Will ETH Rebound from $3200?ETHUSDT technical analysis update
ETH price has dropped 20% from its peak to the $3100-$3200 level. The 100 and 200 EMA are expected to provide strong support, with the volume profile also indicating good support at this range. Additionally, the Fib 0.5 retracement at $3200 aligns with this level. We see strong support at $3100-$3200, and the price is likely to bounce strongly from this level.
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Hexa
Ethusdtlong
ETH thesis by Titan_KarmaEthereum Investment Thesis
Market Overview
Ethereum (ETH) is trading at $3,431.65, indicating potential for upward momentum. The recommendation is to OPEN LONG positions, supported by a favorable risk-reward setup and moderate confidence in a bullish trajectory.
Key Technical Indicators
Stop-loss: Set at $3,200.00, providing downside protection against unexpected price drops.
Take-profit: Targeted at $3,600.00, aligning with a strong resistance level and maximizing potential gains.
Exit Point: Positioned at $3,500.00, offering a prudent level for partial profit-taking.
Confidence Level
The confidence level for this strategy is 75%, reflecting cautious optimism. The technical and fundamental indicators support an upward trend, though volatility requires close monitoring.
Correlation with BTC
Ethereum shows a neutral correlation with Bitcoin (0.02), suggesting its price movement is minimally influenced by BTC. This allows ETH to follow its own market dynamics.
Position Analysis
Open Long Positions: None currently, presenting an opportunity to take advantage of the recommended strategy.
Open Short Positions: None, indicating a lack of bearish sentiment.
Risk Management Strategy
Entry at the current price of $3,431.65 is ideal to capitalize on potential gains.
A well-placed stop-loss at $3,200.00 minimizes risk in case of downside volatility.
The take-profit level at $3,600.00 provides an attractive target, while the exit point at $3,500.00 ensures partial profit-taking to secure gains.
Recommendation
OPEN LONG positions near the current price, aiming for a take-profit level of $3,600.00. The combination of technical support and moderate confidence in the bullish scenario supports this strategy. Traders should remain vigilant for any changes in sentiment or technical indicators that might influence price movements.
ETHUSD: Is This the Dip to Buy? $4000 Resistance in Focus!!BYBIT:ETHUSDT BINANCE:ETHUSDT has recently bounced off the $3000 support zone after a significant correction from the $4000 resistance. This pullback presents a compelling opportunity for accumulation. Strong volume accompanying the bounce suggests underlying bullish sentiment. While the $4000 level currently acts as a formidable resistance, a decisive break above this mark could trigger a substantial uptrend. As always, prudent risk management is crucial. Implement a strict stop-loss order to mitigate potential losses and protect your capital.
COINBASE:ETHUSDT Currently trading at $3390
Buy level: Above $3100
Stop loss: Below $2750
Target : $6000
Max Leverage 3x
Always keep Stop loss
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Diagonal ETHDiagonal ETH
🔹 Courage, the reversal is not far off, even though cancer hasn't blown its whistle yet.
Pro ETH:
🔼 The spill is exciting, new year discounts on all storefronts, although people are still afraid to buy - and this is the best sign for growth when everyone is scared, ether approached the first serious support in the form of 3570, where we can see an increase in volumes and obvious purchases for large amounts, from the current ones we should expect a return to the slope and a hike to 4070 and 4200 where the main pool of liquidity is accumulated at the moment, the asset has cooled down, confidently holding the 200 MA.
❌ Negative may be a move below 3580, in this case it will open the way to a deeper pullback to 3200-3050, but Santa is a stingy man and will not give so generously.
On RSI:
📈 Hourly is oversold, daily is neutral, why not.
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ETHUSDT: The Calm Before the Storm: A Bullish Flag Pattern!!A compelling bullish setup is forming on the BINANCE:ETHUSDT chart. The recent price action has resulted in a classic flag pattern, characterized by a sharp upward move followed by a period of consolidation within a descending channel. This pattern often precedes a significant breakout to the upside. As the price approaches the upper boundary of the flag, a decisive break could trigger a substantial rally, potentially pushing BINANCE:ETHUSDT to new all-time highs. However, as with any trade, it's crucial to implement a robust risk management strategy, including a well-defined stop-loss order, to protect potential profits.
