Second big shot of ETHETH can have second big shot if it complete triangle pattern with breaking up.Longby KBG86Updated 9
ETH ETF Approval Could Spur 60% Rally as ETH Buying IncreasesThe approval of spot ether exchange-traded funds (ETF) in the U.S. could lead to a significant rise in the token's value, mirroring the market reaction seen with bitcoin ETFs. Bitcoin rose to over $73,000 from $42,000 in the two weeks after the ETF started trading on Jan. 11, CoinGecko data shows. The decision on the ether ETF is expected soon, with significant buying activity observed on both centralized and blockchain-based exchanges. Buying activity increased on both centralized and blockchain-based crypto exchanges, with holders buying over 100,000 CRYPTOCAP:ETH in spot markets on Tuesday, the highest daily level since September 2023. Open interest on ether-tracked futures spiked in tandem to a record $14 billion, 67% of bitcoin open interest as of Wednesday. Activity also increased at the Chicago Mercantile Exchange, an exchange favored by institutions, with ether futures hitting a record notional $2.85 billion of trading on Tuesday. Ether options traded a record 1,135 contracts ($216 million). Ether ( CRYPTOCAP:ETH ) prices in the coming days could be volatile after investors sent 62,000 CRYPTOCAP:ETH to exchanges, the most since early March. However, the firm's analysts warned of a "significant price correction" should the ETF application be dismissed. Six issuers, including BlackRock, filed updated copies of their ether ETF proposals this week ahead of a decision due today. All removed plans to stake the token, suggesting the activity may have been a regulatory roadblock.Longby DEXWireNews117
$ETH bearish diverge continuesThe bearish divergence on #Ethusd #ethereum chart (both RSI and MACD divergence) i' ve been watching has not been invalidated yet. With the #eth ETF news today, all will be clear. Best to watch and avoid high leverage margin gamble. Not financial advice.by naphyse112
ETH let's goETHUSDT: Ethereum is returning to its uptrend. If this trend breaks and returns to the ascending triangle We will have a very good upward movementLongby TrendShot6
This is the real question to ask now.There are two scenarios. 1- Bull pennant 2- Bull flag Write in the comments which one do you think? - If it is a bull flag, there is a possibility to drop to $2800. In a different analysis I shared yesterday, I gave the target of $2800. Please check it. - If it is a bull pennant. Yesterday we had a bear trap and now retesting the breakout. In both scenarios, I think we have beautiful days in front of us after Bitcoin halving. * What i share here is not an investment advice. Please do your own research before investing in any digital asset. * Never take my personal opinions as investment advice, you may lose all your money.by traderissoUpdated 113
ETH Bullish Pennant | ETF approval confluence | Target: 2021 ATHNot Financial Advice TL;DR Bullish Pennant on BINANCE:ETHUSDT daily chart, upwards breakout target would be very close to 2021 ATH. SEC approval of VanEck ETF (final deadline on May 23) could be a major catalyst. A rare case of (potential) technical and fundamental confluence: ETH has been building a Bullish Pennant since the end of the Feb 5 - Mar 12 rally The retest of the multi-month support in place since October 2023 might signal that the bottom is in The final deadline for SEC's approval of VanEck's ETH ETF lines up almost perfectly with the convergence between the pennant's resistance and the multi-month support Interestingly enough, the target for an upwards breakout of the pennant around VanEck's approval deadline would be very close to the 2021 ATH Longby AliferCryptoUpdated 339
ETH longEthereum broke through the long-term resistance level on the daily chart. Bullish trend is expected to continue and reach $4100Longby Cryptobees_buzz116
A GOD CANDLE IN ETH AS PER PREDICTION A massive bullish movement occurs after our post.Still ETF is not approved,once it happens we will see you on 5k$.Longby Kat-Crypto-Street11
ETHUSDT → 20th may updatehello guys... The Decision point of the last leg or the origin of the move hunted so the price will experience a little correction. but I don’t remember the final target of this frame is the area that I showed as a yellow area, I mean 3310$ level will be reached! let’s see! BINANCE:ETHUSDT ___________________________ ✓✓✓ always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and commentby melikatrader94338
ETH Bullish!!!!1.ETH broken the Resistance and retested around 3050 and looking for Long. 2.ETH also broken the 4H Trendline for long. 3.If ETH broken the current support Level it'll reach the next support. 4.The entry is 3050 and the Target around 3270, SL below the Support zone.by Sha_The_IconUpdated 5
