#ETH AnalysisIt looks like #Ethereum is targeting $2,200 on September 14th. #ETH www.tradingview.comby ahmed_albalooshi66668
ETH SHORT "BEARISH PENNANT"Hope my chart analysis helps traders make wise decisions when trading ETH. I see a "bearish pennant" of course on a smaller time. A quick tip: You can tell which timeframe a pattern is on according to its size; I think it's on a 30min-1hr timeframe. I forget. The date and time symbol has no significance expect for the fact it may drop down to its support level (green line). I'll improve my chart and idea analysis & better descriptions in the future. Happy trading everybody!!!!!Shortby calvinharrison2023224
Still waiting for ETH.ETH trades around $2.46k, potentially losing short-term support. Closing below $2.42k could mean a retest of $2.34k - $2.37k. by RayneOnChain1
ETHEREUM Higher Timeframe AnalysisBy looking at the weekly chart on Ethereum, we have noticed that Ethereum is still in its corrective phase. The correction phase is made of 3 waves ( A, B, and C ). As you can see, we have finished waves A and B and we are now in the final wave ( wave C ). Expecting this wave to be completed between the lows and the -0.27 Fibonacci level where we'll be looking to ride the next impulse. Will be focusing on catching the bearish moves until we reach our buy zone. Don't forget to hit the like bottom if you like this idea and interested to see shorter timeframe analysis.by Tradenessfx6
ETHEREUM Closed August above 1M MA50, keeping bullish case aliveEthereum (ETHUSD) may have completed three straight red months (1M candles) but despite the recent correction, managed to close August above the 1M MA50 (blue trend-line), in spite of touching it earlier within the month. This is a key Support level as it also held during the August - October 2023 bottom formation, initiating the multi-month rally up until March 2024. This makes it a long-term Support and as long as it is holding, it is keeping ETH within bullish territory. At the same time, the price also held the 0.5 Fibonacci retracement level from the Cycle bottom. The last time that happened was during the previous Cycle in September - October 2020. After it held, this kick-started the Cycle's Parabolic Rally to just above the 1.5 Fibonacci extension level. As a result, as long as the 1M MA50 is holding, we can expect the next High to be as high as 11500, even though 8k would seem more reasonable in terms of market cap and thus feasible as a long-term Target. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot5549
ETHEREUM Chart Update - Important Price Action ahead!!We are continuing to reject off of our orange strong selling algorithm on the buy-side; But, we are approaching our more tapered red and bullish white which have both shown signs of potentially controlling price on the buy side. We now wait for the sell-side to start proving itself which in-turn will begin the disproval process of orange and allow for a breakout there. Happy Trading :)05:47by ReigningTrades5
ETH USD LongA movement from Nov/ Dec 2022 might be repeating in real time. Always keep in mind that this game is a waiting game not a trading game. My goal is to trade once or twice a month maximum. I always want to be in a waiting position, not a trading position. The estimated time period for this trade, is 2 to 3 weeks from now. Longby moesalama5
Aug.27-Sep.2(ETH)Weekly market recapBTC volatility decreased after BTC gave back the gains from the Jackhole meeting. Currently, the number of stablecoins in the market continues to grow, getting closer to ATH, but there are few market hot spots except memes. After the staking storm passed, we saw the meme rise again. Whether it is Pump.fun on Solana earlier or Sun.pump that appeared on Tron recently, we can see that both large and small entities have turned their attention to memes. Four.meme backed by Binance also began to develop on the BSC chain, trying to capture the popularity after the release of CZ. For the crypto market, except for emergencies, market volatility suffocates any trader, and people can only grow their wealth through memes. The market only transfers wealth and does not create value. Risk assets have fully priced in a September rate cut, and even if there is some difference in value, monetary policy is unlikely to bring additional volatility. This Friday, the U.S. Department of Labor will release the latest NFP data. Unless there is a significant deviation from expectations, risk assets will maintain their trend. Beyond that, the cryptocurrency’s performance relative to NDX remains affected by ETF flows. The volatility of ETH last week was greater than that of BTC, but the overall volatility remained volatile. Trading volume is sluggish. The indicators are consistent with the reaction of BTC. No whales have participated in the past seven days of trading, and the ME indicator maintains a bearish trend. To sum up, we believe that ETH is weaker than BTC. This is also reflected in the capital flows of the ETH ETF. We maintain our original resistance level 2800 and support level 2400. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.by Sypool1
ETHEREUM Risky Short! Sell! Hello,Traders! ETHEREUM went up and Is now retesting a horizontal Resistance level of 2575$ And we are already seeing a Local bearish reaction so We will be expecting a Further local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals224
Ethereum 8-Year Rising Wedge: Bearish Break Out!In previous ETH analyses I talked about this huge 8 year wedge pattern on the ETH chart. Where my initial takes were bullish, we've seen a bearish break out as of last week. From a neutral point of view, this is 100% bad news. ETH will likely fall more and move towards the 1000$-1500$ area (yellow). Might be a hot take, but most alts have been performing extremely poor recently and are down 60%-80% from their 2024 tops. Bitcoin is holding up relatively well, but that's because the BTC dominance increased by a factor of ~1.4x this year. Money is flowing out of alts (including ETH) and moving to stables and BTC. What do you think? Will ETH drop more, or go back up?Shortby FieryTrading121227
ETHUSDT SellEthereum H4 consolidation. It's Time to retest support zone. 2377 level is bearish target. Risk reward 1/3. Good luck! Shortby ilia.gobadze2
ETHUSD - Another leg downtextbook wyckoff, outlows in ETH are posting record numbers... big drop incomingShortby thelifeIlead_1
