#ETH turns from weak to strong?📊#ETH turns from weak to strong❓
🧠We rebounded after stabilizing in the first overlapping support area, which shows that the support here is very effective and it is difficult to fall. Compared with other coins, ETH's previous performance is really too weak, so it is gradually turning strong.
➡️The limit order at the first support level was cancelled last night because BTC has not reached the support area I want to pay attention to, so there is still a possibility of further correction.
👀At present, I still need to observe further developments. If we can break through the previous high and then build a short structure and fall down, then we can participate in new long transactions in the new overlapping support area.
Be more patient☕️
🤜If you like my analysis, please like💖 and share💬 BITGET:ETHUSDT.P
ETHUSDTPERP
Need to check the movement in the 3252.0-3462.49 box section
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-------------------------------------
(ETHUSDT 1D chart)
The 3265.0-3321.30 section is an important support and resistance section.
Therefore, since the HA-High indicator is showing signs of being created at the 3317.73 point, the key is whether it can receive support and rise near this section.
If it falls below 3243.80,
1st: MS-Signal (M-Signal on 1D chart)
2nd: 2895.47
You need to check whether there is support near the 1st and 2nd above.
-
If the HA-High indicator is newly created, the box section is also newly formed, so you need to check the appearance after the HA-High indicator is created.
In addition, since the BW(100) indicator was created at the 3414.49 point, the 3414.49-3438.16 section is likely to act as a resistance section.
-
You need to check the position when the StochRSI indicator falls to the overbought section and switches to a state where StochRSI < StochRSI EMA.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
I used TradingView's INDEX chart to check the entire section of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market.
Accordingly, the bull market is expected to continue until 2025.
-
(LOG chart)
Looking at the LOG chart, we can see that the increase is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we do not expect to see prices below 44K-48K in the future.
-
The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
That is, the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to it.
Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role.
The reason is that the user must directly select the important selection points required to create the Fibonacci.
Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies.
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
-----------------
#ETH's support zone?📊#ETH's support zone❓
🧠From a structural perspective, the daily target zone has been achieved, so it is reasonable to make corresponding adjustments. At present, a short structure has been constructed in the red resistance zone, and the target of this structure has not been achieved, so we need to be vigilant about the risk of further decline.
➡️However, it is currently near the short-term support zone, and it is unreasonable to chase the short position. The main trend is still a bullish trend, so it is mainly bullish. The next support zone worthy of our attention is 3100-3200
➡️Yesterday's long order, we set the break-even after locking in 80% of the main profit, and was eventually swept away. The last section of the rise is to see who runs faster. The overall profit is good. Congratulations.
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BINANCE:ETHUSDT.P
ETH/USDT BUYING ZONE FOR SCALP AND SWING TRADES.Eth/Usdt did very in last few days and pumped a lot and we can see a lot of volume is coming in this coin. Curently is going down but its a simple move to grab liquidity from lower sides which I have marked and also to trap retail trader, I have marked entry zone and DCA line on the chart.
A great opportunity for ETH to take the lead
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Please click "Boost" as well.
Have a nice day today.
-------------------------------------
(ETHUSDT 1W chart)
The BW(100) indicator on the 1W chart is showing signs of being newly created.
Accordingly, the point of observation is to check where the BW(100) indicator on the 1W chart is created and whether the price is maintained above that point.
Currently, we need to check for support around 3438.16, which is the BW(100) indicator point on the 1M chart.
-
(1D chart)
It is touching the Fibonacci ratio of 0.618 (3548.07) and is located near 3.438.16.
Accordingly, the key is whether it can be supported and rise near 3438.16.
-
If it falls below 3265.0-3321.30, it is important whether it can be supported and rise near the MS-Signal (M-Signal on the 1D chart) indicator, just like BTC.
However, since I think that the decline of ETH has a larger fluctuation range than the decline of BTC, we need to find a countermeasure to see if it can be supported and rise near 2895.47.
