ETH bounced up to resistance line and now I think price can little fall and then rise to $3300, breaking resistance line.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
#ETH is holding the price above this 183 days long support!#ETH is currently staying above a support level that has held for 183 days, and the 100-day Simple Moving Average (SMA) is also acting as support.
As long as we remain above this support, things look positive for a potential bounce back up in price.
However, if the price falls below this level, we may see some corrections.
Keep an eye out for further updates.
DYOR, NFA
#Crypto CRYPTOCAP:ETH BINANCE:ETHUSDT BITSTAMP:ETHUSD
ETH : Following BTC, Elliot Correction Wave $2700📉Hi Traders, Investors and Speculators of Charts📈
ETH is currently following BTC along with the rest of the crypto market into a correction wave. By following Elliot Wave Theory, we can find a target for a potential bounce zone for the current corrective pattern.
Ideally, we'd want to see a successful bounce from the 50d moving averages here (green), but a wick towards the 100d (turquoise) will not be unusual:
Here are my thoughts on Ethereum from a MACRO outlook, for future potential targets:
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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CryptoCheck
BINANCE:ETHUSDT
📈🔥 ETH Trade Opportunity! 🔥📈📊 Analysis:
Daily Chart Support: Ethereum (ETH) is currently trading at a support level on the daily chart.
Entry Range: Consider entering the trade between $2,850 and $3,050.
Profit Targets: Aim for profits at $3,400 - $3,700 or $4,100 - $4,300 resistance levels.
Risk Management: Set a stop-loss just below $2,780 to manage potential losses.
📈 Trading Strategy:
Entry: Initiate a long position within the specified range of $2,850 - $3,050.
Targets: Take profits at identified resistance levels.
Risk Control: Implement the specified stop-loss to control downside risk.
🚨 Note: Keep a close eye on market conditions and adjust the strategy accordingly as the trade progresses! 📊🔍 #ETH #TradingOpportunity #CryptoAnalysis 🌟📈
ETHUSDTETHUSDT is in strong bearish trend.
As the market is consistently printing new LLs and LHs.
currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL.
What you guys think of this idea?
ETH 1D LONGI invite you to review ETH on a one-day interval. Let's start with the current rebound, as you can see the price has dropped to the first buying zone, and when BTC stays above the $60,000 level, we may see prices rebound in the coming weeks. Next, we have a defined purchasing level 2, and then another very strong zone for price fairization, but I do not expect such large drops.
The green color shows the ranges of levels that I expect in the next months of the bull market.
HelenP. I Ethereum can break trend line and continue to fallHi folks today I'm prepared for you Ethereum analytics. If we look at the chart, we can see how the price some time ago started to trades in consolidation, where the price in a short time declined to the resistance level, which coincided with the bottom part of the range with the resistance zone. After this movement, ETH some time traded near this level and then started to grow to the top part of the consolidation, and when the price reached it, Ethereum turned around and started to decline. In a short time, the price fell to the 3245 resistance level and soon broke it, thereby exiting from consolidation, but later price tried to rise higher and soon failed. Then ETH declined to the trend line, after which it started to move up and in a short time it rose to the resistance level again, but recently the price turned around and declined back. Just now, ETH continues to trades very close to the trend line and I expect that Ethereum will rebound from the trend line and then start to decline even lower this line, breaking it. That's why I set my target at the 2865 points. If you like my analytics you may support me with your like/comment ❤️
📈Ethereum Analysis: War Tensions and Technical Outlook⚠️🔍Today, we turn our attention to Ethereum (ETH), which has experienced a sharp decline following previous analysis due to escalating tensions between Israel and Iran. Short-term impacts of this potential conflict could lead to market downturns, necessitating a higher timeframe analysis for optimal long positions. However, historically, wars tend to drive up prices of valuable commodities like Bitcoin, gold, and silver.
⚡️Technically, Ethereum has reached a critical support zone between $2899 and $3004. Currently reacting to $3004, its response to a breakdown towards $2899 will be crucial. Hence, I've marked the range between $2899 and $3004 to highlight significant buy orders within this range.
✅In case of a breakdown, a target of $2600 becomes plausible for Ethereum. If short positions are opened on this breakdown and $2600 is reached, profit-taking could be considered.
📊Candle volume currently favors sellers, with red candles showing significant volume compared to green ones. Additionally, observing the RSI reveals a positive divergence activated after breaking the trigger at 49.66, suggesting potential upward movement. Conversely, for short trigger confirmation, a break below 34.26 in RSI could be significant.
📈Remember, in technical analysis, indicators should only serve as confirmation tools, with price action as the primary validation. For long positions, a break above $3244 serves as a good trigger, while for shorts, $3004 might provide an ideal entry point.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
Apr.9-Apr.15(ETH)Weekly market recapLet’s first have a look on the current U.S. macroeconomy. Last Wednesday, the U.S. Department of Labor released CPI data for March. While the predicted value was higher than the previous value, the actual value was higher than the predicted value. This also means that the CPI will be worse than expected in the first four months of 2024. BTC and US stocks fell. With Federal Reserve officials and Biden promising to cut interest rates in 2024, market sentiment calmed down and BTC turned higher. However, the interest rate cut promised by officials was quite different from the June rate cut expected by the market at the time, and there would still be adjustments in the future.
As we mentioned in the previous recap, BTC remains fluctuating at a high level and other tokens are gradually weakening. If BTC cannot refresh ATH, the market may face a significant correction. Over the weekend, Iran's raid on Israel became the trigger for bulls to collapse.
We believe that BTC has safe-haven characteristics, but when too many chips are piled up at a high level, the safe-haven properties will be diluted. Risks begin to be released.
