Ethereum x SolanaThe pattern formed on the CRYPTOCAP:SOL daily chart is being loaded for CRYPTOCAP:ETH 📈
ETHUSD.P trade ideas
Algorithmic vs. Quantitative Trading: Which Path Should You TakeI’ve always wondered why anyone would stick to traditional trading methods when algorithms and mathematical models could do all the heavy lifting.
I started questioning everything:
• Why do so many mentors still swear by discretionary trading when algorithms could handle all the heavy lifting?
• Do they really have solid proof of their “own” success, or is it just talk?
• Or are they keeping things complex and discretionary on purpose, to confuse people and keep them as members longer?
• Why deal with the stress of emotions and decisions when an algorithm can take care of it all?
• Imagine how much further ahead you could be if you stopped wasting time on manual trades and instead focused on market research and developing your own models.
When I first got into trading, I thought Algorithmic Trading and Quantitative Trading were basically the same thing. But as I dug deeper, I realized they’re two completely different worlds.
Algorithmic Trading: It’s simple – you set the rules and the algorithm executes the trades. No more sitting in front of the screen “controlling your emotions” and trying to manage every little detail. Instead, you let the algorithm handle it, based on the rules you’ve set. It frees up your time to focus on other things rather than staring at price charts all day.
But here’s the thing – it’s not perfect. You’ll still need to test the rules to make sure the data and results you’re getting aren’t overfitted or just random.
Quantitative Trading: A whole different level. It’s not just about executing trades; it’s about understanding the data and math behind market movements. You analyze historical price, economic, and political data, using math and machine learning to predict the future. But it can be complex – techniques like Deep Learning can turn it into a serious challenge.
The upside? This is the most reliable way to trade, and it’s exactly what over 80% of hedge funds do. They rely on quant models to minimize risk and to outperform the market.
So, which path should you choose?
Quantitative Trading can feel overwhelming at first, I recommend starting with the basics. Begin with Pine Script coding in TradingView—start building a foundation with simple strategies and indicators. As you grow more confident, start coding your own ideas into rules and refining your approach to eventually automated your trading strategy.
TradingView is a great tool for this, and I’d highly suggest grabbing the Premium plan. This will give you access to more data and features to make your learning journey smoother.
Dive into the Pine Script documentation , and begin bringing your ideas to life.
I promise, the more you focus on this, the better and more independent you’ll become in trading.
Every day, aim to get just 1% better.
To Your success,
Moein
ETH around resistanceOn the weekly chart, you can easily identify what is happening now. Ethereum has just hit a significant resistance zone (Value Area Low of the wider range + anchored VWAP from August 2023). I have outlined both scenarios that could occur now and the targets for both directions.
Ethereum - Looking To Buy Pullbacks In The Short TermH1 - Bullish trend pattern
Currently it looks like a pullback is happening
Until the strong support zone holds my short term view remains bullish.
Ethereum Breaks Range Resistance: Bullish Rally Incoming..?Ethereum has recently broken free from its range-bound trading pattern, a significant development that indicates potential upward momentum. The current focus is on sustaining this price movement above the established range, which could signal a shift in market sentiment. If this upward trend continues, the first target for Ethereum's price is projected to be around $3,540. This target level could serve as a pivotal point, influencing traders' decisions and market dynamics in the days to come.
Altcoins season !ETH has been consolidating within the 2,300 to 2,900 range since August 2024.
Yesterday, it saw a strong bullish rebound in the 2,300 - 2,500 area.
We’re now looking for a decisive breakout above the 2,800 - 2,900 range. Should ETH break and hold above this level, we anticipate it could spark upward movement in other altcoins too.
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 long view +2700Ethereum on the verge of returning above the $2700 level. We also expect to see the formation of a new October high, with a target of $2800.
