need signal to short*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.Shortby iminigham11Updated 116
Etherem to 4k without serious correction?As usual, BITSTAMP:ETHUSD tends to catch up with BITSTAMP:BTCUSD initially, as its price lags behind. However, after the leader experiences significant upward movements, Ethereum follows suit and often surpasses those gains. Technically, the price has been confined within a long upward accumulation channel. Once this channel was breached, the price accelerated to the upside. Currently, Ethereum is in a consolidating phase, and a new upward movement could be imminent. Considering the measured target for the long-term channel, we could anticipate a rise to around 4100. Switching to a shorter timeframe, we observe that after the volatile day on February 29th, dips in ETH are aggressively bought, resulting in new highs (unlike BTC). A break above the 3.5 zone should accelerate gains, with 3750 serving as the short-term target. Longby Mihai_IacobUpdated 8845
ETH BULLS NEW TARGET $4,300Everyone is building something and they build they will always come resistance.. and value is smiling and knowing resistance is just another way to grow.. ETH reach a resistance and fell sharply, price yesterday filled up the losses and ready to break higher. The benchmark is seeking to bring to life that which has not yet exist.. Today I will be adding more positions to my existing position on ETH PA will be flying from $3800 entry point.. 1,500 pips in play here, lets watch PA travel to our target area.. Hey, instead of watching, join me on this train.. could be the best trade of your life. Longby stuckinprofit118
Ethusd well on the way to its channel breakout target.Just an update of this chart and the breakout eth has confirmed of its long standing channel consolidation. I also expect it to hit the second target on the left of the chart that is slightly higher not long after that as well. That target is from a wedge ethereum broke up from long ago. *not financial advice* by DrDovetailUpdated 225
$ETH Price Prediction 3/06/2024A strong recovery sends ETH past previous highs reaching upwards of 3900. However momentum has yet to break critical which may result in a double-top. If this occurs supports should be noted at 50EMA -> 3615 -> long-term neckline (red) as final. Closing below this zone would set us up for cycle reversal. www.tradingview.comby CheddarBizcuitz226
ETHEREUM ABOUT TO EXPLODE AND REACH ATH TILL MARCH 2023!Manipulatt1on ph4se is in and ETH will reach ath while the FED will slow down the hike rates, till cut.Longby JavierSantiniUpdated 111111
Ethereum Surges to $3,800 Milestone Ahead of Dencun Upgrade 🚀💻Ethereum ( CRYPTOCAP:ETH ) has soared past the $3,800 mark, marking its highest price since December 2021, fueled by anticipation surrounding the imminent Dencun upgrade. As the cryptocurrency landscape undergoes rapid evolution, Ethereum ( CRYPTOCAP:ETH ) stands tall as a beacon of innovation and potential, captivating investors and enthusiasts alike. Ethereum's ( CRYPTOCAP:ETH ) meteoric rise above $3,800 signals a resurgence in investor confidence, with the cryptocurrency poised for further gains in the days ahead. Despite a slight pullback from its peak, Ethereum ( CRYPTOCAP:ETH ) continues to trade robustly at $3,796.53, reflecting a 2.8% increase for the day, according to data from CoinGecko. The surge in Ethereum's ( CRYPTOCAP:ETH ) price coincides with a remarkable increase in staked Ethereum ( CRYPTOCAP:ETH ), surpassing $116 billion earlier this week, marking a 9% uptick since the start of the year. With over 31 million ETH currently staked, valued at over $119 billion, Ethereum's ecosystem demonstrates unwavering resilience and vitality. At the heart of Ethereum's ( CRYPTOCAP:ETH ) upward trajectory lies the eagerly anticipated Dencun upgrade, poised to introduce transformative features designed to enhance efficiency and reduce costs. Among these features is the introduction of "blobs," which streamline transaction data off-chain, minimizing storage and processing expenses. Ethereum ( CRYPTOCAP:ETH ) core developer Mario Havel lauds the upgrade's potential to revolutionize data handling, paving the way for enhanced scalability and cost-effectiveness. Moreover, the Dencun upgrade brings forth EIP-7044, an Ethereum ( CRYPTOCAP:ETH ) Improvement Proposal enabling validators and stakers to automate exit strategies in case of node inactivity. This innovative feature empowers participants to proactively manage their positions, mitigating risks and optimizing performance in Ethereum's dynamic ecosystem. As Ethereum ( CRYPTOCAP:ETH ) charts new highs and prepares for the transformative Dencun upgrade, excitement reverberates throughout the crypto community. Investors and enthusiasts alike eagerly await the deployment of these groundbreaking features, anticipating enhanced functionality and broader adoption for Ethereum. In the ever-evolving landscape of cryptocurrencies, Ethereum ( CRYPTOCAP:ETH ) remains a trailblazer, driving innovation and shaping the future of decentralized finance. With each milestone achieved, Ethereum reaffirms its status as a cornerstone of the digital economy, poised to redefine the possibilities of blockchain technology and usher in a new era of financial empowerment.Longby DEXWireNews449
Support and resistance range For ETHUSDThe support and resistance range for ETHUSD is specified in the chart.by alidashtbeshUpdated 112
ETH - Top ? Possible EW count ?Just imaginary EW count for ETH. - Work of pure fiction and magic Not financial advice.Shortby mi_khan224
Ethereum, like its counterpart (BTC), will reach its highest priGreetings Dear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it. I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision. I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily. I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him. Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me. I hope my analysis will be useful to you in your business journey, and I wish you all the best. Sincerely, Mr. Nobody Longby mehdi47abbasi792214
