ETHAt weekly chart ETH is around 2500.
2100 is a major (weekly/monthly) support we can retest 2100 to 2200 level again in few weeks before bull run.
1st target would be around 3000 & 2nd would be 3500 weekly/monthly resistance.
Ethlong
ETF Approved, but why weren't you more bullish on ETHAll it took was some simple ratio analysis
To long ETH and to realize that the ETF was priced in, with virtually no impact on the market.
Well for now at least.
Spot long, of-course.
I don't trade, nor should 99.9% of people in this market environment.
Wonder why hundreds of millions get liquidated every time and people still ape in, with leverage.
They get rekt. Simple.
The short-medium term market direction is unclear but all I know is my long term bags are doing well and going to the moon for the long-run.
Just zoom out the timeframe
Its going to go up, just hold and have a set outline and quantitative backing
ETH Bullish ☀️ 24H & 1W Horizon; XRP Bearish ☁️? Sell Now? Ethereum, Litecoin, and Cardano are likely to profit from a bullish sun in the next 24 hours. ☀️ On the other hand, Ripple’s XRP and Avalanche are also likely to face downward pressure ☁️
Over a one-week horizon, bullish sun will shine over a larger part of the crypto universe, however, XRP, Avalanche, and Polkadot will still be facing bearish clouds, signaling further downside risk. ☁️
Follow us for more crypto weather reports!
#ETH/USDT
#ETH
The price is moving in a bearish flag on the 4-hour frame
There is an equal probability of it breaking in both directions
Current price 2268
The target is up 2453
The target in case of decline is 2129.20
Btc to Eth etf narrative longI can see eth bid up with confirmation of btc etf, pulling trigger here
BTC Dominance . What's the next play? I'll show you mineNext narrative is ETH ETF trading around that. BTC dominance is plummeting. Alts go up when BTC dominance drops. ARB and RNDR looking good. You can also do a play on ETH. I prefer the layer 2's as the have bigger moves.
Ethereum goes to 2460In the daily chart of Ethereum, the upward trend has started and the first price target of 2460 is ahead.
ETH about to move with ETHBTC stophunt of cycle lows??Stophunt of old points of resistance and support can often lead to a reversal
Now that price has grabbed potential liquidity and stops set for previous lows.. price can now reverse. ETHBTC has hunted that liquidity grab or stophunt as we call it. That gives it room to now reverse.
Failed breakdowns can fail fast
If this breakdown does fail then have to be prepared that failed move fails fast. This is likely to be from a strong ETH breakout. If that is the case then ETHUP products may have a great deal of upside.
If the breakdown continues then dont want to be caught
Watch out for price going back below the point of reversal as it could drag lower and dont want to be stuck in the losing position
2024 is the year of $ETH and $ALTS!ETHBTC pair is showing a weekly divergence (not confirmed until weekly candle close).
If the RSI divergence forms, we can expect ETH/BTC to rally to its previous ATH until June, and possibly discovering new highs after that (if the narrative doesn't change).
I have to mention that with the current status of the market and many people shifting to other L1s, This ETH/BTC strength may fail. So Vitalik, come on!
ETH - Perfect Broadening Wedge 5 Count w/Beautiful Volume#Ethereum
A prefect textbook Wyckoff Reaccumulation Broadening Wedge, with volume in all the right places
ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH update from Crypto Sanders.
Chart Analysis:- As we are seeing Eth in the daily chat, upside heads and architecture artifacts have been created and these hard and soliders have been broken and doing the latest, we can expect about 30% to 35% from here. are are. maybe pumped
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
ETHUSDEthereum is trading above strong support at $1924. This is a good sign that gives ETH every chance to achieve the second and third goals.
But in any case, you need to keep an eye on Bitcoin, because Ethereum is directly controlled by the Bitcoin trend. Now Bitcoin is below its big resistance.
Don't forget to show your support by like(rocket) and comment✅
Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️
KP3R big move on the way 🚀A bullish divergence occurs when prices fall to a new low while an oscillator fails to reach a new low. This situation demonstrates that bears are losing power, and that bulls are ready to control the market again—often a bullish divergence marks the end of a downtrend.
Next bull run will be mind blowing cuz there’s a whole lot of project that will do 100x NASDAQ:SLP #KP3R 🌪️⏳
ETH/USDTEthereum is the second largest cryptocurrency after Bitcoin, Currently, it is trading at $2222.83 with a total market cap of $267.392 billion. Ethereum presents a promising outlook as it undergoes a consolidation phase, fluctuating between the levels of $2156.89 and $2411.32 for approximately 32 days. The potential for a favorable entry arises if it manages to surpass the critical level at $2411.32. Noteworthy upper levels have been marked, with an optimistic scenario envisioning ETH reaching $3539.64. Caution is advised in this highly volatile market, emphasizing the importance of implementing a stop loss to secure funds against unforeseen fluctuations and market risks.
In simpler terms, Ethereum seems to be in a favorable position for potential gains, moving within a certain price range for about a month. If it successfully breaks through a specific level, there could be an opportunity for investors. However, due to the unpredictable nature of the market, it's crucial to use protective measures, like setting up a stop loss, to safeguard investments from unexpected market changes.
"Ethereum Technical Analysis: Potential Bullish Breakout from FEthereum update
Ethereum is currently trending within a rising channel, as shown in the chart. It has formed a falling wedge pattern, similar to one it made a few weeks ago, and bounced by approximately 19% according to the pattern.