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)
Ethereum is about to surge- update on this analysis:
- monthly timeframe is incredibly clear: bears spent 4 months trying to take ETH down but monthly kumo held as rock solid support each and every time
- with buyers showing their conviction, it is now time to test the short sellers
- targets north of 3.5k likely
ETH: Short Term Market Analysis for 11/06/24This is my personal opinion and is intended for educational purposes only. Please consult your financial advisor before making any decisions.
Time frame: 15min
The market's rising wedge formation remains intact. Following the successful absorption of the 2660-2666 order block, focus shifts to the monthly Point of Control (POC) at 2620.0. A breach of this level may trigger a corrective decline to fill the underlying imbalance at 25700.Technical studies indicate elevated bearish divergence and overbought conditions, increasing the likelihood of near-term reversal.
ETH High Timeframe OutlookWe can only trade
what we can see.
We don't predict the future.
And we
don't have a crystal ball.
We can only take small
risks on a highly probable
outcome.
Follow for more trading insight.
Ethereum is up 8% today, closely following the trajectory laid o
www.tradingview.com
While many look to the election results for market direction, our subscribers already know that the answers are written in the stars 🌌. Osher’s Astro Live Chart has accurately predicted these movements, offering insights into what’s unfolding far beyond day-to-day news.
If you want to see what’s coming for Ethereum and other major markets until March 2025, consider joining Osher’s Astro Live Chart. Get real-time, astrological insights that guide you through the market’s ups and downs with foresight and clarity. 🌠✨
🔗 Check out Osher’s Astro Live Chart here: ecoscopia.net
ETHUSD Trade LogTrade Setup (2/11/2024) - ETH Short in 4H FVG
1. Setup: Enter a short position within the 4-hour Fair Value Gap (FVG), using this area as a potential resistance zone for a bearish move.
2. Entry strategy:
- Target: 1:2 RRR.
- Risk: 1% of account.
- Entry confirmation: Wait for the price to move into the 4H FVG and show bearish signals, such as a reversal pattern or rejection wick, before entering.
3. Stop-loss and take-profit:
- Place stop-loss above the upper boundary of the 4H FVG to protect against an unexpected breakout.
- Set take-profit at twice the stop-loss distance to achieve a 1:2 RRR.
4. Additional considerations:
- Monitor for market events or news that could impact ETH volatility.
- Ensure that price action aligns with bearish signals within the FVG for a higher probability of success.
ETHUSD Trade LogTrade Setup (2/11/2024) - ETH Short in 4H FVG
1. Setup: Enter a short position within the 4-hour Fair Value Gap (FVG), using this area as a potential resistance zone for a bearish move.
2. Entry strategy:
- Target: 1:2 RRR.
- Risk: 1% of account.
- Entry confirmation: Wait for the price to move into the 4H FVG and show bearish signals, such as a reversal pattern or rejection wick, before entering.
3. Stop-loss and take-profit:
- Place stop-loss above the upper boundary of the 4H FVG to protect against an unexpected breakout.
- Set take-profit at twice the stop-loss distance to achieve a 1:2 RRR.
4. Additional considerations:
- Monitor for market events or news that could impact ETH volatility.
- Ensure that price action aligns with bearish signals within the FVG for a higher probability of success.
Bitcoin hits new ATH; Ethereum its your turn Bitcoin hits the record ATH $75K
Ethereum hasn't hit ATH for awhile now but now its time to hit ATH;
Target to hit is $5,000 then lastly $6,000.
Congrats to trump won the election
$eth starting slow but will finish strongconfluence this cycle is eth is lagging CRYPTOCAP:SOL and CRYPTOCAP:BTC which is not good for this chain.
as a dominant player it will still run for now. but im not holding much eth spots as i have become a sol maxi.
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.
Road to $6KThe support is strong and it kept the same distance
Strong buy area where is at
Suggest buy at 2,435 area or before 2,440; those are the good buy zone;
Set stop loss at 2,420 or 2,415 just to be safe
Take profit at 6,000 maximum.
Or take profit at your own risk.
