ETH breaking out of the triangleAfter a big pump, ETH is forming a triangle on 4H, I am waiting for the confirmation of the break to the upside, with a target of 3950$Longby RaulStejerean0
ETH - Ranges overview Here is a quick look at ETH. Not much happening in crypto lately in my opinion. If you've been in the crypto market for long enough and have experienced more than 1 halving and/or cycle you already know what's happening. We are simply in an accumulation phase and trading within 'tight' ranges on most assets until we 'breakout' either to the buyside or sellside. IF we hold the current HTF FVG (yellow box) expect ETH to continue higher towards 4000$ IF we fail to hold and close below 3700$ expect us to hunt the sellside liquidity resting around 3500$ No need to front run the market...let it come to you. Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.by Patrick27070
ETH - LongDetails on the chart. A thought/idea. Good strong resistance was broken and now lets see as BTC is doing higher highs, this might follow the trend too.Longby g_lallyUpdated 0
Ethereum ETH weekly large head and shoulders pattern channelEthereum ETH weekly large head and shoulders pattern channel, head and shoulders pattern white line: June 2021 is the left shoulder, June 2022 is the head and shoulders, and the right shoulder is expected to appear in 2024. It can be formed by falling back and stepping back to the price near June 2021. Pink channel line: It is the top price resistance line above the long line and also the short-term support line. The green channel line is the bottom price of the decline. There are three color lines. If any color line fails, the other two lines will be valid. It mainly depends on the direction of the white line, and the pink and green channels are auxiliary.by ZhongBenCong0011
$ETH #Ethereum Trading IdeaETH/USD (Ethereum) formed a potential bullish pennant pattern. Full send after a breakout. Need to break through that key level. After a breakout through that key level (resistance) my potential target would be $4637.23.Longby planfomo2
Ethereum (ETH)After huge pumps in crypto market we will have a little correction Ethereum price today is $1.6k with a 24-hour trading volume of 14.4 billion dollars on June we had a crazy Volume for eth and whales buys the dip which is a very good sign for eth price in future Eth under 1k is a most buy and 1k-2k is a dip for eth, as you can see in weekly time frame eth trys to make a W pattern an bulls try to back at 1900$ 2000, 2500, 3500 and 4500$ are the most important resistance for Eth and huge opportunity for scalper traders Longby moonyptoUpdated 6616
Ethereum | Sharks stockpile over $6 Billion in EthData from cryptocurrency analytics platform Santiment has revealed that so called ‘Shark’ addresses on the Ethereum blockchain have over the past year stockpiled over $6.2 billion worth of the second-largest digital currency by market capitalization.these addresses are defined as those holding between 10 and 10,000 ETH, or between $17,500 or $17.5 million worth of the cryptocurrency, and their supply has grown by 554,000 ETH in the past week, according to the platform’s data. Meanwhile, however, while ETH sharks have been accumulating heavily, whales on the network have “collectively dumped 9.4 million in the same timeframe.” These whales are defined as addresses holding between 10,000 and 10 million ETH, meaning from $17.5 million to $17.5 billion worth of the cryptocurrency. crypto forums are paying close attention to the various banking crises occurring globally. The company notes that “laws and policies going forward may have a dramatic impact on the trajectory of cryptocurrency”. Notably, Ethereum is set to undergo its highly-anticipated Shanghai-Capella upgrade, often referred to as Shapella, upgrade on April 12. The upgrade includes one key feature, with Ethereum Improvement Proposal, EIP 4895 will allow for withdrawals of staked Ether on the network, a functionality that wasn’t implemented when the network merged with the Beacon Chain and transitioned to a Proof-of-Stake consensus.the upgrade will also feature three other improvements aimed at optimizing gas costs for certain activities. The upgrade is set to take place on April 12 at epoch number 620,9536. Shapella is coming after multiple phases of public testing on three testnets, including Sepolia, Zhejiang, and Goerli. The upgrade was earlier this week deployed on the Goerli testnet as a final rehearsal ahead of the mainnet launch. The price of Ethereum is $1,820 today with a 24hour trading volume of 14 billion dollar. This represents a 5% price increase in the last 24 hours and a 27% price increase in the past 7 days next targets are 1830, 1840 and 1850$Longby moonyptoUpdated 4421
Thoughts on ETH and the upcoming ETFsI believe the spot ETFs are bullish for ETH long term. However, there is approximately 3 million ETH owned by Grayscale, which may be unwinded as the spot ETFs go live. I plotted the Grayscale ETH balances similar to how I plotted the spot BTC ETF balances. I forecasted that the spot BTC balances would stabilize around 300k, which I got by removing all active BTC purchases during the bull run. My thinking was that these active purchases may be due to a buy BTC, short perps-> redeem for GBTC after 6 months (which has a premium) -> dump GBTC, close perps trade. This trade was taken for ETHE as well. Unfortunately, the premium became a discount, people who took this arb trade in size lost a lot of money. You can see that Grayscale ETH and BTC stopped increasing as the GBTC and ETHE premiums became discounts, suggesting this may have been