Ethereum Update: CHoCH Confirmed – Waiting for BOS & Wave C! As mentioned in my previous Ethereum analysis, ETH has completed its 5-wave impulsive rally and is currently inside wave B of a corrective ABC structure. Wave B often breaks above the wave ⑤ top to trap liquidity before a sharp wave C sell-off.
📊 Latest Price Action (30m TF):
• ETH has already shown a CHoCH by breaking the first key support at $4,753 and retesting it.
• The next crucial support lies at $4,613. If this level also breaks, it would confirm a BOS (Break of Structure) and strengthen the bearish case.
🔀 Two Possible Scenarios from Here:
1. Price retests the broken $4,753 level as resistance → then resumes the downtrend.
2. A deeper pullback toward $4,845 (acting as a left shoulder liquidity zone) → before the real wave C decline begins.
🎯 Trading Strategy:
• Wait for confirmation of BOS at $4,613.
• Once confirmed, look for bearish entry triggers (CHoCH / MSB) on lower timeframes.
• First targets: $4,100 → $3,800.
• Stop-loss invalidation above the swing high at $4,845 to maintain strict risk control.
⚠️ Remember: patience is key. Don’t get trapped in wave B’s fake breakouts — let the structure confirm wave C.
👉 Like & Follow to stay updated as we track ETH’s potential wave C move step by step!
Ethereum (Cryptocurrency)
Check for support near 4302.41-4372.72
Hello, traders!
Follow us to get the latest updates quickly.
Have a great day!
-------------------------------------
(BTC.D 1M chart)
For an altcoin bull market to begin, the price must either fall below 55.01 and hold or continue its downward trend.
(USDT.D 1M chart)
I believe that USDT dominance must remain below 4.91 or continue its downward trend for the coin market to continue its upward trend.
The maximum decline in 2025 is expected to be around 2.84-3.42.
After that, the coin market is expected to enter a bear market with an upward trend.
------------------------------------
(ETHUSDT 1D chart)
It touched the previous all-time high (ATH) range of 3900.73-4107.80 and is showing an upward trend above 4302.41.
Therefore, we need to check whether it can find support around 4302.41-4372.72.
To continue the step-up trend, it's expected to rise above 4749.30.
-
When a new candlestick is formed, a low trend line is expected to form, consolidating the trend line as shown below.
Therefore, the key question is whether the price can rise along the rising channel after the volatility period around August 28 (August 27-29).
-
The 4302.41-4749.30 range represents a high-boundary zone, requiring a short and quick response when trading.
Therefore, if the price finds support near 4302.41 and rises, it would be wise to develop a trading strategy based on the assumption that the first sell-off will occur around 4749.30.
For the uptrend to continue, rising above 4749.30,
- the StochRSI indicator must remain upward with K > D,
- the OBV must rise above the High Line and remain upward,
- the TC (Trend Check) indicator must remain upward. (Preferably, it should show an upward trend above 0.)
If the above conditions are met, I believe the uptrend is likely to continue.
-
If the price falls below 4302.41,
1st: 3900.73-4107.80
2nd: M-Signal on the 1W chart
We need to check for support near the 1st and 2nd levels above.
-
The basic trading strategy is to buy in the HA-Low ~ DOM (-60) range and sell in the HA-High ~ DOM (60) range.
However, if the price rises from the HA-High to DOM(60) range, it is likely to exhibit a step-like upward trend, while if it falls from the HA-Low to DOM(-60) range, it is likely to exhibit a step-like downward trend.
Therefore, the basic trading strategy should be a segmented trading strategy.
If you purchase a new position because the price appears to be supporting the HA-High to DOM(60) range, you should execute the trade quickly and with short-term responses.
Otherwise, if the price falls below the HA-High indicator, it is likely to decline until it meets the HA-Low or DOM(-60) indicator.
-
Thank you for reading to the end.
I wish you successful trading.
--------------------------------------------------
- This is an explanation of the big picture.
(3-year bull market, 1-year bear market pattern)
I will explain in more detail when the bear market begins.
------------------------------------------------------
Ethereum Elliott Wave Analysis: The Bull Trap Before Wave C!As mentioned in my previous two analyses, Ethereum rejected the $4,740 high and dropped to the $4,050 support zone, where it bounced exactly as projected.
