Short Term BTC and ETH Sell Off?Price created SMT at the highs after taking liquidity. Now we wait and see if it wants to trade lower into the start of the week before continuing higherShortby adammeyer4121
Potential bullish bounce off 50% Fibonacci support?ETH/USD is falling towards a support level which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 3,035.12 Why we like it: There is a pullback support level that lines up with the 50% Fibonacci retracement. Stop loss: 2,926.40 Why we like it: There is a pullback support level. Take profit: 3,196.54 Why we like it: There is a pullback resistance 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.Longby VantageMarkets3317
ETHUSD LONG OPPORTUNITY!After making a clear divergence on 4H it is retracing we can expect it to retrace 0.5 Fib level where we also have a good support level. We can look for long setups from there with confirmation on smaller timeframes.Longby itshamzajaved0
ETHUSD Is Bullish! Long! Take a look at our analysis for ETHUSD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 3026.1. Considering the today's price action, probabilities will be high to see a movement to 3253.6. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProviderUpdated 229
4.8k Sooner Than LaterA break out from this falling wedge is gonna send the price straight to 4.8k as the initial target. Price could go way beyond the ATH, but for now a conservative initial target of 4.8k is reasonable.by Se7enSkies1
$ETH Price Prediction 5/18/2024Price remains below 3125 as short-term EMAs close in on divergence. A breakout here could send us out of pattern and to the next D1 marker at 3371. Keep in mind the assumed W1 close at 3k, especially if pattern breakout is rejected. www.tradingview.comby CheddarBizcuitz2
Indecisive I have a bullish bia on this, once the 3.1k resistance is successfully broken, will see a run to 3.6k level. by Kizito-A335
ETH/USD Poised for Upside After Resilient Support TestingHello Everyone, ETH/USD has undergone significant support testing, and the 1-week support structure has shown resilience. The price is now poised to attempt new highs. To confirm further upside, we need a stable position above the 1-month pivot point. The first indication of a bullish trend would be if the strong resistance level at 3100.416 turns into support. TradeWithTheTrend3344Longby TradeWithTheTrend33441
ETHUSD/ Bear and bull spotsD waves system is a private system which can project a market as per dynamics and waves . right now a surge can be seen in ETH price but will be hammered down towards 2980 or even 2880 before next bull move towards 3330 zone. This is not a financial advice. by raghufxUpdated 110
Compression reaching critical point soonPrice is compressing inside a triangle and a sharp move will soon happen Usually triangles are neutral figures without specific direction by balinorUpdated 1
ETHEREUM - BULLISH MOVE 🚀Hi Traders ! The ETHEREUM Price Failed To Break The Support Level (2921.76 - 2868.32). Currently, The Resistance Line is Broken ! So, I Expect a Bullish Move📈 -------------- TARGET: 3135.00🎯Longby Hsan_BenhmedUpdated 131334
ETHEREUM LONG BUYHello everyone, for the ETHEREUM I'm aiming for a bullish continuation after the break of the structure.Longby InfiniteY10
ETHUSD TRENDLINE ANALYSIS BUYHere on ETHUSD price has moving uptrend and is likely to rise again after touching the trendline so is expected to go LONG and profit target should around 3207.74Longby FrankFx142
Ethereum's Drop: Is $2500 Still in Sight?I mentioned in the previous video that we might see a drop in the price of Ethereum as the ETH/BTC pair breaks lower due to liquidity being drawn to Bitcoin. We have observed a relief rally towards the 20 EMA, following the breakdown of the ETH/BTC pair, while still respecting the 20 EMA. Based on the previous cycle in 2019, we saw something similar as ETH/BTC broke down the support. ETH/USD retraced towards the 20EMA before dropping about 30%, so we could have something similar play out. "Thank you for your support. Please leave a comment and follow." Short04:13by ShinForex13
$ETH Price Prediction 5/17/2024A strong push brings us to 3125 as price looks to keep above 200EMA. Holding pattern is possible which could lift us out of consolidation range. Refer to 3210 as next resistance if this occurs; the W1 goal at 3k will remain for now. www.tradingview.comby CheddarBizcuitz1
ETHFor some context: Rule of alteration states that if/when W2 is a Flat then W4 can only be either zig zag or triangle. W(4) "Guideline" (not a rule) : When the 4th wave finishes its trajectory it is most commonly known the wave A will test the 2 of the wave 5 one degree less and wave C will end somewhere in the price area of wave4 one degree less. If this ends up being a zig zag and not a triangle I would think this (4) will be utter destruction of the bulls.Longby Big_Mike7164
Range trading around Purple line and Green Line ZonePurple Line: 50 days MA Green Line: 125 days MA Price touch Green line three times which provide strong support. Possible next development is going to test purple line for the 3rd time. by BMYWinUpdated 2
Bullish Flag on ethBullish flag will be formed on break of $3180 Targeting new Ath of $5800by anas7861111
ETH Falling wedgeLooks like ETH is trying to form falling wedge, could be interesting if this is not fake out and eth go to $6-8k range.Longby TeamDoubleBottom0
ETH BULL FLAG BREAKOUT ETH broke out of the bullflag! It has been consolidating inside the flag since February. A breakout with a retest bounce is priming us to give 4K another shot. Notice how ETH held (and dipped slightly below) the bull market support band before bouncing off it. Good luck to all! Longby HoleeTrader2
Ethereum Bullish WeekEthereum Bullish Week? Falling wedge $4000 to $2800. Ethereum current price $3066. Ethereum has the potential for $10k in a bullrun. Stoch Rsi = Neutral Rsi = Bullish Macd = BullishLongby cryptotrader2701
ETHUSD SHORT - May 24 (☔ Reverse Trapping Lighting v1)--- This pattern is a Grade A --- 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 but they rise and stall into a range before falling. Because of the nature of the range there are opportunities for us to take tight stops to limit risk and still have clear TP at the next S/R lines Entry Step 0: Identify Regime - Is the D1 still below the 20 SMA Step 1: Identify Period of indecisiveness Step 2: Bullish price shoot up Step 3: Mark Limit entry and SL - Go trade: Risk Reward ratio no lower than 2 - Bad trade: Risk Reward ratio <2 Depending on patterns I will adjust the bet size accordingly Grade A - 100% Bet, 9.5 units - $500 Grade B - 50% Bet, 4.75 units - $250 Grade C - 25% Bet, 2.3 units - $121 Backtest performance: 15 Mar - 18 Apr 2024, 1 Hour candle Average 1 Trade per week Total Trades: 5 Lose: 1 Win: 4 Total Profit: 6,709.90 Profit Factor: 38.27 Deepest Drawdown: -2.32% Highest Run-up: 11.59% Average Trade: 1,341.98 Will continue to iterate the strategy as the live trades flow inShortby Ronin_traderUpdated 332
$ETH - Supports & ResistancesCurrent areas of support and resistance in Ethereum. Watching these areas for entry or take profits points.Longby fortune_001