ETH - BUY SETUP (OCT 2024)ETH - BUY SETUP (OCT 2024) The technical analysis suggests this coin offers a good buying opportunity, with price action and indicators showing positive trends. However, consider crypto market volatility and manage risk before investing.Longby Ehsan_1307Updated 2
Ethereum: Bullish Targets of $10K to $15KETHUSDT Technical Anlaqysi update Ethereum has been consolidating within a symmetrical triangle for approximately 1,500 days. This long-term pattern has seen the price consistently oscillate between support and resistance levels, gradually narrowing. Currently, ETH is rebounding off the triangle's support trendline and appears to be approaching the resistance level, suggesting the possibility of a breakout. If CRYPTOCAP:ETH manages to break above this resistance, a strong bullish move could ensue, with potential targets around the $10,000 to $15,000 range. The breakout from this multi-year triangle formation could signify a significant upward trend for $Ethereum. BINANCE:ETHUSDT BITSTAMP:ETHUSD BINANCE:ETHUSDT.PLongby HexaTrades1110
ETH Update🕯There is a great opportunity - buy Ethereum at the $2150 - $2200 support level. ❓As you can see, this level acted as a resistance through the whole 2022 - 2023 bearish market. It must hold, otherwise bull cycle is done. 📊Since this is a major asset, you can even consider using x2 - x5 leverage for this trade.Longby Mirwais007Updated 662
ETH Eyes $3,000: Bullish Breakout Signals More Gains AheadBINANCE:ETHUSDT has recently broken out of a descending channel, surging above the 2,900 USDT level. This breakout suggests a strong bullish momentum, with the price now targeting higher resistance levels. The next key area to watch is the support zone around 2,800 USDT (highlighted in purple). If ETH pulls back and successfully retests this zone, it could confirm the breakout and set the stage for another upward move, possibly toward the 3,000 USDT mark or higher. This setup indicates a bullish outlook for ETH, with the support level at 2,800 USDT acting as a potential entry point for traders looking to capitalize on the next leg up. Longby SanharaUpdated 22
Ethereum price rise might give green light to the new altseasonHello traders, Ethereum price started to recover after a prolonged fall. Ethereum recovery is on early stages and at the moment it's need more confirmations. ETH price slowly approaching its main resistance to date and it will be big test if the price manages to rise above it or not. In case if ETH manages to breakout above 3000 resistance area and hold there then we can expect continuation of the uptrend. But in case if ETH price fails to do so then we probably will see another correction to around 2400 area. I don't expect this correction to last long though. As we are approaching Q4 2024 I expect overall crypto market recovery and the main drivers of this recovery should be Bitcoin and Ethereum. One more thing, historically, every altseason begins from ETH price recovery and growth of ETH dominance, after that liquidity start to flow to other altcoins. I expect this to be true in Q4 2024. Please, do not forget to boost this idea and leave your comments below, thanks.by Real_CryptoRoyUpdated 111133
ETH Price Holds Steady at Key Support LevelETHUSDT Technical analysis update ETH price has been trading within a triangle pattern for the past 85 days, with multiple touches on both the resistance and support lines. A breakout is likely soon. If the price breaks above the resistance line, a strong bullish move could follow. However, if it breaks below the support, the price may drop to the $1,800 - $2,000 range. ETH price has formed a triangle pattern at a strong 2-year support line. In weekly charts 100 and 200 EMA acts as a strong support for ETH. Currently, the ETH price is trading at a strong support level, indicated by multiple technical indicators. We can expect a bounce from this level after a few days of consolidation Regards HexaLongby HexaTradesUpdated 6
Ethereum Breaks $31000 BarrierEThereum has offically crossed the $ 3000 mark reigniting bullish momentum in the market this marks a significant milestone as ethrerum pushes beyond key resistance levels with renewed cofidence among traders and investors alike. Chart Overview The price action shows ethereum building a strong demand zones and breaking through the $3 ,000 resistance. key bullish patterns and liquidity grabs have fruther upside potential. whats Next? As Ethereum trades above this critical psychological level the next targets to watch are $32000/$34000 and potentialy $38000 if the momentum continues . However keep an eye on the potential pullbacks the market remains highly volatile #ETHUSDT #Ethereum Longby GoldMarketKiller3
