Ethereum Stuck in Intraday RangeEthereum is currently trading within an intraday range, characterized by slow and choppy price action.
A bearish dip followed by a bullish rejection at $3,725, aligning with the ascending trendline, could push Ethereum's price toward $4,003 (indicated by the green dashed projection).
A bullish breakout above $4,003, accompanied by sustained price action at this level, may lead to an extension toward $4,277 (indicated by the green solid projection).
A bearish move below $3,725 is likely to accelerate momentum toward the $3,402–$3,451 support zone (indicated by the red solid projection).
Ethereum (Cryptocurrency)
ETH / USDT : Breaking out from trendline resistance ETH/USDT: Breaking Out from Trendline Resistance – A Bullish Surge Ahead?
Ethereum (ETH/USDT) is showing signs of strength 📈 as it breaks out of a critical trendline resistance zone 📊. After a period of consolidation, the price has successfully surpassed this key level, setting the stage for a potential bullish rally 🚀. The breakout indicates renewed buyer momentum, making ETH a pair to watch closely.
Key insights:
1. Trendline breakout: ETH/USDT has breached a significant trendline resistance that has acted as a barrier for weeks. This breakout could trigger a sustained upward move.
2. Volume confirmation: A noticeable surge in trading volume during the breakout is a positive signal, indicating strong buying interest 🔥.
3. Bullish indicators: Momentum tools like RSI and MACD are pointing upwards ⚡, adding further conviction to the breakout scenario.
Steps to validate the breakout:
Look for a confirmed 4H or daily candle closing above the trendline 📍.
Check for increased volume during the breakout to verify buyer strength 📊.
A successful retest of the broken resistance as new support can confirm the move’s credibility ✅.
Stay alert for potential fake breakouts with wicks above the trendline or sharp reversals ⚠️.
Risk management tips:
Place stop-loss orders below key support zones to safeguard your capital 🔒.
Adjust position sizes to align with your risk appetite and trading strategy 🎯.
This analysis is for educational purposes only and is not financial advice. Always conduct your own research (DYOR) 🔍 before making investment decisions.
ETHUSDT: The Calm Before the Storm: A Bullish Flag Pattern!!A compelling bullish setup is forming on the BINANCE:ETHUSDT chart. The recent price action has resulted in a classic flag pattern, characterized by a sharp upward move followed by a period of consolidation within a descending channel. This pattern often precedes a significant breakout to the upside. As the price approaches the upper boundary of the flag, a decisive break could trigger a substantial rally, potentially pushing BINANCE:ETHUSDT to new all-time highs. However, as with any trade, it's crucial to implement a robust risk management strategy, including a well-defined stop-loss order, to protect potential profits.
BINANCE:ETHUSDT Currently trading at $3880
Stoploss $3800
Target $4400
Max leverage 5x
Always keep stoplosss
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ETHUSDT 100% TP📊 ETHUSDT Analysis:
Current Price: $3,853.36
Resistance Levels:
$4,006.17 (📈 Key breakout point for upward momentum)
$7,436.63 (🎯 Target)
Support Levels:
$3,156.69 (🛡️ Strong support zone)
$2,786.53 (⚠️ Critical fallback level)
🚀 Signal:
Bullish Scenario: If ETH breaks and closes above $4,006.17, target $7,436.63 (💹 Long entry suggested).
Bearish Scenario: If it falls below $3,156.69, watch for $2,786.53 as a potential rebound zone (🔻).
📈 Trend: Uptrend continuation likely if $4,006.17 holds as a new support.
🕒 Timing: Monitor for confirmation on daily or weekly candles before making a decision.
💡 Risk Management: Set stop-loss below $3,156.69 (🔐).
Would you like further assistance with this chart?
Spot Ethereum ETFs Break a Key Record
The cryptocurrency market has been buzzing with excitement as Spot Ethereum ETFs have recently broken a significant record.1 This development has sparked renewed interest in Ethereum and its potential price trajectory.2 As Ethereum's network continues to grow and mature, analysts are speculating whether the ETH price could reach new heights, potentially even surpassing the $5,000 mark.
Ethereum Fees Hit 9-Month High Amid Strong DeFi Activity
One of the key factors driving Ethereum's price and network activity is the surge in DeFi applications.3 As more and more users flock to decentralized finance platforms, the demand for Ethereum's network has increased significantly. This increased demand has, in turn, led to higher transaction fees, which recently hit a 9-month high.
