ETH: watch out for a puke to 2700ETH is in a precarious spot going into next week: just below its 8-day and 34-day moving averages, and the channel resistance that held the price since November 2023. ETH broke out of this channel on Feb 27, but getting back inside is a bearish development for ETH.
More weakness early next week could induce a quick flush to 2700, where the lower trendline will offer support.
ETHUSDT
ETHEREUM - Missed The Bull Run? Think Again...In our previous analysis, we were bullish from the 1500 area. We pushed up a massive +160%.
As explained in our previous setup, we are in a large correction and expecting one more move lower to complete the wave 4 correction. We appear to have started this final move down and will be looking for confirmation on the break of the red trendline.
There's a small chance that we may move a little higher before breaking down so do keep an eye out for that.
Please note that for the longer term we are bullish but we are looking for any buying opportunities.
Goodluck and as always, trade safe!
See our previous setup below which played out perfectly!
ETHEREUM - Higher Timeframe Overview ✅Ethereum appears to be in a large correction. We are currently in the midsection of the correction, where we have a channel containing a WXY corrective price action.
We are looking for one more move higher to complete wave X.
See our next post for the lower timeframe analysis.
Goodluck and as always, trade safe!
#FILUSDWith the news of the war between Iran and Israel, the elephant currency may drop to $4.30. The best point to buy the elephant currency is $4.30. This currency has a short-term target of $16 or even higher and a target of $52. Therefore, investors with Consider the numbers and buy at your own risk.
Ethereum can exit from pennant and decline to 3370 pointsHello traders, I want share with you my opinion about Ethereum. Looking at the chart, we can see how the price a not long time ago traded near the resistance level, which coincided with the seller zone and soon broke this level and rose a little higher but soon turned around and in a short time declined to the support level, breaking 3550 level again. After this, the price even declined lower support level to the buyer zone, but soon backed up, thereby making a fake breakout and starting to trades in range. In the range, ETH reached top part, after which turned around and declined to the buyer zone one more time, where the price reached the support line of the upward pennant, and then Ethereum made a strong impulse up. After this movement, the price exited from range and soon reached the resistance level, which broke soon too. Next, ETH reached the resistance line of the pennant and then started to decline. In a short time price fell to almost the support line, but then it turned around and rose back to the resistance line of the pennant. But recently, ETH broke the resistance level one more time and declined to the support line of the pennant back. So, now, I think Ethereum can rise to the resistance line and then rebound down the lower support line of the pennant, thereby exiting from this pattern. For this case, I set my target at the 3370 level. Please share this idea with your friends and click Boost 🚀
ETHUSD bullish movement is about to happen!!!
Hi.
COINBASE:ETHUSD
Today, I want to analyze ETH for you in a 1D time frame so that we can have a MID-term view of ETH regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
➡️ETH has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which ETH is in, Is a Bullish Flag Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens, we Can Expect a Bullish Movement as much as the Measured Price movement (flag pole) to happen!
✅ Due to the Ascending structure of the chart...
🟢 ETH has been Bullish Recently!
🟢ETH is in a Bullish Flag
🟢(AB=CD)
🟢Price is gonna Reach $4100
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Support zone: 3025.27-3321.30Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(ETHUSDT 1D chart)
No matter what the trend of the 1M and 1W charts is, I believe that the movement in the short term is dominated by the trend on the 1D chart.
It appears that the current BW indicator has touched the lowest point of the oversold range.
However, since it has not yet reached the horizon, we need to watch the movement of today's candles.
This volatility period runs until April 13th, so you need to check where the candle closes today.
The 3025.27 point is the HA-High indicator point on the 1W chart, and the 3321.30 point is the HA-High indicator point on the 1M chart.
Therefore, the key is whether it can be supported and rise around 3025.27-3321.30.
If it falls to around 3025.27, you should check whether a new HA-Low indicator is created.
If a new HA-Low indicator is created, an important factor is whether it receives support around it.
Have a good time.
thank you
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched.
