#ETHUSDT Daily ChartPrice is currently still trading inside the daily breaker zone with no major movements. MACD is showing bullish weakness and EMAs are neutral. If price breaks the $2,510 area then we would expect it to tap into the daily demand around $2,350 before potentially moving up again. by saviour250
ETH breakout??Ethereum has generally been falling behind this Bullrun with some disappointing PA. Currently RTH finds itself able to prove some LTF strength with a breakout play on the 15m timeframe. After trending to the downside over the weekend ETH has hit a bullish OB and reacted well off that level that coincided with the bottom of the channel. Price has now broken out to the upside, retraced to test that level as new support and it's here where R;R is strong should ETH show some strength and push upward. Some points of confluence would be the 200ema now trending up and is at the same support level as the trendline, I'd like to see good support here. Easy invalidation would be a break in structure at the local low, along with a loss of the 200ema & trendline support. BTC's behaviour also a factor in this move too as it always is when HTF chop occurs. by ProR351
ETH PriceA falling channel pattern was noted, and ETH price faced bearish pressure and struggled to maintain momentum. by TheCoinRepublic0
Ethereum's Bullish Surge: Prepare for Massive Gains!Bullish Scenario: The chart shows a significant resistance zone between $2,750 and $2,825 (highlighted in blue). If Ethereum breaks above this resistance, it could indicate a potential bullish continuation. After breaching the resistance, the price may target the $3,000 psychological level, followed by $3,086, as indicated by the horizontal level. If Ethereum continues to create higher lows, this would confirm the strength of the upward momentum. Bearish Scenario: The green zone around $2,519 to $2,564 represents a key support level. If Ethereum fails to sustain above this level, it could fall back to test lower supports. A breakdown of the green support zone could lead to the next support $2,439. In a more bearish case, the next target could be around the orange support area between $2,117 to $2,172, indicating a larger sell-off.Longby TheCryptoCity8
$ETH/USDT Trading IdeaCRYPTOCAP:ETH formed an interesting structure. Ascending channel inside descending channel. Keep an eye on this mid. range +/- $2600. If the price climbs towards the upside my next potential target would that mid. range of descending channel +/- $2790; +/- $2800. Remember, bearish scenario is always on the table.by planfomo4
Ethereum (ETH): Looking For Break of EMAsEthereum has still not broken the zone of EMAs here, which is a little concerning, as if we do not see any clean break in 24 hours, this idea will be invalid and we will have to look for a possible movement to upper zones here! Swallow Team Shortby SwallowAcademy444
Ethereum (ETH): Buyer Struggle To Hold Zones Closer To 200EMAEthereum did nothing special so far where price is still below EMAs where buyers try to lead a price to 200EMA where buyers are most likely waiting to sell and give a resistance. This is our plan so far; we might see some slight move to upper zones but overall we are looking for the price to fall back to zones of $2,250. Swallow Team Shortby SwallowAcademy1
Ethereum Stuck in Upward Expanded Triangle: What's Next?Ethereum is moving in the Expanded Triangle in the 4-hour time frame. Examining the Ether chart in the 4-hour timeframe, we conclude that Ethereum is moving in an upward Expanded Triangle pattern and is now in the middle of this pattern. As can be seen, the last ceiling that Ethereum was able to register did not reach the ceiling of the said pattern. This movement shows the increase in sales pressure and the decrease in the power of buyers. Ethereum can move towards the two support levels identified at $2,531 and $2,451 to get the liquidity it needs. Also, if the bottom of the pattern is broken, we can expect Ethereum to move towards the important support area of $2,148-$2,200. Do you think Ethereum will be able to break out of the Expanded Triangle pattern? Shortby parhamnb0
ETH, recent pump barely scratching the surface MASSIVE MOVE NEXT ETH recent pump was an indication of things to come -- good things. The coin went from 1700 to 1900 within 72 hours -- indicating that a longer shifting trend is about to materialize. Based on recent news, low supply of ETH is being detected on most exchanges depicting a bullish scenario for the coin. On weekly data, new higher lows was created both on Histogram and pricing -- conveying the recent ascend with the current price range to be the new base for the incoming significant price growth. Weekly data price movement volatility has been on the conservative side hinting that for every higher low it established -- it is creating a solid support range. On Tri monthly data -- it is hinting of the same bullish continuation scenario. Surging price valuation on longer time spectrum. A bubble up volume has finally appeared after 5 months of waiting, last one was on January 2023. Expect significant price valuation for ETH in the next coming weeks. The weekly chart is too clean, direction is certain -- no further explanation needed. Spotted at 1850. TAYOR Safeguard capital alwaysLongby JSALUpdated 5537
