ETH pullback? Eth appears to be at resistance and also I’m seeing some unusual amounts of eth being transferred to exchanges. Personally looking for price to move towards 2100-2500. THIS IS NOT FINANCIAL ADVICE Shortby SpaceCadetAcademy113
$ETH retest of low $2ks before higher?While Ethereum looks bullish over the longer term, price would need to break above the two lines of resistance for the chart to stay bullish. If price rejects here, we risk a double top which would send price back to the low $2000s. I'm leaning towards a rejection as the base case here as sentiment is pretty extreme to the bullish side. Let's see what happens over the coming weeks.Shortby benjihyam112
ETHUSD. Short-termShort-term targets are at $4168, if we see a price drop to $3517, the low of wave 4, this forecast will change. More discussions on cryptocurrencies in the closed channel. Longby Financial_Wave112
ETH TIME TO SELL?ETH chart looks like want to liquidate some longs. I think it's going to grab some liquidity from the buyers, and we will probably see something like the BTC ETF. Funds want to buy lower, and there's an FVG on H4 timeframe that should be filled (partially at least). Most of the retails will try to long that fvg, and the most beautiful scenario (always in my opinion) is not to long the fvg but to long the retest of the main trendline, that also fit with a strong support zone on higher timeframe. I placed a low risk short with stop at $4000 targeting half of the fvg (around 3250)Shortby CryptoForexGem113
ETH GARTLEY 2500 INCOMINGHere is an epic "potential" eth Gartley. Aiming for a late June/July bottomShortby Cerberus6222
ETH is primed upRecord low volatility after two years of accumulation, ETH is looking like a powder keg ready to explode. Longby GarsonUpdated 1110
ETH facing ☁️, downside risk for the next 24 hours The SEC approved the spot Ether ETF applications of eight asset managers overnight. Blackrock, Ark Invest, Van Eck and Hashdex are some of them. “We are so thrilled to confirm that the SEC has approved, pursuant to Section 19(b) of the Securities Exchange Act of 1934, our exchange partner CBOE’s proposed rule change to list and trade a @vaneck_us spot #Ethereum ETF on the CBOE!” said the Head of Digital Asset Research of one of the asset managers, Van Eck’s Matthew Sigel. The above-mentioned approval does not suffice for the listing of the spot ETFs. The asset managers now need to get their S-1 Form (the proper registration statement of the financial product) approved as well and this might take time. The price of Ether rose 0.5 percent to $3,740 over the past 24 hours. QCP, a crypto asset trading firm, forecasts that its price could rise to $6,000 as a result of this approval, Bitcoin.com reports. Mixed trading conditions and bearish clouds lie ahead for the global crypto market in the next 24 hours, Ether included. This signals downward pressure. Over a one-week horizon, the sun should break through and shine over it, indicating upside potential. Follow us for more crypto news and weather reports!Shortby ATTMO3310
Ethereum: Ready or Not? ⌛In the Ethereum Chart, our alternative scenario, which will be activated on a break above $4091, now carries a high probability of 42%. However, as long as the price remains below this level, we must continue to expect a descent into our green Target Zone (between $2807 and $1813) first.by MarketIntel112
Ethereum 15k+- i am far to be Elliot Wave expert and to be honest i am not a fan. - there's a lack of precision and EW can be extended. - Don't forget that the real name is " Elliot Wave THEORY ". - included a Fibo Analysis + Trend Analysis + famous bubbles. "The Elliott Wave Theory is a form of technical analysis that looks for recurrent long-term price patterns related to persistent changes in investor sentiment and psychology. The theory identifies impulse waves that set up a pattern and corrective waves that oppose the larger trend ". - Everything is in graphic as always. Happy Trading !Longby thecryerUpdated 131378
Etherum Alert Anticipation DOWN For Market Dynamics Shift!📈 ETH Analysis & Key Levels📊 Target point ( 3,640.0-3645.9) 🔹 Resistance Level's 1) ( 3,600.0-3,620.0 ) 🔹 Support levels' 1)( 3760.0-3765.0) ⚠️Deep Support ⚠️ 👉 Trading strategies: *Pullback trading"✔️Buyon dips Sell O Rallies ✔️ *Breakout Trading*🚀 Ride the momentum 🚀 🔰Risk management tips: Set Stop loss irfery🔴 Manage Postion sizes based on volatility. 📊Trade Safety & Happy tradingShortby MrCharlie1Updated 3345
