ETHUSDT waiting for correction to buy then sell at 4400-4700Buy ETH around 3300-3600. Stoploss 3000 Sell 4400-4700 This moment is a bit sensitive so waiting is patient and take the profit. Longby calmlyinvestorUpdated 7
ETH let's goETHUSDT: Ethereum is returning to its uptrend. If this trend breaks and returns to the ascending triangle We will have a very good upward movementLongby TrendShot6
✴️ Hope? Looking At Coinbase, Tesla, Nvidia, Ethereum & Bitcoin!The Nvidia stock looks scary, to say the least. Coinbase also looks pretty bad... Everything can change though on Monday and we get an amazing surprise and everything turns to full green. We see Tesla, Nvidia and Coinbase move from full-red, as bearish as it can get on the weekly and daily time frames, to mega-mage-green... Can you imagine? I mention these three stocks because they move in relation to the Cryptocurrency market. Each stock can be used as an individual indicator or chart signal. What you just read is called, "Hope!" This is not what we do here. The truth is that Ethereum is moving within a descending triangle, a strong bearish pattern. The truth is that support is being challenged more and more, see the triangles "support line" on the chart. The more this support level is challenged, the weaker it becomes. ➖ The main and critical support range right now sits at $2,800 - $2,900. ➖ $3,100 is another important level and this is the level that needs to be breached to the upside —as resistance— for the bullish bias to become active again. So, we are generally bearish based on recent price action (lower highs and lower lows). The current situation is neutral based on a consolidation pattern. The pattern is bearish but can always break to either side. In the neutral stage, we have support and resistance so that we can track and adapt to the market. 1) One, is the market potential. 2) Two, is the market trend/bias. 3) Three, is our projection. All three are different and should not be confused. 👉 If Ethereum's support line breaks, we can expect a test of $2,500 as well as the low $2Ks. Bitcoin and the others are in the same situation; What one does, the rest follows! Is this really the final break? Are we going to see a major crash on Monday/Tuesday, or is this the bottom of the correction and we start a new ultra-mega-bullish wave to new All-Time-Highs? Do you trade/buy/hold for long- or short-term? Let me know in the comments section below... Namaste.Shortby AlanSantanaUpdated 121250
ETH: Reaction to leve-priceAnalysis by ahmadArz📊 ETHUSDT This chart represents the Ethereum to Tether (ETHUSDT) pair on a 4-hour timeframe. The analysis of the chart includes several key price levels and potential price movement patterns. 1. **Key Price Levels:** - **$3950.23**: A strong resistance level where the price has reacted in the past. 📈 - **$3720.77**: Another resistance level near the current price (3736.24). 📊 - **$3410.90**: A support level to which the price might return. 📉 2. **Potential Patterns:** - Two curved arrows indicate two possible scenarios: - **Bullish Scenario**: If the price breaks above the $3720.77 level, it is likely to move towards the $3950.23 level. 🚀 - **Bearish Scenario**: If the price fails to break the $3720.77 level and declines, it might reach the support level of $3410.90. 🔻 3. **Reaction to Price Level:** - The text on the chart "Waiting for reaction to level-price" suggests that the analyst is waiting for the price to react to the $3720.77 level to decide which direction the price will move. ⏳ 4. **Black Arrows:** - The black arrows on the chart indicate key points where the price has reacted in the past. 📍 In summary, this analysis suggests that if the price can break the $3720.77 resistance level, it will likely move towards the next resistance at $3950.23. However, if it fails to break this level, it might return to the support level at $3410.90. The analyst is waiting for the price reaction at these key points to determine the next direction.Longby ahmadarzUpdated 6
ETHEREUM ETF With the Ethereum ETF decision just days away, ETH has made a massive breakout play in an effort to front run a positive ETF outcome, the approval of VanEck and ArkInvest/ 21Shares ETH ETFs on the 23rd & 24th May respectively. In terms of price action and charting this is how I see it. Now that price has broken out from the downtrend and hit the Bearish OB as shown, I think many were caught of guard and expected any sort of volatility to come on the day of the decisions. Instead it seems many have decided to front run the decision and go long which opens up more challenges. I think ETH had priced in a rejection of the ETF at ~£3K , with how the SEC has viewed ETH and it's stance on insisting it's a security, Coinbase estimated a 30-40% chance of an approval last weekend. Now that price has risen almost as if we already have news of approval I think that should the ETF be denied we could fall straight back down to $3K area with support areas shown as targets on the chart. This would print a Bart Simpson style pattern and many Longs will be devastated. On the other hand, Bloomberg have said that the chances of approval has gone from 25% to 75% and the chart shows this new level of optimism. If the ETF is approved I could see ETH using this current level as a base to target new local highs and close the gap on BTC dominance. by ProR35Updated 4
