ETH/USDTBINANCE:ETHUSDT is moving good, the possible target price is a little higher then 2000 USDT. It is the upper border of the downtrend channel.
As you see (zoom out the chart) generally BINANCE:ETHUSDT is within the uptrend channel in weekly TF and the price currently bouncing from middle border.
Not a financial advice, for the study purpose.
ETHUSDT
Ethereum Retracement potential? 🤔Ethereum! Anticipating a retracement from Weekly Zone 3,519$ and monthly zone 3,346$. Wow! What an ascent that we have observed in recent weeks. A bull market typically has healthy retracements from profit taking and to clear late buyside liquidity. Gathering liquidity is necessary to continue the upside campaign and so we may retrace and consolidate for some time before the train continues. All other technicals explained in the video.
Please share your feedback if this analysis was useful.
ETH Ethereum Potential Correction SoonIf you haven`t bought ETH Ethereum before the rally:
or on the strong support:
Now, at an RSI exceeding 93, it seems we are currently in a bubble.
The previous correction following an RSI surpassing 78 was substantial.
Taking into account the Fib retracement tool, my anticipated price target is $3000.
ETH/USDT 1HInterval Chart ReviewHello everyone, let's look at the 1H ETH to USDT chart, as we can see the price is approaching an attempt to break out of the triangle marked in yellow.
Let's start by setting goals for the near future that we can include:
T1 = $3,452
T2 = $3,576
T3 = $3,665
AND
T4 = $3777
Now let's move on to the stop loss in case of further market declines:
SL1 = $3,307
SL2 = $3227
SL3 = $3097
AND
SL3 = $3097
Looking at the RSI indicator, we can see that it remains in an upward trend, while when we look at the STOCH indicator, it looks like a return to price correction is possible.
ETH Ethereum Possible Long Term OutlookETH looks just like Luna Classic before the drop in a massive rising wedge, kinda like SOL too before its dump to $20. Bearish divergence on the weekly. I dont know what would cause this drop but iI think ETH days are nearing an end. Its clunky and fees are too hard for the everyday person to use. Something will take its place or a tweak to the blockchain crashes the whole thing. Im not sure but i like to speculate on what the news will be to make the chart pattern do this. I saw this in the LUNA chart when it was at highs and people thought I was crazy when I said its going to under a dollar. Go back and look at it. Same thing with SOL I called the last top almost perfectly.
Also think of how many people stuck in staking if this happens, they wouldnt have time to get out. Ask yourself why institutional investors dont stake their ETH. :) Not financial advice just my opinion. Good luck out there.
ETH is out from the Ascending Triangle! Targeting $4400🚀Hello, everybody! Today, I'm going to analyze the ETH/USDT pair on the daily chart!
1) We can clearly see that ETH has formed a successful Ascending Triangle pattern, and the price has broken above the resistance level.
2) The Ascending Triangle has now been established! I would like to see the completion of ABCDE waves before the breakout for added strength, but the price momentum is showing a good upward trend.
3) For approx 1.5 years, the price was stuck in the range of $1000-$2000 per ETH, forming an Ascending Triangle. The price sequence squeezed within this Ascending Triangle, and after 1.5 years, the price broke to the upside! Imagine this as a significant upward accumulation zone we're now breaking out from, signaling a big move ahead. The Ascending Triangle's target is approximately $4400 per ETH.
4) We've also employed the MACD indicator! It appears very bullish right now and seems ready to explode. We have a BullishCross above the Histogram's zero line, which is bringing us more upward momentum.
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Cryptolean Ethereum ETH UpdateEthereum was unable to break bullish through a minor daily resistance of $3,531 and the price pushed to the key support at $3,275.
A bearish break-out of $3,275 will push ETH price lower to $2,800.
ETH has to move bullish and break through $3,8 in the daily chart for another bullish extension towards $78,223-$82,353.
Boost once read!
Thank you.