Ethereum Long-Term Outlook: Bullish Breakout PotentialThis chart of Ethereum (ETH/USD) on the weekly timeframe indicates a significant bullish potential in the medium to long term. The price action appears to be consolidating within a symmetrical triangle pattern that began forming in early 2022. Typically, symmetrical triangles are neutral patterns, but given the prevailing bullish trend leading into this formation, a bullish breakout seems more probable. Key Observations: 1. Symmetrical Triangle Pattern: The price has been making higher lows and lower highs, indicating a compression that is characteristic of a symmetrical triangle. A breakout is anticipated, which could result in a strong upward move. 2. Volume Profile Support: The volume profile to the right shows significant accumulation in the current price range, suggesting strong support and potential for an explosive move once the price breaks out of the triangle. 3. RSI Bullish Signals: The Relative Strength Index (RSI) is also showing bullish signals, bouncing from the oversold territory multiple times. Each time, the RSI remains above the key level, indicating sustained buying pressure even during pullbacks. 4. Previous Major Resistance Levels: The yellow trendline above marks the previous high, which will act as a strong resistance level. A break above this level could propel Ethereum towards the upper resistance channel, potentially aiming for the $13,000 range, which is aligned with historical resistance and the projection from the triangle’s height. Prediction: If Ethereum can maintain support within the triangle and break above the upper trendline, we could see a sharp move towards the $13,000 to $13,500 range. This would represent a substantial gain from current levels and could be the beginning of a new major bullish cycle. However, traders should watch for volume confirmation on the breakout and be cautious of potential false breakouts. Disclaimer: This is not financial advice, and all trades should be made based on your own analysis and risk tolerance.Longby ImmortalEmerson5510
ETHUSD (H4) : NEXT BULLISH TREND MAY REACH TO 3500.00$??????????ETHUSD (H4) : NEXT BULLISH TREND MAY REACH TO 3500.00$?????????? BITSTAMP:ETHUSD The chart for ETH/USD (Ethereum to US Dollar) which I had analyzed shows a detailed technical analysis. Initially, there is a little bit downward trend, followed by a consolidation phase within an “Accumulation Range.” This range highlights two key points in the bullish range: a “Reaction High Target” at the top and a “Low Risk Target” at the next top. The chart then projects future price movements with an upward trajectory, indicating a potential rise to a “High Risk Target,” followed by a decline back into the accumulation range, and then another ascent towards a higher “TARGET” zone. The volume bars at the bottom show increased trading activity, suggesting heightened interest in ETH/USD. 📈💹 BITSTAMP:ETHUSD LIKE👍, COMMENT 💬 & FOLLOW ➕, these figures can encourage me to analyze more efficiently for you. My all followers are requested to support me, comment my ideas and share your thoughts in comment box and new comers are invited to follow and support me.by Ali_ExplorerUpdated 5517
ETHUSD Daily LongA long I will try to take on ETHUSD, believe we could see a drop down there and would like my chips to be ready for the possibility. Longby hokblake112
ETHUSD: Awaiting Breakout - Is Ethereum Poised for a Surge?Trend: Descending trend line - Awaiting breakout Resistance Target 1: $2,551.00 Resistance Target 2: $2,596.80 Watch Point: Ethereum is nearing key resistance. A breakout above the descending trend line could trigger a strong upward move.Longby GlobalMarketGuru0
ETHUSD SHORT ENTRYETHUSD reached the 4H supply zone last week and make a change of character in a 15M timeframe. Price making liquidity zones just below our POI so I am confident that the price will go to our POI and sell from there and target will be the most recent swing low for 1:6-R:R. This is just based on my own analysis Trade at your own risk!Shortby TraderSammy19981
Ethereum still in accumulation zone, what's next?After Ethereum has been in a downward channel, it breaks the sequence at point #4, which remains in the accumulation range from previous days. This zone is extremely important because, as you can see, it has been moving within this area for several days, which means that the price could gain strength at any moment and start a bullish run. But NOTE: as long as the price remains within the channel, there will be no bullish run. We need to wait for the price to break out of the downward channel to confirm that it is heading back to the supply zone. Thank you for supporting the analysis. ETH is at a point where adding a position might be considered; let’s hope the price makes a decision soon. Thankyou for supporting my analysis i invite you to visit my analysis on Bitcoin Use bitcoin price movement as a base of all the crypto market trend. Best Regardsby RocketMike1111
ETHEREUM - WHO'S READY FOR THIS CRASH?Although this idea might sounds weird but following the technical theories, we can expect Ethereum to melt down easily to the 1600 level. According to Elliot wave theory, we are now in wave 3 in a downtrend. What we are looking for is try to catch the final leg of this wave. Will keep the way of entering for those who support this idea. So let's hit at least 20 likes and I will share how can we enter with solid stoploss.by Tradenessfx227
$ETH $ETHUSDyieaahh getting a bit crypto maniac 1. tested previous breakout zone top of Wave 1 2. dropped in clear A-B-C, it's easy as 1,2,3, as simple as do-re-mi 3. just like it could be a weird deep wave 4, it could be a big wave 2. This could spice things up. - wave 2s enjoy kissing 61% retracement, and this one did so on C. 4. Would like to see RSI print lower low while price staying above previous low to set a divergence here on the Weekly. Few hours left on the weekly candle. getting our jetpacks ready? yieaahhLongby rubfigue222
Ethusd forecast Hi traders. We have an Engulf above of the chart. It's sign of market direction. Price must start uptrend in towards of Engulf Longby FoxForexVIP4
ETHUSD: Market Is Looking Down! Sell! Welcome to our daily ETHUSD prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 2,456.7 Wish you good luck in trading to you all!Shortby XauusdGoldForexSignals223
ETH Next major supportEth Bat 1800 Zone, next major support level before lower comesShortby MartyG-OD332