Ethereum (ETH): Possible Switch of Trend (Upward Movement)Elections have had their own impact on Ethereum, where we are yet far from the ATH zone, but we are seeing some improvement in the price action. With the recent high volume break of resistance (which has been re-tested as well), we are now switching here to a different strategy where we are looking for slight upward movement to happen on the ETH coin. We are expecting the price to touch the CME gap after what we want to see some smaller correction (which should not go past support zone) in order to correct the overbought RSI. This would give us a good possible buy opportunity on the coin, so keep our attentions on both support and resistance zones for now! Swallow TeamLongby SwallowAcademyUpdated 446
ETH/USDTPLEASE TRADE AT YOUR OWN RISK reason 15 min ob respect with 4 hour zone and for upper lqd zone tare at your own riskLongby rajkumarmaurya0120
ETHUSDT.1Dreviewing the ETH/USDT daily chart, I notice key price levels and trends that highlight potential price directions. Ethereum is currently trading around 3,012.17, positioned within a range that may signal consolidation before a significant move. I’ve marked important resistance and support levels, with R1 at 3,565.20, S1 at 2,737.17, S2 at 2,472.28, and S3 at 2,101.09. These levels offer critical zones where price reactions are likely to occur. The chart reveals a descending trendline acting as resistance since earlier peaks, which ETH has recently approached. If Ethereum can decisively break above this trendline and surpass R1, it could indicate a potential bullish reversal, opening the path toward higher levels, possibly even near 4,000 if momentum sustains. On the other hand, if Ethereum faces rejection at this trendline or at R1, a downward correction toward S1 or S2 could unfold, providing support zones where buyers might regain control. The MACD (12, 26) indicator is currently in positive territory, with the MACD line positioned above the signal line, which suggests that bullish momentum is in play. However, the histogram shows signs of flattening, signaling caution as this could indicate that buying pressure is stabilizing or weakening. I’ll monitor the histogram closely to confirm if momentum remains strong or if a retracement is more likely. In conclusion, my outlook for ETH/USDT is cautiously optimistic. A successful breakout above R1 would confirm a bullish bias, with potential for further gains toward the upper resistance levels. Conversely, failure to break above resistance could lead to a retracement toward S1 or lower support levels, where I’d reassess the price action for a potential entry. For now, I remain attentive to Ethereum’s movement near this trendline and MACD momentum to guide my next steps.Longby MarsSignals5
The point of interest is whether it can escape the box section Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (USDT.D 1M chart) I think that in order for the coin market to start a bull market, it must fall below 4.97 and be maintained or show a downward trend. - (BTC.D 1M chart) At this time, in order for the altcoin bull market to start, I think that BTC dominance must fall below 55.01 and be maintained or show a downward trend. If BTC dominance rises, it means that funds are concentrated towards BTC, so most altcoins are likely to gradually move sideways or show a downward trend. ---------------------------------------- (ETHUSDT 1D chart) For that reason alone, the rise of ETH is significant. Since all coins (tokens) other than BTC can be classified as altcoins, the rise of ETH, which ranks second in market cap after BTC, can be considered the prelude to the altcoin bull market. Therefore, if it rises from the current box range (2273.58-2706.15), I think it is highly likely that the altcoin bull market will begin. - Have a good time. Thank you. -------------------------------------------------- - Big picture It is expected that the real uptrend will start after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points. We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 ----------------- by readCryptoUpdated 116
