Time for ETH to shine??I thin it is time for ETH to run!!! Be careful this is a pump and dump I believe but ETH could start it's own cycle!! NOT FINANCIAL ADVICE!!!by Polarbearman0
ETHEREUM #ETH Cup and Handle projects $3400with a linear Price projection. Which would be fantastic of course! If this achieved, we can add the log target :) as that points to a new ATH. Lets Go!Longby BallaJiUpdated 131335
ETH - Etherium - be carefulDear Traders, As i commented in previous post, our fist target was around 3400$ we have already cut some long possitions, it is now at 3500$ psicological level. Additionally RSI is reaching quite oversold area, it is fair to have a correction. Best,by FITINTRADE7717
ETHUSD: Reaching Exhaustion Point with Potential DropHello there! The price has reached exhaustion for the HL of (B) to the break of (A) high for the lower low at the 1038 region, marking the point of interest to the lower low (poi-ll), a resitance level to the current candle, which is level 3018.61. So, the price could pulse up into the supply zone or simply drop from this current candle due to the resistance level it met. Either way, the 2791.48 level is the only level of interest, it needs to break. A break below that level will potentially indicate a bearish price continuation toward 2295.08 as the first price target down to 2090.10 for a bias of 1750. Happy Trading, K.Shortby KhiweUpdated 114
Ethereum bulls eyeing $17,000-19,000 by November 2025Hi all, This is a revised Ethereum ETHUSD chart with updated targets through the end of the Megabull which will end around October-November 2025: The blue fractal on chart is an approximate path which I have created to estimate roughly the Ethereum price action in 2024-2025. It is based on my analysis of previous cycles. Short-term Ethereum is exhibiting relative bullish strength (as indicated by the yellow arrow, similar to 2020) after reclaiming the resistance block (seen in red) as support. Similar to the previous two bottoming bull reversal patterns in 2016 and 2018-2020, Ethereum is completing both a: (1) double bottom at $1,100-$900 and (2) rounding bottom. Once Ethereum rallies towards the top resistance of the rounding bottom at $4,800 and successfully backtests it as support, we can expect the Megabull to be confirmed before the end of 2024 or early January-February 2025. Then by November 2025 expect Ethereum to rally and reach a Megabull ATH (All-Time-High) of either: $10,000-$12,000 or $17,000-19,000 give and take 1+- month margin error. This would represent a minimum gain of 1,000-1,300% increase from the all-time lows. Don't forget to like and subscribe, as I'll be publishing more ideas with targets for altcoins in the incoming weeks. Carl M. Longby BitcoinGuruUpdated 5522
ETH time to look for sellsI really hate crypto but its pretty easy to trade and its open on the weekends SO i will continue to force myself to trade this nonsense. Eth is extremely overstretched, over priced, overbought, and over hyped. I don't see it hovering in this area forever I think we eventually will see a return to the mean over time. But for now Im gonna start accumulating shorts for the 2400 area. On the monthly coming to an incredible amount of resistance and what looks to be a wonderful chance to short. Shortby TechknowLobsterUpdated 114
$ETH Price Prediction 2/28/2024Price pushes just short of 3500 but struggles to maintain above the ~3400 marker. Per 2/25 post, the next W1 'neckline' is considered around 3500 (3520) however D1 can be noted closer to 3400. Failing to close above this zone should result in another corrective movement; look to keep above ~3315 if this occurs. www.tradingview.comby CheddarBizcuitz2
ETH/USD completing accumulation phase!After an Expanded Flat Correction (ABC) similar to 2016, Ethereum entered an accumulative period that is now in its final stages. The uptrend during that cycle was extremely parabolic. Personally, I don't believe in the repetition of the previous magnitude but rather in the direction of the movement. Therefore, disregard price levels in this post. Be cautious when analyzing fractals, as there are more efficient data and indicators to capture a possible exhaustion of the movement that may start soon.Longby MrGekkoWallStUpdated 3312
Fibanocci RetracementPrice levels to be copied into Excel. These are the corresponding prices that partial profits are to be taken at.Longby jandr12241
ETHUSD Fibonacci RetracementPrice levels to be copied into Excel. These are the corresponding prices that partial profits are to be taken at. Longby jandr12240
ETH/USD Breakout Keeps RSI in Overbought TerritoryETH/USD breaks out of the range bound price action from last week to keep the Relative Strength Index (RSI) in overbought territory. ETH/USD Outlook ETH/USD extends the series of higher highs and lows from earlier this week to register a fresh yearly high ($3473), and the rally may persist as long as the RSI holds above 70. A breach above the April 2022 high ($3581) opens up the $3890 (23.6% Fibonacci retracement) region, which largely aligns with the January 2022 high ($3892), with the net area of interest coming in around $4100 (161.8% Fibonacci extension). However, failure to test the April 2022 high ($3581) may pull the RSI back from overbought territory, with a close below the $3230 (161.8% Fibonacci extension) to $3360 (100% Fibonacci extension) area bringing $3110 (78.6% Fibonacci extension) on the radar. --- Written by David Song, Strategist by FOREXcom3
