ethusdAfter the completion of the monthly pattern, it entered correction. I expect the fall to continue in the range of $2815-2541.Shortby eduecrypto0-citex2
ETH Ethereum Selloff Price TargetIf you haven`t sold the top on ETH Ethereum: After analyzing the chart patterns, I would define the revised buy zone as ranging from $2170 to $2370, as illustrated in the chart.Shortby TopgOptions6
Ethereum Scalping Zones 5/1Upside Targets: * 2987/3015/3052 Downside Targets: *2898/2863/2795 Daily Trend Tracker - *Bitcoin- DXY+ VIX+ US10Y+by QuantumEdgeAnalytics0
ETH WEEKLY CLOUD SUPPORTOut of sheer boredom, I clicked on my old favorite indicator, the Ichimoku Cloud. Without going into too much detail on how it works. I can say that those who use this strategy should be salivating at ETH at the moment. The flat cloud top (kumo) is considered strong support - this is the third test. The brown line, or Kijun, is also viewed as a support level for an entry. Interesting...Longby ScottMelker3
✴️ Ethereum 10X SHORT (400% Potential)Here the leverage can now be increased. It doesn't matter if you entered before or after the peak, if you are doing it short or long-term; this is easy profits. Ethereum seems to be headed lower based on chart signals and lots of data we looked at in previous weeks. The correction might end up being boring... I think nobody is going to like seeing the market red, so we will have to detach, go away and comeback when we are ready for the next bullish wave. The interesting part though will be to find out if the correction low will come in after three months or two weeks... We can only wait and see. This chart is showing bearish potential. Namaste.Shortby AlanSantanaUpdated 121254
ETHUSDT UPDATE#ETHUSDT Dear Valued Traders, we hope this communication finds you well. Today, we are convening a discussion focused on ETHUSDT ETH is struggling on the major support in the HTF, where we can a short retest before going downward. Soon, We will see a bullish wave , that can gives us up to minimum of 10% move before going down.Longby annatradecharts113
Hong Kong ETF, Ethereum Analysis, EIP 3074🟣 Today, let's delve into the latest developments in the Ethereum BINANCE:ETHUSDT market landscape. Here's what you need to know: Ethereum's Price Analysis: Ethereum has been in decline since mid-March, with its price developing a Downward Channel pattern. Consolidation periods compressed in Rising Wedges within this pattern suggest a continuation setup that might trigger more selloffs in the coming week. Our analyst eyeing the $2675 support level, where the next bottoming phase could occur, driven by bullish expectations for the broader crypto market. Hong Kong ETF Debut: The launch of spot Bitcoin and Ethereum exchange-traded funds (ETFs) in Hong Kong garnered attention, but initial trading volumes fell short of expectations compared to the United States. While the debut of these ETFs represents a significant milestone for the crypto market in Hong Kong, challenges remain in matching the trading volumes witnessed in other jurisdictions. Despite the subdued start, investor interest in crypto ETFs remains a key area to watch, reflecting evolving market dynamics and regulatory considerations. Ethereum Improvement Proposal (EIP) 3074: Ethereum's recent developers call highlighted discussions around EIP 3074, a proposal aimed at enhancing crypto wallets' functionality. This proposal enables regular wallets to function like smart contracts, potentially reducing transaction costs for users. However, developers remain divided on its implementation, citing concerns about complexity and security risks. As discussions progress, the impact of EIP 3074 on Ethereum's ecosystem and price trajectory should be closely monitored by investors. Stay tuned for further updates and insights Shortby VestindaUpdated 115
ETH is Pointing Down For a Bigger Correction - UpdateETH is Pointing Down For a Bigger Correction - Update ETH broke out of a strong bearish pattern thus indicating a bigger bearish wave. ETH moved back again and now is testing a strong resistance zone as I explained on the previous analysis. If ETH breaks down of 3070 the chances are that it can continue moving down more as shown in the chart. 3280 already reacted as a strong resistance zone. You may find more details in the chart! Thank you and Good Luck!Shortby KlejdiCuniUpdated 3317
