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Ethereum Swing Long Setup - Ethereum has not yet outperformed BTC fully. - Ethereum can now print a huge impulsive wave which can lead to an extended rally - I think the next target for Ethereum would be around 2800-3000$ - If you are looking for longs in ETH then you can keep an SL of 2150$ and 2260$ - Kindly don't over-leverage and do not buy impulsively too. - Spot is King and markets are always very volatile try not to mess or leak your money getting greedy.
BITSTAMP:ETHUSDLong
by VKtradesimbalance
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.
Long
by tradewith_ritik
ETHereumEth is booming after 2150 will it still be bullish? With the breakout, it is now pushing itself for 2400 Meanwhile, it tested the 2400 and now it's making its way towards the lower support. A smaller time frame showed the trend change but 1hr and 4hr is still bullish so this chance is to be of buy on dip . As it has broken down the 0.23 of fib-retracement. we need another confirmation for bearish which is trendline support. So re-entry would be at 0.5 and 0.6 lvl. The first target would be 2350. once it breaks that level, we are surely moving towards 2400. #eth #bitcoin #trendanalysis
BINANCE:ETHUSD
by SUTHARTRADE
RUNE 1W UPDATE Rune 1W Analysis: - Rune has shown an impulsive move staggering gains of around 200-250% from our entry - Rune currently is at a weekly supply - Mitigation of that weekly supply can lead to a 20-50% retracement. - IMO Rune can first pierce the weekly supply trap Buy side liquidity and then start dropping. - Do not FOMO here rather just observe and try to be a hawk - Rune is currently sitting at an overbought level. - For those who are looking to accumulate Rune or want to buy wait for a 20-50% retracement from this zone around 2.3-2.6$ and start adding it to your bags so that you do not miss the next wave.
Short
by VKtradesimbalance