ETHUSDT Near Resistance - Expecting a Downward CorrectionETHUSDT is currently testing a descending trendline, which has acted as resistance in previous instances, as shown by the two prior rejections marked by red arrows. The price is hovering near $2,650, with a potential move towards $2,740 if short-term bullish momentum continues. However, based on the chart pattern and market behavior, there is a high likelihood of rejection near the $2,800 mark, leading to a bearish correction. The projected scenario suggests that if ETH is rejected from the trendline, it may revisit the support zone around $2,300 - $2,200. The market remains cautious as traders await key macroeconomic data that could influence risk assets, including crypto. This trend aligns with the broader market's volatility and concerns around interest rates and global economic uncertainty. In summary, ETHUSDT could see a short-term increase before likely encountering strong resistance, prompting a downward move towards the support range. Traders should be alert to price action near the $2,800 level for possible trend reversals.by Suyouu3
ETH IdeaETH I would love to short BTC, but while it is retracing, ETH is consolidating in a raising channel, usually it leads to a downward moveby AlbertoTheTrader1
$ETH On The Edge: Short Trade With Major ConfluenceTrade Thesis: Ethereum (ETHUSDT) is flashing several bearish signals that suggest a potential significant downside move. With Bitcoin ( CRYPTOCAP:BTC ) in a short-term downtrend, ETH appears poised to follow suit. Here's why this setup could be a high-probability short opportunity. Technical Analysis: Strong Overhead Resistance at $2700: Key Resistance Level: ETH rejected off the $2700 area, a significant resistance area that's previously halted upward movements. High Volume Node (HVN): This level coincides with a High Volume Node, indicating heavy trading activity and potential selling pressure above this price. Price Crossed Below VWAP and HMAs: VWAP Break: ETH has dipped below the VWAP, signaling a shift toward bearish momentum. 30 & 60 Hull Moving Averages (HMAs): Trading beneath the 30 and 60 HMAs adds to the bearish outlook. Bitcoin's Downtrend Influence: BTC Correlation: Bitcoin's decline sets a negative tone for the crypto market, increasing the likelihood of ETH moving downward. Market Sentiment: A bearish BTC often leads to selling pressure across major altcoins like Ethereum. Potential Support Levels: Minor Support at $2500: Watch for temporary support around $2500. Major Support at $2350: A significant support zone with another HVN lies near $2350, which could be the target area for this short. Attractive Risk-to-Reward Ratio: Stop Loss Options: Place a stop loss at $2700 (conservative) or $2750 (aggressive), based on your risk appetite. Take Profit Target: Aim for the $2400 area, offering a 1:1.5 or 1:2 risk-to-reward ratio, depending on stop placement. Trade Setup: 🔹 Entry Point: Consider entering a short position below $2600 (below the strongest HVN area) 🔹 Stop Loss: Set at $2700 or $2750. 🔹 Take Profit: Target $2400 or $2350. Key Indicators to Watch: VWAP and HMAs: Sustained trading below these may confirm the downtrend. Volume Trends: Increasing sell volume can strengthen the bearish case. Bitcoin's Movement: BTC's price action will likely influence ETH. Conclusion: ETH is teetering on the edge, with multiple technical factors pointing toward a potential pullback. The convergence of strong overhead resistance, bearish moving average crossovers, and Bitcoin's downtrend creates a compelling short setup. Trading is about probabilities, and these aligned signals boost the confidence in this trade idea. Enjoyed this analysis? Smash thE follow for more exclusive insights and high-probability trade setups! 🚀 Shortby Willell13671
Ethereum About To Collapse Toward $1,000We are looking at Ethereum and things are not good, support is being challenged... How are you feeling today my fellow Cryptocurrency enthusiast? I hope you are having a great Monday. The week is just starting and we are looking at the weekly timeframe. Ether (ETHUSDT) produced three weeks of green while challenging MA200 as support. The more often a support level is challenged, the weaker it becomes. MA200 was challenged first in August and this produced a strong price bounce. But then it was challenged again in early September and then again and again, three consecutive weeks this level was challenged but it held as support. Now, prices moved up but there is no bullish momentum. Prices moved up after MA200 was confirmed as support but there is no volume. So we are going to see another move down, another test of MA200 weekly and this time this level is very likely to break because of the major, long-term lower high. Notice that Ethereum is in a major bearish trend, lower highs and lower lows. Once a support level breaks, the next major support