From an Elliott Wave perspective, ETH has already completed a 5-wave impulsive structure and is now inside a corrective ABC phase. At the moment, price action is developing within wave B. Historically, wave B has the tendency to break above the top of wave ⑤, creating a bull trap and sweeping liquidity before the real wave C sell-off begins.
📉 What does this mean for traders?
Wave C is usually sharp, aggressive, and offers great risk-to-reward opportunities on the short side. But instead of rushing into shorts, the smart play is to wait for confirmation.
🎯 Trading Strategy:
1. Allow wave B to complete – watch for a liquidity grab above the $4,840–$4,800 zone.
2. Look for a CHoCH (Change of Character) / market structure break on lower timeframes (4H / 1H) as your entry trigger.
3. Enter short after confirmation, targeting the $4,100 → $3,800 zones first, with potential extension lower depending on momentum of wave C.
4. Place invalidation above the recent swing high to keep risk controlled.
⚡ This is a high-probability short setup forming, but patience and timing are crucial — don’t get trapped in wave B’s fake breakout.
👉 Follow for updates as we track the confirmation of wave C and refine the short targets!
ETH/USD: Could ETH Surge Past $5,000 This Week?Over the next seven days, Ethereum (ETH) is projected to experience moderate bullish momentum, potentially reaching a price range between $4,800 and $5,000.
Currently, ETH is trading at approximately $4,852.49, reflecting a recent uptick of 14.33%. This positive movement is attributed to favorable macroeconomic indicators, including expectations of an interest rate cut by the U.S. Federal Reserve, which has historically supported risk assets like cryptocurrencies.
Technical analysis suggests that ETH is trading above key support levels and is approaching resistance zones. If the price breaks through these resistance levels, it could pave the way for further gains. Conversely, a failure to maintain upward momentum may lead to a consolidation phase or a slight pullback.
Market sentiment remains cautiously optimistic, with institutional interest continuing to grow. However, investors should remain vigilant, as the cryptocurrency market is known for its volatility and susceptibility to sudden shifts in sentiment.
In summary, ETH is poised for potential gains over the next week, but market participants should stay informed and prepared for any unforeseen developments that could impact price movements.
Its Ethereum season \ Dont sleep on $ETHIts Ethereum season \ Dont sleep on CRYPTOCAP:ETH
The major resistance line that has remained unbroken for more than 3.5 years is now functioning as a support line.
Corrective waves that form in a short period of time will now only serve as fuel for another parabolic run.
Ethereum Hits a New All-Time High · $5790 Next Followed by $8513Ether is now on a path to a new all-time high and this week is hyper-bullish, as bullish as it gets.
Notice the lower wick on the current session; the week started negative and as it reaches its end, it turns positive. The action is happening at the top of the candle and this means we will see green Saturday, Sunday and for months to come.
The lack of bearish strength on the last retrace shows that sellers are simply not present.
The strong advance today and marketwide bullish action reveals a huge demand for crypto, so strong, that prices can only grow.
Ethereum (ETHUSDT) is now set to hit a new all-time high but that's not all. As I explained in a previous publication, the all-time high is not a major resistance level, it will break easily. This means that Ether will continue growing with the first target being $5,790 on the current move. $8,513 is also a high probability target later this year. We might go even higher.
The bullish bias is now fully confirmed. Ether is going up.
The cryptocurrency market will continue growing. The altcoins market will continue to heat up. This is only the start.
Namaste.
Ethereum Outperforms Majors as Crypto Sentiment Shifts Again 🌐 Ethereum Outperforms Majors as Crypto Sentiment Shifts Again 🔄📊
Trump talks 401(k) crypto 🗞️, BTC reclaims the key $115,800 level 💪, but today we zoom into what the charts are screaming — and Ethereum is leading.
While headlines fly, structure never lies. Let’s compare ETH against other majors 👇
🔷 ETHUSD – The Breakout That Sparked It All
📈 ETH broke free from the "Clashing Resistances" zone (SYMPLIGADES).
It’s now targeting $4,086.5, with potential expansion toward $4,881.9 if momentum holds.
🟨 Key zones:
$3,744 = retest zone
$3,830 = resistance-turned-support
$4,005 = psychological milestone
The 1-2-3 model is alive and well.
And ETF news + BTC support is the fuel ETH needed. 🔥
📊 ETHBTC – The Hidden Strength Ratio
This is what most traders miss:
➡️ ETHBTC has been in stealth accumulation mode.
