$eth longre-trying eth long here . 4hr lows taken out expecting some sought of reversal here across most markets in crypto . Longby origami_capital33Updated 4
Ethereum Skyrockets: Next Stop $5,400?Ethereum indicates that we are now approaching the completion of Wave 3, which is expected to be between $3,274 and $5,400. There is potential for an increase in the coming days that could drive prices significantly higher. However, the 161% extension level within Wave 3 is seen as very important and significant, and the resistance line at $3,581 could become a major hurdle. Accordingly, preparations for a retreat to Wave 4 are being made, based on the subordinate wave structure, which is expected to be between 38.2% and 61.8% and would place it between $2,600 and $2,200. Nevertheless, there is still considerable potential for an upward movement to complete the overarching Wave 3, which is likely to coincide with the previous peak of Wave 5 at $2,400, representing an almost 72% increase. Such a retreat is considered crucial at this stage of the market, as it provides an opportunity for a subsequent rise and the possibility to "flush out cheap money" from the market, thus setting the stage for healthier market dynamics in the future.Longby stromm_by_wmcUpdated 2224
Ethereum: Let's GoWe are filled on Ethereum. We expect this wave 4 either to end here or secondarly it could be the first leg of the wave 4 correction, the wave (a). Either way we expect Ethereum to rise in the coming days to either complete the wave 5 or wave (b). We will update you accordingly on the developments of Ethereum. Longby stromm_by_wmcUpdated 4
ETH\USDThe current ETH/USD pair is showing a demand zone at the level of 3558.3. This indicates a significant area where buyers are exerting notable interest in the cryptocurrency pair, potentially leading to a reversal or an upward movement in price. Demand zones serve as pivotal regions on a price chart where buying pressure outweighs selling activity, often signaling potential bullish momentum. Additionally, there are further demand levels identified at 3520.2, 3482.5, and 3400.1, highlighting multiple layers of support for the cryptocurrency. These levels represent strategic points where traders may anticipate increased buying interest, shaping their trading strategies accordingly. Effective risk management is essential in trading, hence setting a stop loss is crucial. The specified stop loss at 3610 indicates a predetermined point at which traders are willing to exit their positions to limit potential losses. By adhering to a disciplined risk management approach, traders aim to protect their capital and mitigate the impact of adverse market movements. Understanding demand zones and integrating them into trading strategies is vital for traders seeking to identify optimal entry and exit points. Analyzing demand zones enables traders to gauge market sentiment and anticipate potential price movements, empowering them to make well-informed trading decisions. Moreover, traders should consider various factors such as market fundamentals, technical indicators, and macroeconomic events when assessing the validity of demand zones. These external factors can influence market dynamics and impact the effectiveness of technical analysis tools like demand zones. In summary, the presence of a demand zone at 3558.3 for the ETH/USD pair, along with additional demand levels at 3520.2, 3482.5, and 3400.1, underscores critical areas of interest for traders. By incorporating stop loss orders and considering broader market factors, traders can navigate the cryptocurrency markets with enhanced confidence and proficiency. Shortby Leopard_leo_trader_3
ETH 2024In 2021 ETH hit 3.618 from 2018, will ETH hit it again? YES :DLongby consciousMaste10317Updated 446
ETH Waiting for a breakEthereum is preparing a new pump. I am waiting a break above the yellow trendline before taking any action. I would like to see a little accumulation with a range above the trendline before entering in a long trade. My targets would be the resistance area at $3.600 first and $3.900 nextLongby CryptoForexGem229
Rebound for crypto?Ethereum (ETH/USD) has made a bullish bounce off the pivot which has been identified as a pullback support; the bullish momentum could potentially carry it higher towards the 1st resistance. Pivot: 3,262.85 Support: 2,989.64 Resistance: 4,045.80 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 ICmarkets112
$ETH Price Prediction 4/07/2024ETH finds its way back above 200EMA with EMA divergence closing in. Keep an eye on W1 neckline (3520-3580) as a critical resistance point prior to 3685. The new weekly goal has been outlined which is still held within pattern. www.tradingview.comby CheddarBizcuitz2
ETHFeels like time is running out for 3k ETH Dips beneath 3.4 over last few weeks were blessings Next best is long now 3.4 to EthallaLongby jhonnybrah113
ETH Ethereum Trade IdeaETHUSDT has demonstrated a bearish break of market structure within the 4-hour time frame. Our strategy involves initiating a sell position with the aim of targeting previous lows, while setting a stop loss above the previous swing high. It is advisable to secure partial profits upon reaching the first target (T1), adjusting the stop loss to breakeven, and subsequently trailing the price until a bullish break of structure is observed. It is important to note that this is not financial advice, and prudent risk management practices should be employed.Shortby tradingwithanthonyUpdated 113
Truncations in leading diagonals?According to the rules leading diagonals 5th wave cant truncate. Doesn't matter if they are contracting or expanding variations. Here are examples where contracting diagonals can truncate. If they are in the 5th of the 5th of an impulse.Educationby PK_SEND_IT112
ETH/USD Short underway Eth has had a slow rally for the past few months and has underperformed compared to other crypto pairs. I am over all still bullish but believe that we will see a pull back to 3000 range before hitting ATH's Shortby earlytraderUpdated 223
