ETHUSDT.PHello traders, The price of ETH on the 30-minute time frame is just above the 50 EMA, but the MFI is in oversold territory and volume is low. We must be cautious and wait for the correct entry signal. For now, we will wait for confirmation. by vagada1
ETHEREUM: This is how it can reach 2900.Ethereum is trading inside a Channel Up since September 06 and today's correction came very close to its bottom. The 4h RSI turned 23.50, extremely oversold, which is the level it hit on October 02, close to the previous bottom. Even if the price drops some more, this is still a low risk/ high return buy opportunity. Buy and target 2900 for a new Higher High on the Channel Up. Relevant chart: Follow, Like, Comment below!Longby YahooSignals115
ETHUSDHere's ETHUSD possible move. We can look for long from current level with 25% entry thats 2500$ area and second 25% if entry at 2450$ with trailing Stop loss below 2435$ Manage risk accordingly and don't take over leverage trade🚫 Happy trading Longby Exness_Forex_Trading111
ETHUSDT.P Hello dear traders, As we can see, the price of ETH is dropping quite fast. Since we're utilizing a **long-only trading system**, this isn't our moment to act, but it's a good time to observe and patiently wait for the next opportunity. While the market trends downward, it’s crucial to remain disciplined and avoid reacting impulsively. We may soon see signs of **price consolidation** or a **reversal pattern**, which could present an excellent entry point for us. Keep a close eye on key support levels—if BTC finds a solid base, we might get an opportunity to catch a rally back up. Also, monitoring other indicators like **volume spikes, RSI**, or **moving averages** can help signal when momentum starts shifting in our favor. In the meantime, let's stay calm, prepared, and stick to the strategy. Patience is key in volatile markets like this. When the time comes, we’ll be ready to take advantage of the opportunity.by vagada0
The Final Dip? Spotting Opportunities for $ETH's Next Run!Is This the Last Dip Before a Major Upswing? That’s the burning question on everyone’s minds as CRYPTOCAP:ETH seems to be lagging behind its crypto counterparts. However, there's a silver lining on the horizon. CRYPTOCAP:BTC is showing bullish signals, and as we all know, Bitcoin is the heartbeat of the crypto market—its movements often set the tone for everything else. On the fee front, we’re witnessing a welcome trend: costs within the CRYPTOCAP:ETH ecosystem are dropping. This could be the spark that reignites enthusiasm and activity. Yet, technically speaking, CRYPTOCAP:ETH must break above the $2800 mark to leave the uncertainty zone behind. For now, we’re making a calculated bet that CRYPTOCAP:ETH will carve out a higher low on the daily chart. The goal? To decisively breach that $2800 level and flip the narrative to a fully bullish stance on the CRYPTOCAP:ETH ecosystem. In my view, $2400 should act as the low for this retracement. If it dips further, I’ll consider cutting my losses. I’ll keep a close eye on the price action, ready to manage my position manually once we start trading in my buying zone of $2500-$2400. Let’s see where this journey takes us!Longby ZelfTradeUpdated 669
Ethereum's Weakness Reveals Crypto Market Bearish BiasBitcoin produced an inverted correction from 5-August until 21-October and hit as high as $69,500, right below the $70,000 level from which the 29-July major crash developed. Ethereum on the other hand remains super weak. Ethereum's weakness reveals a bigger bearish bias across the Cryptocurrency market. Ethereum's latest pull-back produced a minor recovery compared to most projects, and most Altcoins move in the same way. The fact that Ethereum remains super weak reveals what comes next. We also looked at Kaspa (KASUSDT) and showed how it moved below its 5-August low recently, indicating that the rest of the market will do the same and this pair moved ahead. The situation with ETHUSDT is something similar. The fact that it is very far from the last major high and no signals of new All-Time Highs reveals what comes next. There is no scenario where Bitcoin moves to $74,000 while Ethereum crashes to $1,000, correct? The fact that Ethereum is weak reveals that the others are set to meet Ether soon. Ethereum is trading 37% below its March 2024 high. Bitcoin was only less than 7% away from its ATH. It is not like Ethereum will remain down while the rest of the market will rally, instead, we can say that Ethereum is moving ahead. Bitcoin will crash and meet similar levels to Ethereum soon, the same for SOL, RAY, BNB, TRX and the rest. Prepare for the last major crash before the 2025 bull-market. There will be some consolidation after the low is hit before the starts of the next bullish wave. We have some reckoning to do, but all will be good in a matter of months. Do not be distracted, the correction is not yet over, we are expecting one final, massive drop. Visit the 'Related publications' below for all the best SHORTs. A way to protect capital while the correction unfolds. We also have LONG spot trades for all the Altcoins that are going up. Thanks a lot for your support. Namaste.Shortby AlanSantana3338