Now aiming for 0.06274 — a huge reclaim zone not seen since mid-2022.
This ratio matters because it signals altcoin rotation, not just price action.
💀 SOLETH – The Bleed Continues
We called it months ago:
Solana may have great tech (Rust, speed), but it’s paying the price for memecoin mania and diluted narrative.
SOLETH is in freefall — currently below 0.045, with support at 0.04176 and 0.02080 next if weakness continues.
ETH is eating market share back.
📉 XRPETH – Short Hedge in Play
XRPETH structure remains bearish.
Even after multiple divergence plays, XRP continues to underperform against both BTC and ETH.
Target zones:
🧊 0.00004638
🧊 0.00002246
XRP fans — this is not personal. This is chart-based reality.
🗞️ Don’t Forget the Macro Backdrop:
SEC just greenlit direct BTC/ETH usage in ETF flows
Trump hints at crypto-friendly 401(k) policies
China is brewing something (rumor or tumor — still unclear 😅)
BTC just reclaimed $115,800, setting sights on $122,795 → $132,595
This market isn’t waiting for confirmation — it’s moving based on structure.
🚫 What I Avoid in This Cycle:
❌ Memecoins (low trust, no ETF tailwind)
❌ GameFi (zero relevance right now)
❌ Ghost L1s (no users = no bids)
🧠 Final Take:
Ethereum is clearly leading the pack.
BTC is reclaiming its throne.
Solana is bleeding relative to ETH.
XRP is stuck in divergence hell.
So we trade the structure, not the hopium.
📈 Alt season won’t be a meme — it will be rotation-driven, narrative-backed, and ETF-aligned.
📽️ Full explanation in my previous video post — check it out if you want full breakdown on ETFs, ETH’s structural strength, and the geopolitical backdrop with China.
One Love,
The FXPROFESSOR 💙
Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 🌟🤝📈
The Unicorn Breakout Part II – Ethereum at $4K, Queen of Crypto🦄👑 The Unicorn Breakout Part II – Ethereum at $4K, Queen of Crypto 📈♟
I’ve had a lot of conversations these past months.
Some friends told me ETH had no power, no influence.
One even called it the “bitch coin.”
Others insisted it lacked dynamics, that it was doomed to trail behind Bitcoin forever.
But the chart… the chart said otherwise.
That’s why, as a trader, so often I close my ears and follow the chart.
📜 The Recap
From “Push North” in 2021, to the “1-2-X” setup, and the July Unicorn prophecy, ETH has kept its dance inside the quadratic regression channel for over 7 years.
In Part I, we called $4,000 the first milestone. Now, it’s reality.
♟ Bitcoin is King, Ethereum is Queen
With recent leadership changes bringing renewed energy and sharper marketing, plus the Petra upgrade quietly powering under the hood, ETH is stepping into the place it deserves. The queen is the most powerful piece on the chessboard — and in this market, Ethereum is moving exactly like one.
📊 What’s Different This Time
-Network activity is pushing toward record levels.
-Transaction counts are surging, signaling deeper engagement.
-The ETH vs BTC conversation is back, and capital rotation is happening in real time.
🛠 Levels I’m Watching:
$4,092 – Current resistance zone.
$6,034 – Mid-regression line, the next battleground.
$8,674 – Unicorn Zone. Euphoric breakout territory.
$3,372 – Short-term support. Below here, $2,912 is on deck.
💙 The Human Note
This run is proof: conviction matters. Sometimes the crowd is wrong, the noise is deafening, and the chart is the only friend that tells the truth.
Trade with discipline, but live with intention. Spend time with those you love. Build things worth remembering. And when you play the game, know when to move your queen.
The Unicorn has hit $4K. The Queen has entered the center.
Next move? Checkmate at $6K? We’ll see.
One Love ,
The FX PROFESSOR 💙
Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 🌟🤝📈
ETH Shatters Downtrend with Explosive Breakout | Bulls Take FulChart: ETHUSDT, 1H
Bias: Bullish
Analysis:
Hello, traders! We are witnessing a dramatic and powerful shift in the ETHUSDT market structure that warrants immediate attention.
The Previous Bearish Context:
For several days, Ethereum has been trading within a well-defined bearish channel. This downtrend was characterized by:
A clear descending trendline that has been respected with multiple touches, acting as dynamic resistance.
