ETH-D
Ethereum Symmetrical Triangle Chart Analysis #Ethereum Symmetrical Triangle Analysis CRYPTOCAP:ETH
#ETH is currently forming a symmetrical triangle, presenting a potential breakout or breakdown scenario.
A successful breakout above the $2340 level indicates a bullish trend till $3000 Target.
But
Conversely, a breakdown below the symmetrical triangle support at $2200 suggests a bearish trend And Traders should be prepared for a potential retest of the $1500 level in this scenario.
- Avoid Blind Trades:
- Trade with confirmed signals.
- Utilize technical analysis for precision.
FET/USDT Bullish Breakout so Target 50% ?FET/USDT 4H Chart Analysis:
FET has successfully broken a crucial resistance level, signaling a bullish trend.
Trade Strategy:
Target: Aiming for a 50% gain.
Condition: If #FET maintains above the $0.56 support level.
Keep a vigilant eye on the $0.56 support level, especially if you are in long positions.
#Crypto #Binance #Altseason
Ethereum 1 Hour Chart UpdateEthereum Market Update
Current Analysis:
Ethereum faced a significant setback, plummeting by 7.5% after breaching the $2335 support level. As we navigate this volatile landscape, it's crucial to monitor key support and resistance zones.
Potential Scenarios:
- Upward Move: If ETHUSDT maintains support at $2200, there's potential for an upward rally towards $2330.
- Downside Risk: Failing to break the $2350 resistance could trigger another downturn, potentially reaching $2050.
Critical Levels:
Support Levels: $2200/$2090
Resistance Levels: $2350/$2390
CREAM/USDT Chart Anlysis#CREAM/USDT Chart Analysis
- Current Price: $17.50
- Holding strong at $17.40 support - expecting a bounce!
- Target: $24 post breakout at $18.50 level.
- Stop Loss: Any 4H candle close below $17.
#crypto #CREAM #Shib
Ethereum Fresh Trade Setup#ETH/USDT Technical Analysis:
Entry: $2000-$1980
Targets: $2100 / $2200
Stop Loss: $1930
Technical Analysis:
- Strong bounce from $1940 support.
- Anticipating an upward move to $2100/$2200.
- Short-term bullish momentum.
- Support: $1940
Trade Plan:
- Entry: Long positions $2000-$1980.
- Targets: $2100, $2200.
- Stop Loss: $1930.
Note: This is not financial advice. Conduct your research.
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Ethereum ETH triple bottom head and shoulders bottom bull marketEthereum ETH triple bottom head and shoulders bottom bull market surge trend. Ethereum has two forms at the same time. It is a triple bottom and a head and shoulders bottom. It is an epic bull market surge trend. The main target is the green line above. As long as it breaks through 2100, it will reach 4000, soaring to the ultimate target of 6000/8000.
$ETH MacroTechnical Analysis:
$Ethereum is currently trading in the $1600 range, displaying resilience around its yearly pivot. Notably, it has faced rejection at this level twice, indicating a significant resistance zone.
Long-Term Investment Perspective:
For investors seeking entry points for the next bull run, a prudent approach may be to monitor the price range between $900 and $650. This range aligns with strong historical support and is often referred to as the "liquidity box." Buying within this range during market corrections can be a strategic move to accumulate CRYPTOCAP:ETH for the long term.
Short-Term Swing Trading Perspective:
Traders looking for shorter-term opportunities can keep a close watch on Ethereum's behavior around the yearly pivot. If CRYPTOCAP:ETH attempts to test this level again and faces rejection, it could present an attractive short swing trading opportunity. Careful risk management and technical analysis will be crucial in executing this trade.
Conclusion:
In the dynamic world of cryptocurrency trading, Ethereum offers a spectrum of opportunities. Long-term investors may consider accumulating CRYPTOCAP:ETH in the $900 - $650 range, while short-term traders can capitalize on potential reversals around the yearly pivot. As always, thorough research and a disciplined approach are essential for success in this market.
Not A Financial Advice
DO YOUR OWN RESEARCH