Double Bottom pattern Eth Usd at 4h chatEth Usd is making double bottom at 4h time frame if eth breaks the neckline at the price of 3278 we can see the price at 3689. we can put the buy-stop order above the 3278.Longby EhtishamAhsan334
EthereumWith Bitcoin halving passing and Ethereum hitting the possible support zone according to the analysis of the time frame I posted, Ethereum is expected to reach $3,200-$3,300 during the trading week.Longby sashacharkhchianUpdated 225
ETHISD H4Certainly! Here's a comprehensive analysis for ETHUSD (Ethereum/US Dollar) based on the latest available data: Technical Analysis: Moving Averages : The current sentiment based on moving averages is mixed. Some short-term moving averages suggest a **buy** signal, while longer-term ones indicate a sell. Oscillators : Indicators like RSI and MACD are showing **buy** signals, suggesting bullish momentum. Pivot Points: The pivot point for ETHUSD is at 3,262.85, which acts as a crucial level for traders to watch. Support and Resistance Levels: First Resistance Level (R1): 4,045.80 Second Resistance Level (R2): 4,089.90 First Support Level (S1): 2,989.64 Second Support Level (S2): 2,469.50 Fundamental Analysis: The fundamental outlook for Ethereum is influenced by the overall sentiment in the cryptocurrency market, regulatory news, and technological advancements within the Ethereum network. Market Sentiment: The market sentiment is currently cautious due to various global economic factors affecting the cryptocurrency market. Regulatory News: Any upcoming regulations or government statements regarding cryptocurrencies can significantly impact the price. Network Updates: Ethereum's transition to Ethereum 2.0 and its impact on scalability and transaction fees is a positive fundamental factor. Conclusion : Given the mixed signals from technical indicators and the cautious market sentiment, it's essential to be mindful of the support and resistance levels when considering a sell position. The fundamental factors such as network upgrades can have a long-term positive impact, but short-term price movements are likely to be influenced by market sentiment and technical levels. Please note that this analysis does not constitute investment advice and is for informational purposes only. It's always recommended to do your own research and consider your risk tolerance before trading.by ForexFlightsUpdated 116
ETH - ☀️ & Slightly Bullish for the Week AheadLast week, three issuers obtained approval to launch spot Bitcoin and Ether ETFs by Hong Kong’s Securities and Futures Commission (SFC). These new funds will start trading on April 30, according to various sources, including 10x Research. The approval of the first spot ETH ETFs in the US next month does, however, seem unlikely. “Eerily quiet on spot eth ETFs… Consensus is SEC will disapprove in May. Reason = lack of engagement w/ issuers. Logic says that’s correct, but also wonder if SEC learned lesson from clown show w/ spot btc ETFs. Either way, options are either A) approve or B) face lawsuit IMO,” said Nate Geraci, the co-founder of the ETF Institute. The price of Ether fell 1.1 percent to $3,187 over the past 24 hours. A bullish sun shines over most of the global crypto market in the next 24 hours. Mostly sunny trading conditions prevail over Ethereum, which translates into a slight upside potential. Ripple’s XRP, Avalanche and Chainlink face bearish clouds, signaling downside risks. Over a one-week horizon, the bullish sun should continue to shine over the cryptoverse, with the exception of Binance Coin and Uniswap, which all face bearish clouds. Follow this account for more crypto news and weather reports!Longby ATTMO112
ETHETH update Here are all Zones which are Targets (step-by-step). Note - all negated IF ETH break Trend Line (blue down there. Good Luck!by sunmikee112
Pullback resistance at 50% Fibonacci retracement?Ethereum (ETH/USD) is rising towards the pivot which has been identified as a pullback resistance. Could this crypto-currency potentially stall around this level before reversing to drop towards the 1st support? Pivot: 3,256.52 1st Support: 2,945.02 1st Resistance: 3,436.46 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.Shortby ICmarkets113