BINANCE:ETHUSDT Currently trading at $3880
Stoploss $3800
Target $4400
Max leverage 5x
Always keep stoplosss
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Ethereum (ETH) struggles at $4,000, but whales continue to accumEthereum’s price has struggled to close above the $4,000 mark for the second time in the last six months. Despite rallying close to this key psychological level, ETH was unable to maintain its position, signaling the need for a stronger bullish conviction to push the price past this barrier.
Whale addresses holding between 10,000 and 100,000 ETH, which have demonstrated strong accumulation over the past five days, purchasing a combined total of 400,000 ETH worth over $1.5 billion. This significant accumulation highlights that large wallet holders continue to have confidence in Ethereum’s long-term growth.
The whales’ buying activity highlights Ethereum’s attractiveness as an investment. Despite recent challenges in surpassing the $4,000 barrier, this large-scale accumulation demonstrates that institutional and high-net-worth investors are not deterred by short-term volatility.
Ethereum’s price dropped by 7% yesterday, now trading at $3,761. The altcoin king is attempting to secure $3,721 as support to avoid further declines. This level is crucial in determining whether ETH can maintain its bullish momentum or face a deeper pullback in the coming days.
Securing the $3,721 support is essential for Ethereum to break above $4,000. If this happens, ETH could reach a new year-to-date high above $4,093. This potential rally would also pave the way for ETH to set new all-time highs, reinforcing the positive outlook for the altcoin.
However, if Ethereum fails to maintain $3,721 support, it may drop toward $3,524. A further decline could send ETH down to $3,327. If this happens, the bullish thesis will be invalidated, and a more significant market correction may follow.
ETHUSDT Trade LogETHUSDT Daily Long Setups
Trade Logic:
- Setup: Long positions distributed across 3 key daily Fair Value Gaps (FVGs) as part of a DCA strategy.
- Entry Zones:
1. First FVG near $3,660 , offering a moderate discount.
2. Second FVG near $3,212 , aligning with deeper retracement and higher confluence.
3. Third FVG near $2,877 , close to major demand and psychological support.
- Risk-Reward: Each entry maintains a minimum RRR of 1:3, targeting the weak high near $4,200 .
Confluence Factors:
- Trend: Strong bullish trend intact, with price respecting the Kijun line and daily BOS (Break of Structure).
- Liquidity Sweep: Potential to trap shorts at lower FVGs, fueling a rally.
- Support Levels: Each FVG aligns with strong historical demand zones, providing high-probability entries.
Macro Context:
- Market Sentiment: Ethereum fundamentals remain strong, with increasing on-chain activity and sustained demand for staking.
- Correlations: Broader crypto market shows bullish sentiment, with BTC leading the trend.
- Economic Indicators: Risk-on environment as equity markets rally, supporting further upside in risk assets like ETH.
Execution Plan:
- DCA across all three entries for optimal risk management and exposure.
- Trail stops as price approaches $4,200 or weak high levels for partial profit-taking.
- Monitor macroeconomic news and potential resistance above $4,200 to adjust targets.
ETHUSDT New ATH Incoming?ETHUSDT Techncial analsysis update
BINANCE:ETHUSDT price has broken the trend resistance line on the daily chart. The price has already surpassed the previous resistance zone at $3,500 and successfully completed a retest. An increase in volume near the resistance level is evident. If the daily candle closes above the resistance line, a strong bullish move can be anticipated, potentially leading to a new all-time high
Buy zone : Below $3740
Stop loss : $3480
Take Profit 1: $3950
Take Profit 2: $4275
Take Profit 3: $4860
Ethereum - RSI Signals Bull Run Peak!ETHUSDT Technical analysis update
ETH’s weekly RSI is currently at 64. In previous bull cycles, ETH’s weekly RSI has climbed above 90, marking the peak of the rally. This time, it’s likely that ETH’s RSI could again reach the 90 level during the peak of the current bull run. Historically, the RSI indicator has proven to be a reliable tool for timing exits in ETH investments.