ETHUSDTETH is waiting for confirmation to break out this range. I think the retest would be around 2500 before going up again. Don't open a long here. NFAby WinniecashUpdated 3
Ethereum needs correction#ethereum #eth has been forming bearish divergence. A minor correction is necessary.by naphyse1
#ETH (SPOT) entry range( 2330- 2530)T.(3380) SL(2310)BINANCE:ETHUSDT entry range ( 2330- 2530) Target1 (3080) - Target2 (3380) SL .1D close below (2310) *** collect the coin slowly in the entry range *** *** No FOMO - No Rush , it is a long journey *** **** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH # AST #PORTAL #CYBER #RIF #ENJ #ZIL #APT #GALA #STEEM #ONE #LINK #NTRN #COTI #RENDER #ICX #IMX #ALICE #PYR #PORTAL #GRT #GMT # IDEX #NEAR #ICP #ETH ***Longby Crypto_alphabitUpdated 4410
ETH Long Fair value gap between 2990 and 3023 has been filled. Broken through 3K resistance. I think price is headed for 3500 now. MACD also flipped bullish . Longby stevetambo320
ETH Pullback Short : Rally Base Drop Supply Zone Looking at the 15 minute chart we see the formation of a rally base drop supply zone when the price reached the 3000 resistance zone . After formation price revisited this zone and failed to break triggering a sell opportunity . Very high probability of reversal using RBD supply zones especially at market tops. by stevetambo321
ETHUSDT.P PERPETUAL Coiling up for action Dear Intraday Degens, How are you all doing? Here's ETH on the 30-minute chart, and it looks like it's coiling up for action. We're seeing higher lows forming, with yesterday’s close acting as support. Volume is looking solid, and the resistance we're aiming to flip is from 02/24/2024, which isn't particularly strong. Keep those charts open—I have a feeling something’s about to happen, hopefully in the right direction! Stay safe and happy trading! Longby vagadaUpdated 0
ETHEREUM : THE NEXT BULLISH RUN?On the weekly timeframe, ETHUSDT has created Change of Character, which means that the potential bullish trend will be continued. In the ABC correction phase, ETHUSDT has create Descending Broadening Wedge which leads to potential price breakout from the pattern. In the end of C correction, ETHUSDT bounce back in the Fibonacci Golden Zone, including Retest and 3rd Trendline Tap confluence. Based on my analysis, there are 3 target for the future price of ETHUSDT: 1st Target : 4600 2nd Target : 5300 3rd Target : 7300 1st and 2nd Target will be potentially hit in 2025 or even faster. This analysis will be invalid if the price breaks or close under 2110. DISCLAIMER ON!Longby Felix_Jonathan2
Alikze »» ETH | Ascending channel🔍 Technical analysis: Ascending channel and corner alcove formation in the green support box area - Continuing the analysis of the previous post , the Ethereum currency faced selling pressure after reaching the daily and weekly supply range. - After the formation of a Double Top pattern, it has had a zigzag correction to the green box range. - It is currently moving in an ascending channel, where the recent correction has intersected with the bottom of the channel and the green box. - Therefore, I expect it to grow up to Fibo 0.78 and the dynamic trigger after the swing breaks and creates a higher LH. - In addition, a corner pattern with higher bottoms of the ascending channel is also formed. 💎 Alternative scenario: If it fails to break the swing and does not stabilize above it, and also sharply corrects towards the green box, it is most likely that it will break it and continue correcting towards the Buyer Zone. 💎 Probable scenario: Currently, the probable scenario is the bullish scenario according to the bullish channel and also the corner pattern pattern. Therefore, after reaching the goal, the dynamic update will be done again. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:ETHUSDT Longby alikzeUpdated 227