Why hello there ETH, can we be friends?barring any black swan events - now that we have the new ETH release forthcoming, the bitcoin halving in the future, and the bear market behind us (fingers crossed?), this is the trend - we'll see some stops and volatility at the major support/resistances for trading. I'll just be holding for the next year or two. Less stress!Longby crow1980Updated 338
Possible Bearish Crab Pattern. ETH made a strong drop off resistance and is now spiking the high. These are things we see in bullish breakouts but it's also something we can get in stop hunting before a big reversal. If it's stop hunting/breakout baiting it runs just far enough to stop people out/bring bulls in but not enough to pay them. As a general rule, extremely high RR trades are available into the false breakout zone. This concept can't be bet on blindly but here we have a possible deep crab completion at the 4.23 giving entry/stop zones. These are real rug pull reversal setups if they come. Much more optimistic outlook for ETH if it can make a true break of this level, but if it's a fake out it'll probably end soon. Shortby holeyprofitUpdated 3312
ETHUSD - LONG (1d) (4h)enter price -3683.9 stop loss -3320.9 take profit -4371.5 DETAILS: The price broke strong resistence line (area) with strong volume and big bullish candle, at the 4h timeframe the price broke the swing 10 high strongly , the TP is in strong resistence area the SL is below the breakout candle , the swing 10 low at the 4h timeframe and the strong area that the candle broke . Longby omeramran67Updated 227
ETH to $4,000 Before Dencun Upgrade? ☀️☀️☀️The price of Ether rose 1.2 percent to $3,854 over the past 24 hours ahead of the implementation of its Dencun upgrade next week. This upgrade will slash Ether’s transaction fees (also known as gas fees) which currently are at the highest level since May last year. Separately, the SEC is seeking comments on BlackRock and Fidelity’s spot ETH ETF applications, notably asking whether Ether’s proof of stake mechanism and concentration of control raise concerns about potential fraud and price manipulation. Interested third parties have 35 days to file their comments. “I think it is inevitable Ether is next,” the co-founder and co-CEO of HANetf Hector McNeil told cryptonews. “If Bitcoin can be approved and meets all the liquidity and asset class thresholds then Ether qualifies.” A bullish sun continues to shine over Bitcoin and Ether in the next 24 hours and week, signaling additional upside potential. Litecoin, Binance Coin, Polygon and Uniswap should also benefit from this positive trading trend, ATTMO shows. Dogecoin, Avalanche and Polkadot face bearish clouds and downside risks over the next 24 hours but should profit from the bullish sun over the longer one-week horizon. The opposite is expected for Ripple’s XRP and Cardano, where there is upside potential in the short term and downside risks in a week’s time. Follow us for more crypto news and weather reports!Longby ATTMO114
ETH → Distribution continues?Based on the chart - we see that we are testing the global OB, where the new reversal formation came from Primary targets are highlighted with arrows on the chart. I do not consider any purchases - it is not expedient. There is also a lot of liquidity accumulated under the local OBs, we will not leave them!Shortby truepersonal5
Ethereum (ETHUSD): All Time High Ahead Ethereum successfully violated a key horizontal resistance on a daily. The next goal will be the ATH. I believe that the price will reach 4700 soon. ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader1114
ETHUSD-SELL strategy weekly chartFor the brave, weekly same as daily, is very overbought, but noting we have seen higher RSIs in the past at earlier run up. However, we are near GANN resistance, and also way above Keltner and regression channel suggests we should see large correction. Strategy SELL @ 3,800-3,850 or better and take profit @ 3,057. SL depends to risk appetite.Shortby peterbokma3
$ETH going to $4000?Currently, Ethereum is trading at the price of 3400 to 3500. It seems that one of two scenarios, yellow or green, will happen. If the daily candle closes below 3550 , the yellow trend will become more likely.by JaawaadUpdated 1113
Bullish month EthereumBullish month Ethereum? Trading at $3800 Stoch Rsi = Bullish Rsi = Neutral > Bullish Macd = Neutral > BullishLongby cryptotrader2700
Can ETH break its ATH before BTC does?It would be funny to see the BTC maxi's reaction if ETH breaks its ATH before BTC does. It is perfectly set up to do it with the deflationary token omics and the ETH ETF coming.Longby BGMind_Control1
ETHUSD-SELL strategy Daily chartAs I have mentioned a few timers, when RSIs are too extreme, dangers lies at the door step. ETHUSD corrected from 3,780s to a low of 3,205 in just a night. Imagine that, especially, the manipulative nature of a crypto. Now back to the drawing board. The stochastic is negative, and even though we correct 38.2% FIB retracement levels, we have not as yet settled near it. i feel we will see lower again, and therefore one should carefully sell again, assuming one has taken a short before and take profit somewhere that made sense. Strategy SELL @ $ 3,575-3,650 area (average it) and place SL if wished for @ $ 3,790 above. Profit order @ 3,275 for now. Shortby peterbokma223
ETH Trend Continuation Breakout TradeETH is in a strong uptrend. Buying a breakout above the previous high for a trend continuation trade. Trail stops as new pivot lows form. Note: BTC is reaching all time highs so could dump badly affecting this trade, monitor this closely and be prepared to close the trade, or keep stops moving up when we are in profit.Longby HolRizUpdated 117
$ETH Price Prediction 3/05/2024A strong push sends ETH to 3810 (adjusted) but results in a highly-volatile correction of $600. H1 lows held around 3210 but closes remained near 200EMA to bring price back above 3500. If this was an outlier we should expect to keep within the range of 3500/3520 and 3615 (3/04). With today coming to an end focus on closing above 3500 to maintain a bullish position. www.tradingview.comby CheddarBizcuitz118