While higher fees can be a deterrent for some users, it also highlights the growing popularity of Ethereum and its role as the backbone of the DeFi ecosystem.4 As the network continues to scale and improve, it is expected that transaction fees will stabilize and potentially even decrease over time.
Ethereum Price Analysis 12-14: Expect Rally As ETH Holds Steady Around $4,000
Recent price analysis for Ethereum indicates a strong bullish sentiment among analysts. The cryptocurrency has been holding steady around the $4,000 level, and is believed that a significant rally is imminent. Several factors are contributing to this bullish outlook, including:
• Strong Fundamental Performance: Ethereum's underlying technology continues to evolve, with significant upgrades and improvements being implemented regularly.5 This ongoing development has solidified Ethereum's position as a leading blockchain platform.
• Institutional Adoption: Institutional investors are increasingly recognizing the value of Ethereum as a store of value and a tool for innovation.6 As more institutions allocate funds to Ethereum, it could lead to significant price appreciation.
• Positive Market Sentiment: The overall cryptocurrency market has been experiencing a period of sustained growth, and Ethereum has been one of the primary beneficiaries of this bullish trend.7
Ethereum Set For A Parabolic Surge?
While it is difficult to predict the exact price trajectory of any cryptocurrency, it is believed that Ethereum could be poised for a parabolic surge. A parabolic surge is a rapid and sustained increase in price, often characterized by exponential growth. Several factors could contribute to such a surge, including:
• Major Technological Breakthroughs: Significant advancements in Ethereum's technology, such as the implementation of Layer-2 scaling solutions, could unlock new levels of scalability and efficiency.
• Increased Institutional Investment: As more institutional investors allocate funds to Ethereum, it could lead to a significant influx of capital into the market.
• Positive Regulatory Developments: Favorable regulatory policies could further legitimize the cryptocurrency market and encourage broader adoption of Ethereum.
Conclusion
The recent surge in Ethereum's price and network activity, coupled with the positive outlook from analysts, suggests that the cryptocurrency could continue to outperform in the coming months. While it is impossible to predict the exact price target, the potential for significant gains remains high. However, it is important to approach the cryptocurrency market with caution and conduct thorough research before making any investment decisions.
BITCOIN WYCKOFF accumulationscenariocast!
IF that is what is occuring ... the #BTC price over the next few months could follow something similar to what I have drawn in a #Wyckoff re-accumulation range and breakout.
With the recent price action being a false breakdown before recapturing the range and proceeding to reach previous levels of resistance.
Let's see if this occurs, sentiment reached rock bottom last week.
SO I would not be surprised!
ETH/USDT Long-TermHello everyone, I invite you to review the ETH/USD chart taking into account the interval of one weekend.
We can observe how the price is struggling to maintain the level of the downward trend line marked in blue.
Moreover, we can see how the price is currently fighting in a strong resistance zone from $3,677 to $4,087, we can see how the upper border of the zone has rejected the price, only when it manages to break out of it positively, the price will move towards the second very strong zone from $4,864 to $5,305 .
When the current resistance zone completely rejects the price and strong declines begin, support is visible at $3,336, then there is support at $2,889, and then a strong support zone is visible from $2,498 to $2,116.
Ethereum (ETH)Ethereum Technical Analysis (ETH/USDT)
📊 Timeframe: Weekly and Daily
🔍 Current Status: Ethereum is in a long-term ascending channel and is currently attempting to break through its weekly resistance zone (red area).
📈 Bullish Analysis (Scenario 1)
Weekly Resistance and Price Stabilization:
Ethereum is currently facing weekly resistance (red zone).
Stabilizing above this resistance could pave the way for a new ATH (All-Time High).
Bullish Targets (Fibonacci Levels):
First target after breaking resistance:
Top of the ascending channel
Fibonacci 1.618 zone, which serves as a significant resistance.
If the channel’s top is broken, parabolic moves can be expected.
Further targets include:
Fibonacci 2.272 and 2.618 levels
Reaction to the Trendline:
By connecting the previous two highs of Ethereum, a trendline is formed.
Increased volume could trigger a price reaction to this line.
This trendline overlaps with Fibonacci 3.272 and 3.618 levels.
Achieving these targets will require significant capital inflows due to ETH’s high market cap.