ETHUSD - Bullish TrendETHUSD is on Bullish Trend, will this bullish pump continue? Entry, Stop Loss & Take Profit continue?Longby Umair_AmjadUpdated 111
ETHEREUM - Breaking Barriers and Unleashing PotentialIn recent months, Ethereum (ETH) has taken the crypto market by storm, showcasing significant price movements and sparking renewed interest among investors. Just a short while ago, ETH was trading below the $900 mark, followed by a surge past $1200 and a breakthrough beyond the $1500 level. The crypto giant continued its ascent, smashing through the $2100 barrier and currently stands at an impressive $2300. Price Movements: The journey of Ethereum's price has been marked by volatility, with notable fluctuations. The recent surge has captivated the attention of traders and analysts alike. The initial push past $1500 demonstrated a strong bullish sentiment, and the subsequent breakthrough beyond $2100 further solidified Ethereum's position in the market. The current valuation of $2300 reflects the resilience and potential of the second-largest cryptocurrency. Comparison with Bitcoin: While Ethereum has experienced significant gains, it's essential to note its performance relative to Bitcoin (BTC). Ethereum's recent surge has propelled it to new heights, but it lags behind Bitcoin in terms of overall market dominance. Some observers have pointed out that Ethereum is currently in a position that may be perceived as a bottom relative to Bitcoin, raising questions about its ability to catch up in the near future. The $2300 mark is just one milestone in Ethereum's journey, and the question on everyone's mind is, "How far can it go?" While this is not financial advice, the potential for Ethereum to reach new heights is evident. The dynamic nature of the crypto market, coupled with ongoing developments in the Ethereum ecosystem, makes it challenging to predict the upper limits of its price trajectory. Conclusion: In conclusion, Ethereum's recent price surge has been nothing short of remarkable. From breaking through $1500 to surpassing $2100 and reaching $2300, Ethereum has showcased its strength and resilience. As the crypto community closely monitors its performance, the question of Ethereum's potential remains open-ended. While it may currently be at the bottom relative to Bitcoin, the road ahead is filled with opportunities, and the crypto space eagerly awaits the next chapter in Ethereum's journey.by GokicUpdated 4
higher low at 1800 then ascensionfate will remember the coming weeks, may lady luck smile upon youLongby lompdoctorUpdated 4
Ethereum, Clearer Outlook In The Market, Opportunities Arising!Hello, Traders Investors And Community, welcome to this update-analysis about recent events, the current price-formation, what we can expect further from ethereum and opportunities arising out of this environment. The cryptocurrency-space is sending many contrary signs at the moment where a lot of currencies looking rather weak and bearish than tradable on the long-side as bitcoin is still under solid resistance levels and in overbought conditions, the destiny of the cryptocurrency-markets is standing in the stars with a vast amount, therefore, we have to get a clearer picture and what are the possible opportunities at the moment. But there is one cryptocurrency which is showing some interesting signals at the moment which I detected that can lead to some good volatility sooner or later which is showing up in my chart and ethereums daily timeframe. Initial Analysis According Ethereums Market-Environment (Daily Timeframe): As we can examine now clearly is that ethereum confirmed above its support/resistance line which I pointed out in the past analysis this was an initial important step to become more bullish in the short-term which can indicate further bullishness on the middle term. As ethereum consolidates above the support-line this can lie the ground for a bullish breakout to the upside which will be confirmed when the pair crosses above the falling blue resistance line you can see in my chart. When this happens we can expect a higher high to form with a 75 % probability which will establish when the boundary crosses with good volatility to the upside, remember that this has to fulfill otherwise we can still confirm this boundary as resistance and either consolidate more in this range or fall back to bearish regions. Furthermore, ethereum trades above the 400- and 200-EMA which are marked in orange and blue in my chart which is a more bullish sign at the moment because it is trading above them, a more bearish signal would be when ethereum trades below them similar to the situation we have seen by march this year where the worldwide global economy corona-breakowns established and caused a high volatile bearish move to the downside. Alright, this setup can be traded in the smartest way with the confirmation above the lower boundary or with confirmation of, remember that before that does not happen there is still a possibility given that ethereum weakens and turns bearish therefore we need to keep patient and wait for the market to respond in the proper way that we can take advantage of the possible opportunities arising. In this manner, thank you for watching support for more market insight and all the best! Trading effectively is about assessing probabilities, not certainties. Information provided is only educational and should not be used to take action in the markets. by VincePrinceUpdated 8875