Etherium Trend AnalysisHi again everyone, this is my technical analysis about etherium price movement. in my chart above, etherium price already break the pattern and potencial the price will go up. Beware of fake pump guysLongby Ritz12_4
ETH correction will likely continue into early to mid MayComparison of ETH chart between the last halving and the upcoming halving The onset of bull-run is a bit earlier than the last bitcoin cycle. Currently we have entered a correction phase, and based on this Bollinger band and Ichimoku data, the correction will most likely continue through early to mid May. Longby songyie84111
ETHUSDT BREAKOUT AND PULLBACKEthereum has done a nice rally since our long entry taken with the double-bottom trade setup earlier. Now we witness a nice rally with a strong trend breakout. The price has followed a retracement/pullback back towards the trend line. We may experience a reversal from here back towards the previous highs held up at $3700 and $4000Longby ChampsMoneyConcepts3
ETH USDT ON BINANCE 4H TIMEFRAME TECHNICAL ANALYSISIn this technical analysis, I delve into the price action of Ethereum paired with USDT, utilizing various chart patterns and key support and resistance levels to inform potential trading strategies. Through meticulous observation, we identify the emergence of both a rising wedge pattern from a broader perspective and a more recent formation of a falling wedge pattern. With a focus on precision and professionalism, my analysis aims to provide valuable insights for traders navigating the Ethereum market. Chart Analysis: Upon examination of the Ethereum/USDT chart, a compelling rising wedge pattern emerges when viewed from a distance. This pattern signifies a gradual upward movement characterized by converging trend lines, suggesting a potential bearish reversal upon completion. However, upon closer scrutiny, we discern the formation of a falling wedge pattern within the broader rising wedge. Key Levels: Support Zone: My analysis identifies a new support zone materializing around $3500. This level is indicative of significant buying interest, representing a crucial area where bullish momentum could potentially gather strength. Resistance Zones: The immediate resistance zone is observed at $3700, delineating a point of contention between buyers and sellers. Beyond this, the subsequent resistance lies around the $4000 mark, marking a pivotal threshold for Ethereum’s price action. Predictive Analysis: Taking into account the technical formations and key levels identified, my prediction aligns with an anticipated uptrend in the Ethereum/USDT market. The convergence of the falling wedge pattern within the context of the broader rising wedge pattern suggests a potential bullish breakout. This sentiment is further reinforced by the establishment of a robust support zone at $3500, offering a solid foundation for upward price movement. Trading Strategy: Given my bullish outlook, I advocate for a long trade stance, reflecting confidence in Ethereum’s upward trajectory. Traders may consider initiating long positions, targeting potential entry points near the established support zone at $3500. Furthermore, prudent risk management strategies, such as setting stop-loss orders below key support levels, can help mitigate downside risks. In conclusion, my technical analysis of Ethereum/USDT underscores the presence of both a rising wedge pattern and a nested falling wedge pattern, signaling a potential bullish trend reversal. Longby elfabiiani1
ETHUSDT.PTF (Time Frame): 4H. Price closed above inducement liquidity and OB (Order Block). In this scenario, I expect price to push higher, at least to the level of 3938.15 and maybe higher. After reaching this level, the analysis must be updated.Longby arman_ariamanesh0
$ETH-Long IdeaEthereum broke through the swing high. Expecting a follow through in the price. Will be looking to take longs/buy at the marked bullish zones. A break below the swing low would invalidate the trade.Longby Just-Technicals1
📈Ethereum: Crucial Levels and Momentum Trends🔥🔍Today's analysis focuses on Ethereum in the 4-hour timeframe, specifically for futures trading. Taking an overview, we find Ethereum trapped within a range between 3235 and 3645, experiencing a false breakout from the upper boundary yesterday before reverting back into the range. 📊The volume of red candles has been increasing since yesterday, indicating current momentum favoring sellers. Presently, the price has reached the Point of Control (POC) on the fixed range volume profile, prompting scrutiny for potential reactions at this level. 📈For long positions, patience is advised until the price revisits 3645 and exhibits a response. This will help identify our main resistance level, and upon breaking it, entering a long position could be considered. 📉Regarding short positions, a break below the 3235 zone seems opportune. If you are a range trader, entering a short position after breaking the POC could lead to a target at the bottom of the range. 📝By incorporating these observations and strategies, traders can make informed decisions amidst Ethereum's current market conditions. 🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2by itsparham964
ETH - Perfect RetestHere is an update to our previous post: Currently we have seen ETH perfectly test our trendline of old resistance flipped into new support. Right now ETH is creating the perfect structure to begin a leg higher. CPI is tomorrow which will have a big impact on PA. Will continue to update these posts as price develops, but for right now structure is holding well. by VIAQUANT4
#ETH: Short update!#ETH UPDATE #Ethererum breaks this symmetrical triangle pattern and is currently retesting, if it retests the pattern successfully, then technically we can expect a 40% bounce from here as per the pattern. Stay tuned, I will keep updating as always.Longby CRYPTOMOJO_TA40
