Ethusdanalysis
🔄 Ethereum (ETH) Analysis: Oversold Conditions,Potential RetestAn analysis of Ethereum (ETH) highlights oversold conditions, potential retest, and resistance levels, providing insights for market participants.
Key Observations:
Current Price: Ethereum is noted to be trading at around $2,290 and is considered oversold on the daily timeframe.
Potential Retest: The analysis suggests that the price could be on its way to test the $2,400 - $2,500 area of resistance once again.
Resistance Levels: This is the same area where the price faced rejection last week, indicating a key resistance zone.
#Ethereum #CryptoAnalysis #OversoldConditions
ADA Bullish ☀️ Ahead; BTC, ETH 🌧️Bearish clouds and rain 🌧️ linger over Bitcoin and Ether in the next 24 hours and over a one-week horizon, indicating a downside risk.
Smaller altcoins such as Cardano, Binance Coin, and Polkadot will, on the contrary, benefit from a bullish sun ☀️, signaling additional upside potential. 🚀
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ETH 🐻ish 24-Hr and 1-Week Forecast; ☁️ LoomingBearish clouds ☁️🐻 linger over the global crypto market in the next 24 hours, indicating that profit-taking lies ahead. However, Uniswap and Chainlink have upside potential, ATTMO shows. ☀️
Over a one-week horizon 📅, the bearish trend will continue to weigh on Ether, Litecoin, Ripple’s XRP, Cardano, and Polygon ☁️🐻. As for Bitcoin, a strong sun ☀️, signaling very bullish trading conditions, will shine over the crypto token. The sun ☀️, although less bullish, will also shine over Binance Coin, Avalanche, and Dogecoin.
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ETH MacroI have enjoyed my Macro BNB post, occasionally checking it and pressing play on the chart to see how PA is behaving IAW my expectations.
So here is one for ETH...
I am not a bear, I am the Honey Badger, I chart what I see and surf the waves.
This count is Valid, if you disagree, I invite a healthy debate to enable all of us a more holistic understanding of the market!
Trade Safe.
#ETH/USDT
#ETH
The price trades in a channel and respects the limits of that channel on a 3-day frame
The price is currently at the 1790 level. It is expected that the price will reach the 1984 level and then the 2210 level
The price is expected to bounce from the 2210 resistance level
The current rally is supported by upward momentum
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ETH → Mad Dash to $2,500? Or Rejected to $1,800? Let's Answer.Ethereum is at a crucial moment in its journey to break the $2,100 resistance area. We're currently in an ascending triangle, a bullish pattern, knocking on the resistance zone door. Will it break through?
How do we trade this?
If you are not in a trade right now, do not enter one. We should not be longing resistance nor should we be shorting without a sell signal and confirmation. Wait for a break of resistance followed by a test of resistance as support to long. To short, we need a clear sell signal bar and confirmation candle closing on or near its low.
Until then, let's see where the price action goes. FOMO (Fear of Missing Out) is your worst enemy. You're making more money by not falling for the seduction of market profit.
Trade Idea
Long Entry : $2,250
Stop Loss: $2,127.50
Take Profit: $2,495
Risk/Reward Ratio: 1:2
Key Takeaways
1. Ascending Triangle, Bullish Signal!
2. Strong Support on Daily 30EMA.
3. At Resistance Zone, Do Not Long Here!
4. RSI above Moving Average and around 60.00. Bias to Long.
5. Use caution, watch for a reversal signal!
You are solely responsible for your trades, trade at your own risk!
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ETHUSD $2361 targetCRYPTOCAP:ETH break down channel up, but failed to break fibonacci support
bullish target from this position at $2361.92
If fibonacci failed, we have another support at $2199 classic support
And $2100 major support.
My opening position :
Long : 2234.99
target : 2361.92
Stoploss : 2217
used equity : $16.5
target profit : $70.5
Profit percentage : 706%
PnL : 7
Hedging :
rebuy1 : 2199 (same target and percentage loss ratio)
rebuy2 : 2100 (same target and percentage loss ratio)
ETH ETHEREUM Technical Analysis And Trade Idea ETHUSDLately, ETH has displayed a strong bullish trend. This video thoroughly examines and dissects this trend, closely analyzing price movements and identifying potential trade prospects by assessing various scenarios within the weekly and daily timeframes. Anticipate an in-depth exploration of price behaviors, market formations, trend assessments, and critical technical analysis components. It's crucial to emphasize that the content shared is solely for educational purposes and should not be interpreted as financial advice.
ETH Bullish 24-Hour Forecast ☀️ $2,500 Coming?A bullish sun ☀️ continues to dominate the skies over the global crypto market in the next 24 hours, indicating further upside potential for Bitcoin, Ether, and many altcoins. These bullish conditions will persist over a one-week horizon, according to ATTMO.
Exceptions are Avalanche, Binance Coin, and Uniswap which will face bearish clouds ☁️ and downside risk in the next 24 hours, as well as Ripple’s XRP and Uniswap over the coming week.
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ETH - SHORT TERM | MID TERM OUTLOOKETH
As we can see here we are in a bearish consolidation pattern which is not speaking with the rest of the market - Is ETH wrong or is ETH the leading indicator?
Being unbiased looking at the data i will have to make the assumption we are going to have a pull back - Rising wedge and rejecting off of our top trend line for the third time sitting alongside a strong resistance\support zone - i am expecting a break down of this wedge at some point if we are able to break above then the markets really turn bullish and we can look for the highlighted box for eth MID term target zone - Altcoins will follow ETHs moves exponentially
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.
ETHUSD Payback time :))CRYPTOCAP:ETH Still in stong bearish from the effect of small dump at BTC (previous analysis),
sadly my stoploss hit T_T
Right now ETH hit fibonacci support inside an ascending triangle pattern. This is bullish continuation pattern, target from this fibonacci are at $2216.66, but my target only at resistance pattern $2137
My plan are simple, buy with 2% risk at $2009.04 (fibonacci) and rebuy with 2% risk at support around $1973.36
with target 75% close at target 1 and close all at target 2.
If I got more support at this analysis, i will update more frequently in every key level.
click here if you wanna check my previous analysis
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 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
"Ethereum Price Targets a 5% Increase, Testing $2,141 High"The price of Ethereum (ETH) is poised for a 5% increase, aiming to test the highest level within the $2,141 range before a potential correction. The trend-breaking tool continues to play a supportive role as a key level, with immediate support standing at $2,029, maintaining its position above the ETH peaks. Similar to Bitcoin, the RSI indicator is on the verge of crossing above the signal line, indicating the potential for an upward move.
However, if sellers take control, Ethereum's price could fall into the supply zone, acting as a trend-breaking tool, confirming a continuation of the southward movement by breaking and closing below the midpoint of this order block at $1,935.
The downturn may extrapolate, causing Ethereum's price to bring the trend-breaking tool back into the supply zone below the support level of $1,864.
ETH Looks Bearish; ☁️ Hovering Over - 24 DowntrendBearish clouds ☁️ linger over the global crypto market in the next 24 hours, signaling a downward trend for Bitcoin, Ether, and altcoins. Only Dogecoin sees a slightly bullish ☀️ break, hinting at upside potential, per ATTMO.
Over a one-week horizon, the ☀️ will return, shining over much of the crypto universe. Altcoins like Avalanche, Ripple’s XRP, Polkadot, and Polygon face lingering bearish clouds. ☁️
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