Eth wave analysis Eth seems to be in a sort of triangle correction, we could be in for a wave 5 down leg when everyone has flipped bulish
ETHUSDT trade ideas
ETHUSDT Triangle formation in 1H chartETHUSDT Technical analysis update.
ETHUSD is forming a triangle pattern on the 1H chart at a major resistance level. The price could touch the triangle's support again before breaking out. A bullish move can be confirmed once the price breaks the resistance line.
Buy after the breakout is confirmed on the 1H chart.
Regards
Hexa
If ETH breaks above 2730 then 3500 price target is magnetBINANCE:ETHUSDT has finally moved up a little bit after its sharp decline during the past weeks. Now if it breaks the key level resistances it will go quickly and sharply to $3500 in a matter of days since there is no major resistance level above it to slow it down. Do not fade the market these days. Keep an eye on the prices.
ETH/USDT: Ready for Liftoff? $3,500 Target in Sight!Hey everyone!
If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates!
ETH is looking incredibly bullish right now. It just broke out of a symmetrical triangle on the 8-hour time frame, signaling potential for a strong upward move. I’m eyeing a push toward the $3,500 level.
Target: $3,400 - $3,500
Stop-Loss: $2,500
What are your thoughts on ETH’s current price action? Are you spotting this bullish setup too? Drop your analysis in the comments below, and let’s ride this wave together! 🚀
Ethereum - big rise is COMING!Ethereum - big rise is COMING!
price of ethereum is rising with big rise of Open interest i think up rise will be big
watch
Institutional AdoptionI believe that with the launch of DBS token services utilizing its integrated Ethereum Virtual Machine with its core payment engine and various industry payment systems, the rise of similar enterprise solutions would indirectly boost the ETH demand by 5-15% annually depending on how extensively smart contracts are deployed.
Additionally, this incentivises users to stake ETH to gain additional longterm gains which in turn would secure the network, reduce circulating supply and potentially provide a 10-20% boost from staking alone. Also factoring in the growth of layer -2 solutions like Polygon which scale Ethereum's capacity, reduces congestion and gas fees scalability increases by an additional 50-100% and since it also relies on the same network for security there is likely to be additional positive ripple effects.
ETH/USDT CHART UPDATE !!ETH/USDT chart update shows Ethereum trading within a descending channel pattern. The recent price action indicates that ETH is testing the upper boundary of the channel as potential resistance.
Ethereum is consolidating within a clear descending channel, and the upper trendline is currently acting as resistance.
The price is struggling to break above the channel's resistance, which could result in a pullback if the breakout fails to materialize.
The lower boundary of the channel and the horizontal support zone below it remain key levels to watch for any potential downside movements.
Ethereum manages to break out of the descending channel with strong momentum, it could signal a bullish reversal. However, failure to do so may lead to further consolidation or a retest of lower support levels. Traders should monitor these levels closely to anticipate the next significant move.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
Ethereum (ETH): Still In Sideways TunnelEthereum is still trading sideways tuned after breaking a local resistance zone, which now has turned into a support zone (after a successful re-test).
We are now waiting for a test of upper resistance to happen near $2,750 or another test of upport at $2,550, where we will be looking for a rejection or a breakdown so for now we wait for clarity here!
Swallow Team
ETH Bearish IdeaAs long As ETH is below $2820; I expect a decline to below $2100 which should mark a bottom for a bigger bullish wave.
ETH - Roadmap to $3,300!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
ETH has been hovering within a large range, forming a symmetrical triangle marked in orange.
📈 For the long-term bullish trend to be confirmed, a break above the $2,830 level is needed.
In that scenario, a move toward the next resistance at $3,300 is expected.
📉 Meanwhile, another bearish leg within the triangle is anticipated.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ETH: Bearish Harmonic Pattern Could Push Prices DownETH: Bearish Harmonic Pattern Could Push Prices Down
Ethereum (ETH) has recently transformed significantly, making its overall picture very complex.
However, on the 60-minute chart, a clear harmonic bearish pattern is emerging.
If this pattern unfolds as expected, it could push ETH prices down to 2544, 2453 and 2353.
