ETHUSDT is BullishIt seems that bulls have won the control of price action back from the bears as the price successfully printed a higher low, and is now ready to break previous higher high. A bullish rally is on the cards which could easily catapult price to 5k. Targets are mentioned on the chart. Longby Fahad-Rafique2
Ethereum Price Analysis: May 27, 2024The price of Ethereum (ETH/USDT) has been showing significant bullish momentum over the past few days. In this analysis, we will review the recent price action, identify key support and resistance levels, and discuss potential future scenarios for Ethereum. Recent Price Action Since our last update, Ethereum has seen a strong upward movement, breaking through several resistance levels. The price action has been characterized by higher highs and higher lows, indicating a bullish trend. The recent push has brought Ethereum close to the resistance level at 3949.29 USDT. Key Levels to Watch Resistance Levels: - 3949.29 USDT : This is the immediate resistance level. A break above this level could signal further bullish momentum towards the next major resistance. - 4000.00 USDT : A psychological level and also a significant resistance. Support Levels: - 3841.54 USDT : The nearest support level. Holding above this level is crucial for maintaining the current bullish trend. - 3779.43 USDT : Another key support level that could provide a safety net in case of a pullback. Market Commentary Ethereum has been trading in a bullish pattern, consistently making higher highs. The current resistance at 3949.29 USDT is a critical level to watch. If Ethereum can break through this resistance, we could see a rally towards the 4000.00 USDT mark, which is a major psychological barrier. On the downside, maintaining support at 3841.54 USDT is essential to prevent a reversal of the trend. Traders should keep an eye on these key levels and watch for any significant price action that could indicate the next move for Ethereum. The bullish momentum seems strong, but caution is advised as the market approaches significant resistance levels. by TrendSurfersSignals0
ETH: Approaching ResistanceTrade setup : Price is in an Uptrend. Following a bullish breakout from a Descending Triangle pattern, price spiked up 25%, broke above $3,700 resistance and is approaching our near-term target of $4K. It's a bit overbought (RSI ~ 70). 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 $3,750 key level 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 Resistance , which is a level where it could pause or reverse its recent advance, at least temporarily. Resistance is often a level where price got rejected in the past, or potentially prior Support level that was broken. (concept known as polarity). Once price breaks above resistance, it can advance higher to the next resistance level. Learn to trade key levels in Lesson 7. Trend : Short-term trend is Strong 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 Overbought currently, based on RSI-14 levels (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 altFINS2
ETH LONG TERM IDEAHello, We have exciting news and insights to share with you! With the potential approval of the Ethereum Spot ETF, we foresee significant movements in Ethereum’s price over the long term. Our detailed analysis and forecast are illustrated in the attached chart, providing you with a clear vision of what might be ahead. Ethereum Long-Term Price Outlook Current Situation: As of now, Ethereum is trading around the $3,900 mark. The market has shown resilience, and with the anticipation of the Ethereum Spot ETF approval, we expect significant bullish momentum. Key Levels to Watch: Based on our analysis, here are the critical price levels to keep an eye on: • $4,396.48: This is our first major resistance level. Breaking through this could set the stage for further upward movement. • $4,819.93: The next resistance level, which could be a crucial point for Ethereum’s medium-term growth. • $5,374.45: Breaking past this level could signify strong bullish sentiment, potentially driving prices even higher. • $6,070.12: This level represents a significant milestone, indicating a strong upward trend. • $6,443.16: Our long-term target, which we believe Ethereum could reach following the positive momentum from the ETF approval. Technical Insights: The attached chart shows Ethereum’s price action and key resistance levels. The descending trendline that Ethereum has been facing is a critical barrier. Breaking through this trendline with strong volume and support from the ETF news could propel Ethereum to new heights. Why This Matters: 1. Institutional Adoption: The approval of the Ethereum Spot ETF would signal increased institutional interest and confidence in Ethereum, likely driving more investment and adoption. 2. Market Sentiment: A positive decision from the SEC can boost overall market sentiment, not just for Ethereum but for the entire crypto market. 3. Long-Term Growth: With increased institutional participation, we could see sustained growth and stability in Ethereum’s price, making it a valuable addition to any investment portfolio. We recommend keeping a close watch on the market and these key levels. As always, our team at CryptoSignalAPP is here to provide you with the latest insights and updates to help you navigate the crypto market effectively. Stay ahead of the curve and make informed decisions with CryptoSignalAPP! Best regardsLongby CryptoSignalAPP0
ETH trade idea updateEth has taken marked trendline liquidity and also sell side liquidity, So now lets pump it towards 4k$+.Longby Thebitcoin37Updated 113