If the RSI approaches 90, it could signal that ETH is nearing an overbought zone, potentially aligning with a price target of around $10,000. A well-timed exit based on RSI can help lock in profits before any significant pullbacks.
Ethereum Set to Skyrocket!ETHUSDT Technical analysis update
ETH has been trading inside the triangle for the last 4 years, The price is now moving toward the triangle resistance, signaling a potential breakout. Once the price breaks above the triangle resistance, we can expect a huge bullish move in the coming months, with the price potentially reaching the $8,000–$10,000 level during this bull run.
CRYPTOCAP:ETH BINANCE:ETHUSDT BITSTAMP:ETHUSD BINANCE:ETHBTC
Ethereum Set to Explode? Don’t Miss This Game-ChangerEthereum continues to make range and deviation like a textbook. Under normal circumstances, the retest characteristic of the range high after the range has been abandoned is something we often see in volatile markets such as crypto.
However, in Ethereum's case, there is a movement I call move number one. This move pushes me to wait for the middle of the range or range low and deviation from the strategy of entering where you first found it and being patient.
By examining other charts where you see move number one, you can see that I am generally right, that extremely bullish pairs do not return deep into the range and give their retests to the top of the range as much as possible.
I don't overcomplicate things and add a ton of dirty crap to my charts, but you can check out the success of my analysis below.
I approach trading with confidence backed by experience and past success in identifying high-probability setups.
While I don’t claim to be the best, my track record speaks for itself, and I strive to let my analysis and results do the talking. Watch these levels closely markets can confirm what charts already whisper.
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Now sit back, relax, and watch the market do its thing. Or don’t, FOMO is real. 😉 out together.
"ETH - looking for a small scalp"Ethereum is currently navigating between critical levels, with a notable interaction around the highlighted POC and value area on the chart.
Analysis and Justification:
1. Initial Upside Target - $3689:
• The first orange arrow marks the $3689 level as the immediate target. This is a crucial zone near the point of control (POC) from the previous session, acting as a magnet for price.
• If bullish momentum continues, this area is likely to act as a resistance before any significant breakout or rejection.
2. Downside Move to $3670:
• After reaching $3689, the analysis suggests a potential fallback towards $3670.
• This level aligns with the lower value area and is a probable support zone where buyers may step in. A breach below this level could trigger further downside pressure.
You may long and short but follow the lines :D
ETH Ready to Break Free? Watch This Key Triangle Formation! This chart represents the weekly analysis of ETH/USDT, showing Ethereum's price trends along with EMA indicators (EMA 20/50/100/200) and key support and resistance levels. Here's the breakdown:
Symmetrical Triangle Pattern:
The price is forming a symmetrical triangle, indicating a possible breakout, likely to the upside, based on the prevailing trend.
Key Resistance and Support Levels:
Resistance: The green zones (e.g., $3,525 and $3,337) mark areas the price needs to break through for further upward movement.
Support: Lower levels, such as $2,924 and $2,555, serve as critical zones that may provide strong support in case of a price pullback.
EMA Indicators:
The EMAs are trending upward, indicating the strength of the current bullish momentum.
EMA 20 and EMA 50 are located near key support zones and could provide strong backing during retracements.
Increase in Trading Volume:
If accompanied by a rise in trading volume during upward moves, this would strengthen the probability of a bullish breakout.
Suggestions:
If you're in a buy position, consider partial profit-taking near the key resistance zones.
If you're looking to enter a trade, wait for a confirmed breakout above the resistances with high volume or consider entering at the support levels on pullbacks.
Always prioritize risk management by setting stop-loss levels near critical support zones.
This is not financial advice. Pay attention to the chart dynamics only.