As of now, bitcoin is also on the verge of a bigger price reversal and may change direction soon.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
ETHUSD_2Hhello
Ethereum digital currency analysis The market is in an upward trend, and the trading position is from buying to selling We are buyers of this currency at the main support of 2610 and at the target of 2720 and 2770.
Ethusdt trading strategyThis Ethereum (ETHUSDT) chart shows the price consolidating within a symmetrical triangle pattern. Currently, ETH is moving near the upper boundary of the triangle around $2,620, indicating potential breakout scenarios.
Bullish Scenario: If ETH breaks above the triangle's resistance, it could trigger a sharp upward movement, potentially reaching higher price levels around $2,800 or beyond.
Bearish Scenario: On the other hand, if the price fails to break out and moves lower, it may retest the support area near $2,500, which could provide another buying opportunity.
This consolidation pattern suggests that a significant move is coming soon. Traders should keep an eye on the triangle's boundaries for a clear breakout or rejection to define their next steps.
ETHUSDTCRYPTOCAP:ETH ~ 1D
#ETH The H&S pattern is formed on the 1D Time frame. this will be valid if the price manages to break this resistance line and the bulls will dominate again.
ETH Long Demand zone still holding strong and a higher low has formed at 580 to boost .
Price retraced into reversal area between 0.618 and 0.5 fib levels earlier in the week .
Expecting a move to 2900
Ethereum Price Analysis: Potential for a 40% Rally Ethereum Price Analysis: Potential for a 40% Rally
Ethereum (ETH) has been trading sideways recently, staying between $2,450 and $2,550. Despite this consolidation, there are signs that ETH could see a significant rally soon.
Key Factors: COINBASE:ETHUSD
Bullish Fractal Pattern: Ethereum’s price action is forming a pattern similar to previous bullish breakouts. This pattern suggests a potential rise to $3,375, which would be a 40% increase from the current price.
Support Levels: ETH has maintained strong support around $2,300. If this level holds, it could act as a launchpad for the next upward move.
Double Bottom Formation: On the ETH/BTC chart, a double bottom pattern is emerging. This pattern often indicates a bullish reversal, increasing the chances of a price rise.
Potential Risks:
Resistance Levels: If ETH faces strong resistance around $2,550, it might struggle to break out, leading to a possible drop back to support levels.
Market Sentiment: The overall market sentiment and macroeconomic factors will play a crucial role in ETH’s price movement. Negative news or market downturns could impact the bullish outlook.
In summary, while Ethereum shows promising signs of a potential rally, traders should keep an eye on key support and resistance levels and stay updated on market trends.
I hope this helps! Let me know if you need any further adjustments.
Ethereum (ETH): Fight Between Buyers and Sellers / We Wait!Ethereum is still hovering above the broken zone where we see that price is yet to decide where to move.
Each push gets supressed by sellers and each dump gets supressed by buyers so we need to see and wait.
For us to see a downward movement from the current zone, we need to manage and move towards the EMAs in the next 24-36 hours; otherwise, there is a high likelihood of the upper zone being touched and only then a movement to the lower zones to start!
Swallow Team
Sell ETH/USDT Channel BreakoutThe ETH/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 2620, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 2488
2nd Support – 2410
Stop-Loss: To manage risk, place a stop-loss order above 2700. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
Ethereum, patience is the key for longsEthereum is a different story.
It's more challenging to catch, but the bullish arguments are also strong on higher timeframes. However, if you're aiming for a solid long position, patience is key. Set alerts at crucial levels like the weekly bullish FVG and the two daily bullish FVGs. The price is currently moving to provide a fair value for supply.
For now, this is the main idea I have in mind.
BINANCE:ETHUSDT
Ethereum longEthereum bounced off the lower boundary of ascending channel. Asset bounced off the support level. Bullish movement to resistance level at 2677 is possible.
ETH/USDT 1D chart review Long-TermHello everyone, let's look at the current ETH situation considering the time frame of one day. In this situation, we can see how the price will send up from the triangle.
Let's start by setting goals for the near future, which include:
T1 = $2,667
T2 = $2763
T3 = $2,891
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $2587
SL2 = $2528
SL3 = $2,429
SL4 = $2,357
