Fake out confirmedLooks like ETH might be heading down after NFP and delay of rate cut. My prediction is at least going to touch 3500 if it doesn't hold then we might see an even deeper retest of the lower resistance. Just my own opinion tho don't shit on me.Shortby FrizzyTrades3
ETH - Maintaining TrendThis is amazing to see. With ETH's wick price action perfectly tested our trendline showing strong support is still at that level. This is a trendline we have been outlining in these previous posts: Therefore, ETH might have the power to now break the $4k level since we have successfully defended the buy level so far. Will keep this chart updated. by VIAQUANT3
a confirmed fake out4h candle claimed top resistant but failed to sustain. a fake out took the liquidity and now its heading down wards for liquidity grab for a final rally to 4k.Shortby FrizzyTrades2
Ethereum Upside to 5kPositive feedback loop in effect, from the price action. A higher probability of moving up to the next significant number of 5k, rather than back down to 3k.Longby linchy0055112
Still receiving support from the Bull !Hello traders, Ethusdt today still moves in a state of accumulation around US $ 3.777 when it needs to be close to a record high of US $ 4,000. The increase trend is still guaranteed with the support from EMA 34 to maintain the movement above. The decrease price channel has been completely broken and if the Ethusdt adjusted, the support level will be at 545 USDby Raz_TradingUpdated 8856
ETHUSDT BUY-STOP ORDER!!!!!!!ETH have been moving in a rising wedge without a breakout yet after sweeping liquidity now i have my price alert set waiting for a breakouts and retest to jump in on a buys to the buy side liquidity at 4,041.45 JOIN AND ENJOY...........Longby CAPTAINFX26
My interpretation of the superTrend indicatorHello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- I think the superTrend indicator is a good indicator for checking trends. Also, when the superTrend indicator shows a horizontal line, it can act as support and resistance, so I think it is an even better indicator. However, it is difficult to use it in trading by adding it to the chart. Therefore, I think it is one of the indicators that is not used much when actually trading. In my chart, it is used to construct the BW indicator, but this is the reason why it is not displayed near the actual price chart. The superTrend indicator creates a buy line and a sell line. When the buy line forms a horizontal line, it can be interpreted as a buying period if it shows support. On the other hand, when the sell line forms a horizontal line, it can be interpreted as a selling period if it shows resistance. However, when the buy line or sell line is created by breaking, it can be used as an opposite concept. Therefore, when the buy line -> sell line changes, it should be interpreted as a loss-cutting period. On the other hand, when the sell line -> buy line changes, it should be interpreted as an (aggressive) buying period. Therefore, when the lines intersect, you should draw a separate horizontal line and create a response strategy. As explained above, you can see that there are two ways to interpret the supperTrend indicator. Therefore, you should look at how the buy line or sell line is created. You should look at whether the buy line or sell line is connected by a line or created by intersecting each other, and create a response strategy accordingly. It is also better to use the superTrend indicator with other indicators rather than using it alone. In my chart, I recommend looking at it with the MS-Signal indicator (M-Signal on 1M, 1W, and 1D charts). The reason is that the superTrend indicator is also a trend indicator. If you use the MS-Signal indicator, you may wonder if you really need to use the superTrend indicator, but I think it is worth using because the superTrend indicator also has areas that play the role of support and resistance. Have a good time. Thank you. -------------------------------------------------- - Big picture It is expected that a full-scale uptrend will begin when it rises above 29K. The section that is expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 13401.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 ----------------- Educationby readCrypto3
$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
ETHUSDT-Bullish Wave is Coming...!Dear Traders, We are convening a discussion focused on #ETHUSDT The Bullish Pennant Pattern is Formed Now it's Ready to Break the Pattern In Case of Successful Breakout, Expecting a Bullish Move of 15-20%🚀😉 #crypto #cryptocurrency #bitcoin #ethereum #blockchain #btc #cryptotrading #cryptonews #eth #cryptocurrencies #nft #bitcoinnews #bitcoins #trading #bitcoinmining #forex #binance #cryptoart #nfts#trading #forex #trader #investing #stocks #forextrader #stockmarket #daytrader #forextrading #invest #bitcoin #daytrading #cryptocurrency #crypto #investor #investment #forexsignals #nse #chartpattern #cedarforex #candlepatterns #learntrading #bseinstitute #shorttermtrade #bankniftytrading #stockmarketph #calloptions #mqlsignal #futuretrader #tradingmemes #chartpatterns #tradingview #tradinglife #tradinglifestyle #tradingstrategy #tradingtips #tradingplan #tradingsignals #tradingaccounts #tradingsignal #tradingforex #tradingsync #tradingroom #litecoin #ethereum #bitcoincash #cryptocurrencies #ripple #btc #bitcoinnews #bitcoinmining #blockchain #eth #bitcoin #bitcoins #coinbase #cryptocurrency #crypto #bitcointrading #dogecoin CRYPTOCAP:BTC CRYPTOCAP:ETH CRYPTOCAP:USDT CRYPTOCAP:PEPE CRYPTOCAP:DOGE NASDAQ:ALT Longby annatradecharts4
BTC Short. We had a very aggressive green candle, which makes me believe they would want to recover this green vector, Once we reach tp1 we close 25% of the position. and set stoploss to entry. I don't expect it to reach till tp3. its about how it movesShortby betterkneww2