ETH BROADER TECHNICAL ANALYSIS AND TRADE PLANPrice Movement The chart shows that Ethereum (ETH) has been moving within a descending trading channel after an earlier uptrend. The channel is well-defined by a series of lower highs and lower lows. The descending channel extends from around early 2024 and continues through the current period. The price seems to be consolidating after bouncing from the lower boundary of the channel. Current Price Action Ethereum is currently trading at $2,582.26, down by 1.50% at the time the chart was captured. The recent movement shows a potential double bottom near the lower channel support, signaling a possible end of the downtrend. The price is at a critical juncture, as it appears to be breaking out of the short-term resistance within the channel, hinting at a possible reversal or continued sideways movement. Descending Channel Structure The chart highlights a descending trading channel where price has respected the upper resistance and lower support levels multiple times, indicating the reliability of this structure. The channel also shows that while Ethereum is in a corrective phase, it still holds the potential for a significant bullish breakout if the current trend continues. Technical Indicators: Waveform Cipher shows a potential bullish divergence at recent price lows, which indicates momentum for a potential upward move. ASL (Advanced Stochastic Line) and HMA Histogram show mixed signals, but the overall sentiment from these indicators points toward a bullish setup in the coming days. Stochastic RSI suggests that Ethereum is currently in an oversold condition, increasing the likelihood of a rebound. The technical setup with momentum indicators and divergences indicates a potential for a price breakout upward, possibly leading toward the top of the channel. Price Targets: Immediate Resistance: The next resistance level is located around $2,750 - $3,000, near the mid-point of the channel. Upper Channel Boundary: The top of the channel is situated near $4,000, a key psychological and technical resistance level. If ETH breaks above this channel, the next major target would be $4,250 - $4,500, indicating a full recovery of the downtrend and a continuation of the broader uptrend. Key Support Levels: $2,400 is acting as immediate support, which aligns with the lower boundary of the descending channel. If Ethereum breaks below this level, the next major support lies near $2,200 - $2,000, which is a strong historical support zone. Trading Plan for Ethereum (ETH) Current Market Position: Given the technical analysis, Ethereum appears to be at a critical level within the descending trading channel, with the potential for a bullish breakout. The recent consolidation near the support line suggests an opportunity for a medium-term bullish trade. Entry Strategy: Buy Zone: Enter a long position between $2,550 - $2,600, once confirmation of a bullish reversal or breakout is evident (preferably on increased volume or further confirmation from momentum indicators like RSI/Stoch). Risk Management: Place a stop-loss at $2,400, which is slightly below the channel support and key psychological level. This mitigates downside risk in case of a bearish breakdown. Take Profit Targets: First Target: $2,750 - $3,000 – This is the mid-point resistance of the channel. Partial profits should be taken here, securing gains while allowing the remaining position to run. Second Target: $3,500 - $3,750 – Full break of the channel with increased momentum can take ETH to this level. This is a key level to exit most of the position or lock in more profits. Stretch Target: $4,000 - $4,200 – Ultimate price target based on the potential bullish reversal. If price approaches this level, full profit-taking is advisable as it would hit the channel’s upper boundary and a significant resistance area. Alternative Plan (If Breakdown Occurs): Short Position: If Ethereum breaks below $2,400, consider shorting ETH with a target toward $2,200 - $2,000 as a corrective phase could push ETH lower. In this case, place a stop-loss at $2,500, just above the breakdown level. Position Sizing: Risk only a small portion of your capital (e.g., 1-2%) based on the calculated stop-loss level to ensure risk management and preserve capital in case of invalidation. Ethereum is at a pivotal point within a descending trading channel. Current indicators suggest the possibility of a bullish breakout, but risks remain due to the general downtrend. The trading plan focuses on a conservative entry with clear stop-losses and take-profit levels to manage risk.Longby elfabiiani3