-
In any case, I think this decline of BTC is a great opportunity for ETH to take the lead and rise.
Therefore, it is an important point to watch whether the price can rise above 3644.71 and maintain its price during this period of BTC's sideways decline.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend.
Accordingly, the upward trend is expected to continue until 2025.
-
(LOG chart)
Looking at the LOG chart, you can see that the upward trend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, it is expected that prices below 44K-48K will not be seen in the future.
-
The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
In other words, it is the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, it is expected that this Fibonacci ratio will be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to this.
If the ATH is renewed, there are no support and resistance points, so the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as support and resistance.
The reason is that the user must directly select the important selection points required to generate Fibonacci.
Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous to use it for trading strategies.
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
-----------------
Key Support Area: Around 3265.0-3321.30
Hello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
-------------------------------------
(ETHUSDT 1D chart)
The key for ETH right now is whether it can get support around 3265.0-3321.30.
If it gets support, ETH is expected to show an upward movement to renew the ATH.
-
As I mentioned in this BTC idea, since BTC is expected to show a slight downward sideways movement, I think it is likely to show an upward movement if it gets support at this time.
-
If it falls below 3243.80 and shows resistance, it is important to see if it can rise after receiving support near the MS-Signal (M-Signal on the 1D chart).
If not, it can fall to around 2895.47.
-
The final buy zone for ETH is around 3644.71, but if possible, it is recommended to buy below 3438.16.
The reason is that if the price starts to rise, it is likely to rise while shaking up and down.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015.
That is, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend.
Accordingly, the uptrend is expected to continue until 2025.
-
(LOG chart)
As you can see from the LOG chart, the uptrend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we expect that we will not see prices below 44K-48K in the future.
-
The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
In other words, it is the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
How to view and respond to this is up to you.
When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance.
This is because the user must directly select the important selection points required to create Fibonacci.
Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies.
1st : 44234.54
2nd : 61383.23
3rd : 89126.41
101875.70-106275.10 (Overshooting)
4th : 134018.28
151166.97-157451.83 (Overshooting)
5th : 178910.15
-----------------
ETHUSDT Bullish Flag Pattern!ETHUSDT Technical analysis update
ETHUSDT is trading inside a bullish flag pattern. The price could touch the flag's support line again, with the 100 EMA acting as strong support at the bottom of the flag before moving higher. A bullish move can be confirmed once the price breaks the flag pattern.
#ETH reaches its target📊#ETH reaches its target✔️
The expected goal was achieved, and the holdings were reduced by 40%-50%.
If we refer to the trend of BTC horizontally, will we make up for the rise? Will we challenge the historical high? Let us use the remaining holdings to look forward to these possibilities. 🙏
The total spot holdings have achieved a return of 30%+, congratulations to everyone💰🍻
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BINANCE:ETHUSDT.P
ETH’s Next Move: Is $3,600 Within Reach for This Bull Run?Hey Realistic Traders, Is BINANCE:ETHUSDT About to Make New High Again? Let’s Dive In....
On the H4 timeframe, ETHUSDT rebounded above the 38.2% Fibonacci level, marking the completion of wave 4. Within this wave, a symmetrical triangle pattern formed and recently broke out above the upper trendline. This breakout was further confirmed by a bullish MACD crossover, signaling increasing momentum and strengthening the case for a continued upward move.
Based on these technical signals, I anticipate a potential upward movement toward the first target at $3,376 . After reaching this level, a minor pullback is likely before the rally continues toward a new high at $3,684.
This outlook remains valid as long as the price holds above the stop-loss level at 3,008.
Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below.
Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Ethereum.
If the price is maintained above 3321.30, ATH is possible
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If you "Follow", you can always get new information quickly.
Please also click "Boost".
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-------------------------------------
(ETHUSDT 1D chart)
It has broken through the important resistance area of 3265.0-3321.30.
