Search in ideas for "Ethereum"
ETHEREUM / ETH / USD - Prediction May 7th 2024🔴 Resistance - 3118 🔴
🚀 Target - 3163- 3193 🚀
🟢 Support - 3090 🟢
🚀 Target - 3039 - 2986 🚀
🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫
🔥🔥 Levels Works Best on 15 - 60 Minutes Time Frame 🔥🔥
❤️❤️ MARKET SECRET ❤️❤️👇
1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME
2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND
3. CHART IS SUPREME
4. YOUR ASSUMPTION & EMOTIONS HAS NO VALUE IN THE MARKET
Our motto is to help each and every individual to reach and achieve their financial goals across the world by empowering individuals with the accurate knowledge and skills necessary to navigate the complexities of the financial markets successfully. 💪
Please NOTE 👉 Levels shared are for intraday trading only.
🚫 Disclaimer 🚫 All information shared here is for educational purposes only, Please consult your financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you make. No Buy Sell Recommended 🚫
Request your support and engagement by like, comment & follow to provide encouragement
CHEERS 👍
Etherem Latest Daily Chart Analysis - Crypto Bhaiethereum has recently hit the bottom around 84 usd. and bounced back frrom 84 to 160 usd. now
resistance of ETH/USD is at 160 USD Approax.
and 2nd resistance of ethereum is almost at 180$
ethereum can easily go upto 180 USD in 10-15 days as the news of ethereum is huge regarding hardfork
DYOR before taking any posiiions as always
Ethereum possible Elliot wave counts Here we have shared possible Elliot wave counts of ETHUSD (for educational purpose only) which are suggesting correction for very short term and this correction can be used as good opportunity to go long for further trend which is expected post this correction, the invalidation level of further up move can be low of previous wave 1 which is pegged at 1071.50, if it breaks below this level then we can assume that our counting is missing something and we may invalidate this structure, Overall we are unfolding some impulse in which we had completed wave (1) and now possibly we are heading to unfold wave (2) and then, post correction we can start wave (3). wave (2) can unfold in three subdivisions like ABC and ABC can unfold in 5-3-5 structure or 3-3-5 structure. Lets see what happens next.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Overall wave structure is shared below
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
ETHEREUM PREDICTIONAs you all can see we witnessed a good rally in ethereum.
but $289 is a crucial resistence level , after which we may see a correction in prices upto $255-250.
if $289 is crossed then we may see a further up move.
According to MACD , trend is soon going to end . and we may see a correction.
Same depicted by RSI, which is in its overbought zone.
So keep an eye on $289. its crucial resistance.
sell @ $289.
buy@ $255-250 levels.
HAPPY TRADING!
Ethereum (#Ethereum) tests its long-term trendline support When Ethereum (#Ethereum) tests its long-term trendline support, it often sparks a significant upward market movement, known as a bull rally.
#Pattern_Recognition: Ethereum (#Ethereum) has shown a recurring pattern where testing its long-term trendline support has resulted in substantial bull rallies.
#Historical_Timing: Notably, each of these support tests has historically occurred in the month of January.
#Projection_for_2024: If the historical trend continues, there's a possibility of witnessing a similar upward market movement or bull rally in January 2024, following the long-term trendline support test.
Ethereum (ETH) Price Prediction — Will ETH Hit $1700 Soon?Ethereum (ETH) Current Market Status
According to CoinGecko, the price of Ethereum (ETH) is $1,295.25 with a 24-hour trading volume of $7,480,811,788 at the time of writing. However, ETH has increased by nearly 0.8% in the last 24 hours.
Moreover, Ethereum (ETH) has a circulating supply of 120,914,876 ETH. Currently, Ethereum (ETH) trades in cryptocurrency exchanges such as Binance, FTX, KuCoin, Gate.io, HuobiGlobal
Ethereum (ETH) Price Prediction 2022
Ethereum (ETH) holds the 2nd position on CoinGecko right now. ETH price prediction 2022 is explained below with a daily time frame.
Descending Channel also known as the falling channel . A descending channel is formed by two parallel trendlines . The upper trendline, which joins the highs, and the lower trendline, which joins the lows, run parallelly downwards. This pattern is the characteristic of a bearish market.
Currently,Ethereum (ETH) is in the range of $1300. If the pattern continues, the price of SHIBINU(SHIB) might reach the resistance levels of $ 1700,If the trend reverses, then the price of Ethereum (ETH) may fall to $1200
Happy Trading
Ethereum (ETH) Chart Analysis ### Chart Overview:
This **Ethereum (ETH) chart price action** on a 1-hour timeframe with Heikin Ashi candles. Various indicators, such as volume, MACD, RSI, and custom elements like support, resistance, and divergence patterns, are used to enhance the analysis. The chart highlights a **double-bottom pattern**, volume trends, and bullish divergence.
### Key Chart Features and Pattern Observation:
1. **Double Bottom Pattern**:
- The chart identifies two significant "bottoms" (marked as Bottom 1 and Bottom 2) at support levels.
- This is a bullish reversal pattern, suggesting potential upward momentum.
2. **Support and Resistance**:
- Key support levels are visible at **$3,501.00** and **$3,516.00**.
- Resistance levels include **$4,018.50** and the target price at **$4,096.00**.