Ethereum(ETH): Fakout Near 200EMAEthereum looks interesting after that breakout from the local resistance zone and EMA 200. We are not looking for the current market price zone where we see last resistances to be broken and prices moving slowly to lower zones. We have three potential market zones that can be addressed if we see more red candles today (Monday)! Swallow Team Shortby SwallowPremiumUpdated 224
Time to load up ETH longsETH/USDT has entered weekly fibs zone. With HK ETHETF, asian insto's money might trigger a push on eth. Locking in buy limits at 3032, all the way to 4092Longby lesnermj2
BOTTOM IS NEAR. MAX BIDDING SOONMy thesis this time is KISS: KEEP IT SIMPLE & STUPID. The monthly fib ret suggests that 50% retracement from the uponly szn at about 2812 and usually for htf support at the 50 level is quite impenetrable (fingers crossed). Expect to front run the bid around daily DB area around 2820-2850 level if you want to MAX BID. DYOR. NFA.Longby curiousFinance10631110
ETHUSDT.1DThe daily chart for Ethereum (ETH/USDT) depicts a descending trendline, highlighting a pattern of lower highs, indicating a downward pressure in the market. Ethereum's current price is $2979.55, facing resistance (R1) at $4126.11, which is a significant jump from the current levels, suggesting R1 might not be an immediate concern. More relevant is the immediate support level (S1) at $2858.79. If Ethereum breaks this support, the next level to watch is $2112.62 (S2). The price pattern suggests that Ethereum could be consolidating within this range before making a more significant move. The RSI is near the lower boundary of the neutral range at 38.68, indicating that the asset is nearing oversold conditions. This could potentially lead to a buying opportunity if the asset shows signs of stabilization or a reversal pattern. The MACD is below the signal line but seems to be converging towards it, suggesting that the downward momentum might be slowing down. Traders might consider watching for a bounce off S1 as a potential entry point for a long position with a close stop loss below this level. If the price breaks below S1, it could indicate further declines, and traders might look for short opportunities targeting S2. Conversely, if there is a reversal and a breakout above the descending trendline, it could signal a change in the downward trend, potentially targeting higher resistance levels. by MarsSignals4
ETH/USDT SHORT TERM BOUNCE EXPECTED!!Hello everyone! If you enjoy this content, please consider giving it a like and following for more updates. Welcome to your ETH/USDT Quick Update! Ethereum is currently trading around $3k level. The price is holding good support here and expecting a bounce from here up to the $3300 level. Invalidation of this bullish scenario is if the price closes below the $2900 level. Share your views in the comment section. Thank You! ILongby CoreCrypto1224
ETHUSDT: A big move in making! Dear Traders, First small bullish correction and then drop towards $2500 region, which will remain a key area for most of the institutional sellers. We also need to have different bias, where price may not make any corrections and just continue dropping from current area. Good Luck and Trade Safe. Shortby Setupsfx_Updated 191929
ETHUSDT: Targeting $2500| SetupsFX_|Dear Traders, Price have rejected earlier than we analysed in our last idea on ETHUSDT, however, the bias remain the same. We are still looking at the area of $2600 and if is possible then we can also target the lowest which will be $2400. The price have shown us a strong bearish momentum, and due to that reason only, we believe price is continue to drop in upcoming time. Good luck and trade safe. Shortby Setupsfx_Updated 116
Short Ethereum (ETH)I've conducted a detailed analysis of Ethereum's historical corrections and are using that information to anticipate a potential correction in the current bull run. Given the bearish divergence on the daily timeframe and Ethereum's historical correction patterns,I anticipate a correction ranging from 50% to 80%, considering rational and worst-case scenarios. Trade Idea: Short Ethereum (ETH) Analysis: Bearish Divergence: The presence of bearish divergence on the daily timeframe suggests a potential weakening of bullish momentum, which could lead to a correction in Ethereum's price. Historical Corrections: Based on my analysis of previous bull runs, Ethereum has experienced corrections ranging from 60% to 93%. Considering these historical patterns, I anticipate a correction ranging from 50% to 80% in the current bull run. Trade Setup: Entry: Wait for confirmation of the downtrend by observing a break below key support levels or a bearish continuation pattern on lower timeframes. Alternatively, you can use a sell