$ETH Price Prediction 5/02/2024Resistance continues to hold at 3k/20EMA in another attempt to reflip zone. Recovery could send us back to 200EMA but remain cautious until a close is established. The D1 piercing markers (green) have been left in to indicate critical goals. www.tradingview.comby CheddarBizcuitz1
May 3 BTCÐ Options Data23,000 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 March. The Hong Kong ETF listing failed to bring much incremental volume, the US BTC ETF continued to flow out, the weakness of the market led to weakening market confidence, the IV of all major terms likewise continued to decline, the current IV level is the average water mark of the winter bull market, with some support, and the current buying is good choice. The current point of sustained sideways trading is unlikely, no rebound is bound to be a downward relay, the giant whale on the lack of confidence in the market, Block trading is worth strengthening attention.Longby Greeks_live111
ETHEREUM HAS BREAK BIG SUPPORT!!!Guys, as you see on the chart, ethereum has broke in daily canddle under the support and it has close under it. Know it has become resistance. I dont want to alarm anyone, but this is very serious. Dont get bulish until we get up of it again. Even, if we going down, there you have the next big support. Will bring bitcoin chart(waiting confirmation). Shortby AlGrano_Finanzas114
Ethereum Resilience Amidst Regulatory Probe & Market VolatilityAs 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 price, yet challenges persist as institutional whales seemingly dump their holdings and regulatory scrutiny intensifies. Fed's Decision and Institutional Whales: The Federal Reserve's announcement to maintain interest rates unchanged served as a temporary boon for Ethereum, allowing it to claw back some of its losses. However, the relief was short-lived as institutional whales appeared to capitalize on the opportunity to offload their CRYPTOCAP:ETH holdings, exacerbating the downward pressure on the cryptocurrency. Regulatory Uncertainty and SEC Allegations: Amidst the market turmoil, Ethereum ( CRYPTOCAP:ETH ) faces heightened regulatory scrutiny, with the Securities and Exchange Commission (SEC) at the forefront. Recent allegations by Patrick McHenry, Chair of the US House Financial Services Committee, accusing SEC Chair Gary Gensler of misleading Congress regarding Ethereum's classification, further add to the uncertainty surrounding the cryptocurrency. The revelation of an executive order by the SEC to subpoena and investigate Ethereum-related activities underscores the regulatory challenges facing the cryptocurrency ecosystem. Gensler's evasive responses during congressional hearings have only fueled speculation, leaving investors grappling with the implications of potential regulatory action. Market Dynamics and Investor Sentiment: The interplay between market dynamics and investor sentiment further complicates Ethereum's outlook. The strengthening of the US Dollar, coupled with concerns over inflation, has led investors to reassess their cryptocurrency holdings, potentially diverting attention away from assets like Ethereum ( CRYPTOCAP:ETH ). Despite the challenges, Ethereum's resilience shines through as it quickly recovers from recent losses. The cryptocurrency's ability to rebound within its key trading range signals underlying strength, attracting investors looking for entry points amidst market volatility. Looking Ahead As the regulatory landscape continues to evolve and market conditions remain fluid, Ethereum ( CRYPTOCAP:ETH ) faces a pivotal moment in its trajectory. The impending SEC decision on a spot Ethereum ETF and the unfolding Consensus lawsuit against the regulator will likely shape Ethereum's future trajectory.by DEXWireNews334
ETH ALL TIME TREND LINE RETESTETH ALL TIME TREND LINE RETEST going all the way back in 2015. I believe this is the bottom or we have 1 more bear trap then bottom is set.Longby huanghaocheng19114
Until the end of JulyIt seems that a symmetrical is forming, but after recent wave it will be more transparent, anyway, it needs time until the end of July.by MiladJ1
Rising towards 61.8% Fibonacci retracement resistance?Price is rising towards the resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 3113.58 Why we like it: There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement. Stop loss: 3241.30 Why we like it: There is a pullback resistance level which aligns wit the 78.6% Fibonacci retracement. Take profit: 2852.89 Why we like it: There is a pullback support level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Shortby VantageMarkets2215
$ETH Price Prediction 5/01/2024Another rejection sends ETH to average support with recovery back to 3k underway. Although signs may look hopeful remember that we've been below pattern for some time. It's possible we could see a drop to D1 200EMA (~2750) as a result. www.tradingview.comby CheddarBizcuitz2
Ethereum will drop as liqudity goes to BitcoinAs are currently seeing price of ethereum dropping as bitcoin sucks liquidity from all altcoin and driving the bitcoin dominance higher as a result we have seen in previous cycle that once we see a breakdown of the ETH/BTC pair most altcoin will bleed heavily. so I expect on a probability view that price will retrace lower during the next few month before the first interest rate cut!! Follow for more breakdown www.tradingview.com Boost and share the chart, leave a comment for suggestive analysis Shortby ShinForex1Updated 224
ETHUSDPair : ETHUSD ( Ethereum / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves RSI - Divergence Break of Structure and Retracement Impulse Correction Fibonacci Level - 23.80%by ForexDetective224
