Ethereum x SolanaThe pattern formed on the CRYPTOCAP:SOL daily chart is being loaded for CRYPTOCAP:ETH 📈
ETHEREUM trade ideas
Potential c&h on ETHUSD would have a target around 7kFor now this is just a speculative cup and handle pattern, plenty of them have gotten to this level and even completed the handle with a candle or two above the rimline of the cup and still ended up falling and eventually being nullified, so there’s no absolute guarantee this will play out this way. However, as it seems we may be now entering phase 2 of the bull markets uptrends, It is certainly probable this could very well play out just like this. The channel ether is just now breaking up from that I posted a chart on the other day(which. Will link below) has a big enough breakout target/measured move that it should bring price action up above the rimline of its bigger cup and handle pattern here. We will see soon enough I’m sure. Only thing I see prolonging such an outcome would be some sort of unforeseen black swan. *not financial advice*
ETHUSDA possible bearish triangle was recently invalidated. The structure is then most likely a series of 1-2 fractals that will unfold into an extended impulse.
Time to moon, ethereum has bottomed outI've been following Benjamin Cowen for 3 years and damn gotta say it: the guy is a genius. However, I don't think Ethereum is hitting 1.2k as he suggests. If Donald Trump wins tonight, Doge will skyrocket as Bitcoin dominance has already peaked at 60%. Just today, someone bought more than 1 billion doge coins on Binance. It's getting crazy.
With that said, I think that even though we're still around 60 days away from the restart of QE and the business as usual following the 259 day after bitcoin halving official start of Altseason date, this cycle could get front run and anticipated as people seek first mover's advantage. Better to not wait till the last minute. Everything is highly anticipated this cycle, from Bitcoin reaching previous all time highs and staying up there for 7 months straight to the crazy volatile election day today.
If you want to try to accumulate here, good luck with that and yes, do wait until Thursday to see what the Fed is up to, otherwise it's a good idea to start hedging here or you'll risk getting sidelined and missing the upcoming 2025 all star season, specially now that ETFS for Ethereum are live.
Ethereum Next Move To $3,600 In Short-term✅After over three months of accumulation within the price range of $2300 to $2700, Ethereum is showing signs of an upward trend, potentially driven by recent positive news such as President Donald Trump’s re-election to a second term and the Federal Reserve’s announcement of a 0.25% interest rate cut in November.
✅We expect the weekly candle to close above the $2800 level to confirm a steady upward movement for this altcoin, which holds the second-largest market capitalization. Ethereum holders have waited a long time for the day when Ethereum could break its all-time high (ATH). My short-term target is $3600 between now and the end of the year. Best of luck to my friends.
ETHUSD price action poking above descending channelFirst breach of the top trendline of the descending channel here by the price action. We all know that price will often times dip back into a chart pattern after the ntial break above it so as of now we can’t yet say this validates the breakout of this pattern. Even though it’s more common patterns dont official validate their breakouts until the 2nd 3rd or 4th breach of a toot rendline, there are plenty of examples of patterns that have confirmed their breakout on the 1st breach of the top trendline as well so it’s wise to be prepared for either possbliity. Think a good indicator of it confirming the breakout will be once the 200ma gets flipped to sold support. The 200ma is current wick resistance. *not financial advice*
#ETHUSD 1DAYETHUSD Daily Analysis
The ETHUSD pair has broken above a key trendline resistance on the daily chart, signaling a shift toward bullish momentum. This breakout suggests buyers are gaining control, but waiting for a retest of the trendline-turned-support could provide a more secure entry point for a long position.
Technical Outlook:
- Pattern: Trendline Breakout
- Forecast: Bullish (Buy Opportunity on Retest)
- Entry Strategy: Buy after a successful retest of the trendline support
Traders may look to enter a buy position if the price retests the trendline and shows signs of support. Additional confirmation from indicators like RSI indicating upward momentum or MACD showing a bullish crossover could strengthen this buy setup, reinforcing the bullish outlook for ETHUSD.
Road back to 4,000 then New ATHBitcoin done it again since trump won election but feeling everybody has there eyes on Ethereum right now and so do i. So slowly breaking the major resistance but theres 1 more resistance left which is in 2,820 zone; once that breaks to push up higher it will get back to 3,000
Which means it's possible to reach back to recent ATH.