Apr.16-Apr.22(ETH)Weekly market recapUnder the conflict between Israel and Iran, many short-term holders have entered a state of loss, the capital market has released risks. NDX and technology stocks have experienced a week of losses so far. In the crypto market, although many Altcoins have experienced significant callback, BTC has never effectively penetrated 60000. Continued inflows into ETFs and the supply and demand changes brought about by the halving provide bulls. In the early morning of last Saturday, BTC completed its fourth halving. At the time of halving, BTC did not experience large fluctuations. Although U.S. economic conditions do not support an immediate interest rate cut, we are still moving toward easing. Therefore, we believe that BTC may experience as the previous halvings, and refresh ATH within the one year. The main DeFi activities in the current market are staking and re-staking. The previous drop punctured the the bubble of circular staking, causing the health of leverage to rise. After the halving, there will be no major events in the crypto, and price fluctuations will return to changes in monetary policy. ETH’s performance continued to be weak last week. While BTC remains volatile at high levels, ETH rebounds in a downward channel. During the rally, like BTC, the blue columns representing whales turned into a red columns representing sharks. This shows that whale participation gradually decreases as the price rebounds. The ME indicator continues to narrow and is close to switching into a bearish trend. To sum up, we believe that ETH may rise driven by BTC this week, but there is a high probability that it will perform worse than BTC, and the ETH/BTC rate may fall again. We maintain our original resistance level 2800 and support level 3700. 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 Sypool112
#eth Ethereum is currently forming a large descending channel p#eth Ethereum is currently forming a large descending channel pattern🧐 A breakout above the $3250 resistance level could trigger a significant pump, pushing CRYPTOCAP:ETH towards the $4050 immediately🚀Longby CryptoSkullSignal111
$ETH Price Prediction 4/22/2024Resistance holds in at 3210 creating another step which may drop us back to short-term EMAs. A third step can be assumed off this formation and would likely be enough to break zone. With 200EMA at the lower boundary we can expect increased resistance moving forwards. If true, there's a chance this alignment could last until the 3370-pattern intersection. www.tradingview.comby CheddarBizcuitz1
Ethereum Flip the area will bring next box for Ethereum .or current 3130 good area for long by mashoodamjad911ma112
Ethereum Eyes $3,600 Resistance as Bullish Signals EmergeEthereum, the world's second-largest cryptocurrency by market capitalization, is exhibiting signs of a potential breakout after a period of consolidation. Recent technical indicators, including a Simple Moving Average (SMA) crossover and price action hovering near a resistance level, suggest a bullish outlook for Ether (ETH). Breaking Down the Bullish Signals: • SMA Crossover: A Simple Moving Average (SMA) is a technical indicator used to gauge an asset's price trend. A recent crossover has occurred where the short-term SMA (often the 50-day) has crossed above the long-term SMA (often the 200-day). This crossover historically signifies a shift in momentum towards an uptrend. In Ethereum's case, the recent crossover suggests a potential break above resistance levels and sustained price increases. • Price Consolidation Around $3,600: Following a volatile period, Ethereum's price has been consolidating around the $3,600 mark. This consolidation phase indicates a period of indecision between buyers and sellers. However, if the price manages to break decisively above this resistance level, it could signal a continuation of the uptrend. • Underlying Demand: Despite the recent market volatility, there appears to be underlying demand for Ethereum. The ongoing development of the Ethereum ecosystem, including the highly anticipated shift to a Proof-of-Stake consensus mechanism, is attracting investor interest. This could provide long-term support for ETH prices. Potential Roadblocks: While the technical indicators are encouraging, some factors could impede Ethereum's upward trajectory: • Macroeconomic Uncertainty: The broader macroeconomic environment remains a source of concern for investors. Rising inflation and potential interest rate hikes by the US Federal