Ethereum 20% correction aheadA short term analysis for the days ahead. After a 40% rise price action on the above 5hr chart breaks price action and RSI support. A back test of the 2730 to confirm past resistance as support seem highly probable. Ww Shortby without_worriesUpdated 464645
When’s Ether’s chance to shine?Ether and various other major altcoins have followed bitcoin’s recent move up to differing degrees. Positivity comes from futures, likely crypto-friendliness from the incoming American government and the prospect of looser monetary policy in the USA, while important unique factors in favour of Ether particularly include a much lower price than bitcoin and a large distance remaining before the previous all-time high. The next likely strong resistance is the area of July’s highs around $3,500. Overbought isn’t usually a key factor for a cryptocurrency under these conditions of strongly positive sentiment, but there hasn’t been such a visible jump in volume for Ether compared to bitcoin. The 200 SMA has been decisively broken for now as a dynamic resistance and might flip to being a dynamic support instead, being only slightly below the psychological area of $3,000, so for some new buyers Ether seems more appealing because finding a decent stop looks a lot easier compared to bitcoin. However, many of the same caveats for buyers apply here as with bitcoin: sentiment can change very quickly and higher liquidity can make downward as well as upward movements faster and less predictable. This is my personal opinion which does not represent the opinion of Exness. This is not a recommendation to trade.by Michael_Stark_Exness0
Ethereum might go this way Ether has completed third wave and heading towards wave 4. The last drop is at $3000 where the wave 4 ends. wait and see for any confirmation at $3000. by sanv-TPD1111
Crypto power move or drop? ETH's next big decisionEthereum prices have formed a descending triangle pattern and are currently overbought, similar to Bitcoin. At the same time, both could move higher in the long term—mainly if Trump follows through on his promises to make the US a crypto powerhouse—the short-term outlook for Ethereum is complex—critical level to watch: $3,100. If the price remains above this level, the price will move toward $3,442 and beyond. However, if Ethereum breaches $3,100 to the downside, it may activate the descending triangle pattern, possibly dropping by $327 to reach $2,780. Will we break to the upside or downside? Share your thoughts in the comments. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.Longby ThinkMarkets2211
ETH/USDThe price made a strong move with a short delay after bitcoin and is also showing signs of a bullish momentum starting...For traders its best to wait for right confirmations and trade off of important levels and for investors its probably best to actually just put money in now when its still at a so so low price... but dont be fooled because there is also a chance that people are getting hyped now that the price of btc jumped but that doesnt mean its going for 100k right away! Be carefull and trade by your rules even in these times of pumps and dumps and so on :)by EliteFxAcademy_CRYPTO9
ETHUSD Back to retest the lower highs trend line Exciting times in crypto as we speak! ETH/USD is retesting the lower highs trendline during this dip. Today’s close should give us a better idea of where prices are headed. Thanks for reading, and make the moves that feel right—or the moves that bring you profits! by vagada1
Ethereum (ETH)Ethereum—some call it the silver of cryptocurrencies; obviously, Bitcoin is the gold. Anyway, continuing from the last ETH analysis, ETH is still moving in a wide ascending channel. Currently, ETH is oscillating in a triangle pattern that is sloped slightly upward. At the same time, there is a horizontal resistance/support area that acts like a magnet. Also, the channel's middle line is important for deciding upward or downward movement. Let's see which way ETH breaks this triangle pattern.by SaeedSalehiniaUpdated 119
ETH to $5000ETH looks bullish, it might just shoot up the moment BTC calms down, now it's silently going under everyone's radar while everyone is focused on BTC. Everyone saying Sol, Sui other nonsense will change ETH. This the most clear entry signal. ETH ATH coming soon. INDICATOR USED - 'MONEY PRINTER' my own fresh creation.Longby Achilly2
eth long idea fib correlation with support and target areas breakout of descending channel, target fib 61.80 by rjabmc2