Accordingly, if it shows support near 3321.30, it is expected to continue to rise.
In other words, the key is whether it can break through the 3438.16 and 3644.71 points.
If it does, it is expected to continue to rise to renew the ATH.
I think this rise is meaningful because I think that for the altcoin bull market to start, the rise of ETH must start first.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems that it has been maintaining an upward trend following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market.
Accordingly, the bull market is expected to continue until 2025.
-
(LOG chart)
Looking at the LOG chart, you can see that the increase is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, it is expected that prices below 44K-48K will not be seen in the future.
-
The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
In other words, it is the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, it is expected that this Fibonacci ratio will be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to this.
If the ATH is renewed, there are no support and resistance points, so the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as support and resistance.
The reason is that the user must directly select the important selection points required to generate Fibonacci.
Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous to use it for trading strategies.
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
-----------------
BTC Leads, ETH Follows: New ATH Ahead?Bitcoin Leads, Ethereum Follows: Will History Repeat This Bull Run?
During the 2020 bull run, Bitcoin (BTC) reached its all-time high (ATH) of $20,000 while Ethereum (ETH) lagged behind, trading at just $600. When BTC surged to $42,000 (more than doubling its previous ATH), ETH gained momentum and broke its previous ATH of $1,400. Historically, Bitcoin has always led the market during bull runs, with altcoins like ETH following once BTC enters a long consolidation period.
This pattern seems to be repeating. When BTC recently hit a new ATH of $73,000, ETH was trading at $3,200. If BTC begins another consolidation phase at $100k, we can expect Ethereum to push towards a new ATH, alongside strong bullish moves in other altcoins. As history shows, Bitcoin's consolidation often serves as a catalyst for Ethereum and altcoin rallies.
BINANCE:ETHUSDT BINANCE:BTCUSDT CRYPTOCAP:ETH CRYPTOCAP:BTC
Regards
Hexa
ETH needs to rise for altcoin bull market to start
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If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
-------------------------------------
Altcoins are rising by more than 30%, so it seems that the altcoin bull market will start, but in fact, I think the altcoin bull market has not even started.
(ETHUSDT 1M chart)
It is showing a movement that seems to be turning into an uptrend by touching the MS-Signal (M-Signal on the 1M chart) indicator and rising.
However, it cannot be said that it has turned into an uptrend because it has not maintained the price by rising above HA-High (3321.30), BW (100) (3438.16).
HA-High, BW(100) indicators indicate the high point range.
Therefore, in order for a full-scale uptrend to begin, the price must rise above the HA-High, BW(100) indicators and be maintained.
If not, I think it is highly likely that it will end as a rebound rather than an uptrend.
-
ETH is the second largest coin in terms of market capitalization after BTC.
Therefore, I think that ETH must first maintain an uptrend for an altcoin bull market to begin.
A few coins (tokens) are showing a large increase, but looking at the overall flow of altcoins, it seems that they have stopped rising and are now moving sideways or starting to show a downtrend.
-
(1D chart)
Therefore, I think what we should look at importantly is the movement of ETH.
1st: 3039.57-3076.0
2nd: 2895.47
The key is whether it can rise with support near the 1st and 2nd above.
-
The MS-Signal (M-Signal on the 1D chart) indicator is rising near 3039.57.
Therefore, volatility is expected to occur when the MS-Signal (M-Signal on the 1D chart) indicator is touched.
Currently, since it is maintaining the status of M-Signal on the 1D chart > M-Signal on the 1W chart > M-Signal on the 1M chart, I think it is more likely to show an upward trend.
Therefore, if the price rises above 3321.30 in the volatility that will occur this time and maintains, it is expected that an upward trend to renew the ATH will begin.
If ETH starts to rise to renew its ATH, I think it is highly likely that the altcoin bull market will begin.
In order to do that, I think BTC needs to confirm its support.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been rising since 2015 following a pattern.