If Ethereum breaks out of this wedge, it is likely to bounce by almost 19% again. However, if it breaks out of the rising channel, the chart will be invalidated.
In the event that Ethereum does break out of the wedge, it would be a good opportunity to open a long position.
Stay tuned; I will keep updating
#ETHUSDT LONG#ETH
Since the beginning of December, Ethereum has been moving well, breaking the patterns it created
On a 4-hour frame, breaking the downward trend of corrections
We now have a break in the downtrend for correction and the beginning of an expected rise
Current price 2300
Expected target 2437
This rise is supported by bullish momentum
And strong support areas
ETHEREUM NAME SERVICE HEAD AND SHOULDERS PATTERN - 14.6$ TARGET!Upon analyzing the Ethereum Name Service (ENS) vs USDT, we've discovered an amazing Head and Shoulders Pattern in the Macro Overview that would take us arround 14$ , and can be extended towards 16$ .
These targets do also match the Fibbonaci 1.618 retracement from the highs on July to the lows of October.
This pattern is breaking at the moment and Backtesting the resistance as as support of 9.5$.
This is looking insane for a short term explosion!!!
Don't miss it out.
ETHUSD OUTLOOKListen up, eth will be king one day. It's a sleeping giant. Don't invest into these pump and dump coins, instead accumulate eth and live like a king one day.
I took a long position. how about you?stop: 2265
tp1:2455 ---30%
tp2:2550---20%
tp3:2645---30%
tp4:2900
Eth LongEth has broken out of the trainable in daily time frame. Wait for retest and then enter
entry: 2325
tp: 2377
sl:2250
ETH - Liquidity Grab Then Bounce On Top Of Support #ETH Update
Once again history seems to rhyme.
Now that the bears have been picked up and feel like we're going to $500 we can tap support and rocket up through all their stops and a patch of almost no resistance until our next station.
Ethereum Takes the Spotlight - Crypto's Shifting Winds 🤖🚀 Ethereum Takes the Spotlight - Crypto's Shifting Winds 💡🌐
Hey everyone, Professor here! First off, wishing you all a joyous holiday season and a Merry Christmas! 🎄 As we gear up for the new year, let's dive into the crypto charts, focusing notably on Ethereum (ETH).
📊 Ethereum's Strategic Position
Ethereum has recently emerged as a standout in the crypto landscape. Veering away from Bitcoin, which has been our usual start point, Ethereum presents a fascinating opportunity. The analysis, based on the same message chart used since 2021, suggests promising potential for ETH. The key support levels to watch are at 23.62 and a lower bracket at 23.24. The intermediate support within the channel is particularly critical for a bullish stance.
🚀 Ethereum's Targets
The targets for Ethereum are ambitious yet calculated. We're looking at ascending to levels of 2545, 2650, and potentially up to 2918. A stretch goal remains at 3500, but we approach this with a step-by-step strategy.
🔍 Ethereum vs. Bitcoin Analysis
Switching to the ETH/BTC chart, we notice a significant wedge formation. The anticipation is high for this resistance to break, which aligns with my projection of over 73% confidence. Once Ethereum cracks this barrier, which could happen in the next 24 to 80 hours, I foresee a notable rise against Bitcoin.
🤓 Technical Insights & Solana's Influence
The Ethereum Improvement Proposal (EIP) 4844 is a key factor to consider, which could propel ETH further. The relative early move in Ethereum, as observed in the OP, suggests a shift in focus towards ETH. Additionally, the Solana vs. Ethereum dynamics indicate a potential 40% rise in Ethereum against Solana in the coming weeks. This reinforces our Ethereum-centric approach.
📈 Bitcoin's Current Stance
Bitcoin, though not our primary focus now, still plays a pivotal role in the broader market context. It's currently moving sideways, with support at 42,291. The resistance is pegged at 43,200, and an eventual target around 46,000. This level is crucial as it represents a major resistance, and a breakout could lead to significant movements.
🌐 Other Altcoins in Focus
Matic: Following Ethereum's lead, Matic is another contender, with a next target at 1.7.
Cardano: The breakout target remains at 1.19, but we're currently not aggressively pursuing this.
Avax: Shows potential with support at 40, suitable for strategic trades.
Link: On a steady climb, aiming for 19.6, but caution advised due to distant support.
GRT, STX, and SNX: Display varying degrees of potential, each with specific considerations.
🔎 Ethereum: The Focal Point
In conclusion, Ethereum stands out as the star player in our current analysis. With various technical and market factors aligning, ETH seems poised for significant movements. Remember, these are insights based on my analysis and should be approached with due diligence.
One Love,
The FXPROFESSOR 💙
For further reading:
Vitalik Buterin's ideas to simplify Ethereum's Proof of Stake model: www.coinspeaker.com
Ethereum's potential to outperform Solana and other cryptos: cointelegraph.com
#ETHBTC - #Wyckoff & #Volume & #Divergences & #Sentiment#ETHBTC
The Broadening Wedge has a track record of being one of the most brutal patterns for emotional Traders to navigate, but if we peel back the layers to see what's happening of actual importance, that's when things start to get really interesting, IMO.
This is very possibly a textbook Wyckoff bottom. It's presenting all the signs of what we want to see plus #ETHBTC has a history of combining extremely low sentiment with ruthless patterns.
But once again just focus beyond the noise of PA and we can see what is volume or lack thereof in all the right places, paired with stacked divergences.
Nothing is 100% certain in this place, but based on probabilities gauged over history and the rest of the story, I know what I'm doing...