area is tested to see if it holds. If it holds, we can see the end of the bearish move and the start of a new bullish move. If it breaks, we can see the continuation of the bearish move and lower prices. The most relevant level below MA200 sits around $1,500 and $1,750, this is the next target. Now, if panic sets in and people start to sell en-mass, even lower prices become possible and this would activate the low $1,000 price range. We are talking about $1,000 and $1,200 or a wick below 1K. This is a wait and see, but the market is bearish and moving down next. Prepare for the crash. The entire market will feel the force of this down-wave. Hopefully, this will be the last crash of 2024 and the end of the corrective phase. After this move, we are set to experience long-term growth. The correction in November is sure to produce a higher low. Namaste.Shortby AlanSantana15
Ether is flashing a long signalHey traders! We're keeping a close watch on ETHUSD for a potential upside reversal and have added it to our watchlist. Here’s why: ETH is sitting at the bottom of the Bollinger Bands on the 30-minute chart, suggesting a potential bounce. On the daily timeframe, it's holding above a key dynamic support area, signaling a bullish bias. Even though the broader stock market shows weakness (which often correlates with crypto), BTC and ETH are still attracting investor interest, especially with global geopolitical tensions and central banks’ loose monetary policies. As always, do your own research and manage your risk carefully!Longby Quantili0
Ethereum longEthereum bounced off the lower boundary of ascending channel. Bullish movement to resistance level at 2700 is possible.Longby Cryptobees_buzz0
Ethereum Stability Amid Market Volatility and Promising OutlookAccording to the latest data, the Stochastic Oscillator reveals a divergence between price action and market momentum. While the price of Ethereum has experienced higher lows, the oscillator shows a lower high. This divergence suggests a strong possibility of a bullish reversal, meaning Ethereum’s price could rise after bouncing off its support levels. This pattern is a positive signal for Ethereum traders, especially those looking for buying opportunities during the current dip.Longby AlgoVesting1
Ethereum update#Ethereum Analysis Update As expected it's started it's rally towards it's new ATH Holded the support zone and facing a small resistance towards $2728. A small pullback around $2500 and again it's good to go for a #Bullrun2024by OfficialCryptoTraders3
ETH FOR SCALPERS AND DAY TRADERS *1000 Points **Entry price ,stoploss and Target already marked in the chart itself FYI. Guys pls like, share and follow my ideas . Thank You AllLongby profits2winUpdated 0
Ethereum (ETH): Possible Zone of Rejection Near 200EMADaily timeframe is looking interesting where price is slowly approaching the zone of EMAs (from where we want to see a good rejection to happen). If all plays out nice, then we should see a good 15% of downward movement from here! Swallow Team Shortby SwallowAcademy1
$eth short ETH/USDT Short Setup (2H Chart) short opportunity on ETH/USDT based on current market structure. Entry Zone: Around $2,637 to $2,650 (bearish order block & resistance). Stop Loss: Above $2,697 (just above the order block). Take Profit Levels: TP1: $2,580 (support & FVG fill). TP2: $2,440 (major support zone). Rationale: Market Structure Shift (MSS): Clear bearish shift in price action. Fair Value Gap (FVG): Price might pull back to fill this gap before continuing downward. Bearish Order Block (OB): Price has rejected from this area, making it a solid resistance zone. Liquidity: There's buy-side liquidity already tapped, and potential for sell-side liquidity to be reached around $2,580 or lower. optimal risk-reward. Shortby origami_capital330
Ethereum's bigger trend is bullishFrom where we inserted the green arrow on the chart, Ethereum has started to create a bullish diametric. Now the F wave is over and Ethereum is preparing itself to move in the form of a G wave. By maintaining the green range, it can be pumped towards the targets listed on the chart. This means altcoins are bullish for at least 60-80 days Closing a daily candle below the invalidation level will violate this analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You by behdark5525
Ethereum (ETH): Reaching Important ZoneEthereum has reached the most important zone for the coin, which will determine the next major movement for it. We are keeping all of our attentions here at $2,800, which upon breaking it will result in a good upward movement to upper trend line but if we see a rejection from there and a failed breakout, then we will test the lower trend line most likely (where sellers will try to break it) Swallow Team by SwallowAcademy3
how to predict short selling..#Bitcoin #EthereumHello trader's here is your trade analysis confirmation for prediction for short seling in etherum.. Bola tha na previous post mai selling ayega 4-5 hours mai mere circle se .. Did you trade or missed my post so don't forget to follow.. Shortby ForexTradeer1