Ethereum Long Position Analysis After Completed 1st Target , New target is 2000$ ,If ETH Braked 2000$ resistance Than We are entering in Bull Market.
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Ethereum analysis on the daily timeframe with supp & resisBased on the daily timeframe analysis of Ethereum (ETH), we can observe that the cryptocurrency is currently facing important support and resistance levels. If the daily candle closes below 1681, we may see a pullback to the Fibonacci retracement levels of 0.382 and 0.5, which are located at around 1400. This area could serve as a significant support level, where buyers may step in and push the price higher. However, if the daily candle closes above 1681, we may see a rally towards the resistance levels of 1753 and 1896. These levels may pose challenges for buyers as the price could encounter selling pressure and struggle to move past them. Traders and investors should keep a close eye on the price action near these key levels, as they may provide useful insights for making trading decisions. It is important to remember that technical analysis is only one aspect of the market and should be considered alongside other factors before making any investment decisions.
Ethereum looks really bullish wooowHELLO dear Treaders :
After a very long time, ETH has reached the declining trend line that you can see in the chart and looks strongly bullish.
Since Nov 2021, when the bear market began and the price of bitcoin and others alt-coins started to drop from their all-time high, ETH price has hit this trend line, twice (as you can see in chart).
The first time, the price hit the decreasing trend line was at USD 3570, in Apr 2022 and the second time happened today at USD 1700.
In my opinion, ETH can reach higher prices after this bear market and in my point of view, there is a great opportunity to buy ETH at USD 1700 in spot (You can consider this buy position for your future trading but do not over leverage your positon!)
In daily time frame, ETH can break USD 1700 and start a new bull run.
The first ETH strong resistance line is around 2630/2650 and therefor until we reach that price point, do not over leverage your positions and be careful about future trading.
ETHEREUM - Elliott Wave ViewThe idea is based on the Elliott Wave Theory. It suggests that the correction cycle may be over and the next bullish cycle could begin from here.
Ethereum Short Position 1 Day ChartEntry 1140$
Expected Target 500$
Dynamic Stop loss 1520$
All The Best
#Eth update Daily time frame with supp % ResisEthereum is currently following its trend line and heading toward resistance of $1252.
The price will move toward the next resistance at $ 1397 if the resistance is broken.
But if resistance is difficult to break & gets any rejection, it will come back towards the support level at $ 1050 - 998.
Ethereum ShortThe prices have given a very good rally in the past few days, I'm still bullish on crypto positionally, but we can expect some pullback to below levels, if the prices retest the below levels once again, we can see a fresh rally upside. So here's my prediction on Ethereum, just for educational purposes, not a trade idea.
Ethereum Long entrythere was a B/O with a volume along with DXY falling which gave me a clear confirmation to long as DXY making a evening star at my resistance zone
Ethereum Shortin my previous analysis, i shared a long setup but it is invalidated in 1H-4H timeframe, ethereum might be heading lower to around 1140 levels soon.
Ethereum Short-Term Important Levels!Pivot: ~1566 | 1st Support: ~1512 | 2nd Support: ~1470 | Resistence: ~1607
ETH/USD - Weekly Overview Ethereum facing strong resistance at 0.236 FIB Level. Will the positive hype around the merge help it to break above?
Ethereum (ETH/USDT) 4h Timeframe Important Levels!Pivot: ~1524
- 1st Resistence: ~1624
- 2nd Resistence: ~1822
- 3rd Resistence: ~1923
*Probable Pullback: ~1496
ETHEREUM a head and shoulder in making can test 1600After 1800 its struggling to keep up, and now is forming a nice head n shoulders, which if broken with nice volume would bring 1600. The break of H&S would also bring in the break of upward channel formation. SHORT!
Ethereum on a great move is this a major dump ?The technical analysis of Ethereum what do you think guys?
Ethereum moving towards 688Looks like the current move of the Ethereum against USD is moving towards 688$ level
Ethereum buy long termbuy ethereum 1055 stoploss 850 long term trade
this coin wave structure complete but monday confrim reversal
ETHEREUM HEAD AND SHOULDER PATTERNWe could see a Head & Shoulder pattern on daily/weekly/monthly timeframe, i do think so that crypto is getting into much more correction from the current levels also.
Note : This is only an analysis, dont follw it blindly, use your own experience and knowledge also.
THANKS AND REGARDS
DAKSH SHARMA
ETH-USDEthereum has lost 40% of its value in a matter of past 3 months.
Just like Bitcoin, ETH too has given a Breakout from the Trendline and is currently retracing back.
Piling up of volumes too depict that the journey to the valley may have ended and ETH may soon continue its upward trajectory.
The support to the lower side is present at $2.8K and $2.6K respectively.
The best strategy hereon would be to wait for a reversal and plan trades accordingly.
