Incredible cup n handle for ethereumFrom what i see, this gigantic cup n handle its about to explose with a minimum taget indicated with the report of the cup to the high of the handle. We are all waiting for the parrabolic moment of the bull run. Be safe, don't use money you don't own.Longby Jycocorien225
$ETH Price Prediction 6/05/2024A big breakout at 3810 keeps us in contention for another push to 4k. Resistance holds just below 3900 critical and we should look to stay above 3810/ST EMAs. There's a good chance hitting 4k will provide enough momentum for a flip. www.tradingview.comby CheddarBizcuitz1
ETHEREUM - NEW BREAKOUT 🚀Hello Traders ! After a Huge Bullish Move, The ETH Broke a Strong Resistance Level (3729.16 - 3646.38). This Key Level Becomes a New Support Level ! So, I Predict a Bullish Move📈 --------------- TARGET: 4002.00🎯Longby Hsan_BenhmedUpdated 7726
ETHEREUM Will Go UP! Buy! Hello,Traders! ETHEREUM is trading in an Uptrend and the coin is Consolidating above the Horizontal support of 3,700$ So I am bullish biased and I will be expecting a Further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals224
ETHUSD Weekly "Candy Cane" SetupLess than 2% stop loss allows for a 50x long trade idea with 10:1 risk/reward. Longby FomoFutures113
ETHUSD Buy SETUPMonthly & Weekly prices above the cloud Daily is also above the cloud I took a buy setup on H4Longby Obreezy5Updated 444
Could price bounce from here?Ethereum (ETH/USD) is falling towards the pivot and could potentially bounce to the 1st resistance. Pivot: 3,715.94 1st Support: ,518.21 1st Resistance: 3,969.63 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. Longby ICmarkets117
ETHUSD SHORT - RISK ENTRY - END OF ETHEREUM STRENGTH FOR NOW?Hi again people. I am projecting the crypto to be weak this week, especially Ethereum. The whole pump from ETF expecetations from 3200 to 3900 should be corrected relatively quickly, we had similar situation with BTC & ETF. With slightly more Short positions on CME for both BTC and ETH, I am expecting an Ethereum panic this week. The entry now, and especially my SL is risky one - who knows if the market doesn't decide to take buy side liquidity first, but to be honest I smell weakness and I decided to give it a try. SL for me now: 3863. Safe SL: 4200. Target: 3200. Good luck and play safe! Shortby eZ_RealUpdated 115
ETHUSD Daily outlookETHUSD has consolidated between $3973 and $3700 despite BTC's bullish trend.It hit a high of $3840 yesterday and is currently trading around $3803. The Volatility Shares 2x Ether Strategy ETF (ETHU) will become the first leveraged ETH futures to be traded in CBOE from June 4th before launch of ETH ETF. The intraday bullishness is possible if it holds above $4000. On the higher side, the near-term resistance is $4000. Any significant jump above the target is $4500/$5000. Significant bullish continuation only above $4800. The immediate support is around $3700. Any breach below $3700 confirms bearish continuation. A dip to $3500/$3200/$2800 is possible. A violation below $2800 will drag the Ethereum to $2500/$2300/$2000. It is good to buy on dips around $3700 with SL around $3500 for TP of $4500.Longby Mr-Madridi113
eth to 6900 "giggity" if we break 4250,MAJOR cup n handleIf we break 4250 we form a major cup and handle. If we take the depth of the both and add it to the handle we have 65% chance of pumping to 6900/ 7k this pattern is only valid if we break 4250 with a confirmation and turn it into support. The ETH ETF may be approved this week and it would start blast off to 7k. this is compounded with congress doing a 180 and taking on the SEC The SEC’s decision on VanEck’s spot Ether ETF is due by May 23. This is compounded with a big short squeeze. Eth has liquidated 110m in shorts in the past 24 hrs and 1billion in open interest has started on options. Can I get a hell yeah?Longby DeadCatBounceHouseUpdated 117
ETH: Bearish – BAT Detected + ROC DivergenceETH: Bearish – BAT Detected + ROC Divergence The Wolf of Zurich detected a bearish “BAT” on Ethereum We could therefore go up to around 3 270 3560 Then go back down to point C around the polarity zone of 1800-2035 The 50 and 200 exponential moving averages are still potential targets In addition you will notice a divergence in the ROC between the price which is rising and the ROC which is flat The ROC (Rate of change) gives you the speed of the asset's momentum. Stay safeLongby Le-Loup-de-ZurichUpdated 1110
EThusd Ethereum has successfully broken the daily flag pattern, now it's showing another sign of continuation pattern. I'm longing it, my Sl below the pattern while my To at its high.Longby Mr_IGEE1
May.28-Jun.3(ETH)Weekly market recapThe volatility brought about by the approval of the ETH ETF gradually narrows. U.S. employment data, CPI for May and FOMC will be released in the next two weeks. This will affect market expectations for monetary policy. Starting from April's data, both employment and CPI began to cool down. Although the Federal Reserve said that an interest rate cut is far away, but we all know that it is approaching. The United States has entered the election cycle, perhaps this is also the main reason for the approval of the ETH ETF. More and more candidates showing themselves to be crypto-friendly and looking to gain support from Cryptoer. Similarly, we believe that the Federal Reserve also needs to submit a satisfactory answer to the public to ensure the vote rate of the Democratic Party during its term. Therefore, we believe that interest rate cuts will still wait until Q3~Q4, but the market will be more aggressive in pricing interest rate cuts. In the past 7 days, ETH volatility has decreased and remained fluctuating at high levels. ETH/BTC has not returned to the level where the BTC ETF passed, which shows that ETH is still slightly undervalued in terms of the benefits brought by the ETF. Both bulls and bears are cautious, with trading volume declining after returning to highs. Judging from the WTA indicator, the blue column representing the whale has disappeared. The ME indicator has restarted the bullish trend after the pump. To sum up, we believe that ETH will continue to remain volatile most of the time this week, and the rise is likely to be greater than the fall. We maintain my original resistance level 4000 and support level 2800. 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 Sypool113