the case. My forecast ended up being correct, as the Grayscale balances declined from 600k to 300k, in which outflows began to slow significantly. The same method of forecasting reveals that there may be upwards of 2.4 million ETH that will be unwinded. If the ETH ETFs generate around 20% of the interest the spot BTC ETFs have gathered (which is based on calculating the Hong Kong and Canadian ETH ETF ratios, that is approximately 6+ billion USD of inflows into 9 billion dollars of outflows in the same period. Therefore, while I believe ETH will appreciate in USD terms, I prefer to long Bitcoin in terms of risk adjusted returns. Also, over a long time horizon, I believe ETH is more easily replaceable. This idea is still a long though. ETH is most likely going to go up as BTC goes up. Into the ETFs, it may outperform. I would not be shorting ETHBTC and I would not be shorting ETH. I will simply long BTC over ETH. (I unwinded by ETH long and used it to add to my BTC position)Longby r900000
$ETHChart definitely looks way more bullish then BTC Currently consolidating above support. To be honest not really got a clear read on this would be looking for maybe a move into $3,630's for a long. Its a chart I'd rather look at once a move has happened.by Ryn81110
Ethereum (ETH) Market Analysis🔍Ethereum (ETH) is the coin of the day, a project that stands out from other altcoins due to its significant market dominance and substantial capital investment in both its network and coin. Unlike many other altcoins, Ethereum is less dependent on Bitcoin, making it an interesting asset to analyze independently. 🔄Previous Analysis Recap In the previous analysis, it was suggested to enter a long position upon breaking 3798 with a target of 4063. After entering the position and reaching a risk-to-reward ratio of 2, I took partial profits and moved my stop loss to the entry point. The price did not move higher and eventually hit the stop loss at the entry point, resulting in a small profit due to the partial profit-taking. ⌛️4-Hour Timeframe Current Situation: After forming a low at 3652, the volume has significantly decreased. Given the weekend lull, market momentum has completely dissipated. The 99-period SMA is approaching, potentially acting as the last hope for bullish momentum to re-enter the market. 🔑Key Levels: Resistance: 3960 (first resistance), 4063 (key resistance) Support: 3652 (current low) ⚡️Indicators: RSI: Watch for a break above 54.46 for bullish momentum confirmation. 99-period SMA: Approaching price, may provide support or resistance. 📈Bullish Scenario Entry: Break above 3960. Target: Initial target at 4063. If 4063 is broken and price stabilizes above this level, a significant upward move could be expected, especially benefiting Ethereum ecosystem coins. Confirmation: RSI breaking above 54.46. Long Position Primary Trigger: Enter on a break above 3960. Secondary Trigger: Enter on a break and stabilization above 4063 for a stronger bullish confirmation. RSI Confirmation: Watch for a break above 54.46 to confirm bullish momentum. Note: Monitor the price action around 4063 carefully, as it is a crucial resistance level. 📉Bearish Scenario Entry: First trigger at 3719 (risky), main entry on a break below 3652. Target: Following a break below 3652, look for confirmation of bearish momentum with a break below 41.03 on the RSI. Short Position Primary Trigger: Break below 3652. Secondary Trigger: For a riskier entry, consider 3719, but the main focus should be on 3652. RSI Confirmation: A break below 41.03 would confirm bearish momentum. 📝Ethereum is currently in a consolidation phase with key support at 3652 and resistances at 3960 and 4063. The low volume suggests that a significant move could be imminent. Traders should watch for breaks of these critical levels to enter positions, with volume and RSI serving as additional confirmation indicators. Always keep an eye on market conditions and adjust positions accordingly. 🧠💼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 2. 🫶If you enjoyed this analysis and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.by itsparham96113
ETH wait for 3000 for buy/longCMP the price at eth is going side ways incase the price starts making lower low and lower high on daily time frame, then follow the structure and wait for change of trend at the zone of 3000 where we have a order block and we can if we see impulsive move towards it will be target for 4250Longby Jimmy_Rebello0
ETH Price The Ethereum (ETH) coin has picked strength and is on the verge to trigger a massive blast.Longby TheCoinRepublic4
Ethereum Let's go for Ethereum $4000 or Ethereum $3500!!? what do you think? We have HH and HL on the chart so far; In other words, we do not have confirmation for a downward trend (((currently))). The resistance range that we had on the price area of $3943 has also been completely consumed. As the resistance areas are consumed, the way to continue the upward trend is opened. Now, on the price chart, a compression movement has been formed in the 30-minute time frame; Provided that the price range of $3,628 is maintained, there is a high possibility that we will get out of this compression from above. But we have to be careful, the possibility of getting out of this compression from the bottom is not small. Especially since currently 68% of Ethereum holders are in profit.Longby BiTBingoUpdated 3
ETH in 4h time frameI imagine such a movement for Ethereum in the coming days. A side trend between prices of 3500 and 4900 dollars..by Arzgetrade1
