ETH analysisETH is currently holding the support zone, which indicates a positive trend. There may be some rally before the next move up. If you missed the entry earlier, open a long position in the support zone. Support zone: $3,640-$3,720 Resistance zone: $3950-4000by babyrichcryptoUpdated 1
ETHUSDTUpdate on our trade yesterday on #ETH If you like these types of setup Follow and share! 00:45by XTradeSetup1
Action with volume profile combine market structureCombine volume profile and Market structure In this video I clearly define the concepts Volume Profile will give you price ranges In the price zones there are price keys (key levels). and read the price map, from there create a trade plan01:00:00by Dc7170
Eth chart analysis weekly trendEth chart analysis weekly trend Eth looks week and in downtrend in weekly chart i hope soon we will revisit 2950 again to support level DIYOR by MehranSwingTraders0
Eth Long IdeaAfter ETF Short a good idea for a long position on Eth is at the Golden pocket of Fib Confirmations: 4H,1H,24Min MarketCipher Bullish Divergence + MoneyFlow DivergenceLongby nkryan1
ETH/USDT Trend Analysis for June 2024Date: June 11, 2024 Based on recent data and analysis, the trend for ETH/USDT during June 2024 can be summarized as follows: Current Price and Movement: The current price of ETH is approximately 3,492 USDT (Coinbase) (TradingView). Over the past week, the price has decreased by around 7%, while the monthly performance shows a 15-20% increase from around 2,930 USDT (Coinbase) (CoinGecko). Support and Resistance Levels: Support Levels: Key support levels are identified at 3,580 USDT and 3,202 USDT, with lower supports at 2,852 USDT and 2,652 USDT (Trend Surfers). Resistance Levels: Significant resistance levels are at 3,730 USDT, 4,027 USDT, and potentially up to 4,372 USDT if the bullish trend continues (Trend Surfers). Trend Direction: Sideways/Upward Movement: The current trend is showing a mix of sideways and potential upward movement. While there has been some selling pressure, the price has managed to hold above key support levels, indicating that bulls still have some control (TradingView) (Trend Surfers). Potential for Continuation: If the price maintains above the 3,730 USDT level, it could continue to rise towards higher resistance levels. Conversely, if it fails to hold, there might be a retest of lower support levels around 3,580 USDT and 3,202 USDT (Trend Surfers). Market Sentiment and Indicators: Moving Averages: The 21-day and 55-day EMAs are currently supportive, indicating bullish sentiment in the medium term (TradingView). Trading Volume: The trading volume remains robust, indicating active market participation which supports the potential for continued volatility and movement within the current trend range (Coinbase) (TradingView). Overall, for June 2024, ETH/USDT is exhibiting a sideways to slightly upward trend, with critical levels to watch around 3,730 USDT for resistance and 3,580 USDT for support. The market shows potential for both upward continuation if support levels hold or a pullback if resistance proves too strong.Longby maayyash1
ETH DIVERGENCE We are pleased to inform you that a bearish divergence has been identified in the ETHUSDT pair on the 1-week timeframe. This pattern could indicate a potential downtrend in the near future. We recommend all traders and enthusiasts to stay vigilant and consider this information in their analysis and trading strategies. We hope our contribution is helpful and continues to support your decisions in the crypto market. Happy investing and let's keep growing together!Shortby HunTradeio0
Ethereum 5-day double-layer Fibonacci blueprintEthereum 5-day double Fibonacci blueprint, the main short-term target price is at the green and white Fibonacci prices below, and the main long-term target is at the green and white Fibonacci prices above. Both rises and falls are in this chart. Do not look at a single direction, but use the green and white line prices according to different market conditions.by ZhongBenCong0011
Bitcoin 5-day double Fibonacci blueprintBitcoin 5-day double Fibonacci blueprint, the main short-term target price is at the green and white Fibonacci price levels below, and the main long-term target is at the green and white Fibonacci price levels above. Both rises and falls are in this chart. Instead of looking at a single direction, the green and white line prices are used according to different market conditions.by ZhongBenCong0011
ETH priceThe second largest cryptocurrency, Ethereum (ETH) witnessed a slight decline and dragged below its key support zone of $3700. by TheCoinRepublic0
Golden Opportunity for Longing.Based on the historical market, the bitcoin halving event would followed with a significant price growth of the crypto assets, which matches the current market status. Thus, a bull market are expected in the next one and a half year. As for the sentiment analysis, the current funding rate in bitcoin perpetual market are maintaining a slight negativity in the past 2 weeks, that indicate a stronger short bias in the general market. And the open interests drops up to 20~30% from its all time high, in which alt coin market drops even further, for instance open interest of dogecoin dramatically drops 60% up to todays date. Therefore, its treated as a cooling off of the bull hype in first quarter of 2024, which viable long opportunities are provided. Above statement convey that a definite bull market are expected from now to the coming 2025, and current the market sentiment are expecting a strong short bias, which given a much higher liquidity for accumulation. Therefore technical analysis can be deploy to identify longs opportunity. Technical specking, by using the vegas tunnel system in combined with a retracement type of price entries, the current mark prices of ETH is matching the condition for a high risk reward ratio and a high winning possibility trade. And a much wider growth space in compare to the bitcoin market. Personal fund deployment will be 50% of my total fund in with a 2x leverage utilities. This is not a financial advice, trader should align with owns trading plan which present owns reponsibility.Longby Waterman813Updated 229
