Ethereum Bull Run Analysis & Commentary - Ethereum is currently trading at 3204$ and has breached all recent swing lows
- Structurally Ethereum looks all set to purge way higher in the upcoming weeks
- Ethereum is up 30% this week for all those faithful holders, ethereum has finally started moving impulsively and all the patience was worth it
- Technically, I see ETH reaching 3400-3600$ soon and post that I would like to see how ETH reacts from that zone.
1) Scenario 1 - Lock in partials around 3400-3600 and deploy the same partials when you see ETH dipping back to fill the FVGs around 2800-3000$
2) Scenario 2 - You let you position run and lock in partials around 4000$ and deploy your gains when you see ETH dipping back to 3500$ and second deploy around 3000$
- My bull run conservative target for Ethereum is 8000$ minimum anything above that is a gift
ETHUST trade ideas
Ethereum 1D Technical Analysis & Commentary - Ethereum is currently trading at 2614$
- Ethereum got exactly rejected from the same point of interest where it showed us a bearish rally from
- Ethereum has the last FVG left around 2500-2550$ and once that is filled, I anticipate the huge demand side Imbalance to get filled.
- We have a huge imbalance from 3600$ where we saw Ethereum flat falling from, that will soon be covered once we see a weekly close above 2800$
- Study Price Behaviour and Price Action as of now, for spot buyers ethereum under 2700$ is a gift and you shouldn't miss that
- Spot Accumulation Zones: 2400-2580$
- Once ETH/BTC turns bullish you will see ETH and its whole ecosystem flying
- Till then hold it and you will soon see this moving impulsively, always manage risk.
ETHUSDT: What should be traded and note?The ETH/USDT chart suggests a possible bearish move:
Resistance: Around $2,462, price may test this level but face rejection.
Support: The support zone is at $2,420, where the price could potentially fall.
Trading Plan: Short near $2,462 if rejection occurs, targeting the $2,420 support. Place a stop loss above $2,500 for safety.
This is a straightforward approach based on current chart patterns and key levels.
ETH/USDT Bearish chart below $2660 so what next?$ETH/USDT Technical Analysis
CRYPTOCAP:ETH is trading around $2640, with a strong Bearish Order Block near $2660—high probability of rejection. If $2660 holds as resistance, a retracement toward $2450 is likely.
Note: A 4H candle close above $2660 will invalidate the setup, and I'll close my ETH/USDT short position.
Support: $2450 / $2300
Resistance: $2660
The Power of My Price Action Strategy: Ethereum Targets HitThe Power of My Price Action Strategy: Ethereum Targets Hit
Today, Ethereum showcased the effectiveness of my price action strategy. The day started with a strong buying trade, as the price showed clear signals of upward momentum from a key support level. As the market gained strength, the buying trade played out perfectly, yielding solid gains. Later, as selling pressure increased at the peak, it presented a high-probability selling trade. The market reversed swiftly, hitting targets on the downside. This seamless execution of both buying and selling trades highlights the reliability of my strategy, allowing me to profit from market moves in both directions.
Ethereum Live Selling Trade!
Price: ETH is currently trading at $2,472.52, up by 1.35%.
Resistance: The nearest resistance level seems to be around $2,480, which could act as a key area to watch for potential rejection.
Support Levels: Strong support levels at $2,458, $2,438, and further down at $2,421.
Trend: The recent sharp upward movement indicates a bullish trend. However, if ETH fails to break above $2,480 convincingly, there could be a pullback toward the support levels.
This would be a good moment to either wait for confirmation of a breakout above resistance for buying or consider shorting if price reverses. What are your next plans for this trade?
Ethereum 1D Technical Analysis & Commentary- Ethereum is currently trading at 2448$
- Ethereum has been moving in a range since August 2024
- Ethereum has also underperformed Bitcoin after its ETF approval that's another thing to notice
- Ethereum/BTC has been slaughtered like anything and that's another way to track when ETH will outperform BTC
- ETH/BTC is currently in a free fall and I see 2 Major areas where I expect a reversal from
: 1st - 0.029
: 2nd - 0.021
- Ethereum's ecosystem and Altcoins will only pump hard the ones related to the ETH ecosystem when we see Ethereum flipping 2800$ and making a weekly close above it post that we might see a strong recovery in Alts like OP, ARB, Matic, and so on.
- Meme coins based on the ETH ecosystem are already performing nicely, but if ETH takes over then they will also turn parabolic so watch out PEPE it's a narrative play
- Ethereum has started building a base now, the bigger the consolidation the larger the expansion is going to be, mind that
- Spot Ethereum accumulation at this price is best from a conservative approach you can easily expect 100% in a quarter if your average price is 2500$
BIG W MONTHLY TF (ETH)
W PATTERN
The W pattern, or double bottom, is another bullish reversal signal. When you spot it, it often indicates that a downtrend has found strong support and is ready to reverse upward. The two troughs of the "W" shape are key areas of support. Are you anticipating a specific stock or asset to break out of this pattern?
Live : Ethereum (ETH/USDT) Levels for 11th October 2024Ethereum (ETH/USDT) Levels for 11th October 2024
The live chart for Ethereum shows significant price movement with strong support and resistance levels.
Resistance Levels (Red):
2,472.23
2,458.29
These levels indicate where selling pressure is expected. Ethereum has touched near these zones but struggled to break above, signaling resistance and potential selling interest.
Support Levels (Green):
2,395.55
2,379.18
These are the areas where buyers are stepping in, showing strong support. If the price falls near these levels, it is expected to see buying momentum kick in, preventing further decline.
Currently, Ethereum is trading at 2,441.66, with a significant upward move of +2.30%, showing bullish momentum. Traders should be cautious around the resistance levels and look for buying opportunities near the support zones for possible entries.
#ETH📊 Ethereum () Chart Pattern Alert! 🔥
📈 ETH is forming a key chart pattern, which could provide important clues about its next move. Whether you’re trading or HODLing, now is a good time to pay attention to the technicals.
🔍 What to Look For:
Current Pattern:
Support & Resistance: Watch for ETH testing major support and resistance levels—these could trigger big moves.
Breakout Potential: If the pattern completes, we could see ETH make a decisive breakout either to the upside or downside.
🚨 Key Indicators:
Volume: A rise in trading volume could signal confirmation of the next move.
Trendlines: Keep an eye on the upper and lower trendlines for breakout or breakdown signs.
Price Action: Price targets can often be measured based on the height of the pattern.
🌟 Why This Matters: Technical analysis patterns can provide insight into market sentiment and help anticipate potential price movements. Stay informed and keep your strategies sharp!
📊 Always do your own research and consider risk management in your trading decisions.
ETHUSDT today ETH is currently trading at 2,633.61 USDT, showing a slight pullback. The chart presents a key resistance level at 2,701.53 USDT and a significant support zone around 2,574.43 USDT.
Possible Scenarios:
Bearish Rejection (Red Path): If ETH fails to break the resistance at 2,701.53 USDT, it could see a drop towards the support level of 2,574.43 USDT.
Bullish Breakout (Blue Path): Should ETH break above 2,701.53 USDT, a further upward move could be expected, indicating a continuation of the bullish trend.
Trading Strategy:
Bearish: Short positions could be considered if ETH fails at resistance, targeting the 2,574.43 USDT support zone.
Bullish: Long positions can be taken if ETH breaks above 2,701.53 USDT, targeting higher levels.
Traders should monitor the resistance and support levels closely to catch potential market moves.