#ETHEREUM READY FOR BIG DUMP?#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
Trade ideas
ETHEREUM BULL RUN ROADMAP#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
$ETH Season Alert!CRYPTOCAP:ETH Season Alert!
ETHBTC chart show a bottom formation and breakout, hinting at a possible uptrend, aligning with the upcoming #Ethereum season. This suggests a possible increase in the price of Ethereum, possibly reaching $3,000 soon.
Given the recent approval of a Bitcoin ETF, there is speculation regarding the possibility of an ETH ETF being the next in line for approval.
ETH : Booked profits Closed the remaining two positions and booked a profit of about 7.21% and 6.96% of the invested capital.
In a high interest rate environment like this, when a recession is around the corner, I don't feel comfortable in holding onto a risky asset class like crypto in these valuations.
Will consider a re-entry if a deeper crash hits the market.
ETHUSDT Short to medium Term sellETHUSDT on 4 hrs. chart is showing resistance.
Technical Analysis:
1. Backtesting within the last 7 days shows that there are no specific patterns in the MACD, RSI, BOLL, and KDJ indicators.
2. Backtesting within the last 30 days also shows no specific patterns in the MACD, RSI, BOLL, and KDJ indicators.
3. The BOLL support price is $2,476.42, and the BOLL resistance price is $2,513.27.
ETH-ANOTHER MOTIVE WAVE IN MONTHLY FRAMEETH has different movements from BTC's in most of the time. It is moving in a corrective wave pattern in monthly frame in which it is likely to finish another 5th motive wave in A-B-C-D-E pattern (weekly frame), then it will move downwardly following a zigzag 1-2-3-4-5 set of wave to finish C corrective wave in monthly frame.
ETHEREUM Broken Bull Flag so Now Target is $2800 as per Chart#Ethereum Market Update: On the Way to $2800!
Current Status:
Ethereum (#ETHUSDT) has shattered the $2300 resistance mentioned in the last post and is now trading above $2400.
Bull Flag Resistance Broken at $2255, with a successful retest at $2200.
Analysis:
Bullish momentum continues, setting the stage for a push towards $2800.
Caution: In the event of a market downturn due to negative news, anticipate a potential retest at $2290-$2300 before the upward journey to $2800.
Critical Levels:
Resistance Broken: $2255
Retest Completed: $2200
Bullish Target: $2800
Important Note:
Sustaining below $2200 may shift #ETHUSDT into Bearish Mode.
Stay tuned for real-time updates!
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#EthereumUpdate #CryptoTrading #ETHAnalysis






















