Ethereum ~ Whilst bullish I have a concern Ethereum CRYPTOCAP:ETH
Which pattern is more likely folks?
I know what I am hoping for.
PUKA
Ethereumforecast
Celebrating Ether's Breakthrough! Let's Ride the Bullish WaveEther (ETH) has just broken through its prior resistance levels and is now eyeing its next target of $3000! 🚀🎉
The recent surge in Ether's price has been nothing short of remarkable. With each passing day, it becomes increasingly evident that the Ethereum network and its native token, Ether, are gaining tremendous momentum and support from institutional and retail investors alike. As traders, this is an opportunity we cannot afford to miss!
So, why should you consider long positions on Ether? Allow me to present you with some compelling reasons:
1. **Technical Breakthrough**: Ether's successful breach of prior resistance levels indicates a significant shift in market sentiment. With an ever-growing ecosystem of innovative projects and smart contracts, Ethereum's potential for further growth and adoption is immense. By longing Ether, you're positioning yourself at the forefront of this exciting revolution.
3. **Institutional Support**: Major institutions are increasingly recognizing the value and potential of Ether. With companies like Tesla, Square, and PayPal embracing cryptocurrencies, we can expect more institutional investors to follow suit. By entering long positions now, you'll be aligning yourself with the big players in the market.
Now, it's time for action! Seize this opportunity and join me in long positions on Ether. Let's maximize this bullish trend and ride it to new heights together. Here's what you can do to get started:
1. **Evaluate Your Strategy**: Take a moment to review your trading strategy and consider incorporating long positions on Ether. Assess your risk tolerance and set appropriate stop-loss levels to protect your capital.
2. **Choose a Reliable Exchange**: Ensure you're using a reputable and secure cryptocurrency exchange that supports Ether trading. Look for platforms with robust trading features, competitive fees, and reliable customer support.
3. **Stay Informed**: Keep a close eye on market trends, news, and technical analysis to make informed trading decisions. Stay connected with reliable sources and engage with fellow traders to gain valuable insights.
Remember, trading involves risks, and you must conduct your due diligence before making any investment decisions. However, with Ether's current momentum and potential, now might be the perfect time to jump on board and ride the wave of success.
Let's celebrate Ether's breakthrough together and make profitable trades! If you have any questions or need further assistance, feel free to reach out via commenting below. I'm here to support you on this exciting journey.
ETH might rest a bitETH is breaking out a range lasted 268 days (so far) but the volume I see is not peaking despite OBV making an HH. My personaly view on ETH before this break out was that it needed to retest the first support (green zone) but right now to be honest I see two possible ways:
1) if the breakout retests the recently broken resistance zone (purple zone) and this attracts volume price will start flying to reach 2800 area but I don't think this is very likely because my general idea is that the entire market needs to cool down
2) after this liquidity swipe I think ETH will retrace a bit before breaking again. The retracement could stop close into 1900 area
Weekly chart shows as there are no big resistances if ETH breaks out with adequate volume:
I don't trade ETH, this is just for those who find my TA useful
Good luck
ETHUSD how deep can u go?After a great bullish run last night, ETH stop at channel up resistance,
now we have 3 important level here :
2193.48 as higher high, and this level became new bullish confirmation
2132.77 are resistance from previous ascending triangle pattern and became classic support
2061.94 are fibonacci 0.618 support
the last important point at channel up support.
in the next wave, we will have correction or pullback,
but how deep ETH can go?
make sure you support this analysis to get a quick notification of every update.
I will update this analysis and try to buy at correction wave.
Btw, Im not trade with short sell, because i'm one side trader (bullish only)
Ethereum - New High Incoming Ethereum needs to break the red resistance (April high) which is very important to continue its rise, in my opinion there is no doubt that this will happen sooner or later.
Altcoins must follow Ethereum 📈
Analyzing ETH's Future: A Cautious Approach to Long Positions
While some voices in the market are calling for ETH to reach all-time highs, it is crucial to approach these predictions with a cautious mindset. As traders, we understand the importance of thoroughly analyzing various factors before making any investment decisions. Let's take a moment to consider the current situation and its potential implications.
ETH has undoubtedly been on an impressive upward trend, showcasing remarkable resilience and growth. However, as we approach new price levels, it becomes increasingly important to exercise caution. History has taught us that markets are rarely linear, and corrections are an inherent part of any asset's journey toward new heights.
In light of this, I encourage you to consider adopting a cautious long-term strategy when it comes to ETH. While it is true that the overall sentiment is positive, it is equally important to remain aware of potential bearish signals that may emerge. By taking a measured approach, we can mitigate risks and make well-informed decisions.