Swing ETH thesis by Titan_KarmaPrediction( investment_thesis='**Market Sentiment Analysis:** The current market sentiment for ETHUSDT is cautiously bullish. Despite the absence of recent news, the financial data indicates a strong bullish sentiment among top traders, with a high long account ratio. However, there is a slight decrease in the long account ratio and longShortRatio in the most recent 1-hour and 4-hour data, suggesting some short-term caution. This mixed sentiment calls for close monitoring of market developments. **Technical Analysis:** The technical indicators present a mixed picture. On the daily chart, the RSI and Stochastic indicators suggest slightly overbought conditions, while the MACD and ADX indicate a strong upward trend. The 4-hour chart shows a neutral RSI and a slightly negative MACD histogram, indicating potential weakening of bullish momentum. The hourly chart reflects indecision with a neutral RSI and low ADX. Key support and resistance levels are around the Pivot points and Bollinger Bands, with the daily chart suggesting a strong trend but shorter time frames indicating potential consolidation. **Fundamental Analysis:** With no recent news impacting ETHUSDT, the focus remains on financial metrics and market trends. The historical data shows a strong upward trend with significant price and volume increases, supporting a bullish outlook. However, the lack of new developments necessitates caution and readiness to adjust positions based on emerging information. **Risk Management Strategy:** Given the mixed signals, a cautious approach is recommended. Set a stop-loss at $3,500.00 to manage potential downside risks and a take-profit at $3,800.00 to capitalize on the bullish trend.
The confidence level for this trade is 78%, indicating moderate risk. Monitor key support at $3,600.00 and resistance at $3,750.00 levels closely. OUTCOME: HOLD_BUY STOP_LOSS: $3,500.00 TAKE_PROFIT: $3,800.00 CONFIDENCE LEVEL: 78% EXIT_POINT: $3,750.00 CURRENT PRICE: $3,650.00 ENTRY CRITERIA: - **TIMEFRAME**: 1d - **RSI**: above 65 - **MACD**: Bullish crossover - **MA20**: Price above MA20 - **ATR**: Moderate volatility - **Bollinger Bands**: Price near middle band - **Stochastic Oscillator**: Overbought - **News Impact**: Neutral - **Historical Data**: Support at $3,600.00, Resistance at $3,750.00 CURRENT OPEN LONG POSITIONS: 2 CURRENT OPEN SHORT POSITIONS: 1' )
ETH/USDT BUYING ZONE FOR SCALP AND SWING TRADES.Eth/Usdt did very in last few days and pumped a lot and we can see a lot of volume is coming in this coin. Curently is going down but its a simple move to grab liquidity from lower sides which I have marked and also to trap retail trader, I have marked entry zone and DCA line on the chart.
ETHUSDT: Unlocking Opportunities Through Technical Analysis -...◳◱ On the BINANCE:ETHUSDT chart, the Trend Reversal pattern suggests momentum building up for a significant move. Traders might observe resistance around 3340.83 | 3605.67 | 4033.67 and support near 2912.83 | 2749.67 | 2321.67. Entering trades at 3315.98 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Ethereum
▣ Rank: 2
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc, Kraken
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Ethereum is a distributed blockchain computing platform for smart contracts and decentralized applications. Its native token is ether (ETH), which primarily serves as a means of payment for transaction fees and as collateral for borrowing specific ERC-20 tokens within the decentralized finance (DeFi) sector.
◰◲ Technical Metrics :
▣ Mrkt Price: 3315.98 ₮
▣ 24HVol: 1,652,280,497.599 ₮
▣ 24H Chng: -3.342%
▣ 7-Days Chng: 7.56%
▣ 1-Month Chng: 31.26%
▣ 3-Months Chng: 18.74%
◲◰ Pivot Points - Levels :
◥ Resistance: 3340.83 | 3605.67 | 4033.67
◢ Support: 2912.83 | 2749.67 | 2321.67
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 5.10
▣ Last 90D: 1.57
▣ Last 1-Y: 1.02
▣ Last 3-Y: 0.20
◲◰ Volatility :
▣ Last 30D: 0.75
▣ Last 90D: 0.62
▣ Last 1-Y: 0.63
▣ Last 3-Y: 0.69
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is N/A
▣ In-depth ETHUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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