ETH Bullish Pennant | ETF approval confluence | Target: 2021 ATHNot Financial Advice TL;DR Bullish Pennant on BINANCE:ETHUSDT daily chart, upwards breakout target would be very close to 2021 ATH. SEC approval of VanEck ETF (final deadline on May 23) could be a major catalyst. A rare case of (potential) technical and fundamental confluence: ETH has been building a Bullish Pennant since the end of the Feb 5 - Mar 12 rally The retest of the multi-month support in place since October 2023 might signal that the bottom is in The final deadline for SEC's approval of VanEck's ETH ETF lines up almost perfectly with the convergence between the pennant's resistance and the multi-month support Interestingly enough, the target for an upwards breakout of the pennant around VanEck's approval deadline would be very close to the 2021 ATH Longby AliferCryptoUpdated 3310
New lesson learntSo this is a very good lesson for all of us, a confirmed break out needs at least one more strong green candle. In this case it obviously did not happen. Patients really pays off, NO FOMO!by FrizzyTrades1
ETH USDTMassive resistance red line POC. Support at 0.5. I kind of know how I got there. Has to do with previous post on Volume Profile BTC USDT. Fun working it out and you have yourself to blame if it doesnt. :)by hmaroudas0
a confirmed fake out4h candle claimed top resistant but failed to sustain. a fake out took the liquidity and now its heading down wards for liquidity grab for a final rally to 4k.Shortby FrizzyTrades2
Ethereum Upside to 5kPositive feedback loop in effect, from the price action. A higher probability of moving up to the next significant number of 5k, rather than back down to 3k.Longby linchy0055112
ETHEREUM → Consolidation before the rally. Ready for 5,000?BINANCE:ETHUSD breaks the resistance of consolidation pattern amid the news related to the approval of ETH-ETF. The reaction was premature, on rumors, and now the market is consolidating. Many wondered why there was not a strong surge and rally after the news. Reason: The rise from 3100 to 3850, almost 24% in a few hours, which followed due to the rumors about the approval of ETH-ETF was already embedded in the reaction, so the market did not have the potential to go up further, as there was strong resistance ahead, it would not have had enough strength. Now, ETH is forming consoidation to go up. The candlestick patterns on both W1, D1 and H4 form interesting bullish premises indicating that it is the buyer who is assembling a position with the aim of breaking the 3830-3950 resistance with the aim of rallying and updating ATH. Resistance levels: 3830, 3952, 4086 Support levels: 3730, 3660 Technically, a correction is forming. Within the correction the market is in consolidation. The correction will end when the price breaks through and consolidates above the mentioned resistance zones. Emphasis on 3830, as well as on the descending resistance at the local highs COINBASE:ETHUSD CME:ETH1! CRYPTOCAP:ETH CRYPTOCAP:TOTAL CRYPTOCAP:TOTAL3 Regards R. Linda!Longby RLindaUpdated 1717119
ETH breaking out of the triangleAfter a big pump, ETH is forming a triangle on 4H, I am waiting for the confirmation of the break to the upside, with a target of 3950$Longby RaulStejerean0
Lingrid | ETHUSDT continuation of the UPTREND. LongBINANCE:ETHUSDT has broken out of its range zone and triangle pattern, propelling the market upwards with a new extension. Currently, the market is trading above the 3700 level, indicating a strong bullish momentum presence. If price experiences a pullback to support level and downward trendline, I believe it may be an opportunity to buy as the market's upward trajectory is gaining strength. The recent update of swing highs and higher lows suggests a strong bullish momentum. On the weekly timeframe, a significant candle has formed, creating a large buying area from 3700 to 3000. Given the market's break of the range, I expect to see a pullback followed by an ABC correction and subsequent continuation of the uptrend. My goal is the resistance zone at 3930.00 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Longby Lingrid1117
ETH STILL BULLISH UNLESS!Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. ETH STILL BULLISH UNLESS! 📚 👉As we mentioned previously in our analysis attached on the chart, price broke above our marked zones, for the bulls to be kicking in again! 👉Moreover, price is trading inside this flat rising channel, still expecting new bullish movement, as the price will be approaching our lower blue rising trendline, to be targeting 4K. Unless price managed to break below the marked major swing low, then shift in momentum would be expected from bullish to bearish. 📚 If you like this kind of analysis don't forget to like and follow and as usual follow your trading plan and manage your risk. Be patient and good luck!Longby Hadi_karaali5
ETH - Ranges overview Here is a quick look at ETH. Not much happening in crypto lately in my opinion. If you've been in the crypto market for long enough and have experienced more than 1 halving and/or cycle you already know what's happening. We are simply in an accumulation phase and trading within 'tight' ranges on most assets until we 'breakout' either to the buyside or sellside. IF we hold the current HTF FVG (yellow box) expect ETH to continue higher towards 4000$ IF we fail to hold and close below 3700$ expect us to hunt the sellside liquidity resting around 3500$ No need to front run the market...let it come to you. Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.by Patrick27070
ETH - LongDetails on the chart. A thought/idea. Good strong resistance was broken and now lets see as BTC is doing higher highs, this might follow the trend too.Longby g_lallyUpdated 0
Is Ethereum prone to growth?📊 According to the price compression and buying pressure in the market, if the range of 3850 units is broken upwards and the price stabilizes above it, the price may increase to the range of 3950 units🎯, and in case of strength, the range of 4050 units🎯🎯. 📊 Otherwise, the price may fall to the range of 3700 units.Longby arongroups4