Ethereum Bull Run Analysis & Commentary - Ethereum is currently trading at 3204$ and has breached all recent swing lows
- Structurally Ethereum looks all set to purge way higher in the upcoming weeks
- Ethereum is up 30% this week for all those faithful holders, ethereum has finally started moving impulsively and all the patience was worth it
- Technically, I see ETH reaching 3400-3600$ soon and post that I would like to see how ETH reacts from that zone.
1) Scenario 1 - Lock in partials around 3400-3600 and deploy the same partials when you see ETH dipping back to fill the FVGs around 2800-3000$
2) Scenario 2 - You let you position run and lock in partials around 4000$ and deploy your gains when you see ETH dipping back to 3500$ and second deploy around 3000$
- My bull run conservative target for Ethereum is 8000$ minimum anything above that is a gift
Ethereumanalysis
Ethereum Next Target 3055 USD, Triangle Pattern BreakoutEthereum has formed a Triangle Pattern and breakout above it. It is also expected to Breakout of the Falling Channel, with the Next Target being the 0.5 Fibonacci Retracement level at 3,055 USD.
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Ethereum 1D Technical Analysis & Commentary - Ethereum is currently trading at 2614$
- Ethereum got exactly rejected from the same point of interest where it showed us a bearish rally from
- Ethereum has the last FVG left around 2500-2550$ and once that is filled, I anticipate the huge demand side Imbalance to get filled.
- We have a huge imbalance from 3600$ where we saw Ethereum flat falling from, that will soon be covered once we see a weekly close above 2800$
- Study Price Behaviour and Price Action as of now, for spot buyers ethereum under 2700$ is a gift and you shouldn't miss that
- Spot Accumulation Zones: 2400-2580$
- Once ETH/BTC turns bullish you will see ETH and its whole ecosystem flying
- Till then hold it and you will soon see this moving impulsively, always manage risk.
Ethereum 1D Technical Analysis & Commentary- Ethereum is currently trading at 2448$
- Ethereum has been moving in a range since August 2024
- Ethereum has also underperformed Bitcoin after its ETF approval that's another thing to notice
- Ethereum/BTC has been slaughtered like anything and that's another way to track when ETH will outperform BTC
- ETH/BTC is currently in a free fall and I see 2 Major areas where I expect a reversal from
: 1st - 0.029
: 2nd - 0.021
- Ethereum's ecosystem and Altcoins will only pump hard the ones related to the ETH ecosystem when we see Ethereum flipping 2800$ and making a weekly close above it post that we might see a strong recovery in Alts like OP, ARB, Matic, and so on.
- Meme coins based on the ETH ecosystem are already performing nicely, but if ETH takes over then they will also turn parabolic so watch out PEPE it's a narrative play
- Ethereum has started building a base now, the bigger the consolidation the larger the expansion is going to be, mind that
- Spot Ethereum accumulation at this price is best from a conservative approach you can easily expect 100% in a quarter if your average price is 2500$
Ethereum Swing Long Update- Ethereum is currently trading at 2697
- Ethereum is highly undervalued in this current market scenario
- If we compare Ethereum with other Crypto Majors Bitcoin Solana XRP all of them have recovered massively but Ethereum is still down by 30% from its recent swing high
- Ethereum needs to flip 2800$ and its going to be an important zone for ETH to flip for an impulsive leg towards 3600$ where we saw ETH last time tanking from post the ETF Approval
- If you are looking for Spot Buys then watch out 2550-2620$ I don't think we should fall below 2300$ but if we do you know what needs to be done
- Watch out for spot bids and don't try to short the market in every rise you see, you will get liquidated very bad
Ethereum Swing Long Update - Ethereum is currently trading at 2563$
- Ethereum can soon outperform BTC once it flips 2800$ on a weekly time frame
- As a trader, you should wait for Ethereum to fill the FVG that's sitting on 2490$
- Deeper retracement will lead to an impulsive move towards the upside
- Make sure to add more size in ETH once you see it below 2500$
- I am anticipating Ethereum to easily print 3600-4000$ by the end of October
- For leverage traders watch out 2450 and try to make your entries conservative if you are using 2-3x leverage anything above that can be very risky
- Look for longs more because the market has a lot to recover in the last quarter instead of falling from here
- I don't think we should be falling from here anymore like we did earlier, small retracements and sudden retracements are fine in a bull market but as long as ETH isn't above 5000$ we cant consider this an altcoin bull market
- Trade safe and use logic - VK
Ethereum Technical Analysis - ETH has been very dominant in the crypto market recently because of its ETF Approval
- A lot of people are missing out on the S-1 Form Approval and bought the FOMO
- Institutions are going to bring back prices to the equilibrium and make sure they are accumulating things for cheap
- 3100-3400$ can act as a very strong Demand/Area Of Interest that can easily bring price down and then show another impulsive move towards 5000$
- Ethereum looks bearish as of now/short term so take decisions accordingly
Ethereum forming Head & shoulder pattern.Ethereum is forming a head and shoulder pattern on a daily time frame after retracing the fibonnaci level of 38.2% and 20 DMA.
