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ETHUSDT

Let's hope ETHEREUM DOES NOT do THIS 😨BINANCE:ETHUSDT Ethereum is looking bullish after a strong bounce and a successful retest of the support zone at 2800. According to all Fibonacci logic, we SHOULD be hitting the 1.618 zone SOON. But we're not out of the woods just yet. There's a risk of a very bearish pattern forming IF we cannot close the daily ABOVE our previous resistance zone. This would form a nasty M-Pattern that could takes us back to 2800 and even lower. Technical indicators are extremely bullish right now, but this does not guarantee that sellers aren't waiting for us around the corner at 4000. Naturally, we can expect ETH to keep on following BTC closely over the next week. If Bitcoin makes another leg up, Ethereum will soon follow a day or two later. _______________________________
Long
by CryptoCheck-
ETF approval will pump ETH price to a new ATHHi everyone, After consolidation within 3000 - 2800 support area Ethereum price skyrocked on the news about possible ETH ETF approval. Few days ago ETH ETF has been approved and Ethereum price continue to rise even though Bitcoin price is slowly declining. If Bitcoin price won't dump in the coming days then I expect Ethereum rise at least up to local high at 4080 price level but even if there will be some correction on Bitcoin I don't think that ETH price will significantly dump. There is one thing to note about ETH ETF. Even though it was approved, the real trading will start at least one month later, so there is room for Ethereum price to go up or down before ETF trading starts. But overall ETF approval is a higly bullish news for Ethereum and most likely it will pump its price to new all time highs. Please, do not forget to boost this idea & share it with your friends; thanks.
Long
by Real_CryptoRoy
9
ETHEREUM → The coin comes to life. Target 4,000?BINANCE:ETHUSDT is forging a retest of the key support area. On the background of NFP publication, the coin grows following the flagship - BTC and tests 3130. We are waiting for a retest of 3200. An interesting promising candlestick pattern is forming on W1 on the background of the retest of the key support, which is the resistance of the previously broken ascending channel. The Chart clearly shows how the market is gathering liquidity at the expense of sellers, which is generally an encouraging pattern with the goal of further growth. On D1 it is worth paying attention to the triangle boundaries, as well as to the 3200 area, a breakout and subsequent consolidation above which will form a strong bullish potential that can continue to grow to the interim high of 4086, as well as to the ATH. Support levels: 2900, 2812 Resistance levels: 3200, 3350 Technically and fundamentally, ETH has a good potential. The phase of realization of the accumulated energy can be activated at the breakout of 3200. Also, on a bullish trend symmetrical triangle is a good and potentially promising pattern. Regards R. Linda!
Long
by RLinda
25
May.21-May.27(ETH)Weekly market recapLast week, the SEC unexpectedly approved the ETH ETF. Although it is still some time before the launch of the ETH ETF, the cryptocurrency market has entered a carnival. ETH started pumping, narrowing the gap with BTC in terms of gains. We believe that although the ETH ETF has been approved, the pledge utility of ETH will still make the SEC cautious about ETH. On the other hand, we saw last week that Donald Trump, the Republican candidate for the 2024 election, stated that he would accept donations from cryptocurrencies, support the development of cryptocurrencies in the United States, and ban CBDCs if the campaign is successful. This is also the reason why meme coins based on Trump have risen recently. If Trump eventually becomes President of the United States, cryptocurrencies will see an even bigger rise. ETH has performed well last week, with a price increase of nearly 30%, mainly due to the approval of the ETH ETF. Before last week's long green candle appeared, we can see from the MBF indicator that ETH's bottom-buying sentiment was sluggish. But after the ETF was approved, everything changed. On the WTA indicator, blue columns representing whales appear in groups, and trading volume also increases significantly. The wavy area of the ME indicator, which was about to turn into a bearish signal, has once again widened. For ETH, it is currently close to the high point of the year which is also a strong resistance level of 4000. In summary, we believe that the gradually increasing selling pressure will cause ETH to fluctuate this week. Based on the strengthening bulls, we raise the resistance level to 4000 and maintain the original support level 2800. 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.
COINBASE:ETHUSD
by Sypool
Ethereum price performance analysis | 27.05The bullish reversal in the Ethereum price trend from the $2850 mark leads to a falling wedge breakout and completes a rounding bottom. With a neckline at the swing high of $4000, the altcoin is preparing for a breakout rally. The bullish trend continues in ETH price with a 5% surge within 72 hours, potentially completing a triple white soldier pattern today. With buyers asserting dominance above $3900, the bull run chances above the $4000 psychological threshold increase significantly. The bullish crossover in the MACD and signal lines reflects a minor pause as the histograms decline. Further, the daily RSI line turns flat near the overbought boundary, reflecting the minor consolidation below $3900. As per the Fibonacci levels, the ETH price could aim for the $4698 level as the next target. Further, if any Ether ETF listing leaks this week, a bull run to the 1.618 Fibonacci level at $5841 is possible. WHITEBIT:ETHUSDT
Long
by paul_endeo
1
ETH: Approaching ResistanceTrade setup : Price is in an Uptrend. Following a bullish breakout from a Descending Triangle pattern, price spiked up 25%, broke above $3,700 resistance and is approaching our near-term target of $4K. It's a bit overbought (RSI ~ 70). Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break above $4K to signal continuation of uptrend, with +17% upside potential to its ATH of $4,700, or 2) pull back near $3,750 key level for another swing trade entry in Uptrend with upside potential back to $4K . Learn to trade chart patterns in Lesson 8 and set Stop Loss levels in Lesson 9. Pattern : Price is Approaching Resistance , which is a level where it could pause or reverse its recent advance, at least temporarily. Resistance is often a level where price got rejected in the past, or potentially prior Support level that was broken. (concept known as polarity). Once price breaks above resistance, it can advance higher to the next resistance level. Learn to trade key levels in Lesson 7. Trend : Short-term trend is Strong Up, Medium-term trend is Strong Up and Long-term trend is Up. Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is Overbought currently, based on RSI-14 levels (RSI > 70). Support and Resistance : Nearest Support Zone is $3,200.00, then $2,930.00. Nearest Resistance Zone is $4,000.00, then $4,800.00.