Reserve could dampen risk appetite, impacting cryptocurrency prices, including Ethereum. • Regulatory Landscape: Regulatory uncertainty surrounding cryptocurrencies persists. Increased government oversight could potentially stifle innovation and adoption within the Ethereum ecosystem, impacting its long-term growth prospects. • Competition: The cryptocurrency market is a highly competitive landscape. The emergence of new blockchain platforms vying for market share could pose a challenge to Ethereum's dominance. The Path Forward The success of Ethereum's potential breakout hinges on several factors. Overcoming the $3,600 resistance level and maintaining momentum above it will be crucial. Additionally, positive developments within the Ethereum ecosystem, coupled with a favorable macroeconomic environment, could further fuel the rally. Investors should closely monitor the following: • Price Action: Sustained price movement above the $3,600 resistance level is a key indicator to watch. • Trading Volume: Increasing trading volume alongside a rising price suggests strong buying pressure. • Regulatory Developments: Any regulatory clarity or positive pronouncements could boost investor confidence. Conclusion Ethereum's recent technical indicators and price action paint a cautiously optimistic picture. The SMA crossover and price consolidation near $3,600 suggest a potential breakout. However, navigating the broader market uncertainties and overcoming competition will be essential for Ethereum to sustain its upward trajectory. Investors should conduct thorough research and maintain a risk-tolerant approach before entering the cryptocurrency market. Longby bryandowningqln223
ETHUSDT SELL PROJECTIONS ETHUSDT is in a downtrend and we can see price resting in our very good POI which we can also see a break of structure and price has mitigated the FVG so we go short Shortby Silveryekerete112
Ethereum's Promising Horizon - What's Next for ETH?📈🌟 Ethereum's Promising Horizon - What's Next for ETH? 🚀💡 Hi everyone, time to look at Ethereum, and I must say, Ethereum at this stage looks more promising to me than Bitcoin. For the coming weeks, my focus will be on Ethereum for quite a few reasons. Let's dive into the chart: we've witnessed a dip, and the 2850 level has now established itself as very healthy support. This pivot point was a former resistance in August 2022 and again more recently in January this year. It has now been confirmed as robust support, and I'm anticipating the price to rise to the levels of 3,700 and eventually 4,300. I'm setting my sights on new all-time highs this year or the beginning of next, targeting 6,000. When we pivot to the fundamentals, we need to delve into the developments surrounding Ethereum ETFs and the SEC's expected decision. The SEC has postponed its verdict on Ethereum ETFs from powerhouses like BlackRock and Fidelity until late December 2023. This comes amid internal resistance within the SEC and varying degrees of optimism from industry experts regarding the approval of an Ethereum spot ETF, with predictions ranging widely. Despite the delay, over 90,000 ETH have been withdrawn from exchanges, which could indicate a holding pattern in anticipation of regulatory decisions. Additionally, BlackRock's CEO has highlighted the potential value in Ethereum ETFs, particularly following the green light for spot Bitcoin ETFs. Nevertheless, SEC Chair Gary Gensler's approval of Bitcoin ETPs and his cautious regulatory stance may not necessarily extend to Ethereum, which continues to maintain its influential role in the crypto conversation. With a crucial deadline approaching in May for the VanEck's application, the coming months are pivotal for Ethereum's ETF prospects and its market impact. Stay tuned as we navigate these promising yet uncertain waters. Ethereum's journey is as dynamic as ever, and I'm here to keep you updated every step of the way. One Love, The FXPROFESSOR 💙 Links: 1. ambcrypto.com 2. u.today 3. en.cryptonomist.ch 4. en.bitcoinsistemi.com 5. www.newsbtc.com 6. ambcrypto.comLongby FX_Professor5514