ETH Long SetupPerfect Bull Flag By Clear ABC Structure Formed At Low Timeframe And The Price Bounced From The 3650$ Area As a Wave C PRZ, Expect a Legup To the 3900$ As a Short Term Target Longby Bullish_TradersUpdated 5
ETHUSDTWe can attempt to short ETHUSDT from specified level if it break HL as there is also bearish divergence at current level indicate that it moves downward. SL , TP mention in chart.Shortby SignalEdge5
ETH: Descending Triangle Breakout on 4-Hour Chart!!Hey everyone! If you find this content valuable, please consider giving it a thumbs up and following for more analysis. The interesting technical pattern forming for ETH on the 4-hour timeframe. The price appears to be consolidating within a descending triangle pattern. If a confirmed breakout occurs above the upper trendline, it could signal a potential price increase towards the $3800-$4000 resistance zone. However, it's important to consider the invalidation point. A daily close below the $2900 level would weaken the bullish case for a breakout and suggest a potential decline. What are your thoughts on this ETH setup? Share your analysis in the comments below! Longby CoreCrypto1Updated 13
ETHUSDT1. ETH initial first big target will be $6000. 2. Have formed a huge cup and handle on the weekly now. 3. This is just the first big target from measured move from the bottom to top of cup and handle. 4. I eventually expect ETH to reach $9000-$10,000 this cycle.Longby PistolPeteno15
ETHUSDT (ethereum) going downward to 3438Hi friend. ETH show good bears accumulation zone (on image) we have a good chance to touch 3438. Follow me ;)Shortby JinFlarkUpdated 5
ETHUSDT - Bullish TradeETHUSDT is in Bullish Trend. The chart depicts Bullish Flag Continuation Pattern. So, we will trade in uptrend. There is no Bearish Divergence & Reversal Chart Pattern.Longby ZubairShah914
EthusdtEth is still not a security, funny that 10k loading.... eth etf 75% chance of approval at current standing up from like 25% yesterday but the fundamentals haven't changed at all... its almost as if they wanted you to sell cheap before the moon candle.Longby olliecoughland3
ETHUSDT IDEARisk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you. Good luck!Longby BeryllusCryptoUpdated 3
Ethereum position🤔I enter with this candle because it shows the strength of the buyers and I do not close below r5 in the direction of the trend and target. ⚠️Do capital management⚠️Longby parsa_xaUpdated 5
📉 ETH Short Setup📉 There Is a Head And Shoulder Formed At The Chart And Also We Have a Clear Rising Wedge At Lower Time Frame At 3810$ As a Right Shoulder PRZ, Here Is a Good Place To Open a Scalp Short Position By The Small Stop Loss Toward a 3510$ Target Shortby Bullish_Traders3
ETH Bullish!!!!1.ETH broken the Resistance and retested around 3050 and looking for Long. 2.ETH also broken the 4H Trendline for long. 3.If ETH broken the current support Level it'll reach the next support. 4.The entry is 3050 and the Target around 3270, SL below the Support zone.by Sha_The_IconUpdated 5
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 339
ETH Breakout confirmed on 4hETH 4h breakout confirmed market come to retest the trend line lets take long entry swing trade entry :- 3060 take profit :-4050 stoploss:-2750 thanks me later Longby thassan214Updated 4
ETHUSDT-Bullish Wave Coming Soon Detailed Analysis of #ETHUSDT Time Frame: 1 Day (1D) Overview ETH/USDT has recently broken out of a falling wedge pattern, a bullish reversal pattern. This breakout indicates the potential for a substantial price increase, with an expected bullish move of up to 40% in the coming days. Key Elements Falling Wedge Pattern: The falling wedge pattern is characterized by two converging trendlines that both slope downwards. This pattern forms when the price consolidates and the volatility decreases, indicating a potential reversal. The breakout above the upper trendline of the wedge suggests the end of the previous downtrend and the beginning of a new upward trend. Pattern Breakout Confirmation: The breakout from the falling wedge has been confirmed, signaling a