BUY ETHEREUM !Update from the previous idea. Bullish. Wait for lower prices before getting in. ;)Longby DannyKhan133
Will Ethereum Reach All Time Highs?Well by the looks of it, it looks like it has a pretty good chance that it will... Especially with BTC doing what its doing. ;)Longby DannyKhan13Updated 229
ETH 2024-2025 bull runMy target for ETH in this bull run (2024-2025 ) is $12,000 - $20,000Longby dp0001115
Ethereum Price Action Analysis and Speculative ForecastAs of the most recent session, Ethereum (ETH) has exhibited a confluence of technical indicators signaling a critical juncture on the 4-hour chart. A brief encapsulation of the current technical landscape reflects an asset navigating through tumultuous waters, with the potential for both ascent and decline. Ethereum's price oscillates within the bounds of the Bollinger Bands (BB), having recently tested the middle BB, currently positioned at $3,341.29, serving as a tentative resistance. The narrowing of the BB suggests a period of consolidation, typically preceding a volatile price move. The Ichimoku Cloud, another pivotal indicator, shows a price movement that's meandering below the cloud, implying that bearish sentiment prevails, with the potential for a bullish crossover should the price penetrate and sustain above the cloud. Further insights are gleaned from the Fibonacci retracement levels drawn from the swing high at $3,428.84 to the swing low at $2,949.79, indicating that the recent recovery has been stifled at the 38.2% retracement level, signaling a lack of bullish conviction. This retracement zone becomes a region to monitor for either a potential reversal or continuation of the trend. The MACD (Moving Average Convergence Divergence) indicator presents a nuanced view; the histogram reflects a marginal bullish momentum as the MACD line (blue) is poised above the signal line (orange). This divergence needs to be monitored for persistence or divergence, which would suggest a strengthening or weakening of the current trend respectively. Furthermore, the RSI (Relative Strength Index) oscillates marginally above the median line at 60.30, reflecting a tepid bullish momentum. However, it should be noted that the RSI has not yet reached overbought conditions, which indicates there might be room for the price to climb before facing exhaustion. The OBV (On-Balance Volume) aligns with the RSI, suggesting that while buying pressure has been adequate, it lacks the vigor necessary for a definitive bullish assertion. The plateauing OBV indicates that the market is awaiting further catalysts to drive decisive volume. Speculatively, should the price surmount the Ichimoku Cloud and sustain above, it could potentially target the 0.5 and 0.618 Fibonacci levels at $3,384.27 and $3,447.73 respectively. Conversely, a rejection at the cloud could see ETH retract towards the 23.6% Fibonacci level at $3,048.07, which, if breached, may pave the way for a retest of the lower BB near the $3,000 psychological support. Investors are advised to remain vigilant for breakouts above or below the current consolidation zone, as these could signify the next leg of ETH's journey. The impending volatility suggested by the technicals warrants a strategic approach to risk management, with dynamic adjustments as the market unfolds. In conclusion, Ethereum presents a delicate balancing act between bullish and bearish forces. A prudent observer will watch for confirmation signals, particularly the price action in relation to the Ichimoku Cloud and the upper resistance levels outlined by the Fibonacci retracement, to establish a directional bias. As always, while the technical outlook provides a speculative forecast, external market drivers and broader sentiment should not be disregarded.by AxiomEx1
ETHUSD-SELL strategy 4-hourly chartI suspect we may see a test near $ 3,450, but would be SELL into rally. The GANN resistance likely will hold, and stochastic will be high enough at the time for this short. Strategy SELL @ $ 3,435 and place SL above $ 3,525 for now. Profit order @ $ 3,157. Shortby peterbokma0
ETHUSD - Strong Trend LineThis is the 4Hr chart for ETHUSD showing price settling above a dominant trend line I think this trend line will act as support for price and allow further continuation for the bulls Very bullish on ETHUSD Longby Bixley8
ETH/USD Analysis (7th April 2024) ETHUSD Analysis On the 4 hour timeframe, price created a retracement after creating the all time highs at 4091. After retracing, price action created a bullish CHOCH with a body candle close at 3389.10. This indicates bullish continuation is possible after some retest of the bullish orderblock. The most recent price action retested the orderblock and has created another bullish Change of character with a wick candle closure above the level 3388.86. Ideally i want to see price break above 3439.81 with a body candle close to look for longs. Else, should price go bearish, I want to see 3216.44 get broken below with a Body candle close, looking for a break and retest to continue shorting.by CallistoFX0
ethereum ETH (MACD)The reason MACD is not so reliable even with blue chip analysis; as seen in the graph the rising movement in the MACD indicator leads the buyer to think the price is going up and at the same time using a measuring stick it had been 50 days since the last price increase, instead of going positive like the MACD and timeline would lead one to think, the price went down really hard. A bad sign for the 100 day moving average is to see the price fall hard like Ethereum did at the 50 day.Shortby CryptocurrencyBlot0
ETH EthereumWhen the yellow squiggly line starts to smooth, that's a sign the price is about to trend over the top of the peak and carry over the over the other side. No sign of any prices crossing over moving average lines yet. by CryptocurrencyBlot0
Ethereum and History BullishEthereum in the last few days is forming a clear DB in a massive buying area respecting all the indicators and pattern. I think price will make the exact same move we say last time we make a DB after a new high. My next zone on ethereum for possible close of profits will be in the ATHLongby manelfx1