confluence buying area ETH BINANCE:ETHUSDT
Effective risk management is essential for any successful investment strategy. Always diversify your investments to spread risk across different asset classes and markets. This means not putting all your eggs in one basket, but rather spreading your capital to mitigate potential losses. Additionally, regularly review...
#ETHEREUM CHART ANALYSIS
Current Price: $3040
Pattern Formation: Bull flag with strong support at $2900
Potential Scenario: A bounce could drive CRYPTOCAP:ETH to $3250, while rejection might lead to a retest of $2000 levels.
Important Levels to Watch:
Support: $2900 / $2200
Resistance: $3250
Keep a keen eye on these critical levels
ETH : Bullish possible - SHARK detected
A harmonic pattern named "SHARK" has been deteted.
These patterns are used especially by ALL the professional traders, Hedge funds, banks etc...
The Potential Reversal Zone ( PRZ) has been reached ( white rectangle).
Then the price can go to the targets mentionened on the graph : 3 305 - 3 425 - 3 620$
However the...
My advanced fibo technical analysis says that It has 6100 easy target in sometime. Then It can take bit of a break and then rise other levels. My ultimate target for Etherium is unbelievably 10k in coming time. It's currently undervalues. If BTC touch 100k mark this can easily double triple in no time.
Follow the targets given in the chart.
Similar to bitcoin, ETH has just finished correcting the 3rd beat in its double correction ABC wave: zigzag - flat - zigzag. This 5th wave C also has a dead end (very weak wave) and cannot withstand the strong uptrend of ETH. Keep your wits about you if you are an ETH holder trader
Alts are totally depending on two factors, viz. BTCDOM & ETH, and both are not currently in situations that alts can go up. Ethereum needs to go up to 3500 level ve4y soon.
Market may take an another dip before shooting up since its in parallel channel. Also there is an huge chance Israel to retaliate so this week is going to be roller coaster.
Eth is very near the important resistance zone of $3700. After reaching there it might consolidate there for a bit then a run for
Target 1: $4090
Target 2: $4742
#ETHEREUM Chart Update
CRYPTOCAP:ETH is currently testing its support level.
We're keeping an eye on it!
If it falls below this support, it might not look good for the market for a bit.
I think we might see a lot of ups and downs leading up to the halving.
Stay tuned!
#ETH #Altcoins
#ETHEREUM READY FOR NEW ALL TIME HIGH
1⃣ Breakout Triangle Resistance & did Perfect Retest
2⃣ Also Formed Inverse H&S Pattern NECKLINE Breakout & Retest Done
3⃣ CRYPTOCAP:ETH Must Hold $3450 Support for New ATH
4⃣ Next Targets Would be $4068/$5000
5⃣ Always Use Stop Loss as per your Risk Reward Ratio
Share/Comments if you agree with My Setup.
NFA
BITSTAMP:ETHUSD
BINANCE:ETHUSDT
COINBASE:ETHUSD
GEMINI:ETHUSD
KRAKEN:ETHUSD
BYBIT:ETHUSDH2024
BINANCE:ETHUSDT
3More Days for end of March Month
Price of the eth watchout for
Resistance $3600-$3800
Support $2500-$2600
Similar to Bitcoin, ETH is setting up the best buy points in the fibonacci retracement wave, which will tend to increase and correct to the area of the last two peaks at $4000, then drop to $3200 before returning to $4300. Let's wait and see the transaction results with ETH
#ETHEREUM READY FOR BIG DUMP?
1⃣ CRYPTOCAP:ETH Broken TL and Retest also Completed ✅
2⃣ Targets: $3261 & $2906 ( Red TL = Resistance )
3⃣ Stop Loss: If Candle Close Above Red TrendLine
4⃣ Already Gave 14% TP in Spot. ( Risk Reward: 1/3.5 )
5⃣ Long Term I am Always Bullish & Will try to Add at Every big Dip
6⃣ My Trade Now in 57% Profit
#ETHEREUM READY FOR BIG DUMP?
1⃣ CRYPTOCAP:ETH Broken TL and Retest also Completed
2⃣ Targets: $3261 & $2906 ( Red Box = Resistance )
3⃣ Stop Loss: $3940 ( Hard SL = $4094 )
4⃣ Risk Reward: 1/3.5
5⃣ Long Term I am Always Bullish & Will try to Add at Every big Dip
#ETHEREUM BULL RUN ROADMAP
1⃣ CRYPTOCAP:ETH Printed 2nd Highest Candle after Jan 2021
2⃣ Only 41% Away from ATH
3⃣ Strong Support = $2200-$2000
4⃣ High Chances to Approved Spot ETH in May 2024
5⃣ Bull Market Targets = $8000/$12000/$15000
6⃣ Below $2500 = Huge Buying Opportunities
NFA & DYOR
This is the first case which should be on eth like cup and handle follow and make a new high to 7k to 10k in the next few months so eth has potential to make 10x to 20x returns in the next few months
