🔥 Ethereum Bull-Flag Break Out!After months of bearish price action, Ethereum has finally broken out of a bull-flag pattern. The fact that we're up >10% on the break out is extremely bullish. I think this is the start of a prolonged bullish trend over the summer. First target placed at $5000.Longby FieryTrading27
ETHUSDT LONGIt shadowed and touched the area that I had already specified for correction, and the interesting thing is that it quickly went to the same place it was before. And now it is expected to continue its upward trend according to the analysis. If there is a change in the process and analysis, I will definitely update the analysis.Longby VistaMental113
$ETH bearish diverge continuesThe bearish divergence on #Ethusd #ethereum chart (both RSI and MACD divergence) i' ve been watching has not been invalidated yet. With the #eth ETF news today, all will be clear. Best to watch and avoid high leverage margin gamble. Not financial advice.by naphyse112
ETH ANALYSIS🔮 #ETH Analysis 💲💲 #ETH is trading in a Falling Wedge Pattern. If the price of #ETH breaks and sustain the higher price then will see a pump of around $4080 expecting almost 30% in coming days📈 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀 #ETH #Cryptocurrency #Support #Resistance #DYORLongby ZEUS_Market_Alerts113
ETH ETFs approved = sell the newsGuys I know what you're thinking which is probably "yeeeeah, ETH ETFs are finally approved, ETH to the moon" but as I said back when BTC ETFs got approved, this won't be the case, at least not right away! I expect a "sell the news" event because this is just another news after all! As you can see here (circled drop), the days who followed BTC approval price dropped around 17%, probably in this case it could be more. I suggest not to touch ETH now until the euphoric moment disappears and we see where we are headed. Good luckShortby Shotokhan113
Ethereum Parallel ChannelsEthereum parallel channel, the upper line is the top and the lower line is the bottom.by ZhongBenCong001113
ETH Market Update and Key Support LevelsCurrent Situation: Recent Price Action: ETH saw a massive wick yesterday, flushing out most longs that jumped in after the 20th of May. ETF News: The ETF news is bullish for crypto as a whole, but historically, such news has led to a temporary price drop. Historical Context: Past ETF Approval: Previous ETF approvals have resulted in a 20% dump on BTC and ETH, lasting around 10 to 12 days before prices began to gain traction again. Key Support Levels to Watch: $3,500: Major support level where buyers are likely to step in. $3,300: Another critical support level that could mark the bottom. $3,200: Strong support level, potentially marking the end of the correction. Strategy: Monitor Support Levels: Keep an eye on these support levels ($3,500, $3,300, and $3,200) as they may provide good entry points for long trades. Be Patient: Given the historical pattern, there might be a temporary dip before the market gains traction again. Risk Management: Set tight stop losses just below these support levels to manage downside risk effectively. Summary: ETH is experiencing a temporary pullback likely influenced by the recent ETF news. Key support levels at $3,500, $3,300, and $3,200 should be monitored closely as potential entry points for long trades. Historical patterns suggest a possible 10 to 12-day dip before the market resumes its upward trajectory.by Richtv_official112
short eth a quick scalp. using leverage. Using the supply level, building a short trade. relying on the fibs for a move to the 38. not suprised if there is a push up Shortby StayHungryStayFull112
ETH - Liq Hunt before ETF?ETH just had over an 8% liquidation hunt to the downside. The chart on the left shows the zoomed out daily (with our two important trendlines) and the chart on the right is a zoomed in 2H chart showcasing the firesale wick we just printed. This happened exactly as the clock struck 3:00 CT, so maybe it was news related, but I have not found anything yet. What I do find interesting is the wick went EXCATLY to our trendline to retest it as old resistance flipped into new support. This has been a trendline we have been watching and was outlined previously in this post. So far the selloff was eaten up very quickly and we are almost back to the same level where the dump started. Therefore, was this just a liquidation hunt to wipe out overleveraged longs before some sort of approval? by VIAQUANT112
POSSIBLE SELL TRADE ON ETHEREUM.Price might be looking to fill the imbalance resting below before further movement to the upside. DYOR!Shortby DUCO_111
ETHUSDT, growth after re-buy from 3711.Hi friend. There is situation when market show strong signal to purchase ETH. We have a big volume ~217K in the past and this volume is clear purchases. Difficult was to take this information from bears accumulation process. But now its clear to understand. We go upper to 4090. Follow me;) You can watch my previous idea (i thinking that bears accumulation was clear but there was black volume of purchases). Longby JinFlarkUpdated 111
ETHUSD ETH/TETHERUS FED will make more troublesFED will not cut the rates, more storm is coming.current condition short.A break below the wedge leading to deep south.a break baove the wedge revrse the tradeShortby DaveBrascoFX222
#ETH Leaving this chart here for tracking, lets see where we go in next few months, need the breakout similar to how we had on smaller one :PLongby Bromadic111
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 101036
$$$ ETHUSDT, GOING TO BREAK BULLISH PATTERN$$$Welcome, Trader. Welcome to our crypto community! 🚀We are delighted to welcome you, whether you are an experienced trader or new to cryptocurrency. We are willing to discuss #ETHUSDT💹. #ETHUSDT 🔥🚀. ___________ Update: Time Frame: 8 Hr ➡️ETHUSDT formed a falling wedge pattern, A possible bullish symbol. ➡️Waiting for a breakout to this pattern🚀. ➡️ Take a bullish turn from the major support area. ➡️ Waiting for retest confirmation. ➡️ We anticipate around 28% in the medium term. 👉✅.Longby CryptoAnalystHubUpdated 111