Ethereum- Nice bullish chart structure indicates 5kLike BITSTAMP:BTCUSD and much of the crypto market, COINBASE:ETHUSD is also in a strong uptrend. A correction began in March and concluded at the beginning of May. After breaking out of the corrective falling wedge, the price rose again to the 4k zone, with a high likelihood of breaking above this important level at this moment If this occurs, I expect Ethereum to reach a new all-time high around 5k or even higher. I remain bullish as long as the price stays above 3.5k. Longby Mihai_Iacob8
ETHUSD: Technical rally is on the way to 13,500.Ethereum is on very balanced bullish technical levels on the 1W timeframe (RSI = 65.615, MACD = 296.600, ADX = 38.829) suggesting a healthy, sustainable uptrend. Just a few days after the ETF approval, ETH is breaking out of the March-April correction and in comparison with the previous Cycle, has completed step <7>. This is taking it out of the accumulation curve pattern and into the parabolic rally. As you can see the two Cycles have so far been similar and the expectation is that the trend will continue and the new Channel Up will take ETH to stage <8>. That is a top on the 1.618 Fibojnacci extension, which is at 13,500. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope7
Pulse of an Asset ala Fibonacci: ETH at a key Impulse Redux"Impulse" is a surge that creates "Ripples", like a pebble into water. "Impulse Redux" is returning of wave to the original source of energy. "Impulse Core" is the zone of maximum energy, in the Golden Pocket. Are the sellers still there? Enough to absorb the buying power? Reaction at Impulse is worth observing closely to gauge energy. Rejection is expected on at least first approach if not several. Part of my ongoing series to collect examples of my Methodology: (click links below) Chapter 1: Introduction and numerous Examples Chapter 2: Detailed views and Wave Analysis Chapter 3: The Dreaded 9.618: Murderer of Moves Chapter 4: Impulse Redux: Return to Birth place <= Current Example Chapter 5: Golden Growth: Parabolic Expansions Chapter 6: Give me a ping Vasili: one Ping only . . Ordered Chaos every Wave is born from Impulse, like a Pebble into Water. every Pebble bears its own Ripples, gilded of Ratio Golden. every Ripple behaves as its forerunner, setting the Pulse. each line Gains its Gravity. each line Tried and Tested. each line Poised to Reflect. every Asset Class behaves this way. every Time Frame displays its ripples. every Brain Chord rings these rhythms. He who Understands will be Humble. He who Grasps will observe the Order. He who Ignores will behold only Chaos. Ordered Chaos . . . want to Learn a little More? can you Spend a few Moments? click the Links under Related.Educationby EuroMotifUpdated 4412
ETHUSD - Continuation of the Bull RunAssuming the bull run continues a large W pattern can be created on an angle with the dotted yellow line being the middle of this large structure. Date ranges are very similar from the start of the bear market in each scenario to the end of the bull run. There is still bull moves to come in this market. Longby Bixley5
ETHEREUM Will an ETF approval cause a massive rally?Exactly a month ago (April 22, see chart below), we called for Ethereum's (ETHUSD) bottom and gave a medium-term buy signal: With the SEC facing deadlines on May 23 and May 24 to decide on spot Ethereum ETF applications by Vaneck and Ark Invest, we might be in front of a massive rally. Even from a technical point of view, the historic Cycle performance of Ethereum suggests that currently we might be getting off a similar consolidation to August - October 2020. Observe how the 1W RSI is making a bullish reversal after having pulled-back from a marginal Channel Up break-out. At the same time, the 1W LMACD is about to make the exact same Bullish Cross it did on the week of November 09 2020, when again it started to break above that consolidation. What followed these events back then was a massive rally that peaked marginally above the 1.5 Fibonacci extension level. As a result, we remain bullish long-term, expecting a strong rise until the end of the year, targeting $12000 (Fibonacci 1.5 ext). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot3342