ETHEREUM - Price can make retest of resistance level and fallHi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊
Recently price traded in resistance area, which coincided with $3900 level, but later ETH turned around and started to fall in channel.
In falling channel, price broke $3900 level and declined to $3440 level, after which bounced and tried to rise.
Price failed and in a short time declined to support line of channel, breaking $3440 level, which coincided with support area.
Then ETH turned around, exited from falling channel, and rose to $3440 level and also soon broke it.
But a not long time ago price fell to this level, broke it with support line, and at the moment it trades in support area.
In my mind, Ethereum can make retest of resistance level and then continue to fall to $3120
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Cryptolean Ethereum ETH Update Ethereum is struggling to break bullish through a minor daily resistance of $3,531, which could be interpreted as a sign of weakness.
A bearish rejection of $3,531 will push Ethereum towards $3,275 and, if broken to the downside, lower to $2,800.
ETH has to move bullish and break through $3,8 in the daily chart for another bullish extension towards $78,223-$82,353.
Boost once read!
Thank you.
ETH is bearishConsidering the bearish CH and pullback to the order block, it seems that the price is trying to drop more
The target is the bottom box.
Closing a daily candle above the invalidation level will violate this analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
Key Support and Resistance to MonitorEthereum is moving in a clear downward direction, within set upper and lower limits that have guided its price lately. The $3500 level is an important one to watch—it’s where Ethereum has struggled to rise above in the past, and it could tell us if the trend is about to change.
The market has found steady ground at a certain support level, which is a price range where Ethereum doesn’t tend to fall below. If Bitcoin’s price starts to fall, Ethereum might follow, because their prices often move together. Keep an eye on the next support level, as it could be where Ethereum’s price steadies if it does drop.
The RSI, which can signal if Ethereum is being bought or sold too much, is showing some positive signs. However, the MACD, another indicator we look at to get a sense of the market’s momentum, suggests that the cautious mood hasn’t lifted yet.
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Upcoming Dencun upgrade is pushing ETH price to 3500Hi everyone,
After recent correction Ethereum price started to rise again and already broke previous yearly high at 2700 and currently is trading above 2900.
The main driving force pushing Ethereum price up is upcoming Dencun upgrade which is planned on March 13.
Let's look at how Ethereum price behaved before previous big upgrades.
Before Merge upgrade Ethereum price reached its peak on 13 August 2021 and upgrade itself happened one month later on 15 September 2021. After that Ethereum price declined on 40% within next couple months.
Next big upgrade Shapella happened on 12 April 2022 and Ethereum price reached its peak after next day on 14 April 2022. After that Ethereum price declined on over 20% within next couple months.
Considering all this I can suggest that we can expect another 2 to 4 weeks of ETH price rise after which correction on 20% - 30%.
If Ethereum price breaks 3000 level then potentially it can rise up to 3500 price level. I'm not sure if it manages to reach exactly 3500 price but it's very possible. As I indicated after Dencun upgrade we can expect price correction at least on 20% roughly to 2600 - 2700 support area.
Please, do not forget to boost this idea & share it with your friends; thanks.
Potential continuation of the short on ETHOn ETH, similarly to Bitcoin, a deeper descent is also appropriate, the lower green zone is a potential rebound and the end of the correction. There is also a 30% descent from the local peak.
Currently, ETH has dropped by over 20%. However, the third zone would give a decrease of approximately 40%.
There is still room for another decline on the RSI, while on the STOCH indicator there is a visible upward movement that has encountered resistance lines, which may reverse the movement again.
Leave a comment if you like the analysis, I wish you fruitful shopping ;)
Bearish Short-term but Bullish in Mid-term for investors🔎 Fundamental analysis (📈 Bullish)
The Ethereum team completed the Cancun-Deneb ("Dencun") upgrade after switching to proof-of-stake (PoS) 18 months ago. Shortly, this upgrade changed how data is stored on Ethereum, making it significantly more accessible and also cheaper to record layer 2 transactions.