RSI Indicator:
A rising channel is visible on the RSI.
Entry into the overbought zone could trigger a parabolic move towards the RSI channel’s ceiling.
If hype and volume increase, the RSI ceiling may break, extending into the overextended zone.
📉 Bearish Analysis (Scenario 2)
If Ethereum fails to break the weekly resistance:
A correction towards Fibonacci 0.382 and 0.5 levels is likely.
Failing to hold these levels may bring the price down to the lower boundary of the descending channel.
If selling pressure increases:
The price may move towards the weekly blue support zone.
🔗 Conclusion:
Ethereum is at a critical resistance level. Breaking and stabilizing above the weekly resistance could push ETH to higher Fibonacci targets and new ATHs. If the resistance holds, a correction towards Fibonacci support levels is possible.
📌 Key Point: High volume inflows and RSI movement will play a critical role in fulfilling the bullish scenario.
💎 Key Fibonacci Levels:
1.618 🔹 Initial Resistance
2.272 and 2.618 🔹 Higher Targets
3.272 and 3.618 🔹 Final Targets
📊 Daily Timeframe: Watch for potential corrections to Fibonacci 0.382 and 0.5 support levels.
BITCOIN Is Following 1970s GOLD Parabolic Run MartyBoots here , I have been trading for 17 years and sharing my thoughts on Bitcoin here.
Bitcoin is looking beautiful , very strong chart for more upside
Very similar to Gold which ran huge coming into a new year
Do not miss out on Bitcoin as this is a great opportunity
Watch video for more details
Luna ($LUNAUSDT): 8-Hour Analysis for Strategic Trade SetupI spend time researching and finding the best entries and setups, so make sure to boost and follow for more.
Luna ( BINANCE:LUNAUSDT ): 8-Hour Chart Analysis for Strategic Trade Setup
Trade Setup:
- Entry Price: $0.5451
- Stop-Loss: $0.3728
- Take-Profit Targets:
- TP1: $0.9479
- TP2: $1.3018
Fundamental Analysis:
Luna ( BINANCE:LUNAUSDT ) continues to be a significant player in the DeFi ecosystem despite its historical challenges. The network's commitment to rebuilding its ecosystem and expanding partnerships has drawn attention back to the token. The recent upgrades to its Terra blockchain aim to enhance scalability and adoption among developers.
Technical Analysis (8-Hour Chart):
- Current Price: $0.5525
- Moving Averages:
- 50-EMA: $0.5000
- 200-EMA: $0.4800
- Relative Strength Index (RSI): Currently at 60, indicating growing bullish momentum.
- Support and Resistance Levels:
- Immediate Support: $0.5000
- Resistance: $0.6000
The 8-hour chart reveals a breakout from a descending triangle pattern, signalling potential for a strong upward movement. The take-profit targets align with Fibonacci extensions, providing logical levels for scaling out of the position.
Market Sentiment:
LUNA has seen increasing trading volumes, reflecting renewed interest in the project. Recent announcements around ecosystem developments and strategic partnerships have boosted confidence among traders.
Risk Management:
A stop-loss at $0.3728 ensures limited downside risk, while TP1 and TP2 offer impressive reward potentials of approximately 73% and 139%, respectively. Discipline in executing this trade is crucial, given the token's volatility.
Key Takeaways:
- LUNA’s breakout signals a potential bullish continuation.
- Strong risk-to-reward ratio for both scalpers and swing traders.
- Strict adherence to stop-loss and target levels is necessary.
When the Market’s Call, We Stand Tall. Bull or Bear, We’ll Brave It All!
*Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*
ETHUSD (4h) MA50 holding. Channel Up preparing a new rise.Ethereum is trading inside a Channel Up and for the past 2 days it is holding the MA50 (4h) as Support after breaking over it.
This has validated the start of the new bullish wave. The previous increased by +34.70%.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 4600 (almost +34.70% rise from the recent Low).
Tips:
1. The RSI (4h) rebounded from the 30.00 oversold level and is now pulling back. A sign that this consolidation is giving a buy signal again.
Please like, follow and comment!!
Notes:
Past trading plan:
TOTAL3 2H: Bull Flag Formation - 1.6T TargetThe TOTAL3 index, representing the total cryptocurrency market capitalization excluding Bitcoin and Ethereum, is displaying a bullish continuation pattern in the form of a bull flag. The market has established a strong uptrend, followed by a consolidation period that appears to be setting up for another leg higher.