To assist you in your trading journey, I recommend keeping a close eye on key indicators such as trading volume, market sentiment, and price action. These factors can provide valuable insights into the market's sentiment and potential shifts in trends. Additionally, it is crucial to stay informed about any upcoming events or news that may impact ETH's performance.
As we navigate this dynamic market, it is essential to remember that successful trading requires discipline, patience, and a constant reassessment of our strategies. By approaching ETH with caution, we can better position ourselves to capitalize on potential opportunities while managing risks effectively.
In conclusion, while some predict ETH's ascent to new all-time highs, I urge you to adopt a cautious approach. Stay vigilant, analyze the market objectively, and be prepared for potential corrections along the way. By doing so, we can make informed decisions and navigate this exciting market with confidence.
Ethereum ETHUSD Price Analysis (1D)Ethereum has been consolidating within a distinctive Rising Wedge pattern since June 2022, forming a sequence of higher highs and higher lows. This pattern typically suggests a period of tightening volatility and impending price action.
Current Status:
As of now, Ethereum is trading around $2090, positioning itself at a crucial juncture within the Rising Wedge. This marks a pivotal moment as the price approaches resistance levels.
Potential Breakout Scenario:
Should Ethereum break convincingly above the resistance levels, currently being tested, it could trigger a significant upward movement. Targets to watch for would include key psychological levels at $2500 and $3000. This scenario would indicate a potential continuation of the prevailing bullish trend.
Rebound Scenario:
However, a failure to breach the resistance levels may lead to a rebound, guiding Ethereum back towards the support line of the Wedge. This retreat doesn't necessarily signal a bearish reversal but rather a continuation of the consolidation within the pattern.
ETHEREUM Pair : ETHUSD ( Ethereum / U.S Dollar )
Description :
Completed Impulsive Waves " 123 " at the Daily Resistance Level creating Corrective Pattern " Triple Top " in Short Time Frame. We have Rising Wedge as an Corrective Pattern in Short Time Frame with " ABCD " Corrective Waves
Entry Precautions :
Wait until it Rejects / Breaks from Resistance Level
ETH is getting ready to gain against BTCETH is getting ready to gain against BTC in the near term. My buy zone is at 0.054 level and if if we break the 0.05478 liquidity zone, much more explosive move to the upside is possible.
ETH Quick dropWhat do i see on ETH:
1) Strong divergence on H1 TF
2) Divergence happened on strong resistance (2067)
3) Quick drop and accumulation (rectangle)
4) Expecting a drop till trendline (Circle)
This is a very good setup, let's see what happen!
Ethereum ($ETH) Market Situation
The overall market situation for Ethereum remains consistent. The asset is still trading on an upward trend, closely mirroring Bitcoin's movements.
Presently, ETH is hovering around the resistance zone of $2,090-$2,142. If this resistance is broken, it could enable buyers to quickly elevate the ETH price to new highs, possibly reaching the $2,200-$2,300 range.
On the flip side, if Bitcoin undergoes a correction, it's likely to similarly impact Ethereum's price, potentially driving it down to support levels around $1,852-$1,915, $1,791, $1,705, and even $1,630-$1,672.
ETHUSD Bullish JornalsHi, to my analysis.
We have another perfect bullish setup at my analysis,
this is continuation from all my previous analysis on ETH .
CRYPTOCAP:ETH break up symmetrical triangle pattern, this mean bullish still perform with a strong wave.
target for symmertical triangle pattern at $2,316.
My trading plan is simple,
wait after we have pullback at :
Fibonacci 0.256 same level as previous high at $2,053
Fibonacci 0.382 same level at CSR at $2,030
or you may enter now at current price.
If we have a new pattern at lower timeframe or any key level, I will update this chart.
This analysis is my last analysis for this bullish wave at ETH, the reason for that is simple,
better updating than post a new analysis.
So make sure you support this analysis to get notification on every update .
Join the Excitement: Long ETH as It Aims for $2100!Brace yourselves, because ETH is on the verge of a major breakthrough! Analysts and experts are predicting that ETH's next target is an impressive $2100, and the excitement is palpable!
Why am I so thrilled about this? Well, let me tell you why this is an opportunity you don't want to miss. ETH has been making remarkable strides lately, with its value steadily climbing and its market dominance growing stronger. As one of the most influential cryptocurrencies out there, ETH has proven itself time and again as a force to be reckoned with.
Now, as the market sentiment turns increasingly bullish, it's the perfect time to consider going long on ETH. This exciting surge towards $2100 presents a golden opportunity for you to ride the wave and potentially reap substantial profits. Whether you're an experienced trader or just starting out, this is a chance to capitalize on the upward momentum and be part of the ETH success story.
So, how can you take advantage of this thrilling moment? It's simple! By going long on ETH, you can position yourself to benefit from its anticipated rise to $2100. Don't let this opportunity slip through your fingers. Seize the moment and make a move that could potentially transform your financial future.