#BTCUSD 1M
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
-----------------
ETHUSDT what I see...Hello Birdies,
Lets do a bird view of the ETH.
Terms:
W = Weekly
R = Resistance
S = Support
LS = Left Shoulder
ETH is currently battling with a weekly resistance and a left shoulder formed in August 2021. Another intriguing point is the support being backed up by a secondary, smaller left shoulder.
However, the price is at risk of falling beneath another weekly resistance if it closes below this level, potentially giving the BEARS an opportunity to push the price under $3500.
Oh, and if we breach below, expect the lows marked by the two left shoulders around $888 to be tested.
The next solid support beyond $888 stands at $590.
Future direction? It's a waiting game. Neutral stance maintained until a breakthrough above $4100, turning bearish if we dip below $3500.
Ethereum - is ready to go higher! +32% this monthEthereum is still very bullish, so there is no reason to expect lower prices at this moment. We can see that the price broke out of this ascending parallel channel and retested it. Usually you want to wait for a retest and then enter a long position, which is happening right now! You can place your stop loss below the previous swing low (inside the ascending channel).
On the chart, you can see my detailed Elliott Wave count. We are in the bull market, so we can expect an impulse wave to form. In this case, we are still missing the fifth wave to the upside, which gives us another reason to open a long position.
Where to take profit? For this, we always need to use the Fibonacci extension tool. In combination with Elliott Wave theory, we can use the fibonacci extension tool from the start of wave 1 to the end of wave 3 and to the end of wave 4. The target for the fifth wave is 0.382 FIB or 0.618 FIB. Both log scale and linear scale are valid as profit targets.
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
ETH/USDT 4HOUR CHART UPDATE !!Hello friends, welcome to this ETH/USDT update from Crypto Sanders.
Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the ETH 4-HOUR update.
Ethereum is ready to surge from here, looks like even more ALTCOINs may surge along with it
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.
ETH/USDT 4HInterval Chart ReviewHello everyone, let's take a look at the ETH to USDT chart on a 4-hour time frame. As we can see, the price broke out of the downtrend line, but after reaching the level of $3,701 at the golden fib point, we saw a quick recovery and the price is currently bouncing off the trend line.
Let's start by determining the support line and as you can see, the price currently holds support at $3,472, if the support is broken, the next support is $3,313, then we have support at $3,199, and then a very strong support at $3,054.
Now let's move on from the resistance line, as you can see, the level of $3,701 is again a strong resistance, when you manage to break out of it, the next resistance is around $3,870, and then at the level of $4,092.
Looking at the RSI indicator, we can see that a downward trend line has formed, which may indicate that the price will go even lower. Additionally, when we look at the STOCH indicator, we can also see room for another attempt at recovery.
ETH Elliiott wave out look. If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
#ETH Roadmap bullish variant.
It's been a month. 🧵
Timing for the wave 4 of this variant on track.
Important things are W2 count reliant.
Alternation, Geo, and fibs.
So keeping an eye on alt counts as well.
Below 3k where 🤨
ETHEREUM - Price can continue to move up inside rising channelHi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊
Some time ago price declined to resistance level, which coincided with resistance area and broke it.
ETH declined lower $3240 level, but soon rose higher, making fake breakout and starting to grow in channel.
Inside channel, ETH soon reached resistance line and at once bounced down to $3240 support level, after which bounced up.
Then price in a short time reached $3720 resistance level, but when ETH touched this level, it at once declined.
At the moment, price trades near this level and I think Ethereum can first make small correction.
After this, ETH can bounce up to $3865 resistance line of channel, breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
SOLUSDT:🟢Buy opportunity🟢By examining the Solana 2-hour chart we can figure out, this coin has the potential to rise.
As you can see, the price collected the liquidity below the old low and had a bullish reaction and respect to the bullish PD Arrays.
So, now we can expect the price respect to the FVG and go for buy-side liquidity.