ETHUSDAccording to the waves analysis we can expect that price rise again to the green zone. follow me for more ideasLongby jalalnova3
HelenP. I After strong impulse up, Ethereum can fall to $3410Hi folks today I'm prepared for you Ethereum analytics. A not long time ago price declined to the resistance level, which coincided with the resistance zone, and soon broke this level. After this, ETH made a retest and in a short time declined to the support level, which coincided with the support zone and even lower, thereby breaking the 3235 level and reaching the trend line. Then price rebounded from this line and made impulse up, breaking the support level one more time, and started to trades in consolidation, where ETH at once made a correction. After correction, the price rose to the 3665 level, but at once rebounded and in a short time declined to the support level, breaking the trend line. Price some time traded near this level and then made a strong impulse up to the resistance zone, breaking the trend line, and resistance level and exiting from consolidation too. But a not long time ago Ethereum turned around and declined below the resistance level with the trend line, where at the moment it continued to trade near. For my mind, ETH will continue to decline, therefore I set my target at the 3410 level. If you like my analytics you may support me with your like/comment ❤️Shortby FirstNameHelen228
ETH: buy in liquidity zone📊Analysis by AhmadArz: 🔍Entry: 3500 🛑Stop Loss: 3325 🎯Take Profit: 3659-3885-3975 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!Longby ahmadarz116
ETHUSDT: Ethereum Potential Rise, Eyes Set on 3700Hi there, ETHUSDT has the potential to reach the demand zone and turn bullish up to 3700. The price is currently kept bearish by the 3355.73 lower high, for a bias of 3205.39. On the bullish side, 3548.96 is a potential resistance area; exercise caution there. If the price breaks 3059.03, it will invalidate the whole setup. It's a beautiful week, calm, I hope you have a great one... Happy Trading K.by KhiweUpdated 116
ETHUSDT. Looking for purchasesOn the daily timeframe we have a sideways market. The bearish vector 5-6 has been played out. The price has already interacted with the level of 3200. Priority is given to considering purchases, preferably from the zone between 3200 and 3400, with the initial target at 3722.Longby AlexeyWolfUpdated 2
ETHUSDT. Monitoring the seller's actions.Hello traders and investors! It's time to update the forecast. During the last review (22.03.2024), we observed a short vector 5-6 in the sideways trend on the daily timeframe. The target of the long vector 6-7 was 3722 (see the chart from the last review). Currently, the long vector 6-7 has reached this target. At the top, there is a seller's zone with a lower boundary of 3722 (red background). So far, we haven't seen any reaction from the seller in this zone. It is advisable to look for sales at the upper boundary of the sideways trend. However, for short positions, the first threat is the buyer's zone (blue color) with an upper boundary of 3505, which formed on the daily timeframe. There is a high probability that the buyer will reach the level of 3822. On the hourly timeframe, a sideways trend has formed with boundaries of 3727 and 3665. I am waiting for the price to interact with these boundaries. We can look for a trade opportunity based on the protection of these boundaries. For a more detailed explanation of how to read charts and consider different timeframes when looking for trades, you can refer to the article by AlexeyWolf2
Potential Long on ETHUSDTBINANCE:ETHUSDT breaks out of the H4 resistance @3643.71 area. A rejection of same zone upon retest will signify a good entry for a long position. Immediate targets will be at 4071 and the all time high @4857.68. This does not mean there may not be some deeper pull back, I will however be looking to buy the dips. A rejection of the previous resistance forming a new support will be my starting pointLongby Mbjoey2
ETH UPdateETH: Those green lines and arrows represent minor time frame Targets. They within much bigger time frame with Arrow Marks Where we supposed to take profits. But hey, profit is profit, isn't it, ah?))Longby sunmikee223
ETH The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. by IQgroups0
ETH - Attempting Breakout of 2 PatternsAlongside BTC, ETH is also attempting to breakout to the upside. ETH has formed 2 bullish patterns. The first is a symmetrical triangle (white trendlines). Currently, we have already seen a strong breakout above that trendline. Of course, we could see price retest that trendline as old resistance action as new support. Price has also formed a 'W" pattern (purple lines). Right now ETH is attempting to break the neckline. If successful, our measured move lines up perfectly with our last high around $4,100. by VIAQUANT1
as per past look promising to mefirst ladder should achieve by Thursday, side ways zone will might impact till Sunday evening and if second ladder achieve there is no stop till 4959 +- 50Longby MeghalTrivedi2
ETHUDSDT The Last HypeI say go from here. Looking at the lows, they look like the lows after BTC's first fall from the 64k peak. While everyone is waiting for the 62-63s, I say BTC will leave them behind.Longby moonironUpdated 229
ETHUSDT IDEAHello Trading view Family / Fellow Traders. I hope you have used and benifited from the previous analysis . In today trading session we are monitoring ETHUSDT for a buying opportunity, ETHUSDT UPDATE Bullish pennant Breakout has Already Done with a very solid candle in 4H time frame💥 Now,Ready for good bullish wave 🚀 🚀 maximum chance to gain +25 profit💰 in coming days 💯✅Longby ATradeSniper7