Bullish UnlocksA day in crypto can be like a week in 'normal life'. Since we last wrote this column, the SEC all but approved an ETH ETF. A first major bill to regulate Crypto, known as FIT21, went through Congress with bi-partisan support. Republican Presidential Candidate Donald Trump started accepting donations in Cryptocurrency and publicly voiced support for the industry. President Biden's administration, concerned to be alienating pro-crypto voters for no obvious gain, quickly followed suit in altering its course. Industry insiders report that the hostility that the Crypto industry previously faced in Washington has reduced substantially in a matter of a week. Suddenly policymakers are looking for 'dialogue'. This has emerged most visibly with the approval of Exchange Traded Funds (ETFs) for Ethereum Spot. Until as late as last week, odds for an ETH ETF approval by the May deadline seemed exceedingly low. The SEC was instead looking to fight the Ethereum Foundation in court and claim that ETH is an unregistered security. But as political winds shifted, so did the SEC decision. The change of mind was clearly not priced in. Ethereum recorded what is known as a 'god candle' by gaining nearly 20% in a day. Before the ETF can actually start trading, another administrative formality will need to pass but providers such as BlackRock and van Eck look on track to launch trading for the product in the next weeks. In other major news, Mt. Gox, the OG Bitcoin exchange which was famously hacked in 2014 is starting to refund customers. Over the years, its bankruptcy administrators managed to recover large sums of stolen Bitcoin after much legal haggling. Mt. Gox transferred all of its 141 686 Bitcoins, valued at approximately $9.6 Billion, into new wallets to prepare for the repayment. The repayments need to happen by October 2024 at the latest. Unlike in the FTX bankruptcy, users will receive back actual Bitcoin. But with a 300x mark-up as the price grew substantially since 2014. Another group of users has also reason to celebrate. Gemini Earn was launched in 2021, and its users were able to lend crypto to the now bankrupt lender Genesis. Genesis declared bankruptcy after the collapse in 2022 of hedge fund Three Arrows Capital, and the exchange FTX. Retail lenders at Gemini Earn lost their funds. However, Genesis, which is part of the larger Digital Asset Group (DCG) has agreed in a court case to reimburse Gemini Earn's customers with $1.1 billion. Similarly to Mt. Gox, the $1.1 billion will be paid in kind in Bitcoin rather than US Dollars. Both events together could have an impact on the markets in this year. Assuming that at least some of the refunded customers will be looking to sell, billions in new supply could enter the market. This might be bad news. Anticipation of sell pressure has certainly contributed to keep enthusiasm in check. In reality, there are plenty of reasons to be optimistic. The concept of a 'Bullish Unlock' in crypto means that supply coming on the market could actually be a positive thing. Traders have known that the Mt. Gox funds will eventually enter the market. Similarly, the Winklevoss Twins, owners of Gemini Earn, always seemed likely to be able to claw back funds from DCG to refund their customers. If these supplies can be unlocked without driving the price down, it would serve as a very promising sign for the bull market. Meanwhile, the good news on the judicial and political front keep accumulating. And of course the ETH ETF approval could be a major demand driver. Interesting times lie ahead.Longby OGcoinrule4
ETHEREUM - Buy Fear Part 2ETH Appears to be bottoming at the 1:0.618 Golden Window. Notice that there are no candle bodies below the 0.786 overshoot ratio on higher time frames such as the day chart here. Similar to other coins we are buying, we have the bullish pattern with bullish RSI on the 4 hour chart. ETH can be a great buy in this area because we still await phase 2 on the Path To Altseason where Bitcoin Dominance leads. Also can be a great one to hold if there is another dump as it may have limited downside compared to other lower ranked As I said, if there is another dump, ETH like many other coins will likely not go too much lower without a bounce. In that bearish scenario it may drop below the low a little, but not too much. But right here it looks good for a bounce and Bitcoin is also at a key Fibonacci band. So this is very good risk / reward here. Buy fear 👍. Not advice Longby dRends35Updated 19
ETH, bull flag breakoutI expect ETH to reach ATH areas again as it broke out of a nice and clean bull flag. Also the lower inflation data is supporting the market in general and indices found strong support today.Longby KyreanUpdated 2
Ethusd potential play Looking at a nice inner range short that you can take to capture the sell side liquidity or potential swing further down as the previous idea that I have posted PAYtience pays Set that alert Be aware of post market spread at 4pm cst Shortby Onlypips4xUpdated 333
$ETHUSDNot financial advice. BITSTAMP:ETHUSD working its way up according to the Fibonacci levels. News aside it the ETF gets approved CRYPTOCAP:ETH won't be the only one to turn bullish but, in my opinion, all the altcoins and projects in the same ecosystem. Like and subscribe for more ideas. Thanks.by alex666666227