Long ETH Watch the chart and waiting up to 3815-20 If breaked you can long and if can't break it can be short pby naderonex220
ETFWhen the Bitcoin ETF was confirmed, Bitcoin corrected 20% and then rose 90% So we can expect Ethereum to correct up to 3190 and then go to 6110 Hoping for the best marketLongby aryanattar110
ETH trade idea updateEth has taken marked trendline liquidity and also sell side liquidity, So now lets pump it towards 4k$+.Longby Thebitcoin37110
Eth ready for $6k/ should we long now?Will be looking to long Eth from 3525$ 3380$ These levels have my interest to go long on Eth and Sl will at $3k or below it at 2950$ ●Long targets will be previous bull run ATH and $6k. ●Once Eth reaches these levels I'll be looking for confirmation in LTF.Longby Camouflage89110
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 BULL TRAPIm concern about about may be we are in Bull trap because this is how Head and shoulder build.may be we are going to make a head now. in BTC we made a reverse head and shoulder on weekly , we have left shouder and and head and also btc is about to make a shoulder which is downside . im feeling its a bull trap ( knows and head and shoulders head )Shortby HassanimtiazXYZ112
Check for support in the 2nd sectionHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETHUSDT 1M chart) The key is whether it can receive support near the Fibonacci ratio point of 0.618 (3548.07) and rise above the upper point of the HA-High indicator box on the 1M chart. If the price is maintained above the HA-High indicator, I think there is a high possibility of a full-fledged upward trend. Therefore, it is expected that a full-fledged upward trend will begin only when the price is maintained above the 3321.30 point, which is the HA-High indicator point on the 1M chart. If not, and it falls, you should check for support around 0.382 (2647.80). (1W chart) It has touched the psychological volume profile zone and is rising. The key is whether it can receive support in the 3503.68-3730.71 range and rise above 4093.92. If not, and it falls, you should check for support around 3025.27-3321.30. If the price maintains above 4093.92, it is expected to rise to around 4868.0. (1D chart) It should rise to the HA-High indicator box section (3570.0-4010.98) on the 1D chart. Accordingly, the key is whether it can receive support around 3570.0 and rise above 3903.61-4010.98. If the price is maintained above 3903.61-4010.98, a full-fledged upward trend is expected to begin. The 3025.27-3321.30 section is the HA-High indicator section of the 1M and 1W charts, so it is an important section. Since the price broke above this important zone with a sharp increase, if the price holds above 3025.27-3321.30, it is expected to renew the latest previous high. --------------------------------------------- (1D chart) Please refer to the HA-Low and HA-High indicators used to initiate trading and the BW indicator to verify them. We need to check if we can receive support around the current secondary range, that is, the 3570.0-3730.71 range. If you were unable to buy around 2817.0-3025.27, I think it would be a good idea to check for support in the 3903.61-4093.92 range and proceed with buying. The reason is that the HA-High indicator was created and a high point was formed. Therefore, the HA-High indicator point at 3903.61 can become a resistance point. From a day trading perspective, if support is confirmed around 3570.0, you can buy and sell around 3903.61. Have a good time. thank you -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched. #BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 ----------------- by readCryptoUpdated 10
✴️ Hope? Looking At Coinbase, Tesla, Nvidia, Ethereum & Bitcoin!The Nvidia stock looks scary, to say the least. Coinbase also looks pretty bad... Everything can change though on Monday and we get an amazing surprise and everything turns to full green. We see Tesla, Nvidia and Coinbase move from full-red, as bearish as it can get on the weekly and daily time frames, to mega-mage-green... Can you imagine? I mention these three stocks because they move in relation to the Cryptocurrency market. Each stock can be used as an individual indicator or chart signal. What you just read is called, "Hope!" This is not what we do here. The truth is that Ethereum is moving within a descending triangle, a strong bearish pattern. The truth is that support is being challenged more and more, see the triangles "support line" on the chart. The more this support level is challenged, the weaker it becomes. ➖ The main and critical support range right now sits at $2,800 - $2,900. ➖ $3,100 is another important level and this is the level that needs to be breached to the upside —as resistance— for the bullish bias to become active again. So, we are generally bearish based on recent price action (lower highs and lower lows). The current situation is neutral based on a consolidation pattern. The pattern is bearish but can always break to either side. In the neutral stage, we have support and resistance so that we can track and adapt to the market. 1) One, is the market potential. 2) Two, is the market trend/bias. 3) Three, is our projection. All three are different and should not be confused. 👉 If Ethereum's support line breaks, we can expect a test of $2,500 as well as the low $2Ks. Bitcoin and the others are in the same situation; What one does, the rest follows! Is this really the final break? Are we going to see a major crash on Monday/Tuesday, or is this the bottom of the correction and we start a new ultra-mega-bullish wave to new All-Time-Highs? Do you trade/buy/hold for long- or short-term? Let me know in the comments section below... Namaste.Shortby AlanSantanaUpdated 121250