ETH Support 3700 Appears To Be HoldingETH ETFs will give Ethereum and therefore altcoins a nice bump/pump and I believe that, as long as ETH can hold this current support level at around 3700, then Ethereum and altcoins have found their local low. In other words, altcoin season is close. Supporting this theory is this inverse H&S pattern which I spotted well before the right shoulder had even formed. We can now see that this pattern appears to actually be playing out and Ethereum should remain strong for the remainder of 2024, though the possibility of breaking support at 3700 and dropping to 3500 still remains relatively strong as well before further upside. Adjust all stops and plan accordingly.Longby stewdamus114
Ethereum eyeballing $5kIf BTC breaks above $70k and holds, I see no reason why ETHUSD won't have a run towards $5k or better. This would target would be an extrapolation of the previous bull flag. Not financial advice. DYOR.by ChartProphet2
ETHUSD - Angled Inverted H&SRight Shoulder is currently under formation with the big bull move yet to come H is the head of the structure Top dotted line is just a potential price move and forecast aligning with the lower diagonal lines Bullish Longby Bixley116
ETH. Weekly trading levels 27.05.2024 - 2.06.2024The level on top is the last. We were higher 3 years ago. If we go higher, we can check in the Daily Publications. During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from one of the zones. Levels are valid for a week, the date is in the title. Next week I will adjust the levels based on new data and publish a new post. ! Please note that brokers have a difference in quotes, take this into account when trading. The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :) ---------------------------------------------- I don’t play guess the direction (that’s why there are no directional arrows), but zones (levels) are used for trading. We wait for the zone to approach, watch the reaction, and enter the trade. Levels are drawn based on volumes and data from the CME. They are used as areas of interest for trading. Traded as classic support/resistance levels. We see the reaction to the rebound, we trade the rebound. We see a breakout and continue to trade on a rollback to the level. The worst option is if we revolve around the zone in a flat. Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern. Don't forget to like Rocket and Subscribe!!! Feedback is very important to me! by Forex_HobyUpdated 229
ETHUSD Is Bearish! Short! Please, check our technical outlook for ETHUSD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 3,770.2. The above observations make me that the market will inevitably achieve 3,568.9 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderUpdated 225
ETHUSD - Daily Channel ShiftDaily Gaussian Channel example showing a shift from the bear state to bull This observation leads me to believe we are in for more upsides for the bulls Lets go Longby Bixley3312
ETH/USD Seeks Support at Monthly Pivot for Upside PotentialHello Everyone, ETH/USD requires confirmation of the monthly pivot point holding as support to validate further upward movement. All current indicators suggest continued upside potential, despite taking all factors into account! TradeWithTheTrend3344Longby TradeWithTheTrend33441
ETH base data A representation of the Ethereum price action, utilizing a unique combination of circles, a 45-degree angle, and tangents to uncover hidden patterns and symmetries. The chart features multiple circles, each placed at significant points in the price history of ETH. These circles serve as markers for important support and resistance levels, as well as potential reversal points. By connecting these circles, we can visualize the underlying structure of the market and identify potential areas of interest. To further enhance the analysis, a 45-degree angle has been applied to the chart. This angle, often considered a critical angle in technical analysis, helps to identify potential trend lines and channels. By aligning the price action along this angle, we can observe how the market has responded to specific levels and identify potential future price targets. Additionally, the use of tangents has been employed to uncover hidden symmetries and alignments within the chart. By drawing tangents from key points on the circles, we can observe how the price action has interacted with these lines, revealing potential areas of support and resistance. Overall, this tradingview chart represents a comprehensive and innovative approach to technical analysis, combining multiple techniques to provide a unique perspective on the Ethereum market. By utilizing circles, a 45-degree angle, and tangents, we can gain valuable insights into the underlying structure and potential future price movements of ETH."by CaptBlackBeard0
#ETH update!Is Eth forming its own 4 year cycle like #Bitcoin The monthly stokes are positively crossed after a brutal (but much needed) bear market sideways action and bumps in the road are to be expected but DCA's on Red days will serve you well in the coming years. Longby BallaJiUpdated 118