ETH IdeaETH I would love to short BTC, but while it is retracing, ETH is consolidating in a raising channel, usually it leads to a downward moveby abberto88gi1
$ETH On The Edge: Short Trade With Major ConfluenceTrade Thesis: Ethereum (ETHUSDT) is flashing several bearish signals that suggest a potential significant downside move. With Bitcoin ( CRYPTOCAP:BTC ) in a short-term downtrend, ETH appears poised to follow suit. Here's why this setup could be a high-probability short opportunity. Technical Analysis: Strong Overhead Resistance at $2700: Key Resistance Level: ETH rejected off the $2700 area, a significant resistance area that's previously halted upward movements. High Volume Node (HVN): This level coincides with a High Volume Node, indicating heavy trading activity and potential selling pressure above this price. Price Crossed Below VWAP and HMAs: VWAP Break: ETH has dipped below the VWAP, signaling a shift toward bearish momentum. 30 & 60 Hull Moving Averages (HMAs): Trading beneath the 30 and 60 HMAs adds to the bearish outlook. Bitcoin's Downtrend Influence: BTC Correlation: Bitcoin's decline sets a negative tone for the crypto market, increasing the likelihood of ETH moving downward. Market Sentiment: A bearish BTC often leads to selling pressure across major altcoins like Ethereum. Potential Support Levels: Minor Support at $2500: Watch for temporary support around $2500. Major Support at $2350: A significant support zone with another HVN lies near $2350, which could be the target area for this short. Attractive Risk-to-Reward Ratio: Stop Loss Options: Place a stop loss at $2700 (conservative) or $2750 (aggressive), based on your risk appetite. Take Profit Target: Aim for the $2400 area, offering a 1:1.5 or 1:2 risk-to-reward ratio, depending on stop placement. Trade Setup: 🔹 Entry Point: Consider entering a short position below $2600 (below the strongest HVN area) 🔹 Stop Loss: Set at $2700 or $2750. 🔹 Take Profit: Target $2400 or $2350. Key Indicators to Watch: VWAP and HMAs: Sustained trading below these may confirm the downtrend. Volume Trends: Increasing sell volume can strengthen the bearish case. Bitcoin's Movement: BTC's price action will likely influence ETH. Conclusion: ETH is teetering on the edge, with multiple technical factors pointing toward a potential pullback. The convergence of strong overhead resistance, bearish moving average crossovers, and Bitcoin's downtrend creates a compelling short setup. Trading is about probabilities, and these aligned signals boost the confidence in this trade idea. Enjoyed this analysis? Smash thE follow for more exclusive insights and high-probability trade setups! 🚀 Shortby Willell13671
Ethereum About To Collapse Toward $1,000We are looking at Ethereum and things are not good, support is being challenged... How are you feeling today my fellow Cryptocurrency enthusiast? I hope you are having a great Monday. The week is just starting and we are looking at the weekly timeframe. Ether (ETHUSDT) produced three weeks of green while challenging MA200 as support. The more often a support level is challenged, the weaker it becomes. MA200 was challenged first in August and this produced a strong price bounce. But then it was challenged again in early September and then again and again, three consecutive weeks this level was challenged but it held as support. Now, prices moved up but there is no bullish momentum. Prices moved up after MA200 was confirmed as support but there is no volume. So we are going to see another move down, another test of MA200 weekly and this time this level is very likely to break because of the major, long-term lower high. Notice that Ethereum is in a major bearish trend, lower highs and lower lows. Once a support level breaks, the next major support area is tested to see if it holds. If it holds, we can see the end of the bearish move and the start of a new bullish move. If it breaks, we can see the continuation of the bearish move and lower prices. The most relevant level below MA200 sits around $1,500 and $1,750, this is the next target. Now, if panic sets in and people start to sell en-mass, even lower prices become possible and this would activate the low $1,000 price range. We are talking about $1,000 and $1,200 or a wick below 1K. This is a wait and see, but the market is bearish and moving down next. Prepare for the crash. The entire market will feel the force of this down-wave. Hopefully, this will be the last crash of 2024 and the end of the corrective phase. After this move, we are set to experience long-term growth. The correction in November is sure to produce a higher low. Namaste.Shortby AlanSantana15
Ether is flashing a long signalHey traders! We're keeping a close watch on ETHUSD for a potential upside reversal and have added it to our watchlist. Here’s why: ETH is sitting at the bottom of the Bollinger Bands on the 30-minute chart, suggesting a potential bounce. On the daily timeframe, it's holding above a key dynamic support area, signaling a bullish bias. Even though the broader stock market shows weakness (which often correlates with crypto), BTC and ETH are still attracting investor interest, especially with global geopolitical tensions and central banks’ loose monetary policies. As always, do your own research and manage your risk carefully!Longby Quantili0
