BTC and ETH continue to perform strongly, with BTC coming close to reaching ATH last week. However, most tokens on the market continue to fluctuate, and only meme coins follow the pace of BTC. We noticed that during last week's rise, although BTC and ETH both experienced significant increases, tokens with derivative properties of BTC and ETH, such as ORDI, RATS,...
Just a moonshot idea
Imagine a 100K ETH ! BTC would be massive.
Im really bullish on ETH as you can tell, i think it provides more value to the crypto ecosystem than bitcoin.
Are we all in a euphoria? yes we are, Greed Level at a higher number, if youre executing on that then youre in a euphoria. Correct me if I am wrong, this is only my view on the current market.
If price breaks the ATH then this idea is invalid. This is not a financial advice, Trade it or own it.
Longshot view might not working..
We're currently positioned at a critical trend line, and given the positive momentum across the board, it wouldn't be surprising to witness an Ethereum surge as well. The indicators are aligning favorably, with money flow showing green and both strength and volatility metrics indicating there's ample room for growth
Its a run away truck, but like all those events, they come to an end. Its heavily oversold, and we know there are no real basis for buying them, besides hype.
RSI is very high on all fronts, and therefore only one suggestion and its remain in SELL mode and get stopped out from time to time to reinstate higher.
Strategy SELL @ $ 3,670-3,700 and place SL if one...
Price breaks above 3500/3520 (W1 average) with momentum bringing us to 3615 (~W1 high).
A flip attempt is forming above zone with today's daily closing on current candle (~25 mins).
Success could continue us towards the next critical resistance at ~3800 (3805).
If not assume consolidation between the aforementioned zones before further recovery.
www.tradingview.com
✅ETHEREUM is unstoppable
And has broken the horizontal
Resistance of 3479$ and the
Breakout is confirmed so
We will be expecting
A further move up
LONG🚀
✅Like and subscribe to never miss a new idea!✅
The ethereum keep price pushing upwards.
If you hear the latest updates on this coins, banks/etf is on the run maybe, or it will be approved or already being approved.
This idea base on distributions after the pre-supply being seen with a large selling at 3000$ level, previous idea last year closed, price predictions at 2600 and 3000 level reached.
Now price...
After my first idea since the other before i had ETH too and it was so perfect move, now while seeing the Media and the Bull move of BTC i see a big potential with simple charts for ETH to reach 3700-3800 and i can say we can touch it this week, but we will see the next move in the other days.
If you like my ideas please follow me so i can continue to share my...
It looks as if it will go the moon, and one wonders on what basis? It has ran far above expected levels, and RSI is way overbought on all fronts, i.e., daily and weekly. We cannot be certain to how far we go higher, and what is considered high RSI. For now, I feel we have topped out again, and we should see move back towards $ 3,050
Strategy SELL $ 3,470-3,500...
ETHUSD has just for a good Double Top With a Divergence on 1 day and 4 hour chart and a diluted divergence on 1 hour chart. This could be a good retrace point as ETH has not faced a retracement and this could be a good correction point so I'm placing my orders accordingly. Thanks.
My Positions
Sell Stop :3307
SL : 3529
TP : 3063
ETH pushes back to 3500 in another attempt to flip the W1 resistance zone.
An assumed H4 double-bottom has been formed using 3450 neckline and 20EMA support.
Continuation could place us within the next bullish cycle but a number of successful flips will need to occur first.
www.tradingview.com
Hello to all ETHUSD traders, what are your thoughts on it?
So far, the price of Ethereum has outperformed Bitcoin. Meanwhile, the emergence of BTC spot ETFs has significantly impacted the market, with billions of dollars flowing into Bitcoin spot ETFs. If Ethereum spot ETFs are approved, Rasmussen predicts a similar demand for Ethereum spot ETFs, which could...
Ethereum on the Verge of Weekly High: 4050-4300 Resistance Looms
Analysis:
Ethereum on the weekly timeframe is approaching its resistance level in the range of $4050 to $4300.
A weekly candle closing above $3670 and sustained upward momentum could signal a long entry opportunity.
In case the $3670 level breaks and Bitcoin dominance remains range-bound, it's best...
Resistance holds in around 3450 to prevent further recovery along with a possible double-top.
Price continues to maintain above 3405 which is a good sign in keeping a bullish momentum.
Another push is entirely possible if support can sustain zone.
www.tradingview.com
Very self explanatory chart -
Crypto can go in any direction at this point
Not a lot of room for downward movement at least in the short term
Could very well see sideways consolidation
Just made this chart to highlight some important levels
Hello Everyone,
ETHUSD has exceeded expectations by reaching its highest point of the year. Although some fluctuations are anticipated in the short term, the trend suggests that the upward momentum is poised to persist.
TradeWithTheTrend3344
