Eth will eventually go to 15k in mid 2025 , maybe 17k maximum, with the eth etf approval it will reach its ATH, pass it and then go upstairs, if it crashes best entry point would be 1,7k , but if any 3rd party circumstance dont occurr it will go to 15-17k, at 15k start shorting x3 eth and start small and if it reaches 16-17k add more x4 perp shorts
Please, check our technical outlook for ETHUSD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 3103.5.
The above observations make me that the market will inevitably achieve 2721.1 level.
P.S
We determine oversold/overbought condition with RSI...
If ETH bounces up and we see a green candle closing above the 1H Demand Zone, it might be a good opportunity to go long.
SL below the swing 3039 and TP will be around 3201
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This pattern is a Grade A
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Decided to relook the strategy and redo the strategy validation by run a manual backtest from 15 March to 18 April where the regime changes from bullish to a bearish range on the D1 chart.
I am aware that once the regime changes and need to revert back to the original Long strategy
New Observation
The pull backs still happen...
As Ethereum ( CRYPTOCAP:ETH ) attempts to stage a comeback following a recent downturn, the cryptocurrency market finds itself at a crossroads, influenced by a multitude of factors ranging from regulatory uncertainty to macroeconomic trends. The recent decision by the Federal Reserve not to tamper with interest rates provided a brief respite for CRYPTOCAP:ETH 's...
Liquidity Hunt Pattern
Uncover Hidden Opportunities in the Market
Introduction:
The Liquidity Hunt Pattern is a powerful technical analysis tool that helps traders identify potential turning points in the market. By understanding how this pattern forms and its implications, traders can gain an edge in uncovering hidden opportunities and making informed...
For Ethereum, we're observing a chart pattern that has developed a weak divergence, and we believe it is now correcting wo the end of Wave 4 of Wave (3). We plan to place multiple entries; our first entry was at the upper range of the Wave 4 target area around $3200. However, the price has continued to decline. We are now looking to DCA and make a second entry at...
23,000 BTC options are about to expire with a Put Call Ratio of 0.49, a Maxpain point of $61,000 and a notional value of $1.4 billion.
330,000 ETH options are due to expire with a Put Call Ratio of 0.36, Maxpain point of $3,000 and notional value of $1 billion.
The crypto market continued to fall this week, with BTC hitting the $60,000 mark, a new low since...
Could expect Ethereum to fall significantly
Apr 8 we took out buyside and with an energetic move lower we have out dealing range starting at $3726.8 to $2850.
We have retraced at least 50% into the 1D SIBI FVG which its currently respecting.
Idea invalid if eth goes above 3480.
Targeting 2024 lows , below $2200
eth long term
Ethereum is a technology that's home to digital money, global payments, and applications. The community has built a booming digital economy, bold new ways for creators to earn online, and so much more. It's open to everyone, wherever you are in the world – all you need is the internet.
This is just a test, do not take this as advice. I think we have a fairly significant dip before the next positive turn, possibly all the way to $2400.
Watching Ethereum (ETH) closely after it reached a high of $3,040 on a 4-hour timeframe chart today.
If support at $2,923 crumbles. A break below this level could send ETH down to $2,874.
However, there's also a chance for a breakout on the upside. If Ethereum can overcome resistance at $3,100, it could surge towards $3,160 or even $3,200.
there are multiple bearish confluences on the crypto prices. the 100 moving average, the mid point of the fair value gap (fvg) are all bearish signals, the smaller time frames will give us more precise entry points
HELLO FRIENDS
as I can see ETHUSD now created a double top and tested a resistance
but the Bull Run is just beginning we will soon hit all time high after a little retracement till broken descending channel Friends it's just a trade idea shares your thought with us ...
Stay tuned for more updates.
Price is falling towards the pivot which is a pullback support and could potentially bounce to the 1st resistance.
Pivot: 3024.10
1st Support: 2960.89
1st Resistance: 3128.21
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...
The current price on Ethereum is mirroring price action from the retracement during January 2021 - July 2022.
Expect price to fall between 5-6% before the bull market starts!
KRAKEN:ETHUSD
ETH is approaching the resistance, which almost exactly coincides with the boundary of a regression channel. Indicators show that a new HIGH is about to form. I am counting on bouncing off the resistance and heading back down to test 2.9K. The risk/reward ratio is not the best, but it is worth giving it a shot. The price could fall lower and test...
