Potential Long on ETHUSDTBINANCE:ETHUSDT breaks out of the H4 resistance @3643.71 area. A rejection of same zone upon retest will signify a good entry for a long position. Immediate targets will be at 4071 and the all time high @4857.68. This does not mean there may not be some deeper pull back, I will however be looking to buy the dips. A rejection of the previous resistance forming a new support will be my starting point
Ethusdtrade
📈Quick Ethereum Long Setup / 49Min (Updates soon)📉BINANCE:ETHUSDT
COINBASE:ETHUSD
Hello traders.
Ethereum has a bullish guard above the current support.
Volume management and a risk-free strategy are very important in this setup.
Bollinger band midline movement can help you manage your risk.
The divergence of the indicators is shown in the chart.
#ETHUSDT: Looking for a continuous bullish move up until $4500.BINANCE:ETHUSDT Price had left strong wick rejection and has show some strong bullish behaviour since last two days. We expecting ETH to hit a new record high which would be between $4500-$5000 which will be our final target before ETH make any major correction, use accurate risk management.
There are two scenarios that can happen with ETH, if price decide to make any major correction before hitting 4500$ then the idea will be invalidated and we will update you all. Take this idea as secondary bias and always protect your capital.
good luck and trade safe.
Do you believe that Ethereum - 1 ETH can cost $28k ?Here is our global vision of possible the Ethereum price movement in the coming years.
On the chart, assumptions according to the Elliot wave analysis
The current wave of growth is probably not over yet. But whether it will reach $3000 or $4800, we will be able to adjust it based on the move dynamics of the ETH price in the future.
Then will be the correction, which will need to be calculated more accurately based on the maximum of the current growth wave, will be made. But roughly speaking, in 2024, the ETHUSD price should no longer fall below $2000-2500.
Years have passed, and now we can say with certainty that Ethereum has the status of a stable "silver" in the crypto market. (all direct competitors from 2015-2017, such as LTC, DASH, BCH, etc. who were predicted to have this status in certain periods, have clearly deflated and failed to meet the expectations of crypto users)
Therefore, it is no longer correct to dream of super growth for the price of ETHUSDT, but modest x10-x15 for a possible future 2-year growth cycle, why not?)
What do you think about this wave analysis and are you ready to hold and sell your ETH in the range of $27000-28000 ?) Write in the comments
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ETHUSDT: Next Big Swing Buying Opportunity! Price has been extreme bullish since last month, suggesting price to keep strong bullish momentum in upcoming days and month. March is known to be bullish month where many speculated ETH going to hit $5000 mark by end of the march. We think price will do minor correction towards $3100 to $2800 marked area region where price can bounce sharply towards $5000 target area.
Like and comment if you like our work!
TA | ETH - Local perspectiveAt the moment we see a pattern forming on the 4H chart of $INDEX:ETHUSD.
If the price consolidates below $2 873, the potential targets for the price movement will be $2 787 and $2 724.
If the price consolidates above $3 037, the potential price targets will be $3 395 and $3 589.
Ethereum: HISTORICAL CYCLES 📈Regarding Ethereum's historical data: -
In the first cycle, after the all-time low (ATL),
CRYPTOCAP:ETH BITSTAMP:ETHUSD BINANCE:ETHUSDT
took 777 days to surpass its previous all-time high (ATH).
- If history repeats itself, a new ATH could potentially be reached around 700 days from today, possibly by July 2024.
- The last bull run lasted around 1071 days. - This time, it is expected to last between 1071 to 1064 days of a bull market.
First cycle: 777 days from ATL to surpass previous ATH.
- If history repeats, new ATH around July 2024 (700 days from now).
Last bull run: 1071 days long.
Expected current bull run: 1064–1071 days.
Based on fractal analysis and chart data, it is anticipated that Ethereum will reach its next bull market peak in May to June 2025.
#Crypto
#ETH: UPDATE
Ethereum is currently encountering a crucial price range between $2370 and $2400, with the lower trendline of this range serving as a formidable resistance. Presently, Ethereum is experiencing rejection at this level, indicating a significant challenge for bullish momentum.
For the bulls to gain control and initiate an upward trend, it is essential for Ethereum's price to break through the resistance presented by the $2370 to $2400 range. If successful, this could signal a positive shift in market sentiment.
However, should the prevailing bearish pressure persist, there is a likelihood that Ethereum may face rejection and decline towards the lower support level. Traders and investors are advised to stay informed and monitor the market closely for updates on the evolving situation. I will provide further updates as the scenario unfolds.
