Ethereum/USD Uptrend movement potential with RISK:REWARD 2.46Ethereum/USD Uptrend movement potential with RISK:REWARD 2.46
Symbol Ethereum/US dollar
Time frame :4 hours
Analysis :There is a break out from the symmetrical Triangle and the price is rallying on the up side .So, We will check the condition for Uptrend movement .Moving average ,MACD and PIVOT point condition is checked for uptrend movement. BUy call above 2025 which stop loss 1856 and we can expect a target of 2433.
HOPE our analysis is adding value to your Trading Journey.
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Happy Trading
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ETHEREUM/USDT 4HOUR UPDATE!!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USDT UPDATE!
ETH/USDT is now trying to break the $1420-$1460 resistance area. If eth is able to break this resistance, we will see a move towards the key $1750 resistance area. If eth gets rejected from here, we will see another test of $1250.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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ETH could hit 245 dollorETH is following ascending channel since its last fall to 86 dollars, On 30th April it tried to break out upward channel resistance but unable sustain the movement and thereafter it is moving downward with slight resistance of trend line that is depicted with green color. The white lines are Fibonacci retrenchment level 0.5,0.61,0.786 that represents 187, 211, 245 level respectively,the price is facing resistance from 211.
If price breaks that level it will hit 245 level within next 2 to 3 days , buy it at 215 with volume confirmation
ETH/USDT:- Bullish Momentum Building Towards 1760-1770 Levels ?In this technical analysis, we delve into the current market trends of the ETH/USDT trading pair. The Ethereum cryptocurrency has shown promising signs of bullish momentum, with key buying and selling levels identified for traders to consider.
Buying Area at 1760-1780 Levels:-
Ethereum's recent price action reveals a strong support zone between the 1760-1780 levels. Traders looking to establish long positions can consider accumulating Ethereum within this range, aiming to capitalize on potential price appreciation.
Price Targets at 1950-1960 Levels:-
The ETH/USDT pair is exhibiting a promising uptrend, with price targets set at the 1950-1960 levels. It is essential to monitor price movements closely, as a sustained breach above this range could trigger further gains.
Bullish Order Block Opportunity:-
An intriguing opportunity arises from the presence of a bullish order block at 1760-1770 levels. This block signifies a strong demand area, highlighting the potential for upward price movement. Additionally, if the market corrects itself and ETH/USDT retraces to the 1650-1680 levels, astute traders can consider this a "buy for bag" opportunity.
By staying informed about these key levels and potential opportunities, traders can position themselves for success in the dynamic world of cryptocurrency trading. Follow us on Trading View for real-time updates, in-depth analyses, and actionable insights to enhance your trading journey.
THIS IS ETHEREUM TETHERUSETHEREUM is in UP trend moving UP since 01JAN23 on 14JAN23 we can see HUGE BULL CANDLE and I found my BOS so I marked my OB first OB on 4H.
On 15FEB23 saw couple of BIG BULL CANDLE and that's my second OB.
ETHEREUM market showing BIG CANDLES with BIG WICKS!
If market break second OB and went down then what? NO WORRIES!!!
Because we have EXTREME OB already and never underestimate the Extreme OB so our first OB is UNMITIGATE since 13JAN23 once first OB mitigate we can go for LONG and we can use Trailing SL.
ETH at necklineAfter a freefall eth halted at major level of 2160 and started consolidating
now it has formed a inverted head and shoulder
currently the neckline and the mid resistance at 2630
after the breakout and retest it can go upto 20% which will be 3200 usdt
NOTE:
* used shciff ptichfork the price bounced back from lower median
* after the confirm breakout with bullish candle trade above the 0.5 of median line(black)
* the price might bend or retrace from black median line and as per my projection there wont be parabolic move or else will have to redo the analysis
* it is a postional trade but initiate it with your own risk and trading style
let me know your feedback in comment about opinion on the short term view
happy trading ....!
#ETH/USDTBINANCE:ETHUSDT BINANCE:ETHUSDT.P
Etherium price moving in an ascending triangle pattern. The ideal buy area would be around the $2,650.81 support level, especially if the price pulls back slightly. After a successful retest of this support and bullish confirmation, such as a strong bounce or increased volume, entering a position here could provide a low-risk entry. If the price breaks above the key resistance at $2,814.94 with solid volume, it would likely signal further upside. Keeping an eye on the trendline and EMAs can help confirm the strength of the move.
EthereumTriangle pattern had been observed on 4 hour ethereum charts.
Entery point - anywhere below $2,800
Target - $3,700
Ethereum had been consolidating inside a fixed range for a while now, this is a potential breakout. If the target hits, there is more potential since it will be above many important moving averages, and EIP1559 will start burning token from 15july, these all signs indicate that Ethereum is currently undervalued mainly because of media FUD, but charts and data shows that long term investors and big players had been accumulating more and more ethereum during this dip.
ETHBTC Latest Technical Analysis short termWe are doing Analysis of ETHBTC on 6 hours Timeframe .
With the Help of trend line , I have made trend line
Support and Resistance Levels
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
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Adil Khan
Ether Takes The Lead | Will Ethereum and Bitcoin Detach?Hardly ever I look at the Ethereum (ETHUSD) chart since both Bitcoin and Ethereum tend to move together.
Whatever I see happening with Bitcoin normally is also true for Ethereum.
For example, notice the bullish wave from July 21 to August 23, exactly the same for BTCUSD and ETHUSD.
Things are different right now.
Ether (ETH) just moved ahead of Bitcoin and went on to hit a new high today... This is great news. While Bitcoin is still strong but showing some bearish signals.
How to read this signal in comparison to Bitcoin?
In the past I used to use Ethereum to predict the next Bitcoin move as it was ahead by a few days or hours, the signals tend to be easier to read.
Seeing Ethereum move ahead, can signal that Bitcoin will eliminate all bearish signals and continue to grow (bullish/green) next.
Another scenario is where Bitcoin and Ethereum detach from each other.
Ethereum has all the Apps, NFTs and smart-contracts going on... With the cryptocurrency market evolving so much and so strong, the King and Queen of crypto detaching is something hard but can definitely happen.
Personally I believe if ETHUSD is to move straight up and go ahead, I think that Bitcoin will follow instead of detaching...
A bullish Ethereum, bullish Bitcoin as well.
And vice versa.
We are looking for Ethereum to hit $6,000 but it can take a while...
I just saw this now...
The Altcoins (in general) are behaving strongly as well.
If this (ETHUSD going up while BTCUSD hits lower highs) goes on for more than today, I will update my view on Bitcoin taking this information into consideration and tell you what I see coming next.
Make sure to hit LIKE now if you want to stay updated.
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Namaste.