👨🏻💻 Technical analysis (📈 Bullish)
On a daily timeframe, Ethereum is in an uptrend. There are gaps in the Guppy (GMMA) indicator between short-term EMA’s and long-term ones, with a bounce back on March 5th.
There’s no trend-reversal indicator appeared yet.
Let’s examine the Fib retracement indicator to determine additional purchase levels. During a correction, the 0.236 (3483$) and 0.382 (3111$) levels are two levels to consider. Consider shorting if the price breaks to 0.236 (3483$) with TP above 0.382 (3111$). Then, bouncing back to 0.236 (3483$) is expected with the following breakthrough.
3000$ level is considered a major support level and a psychological level.
💭 Sentiment analysis (📈 Bullish)
At this moment, the Fear and Greed Indicator is equal to 77/100 (Extreme Greed), and the Market Cap of the entire Crypto Market today (18th March) is $2.682 trillion. The Greed/Fear Index has decreased by 4 pips compared with the previous week which means the buyers are still greedy enough to maintain the current uptrend.
👥 Please share your thoughts or criticism about this idea in the comments below. Your opinion matters, and it'll be helpful for the community to understand a broader picture and shape a more objective vision of the asset's price
----
Disclaimer:
The information provided is for educational purposes only and should not be considered financial advice. Trading carries risk, and past performance is not indicative of future results. Conduct your research before making any investment decisions
Cryptolean Ethereum ETH Update Ethereum sentiment in the daily chart turned to neutral.
A bullish break-out of $3,275 and a sustained price action above this level will send ETH price towards $3,837-$4,054.
A sustained price action below $3,275 will push Ethereum price towards $2,800.
Intraday Chart
The ETHUSDT 4-Hour chart is strongly bearish and broke down through key intraday support zone of $3,183-$3,297.
A bullish break-out of $3,183-$3,297 will push Ethereum price back to the key resistance at $3,594.
A sustained price action below $3,183-$3,297 will push #ETH price to the key support zone of $2,910-$3,036.
Ethereum can rebound up from support line to resistance lineHello traders, I want share with you my opinion about Ethereum. Looking at the chart, we can see how the price some days ago entered to range, where it first declined to the resistance level, which coincided with the bottom part and resistance area, after which ETH turned around and started to rise. Later, the price rose, after which made correction back to the 3720 level, and at once rebounded up to the top part of the range. After this ETH turned around and started to decline back to the 3720 level, and when it reached this level, the price broke it, thereby exiting from the range and continuing to decline in a downward channel. Some time the price trades near the resistance level, but later it rebounded and little declined, after which the price rose to the resistance line of the channel. Then Ethereum rebounded from this line and in a short time declined to the support line, where at the moment, the price continues to trades near. So, I think that ETH can fall to the support line again and then turn around and start to move up to the resistance line of the downward channel. For this reason, I set my target at the 3480 level, which coincided with the resistance line. Please share this idea with your friends and click Boost 🚀
ETH - MACRO Multi-Month Logarithmic Target📉Hi Traders, Investors and Speculators of Charts📈
I've made a few updates on BTC from a macro perspective, but let's take a look at ETH today. What we specifically want to focus on is potential targets / bounce zones, and we'll use the logarithmic weekly recession t get to these targets.
From using the same timeframe as the previous bull season, and by using the same pivot points, we get a $20K target on ETH - a possibility for later this year:
Shorter and mid-term targets could include:
Here's the update on BTC, incase you missed it:
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CryptoCheck
BITSTAMP:ETHUSD
ETHUSD
In the 4-hour timeframe, ETHUSD indicates a bearish trend following a breakout below the ascending trendline. This bearish move is further supported by a correction ranging between 50% to 61%, potentially signaling a continuation of the downtrend. Traders could explore short-selling opportunities after confirming the completion of this corrective phase for potential downside potential in Ethereum's price.