ETH Bullish Pennant | ETF approval confluence | Target: 2021 ATHNot Financial Advice TL;DR Bullish Pennant on BINANCE:ETHUSDT daily chart, upwards breakout target would be very close to 2021 ATH. SEC approval of VanEck ETF (final deadline on May 23) could be a major catalyst. A rare case of (potential) technical and fundamental confluence: ETH has been building a Bullish Pennant since the end of the Feb 5 - Mar 12 rally The retest of the multi-month support in place since October 2023 might signal that the bottom is in The final deadline for SEC's approval of VanEck's ETH ETF lines up almost perfectly with the convergence between the pennant's resistance and the multi-month support Interestingly enough, the target for an upwards breakout of the pennant around VanEck's approval deadline would be very close to the 2021 ATH Longby AliferCryptoUpdated 3310
New lesson learntSo this is a very good lesson for all of us, a confirmed break out needs at least one more strong green candle. In this case it obviously did not happen. Patients really pays off, NO FOMO!by FrizzyTrades1
ETHUSDT.1DThe daily chart for Ethereum (ETH) against USDT provides a detailed view of the price movements and key levels that could indicate potential future actions: Resistance Levels: R1 ($4,126.11): This level has been a recent high and could act as the first significant resistance. R2 ($4,371.66) and R3 ($4,752.50): These are the subsequent resistance levels that the price may encounter if it breaks past R1. R2 and R3 could serve as targets for taking profits if Ethereum enters a bullish phase. Support Levels: S1 ($3,301.24): This is the nearest support level where the price might find a floor if there's a pullback. S2 ($2,874.64) and S3 ($2,112.62): These lower supports may come into play if there is a significant downward trend or market correction. Current Market Position: The price of ETH is currently hovering near $3,771.07, positioning it above S1 but below R1. This suggests some consolidation between these levels. Technical Indicators: MACD (Moving Average Convergence Divergence): The MACD is close to zero with a slight bullish histogram, suggesting that there might be a buildup in bullish momentum, although the signal isn’t strong yet. RSI (Relative Strength Index) is at 66, which is moderately high but still below the overbought threshold of 70. This indicates that there might still be room for upward movement without immediate overbought concerns. Market Sentiment: The descending trendline from the peak in April to the present suggests that ETH has been under a bearish control but is now potentially trying to break this trend. A confirmed breakout above this trendline could signal a change in momentum to bullish. Trading Strategy: Bullish Scenario: Should ETH break above the descending trendline and R1, traders might consider long positions with targets at R2 and R3, setting stop losses just below R1. Bearish Scenario: If ETH fails to break the descending trendline and drops below S1, this could indicate a continuation of the bearish trend, with potential targets at S2 and S3. Traders might look to short ETH or exit long positions to minimize losses. Conclusion: Traders should monitor Ethereum’s reaction to the descending trendline closely. A breakout above this line and R1 could herald a new bullish phase targeting higher resistances. However, a failure to surpass these levels and a subsequent drop below S1 could extend the bearish sentiment. As always, market conditions, global economic factors, and news specific to Ethereum should be considered when making trading decisions.by MarsSignals1
#ETHUSDT | 1 HOUR TIMEFRAME UPDATE🔹#ETHUSDT | 1 HOUR TIMEFRAME UPDATE We can look for confirmation to open a LONG position in the range of $3836 - $3820 ✔️ The objective for this UPWARD movement is to achieve $3892 - $3922 - $3962 - $4005 🔼 Invalidation below $3782 ❌ Longby mrsignalllUpdated 3
ETHThe ETH trading setup appears favorable for a short position. The MACD indicator has shown a crossover, and with an appropriately sized stop loss, the setup offers a potential 1.5 times risk-to-reward ratio.Shortby XTradeSetup2
ETHUSDT IDEAHey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about ETH ETH Daily Time Frame 🔔 The Bullish Pennant Pattern Breakour has already Done✅ Retesting in process 💰 Expecting a Bullish Move of 15_20% 🚀Longby Ava_Cryptoo2
Eth short scalp ALL trading ideas have entry point + stop loss + take profit + Risk level. hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below. DisclaimerShortby bullstraders71
Ethereum USDT ... flag pattern Hello cryptocurrency traders.Ethereum has formed a flag pattern after a beautiful exit from the upward triangle, now it can grow to the size of a flag pole. Please trade based on your own analysis. Longby BaharmostofiUpdated 114
Ethereum (ETH) Weekly AnalysisCurrent Situation: Last week, Ethereum (ETH) moved sideways with a modest 1.5% price increase. Bulls made several attempts to push ETH above $3,900 but faced strong resistance. Key Resistance and Support Levels: Resistance Level: $4,000 Immediate Resistance: $3,900 Support Levels: $3,700 and $3,500 Price Action: Despite multiple attempts, ETH has been unable to break the $3,900 level, indicating that the $4,000 resistance will require more time to be surpassed. The sideways movement under this key resistance suggests that ETH is consolidating and preparing for a potential breakout. Trend Analysis: Bullish Outlook: The overall trend remains bullish. As long as the price continues to consolidate under $4,000, the asset has a good chance to eventually break this level and make new highs in 2024. Support Levels: If sellers push the price lower, strong support is found at $3,700 and further at $3,500. Looking Ahead: June Outlook: Another attempt to break the $4,000 resistance could occur in June, given the current bullish trend and consolidation pattern. Trade Strategy: For Bulls: Monitor for a breakout above $3,900 and $4,000 for potential long opportunities targeting new highs. For Bears: Watch the support levels at $3,700 and $3,500 for potential short opportunities if the price retraces. Stay informed and ready for potential movements in the Ethereum market. #Crypto #Ethereum #ETH #MarketAnalysis #SupportAndResistance #BullishTrend #PricePrediction #Cryptocurrency #BlockchainLongby Richtv_official1
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