What you should know: Solana is a blockchain platform that uses a proof-of-stake mechanism to provide smart contract functionality. Its native cryptocurrency is SOL. Solana was launched in 2020 by Solana Labs, which was founded by Anatoly Yakovenko and Raj Gokal in 2018.
📈Ethereum: Crucial Levels and Momentum Trends🔥🔍Today's analysis focuses on Ethereum in the 4-hour timeframe, specifically for futures trading. Taking an overview, we find Ethereum trapped within a range between 3235 and 3645, experiencing a false breakout from the upper boundary yesterday before reverting back into the range.
📊The volume of red candles has been increasing since yesterday, indicating current momentum favoring sellers. Presently, the price has reached the Point of Control (POC) on the fixed range volume profile, prompting scrutiny for potential reactions at this level.
📈For long positions, patience is advised until the price revisits 3645 and exhibits a response. This will help identify our main resistance level, and upon breaking it, entering a long position could be considered.
📉Regarding short positions, a break below the 3235 zone seems opportune. If you are a range trader, entering a short position after breaking the POC could lead to a target at the bottom of the range.
📝By incorporating these observations and strategies, traders can make informed decisions amidst Ethereum's current market conditions.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
HelenP. I After strong impulse up, Ethereum can fall to $3410Hi folks today I'm prepared for you Ethereum analytics. A not long time ago price declined to the resistance level, which coincided with the resistance zone, and soon broke this level. After this, ETH made a retest and in a short time declined to the support level, which coincided with the support zone and even lower, thereby breaking the 3235 level and reaching the trend line. Then price rebounded from this line and made impulse up, breaking the support level one more time, and started to trades in consolidation, where ETH at once made a correction. After correction, the price rose to the 3665 level, but at once rebounded and in a short time declined to the support level, breaking the trend line. Price some time traded near this level and then made a strong impulse up to the resistance zone, breaking the trend line, and resistance level and exiting from consolidation too. But a not long time ago Ethereum turned around and declined below the resistance level with the trend line, where at the moment it continued to trade near. For my mind, ETH will continue to decline, therefore I set my target at the 3410 level. If you like my analytics you may support me with your like/comment ❤️
Eth established strong floor. Rise to 4k next?Like the entire crypto market, BITSTAMP:ETHUSD has initiated a much-needed correction since mid-March.
After an initial dive to the 3k zone, Ethereum recovered and made a local high at 3.6k. Subsequently, another drop occurred, but bulls held strong at the 3.2k zone, establishing a solid floor.
At the time of writing, the price is near 3.4k, and bulls appear to be in control. I anticipate a continuation to the upside, with a new test of the 4k resistance level.
I will maintain my bullish stance as long as the price remains above 3.2k in terms of daily closing.
Apr.2-Apr.8(ETH)Weekly market recapThe BTC halving is less than 20 days away. In the recent three BTC halvings, it has experienced a correction after the halving and refreshed ATH in the following 6 months. Currently, most tokens on the market are waiting and observing whether BTC can break through 72000.
In terms of on-chain data, we learned from Glassnode that after BTC exceeded ATH in mid-March, many long-term holders began to take profits. The age of BTC has declined and the realized price has increased. This phenomenon has often appeared at the beginning of a pullback in the past.
In terms of on-chain activities, more and more BTC and ETH are participating in the activity of staking or restaking for points, which has provided support for the rise to a large extent, but risks are also gathering. There have been many staking behaviors using leverage, pushing up the liquidation prices of LST, BTC, and ETH. The market may lose its mind in a frenzy.
ETH was weak in the early stages of last week's rebound, but saw a significant rise yesterday, preventing the BTC/ETH rate from breaking through the lows. Based on yesterday's rise, ETH broke through last week's high of 3600,. The performance in trading volume was average, almost the same as usual.
From an indicator point of view, the ME indicator also maintains a bullish trend. But last week's rally wasn't supported by whales. The next target is 4000.
In summary, we believe that ETH may maintain its rise this week. We maintain the original support level of 3100 and resistance level of 4000.
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.