Ethereum longEthereum bounced off the lower boundary of ascending channel. Bullish movement to resistance level at 2700 is possible.Longby Cryptobees_buzz0
Ethereum Stability Amid Market Volatility and Promising OutlookAccording to the latest data, the Stochastic Oscillator reveals a divergence between price action and market momentum. While the price of Ethereum has experienced higher lows, the oscillator shows a lower high. This divergence suggests a strong possibility of a bullish reversal, meaning Ethereum’s price could rise after bouncing off its support levels. This pattern is a positive signal for Ethereum traders, especially those looking for buying opportunities during the current dip.Longby AlgoVesting1
Ethereum update#Ethereum Analysis Update As expected it's started it's rally towards it's new ATH Holded the support zone and facing a small resistance towards $2728. A small pullback around $2500 and again it's good to go for a #Bullrun2024by OfficialCryptoTraders3
ETH FOR SCALPERS AND DAY TRADERS *1000 Points **Entry price ,stoploss and Target already marked in the chart itself FYI. Guys pls like, share and follow my ideas . Thank You AllLongby profits2winUpdated 0
Ethereum (ETH): Possible Zone of Rejection Near 200EMADaily timeframe is looking interesting where price is slowly approaching the zone of EMAs (from where we want to see a good rejection to happen). If all plays out nice, then we should see a good 15% of downward movement from here! Swallow Team Shortby SwallowPremium1
$eth short ETH/USDT Short Setup (2H Chart) short opportunity on ETH/USDT based on current market structure. Entry Zone: Around $2,637 to $2,650 (bearish order block & resistance). Stop Loss: Above $2,697 (just above the order block). Take Profit Levels: TP1: $2,580 (support & FVG fill). TP2: $2,440 (major support zone). Rationale: Market Structure Shift (MSS): Clear bearish shift in price action. Fair Value Gap (FVG): Price might pull back to fill this gap before continuing downward. Bearish Order Block (OB): Price has rejected from this area, making it a solid resistance zone. Liquidity: There's buy-side liquidity already tapped, and potential for sell-side liquidity to be reached around $2,580 or lower. optimal risk-reward. Shortby origami_capital330
Ethereum's bigger trend is bullishFrom where we inserted the green arrow on the chart, Ethereum has started to create a bullish diametric. Now the F wave is over and Ethereum is preparing itself to move in the form of a G wave. By maintaining the green range, it can be pumped towards the targets listed on the chart. This means altcoins are bullish for at least 60-80 days Closing a daily candle below the invalidation level will violate this analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You by behdark5525
Ethereum (ETH): Reaching Important ZoneEthereum has reached the most important zone for the coin, which will determine the next major movement for it. We are keeping all of our attentions here at $2,800, which upon breaking it will result in a good upward movement to upper trend line but if we see a rejection from there and a failed breakout, then we will test the lower trend line most likely (where sellers will try to break it) Swallow Team by SwallowPremium3
how to predict short selling..#Bitcoin #EthereumHello trader's here is your trade analysis confirmation for prediction for short seling in etherum.. Bola tha na previous post mai selling ayega 4-5 hours mai mere circle se .. Did you trade or missed my post so don't forget to follow.. Shortby vikashsharmaxz1
NEW WEEK-ETHUSDT PLANETH Is a pair that appears range bound to me on a macro view. However, analyzing things deeper, i discovered that we could see a rally up to the 3k region before any further development. Positioning for this, i've been able to put some triggers in place. Looking to see how price reacts at 2550 region, and from there, price would tell. Do have a wonderful week traders Trader45Longby olaoluwa062
ETH FLYINGEthereum is breaking trend line and before this issue i've get confirmation to have a bullish setup, next weekend will be awesome for crypto, be patientLongby CryptoSeniorTrading3
Ethereum : ETH still BULLISH - Here's WhyFrom a macro analysis, ETH is very clearly in a bullish season. Apart from the obvious (following Bitcoin) there are a few other factors from which we can deduce that ETH is gearing up for another impulse wave UP. 👉 Higher lows 👉 Diagonal trendline acts as macro timeframe support 👉 Currently Three-White-Soldiers in the weekly - Bullish candlestick pattern From a technical indicator perspective, we can see a healthy bounce on the lower white trendline. We can expect the rally AFTER the price reclaims the now upper red trendline (at which point it will turn GREEN). The price is about to reclaim the 50d Moving Averages which, in the weekly timeframe, signals a bullish move: ________________________ BINANCE:ETHUSDT Longby CryptoCheck-7