stop order to enter the trade once the price breaches a significant support level. Stop-loss: Set the stop-loss order above the recent swing high or a key resistance level to limit potential losses if the price unexpectedly reverses. Adjust the stop-loss level based on the volatility of Ethereum and your risk tolerance. Take-profit: Determine multiple take-profit targets based on key support levels, Fibonacci retracement levels, or a favorable risk-reward ratio. Consider scaling out of the position as the price approaches each target to lock in profits. Risk Management: Position Size: Calculate your position size based on your risk tolerance and the potential range of the correction. Ensure that you only risk a predetermined percentage of your trading capital per trade. Risk-Reward Ratio: Aim for a risk-reward ratio that aligns with your trading strategy and risk appetite. Given the potential for a significant correction, prioritize trades with favorable risk-reward ratios. Conclusion: With bearish divergence on the daily timeframe and historical precedent suggesting potential corrections ranging from 50% to 80%, a short position on Ethereum presents a compelling trading opportunity. However, always conduct thorough analysis, practice proper risk management, and remain vigilant for any unexpected market developments.Shortby MAAwan2
ETHUSDT 30% fall target hit wait for more -30%As we said before we were looking for this dump from 4100$: now we are looking for more range and then dump after that to the targets like 2200$ and 2000$. DISCLAIMER: ((trade based on your own decision)) <Shortby MMBTtrader115
Lingrid | ETHUSDT bounced off the Strong RESISTANCE zoneBINANCE:ETHUSDT made a false breakout of the resistance at 3300. It failed to set new higher highs. Overall, the market is bearish on the 4H timeframe. I think the market will break through the upward channel, then move downward to the key level at 3000. The price action created an equal low, and it potentially might retest the lows or even go lower. I expect the price to break through the channel because the market bounced off the strong resistance level. My goal is the support level at 3050.00 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Shortby LingridUpdated 119
BTC is dragging down, what's next for ETHHello everyone, let's look at the 4H ETH to USDT chart as we can see that the price is moving in a downtrend channel where we could see a bottom breakout from the local uptrend channel. And here the decline itself after leaving the rising channel, reached the 0.318FIB level at the price of $3020, which has just been broken, then there is strong support around $2805, then $2657, and then right at the lower border of the downtrend channel the support level of $2475 . Looking the other way, when the price starts to change the direction of movement, resistance is visible at the level of $3160, then the levels of $3270, $3356, $3468 are important, which is already above the upper limit of the downward trend channel, thanks to which the price will be able to increase to the area $3,770. Looking at the RSI indicator, you can see how energy is being collected and here we are approaching the lower limit, which can affect the trend and reverse it, also the STOCH indicator shows how the energy in the downward movement is exhausted, which may result in maintaining the price or an attempt to change the trend when BTC maintains the price .by cryptodailyuk6
$ETH 4H tf long setup expectationsAs the price getting closer to the 4H demand zone, I will look for more developments in 15m tf to catch some long setups.Longby alplailaUpdated 5
ETH/USD Chart Pattern, show downwardThe red line on the "Range Volume Profile" indicates a significant level. If the price falls below this line, we could see the ETH price decline to around 2,700-2,800 USD as the first target. And if the market keeps going down price will head to 2,400 USD as the second target although reaching this level is not guaranteed. Shortby My_yvnv117
ETHUSDT Elliott Wave and Historical PerspectiveFrom my point of view, Ethereum is experiencing a Mega Elliott Wave like the one that occurred from October 2000 to June 2002, with almost perfect time symmetry. If so, we are at the beginning of wave 3, the price could reach 4200, and the 200-day support line will not be broken before the formation of wave 4. Ethereum recorded a 6-year uptrend channel breakout in February 2021 and February 2024. Please note that the wave is drawn schematically and its purpose is not to accurately predict future prices.by bitvand446