shift in market sentiment from bearish to bullish. This breakout is a key indicator that the price is likely to increase as the market dynamics have shifted in favor of buyers. Volume Analysis: A significant increase in trading volume accompanying the breakout is often a key confirmation signal. It indicates that the breakout is supported by strong market participation and investor confidence in the new trend. Sustained higher volumes post-breakout are crucial for the continuation of the uptrend and to validate the breakout. Historical Price Behavior: Analyzing historical instances of falling wedge breakouts in similar market conditions can provide insights into the potential price movement. Historical analysis can help validate the anticipated magnitude of the price increase and the timeframe over which it might occur. Market Sentiment and Fundamentals: Broader market sentiment can significantly impact the price movement of ETH/USDT. Positive developments in the cryptocurrency market can bolster the bullish outlook. Fundamental factors specific to Ethereum, such as network upgrades, increased adoption, and positive news, can act as catalysts for price increases. Monitoring news and developments related to Ethereum is crucial for anticipating potential market reactions and understanding the drivers behind price movements. Risk Management Stop-Loss Orders: Implementing stop-loss orders below the breakout point of the falling wedge can help protect against potential downside risk. A recommended stop-loss level could be set at 5-10% below the breakout point to account for market volatility. Position Sizing: Ensure that your position size is consistent with your overall risk management strategy. Avoid over-leveraging and manage your exposure to maintain acceptable risk levels. Proper position sizing helps mitigate the impact of potential losses on your overall portfolio. Take-Profit Levels: Establish take-profit orders at intervals that align with the anticipated 40% price increase. Consider scaling out of the position incrementally to lock in profits and reduce the risk of market reversals. Conclusion The breakout from the falling wedge pattern in the daily timeframe for ETH/USDT suggests a bullish outlook with the potential for a 40% price increase in the coming days. This bullish expectation is supported by the confirmed pattern breakout and strong volume signals. Nonetheless, it is essential to remain adaptable to changing market conditions and employ robust risk management practices to protect investments. Note: Cryptocurrency trading involves significant risks. Conduct thorough research and consider consulting with a financial advisor before making any trading decisions. Longby annatradechartsUpdated 2225
ETH short setup ALL trading ideas have entry point + stop loss + take profit + Risk level. hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below. DisclaimerShortby bullstraders73
📊#ETH double bottom target achieved, be wary of callbacks⚠️📊#ETH double bottom target achieved, be wary of callbacks⚠️ 🧠We followed the daily-level double bottom long structure and broke through the short defense point after skyrocketing. This means that the double top short structure was destroyed, which means that this period of correction is over. Combined with the general trend, it is a bull trend, so we have a view on the future trend. It's going to be very optimistic. ➡️Although it is an optimistic attitude, we are currently in the daily-level selling zone. I will not chase the increase under the selling pressure, so we have locked all the profits from the long orders in our own pockets very early. ➡️If we choose to continue rising, then we will use the ETH spot purchased in the daily level buy zone to look forward to more.☕️🙏🎯 👀From a structural point of view, the breakthrough of the short defense point means that it will be sooner or later for us to break through the previous high, so when the price falls back again, it is a good time for us to enter the market again. The first support can be focused on near the inflection point.🔥 Don’t forget risk management💯 ✔️Trade safe✔️ 🤜If you like my analysis, please like 💖and share itLongby wolf_king8883
ETHUSDT IDEAHello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About ETH (Update) 12H⏳ The Falling Wedge Has Successfully Breakout☑️ Moving As Expected & Running In +25% Profit So Far⚡️Longby Henry_Crypto_Signals2
ETH ProjectionI wouldn't be at all surprised it this simple analysis of the weekly ETH chart plays out. Massive cup and handle pattern played out. Short handle held the 0.618 line then broke out. With a target out of this pattern around the 10-11K mark. Any thought on this one. Simple but potentially possible. Longby CamG12342