ETHUSD IDEARisk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you. Good luck!Longby BeryllusCrypto1
ETH Long IdeaThis is a ETH long idea I have based on the measured move of the bull flag and some fib levels. I think that the ETF will help this idea succeed this year sometime for all three targets. I see that Stoc RSI is curved up as well after being reset . I know this is some basic ass TA- nothing to fancy, but if your a long term investor and believe in crypto long term you should be fine. Trade with extreme cation and risk management. As always practice and enjoy. -XRLongby Bullzeyez1
ETH ETF timeline1. ETH ETF priced in at 10% on Polymarket. ETHBTC hits record lows (I buy) 2. ETH ETF odds revised, leading to a large 1b OI increase and a 20% rise. Polymarket odds are between 50-60% here, (as Polymarket rules are unclear, and Polymarket deadline is May 31st.) 3. ETHBTC rallies further as people sell BTC for ETH 4. ETH ETF decision does not occur before the market close, causing a quick wick down. (I take profit on my ETH longs here) 5. The ETF is approved, leading to a small spike, followed by a selloff as news traders and traders like myself fully close the trade. I believe ETH will get 20% of the BTC flows, or around 6+ billion. However ETHE has around 2 million ETH that could potentially be unloaded. I think the amount of buying and selling will be similar for the first few months, similar to how GBTC played out. I will be looking to buy ETH if the risk / reward makes sense, or if the price is low enough it is less risky to long. Note: I rotate profits back into BTC, which is my preference in terms of risk adjusted return.by r900001
ETHUSDTWe can attempt to short ETHUSDT from specified level if it break HL as there is also bearish divergence at current level indicate that it moves downward. SL , TP mention in chart.Shortby SignalEdge5
📊#ETH double bottom target achieved, be wary of callbacks⚠️📊#ETH double bottom target achieved, be wary of callbacks⚠️ 🧠We followed the daily-level double bottom long structure and broke through the short defense point after skyrocketing. This means that the double top short structure was destroyed, which means that this period of correction is over. Combined with the general trend, it is a bull trend, so we have a view on the future trend. It's going to be very optimistic. ➡️Although it is an optimistic attitude, we are currently in the daily-level selling zone. I will not chase the increase under the selling pressure, so we have locked all the profits from the long orders in our own pockets very early. ➡️If we choose to continue rising, then we will use the ETH spot purchased in the daily level buy zone to look forward to more.☕️🙏🎯 👀From a structural point of view, the breakthrough of the short defense point means that it will be sooner or later for us to break through the previous high, so when the price falls back again, it is a good time for us to enter the market again. The first support can be focused on near the inflection point.🔥 Don’t forget risk management💯 ✔️Trade safe✔️ 🤜If you like my analysis, please like 💖and share itLongby wolf_king8883
$ETH LONG (experimental)After a long hand up in the general structure, I see a possible long with a short stop, which is not a very critical position for meLongby MyTechNAzUpdated 4
Eth idea Update ETH Yesterday’s Chart Update! Yesterday market took Marked Trendline Liquidity but couldn’t fill FVG that’s why our Entry missed by few Points. What’s next now? As market has taken Trendline liquidity but it has formed another liquidity which is now perfect setup for us and also clears our setup. Below that SSL is our FVG where we will Enter. Good luck and Do your own Analysis as well Longby Thebitcoin373
$$$ ETHUSDT, GOING TO BREAK BULLISH PATTERN$$$Welcome, Trader. Welcome to our crypto community! 🚀We are delighted to welcome you, whether you are an experienced trader or new to cryptocurrency. We are willing to discuss #ETHUSDT💹. #ETHUSDT 🔥🚀. ___________ Update: Time Frame: 8 Hr ➡️ETHUSDT formed a falling wedge pattern, A possible bullish symbol. ➡️Waiting for a breakout to this pattern🚀. ➡️ Take a bullish turn from the major support area. ➡️ Waiting for retest confirmation. ➡️ We anticipate around 28% in the medium term. 👉✅.Longby CryptoAnalystHubUpdated 111