What if it was all the liquidation trap I don't know what's gonna be happen but ya what will happen will be happening soon. It's the moment that it will go up or it will turn round. No guess what's gonna happen 🤪 by yashkakadiya1652
SHORT #ETHUSDT Keep an eye on the activity!SHORT #ETHUSDT from $3 888 stop loss $3 927 15m TF. The asset has reached the second resistance, which is confirmed by volumes. And removed liquidity from the 3909 level. Usually, such events are followed by local termination of the level and correction. The scale of the correction depends on each specific level and timeframe. In the case of the third approach, a breakdown of 3888 is likely in order to remove liquidity from the level of the beginning of the 3818 impulse. We have a bull market and a trend. You can filter the signals, counter trend. Keep an eye on the activity! Shortby CScalp_EN115
ETHUSDT During this period Ethereum progressed according to my analysis I see a divergence in this range and the possibility that Ethereum will have a slight correction to the point I specified and continue its upward movement. I will update the chart if I see any changes. Let's see what happensLongby VistaMental2
ETHUSDT1. ETH initial first big target will be $6000. 2. Have formed a huge cup and handle on the weekly now. 3. This is just the first big target from measured move from the bottom to top of cup and handle. 4. I eventually expect ETH to reach $9000-$10,000 this cycle.Longby PistolPeteno15
#ETH #Ethereum 26/05/2024We stayed above the blue line and next target is red box. Breaking above this could lead to reaching 4188. Conversely, failing to surpass the red box may result in a pullback. Also, the large gap below is created by the breakout candle.by GambittsVan1
Wait for Correction!DO NOT FORGET USING A STOP LOSS Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position. I hope you are always profitable Longby Nima_aj1
ETH - Short Details I have shorted ETH from the current price of 3,860 suspecting a substantial drop - aligned with my recent Bitcoin ideas - prior to the forex market beginning the week. DXY is showing a bearish breakdown on the one month - leading the way of a lengthy extended bull market. I suspect that prior to this upside, BTC and ETH will be liquidating out long positions and dropping substantially. Shortby DickDandy111
ETH with bullish divergence on the 4hr time framelooks bullish if price breaks below $3659 price may retrace to $2800 bullish divergence is currently playing out due to market cap 2nd target may take several weeks not financial advise Longby TradeIntuition2
eth → a little bit downward and the an upward movementhello guys... Ethereum has formed a knife-down pattern so we can anticipate a downward movement toward 2942$ level. but as I published before the main trend is bullish in the ethusdt coin. ___________________________ ✓✓✓ always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and commentLongby melikatrader94Updated 111140
Ethereum in Bull FlagEthereum in Bull Flag You can clearly see Ethereum is in a bull flag and with the dump yesterday, the price has retested the support of the flag.by ImThourUpdated 116
ETHUSDT, Important update leaksWelcome, Trader. Welcome to our cryptocurrency community! 🚀We are delighted to welcome you, whether you are an experienced trader or a newcomer to cryptocurrency. We are ready to discuss #ETHUSDT💹. #ETHUSDT 🔥🚀. Update: Time frame: 8hr ➡️ ETHUSDT created a symmetrical triangle pattern and break it towards upside. ➡️ Breakout confirmation is done successfully. ➡️ Waiting for a retest confirmation. ➡️ We anticipate approximately 15% for the soon. 👉✅.Longby CryptoAnalystHubUpdated 115
📉 ETH Short Setup📉 There Is a Head And Shoulder Formed At The Chart And Also We Have a Clear Rising Wedge At Lower Time Frame At 3810$ As a Right Shoulder PRZ, Here Is a Good Place To Open a Scalp Short Position By The Small Stop Loss Toward a 3510$ Target Shortby Bullish_Traders4
I'm out of my mind and waiting for ETH at 10k+.....I will briefly explain why I think so... I study wave analysis of charts and usually triangles are formed in the last phase before a bear market (global) on ethereum, this is exactly the figure, add to this that I expect an alt season and a flow of dominance below the 40% minimum. If you look at the BTC/eth chart, there will also be this triangle, which gives me an idea of possible movementsLongby MyTechNAz1
ETHUSDT IDEARisk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you. Good luck!Longby BeryllusCryptoUpdated 3
ETHUSDT: Price is rose from $2800 to $3700, Wait for Correction!ETHUSDT, rose from our first entry at 2800$ to $3700, however, price rose rapidly and left gap. Which is why we think price will make strong correction and fill the area. We can expect the strong rebound from our area towards $4700. **If you like our ideas then please like, comment and follow for more** Team SetupsFX_Longby Setupsfx_222230
Ethereum Big pump is coming!Ethereum Big pump is coming! open interest incresed by 20% which indicated big move on this coin that's why i think big pump can happen with our team we took a trade at $2980 area I think price can rise toward $3300 - $3400 area Long01:56by Yuriy_BishkoUpdated 24
Ethereum - HOW to trade ETF approvalEthereum - HOW to trade ETF approval I shared with you idea here to take LONG when price was below $3000 I think if they approve ETF - additional rise would happen BUT IF there would be NO ETF approval BIG SL HUNT happens)))03:16by Yuriy_BishkoUpdated 15