The coin has given a nice movement and is retracing before another up move.
The coin is trading below the moving averages.
Two confirmation patterns are being formed in the coin on the daily time frame
1. Head and shoulder pattern
2. Bearish III continous pattern
A down side moment can give nice targets as there a 3 confirmation.
1. Trading below 20 ema(daily time frame).
2. Break of Head and shoulder neck line.
3. Volumes are high.
Support :- 1390, 1245.
Resistance :- 1715, 2000
US markets fell about 1000 points (3%).
The crypto markets can also fell the pain.
Wait for the coin to break the support and form some price action near it.
ETHEREUM (ETH) Is set for another 10% Decline ETHEREUM (ETH) is indicating another 7-10% fall towards 2297-2198 from around 2384-2405 Range.
Possibility will get negated if BTC closes a complete 5 minutes candle above 2405.
This Analysis and Trade Setup is based on 38% Retracement Breakout Trading Strategy.
Ethereum trading view for next week 11/04/22Ethereum has streched for contunues week
and changing the trend near the support
level.
Its taking support from the 20 ema on a
weekly time frame.
The price has tested the
support and has given a upmove.
On daily time frame too there is a bullish
momentum in the price as its taking support
from 20 ema and has given a cross over in
the moving averages.
Ethereum can run either side as its trading
between 20 and 200 ema on 4 hour time
frame.
Support :- 3100, 3020, 2950
Resistance :- 3434. 3675
It has support near its trading price and can
reverse form the support.
On a short time frame there can be a
resistance at 3320.
So wait for the price action near the levels
before trading the coin.
Ethereum gives a nice breakout of "W" Pattern.Ethereum has streched for contunues week and changing the trend near the support level.
Its taking support from the 20 ema on a weekly time frame.The price has tested the support and has given a upmove.
On daily time frame too there is a bullish momentum in the price as its taking support from 20 ema and has given a cross over in the moving averages.
Ethereum can run either side as its trading between 20 and 200 ema on 4 hour time frame.
Support :- 3100, 3020, 2950
Resistance :- 3434, 3675
It has support near its trading price and can reverse form the support.
On a short time frame there can be a resistance at 3320.
So wait for the price action near the levels before trading the coin.
ETHEREUM important levels and in a parallel channel ETD/USD has been following a parallel channel for a couple of months.
Ethereum has been following a rise and fall pattern while being in a parallel channel and following the channel.
Keeping in mind the current crypto rush we can expect Ethereum to follow the same channel unless there is a breakout from the resistance zone or a sell-off from the support zone.
Don't miss the great buy opportunity in ETHUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (238.70). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ETHUSD is in a Uptrend and the Continuation of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 80.
Take Profits:
TP1= @ 275.30
TP2= @ 319.45
TP3= @ 362.75
SL= Break below S2