In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market.
Accordingly, the bull market is expected to continue until 2025.
-
(LOG chart)
Looking at the LOG chart, you can see that the rise is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, it is expected that prices below 44K-48K will not be seen in the future.
-
The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
In other words, it is the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, it is expected that this Fibonacci ratio will be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to this.
If the ATH is renewed, there are no support and resistance points, so the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as support and resistance.
The reason is that the user must directly select the important selection points required to generate Fibonacci.
Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous to use it for trading strategies.
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
-----------------
Whether it can rise above 3265.0-3321.30 is the key
Hello, traders.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day today.
-------------------------------------
(ETHUSDT 1D chart)
What we should be interested in is whether it can rise above 3265.0-3321.30.
Also, since the StochRSI indicator seems to have touched the oversold zone, whether it can receive support near 3039.57 is also the key.
-
If it falls below 3039.57,
1st: 2895.47
2nd: 2666.70
We need to check if it can be supported near the 1st and 2nd above.
-
If it rises above 3265.0-3321.30, I think it is highly likely that the upward trend will continue to renew the ATH.
However, it is expected that the first hurdle will be whether it can break through the 3438.16-3644.71 range.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems that it has been maintaining an upward trend following a pattern since 2015.
That is, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend.
Accordingly, the uptrend is expected to continue until 2025.
-
(LOG chart)
As you can see from the LOG chart, the uptrend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we expect that we will not see prices below 44K-48K in the future.
-
The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
In other words, it is the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
How to view and respond to this is up to you.
When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance.
This is because the user must directly select the important selection points required to create Fibonacci.
Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies.
1st : 44234.54
2nd : 61383.23
3rd : 89126.41
101875.70-106275.10 (Overshooting)
4th : 134018.28
151166.97-157451.83 (Overshooting)
5th : 178910.15
-----------------
Point of observation : Whether it can rise above 3265.0-3321.30
Hello, traders.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day today.
-------------------------------------
(ETHUSDT 1D chart)
The HA-High indicator is moving and showing signs of being created.
Accordingly, we can see that a high point section is being formed.
Therefore, whether there is support near the point where the HA-High indicator is created is an important key.
Currently, the HA-High indicator is expected to be created at the 3039.57 point.
-
The 3265.0-3321.30 section is a section composed of the HA-High indicators of the 1W and 1M charts.
The 3438.16 point is the BW(100) point of the 1M chart, and the 3644.71 point is the BW(100) point of the 1W chart.
Therefore, it is expected that it will move to renew the ATH only if it rises above 3644.71.
-
Since BW(0) is formed at the 2895.47 point, if it falls below 2895.47, there is a possibility that it will turn into a downtrend, so caution is required when trading.
--------------------------------------------
The creation of the BW(100) line means that the decline has begun.
Therefore, the key is whether it can maintain the price by rising above the point where the BW(100) line was created.
If not, there is a high possibility that the decline will begin.
The BW(100) line, like the HA-High indicator, indicates the high point range.
Therefore, if it falls below the HA-High indicator after the BW(100) line is created and shows resistance, it is highly likely that a full-scale downtrend will begin.
This downtrend may stop when it touches the HA-Low indicator or the BW(0) line, which are paired indicators.
Before that, it may touch important support and resistance points and rise, so you must draw support and resistance points on the 1M, 1W, and 1D charts.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that a full-scale uptrend will begin when it rises 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 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start by forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
-----------------
Will ETH Fill Its CME Futures Gap at $3,000?ETH CME futures gap between the $3,000 and $3,150 levels is expected to be filled before a potential upward movement. Historically, 95% of CME futures gaps have been filled, suggesting that this pattern may repeat. The $3,000 level serves as a strong psychological support for ETH, and once the gap is filled, a significant bounce from the $3,000 level can be anticipated.