ETHUSD Testing Key Support for Bullish ContinuationHello, BITSTAMP:ETHUSD is currently testing both the weekly and daily pivot points. If these levels hold as support, we could see an immediate upward movement. In the longer term, the price remains positioned for a bullish continuation, though there might be a retest of support around 2602.496 before the bulls take control again. For deeper insights into pivot points and technical analysis, you might want to explore more advanced resources on market trends and price action strategies. "Technical Analysis of the Financial Markets" by John Murphy could be an excellent place to start! TradeWithTheTrend3344 by TradeWithTheTrend33443
What's Next For ETH, Important Factors To KnowAfter seeing some sentiment across the wires regarding a growing number of holders in ETH, the positive side case does seem increasingly important. Recent price action has suited a sideways 'uncertain' market, which also comes in despite of further 'Risk On' sentiment out of the FED which typically causes further inflows. This particular Crypto Asset mostly just awaits sentiment inflow (mass buying or selling). Until then, wise to range trade.by WillSebastian1110
ETH: Fractal Pattern Forming—Steady with Possible DownsideIt appears that a potential fractal pattern is forming for ETH. When comparing the two highlighted boxes, the ups and downs in both are similar, though the second box is on a smaller scale. If this fractal plays out, we may see some steady ups and downs for ETH, with no major moves expected in the next few weeks. However, with BTC on a downward trend over the coming days, it could pull the market down with it, leading to some further downside for ETH initially. It’s crucial that the lower support line holds—if it breaks, the market dynamics could shift significantly.by cryptechcapital3
Oct.15-Oct.21(ETH)Weekly market recapThe CME interest rate swap market predicts that the FOMC will likely cut rates by 25 basis points in November. This means that after a 50 basis point cut, the Federal Reserve will loosen its monetary policy. This is not favorable for risk assets, including BTC. In the past two weeks, BTC ETFs have seen significant net inflows, indicating that after the shift in monetary policy, funds are gradually flowing into the cryptocurrency market. This is a large-scale trend. BTC is rapidly approaching its all-time high (ATH). However, the pricing in the interest rate market for a November rate cut may lead to some degree of correction for BTC. Additionally, the U.S. presidential election will take place in early November. While Harris has expressed support for cryptocurrencies, Trump is undoubtedly the biggest supporter for the sector. The importance of the U.S. election for BTC is increasing. Led by BTC, ETH rose last week, but the overall increase was not strong, and Monday’s pullback has covered most of the gains. The WTA indicator shows blue bars representing whales. However, the ME indicator is still in a bearish trend. In summary, we believe ETH may experience a decline this week. We maintain the original resistance level at 2800 and raise the support level to 2200. 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.by Sypool1
Potential bullish bounce?Ethereum (ETH/USD) is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance which has been identified as a pullback resistance. Pivot: 2,593.65 1st Support: 2,523.16 1st Resistance: 2,685.21 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party. Longby ICmarkets228
ETH/USD (UPDATE SO FAR)So, if you're following me from the last time, I posted it was a few days ago, so here is where I stand, I put in a trade when I saw the reversal where I made the mistake was, I got happy and put the trade in too soon. I should have waited for another candle or two before submitting but we'll see I think it will go down to previous resistance or the trend line. Too soon to tell. As always, I am still learning and am open to advice and learning from anyone with experience. Also, this is not financial adviceShortby Christian_J_Cruz3