Here's your call-to-action: Act today and open a long position on ETH. Whether you prefer trading on a reputable exchange or utilizing a reliable trading platform, make sure you have the tools and resources necessary to capitalize on this exciting market movement. Remember, timing is crucial, so don't delay!
Join the growing number of ETH enthusiasts who are eagerly anticipating its ascent to $2100. Let's ride this wave of excitement together and make the most of this incredible opportunity!
If you have any questions or need assistance in getting started, feel free to reach out. I'm here to help you navigate this thrilling journey towards $2100 and beyond.
Ethereum (ETH) Price Targets $2,500 As Exchange Outflows Hit $1Ethereum (ETH) price climbs above $20,90 backed by increased risk appetite among 200 largest whales who now hold over 50% of ETH’s available supply.
Ethereum price has been bullish since the pullback to $1,900 earlier this week which had been triggered by the saga surrounding the ouster of the founder and the CEO of Binance, Changpeng Zhao. Most cryptos rolled back as investors reacted to the developments at the largest crypto exchange by volume.
Ethereum Price At A Crossroads
The four-hour chart shines a light on the current technical situation, where Ethereum price is facing resistance from a likely double-top pattern. Therefore, higher support, as established from the fundamental aspect of the market, is paramount for the continuation of the uptrend to $2,500.
If Ethereum price bows to selling pressure due to the double-top pattern a swing low could follow to sweep liquidity possibly as far as $1,900 ahead of the next breakout.
However, the Relative Strength Index (RSI) reveals that buyers have the upper hand. With a strength of 66 and still trending north, a return to the overbought region is plausible and could invalidate the bearish theory for a quick rebound above $2,500.
Will Ethereum (ETH) Maintain Its Upward Trend Ethereum (ETH)
Ethereum is currently trading within a broad sideways range between the support zone of $1,852-$1,915 and the resistance zone of $2,090-$2,141. Despite showing promising growth on November 10, Ethereum has not yet updated its yearly high.
Currently, Ethereum's primary objective is to maintain its upward momentum. Beyond the existing resistance zone, there's a seller's level at $2,200, and further up, the $2,300 mark stands as the next target for buyers.
A potential correction in Bitcoin's chart could similarly impact Ethereum's price. If a downturn occurs, Ethereum might test lower support levels at $1,790, $1,705, and in the range of $1,630 to $1,672. It should be noted that Ethereum's price corrections could be more severe compared to Bitcoin's. Nonetheless, Ethereum has a higher potential for an upward trend.
ETHUSD Road to $2529 part 2last night Ethereum drop to fibonacci 0.618 support at $1961
with this price action, bullish continue and perform a new fibonacci pattern with a new symetrical triangle.
Opening a long position at symetrical triangle support have 3 target :
1. $2101 at symetrical triangle resistance (intraday setup)
2. $2252 at fibonacci 1.618 projection
3. $2398 at symetrical triangle projection.
with this target, ethereum getting closer to our main target at $2529.
Don't forget to like this analysis,
If you have any question, do not hesitate to contact me
Your support at this analysis will also support ETHUSD to reach bullish target
Click here to check my other analysis
ETH's Phenomenal Bullish Flag and Your Chance to Long ETH!Ethereum (ETH), that unstoppable force of innovation and decentralized potential, has just experienced a jaw-dropping bullish flag after an outstanding breakout. This unprecedented event has set the stage for an extraordinary opportunity, and I couldn't contain my excitement any longer - it's time for you to long ETH!
A bullish flag breakout is like witnessing a majestic creature soar high above the clouds, defying all limits and embracing its full potential. It's an adrenaline-fueled rally that propels ETH to new heights, and guess what? That time is now! With this awe-inspiring bullish flag, ETH's potential knows no bounds; it's soaring skywards, ready to rewrite the history books once again.
But what makes this breakout even more thrilling is the dawn of a new era for Ethereum. With the launch of Ethereum 2.0 just on the horizon, we are witnessing a groundbreaking transformation that will revolutionize the world of decentralized finance and elevate ETH's value exponentially.
Now, fellow traders, it's time to seize this incredible moment. Let your excitement power your actions! Take your stand, and join the long ETH movement without hesitation. This is your opportunity to be part of a revolutionary journey, a journey that could change your financial landscape forever.
So, don't let this extraordinary bullish flag fade away without taking a leap of faith. Remember, legends aren't created by sitting on the sidelines - they are made by seizing the opportunities in front of us. Long ETH today and become part of this awe-inspiring story that's unfolding before our very eyes!
ETH Breaks Through $2000 with Blackrock's New ETH ETF!