But now ethereum is a little slow but slowly breaking the resistance so it takes time be sure to use proper risk management so you wont get Spiked out. If you had bought the Ethereum in the last few hours or last night then you will be fine;
The take profit i placed pay attention to those its up to you when you like to take it but be sure place the stop loss at 2,635 that is the safe play.
That is all i have to say and donald trump going to make everyone rich we will see.
First break thru the resistance and get to 3,000, then road back to recent ATH inside the 4,000 area and lastly we should expect a new record of ATH back-to-back
I will have another post related to this and lets make this money
ETH Bearish divergenceEthereum is currently displaying signs of a bearish divergence on lower timeframes, a signal that often indicates a potential slowdown in upward momentum and the likelihood of a correction. Despite the bearish signal, the ongoing correction appears to be relatively shallow, suggesting that the underlying bullish structure remains intact.
A retracement to the 0.382 Fibonacci level could present an attractive buying opportunity for traders looking to enter at a lower risk point. This level is often viewed as a key zone for price reactions during corrections, providing a favorable balance between value and momentum for long-term positions.
Ethereum Breaks Range Resistance: Bullish Rally Incoming..?Ethereum has recently broken free from its range-bound trading pattern, a significant development that indicates potential upward momentum. The current focus is on sustaining this price movement above the established range, which could signal a shift in market sentiment. If this upward trend continues, the first target for Ethereum's price is projected to be around $3,540. This target level could serve as a pivotal point, influencing traders' decisions and market dynamics in the days to come.
Ethereum entering scarcity mode - Price > $3,000Here's a short analysis of why the ETH price has been jumping.
I don't think there's a huge upside on ETH, but I think there's a, say 75% probability of going to the $4,000 level (+28%) and a 60% probability of hitting the previous all-time high of $4,800 with a 56% upside.
The price rose to over $3,000, which is a casual +22% gain in just a week.
Let me start by saying that each person has different risk profiles and investment goals. I bought ETH a long time ago at under $1,000, which gives me plenty of room to continue holding it.
Here are some of the reasons behind the recent price action (other than the US elections) and why it might continue driving the price up:
- 42.6% of the ETH supply is locked in contracts, reducing the available supply in the market.
- 28.5% of all ETH is now staked (and rising), reducing the available supply in the market.
- Michigan Pension joins the game and has invested $11M in Ethereum ETFs, reducing the available supply in the market.
- Exchange reserves are at record LOW, which reduces the available supply in the market.
- Ethereum ETF inflows over 20k ETH per day, reducing the available supply in the market.
- SEED_TVCODER77_ETHBTCDATA:2B fresh USDT inflow: A substantial influx of Tether (USDT) increased buying power and interest in the crypto market.
- Pectra upgrade scheduled to Q1 2025 (but there are always delays). This upgrade improves the Ethereum network, and it's considered a big upgrade. Typically, there's positive price action around these upgrades.
- Ethereum has a recursive effect where the price goes up --> more on-chain activity --> more demand for ETH --> more gas fees burned.
When the supply is low, and the demand is high, typically, the price goes up.
Not financial advice.
ETHUSDwave1:2,122
wave2:1,543
wave3:4,095
wave4:2,122
wave5:6,000?
Ethereum is now preparing for a 5th wave up, can we see it reach 6K at the 2Q of 2025?
ETHUSD 1W PO3 LongOn the weekly ETHUSDT chart 📈, we observe a PO3 formation 🔄, indicating that we are in the final phase of distribution 🛑. This period may bring significant fluctuations, so it is essential to monitor market trends closely. By keeping an eye on support and resistance levels, we can uncover interesting opportunities. Stay alert to market movements! 💰🚀✨
How high will ETH go?For the past couple of months many have doubted ETH, and some have even claimed it would crash the crypto market as ETH for a while has lagged heavily behind BTC. Attention has been high on BTC and alternatives projects like SOLANA, but things can change very rapidly in the crypto space and BTC is tearing through new highs as we speak. I think ETH has the potential to surprise many during this crypto cycle as we are still very early in the logarithmic regression curve for ETH.
If BTC breaks the highly coveted 100K target, which i i believe it will, as the entire crypto space has many positive catalysts going for it right now including: the Global Liquidity cycle, post halving pump, Crypto ETfs, Trump, lower interest rates, etc., then things will become chaotic, and ETH can very well mimic its past cycle performance.
If we look at the logarithmic weekly chart, in the last cycle when ETH broke the 2018 high, ETH was able to pump over 240% from its 2018 top. Once the 2021 top is broken this time around, a repeat of that price action can put us right around that trillion mc mark for an ETH of ~ 16k.