BINANCE:ETHUSDT BINANCE:ETHUSDT.P BITSTAMP:ETHUSD
Regards
Hexa
If it rises above 3438.16-3644.71, it is likely to renew the ATH
Hello, traders.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day today.
-------------------------------------
(ETHUSDT 1W chart)
The 3438.16-3644.71 section is an important support and resistance section.
If it rises above this section and maintains the price, it is expected that there will be a movement to renew the ATH.
-
(1D chart)
To do that, the key is whether it can rise with support near 3265.0-3321.30.
Currently, since the HA-High indicator of the 1D chart is formed at the point of 3787.59, it is highly likely that a full-fledged uptrend will actually begin when it rises above the HA-High indicator of the 1D chart.
Therefore, we can proceed with additional purchases when it shows support near the 1st and 2nd levels above.
If it falls after receiving resistance near the 1st and 2nd levels, the 2895.47 point is expected to be an important turning point based on the current price position.
-------------------------------------------
The longer the BW indicator rises to the 100 point and remains there, the more the pressure for a decline increases.
In order to reduce this pressure, you must sell in installments.
However, in a bull market like the current one, selling in installments is also difficult, so you should use a method of placing a reservation sell order at a point where it seems that it should not fall below this point.
A sharp movement up and down is a signal that the bull market is ending.
Since BTC has currently risen by more than 10%, it can be seen that there has been a sharp rise.
Therefore, we must prepare for a sharp decline.
When a sharp decline occurs, you should sell in installments to secure profits and buy more to maximize profits.
These transactions are ultimately determined by how you place the reservation order.
Since ETH has not yet updated its ATH, you can use the support and resistance points drawn on the 1M, 1W, and 1D charts.
Therefore, you should set the importance of the support and resistance points and place a split trading reservation order accordingly to prepare for the decline.
Currently, the important support area for ETH is 2895.47-2912.45.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that the full-scale uptrend will start after rising above 29K.
The area 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 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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ETHUSDT Bullish Move Expected from Major Support LevelsETHUSDT Technical analysis update
ETH is trading at a key support trendline, where it has been consolidating for the past 90 days. The 100-day and 200-day EMAs are acting as strong support levels on the weekly chart, further reinforcing this area as a significant foundation for price stability. Additionally, a previous resistance level has now turned into a strong support, strengthening the likelihood of an upward move. Given these indicators, a bullish move could be anticipated from the current levels if buying pressure increases.
#ETH Ascending Triangle 📊#ETH Ascending Triangle 📈
🧠From a structural point of view, we broke through the staged resistance zone, and the resistance zone turned into a support zone.
➡️From a graphical point of view, we formed an ascending triangle near the support zone. Generally, the appearance of this pattern in an upward trend means that the upward trend is nearing its end, which means that the probability of our continued rise is high, so it is worth participating in some long trades
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BINANCE:ETHUSDT.P
ETH CME Futures Gap Filled Ethereum's CME futures gap, which had been present for around 90 days, has finally been filled. Typically, CME futures gaps tend to act as magnet levels, drawing the price back to fill these gaps over time. This time, ETH took about three months of consolidation before returning to fill the gap at the $3000 level.
Filling this gap can signal renewed momentum. As history has shown, once a futures gap is filled, price can either continue the trend or establish a new support/resistance area around the gap level.
Regards
Hexa
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.P
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
Hexa
The point of interest is whether it can escape the box section
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(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.
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(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.
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(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.
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Have a good time.
Thank you.
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- 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
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ETH Next Target: $5,000ETH technical analysis update
ETH's price touched the trend support line on the weekly chart and has bounced 20% from it. The price also touched the April resistance level at $2,150, which is now acting as strong support.
Price dropped below 30 RSI in day chart, this could indicate the bottom for ETH. The 100 and 200 EMA act as agood support for ETH in weekly chart. We can expect a significant bullish move from the current level, with the potential to reach a new all-time high in the coming months.
Regards
Hexa