Ethereum continuation riseAs seen, based on technical analysis price has been flying for awhile now, waited for pull back to get our FVG at HL level by MadsTheGoldminer2
Ethereum: Ready or Not? ⌛In the Ethereum Chart, our alternative scenario, which will be activated on a break above $4091, now carries a high probability of 42%. However, as long as the price remains below this level, we must continue to expect a descent into our green Target Zone (between $2807 and $1813) first.by MarketIntel2
Ether breaking up from bullflag.Very likely validating the breakout up from this flag with this big candle move/close today.. If so the target is all the way up at $5034. Reaching this price target can take price well above the purple line which is a neckline to a big inverse head and shoulders pattern. Once we were to trigger the breakout of the big inverse head and shoulders target we will likely be looking at a measured move target for it around 7300-7400! For now the current target to focus on is 5034, as it could still correct enough to dip back below the purple neckline after reaching the bull flags breakout target. Also chances at consolidations or pullbacks along the way to the bull flag target as well so tread wisely. *not financial advice* by DrDovetailUpdated 1
Wolf Wave Target Achieved. Target 2 is Triangle Great! Wolf Wave Target Achieved. And the second Target Triangle Pattern.Longby SasikumarManiUpdated 2
ETHUSD-TRIANGLE BREAKNote: This Analysis have been given initially and has so far played along, We can now see triangle formation and play, this a pattern that is well known, hence add more position at break of previous days high, Solana has been a leader, BCT have not been finding much strength however the two are trading above the neckline expecting continuation BUYSLongby Jeremiah_Capital2
Ethereum Elliott wave analysis monthly chartWe are at the start of wave 3, time for take off!!!Longby ioanniskadis2
ETHUSD Elliott wave countThe equality between waves 1 and 3 (blue count) in conjunction with the ETF approval for Ethereum, we can expect an extended wave 5 with a target equal to waves 1+3, the yellow Fibonacci projection, respectively the 7560 area. The price breaks 3726.79 level and the near term resistance levels will be 4091.67 and the TOP 4867.81by Cross10XSignals2
ETHUSD Buy SETUPMonthly & Weekly prices above the cloud Daily is also above the cloud I took a buy setup on H4Longby Obreezy5Updated 2
ETHUSD/ETHBTC afternoon updateVery intriguing bullish setup for ETHUSD and ETHBTC. ETHUSD holding support at .618 Fibonacci drawn from pivots at 4093.88 and 2100. There are different bullish counts that can be drawn from 879.80 low, will know more if price gets above 4093.88 and how price moves above that resistance. ETHUSD move may be magnified by bullish ETHBTC setup, if low of 0.04474 can hold off .618 Fibonacci drawn from 0.08864 and 0.01614. Immediate bullish targets on both charts would be the median lines of each pitchfork.by discobiscuit2
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
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_Mike7162
a VERY high probability 30% Roi BUY LOW, sell high. I snagged many at $3,000 and I will hold them until $4,000. Which I'm very confident will happen by the end of the year. BUY OFF THE BLUE LINE. My favorite strategy!! Longby ReallifetradingUpdated 114
ETHEREUM TO $5000Bullish news testerday for CRYPTOCAP:ETH SEC ASKS EXCHANGES TO UPDATE 19B-4 FILINGS ON AN ACCELERATED BASIS FOR SPOT ETHER ETFS: COINDESK Pump till target area or a rejection of filing Longby SpecuVisionary2
$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
ETHUS - Daily BullishnessThe bullish activity is evident when you take a look at the descending RSI on this daily timeframe, while the price is moving up. This is a huge divergence and I expect the breakout to be massive The curved pattern in green is where I expect the breakout to occur, which it is very close to. Longby Bixley2
$ETH Price Prediction 5/21/2024Price breaks ascending pattern and now holds between 3810 and pattern resistance. Weekly close is now expected at pattern resistance (3685) to maintain bullish momentum. Closing around 3671 could trigger correction for next week with 3371 marking bearish piercing. www.tradingview.comby CheddarBizcuitz1
$ETH Price Prediction 5/20/2024A massive push increases price by $600 and positions us back at prior ascending resistance. From a long-term perspective this is a strong indicator that next week will be bullish as well. However expect the likelihood of dropping to pattern support for a new W1 close goal (~3550). www.tradingview.comby CheddarBizcuitz1