Key Technical Observations:
The primary trend is decisively bullish, with price action showing a steep ascent from around 600B to 1.14T market cap. The recent consolidation has formed a flag pattern, with parallel downward-sloping lines containing the price action. This type of consolidation after a strong move is typically a continuation pattern, suggesting the bullish momentum may resume. The volume profile during the consolidation appears to be diminishing, which is characteristic of flag patterns and supports the continuation thesis.
Price Targets:
Based on the measured move technique for flag patterns, taking the flagpole's height and projecting it from the breakout point, the primary target extends to approximately 1.6T. This projection aligns with the principle that crypto markets often extend previous moves after corrections. The target represents a significant psychological level that could act as a major resistance zone.
Trading Setup:
- Entry Conditions: Look for a decisive break above the upper flag boundary at approximately 1.14T, preferably with increased volume
- Initial Stop Loss: Place below the lower flag boundary around 1.07T
- Take Profit Levels: Primary target at 1.6T, with potential intermediate resistance at 1.3T and 1.4T
Risk Management:
- Stop Loss Placement: The tight consolidation pattern allows for a relatively close stop loss, improving the risk-reward ratio
- Market Conditions to Watch: Monitor Bitcoin and Ethereum's price action as they can influence the broader market sentiment
Additional Considerations:
The current consolidation is occurring at all-time high levels for TOTAL3, suggesting strong underlying strength in the altcoin market. The clean technical pattern, combined with the strategic location of the consolidation, provides a favorable setup for continuation.
Trade Validation:
- Bullish Case: A high-volume breakout above 1.14T would confirm the pattern
- Invalidation: A decisive break below 1.07T would negate the immediate bullish setup
Market Context:
The altcoin market has shown significant strength relative to Bitcoin and Ethereum, indicating growing interest in the broader cryptocurrency ecosystem. This suggests potential capital rotation into alternative cryptocurrencies, which could support the bullish thesis.
ETH to 5K!! Fifth of a Third on its WayEthereum is looking extremely bullish lately. It has failed to keep up with Bitcoin's moves, which have experienced a series of record all-time highs bit this is about to change soon.
The pattern has cleared enough and we look to be moving into a fifth wave, of an overall third wave. Third waves usually record the highest volume and the longest travel on most assets, but crypto has a particular quality to act in similitude with commodities, which tend to record the strongest move on its fifth and last wave. This being a fifth of a third of such a high degree, I expect to see a great advance, even past what we have already seen.
An extension of a fifth wave tends to look at equal to the distance traveled from the start of wave one to the end of wave three, projected from the end of wave four. This calculation gives us a price target of 5170 and as a second possible objective we get 6K, that last being equal to wave 1-3(127%).
The price has already taken off but don't for a moment believe that its nearly over, not even close.
Happy trading :)
TITANX is about to 25X *** CUP & HANDLE***TITANX has created an impressive and substantial cup and handle pattern on the weekly chart.
This is exciting news as the ecosystem is currently experiencing DEFLATION and is on the verge of becoming HYPER DEFLATIONARY.
The complete logarithmic projection indicates a potential 25X increase, which I firmly believe can be achieved and even exceeded given the strong fundamentals of this ecosystem.
This rapidly expanding community which has proven its resilience, showcasing innovation and leading the charge in a fairly launched, sustainable crypto economy that is ideally positioned for the remainder of the crypto bull cycle.
Can you name another token that is actively buying and burning hundreds of thousands of dollars of its own supply every single day? If you do, I’d love to hear about it!
InDepth analytics for ETH/USD price movementBINANCE:ETHUSDT Exectuive Summary
BINANCE:ETHUSDT , as the second-largest cryptocurrency by market capitalization, has exhibited consistent price behavior following Bitcoin (BTC) halvings. Historically, ETH consolidates and takes over 200 days to surpass its previous all-time high (ATH) after each BTC halving event. This report analyzes this trend, providing insights into the possible price trajectory of Ethereum after the April 19, 2024 BTC halving.
Key Observations
2016 BTC Halving (July 9, 2016):
Consolidation Period: 238 days.
Outcome: Ethereum broke past its ATH and experienced a significant price rally.