Selling Expected from this level #Ethereum #BitcoinHello trader's How was your day going on.. Here is some new analysis for next setup for trading.. so wait for candel formation on my resistance zone.. And follow me for next update. >>" Tradewithvikashsir"Shortby vikashsharmaxz1
ETH / Usdt 4HHelllo guys. Here i donot want to teach you how to trade. I post here for better understanding about your trades and entry exit levels So around 2550 - 2600 $ level if we have a confirmation there is a good chance for longLongby pichilotrades2
ETHUSDT in buyers control!Hi guys, As you probably know, I'm a forex trader and I don't trade Cryptos so much but this chart raise my passion and want to share my new position with you. If you found this position, you can like & subscribe. Love you all ... Good luckLongby Brian_Philips1
Eth Big long to $2800 weekend TradeSo I just opened an eth long. Tp 1 $2750 looking to close 70% there and watch to see if it can pump to $2800 where I will close. If struggling at $2750 the I'll just look to full close. At $2700 I anticipate that there might be some type of resistance there but not strong enough to stop price, still I'll be watching that area to potentially close the trade early. That's the plan assuming all goes well. I will say I did enter a bit early on this trade and should have waited at least until this hour closes to enter. But I'm confident in the level that this is a good area to long from. And wanted to get a decent stop around $2656 area or lower. Hopefully am not punished for my early entry but it is what it is. Risk is managed. Preferably would like to see the current hr close above $2676 areaLongby Filnft2
Ethereum on the Rise, Poised for a Bullish BreakoutBINANCE:ETHUSDT has been showing strong recovery patterns recently, and the technical indicators align with a potential bullish move in the coming months. On the weekly chart, COINBASE:ETHUSD has reached the bottom of an ascending channel, which historically has acted as a strong support zone. This $2K region is not only a psychological barrier but also a key support level that was previously a resistance. As ETH continues to hold above this zone, a rise toward its all-time high (ATH) becomes increasingly probable. Recent data suggests that 2024 could witness a broader crypto bull run, driven by Ethereum and other major assets. Analysts are optimistic about increased adoption cycles following 2023’s groundwork. Ethereum could benefit from market-wide positive sentiment as key events like Bitcoin’s upcoming halving and ETF inflows are expected to drive demand for cryptocurrencies. With the technical alignment and favorable market conditions, ETH is well-positioned to see significant growth, potentially targeting levels near EUROTLX:4K as it continues its rise within the ascending channel. This rally could be bolstered by investor confidence in the broader cryptocurrency market as new financial products and solutions drive further participation.Longby Sober_TradingUpdated 4413
ETHUSDT should buy or sell ?Market Overview: The ETH/USDT pair is showing signs of strength after breaking the resistance level at $2,644. The recent cup-and-handle pattern, highlighted in red, suggests a bullish reversal pattern. The market has tested the resistance zone around $2,679.98 multiple times (as indicated by the red arrows), implying that the market is gradually gaining momentum. Key Technical Points: Support Zone: The green zone around $2,615.95 - $2,626.25 represents a key support level, acting as a buffer where buying interest might emerge. Resistance Zone: The next major resistance sits at $2,679.98, as indicated by the orange rectangle. A break above this level could trigger further upside momentum. News Catalysts: U.S. Bond Yields: A decline in U.S. bond yields and a weakening USD could support further upside movement in Ethereum, aligning with the technical picture. Macro Events: Any easing from the Federal Reserve or signs of slowing inflation might also act as a tailwind for the broader crypto market, potentially boosting Ethereum prices. Trading Strategy: Bullish Scenario: Entry: Consider entering a long position if the price breaks and holds above $2,679.98 (highlighted by the orange zone). Target: Set a profit target around $2,740, where the next potential resistance could appear. Stop Loss: Place a stop loss below the green support zone ($2,615.95), ensuring risk management in case of a market reversal. This strategy hinges on the assumption of continued bullish momentum, reinforced by both technical patterns and favorable macroeconomic conditions.Longby SuyouuUpdated 3
ETH Weekly Efect by the way we are in bullish movement but price need to retest last liquidity and fvgs also need to get more power to break this Weekly FVGShortby TradeWithMky1