ETHEREUM Massive support cluster on this Bull Flag. Target 10k??Ethereum (ETHUSD) traded exactly the way we wanted it last time we looked at it (January 09, see chart below) At the moment, the price is trading below the 1D MA50 (blue trend-line), having recovered the 1D MA100 (green trend-line) on what was a bottom on the 6-month Bullish Megaphone. This Higher Low was almost priced on the 0.382 Fibonacci level. That is similar to the June 15 2023 Bullish Megaphone Higher Low on the 0.382, which as it held the 1D MA200 (orange trend-line), it pushed the price to a rebound. However the 1D MA200 was broken (closed a 1D candle below) after and ETH had to find Support on the 0.5 Fib before it started the current Megaphone. The peak came almost on the -1.00 Fibonacci extension. As a result, as long as Ethereum keeps the 1D MA200 intact, we are bullish. If it closes even a single candle under the 1D MA200, we will wait for a comfortable buy on the 0.5 Fib (2500). On both cases, the Target is $10000 (Fib -1.00 extension). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇by TradingShot1134
Ethereum- Back to 4k, confirmation is needed thoughAfter breaking below the horizontal support level in the 3.2k zone two Saturdays ago, BITSTAMP:ETHUSD remained below this crucial level throughout last week. However, after initially reversing upon touching 2850, Ethereum tested that level again and reversed once more on Friday, forming a prominent daily Pin Bar on our chart. As of now, the price has returned to the resistance zone (the former support), and a break back above it would indicate a false breakout and the completion of the correction. I am bullish on Ethereum and am inclined to buy on dips. My target is a retest of the 4k mark.Longby Mihai_Iacob4418
ETHUSDT BULLISH TARGET 5KETHUSDT Crab pattern still at play on the daily and weekly TF.The bullish momentum targets 5k after a healthy retracement to 0.5 fib levelby Raf_Krypto112
ETH/USDThe current buying zone for Ethereum against the US Dollar is at $3215.40. This suggests that it's a favorable opportunity for investors to consider acquiring Ethereum at this price point. Setting take-profit levels at $3281.20, $3330.70, and $3401.00 indicates potential price targets where investors can consider selling their Ethereum holdings to lock in profits. However, it's important to exercise caution, as investing always carries risks. Establishing a stop loss at $3148.00 serves as a precautionary measure to limit potential losses in case the market moves unfavorably. By strategically setting these parameters, investors can navigate the market with more confidence and mitigate risks while capitalizing on potential gains in the Ethereum market.Longby FOREX_trade_0111144
$ETH Price Prediction 4/21/2024ETH remains above the daily close goal as short-term EMAs begin to close in. Successful divergence could push us past 3210 right to 200EMA/lower pattern support boundary. The next D1 goal is around 3370 which would place us at pattern support EOW. www.tradingview.comby CheddarBizcuitz1
Ethereum Price Forecast📊In the W1 , we had the same movements that caused the price to stop in those levels , and according to the past chart, we can expect a stop at the 3300$ and 4470$ levels in the next price movements, which will lead to a deep correction. 🔗 For more communication with us, send a message in TradingView.by ahmadarzUpdated 2224
its clearbuy dip not top The correction has been completed and the first ascending leg has been completed and we are ready for the next wave which will have good strength. You should hurry here, not later.Longby vahid73d112
ETHUSD Analysis 202 Crypto Analysis (21st April 2024) ETHUSD Analysis On the 4 hour Timeframe, Price action is currently retracing into a FVG which created a Change of character before attempting to break a lower low and failing. If price action respects the FVG or the OB on the 4 hour timeframe and create a change of character at the 3021.30 Level price action is more than likely to break and retest that level to continue lowerr taking out the sell slide liquidity Below. However, if price action decides to break aggressively above the 3279 level, there is a high chance price action will pump towards the 3550 Level. Keep a look out for bullish confirmation like a break and retest, or a retest of a bullish FVG.by CallistoFX113
$ETH Price Prediction 4/20/2024A solid recovery positions ETH above the new D1 goal with about 1/2hr left until close. 50EMA is also around this zone which should strengthen support if a flip is successful. We could be looking at continuation to 200EMA in the near future. www.tradingview.comby CheddarBizcuitz3