Its a bold claim but time will def tell. I'll still be looking at the regular weekly and daily chart and of course take profits along the way. Many already cover ETH daily so i won't be updating this too much. Best of luck!
Bearish reversal?Ethereum (ETH/USD) is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support which acts as an overlap support.
Pivot: 3,386.40
1st Support: 2,863.34
1st Resistance: 3,889.27
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ETH - Renewed strengthI've been neutral to bearish on COINBASE:ETHUSD ever since price broken down from the descending triangle and lost the key $2,800 support level. My line in the sand for getting bullish again has been the reclaiming of that level. Price continued to consolidate underneath $2,800 with that level acting as resistance. Then came the presidential election where we saw price strongly rebound back above $2,800 where it's now managed to hold for the last few days. If the weekly candle manages to hold above this level, that would give us a very solid weekly bullish engulfing candlestick setup. The invalidation level would be $2,350, but we'd really not want to see price spend much time below $2,800 for a strong bullish signal. The next overhead resistance sits at around $3,500. Beyond that and we're look at all time highs.
Ethereum: MACD Signals Potential Bullish! ETHUSDT weekly chart is currently showing a significant bullish signal, The MACD indicator has just completed a bullish crossover, where the MACD line crosses above the signal line, indicating a potential shift in momentum from bearish to bullish.
Historically, whenever similar crossovers have occurred on the weekly chart, ETH has often experienced strong upward movements in the following weeks and months. Adding to this positive outlook, the MACD histogram has turned green, reflecting an increase in bullish momentum as the distance between the MACD line and the signal line widens. This is a strong indication that buying pressure is supporting the signal, suggesting that ETH could be on the verge of a substantial bullish move.
ETHUSD Price Target CircleUsing previous ATH
ETH is underperforming compared to bitcoin, ETHUSD is a great buy right now.
Love to see a breakout above this white horizontal line for the bulls.
ETH might move up faster than BTC in the coming months.
Ethereum - Room Higher? Post Election/Risk On Sentiment AnalysisTraders flooded into crypto assets after the risk on environment given by the Trump administration taking office. This is also coupled with last nights FED meeting where some confidence was show around the state of the US Economy.
May see Traders start to take some profits, especially if we rise to the next key resistance (labelled).
Any falls will provide dips back to key support and Re-entry becomes negotiable.
Any further risk on attitude from the Market on this fall would set the course for returns higher to previous highs.
Ethereum, unlike BTC has been subdued for a while, now it looks like the tables have swapped at least temporarily and traders are willing to take on more risk (Eth being less stable/invested in than BTC).
If you had it long, I'd kill it for gains. If you want to buy, I'd let it fall. Would avoid shorts higher in any large proportion due to inherent risk on both the asset and the Market overall.
ETH/USD - New levels, new trades. Let’s see what unfolds!Chart is showing a break above the M5 high, signaling potential for continued upward momentum. However, we’re also monitoring closely for signs of reversal, as the price could pull back to form a short-selling opportunity. This juncture demands attention to market structure and key levels, as both a trend continuation and a correction are in play. Caution and strategy alignment are essential here especially looking for the right confirmation!
ETH BEAR FLAGTrump pump trap underway.
Pretty obvious bear flag especially when daily RSI did not support the aggressive move upwards (news driven).
No pullbacks on recent move up suggest it will retrace the entire Trump pump and then break down the bear flag.
Bulltards will be in full disbelief.
ETH/USD Potential Rebound from Bullish Trendline, Target $6,000This analysis focuses on COINBASE:ETHUSD price movement in the daily chart, highlighting a strong bullish trendline pattern. Currently, Ethereum's price is forming higher lows, indicating strength in the ongoing upward trend. The price is approaching the trendline, signaling a potential rebound that opens up bullish opportunities.
If the price successfully bounces off the trendline, the profit target is set at the psychological level in the range of $3,500 to $6,000. However, if the price breaks below the trendline, this bullish signal will be considered invalid. The stop loss is placed at the psychological level of $2,200 or if the price breaks below the trendline.
ETH - Secret Fibonacci TargetsBased on predictive Fibonacci models we can estimate what might be some key levels in the future once ETH enters price discovery.
Based on on our model we could see $6,150 being an important level as well as the estimated 1.618 around $9,400.
This post is for future reference.