A series of confirmed lower lows and lower highs, with multiple breaks of structure to the downside (indicated by the "Strong" lows being broken).
Overall seller dominance, pushing the price down from the $4,788 high to a low of around $4,042.
The Bullish Takeover (The Main Event):
The narrative has completely changed in the last few hours. A massive wave of buying pressure has resulted in an explosive move to the upside. The key developments are:
Decisive Trendline Break: A very strong, high-momentum bullish candle has completely shattered the long-standing descending trendline. This is the most significant bullish signal on this chart, indicating the previous downtrend is now invalidated.
Break of Market Structure: This upward thrust has also broken through several previous resistance levels, including the swing high around $4,400. This constitutes a major Change of Character (CHoCH) and confirms a shift in control from sellers to buyers.
Potential Scenarios & Key Levels:
Bullish Continuation (Primary Scenario): With such strong momentum, the path of least resistance is now to the upside. Traders might look for long opportunities.
Potential Entry: A textbook entry would be on a successful retest of the broken trendline or the recently broken resistance level around $4,400, which should now act as support.
TP 1: The previous major high at $4,788 (the '1' on the Fibonacci scale).
TP 2: The next major area of resistance, identified by the indicator as the "Perfect Sell Zone 1", starting around $4,880.
Invalidation Scenario: While the breakout looks powerful, traders must always manage risk. The bullish thesis would be invalidated if the price were to reverse, fall back below the broken trendline, and close decisively below the $4,300 support area. This would suggest the breakout was a bull trap.
Conclusion:
The evidence on the chart is overwhelmingly bullish in the short to medium term. The break of the multi-day trendline is a significant technical event that cannot be ignored. The immediate bias has shifted firmly in favor of the bulls. The key will be to watch for a potential pullback for entry opportunities and to see how the price reacts as it approaches the next major supply zone around $4,900.
Disclaimer: This is not financial advice. This is for educational purposes only. Always do your own research (DYOR) before entering any trade.
ETH Swing Long Opportunity ETH Daily Recap & Game Plan – 20.08.2025
📊 Market Sentiment
Overall sentiment remains bullish, supported by expectations of a 0.25% rate cut in the upcoming FOMC meeting. A weakening USD and increasing global risk appetite are creating favorable conditions for further upside in crypto assets.
📈 Technical Analysis
Price has been climbing in recent weeks, and we are currently in a retracement phase along with global markets (NQ and ES).
Price tapped into an untapped swing high, which is a strong zone I’m watching for reactions.
Additionally, price reached the equilibrium level of the Fibonacci (0.5), which places it in discount territory for me.
📌 Setup Trigger
The setup has already been triggered for me.
A 1H demand zone formed right after the EQ level was tested, so I entered the trade.
📋 Trade Management
Stoploss: 4035$
Targets:
TP1: 4279$
TP2: 4672$
TP3: 4888$ (ATH)
💬 Like, follow, and comment if you find this setup valuable!
⚠️ Disclaimer: This content is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Always do your own research before making any financial decisions.
ETHUSD
📈 Conditional Trade Setup – ETHUSD (Long)
🔹 Bias: Bullish (Trendline Break)
🔹 Signal: Bullish divergence spotted ✅
🔹 Condition: Wait for 📦 Rectangle Breakout
🔹 Confirmation: A strong bullish candle must close above the Lower High
📊 Trade Plan (on chart):
🟢 Entry (EP): Marked on chart
🔴 Stop Loss (SL): Marked on chart
🎯 Take Profit (TP): Levels highlighted
⚠️ Patience: Only execute once breakout candle confirms above LH.
Eth- Continues to follow a strangely accurate fractal Aug 20th I suggested that Eth would enter a sideways channel. That is now confirmed. How could I have know that without a crystal ball?
Fractals are a mathematical anomaly. Price action "respects" these "trendlines" & patterns so perfecly. Yet on a graph (chart), this linear function has several veriables (y=mx+b). With this may variables in a linear equation, how do you explain fractals?
- Is human behavior just simply predictably repeating?
ETH/USDT Chart Analysis CRYPTO:ETHUSD ETH/USDT shows a strong upward move after a period of consolidation and a breakout from a descending trendline.
Bullish Momentum: The price has moved significantly higher from the S/R level and is currently trading at the higher end of the recent range.