Liquidity Hunt PatternLiquidity 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 trading decisions. What is the Liquidity Hunt Pattern? The Liquidity Hunt Pattern is characterized by a series of price movements that create a distinct "W" or "M" shape on the chart. This pattern forms when large institutional players, known as "liquidity providers" enter the market to buy or sell large quantities of assets. Their actions create temporary imbalances in supply and demand, leading to price swings that can be exploited by astute traders. Identifying the Pattern: The Liquidity Hunt Pattern consists of three key elements: The "W" or "M" shape: This is the most recognizable feature of the pattern and is formed by a series of price swings that create the distinctive letter shape. Volume spikes: The pattern is often accompanied by significant volume spikes, indicating the presence of large institutional activity. Breakout or breakdown: The pattern typically resolves with a breakout or breakdown, signaling a potential change in the market direction. Trading the Liquidity Hunt Pattern: Traders can use the Liquidity Hunt Pattern to identify potential entry and exit points for their trades. By understanding the dynamics of the pattern, traders can: Anticipate potential turning points: The pattern can signal potential reversals or continuations in the market trend. Identify high-probability trading setups: The pattern can be used to identify areas where the risk-reward ratio is favorable. Manage risk effectively: The pattern can help traders set stop-loss and take-profit levels to manage their risk exposure. Conclusion: The Liquidity Hunt Pattern is a valuable tool for traders of all levels. By understanding its formation and implications, traders can gain an edge in the market and uncover hidden opportunities for profitable trades.Educationby TheGreatR00T111
EthereumI'm finding myself gravitating more towards this crypto over Bitcoin, and that's mainly due to Ethereum's price. I'll explain my chart along with what I'm anticipating. What am I anticipating? Price is currently breaking a key lower-high on the weekly, which happens to also be the same area as the monthly (key) lower-high. Once that bull candle closes pass those levels at the end of today then the weekly turns bullish. Normally, price would run into an old key area in order for the retracement phase to begin. I'm looking for bull continuation to spike the A.T.H. and $5000 price point followed by a correction right into my area of interest (A.O.I.). Do I have a "special" price within the A.O.I.? I actually do! $2400. In conclusion, I'm merely a spectator until the bears enter the market to drive price down, and if that doesn't happen due to bull momentum, I'll readjust. M - 🐻 W - 🐻 *If today's candle closes above the key LH, it turns 🐂* D - 🐂 H4 - 🐂by ChrisJTradesFXUpdated 336
ETHEREUM WEEKLY LEVELSETH price action has been viewed as a signal for the rest of the altcoin market in past cycles. I just wanted to share the main weekly support levels, in case this correction continues. These black lines are the areas that we could likely see interest in Ethereum.by ScottMelker0
Confluence Watch: ETH/USD Support Following yesterday’s edition of ‘Confluence Watch’ on the EUR/USD, today’s attention shifts to the Digital Currency Space: Ethereum versus the US dollar (ETH/USD). According to the weekly timeframe, the major altcoin is down nearly -10.0% WTD and fast approaching an area of confluence (support) between $2,283 and $2,627. The support zone boasts several technical components: • Support zone at $2,283-$2,485. • Channel resistance-turned-potential support line, taken from the high of $2,018. • 1.272% Fibonacci projection ratio at $2,379. • 200.00% extension ratio at $2,387. • 61.8% Fibonacci retracement ratio at $2,494. • 50.0% retracement ratio at $2,500. • 50-day simple moving average, currently circling $2,260. Ultimately, the trend still favours bulls. Therefore, the above-noted long-term area of support could be a zone buyers work with if tested. Longby FPMarkets0
$4100.00 the next big target, Second leading gaining its respect$4100.00 the next big target, Second leading Coin is gaining its respect and may it will reach. The second leading coin is in the way to reach 41k again and it will continue its little bit in the downtrend to reach near 27k, this can be the Good support to move the price of the coin again in the bullish direction to reach my target 41000.00 and I am also hoping that the Ethereum will gain some records, the Ethereum will break the previous records. LIKE👍, COMMENT 💬 & FOLLOW ➕, these figures can encourage me to analyze more efficiently for you. My all followers are requested to support me, comment my ideas and share your thoughts in comment box and new comers are invited to follow and support me.by Ali_ExplorerUpdated 3316
ETHEREUM, direction 2400$ ? 📉Like its big brother the Bitcoin, the ETH is correcting violently (-10% this Tuesday and -30% since the Bitcoin ATH). However, we've reached a very interesting zone! We're approaching the OTE zone, where EQLs to be liquidated are first present. We then have a daily Order Block at $2400. I'm therefore short ETH up to this OB, then I'll wait to see how the price reacts to it before deciding on my next positions. Feel free to subscribe and boost this post if you enjoyed my analysis, and tell me what you think! Good trading and have a good week :)Longby InfiniteY18
BUY ETHUSDBUY ETHUSD at the 2,580 or the 2,250 price levels, going back up to the 4,550 to 5,060 price and beyond.Longby pstock1232
etheth 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.by lruizcoines111
$ETH Price Prediction 4/30/2024A tough breakdown after ETH fails to push above 200EMA resulting in a drop below 3k. Price is now looking to recover above 3k after reaching lows of ~2900. A purple line has been added for an average low (+/-$30) in the case recovery is not successful. www.tradingview.comby CheddarBizcuitz1
ETH LONG IDEA ZONEthis is the zone i expect to hold on ETH, this is a good area to get long, as we are facing major support levels, a bounce off this should take us to $4300+. IF (and I don't think this happens, we break that red line which is around $2000ish, ETH is in big trouble). I am bullish on ETH still. Longby card2211112
Expecting Eth reversal in next few daysEth staying above 50% of of its monthly BISI , which is a bullish sign, Expecting Eth reversal in next few days once Bitcoin bounce from its weekly BISI and Sweep march lows. Next price target $4867.Longby CryptBo882
ETH Daily AnalysisCould 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 $2200Shortby StavrosKUpdated 1114
ETHUSDHello guys this is VHT your mentor and I am back with another analysis I remember I told you guys I am shorting ETHUSD but the market isn't ready yet we'll guys now the market is ready to sell put in your sell orders and let's money together guys. Note if you have a small account once you get in and the market gives you profit pls take partial profit or move your stop-loss to break even ad the market will give hiccups but ultimately, it is potentially coming to our profit target. VHT YOUR MENTOR SIGNING OUTShortby Victor_Hunter_Turner2