Long
by altFINS
ETH LONG TERM IDEAHello, We have exciting news and insights to share with you! With the potential approval of the Ethereum Spot ETF, we foresee significant movements in Ethereum’s price over the long term. Our detailed analysis and forecast are illustrated in the attached chart, providing you with a clear vision of what might be ahead. Ethereum Long-Term Price Outlook Current Situation: As of now, Ethereum is trading around the $3,900 mark. The market has shown resilience, and with the anticipation of the Ethereum Spot ETF approval, we expect significant bullish momentum. Key Levels to Watch: Based on our analysis, here are the critical price levels to keep an eye on: • $4,396.48: This is our first major resistance level. Breaking through this could set the stage for further upward movement. • $4,819.93: The next resistance level, which could be a crucial point for Ethereum’s medium-term growth. • $5,374.45: Breaking past this level could signify strong bullish sentiment, potentially driving prices even higher. • $6,070.12: This level represents a significant milestone, indicating a strong upward trend. • $6,443.16: Our long-term target, which we believe Ethereum could reach following the positive momentum from the ETF approval. Technical Insights: The attached chart shows Ethereum’s price action and key resistance levels. The descending trendline that Ethereum has been facing is a critical barrier. Breaking through this trendline with strong volume and support from the ETF news could propel Ethereum to new heights. Why This Matters: 1. Institutional Adoption: The approval of the Ethereum Spot ETF would signal increased institutional interest and confidence in Ethereum, likely driving more investment and adoption. 2. Market Sentiment: A positive decision from the SEC can boost overall market sentiment, not just for Ethereum but for the entire crypto market. 3. Long-Term Growth: With increased institutional participation, we could see sustained growth and stability in Ethereum’s price, making it a valuable addition to any investment portfolio. We recommend keeping a close watch on the market and these key levels. As always, our team at CryptoSignalAPP is here to provide you with the latest insights and updates to help you navigate the crypto market effectively. Stay ahead of the curve and make informed decisions with CryptoSignalAPP! Best regards
Long
by CryptoSignalAPP
Ethereum- Nice bullish chart structure indicates 5kLike BITSTAMP:BTCUSD and much of the crypto market, COINBASE:ETHUSD is also in a strong uptrend. A correction began in March and concluded at the beginning of May. After breaking out of the corrective falling wedge, the price rose again to the 4k zone, with a high likelihood of breaking above this important level at this moment If this occurs, I expect Ethereum to reach a new all-time high around 5k or even higher. I remain bullish as long as the price stays above 3.5k.
COINBASE:ETHUSDLong
by Mihai_Iacob
eth → a little bit downward and the an upward movementhello guys... Ethereum has formed a knife-down pattern so we can anticipate a downward movement toward 2942$ level. but as I published before the main trend is bullish in the ethusdt coin. ___________________________ ✓✓✓ always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Long
by melikatrader94
11
If Ethereum Can't Break These Levels, Then....Traders, I have a pretty good record for calling these inverse head and shoulders patterns before they are fully formed. I am not saying for sure Ethereum will form this inverse head and shoulders pattern but if it doesn't, then it will need to break above those resistance levels I have drawn and confirm. If it can't do this on the daily, then I have a hunch this inverse h&s will complete itself. Ethereum leads the altcoin market rn. So, depending on where your bet lies, you may want to offset some risks and take profit here as we begin to consolidate/accumulate for another bull run. Stew
COINBASE:ETHUSD
by stewdamus
2
ETH Market Update and Key Support LevelsCurrent Situation: Recent Price Action: ETH saw a massive wick yesterday, flushing out most longs that jumped in after the 20th of May. ETF News: The ETF news is bullish for crypto as a whole, but historically, such news has led to a temporary price drop. Historical Context: Past ETF Approval: Previous ETF approvals have resulted in a 20% dump on BTC and ETH, lasting around 10 to 12 days before prices began to gain traction again. Key Support Levels to Watch: $3,500: Major support level where buyers are likely to step in. $3,300: Another critical support level that could mark the bottom. $3,200: Strong support level, potentially marking the end of the correction. Strategy: Monitor Support Levels: Keep an eye on these support levels ($3,500, $3,300, and $3,200) as they may provide good entry points for long trades. Be Patient: Given the historical pattern, there might be a temporary dip before the market gains traction again. Risk Management: Set tight stop losses just below these support levels to manage downside risk effectively. Summary: ETH is experiencing a temporary pullback likely influenced by the recent ETF news. Key support levels at $3,500, $3,300, and $3,200 should be monitored closely as potential entry points for long trades. Historical patterns suggest a possible 10 to 12-day dip before the market resumes its upward trajectory.
by Richtv_official
1