Impulsive Move: The recent candle is a large green candle, indicating strong buying pressure and an impulsive move to the upside.
Potential Pullback: As mentioned in the previous analysis, the price may experience a pullback or a retest of the broken trendline. The strong move up could be followed by some profit-taking before a continuation of the trend. This is a common pattern in breakouts.
Key Levels: The price action confirms that the S/R level around $4,284 is a critical area. As long as the price stays above this level, the bullish structure remains intact. A break below this level could signal a false breakout and a return to the previous range.
ETHUSD bullish breakout?The ETHUSD remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 4,100 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 4,100 would confirm ongoing upside momentum, with potential targets at:
4,450 – initial resistance
4,730 – psychological and structural level
5,070 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 4,100 would weaken the bullish outlook and suggest deeper downside risk toward:
3,990 – minor support
3,830 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the ETHUSD holds above 4,100. A sustained break below this level could shift momentum to the downside in the short term.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
ETH New Analysis (4H)After the weekly trigger line was broken and a key supply was cleared, most of the major market participants have been accumulating Ethereum. Considering the momentum and power of the previous bullish trend, we expect nearby supports to hold well and a large distribution phase to form.
In this phase, in order to fill the orders of big players and create a strong bullish outlook before a major correction, the price is expected to revisit the previous bullish wave or even hunt Ethereum’s all-time high.
As long as the green zone holds, we anticipate a price pump for Ethereum in the coming days.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
BTC is losing dominance, Alt season!With the passing of the Genius Act , ETH , ADA , and many other American altcoins gained strong momentum. BTC dominance is bearish, and with the Clarity Act in the process of being passed, I expect lower dominance for BTC in 2025 and 2026. As you can see in the weekly chart, BTC dominance lost its momentum within a key rising parallel channel and dropped into a lower channel. Alt season is coming!
ETHUSD develops new bullish impulseETHUSD develops new bullish impulse
Ethereum is surpassing Bitcoin due to the anticipated approval by the SEC for spot ETFs, the increased adoption by companies, and the positive stance of the SEC regarding liquid staking tokens, which has sparked institutional interest.
Recently the asset managed to hold above the 4,200.00 level. Right now, ethereum is developing a new bullish momentum heading towards 4,600.00 local resistance. MACD has crossed and is in the green zone currently on 4-hour timeframe.
ETHUSDT analysis – 1D OB & Market Structure Scenarios/ AltseasonOn the daily chart, Ethereum is consolidating below the ATH resistance (4859) after a strong rally.
We currently have two major Daily OB demand zones:
First Daily OB around 3200–3600
Second Daily OB around 2400–2800
From here, I see three possible scenarios:
1️⃣ Continuation without deep retracement → Price holds above 4100 and breaks ATH (4859).
2️⃣ Shallow pullback → Price dips into the 3200–3600 OB, then rallies back above ATH.
3️⃣ Deep correction → Price retraces into the 2400–2800 OB before starting a new bullish leg.
⚡ Key point: If any of these three bullish scenarios play out alongside a drop in BTC dominance and a rise in ETH dominance, it could be the real start of an Altseason, with ETH leading the market and altcoins following strongly.
📊 ProfitaminFX | Gold, BTC & EUR/USD
📚 Daily setups & educational trades
IOUSDT — Descending Triangle at Key Demand Zone!✨ Overview
The IOUSDT chart on the daily timeframe is showing a critical consolidation phase after a prolonged downtrend. Price is currently sitting inside the major demand zone 0.53–0.65, forming a descending triangle pattern — a classic setup that often leads to a decisive breakout move.
The falling trendline (yellow) is pressing down a series of lower highs, while the horizontal support around 0.60 remains intact. This reflects a supply vs demand compression: once this battle ends, the market usually delivers a strong directional move.
---
📈 Bullish Scenario (Breakout Potential)
1. Trendline Breakout
A daily close above the descending trendline would be the first signal that sellers are losing control.
Stronger confirmation comes with a successful reclaim of 0.843 (nearest horizontal resistance).
2. Bullish Targets
If a breakout occurs, price could aim for the following resistances step by step:
0.843 → breakout validation.
1.171 → psychological resistance.
1.450 → prior supply zone.
2.222 – 2.801 → expansion zone.
4.215 → major resistance & mid-term target.