2020 BTC Halving (May 11, 2020):
Consolidation Period: 245 days.
Outcome: Ethereum surpassed its previous ATH and continued to gain momentum, reaching new price heights during the 2021 bull market.
2024 BTC Halving (April 19, 2024):
Current Status: As of December 13, 2024, 238 days have passed since the BTC halving.
Trend Projection: Based on historical data, Ethereum appears poised to break its previous ATH in the coming days or weeks, assuming the pattern holds.
Analysis of Key Drivers
BTC halvings reduce Bitcoin’s block reward, creating a supply shock that influences the broader cryptocurrency market.
Ethereum, being a correlated asset, often experiences delayed but significant upward price movements post-BTC halvings.
Market Sentiment:
Historical data suggests a build-up of bullish sentiment following BTC halvings, which trickles into altcoins like Ethereum.
Current market trends indicate increased institutional interest in Ethereum due to its staking mechanisms and growing utility.
Projections for 2024-2025
If Ethereum follows its historical pattern
BINANCE:ETHUSD may surpass its previous ATH in coming days.
Risks to Consider
Macro-Economic Factors: Geopolitical events, interest rate changes, or regulatory actions could disrupt market trends.
Market Liquidity: Declining liquidity could delay Ethereum’s price breakout despite favorable conditions.
Unexpected Events: Network-specific issues or technological vulnerabilities may impact price movements.
Conclusion
Ethereum’s historical post-halving behavior suggests a strong likelihood of price appreciation in the near term. As we approach the critical 245-day mark post the 2024 BTC halving, investors should remain vigilant for potential breakout signals while factoring in broader market dynamics and risks.
Recommendations
For Traders: Monitor key resistance levels and trading volumes for breakout confirmation.
For Long-Term Investors: Consider accumulating during consolidation phases for optimal entry points.
For Analysts: Keep an eye on macroeconomic indicators and Ethereum’s network activity to validate price movement projections.
Disclaimer: This analysis is based on historical data and is not financial advice. Cryptocurrency investments carry risks, and readers are advised to conduct their own research.
Ethereum is undervalued by society!As we mentioned, Ethereum is one of the three assets that the market maker has been accumulating. As you may have noticed, 2/3 of the assets have already shown their strong growth (Bitcoin and Solana), while the dominance of BITSTAMP:ETHUSD is at its lows since 2021.
It is also worth paying attention to the data inside the blockchain, which shows a large accumulation of BITSTAMP:ETHUSD on the wallets of market makers, investment funds and large conglomerate like BlackRock, Vanguard and others. Most recently, BlackRock exchanged their Bitcoin to buy Ethereum, which is a direct signal of bullish sentiment towards Vitalik Buterin's project. We expect a rapid growth of BITSTAMP:ETHUSD in the next two months with a top update!
Ripple Receives Approval for StablecoinMarket Update - December 13, 2024
Amazon shareholders urge the company to allocate 5% of its reserves to bitcoin: The proposal highlights bitcoin’s outperformance against traditional assets and echoes similar moves by companies like MicroStrategy and Tesla.
Crypto liquidations hit $1.5 billion Monday as bitcoin dipped below $95K: But the world’s largest cryptocurrency rallied past $101,000 on Wednesday after positive inflation data set the stage for a rate cut next week.
Ripple's RLUSD stablecoin secures approval from New York’s financial regulator: The launch will now proceed with exchange and market-maker partnerships already in place.
Hong Kong accelerates crypto licensing as global competition heats up: Plans include streamlined approvals for crypto trading platforms and new regulation for stablecoins.
The Cardano Foundation's X account was hacked, leading to fake announcements about a token and an SEC lawsuit: The breach triggered significant trading activity and community confusion before being addressed by the Foundation.
🫱 Read more here
➕ Topic of the Week: IPOs, ICOs, and STOs – What’s the Difference?
BTC/USD : First Short, Then LONG! (READ THE CAPTION)Analyzing the #Bitcoin chart in the 4-hour timeframe, we observe that the price is currently trading around $100K. If the price stabilizes below $100,380, we could expect further declines, with $97,800 as the first key level, followed by the potential start of the next bullish wave for Bitcoin. The second scenario involves a price surge above $101,500, which could increase demand and push the price to levels above $102,000. This analysis will be updated further.
Weekly Time Frame Analysis :
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Best Regards , Arman Shaban