Ethereum to $15,000 by 2025Ethereum is in the verge to give a triangle breakout. CMP:3300$ 2025 is the year of ALT COINS and Ethereum will at least 5x from here! Most of the dead alt coins will rise from its grave next year, make sure to book profits periodically and try not to get greedy This is not Financial advice. I’m just a guy who is pursuing CA Final. Make sure to drop a comment if you agree or disagree. Longby Squishy_Tomato3312
Bullpennant on 3month logchart for ETH has outlandish targetsIf we went just by the triangle portion of the pennant breakout target, that can take ethereum to 20k. This is potentially a possible target that can be hit during the current bullrun, the second higher target in the 200 thousands is for the entire pennants breakout target. Seems way less likely we can hit that target this bull run but is perhaps not improbable to reach by the bull run after this. Then again, if PlanB’s scenario for bitcoin to somehow reach a million before 2026 actually somehow came to fruition, then the full target of this pennant being reached this bull run would suddenly have some slight probability of happening. You can see here on this chart that to get to Ethereum’s current all time high we basically broke upward from a pennant prior to the current one we are in and the breakout target for that pennant’s triangle portion was just slightly lower than eth’s current all time high. The current pennant’s 20k target for it’s triangle portion only is actually very close to the previous pennant’s full pennant target…so essentially by reaching the current pennants triangle breakout target this bull run we would reach the full target of the the previous pennant breakout from last bull run, making it take 2 bull runs to reach the full target of the previous pennant. This makes me believe in order to reach the full 200k+ target of the current pennant we are in it will likely not occur until the next bull market after the current one. However if PlanB’s million dollar bitcoin before 2026 scenario were to actually play out that would be the one condition where we could see the current pennant reach its target in the current bull run. I know it sounds outlandish and highly unlikely so for now I’ll put that at a very low probability, but a low probability is still better than an impossibility. *not financial advice*by DrDovetail2
THE NEXT CRYPTO TO MOVE BIG: ETHEREUM - 80% MOVE INBOUNDTHE NEXT CRYPTO TO MOVE BIG: CRYPTOCAP:ETH BITSTAMP:ETHUSD Did you miss out on the Bitcoin move? That's okay. Get into this laggard as they haven't moved big...yet! #Ethereum In this video analysis, we will go over: 1⃣ My #HIGHFIVESETUP 2⃣ BULL FLAG BREAKOUT 3⃣ Trade idea 4⃣ ... NFA CRYPTOCAP:BTC #bitcoin Long04:51by RonnieV29Updated 3316
EhereumETHUSD ( Ethereum / U.S Dollar ) Falling Wedge as an Corrective Pattern in Short Time Frame Break of Structure RSI - Divergence Demand Zone Completed " 12345 " Impulsive Wavesby ForexDetective7
ETH ChartHey hey, As promised on other platforms, I would share some crypto charts here. ETH has been lagging behind massively, and sits in some supply now. The ATH is not even in sight and price is not close to the 2024 high either. While price is battling $3400. Break this, and 2024 highs are next. The largest obstacle remains the supply zones at $4300. I believe in more upside towards $7000, but need to see price-action when we reach the large obstacle and current ATH zone of $4300. Let's see if the daily chart creates a higher low this week. Kind regards, Maxby newcapitalfx4
Don't let a few red Candles shake you out of you #CRYPTOpositions. You should have had plenty of time to accumulate bluechip #ALTS and #ETHEREUM Red candles are a blessing this year, if your still positioning yourself for the next Bull run We will swing wildly between Hope and Despair on the #WallSt cheat llst Yet the path remains up. Remember #ETH was sub $900 last June Maybe the doubters will change their mind after a Triple :)Longby BallaJiUpdated 114
Ethereum (#ETH_USDT) Daily Chart Update#Ethereum (#ETH_USDT) Daily Chart Update Ethereum has recently displayed a bearish pullback after testing the key resistance level at $3,319.38. The price initially broke above the previous resistance at $2,790.99, which may now act as a new support level. Key Levels to Watch: Resistance 2: $3,319.38 Resistance 1 (Potential Support): $2,790.99 Lower Support Zone: The red area around $2,400 If ETH holds above Resistance 1 and shows a bullish daily close, it may signal the continuation of the recent uptrend, possibly leading to a renewed rally. However, a break below this level could indicate further consolidation or a potential retest of the lower support zone. Traders should monitor price action around Resistance 1 for confirmation of the next move. #Ethereum by SahilTrader515