Analysis of the ETH/USDT ChartOverview The charts show the price movement of Ethereum (ETH) against Tether (USDT) with key support and resistance levels highlighted. Key Levels 1. Monthly Support and Resistance (Red) - Resistance: - 4868.00 USDT: The highest significant resistance level on a monthly scale. - Support: - 1440.00 USDT: A crucial monthly support level. - 881.56 USDT: Another significant monthly support level. - 366.80 USDT: A lower monthly support level. 2. Weekly Support and Resistance (Orange) - Resistance: - 4372.72 USDT: A higher weekly resistance level above the current price. - 4027.88 USDT: A significant weekly resistance. - 3730.71 USDT: Currently tested weekly resistance. - Support: - 3580.34 USDT: A lower weekly support level. - 3202.79 USDT: Another strong weekly support level. - 2852.00 USDT: A significant weekly support level. - 2652.00 USDT: Lower weekly support level indicating a strong base. - 2141.54 USDT: Another important weekly support level. - 1728.74 USDT: A lower weekly support level. - 1531.01 USDT: Another significant weekly support level. 3. Daily Support (Yellow) - Support: - 2852.00 USDT: A daily support level. - 2652.00 USDT: Another lower daily support level indicating a strong base. Moving Averages - 200-day Simple Moving Average (SMA) at 2779.12 USDT: Indicates the overall long-term trend. - 50-day Simple Moving Average (SMA) at 3189.87 USDT: Represents the medium-term trend. Trend Analysis - Upward Movement: The recent price action shows a strong upward movement breaking through several resistance levels. - Consolidation: The price previously consolidated within the range of 2852.00 USDT to 3202.79 USDT, building a base for the recent breakout. Recent Price Action - Current Price: Approximately 3769.65 USDT. - Last Month's Movement: - Bullish Momentum: Over the past month, Ethereum has shown significant bullish momentum, moving from around 2852.00 USDT to its current level. - Breakout: The price broke out from the consolidation range, moving past key resistance levels at 3202.79 USDT and 3580.34 USDT. Potential Scenarios Bullish Scenario: 1. Sustained Breakout: - If the price holds above 3730.71 USDT, it could indicate a continuation of the bullish trend. - The next targets could be the weekly resistance level at 4027.88 USDT and potentially the higher level at 4372.72 USDT. 2. Support Retest: - The price may retest the recent breakout level at 3730.71 USDT or the support at 3580.34 USDT before continuing upwards. - Successful retest and bounce would confirm bullish strength. Bearish Scenario: Failure to Hold 3730.71 USDT: - If the price fails to hold above this level, it could indicate a potential pullback. - The price might drop to test the support levels at 3580.34 USDT and 3202.79 USDT. Break Below Support: - If the price falls below the support levels, the next targets would be the lower support at 2852.00 USDT and potentially the 200-day SMA at 2779.12 USDT. Conclusion For the upcoming weeks, monitoring the 3730.71 USDT level will be crucial. A sustained breakout above this level could indicate further bullish momentum with potential targets at the higher weekly resistance levels. Conversely, failure to hold this resistance could lead to a pullback towards the mentioned support levels. The recent upward breakout suggests a strong bullish trend, but caution is advised around key support and resistance levels. Longby TrendSurfersSignals1
ETH BULL TRAPIm concern about about may be we are in Bull trap because this is how Head and shoulder build.may be we are going to make a head now. in BTC we made a reverse head and shoulder on weekly , we have left shouder and and head and also btc is about to make a shoulder which is downside . im feeling its a bull trap ( knows and head and shoulders head )Shortby HassanimtiazXYZ112
ETHUSDTAnalysis of Ethereum 4-hour time frame Ethereum can rise from these ranges to 4040Longby m0neyminer2
Ethusdt trading opportunityEthereum is presently positioned above a pivotal support line that delineates the current trend. Recently, the coin experienced a rejection from its proximate resistance level. Anticipation of a subsequent rejection upon a retest of this level is warranted. Should this rejection materialize, focus should pivot to the immediate BUY BACK ZONE for potential re-accumulation strategies. The aforementioned trend-defining support line is recognized as a substantial level of interest; while it is expected to sustain price levels, a breach below this threshold would necessitate reliance on the underlying strong demand zone to uphold the asset's value. Subsequent to stabilizing within this demand zone, the target shifts towards surpassing the current all-time high (ATH), with the current price action suggesting the formation of a potential 'cup' pattern. Additionally, analysis of the wave pattern within this context reveals the completion of waves one through four, setting the stage for the initiation of the fifth and final wave. This development is pivotal for the formation of the concluding leg of the wave sequence. Engagement through likes and comments on this analysis is highly valued and appreciated. Thank you for your attention and contributions.by wesladUpdated 7763