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
3835 retestEthusd has found support currently and will retest close to area of 3840 where resistance was met. 3835 retest is now in progress.Longby regkey4131
ALTSEASON is just about to launch!!!According to the historical relationship between ETH & NVDA The caveat obviously this relationship was far stronger when ETH was validated using GPU's ... but we still have to take note of this relationship in my opinion! We know a vast majority of the altcoins are still in fact ERC20's ... including all the various L2's like Arbitrum, Base, Pulsechain and the other various EVM's A strong eth has a multiplier effect on those S coin prices. As we have already seen this cycle on Solana. The ETH etf is on the docket to be approved .. it is actually a political necessity now. like I've been saying we are due are GENERAL altcoin season any day now... not just new coins, or new narratives.. I think all boats will rise in this next ramp up. ? do we get a double bubble like in 2017? or a short 6 months -9 months and end the 4 year cycle early?by BallaJiUpdated 4418
$ETH Price Prediction 5/22/2024Price continues to hold between pattern resistance and 3810 forming into a symmetric layout. Early breakout seems very possible but wait to flip 3810 before assuming further recovery. Keep in mind that we're in a MACD convergence phase. www.tradingview.comby CheddarBizcuitz1
ETH FIB RETRACEMENT + Fair Value Gap 5/21/24We have show resistance at 3727, Currently we look to be bouncing off the fair value gap from 3616 to 3638. We can see a double top yet it might play out to be a triple if we don't just break through this FVG. The fib levels would show us a drop price back down to around 3400. Also looking at the RSI on the 4hr time frame we are in over sold territory. yet on the daily just touch the 70. As we have seen a large momentum sweep and active volume over the past two days, I have marked up my chart to share what i think is the next move for eth. This is my first published idea and would love to hear feedback on my analysis! THANK YOU ! I WISH US ALL BIG WINS!Shortby bigdreamsrichmotives1
Ethereum's Road to Recovery: Professor's Outlook📊🚀 Ethereum's Road to Recovery: Professor's Outlook 💡🔧 Let's dive into Ethereum and its journey under the looming shadow of regulatory decisions and market dynamics. With Ethereum teetering below the $3,000 mark—a significant psychological barrier—let's explore the potential pathways and strategic levels that could dictate its short to medium-term trajectory. Current Ethereum Landscape Ethereum currently stands just shy of the critical $3,000 mark. This level is not only a psychological barrier but also a pivot point that could lead to substantial price movements based on investor sentiment and market dynamics. With anticipation around the SEC's decision on ETFs, Ethereum's price movements are under increased scrutiny. ps. i think it will be a security and i don't think this is bad news..we can discuss later Key Technical Levels Immediate Resistance: The immediate resistance levels to watch are $3,273, $3,580, and $3,720. These levels represent short-term targets that could validate bullish sentiment. Longer-Term Targets: Looking further ahead, the $4,320 and $4,880 price marks stand out as significant resistance levels. Achieving these would signal a strong upward trend and potentially set the stage for more ambitious targets. Historical Support Review: The same support level observed in April, which proved robust during previous tests, is once again in focus. This support level has recently facilitated a healthy rebound, indicating underlying strength in the Ethereum market. Future Outlook Despite the uncertainty surrounding ETF approvals, Ethereum's robust technical foundations and recent performance suggest resilience and potential for recovery. Projections for Ethereum reaching as high as $6,174 remain ambitious yet plausible within the next 18 to 24 months, assuming favorable market conditions and regulatory outcomes. Conclusion As Ethereum navigates these critical levels, staying informed and responsive to emerging trends will be crucial. The interplay between regulatory news and technical indicators will likely drive Ethereum's market behavior, providing strategic opportunities for keen investors. Keep an eye on further developments, and as always, engage with the markets thoughtfully and strategically. One Love, The FXPROFESSOR 💙Longby FX_ProfessorUpdated 1110