Ethereum Analysis and Strategies for Altcoin Investors"Ethereum Analysis:
In terms of the overall outlook, there are indications that suggest a potential cause for concern regarding short-term performance in altcoins.
To assess the current situation, it's crucial to keep an eye on the 50-day Moving Average (MA) on the daily chart. Despite the need for caution, Ethereum is presently trading above this MA. This suggests the possibility of a reentry opportunity if the MA holds as a deviation.
Over the past few months, altcoins have witnessed a substantial rally. In light of this, it might be prudent to consider taking some profits off the table. Holding these profits in Bitcoin (BTC) and USDT could offer a more stable position amidst potential market fluctuations.
However, it's essential to emphasize that this analysis is not financial advice. It's crucial for investors to conduct their own research (DYOR) and make informed decisions based on their individual risk tolerance and market understanding.
ETH/USDT Long SetupETH/USDT
Entry: 2100-2134
Take Profit: 2300-2350
Stop Loss: 2019
Risk to reward: 1:2
Technical Thesis:
We observe a local support for Ethereum at $2,210 and a significant support area at $2,134. The price is anticipated to undergo testing at these levels shortly, making $2,134 an attractive buying opportunity for ETH.
ETHUSDT: 2600$ is our next target! Dear Traders,
In our previous two chart analysis we had clearly mentioned that price will touch the $2450 range before it drops and price did exactly that now we are eyeing at $2600 price region. Price currently moving strange, better to wait until we see some stable price movement.
Any questions please comment down.
ETHUSDT: 2450$ next possible target! Hey everyone,
Hope you are doing great, we have an update on ethusdt, price currently in ab=cd pattern in making, we are expecting a strong bullish impulse to occur within this week. Need some bullish price momentum to give enough boost to the price to attract buyers.
Like and comment if you agree with our idea!
ETHUSDT: 2450$ is still possible! Dear Traders,
Ethusdt still has potential of hitting $2450 price region, currently price has break -through the consolidated area and then price distributed successfully. Yesterday and today price did not move much due to public holidays and major markets are closed. We expect price to distribute successfully tomorrow.
Good luck and trade safe!
Eth Is Strong Here ETH/USDT is showing promising signs. It looks like it's gearing up for a bullish move, and I anticipate the price to increase by 15-30% in the coming days. However, it's important to note that this is not financial advice, so please do your own research (DYOR) before making any decisions.
"Ethereum Price Analysis: Breakout, Daily Trends, and HistoricaIn the weekly time frame, Ethereum broke out of this horizontal resistance, resembling the pattern observed in the last bull run. Following this breakout, a retest similar to the previous bull run is anticipated.
In the daily time frame:
- Ethereum faced rejection at the $2400 level.
- The $1800 to $2000 range is identified as a support level, also representing the 0.382 level of Fibonacci retracement.
- In my opinion, the optimal entry point for Ethereum is within the $1750-$2000 range.
Regarding Ethereum's historical data:
- In the first cycle, after the all-time low (ATL), CRYPTOCAP:ETH took 777 days to surpass its previous all-time high (ATH).
- If history repeats itself, a new ATH could potentially be reached around 700 days from today, possibly by July 2024.
- The last bull run lasted around 1071 days.
- This time, it is expected to last between 1071 to 1064 days of a bull market.
Based on fractal analysis and chart data, it is anticipated that Ethereum will reach its next bull market peak in May to June 2025.
#ETHUSDT: Next target 2800$ Happy Weekends Everyone,
BINANCE:ETHUSDT we have got two scenarios with this crypto pair first one is where price continue the bullish trend up to $2800 and the second scenario where we expect price to drop around $2100 region where we can price yet to fill the liquidity void area. However, looking at the current market sentiment we do not think that price can drop to that area as sellers volume is very low at the moment.
Good luck and trade safe ;)
ETH target 20004h time frame
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ETH hit the resistance from downtrend line which is the top of a falling channel. ETH stays longer than previous times it reached this downtrend line, this is a sign shows comparable strong information. Therefore, ETH has high possibility to break out this channel, and we can have higher target like 2000 and 2200 if break above the structure. Also, ETH get a support at 0.618 Fibonacci Projection and keep consolidating, this is clear for setting SL.
TP: 1880 / 2000 / 2200
SL: 1735
ETH final target 18504h time frame
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ETH is creating a falling wedge since 17th April, and just got bounce from wedge bottom at 1520
Assuming ETH is keeping satisfying this structure, then we can set target at wedge top around 1850. Also, 1850 is the 0.382 Fibonacci Projection, which is the PRZ and have possibility to bring ETH down to 1300. Therefore, we can set a trading plan here.
TP: 1680 / 1750 / 1850
SL: 1540