And that might not be a bad thing. BTC is about to undergo its fourth halving this week, and from a long-term monetary policy perspective, the bullish trend has not been ruined. Yesterday many Hong Kong asset management companies received approval to issue BTC spot ETFs, which will once again consolidate liquidity.
ETH broke below the given resistance level last week and then rebounded to near the support level. Unlike BTC, ETH is more vulnerable without the liquidity support of spot ETFs. After the Dencun upgrade, ETH has almost no special benefits. A large amount of locked and staked ETH will increase volatility.
During the weekend's decline, ETH's trading volume increased significantly, and you can clearly see that it is above historical averages. Although on the WTA indicator, the blue columns representing whales has also appeared, the bears have been confirmed over the weekend. The ME indicator maintains a bullish trend but is narrowing significantly.
In summary, we believe that ETH may maintain its decline this week. We lower resistance to 3700 and support to 2800.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
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(ETHUSDT 1M chart)
The price is located near 0.5 (3097.94), falling below 3321.30.
If it fails to rise above 0.5 (3097.94), it is expected to fall to around 0.382 (2647.80).
If the price remains above the MS-Signal indicator, it is expected to eventually continue its upward trend.
(1W chart)
We need to check whether it can be supported and rise in the psychological volume profile area, that is, around 2621.99-3025.27.
The 3025.27 point is the HA-High indicator point on the 1W chart, so if it is supported and rises, I think there is a high possibility of renewing the high point.
In addition, if the price is maintained above the MS-Signal indicator, the upward trend is expected to continue, so the current price position can be said to fall into an important support and resistance zone.
(1D chart)
When the BW indicator is horizontal, you need to check whether it is supported near that point.
At this time, if the StochRSi indicator rises from the oversold range or becomes StochRSI > StochRSI EMA, then it is time to buy.
Since the 3025.27 and 3321.30 points correspond to the HA-High indicator points on the 1W and 1M charts, the important question is whether the price can be supported and rise in the 3025.27-3321.30 section.
The next period of volatility will be around April 26-29.
Accordingly, we will have to wait and see whether the price can be maintained above 3025.27.
If a new HA-Low indicator is created, it is important whether the HA-Low indicator can be supported and rise.
This is because the creation of the HA-Low indicator means that a low point has been formed.
Therefore, if it falls below the HA-Low indicator, it is likely to lead to a stepwise decline.
Conversely, if it is supported and rises by the HA-Low indicator, it will be a good buying zone.
Have a good time.
thank you
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched.
#BTCUSD 1M
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
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FTMUSDTFTH currency is expected to be supported by Barezgan market in the three downward steps due to the impact on the market value area and the emptying of smart money by banks and institutions.
This currency has both an educational point and a buying point
First step with high risk $0.0773
The second step with an average risk of $0.0553
The third step in the sweet buy zone is $0.0320
All these scenarios are possible if the $0.4405 figure is broken
ETH is in a loss phase againHello everyone, let's look at the 4H ETH to USDT chart, you can see how the price is moving in a downtrend channel, from which exiting at the bottom could result in a strong downward movement in the height of the channel itself.
Let's start by setting goals for the near future that we can include:
T1 = $3,327
T2 = $3,622
T3 = $4,104
AND
T4 = $4863 LONG TERM
Now let's move on to the stop-loss in case of further market declines:
SL1 = $2,903
SL2 = $2580
SL3 = $2166
AND
SL3 = $2166
Looking at the RSI and STOCH indicators, we can see that there is still room to continue the current recovery.
Ethereum (ETH/USD) Bullish Opportunity following Anti-Gartley Introduction:
In this technical analysis report, we will delve into the current market conditions of Ethereum (ETH/USD) and provide insights based on the formation of an Anti-Gartley Harmonic Pattern (XABCD). Our analysis aims to guide traders in making informed decisions regarding entry points, stop-loss levels, and potential profit targets.
Pattern Recognition:
ETH has exhibited the formation of an Anti-Gartley Harmonic Pattern (XABCD) on its price chart. This pattern suggests a bullish reversal is likely to occur, with point D serving as the anticipated starting point for an upward movement.
Key Levels:
- Entry: Near 3130
- Stop Loss: Near 2830
Analysis:
1. Entry Point (3130): Traders are advised to consider entry near the price level of 3130. This level aligns with the formation of the Anti-Gartley pattern and represents a strategic entry point for those anticipating a bullish movement.
2. Stop Loss (2830): To manage risk effectively, it is prudent to place a stop loss order near 2830. This level provides a buffer against potential adverse price movements and helps protect capital in the event of a reversal.
Profit Targets:
- TP-1 (3435): The first profit target is set at 3435. This level represents a significant resistance area where a partial profit-taking strategy may be considered.
- TP-2 (3700): The second profit target is identified at 3700, reflecting a higher resistance zone where further profit realization can be anticipated.
- TP-3 (3990): The final profit target is positioned at 3990, indicating a potential extended bullish move towards higher price levels.
Conclusion:
Based on the analysis of the Anti-Gartley Harmonic Pattern (XABCD) formation, Ethereum (ETH/USD) is poised for a bullish trajectory. Traders are advised to consider entry near 3130, with a stop loss at 2830, and profit targets at 3435, 3700, and 3990 respectively. As with any trading strategy, risk management remains paramount, and traders should adjust their positions accordingly based on market dynamics.
This analysis serves as a guide for traders seeking to capitalize on the potential bullish movement in Ethereum. It is essential to conduct thorough due diligence and monitor market conditions closely to optimize trading outcomes.