3. **Heikin Ashi Candles**:
- The current candles show a bullish trend with consecutive green candles following Bottom 2.
4. **ATR Trailing Stops**:
- Suggestive of a breakout above previous consolidation, supported by bullish momentum.
### Indicator Analysis:
1. **Volume**:
- Volume spiked significantly near Bottom 1, indicating strong buying activity at lower levels.
- Gradual increase in green volume bars signals growing bullish interest.
2. **MACD**:
- The MACD line has crossed above the signal line (bullish crossover) near Bottom 2.
- Histogram bars transitioning from negative to positive territory confirm increasing bullish momentum.
3. **RSI**:
- RSI shows a **bullish divergence** near Bottom 2, with price creating a lower low while RSI forms a higher low.
- The RSI value at 77.89 suggests the asset is entering overbought territory, signaling caution for new entries.
### Key Levels or Price Levels:
- **Support Levels**:
- $3,501.00 (strong support).
- $3,516.00 (intermediate support).
- **Resistance Levels**:
- $3,748.15 (intermediate resistance).
- $4,018.50 (major resistance).
- $4,096.00 (target level).
### Overall Summary:
The chart displays a bullish reversal setup with the double bottom pattern, confirmed by increasing volume and positive momentum in the MACD and RSI indicators. Price action above the resistance zone indicates a potential continuation toward the target level. However, the RSI nearing overbought territory suggests monitoring for potential pullbacks.
### Recommendation or Trading Strategy:
1. **For Long Positions**:
- Enter above $3,748.15 with a target at $4,018.50 and $4,096.00.
- Place a stop-loss below $3,516.00 to protect against downside risk.
2. **For Short Positions** (if price fails to sustain above resistance):
- Consider entering near $4,018.50 with a target back to $3,748.15 or lower.
- Tight stop-loss above $4,096.00 to limit losses.
3. **Additional Notes**:
- Monitor volume for confirmation of breakout or reversal.
- Consider partial profit booking as the price approaches $4,018.50.
### Conclusion:
Ethereum shows strong bullish momentum with the double bottom pattern, bullish divergence, and positive indicator confirmations. While the trend favors further upside, overbought RSI conditions caution against overextending positions. Traders should align entries and exit with key levels while managing risk through disciplined stop-loss placement.
Ethereum Struggles Near Key Support ZoneThe Ethereum (ETHUSDT) market is facing significant pressure as it trades within a defined consolidation zone near $3,081. Multiple attempts to break above the $3,215 resistance level have failed, signaling a potential shift in sentiment.
Technical Insights:
Resistance Challenges: The $3,215 level has repeatedly rejected price advances, forming a triple-top pattern that reinforces bearish sentiment.
Key Support Zone: The area between $3,023 and $3,081 is acting as crucial support. A breach of this zone could lead to further downside pressure.
Bearish Continuation: If the price fails to hold above the current support, Ethereum could target lower levels near $2,900, aligning with the broader bearish trend.
Outlook:
Traders should monitor price action closely within the support zone. A breakdown below this area could trigger aggressive selling, while a sustained move above $3,215 might suggest a bullish recovery. However, the prevailing trend remains bearish unless a strong reversal signal emerges.
Live : Ethereum (ETH/USDT) Levels for 11th October 2024Ethereum (ETH/USDT) Levels for 11th October 2024
The live chart for Ethereum shows significant price movement with strong support and resistance levels.
Resistance Levels (Red):
2,472.23
2,458.29
These levels indicate where selling pressure is expected. Ethereum has touched near these zones but struggled to break above, signaling resistance and potential selling interest.
Support Levels (Green):
2,395.55
2,379.18
These are the areas where buyers are stepping in, showing strong support. If the price falls near these levels, it is expected to see buying momentum kick in, preventing further decline.
Currently, Ethereum is trading at 2,441.66, with a significant upward move of +2.30%, showing bullish momentum. Traders should be cautious around the resistance levels and look for buying opportunities near the support zones for possible entries.
Ethereum is ready for a Positional Trade on Weekly tfHello Traders,
Get ready to play a positional trade in ethereum on weekly tf.
The correction was started from the levels of 4868 in Nov2021 and after 18 months of correction the ethereum is getting ready for an uptrend.
Let's understand the technical data
ema(20,50,200) - Buy
ema(100) will act as a Resistance1
Level 2023 will act as a Resistance2
Breakout of the channel line.
MACD - Bullish Crossover
- Histogram is building momentum
Bollinger Band - Squeezed
The price confirms the uptrend on the breakout of 2023 level (Resistance2)
The overall chart structure also shows the signals of an bull run.
Thanks and keep trading
Er. Simranjit Singh Virdi
Ethereum "Broadening Top" PatternEthereum "Broadening Top" Pattern
Hourly (4H)Time Frame Analysis
A bullish reversal pattern is a broadening bottom. Two divergent lines that are horizontally symmetric form the pattern. As a result, it is a reverse symmetrical triangle. As a result, the oscillations between the two triangle terminals are becoming increasingly large.
Currently, Ethereum is in the range of $1175. If the pattern continues, the price of Ethereum might reach the resistance levels of $1350 .If the trend reverses, then the price of Ethereum may fall to $1150.
Entry Point Above 1215
Target 1350
Stop Loss 1150
Happy Trading