Ethereum ethEthereum is a decentralized open-source blockchain system that features its own cryptocurrency, Ether. ETH works as a platform for numerous other cryptocurrencies, as well as for the execution of decentralized smart contracts. pls check previous eth posts Longby Cryptonix-Empire114
ETHEREUM SHORT TO $786!I still remain bearish on ETHUSD. This bear market will be further supported by the U.S. elections as Donald Trump comes into power & artificially strengthens the U.S. Dollar, which'll in turn push down Crypto. 🔴5 Wave Bullish Move Complete. 🔴Wave A & B Correction Complete. 🔴Minor Wave 3 Of Major Wave C Correction Yet Pending.Shortby BA_Investments118
ETHEREUM BEARISH BIAS|SHORT| ✅ETHEREUM has retested a resistance level of 2,900$ And we are seeing a bearish reaction With the price going down but we need To wait for a confirmation Before entering the trade, so that we Get a higher success probability of the trade SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFx225
ETHUSD Possible bounce to the Up Side from the support crossingThe market has formed a double bottom and has successfully broken and closed above this pattern, as well as above the previous resistance level at 2650, which had been respected before. This indicates that the market is creating higher lows, signaling increased buying pressure. If the price bounces off the support zone below and forms rejection candles, it would suggest strong buying interest and further confirm the potential for an upward trend. The target is the resistance zone around 2750Longby RTED_InvestingUpdated 115
ETHEREUM - Sell IdeaStrong resistance key-level is coming in at $2650. Our estimation is for a downside reversal with the potential for a drop all the way back to $2285, our official profit target.Shortby BulletproofTradersUpdated 2
Ethereum Breakout Alert! argeting $3,424 🚀 Ethereum Breakout Alert! 🚀 ETH/USD pushing past resistance at $2,750 with bullish momentum. Targeting $3,424 📈 in the next 7 days. RSI showing strength, and the bull signals are confirmed on multiple timeframes. Are we ready for a new rally? 🌕💰 #ETH #Ethereum #Crypto #Trading #Altcoins #CryptoAnalysis Support at 2685 ---Longby profitoptionnew1110
Eth potential long setupI don't trade eth that much, but looking at the chart this structure looks really good. If btc does cool off and rotates back down then this would also give us a very nice setup for a long on eth as well. We have a clean 4h FVG. If given i would take the long in the area marked on the chart. Be careful entering longs on any asset for upside continuation just do to the fact of where we are in the market overall. Open Interest is very high so its reasonable to assume people are extremely over leveraged and it should not catch you off guard if we do get a nasty wick to the downside. by RampageXBT2
ETH/USD at a point where it is bullish or bearish. I put everything in the video, feel free to pause it and make comments, I do not like to go down the whole "THE WHALES wah wah wah!" Routine. This information is strictly based on everything I have learned as paper trader. This is a paper trading account, and This is how I am choosing to journal and track my trades. This is a learning moment for me as self-taught technical analyst. I have been learning a lot about trading since 2020 on and off and it wasn't until recently that I have taken it extremely seriously. Probably more important to me than school at this point and I am really hoping it all pays off. It's really showing me how undisciplined I am emotionally. Until the point where I took almost 2 weeks off not looking at charts because I was just placing dumb trades and had a $200 loss because I failed to put a stop loss with no real analysis. It took me two weeks to get to this point of actually being able to look at a chat properly. Sometimes it seems to me that I don't even know what the hell I am looking at. But that is why I am learning. I really want to take this seriously and I just think there are way too many people in this field with a lot of money and no brains and a gambling addiction. I actually want to do this professionally. So, to conclude this little historical lesson myself. I am trying to learn and would like any feedback on platforms, book, videos, or advice anyone would like to share.01:12by Christian_J_Cruz2
ETHUSD: Market Is Looking Up! Buy! Welcome to our daily ETHUSD prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 2,718.1 Wish you good luck in trading to you all!Longby XauusdGoldForexSignals117
Looks like ethereum change one hour structure As you can see one hour dynamic support its attempt multiple type but recently support is taken is looks more potential to break level 2675Longby Pull_Back_Trader_HRWAJE4