3. Why Buyers May Be Confident
The 0.53–0.65 demand zone has held firmly since April 2025.
Bearish momentum is weakening, as sellers have failed to print significantly lower lows.
---
📉 Bearish Scenario (Breakdown Continuation)
1. Support Breakdown
A daily close below 0.513 would confirm a breakdown from the descending triangle.
The projected measured move points towards 0.37–0.40 as the next major target.
2. Retest Setup
After a breakdown, price may retest the 0.53–0.60 zone as new resistance before continuing lower.
Aggressive traders could look for short opportunities here.
3. Bearish Risk Factor
If a false breakdown occurs and price quickly recovers above 0.53–0.60, sellers may get trapped, potentially triggering a short squeeze rally.
---
🔑 Key Technical Takeaways
Descending Triangle → Typically bearish continuation, but an upside breakout can flip it into a strong bullish reversal signal.
Demand Zone 0.53–0.65 → The make-or-break area for buyers to defend.
Downtrend Line → As long as it remains unbroken, mid-term structure still favors sellers.
---
🎯 Conclusion
IOUSDT is now at a make-or-break junction:
Bullish case: breakout above trendline + reclaim of 0.843 could fuel momentum towards 1.171 and even 2.222.
Bearish case: daily close below 0.513 may unlock further downside into the 0.37 area.
Patience is key — waiting for a confirmed breakout or breakdown will provide clarity for the next strong move.
#IOUSDT #IO #CryptoAnalysis #DescendingTriangle #BreakoutSetup #BearishOrBullish #SupportResistance #PriceAction #TrendlineBreakout #CryptoTrading #TechnicalAnalysis
Ethereum 7 Days Later · Retrace Or Correction?More information is available now that Ethereum has been retracing for seven days, we can start to make some predictions by analyzing how the token is currently behaving, for example; there isn't much on this chart other than high volume the day that ETHUSDT peaked, the other bearish signals are weak.
The drop is not strong. ETHUSDT is trading safely above EMA55. This move resembles what happened 11-June. A retrace.
On 11-June ETHUSDT peaked at $2,879 and started to retrace. 11 days later, 22-June, ETHUSDT bottomed at $2,111 and that's it, that was the retrace. The entire move was a 26.65% drop, I think we can see something similar.
28-July ETHUSDT peaked again but only briefly, there was a six days long retrace totaling -14.89%. The drop happened from $3,941 to $3,354 but then Ethereum just kept on growing as if nothing happened like before; it is possible to see something similar.
The strength of the current drop, after seven days of bearish action, seems weak. It can intensify in a flash and we see a market crash, but the same dynamics that are present with Bitcoin are also present here. A major crash or flush would only result in a prolonged recovery followed by higher prices.
Ether is likely to move lower but not much lower. Ether is likely to consolidate just to move higher. Ether is growing. Keep it simple.
Namaste.
#ETH #ETHUSDT #ETHEREUM #Analysis #Update #Eddy#ETH #ETHUSDT #ETHEREUM #Analysis #Update #Eddy
According to the formed pattern, namely QM in the RTM style on the weekly block breaker, I expect an upward movement and a ceiling hunt and an ATH of Ethereum, and also in the ICT and liquidity styles, I expect a Fake BOS and a drop to the weekly block order to liquidate long positions and then continue the upward trend according to the analysis I did on the chart and the Path I drew. I expect the Ethereum currency to act accordingly.
So I expect an upward movement, a drop and a re-rise according to this analysis and explanation.
The important upper timeframe area for volatility has been identified and named.
These settings are based on a combination of different styles, including volume style with ict style and a combination of RTM and liquidity style.
Based on your strategy and style, get the necessary confirmations to enter the trade in these volatility settings.
Don't forget about risk and capital management.
The entry point, take profit point and stop loss point along with their values are indicated on the chart.
The responsibility for the transaction is yours and I am not responsible for any failure to comply with your risk management and capital.
🗒 Note: If, according to the analysis, the progress after the main rise begins, I expect the price of Ethereum to reach the targets of the latest analysis provided on Ethereum, which will be attached.
⚠️ Warning: Predicting market movements is a mistake and this analysis may be violated, so do not rush into your decisions and proceed to trade after obtaining the necessary confirmations. Market makers will always surprise us and predicting movements and future movements is a complex and difficult task.
Check out my previous analysis on Ethereum via the link below :