bullish for etheriumWe have strong support for etherium here and the next target is 5k do just prepare your accounts for 5k target that a good level for to achieve in 2024 for etherium.Longby MisterProfessor3
Etherium is ready to retrace ????Etherium is ready to retrace ???? Targets are mentioned in the chart GK trade ManthanShortby GKTrademanthan2
ETHER - Bullish Move Expected ETHER is Bullish on long term however Wave 1 is exhausted and a retracement to 50-61.8% Fib level is required to complete Wave 2 which should provide a potential buying opportunity. We need to be mindful of strong dollar and end of year profit taking as the Wave 3 may take time to load. A break below the entry zone may void this analysis so please be watchful. The "Risk !" label indicates zones where price reversal is possible. The higher the risk level (e.g., Risk !!!), the greater the likelihood of a potential reversal. For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management. If you found this analysis helpful, please consider boosting and following for more updates. Disclaimer: This content is for educational purposes only and should not be considered financial advice.Longby MarketsPOV6
HolderStat | whales are withdrawing BTC from exchanges📊 According to Glassnode analytical service, whales have been actively withdrawing BTC from exchanges for a week. 💡 Such behavior of large wallets may mean expectations of further market movement before the beginning of liquidity overflow from BTC to altcoins.by HolderStat2
eth time basedtargets based on time from peaks. yada yada yada yada yada yada yada yada yada yada yada yada yada yada yada yada yada yadaby jonto223
Nov.05-Nov.11(ETH)Weekly market recapLast week, Trump defeated Democratic candidate Harris on Wednesday to win the 2024 U.S. presidential election, following his promises of several supportive cryptocurrency initiatives that are expected to materialize. These include the dismissal of the Chair of the U.S. Securities and Exchange Commission (SEC), the establishment of a strategic BTC reserve to hold digital currencies obtained from assets seized from financial criminals by the federal government, and the promotion of the U.S. BTC mining industry, with the hope that the remaining global BTC will be mined in the United States. Currently, the U.S. is in a rate-cutting cycle, with a reduction already implemented on November 8, and another expected this year. As long as the CPI data on November 13 does not exceed expectations, the likelihood of further rate cuts is significant. Last week, there was a substantial net inflow into ETH ETFs, indicating that following Trump's victory, the favorable monetary policy has sparked optimism and speculative behavior among investors, leading to a significant influx of capital into the cryptocurrency market. Given the current landscape, the cryptocurrency-friendly regulatory environment, the substantial inflow of funds into ETH ETFs, and the macroeconomic benefits of the Federal Reserve's rate cuts are all catalysts for ETH's rise last week and its potential future increases. Under the leadership of BTC, ETH exhibited a one-sided upward trend last week, with the increase nearly compensating for the decline experienced since July of this year. The WTA indicator has shown blue bars, indicative of whale activity, suggesting significant capital inflow. Meanwhile, the orange wave area of the ME indicator is rapidly tightening, signaling a weakening of bearish sentiment. In summary, we anticipate that ETH may rise this week, although caution is warranted regarding potential pullbacks. We have adjusted the resistance level to 3400 and the support level to 3000. 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.Longby Sypool3
ETH Elliott Wave Counts - Short term bearish till 3100/3000COINBASE:ETHUSD has moved down from today's all all time in clean wave structure. Wave A or 1 down is complete and is followed by wave B or 2. This corrective wave is in progress and once done, wave C or 3 down may unfold which should go below 3100 as per wave A/1 equality as long as wave B/2 high of 3317.45 holds. Shortby YetAnotherTA2