I'm thrilled to share that Ethereum (ETH) has just shattered the $2000 mark, and the excitement doesn't end there. Blackrock, the renowned investment management firm, has recently announced the launch of their brand-new Ethereum Exchange-Traded Fund (ETF). This development is a game-changer for the crypto market and presents an incredible opportunity for all of us.
ETH's breakthrough beyond $2000 is a testament to its growing popularity and widespread adoption. With the backing of Blackrock, a giant in the financial industry, this milestone further solidifies Ethereum's position as a leading digital asset. The launch of their ETH ETF is a clear indication of the increasing institutional interest in cryptocurrencies and the immense potential they hold.
Now, you might be wondering, what does this mean for you as a trader? Well, it's time to seize the moment and consider going long on ETH! The combination of ETH's remarkable price surge and the introduction of Blackrock's ETH ETF opens up a world of possibilities. It's an ideal time to capitalize on this bullish trend and potentially reap substantial profits.
So, why should you consider long positions on ETH? Here are a few compelling reasons:
1. Institutional Confidence: With Blackrock's entry into the Ethereum market, it's evident that major financial players are recognizing the long-term value and potential of ETH. This institutional confidence can act as a catalyst for further price appreciation.
2. Market Momentum: ETH's recent breakthrough is a testament to its growing demand and market momentum. As more investors flock to Ethereum, the upward trend is likely to continue, potentially leading to even greater gains.
3. Diversification: Adding ETH to your portfolio provides diversification, reducing risk and offering exposure to a rapidly expanding asset class. With Blackrock's ETH ETF, you can now access Ethereum's potential without directly holding the underlying asset.
Now is the time to take action and make the most of this exciting opportunity. Consider long positions on ETH, keeping in mind your risk tolerance and investment strategy. As always, it's essential to conduct thorough research and consult with your financial advisor before making any investment decisions.
Remember, the crypto market is known for its volatility, so it's crucial to stay informed and adapt your strategy accordingly. Keep a close eye on market trends, news updates, and any regulatory developments that may impact the crypto space.
Wishing you a prosperous journey as you navigate the exciting world of cryptocurrencies!
Happy trading!
ETHEREUM: $2K POSSIBLE!!!Hello Traders,
Let's dive into an Ethereum update in a 2-day timeframe.
Ethereum has been on a remarkable upward trajectory for the past 20 days, and we're yet to see any significant correction in the market. While we've all been anticipating a healthy correction, it appears that ETH still has some momentum left to potentially reach the $2,000 mark. Looking at the chart, it's evident that Ethereum has broken above the resistance trendline, setting the stage for a potential move to $2,000, where we encounter robust resistance. In the event of a correction from this point after reaching $2,000, I anticipate ETH could retrace to the support range of $1,750 to $1,800.
Key Takeaways:
1. The $2,000 mark may be on the horizon if the bullish trend continues.
2. We're still awaiting a market correction.
3. Expect potential support around $1,750 to $1,800.
That wraps up this update. I trust you've found this information valuable. This video is for educational purpose only, do not consider this as financial advice. Please show your support by liking, sharing, and subscribing.
Thank you for your time, and happy trading!
ETH ☀️ 24-Hour & 1-Week Outlook - We're Going Up? Mixed trading conditions on the global crypto market in the next 24 hours. 🌦️ Cloudy bearish trading conditions ☁️ lie ahead for Bitcoin, Ripple’s XRP, Cardano, and Binance Coin, while ☀️ sunny bullish conditions lie ahead for Ether, Litecoin, and Dogecoin.
Over a one-week horizon, the ☀️ sun will shine over the entire crypto sphere, indicating strong upside potential. Only Polkadot is set to face a ☁️ cloudy bearish trend, as ATTMO shows.
Follow us for more crypto weather reports!
Ethereum / Bitcoin Trying to Find a SupportEthereum's current pullback presents an intriguing scenario.
The BITSTAMP:ETHBTC price seems to be seeking support in the range where it retraced during the mid-summer of 2022.
Currently hovering around 0.05, this level stands as a crucial support zone.
If Ethereum maintains above this mark, a potential climb to 0.058 and beyond becomes feasible.
On the flip side, dropping below 0.05 might extend the downtrend. The next moves are uncertain, so stay tuned and observe the market dynamics closely.
Total Crypto While everyone will be looking to go to NEW HIGHS this next bull run.
I would advise caution.
I would recommend everyone watch for these other two scenarios and worry about them 1st.
#1. Quite possibly you see a Lower high in the range of $2t as shown by the first level marked in red line.
#2. I would watch for a DOUBLE TOP on Total.
Until both of these scenarios are invalidated I would recommend paying closer attention to them for your reality on WHEN to take profits vs only thinking about the Euphoric Valhalla ending.