ETHUSDT, falling after bulls distributedHi, In previous idea i mistake with bulls correction. After 4H timeframe was analyse its clear bearish tendention after big bulls volume was distributed. Bears target 3539 - strong 4H X-Lines level. Support me.Shortby JinFlarkUpdated 4
#ETH has a chance to form a bearish head and shoulders📊#ETH has a chance to form a bearish head and shoulders📉 🧠We have been consolidating within the target zone after achieving our daily long target. From a structural point of view, we have the opportunity to build a bearish head and shoulders structure. A break below the uptrend support line 1 increases the probability of a bearish head and shoulders. After breaking below inflection point 1, a bearish head and shoulders is established.✔️ 🔥If this bearish structure holds true, then the short target area we will first focus on is around 3321-3365🎯 Don’t forget risk management💯 ✔️Trade safe✔️ 🤜If you like my analysis, please like 💖and share it 👋follow me. Learn about further structural evolution💕 BINANCE:ETHUSDT.P Shortby wolf_king8889
Eth Pump soon $3900Waiting for Eth confirmation to long. Inverse head and shoulder 4hr 50 ema bounce Attempting 1hr - 4hr bullish trend shift Daily and weekly bullish Waiting for retest entry.Longby FilnftUpdated 115
ETH: Approaching SupportTrade setup : Price is in an Uptrend. Following a bullish breakout from a Descending Triangle pattern, price spiked up 25% and reached our near-term target of $4K. However, it got overbought (RSI ~ 70) and is pulling back on some profit taking. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break above $4K to signal continuation of uptrend, with +17% upside potential to its ATH of $4,700, or 2) pull back near $3,200 support for another swing trade entry in Uptrend with upside potential back to $4K. Learn to trade chart patterns in Lesson 8 and set Stop Loss levels in Lesson 9. Pattern : Price is Approaching Support , which is a level where it could pause or reverse its recent decline, at least temporarily. Support is often a level where price has bounced up in the past, or potentially prior Resistance level that was broken. (concept known as polarity). Once price breaks below support, it can move lower to the next support level. Learn to trade key levels in Lesson 7. Trend : Short-term trend is Up, Medium-term trend is Strong Up and Long-term trend is Up. Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $3,200.00, then $2,930.00. Nearest Resistance Zone is $4,000.00, then $4,800.00.Longby altFINS1
High probability of ATH breakEthereum on the monthly timeframe shows a strong engulfing candle, confirming the strength of the upward trend with its close. Ethereum has a key support level at $3500. This support level can serve as the starting point for a new upward leg towards the previous all-time high (ATH) after completing its pullback. From a technical analysis perspective, if the $3500 support level holds and bullish patterns continue, there is a high probability of breaking the previous ATH and continuing the upward trend.by MonoCoinSignal4
What do Ethereum fans think ? TM : 1hHello dear traders. You can see two areas on the chart, you can enter the position depending on the sale and buy area. And I made a serious decision to share the important areas of my personal strategy for free if supported. by itsbluemorpho1
ETH monthly bullishAs, new month starts as per monthly analysis. Engulfing candle pattern formed. It can come to test FIB gold zone in this month. but looks promising for long my idea wait for monthly breakout or wait for FIB testing zone. but I will go long after this two confirmation. top of last bull run tradeline breakout retest and after this engulfing is created. Let's wait for the best don't forget to go long. Longby MeghalTrivedi115
ETH/USDT 4HOUR CHART UYPDATE Hello friends, welcome to this ETH update from Crypto Sanders. ETH/USDT Brief Update Ethereum (ETH) is currently trading within a head and shoulders pattern on the 4-hour timeframe, as seen in the chart. Here are the key points: ETH is showing a head and shoulders formation, which typically signals a potential bearish reversal. Resistance and Support: Around $3,950 to $4,000 (highlighted by the left and right shoulders). Close to $3,640 (lower boundary of the pattern). A breakout above the right shoulder (~$3,850) could lead to further gains. A breakdown below the support level (~$3,640) would confirm the head and shoulders pattern, which signals a potential decline. Monitor the $3,850 resistance level for signs of a breakout. Keep an eye on a potential breakdown below $3,640 for bearish confirmation. Stay tuned for further updates and analysis! I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.Shortby CryptoSanders95636
ETH fighting against strong resistanceHello everyone, let's take a look at the ETH to USDT chart on a one-day time frame. As you can see, the price is currently bouncing off the downtrend line. Let's start by determining the support line and as you can see, the first support in the near future is $3,530, then you can see support at $3,250, and then we have a strong support zone from $3,046 to $2,796 Now let's move on to determining the resistance points. And here we must start by identifying a very strong resistance zone from $3,821 to $4,110, only when we manage to break out and positively test this zone, we can see a move towards the resistance at $4,917. Looking at the EMA Cross 50 and 200 indicator, they still indicate that the strong upward trend is maintained. There is still room for growth on the RSI indicator, while the STOCH indicator shows a move towards the upper limit, so you should be careful and take into account a possible recovery.by cryptodailyuk12