ETH thesis with RAG AI by Titan_Karma Thesis: Analysis of Ethereum (ETH) Market Conditions for November 9, 2024 Abstract This thesis evaluates the potential for profit through a strategic long position in Ethereum (ETH) based on recent market data. With a confidence level of 85%, the analysis incorporates real-time trading metrics, market sentiment, technical indicators, and volatility measures to assess the validity of entering a long position. The underlying approach combines fundamental and technical analyses, exploring factors such as volume trends, support and resistance levels, and social sentiment towards ETH. 1. Introduction The cryptocurrency market exhibits significant volatility and rapid changes in sentiment, making it crucial to adopt a data-driven approach for high-frequency trading strategies. This thesis focuses on Ethereum (ETH), analyzing the market conditions on November 9, 2024, and presents a structured assessment for a potential long position. 2. Data Sources and Indicators Market Sentiment: Bullish, supported by social media sentiment and market participant behavior. Trading Volume: High at 306,994.58 ETH, indicating strong market engagement. Current Price: $3043.59. Key Data Providers: Coinglass, Binance, CoinMarketCap, Augmento.ai, and CryptoCompare. 3. Technical Analysis Price and Support Levels: Current Price: $3043.59. Resistance Level: $3083.82. Support Levels: Significant buy walls identified at $3030 and $3020. Momentum Indicators: RSI: Above 70, indicating overbought conditions. Stochastic Oscillator: Bullish, suggesting ongoing upward momentum. MACD: A recent bullish crossover highlights a favorable environment for entering long. Volatility Indicators: ATR: Low, showing reduced volatility conducive to entry. Bollinger Bands: Tightening pattern, often preceding a breakout. Moving Averages: MA20: The current price remains above the MA20, reinforcing the bullish trend. 4. Market Data Analysis Coinglass Data: Increasing open interest with a weighted funding rate leaning bullish and stable liquidation levels. Binance Order Book: Presence of significant buy walls that could sustain price movement above current levels. CoinMarketCap: High liquidity and substantial market capitalization around $360 billion, indicating a robust trading environment. Augmento.ai Sentiment Analysis: Positive discussions around ETH predict potential bullish outcomes in the near term. CryptoCompare News Sentiment: Analyst perspectives remain optimistic, noting Ethereum's breakout potential. 5. Entry and Exit Strategy Entry Criteria: Timeframe: 15-minute chart for rapid assessment. RSI: Above 70 (bullish but cautious near overbought). MACD: Bullish crossover. Price Position: Above MA20. Bollinger Bands: Price nearing the upper band. Positioning: Trade Direction: Long. Stop Loss: Set at $3000.00 to mitigate risk. Take Profit: Targeting $3100.00. Exit Point: Tentatively set at $3050.00 for a balanced risk-reward approach. 6. Conclusion Based on the gathered data and technical indicators, Ethereum currently shows a favorable environment for entering a long position. The existing bullish sentiment, coupled with positive volume trends and supportive technical indicators, underpins the confidence in this recommendation. The proposed stop-loss and take-profit thresholds ensure a balanced approach to capitalize on potential price appreciation while maintaining risk management. 7. Future Recommendations Future assessments should continue to track changes in order book dynamics, sentiment shifts, and technical indicators on a shorter time frame to refine entry and exit strategies. Additionally, monitoring news sentiment shifts on CryptoCompare and trading volume fluctuations will be crucial for adjusting trade positions to market trends. Longby titankarma0
ETH Trade ETH - USDT Entry after a confirmed breakout Entry 2,857.33 S.L 2,734.42 T.P 1 2,998.15 T.P 2 3,194.72 T.P 3 3,445.23 Longby TheCryptoCityUpdated 12
CLEAR SIGNAL FROM THE "MCD"if you pay attention to the RSI it gives clear sell signals or an assumption ok notice between the volatility of the «MCD» more or «RSI» IF YOU LOOK CLOSELY it gives CLEAR SIGNS OF LOSING STRENGTH. which is equal to the decide, the RSI tends to break and make a supposed rise, it gives clear indications of decide, the orange line of the MCD is taking strength downwards because the blue line is making a curvature up there, but the RSI is fully indicating clear evidence of range at 3,149.00, notice this, analyze each bar on the chart, if necessary, we have tendencies, the loss of strength of the "MCD" has higher bars. greens and other lighter greens think about it ««««««««...Shortby Clover_mc_0
ETH Ethereum Analysis Finally, #ETH brokeout the most awaiting resistance of $2830 and reached $3k. Next target will be $3500 to NEW ATH .by OfficialCryptoTraders2