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ETHUSDT

ETHUSDT: Pullback to 2,900 Before the Next DropLooking at the current price action, ETH is showing the classic signs of a weak market : shallow pullbacks, weak buying pressure , and repeated rejections at key resistance zones. Everything suggests ETH is simply taking a short pause before the next leg down. On the H4 timeframe, price remains firmly inside the descending channel drawn on the chart. Every time ETH touches the upper boundary of the channel, it gets sold off aggressively — a pattern that has repeated consistently. The 2,900 USDT area above now acts as a confluence resistance zone: it aligns with the channel’s upper boundary and a corrective structure — the perfect place for sellers to step in. At the moment, ETH is making a minor pullback to retest the 2,900 region, but buying momentum is fading and candles are being pushed down repeatedly. This indicates that a bearish reversal is likely forming. Once rejection confirms, the nearest target is the 2,650 support zone. If bearish momentum accelerates, ETH could slide further toward 2,550. Reference Scenario Main Trend: Bearish Strategy: Wait for ETH to retest 2,900 and SELL Targets: 2,650 – 2,780 → deeper target: 2,550
Short
by Paradise_Noir
1
The Bitcoin Cycle: A guide to time the next major entryBitcoin could be approaching a cycle low in the next 3-9 months. Zooming in on the weekly chart, you'll see that price tends to develop a horizontally defined resistance *after* hitting a cycle low and consolidating. Once price breaks out from that resistance, it triggers a buy signal. This is the type of action I want to see to get long with size. On the topic of cycles, I'll use a paragraph from the first book I read that got me interested in financial markets. From CYCLES: The Mysterious Forces That Trigger Events How can one tell, in any given instance, whether or not a regular rhythm that one discovers is caused by a real underlying force or merely by chance? Let's begin with some common sense and simple logic. If a cycle has repeated enough times, with enough regularity and with enough strength, the chances are that it is significant. Such regularity cannot reasonably be mere accident. Bottom line: A cycle's reliability is based on how well it repeated that cycle in the past. I will assume the cycle in this post remains in play, and will use it as my guide to help time the next major entry. The key thing is to enter based on a signal rather than buy just because price is in the cycle low range. The cycle just adds to the weight of evidence and helps with timing - it is NOT the signal.
BITSTAMP:BTCUSD
by Lanmar
204
ETH Weekly FVG Filled – Final Shoulder Before 21K?On the ETH/USDT weekly chart, price has just tapped and respected the Fair Value Gap (FVG) demand zone around the 2.6–2.8K area, filling it almost perfectly. This zone lines up with key Fibonacci retracements of the previous impulse and could be forming the right shoulder of a large inverse Head & Shoulders pattern: Left shoulder: ~3.6–3.7K Head: ~1.3–1.4K Potential right shoulder: current 2.6–2.8K region (FVG fill) Neckline: ~4.9–5.0K If bulls defend this weekly FVG and ETH manages a sustained move back above 3K, the next logical step would be a test of the 5K neckline. A clean weekly breakout and close above the neckline would confirm the pattern and open the door for a much larger measured move – which points toward the 20–21K region in the long term. Invalidation / risk: A weekly close back below the FVG and mid-range (~2.4–2.5K) would weaken the right-shoulder idea. A deeper breakdown below 2K would put the entire structure at risk. Watching how price reacts inside this FVG zone over the next few weeks. Is this just another bounce, or the birth of the final shoulder before a parabolic phase? 🤔 Not financial advice – just a chart idea, do your own research and manage your risk.
Long
by KarimMohsen
Ethereum Approaching Reversal Zone!Ethereum is currently trading at a major support zone, an area where price has historically shown strong reactions and multiple bounces. This demand zone has acted as a key reversal region several times, and ETH is once again testing it. Price is also sitting near the 0.618 Fibonacci retracement (Golden Zone), which is commonly used to identify potential reversal points during market corrections. The Volume Profile shows a high-volume node exactly at the current support area, indicating strong interest and previous accumulation. This increases the probability that this zone will act as a strong support. On the momentum side, the RSI has entered oversold territory once again. Historically, whenever ETH’s daily RSI dipped below 30, it marked strong bottom areas followed by significant bounces. Key Highlights - ETH retesting a major historical support zone. - Trading inside the 0.618 Fibonacci Golden Zone. - Daily RSI oversold (<30) — historically a strong bounce region. - Volume Profile high-volume node aligns with support, increasing the strength of the zone. - Potential for a short-term reversal if the support continues to hold. Cheers Hexa
Long
by HexaTrades
ETH : Oversold RSI + Fib Golden Zone = High-Probability ReversalETH is currently trading inside a major historical support zone, an area where price has repeatedly been rejected and bounced in the past. This level has acted as a strong demand zone multiple times, and the price is once again testing it. On the momentum side, the RSI has dipped below 30 on the daily chart. Historically, every time ETH’s RSI dropped into the oversold region, it marked a strong bottom formation followed by a notable bounce. Price is also sitting inside the Fibonacci golden zone, adding further confluence that this area could act as a potential reversal point. Key Points: - Strong multi-tested support zone - Price reacting inside the Fib golden pocket - Daily RSI oversold (<30) - historically reliable bottom signal for ETH - High probability bounce zone if the support holds - This is a critical level to watch for bullish reactions or early reversal signals. Cheers Hex
Long
by HexaTrades
ETH to all time high! Lets go!🚨 ETH Elliott Wave Update 🚨 What we’re looking at here is a clean W-X-Y complex correction unfolding over months — a classic structure when the market wants to correct deeper without breaking the macro trend. • Wave W completed with an ABC decline • Wave X gave us the relief rally everyone thought was the bottom ❌ • Wave Y extended lower, subdividing into a-b-c, pulling price into the lower boundary of the corrective channel Now we’re sitting right at the end of minor wave c of Y, the final leg of this entire structure. The pattern is mature, sellers look exhausted, and the downtrend channel is tightening — perfect conditions for a potential reversal. 🔵 The blue trendline is the key. If ETH can punch through that level with momentum, it confirms the entire WXY correction is complete and opens the door for a major impulsive leg upward. 💥 Break the blue line → reclaim macro structure → I believe ETH will begin the march toward new all-time highs. This is where long-term bottoms historically form: deep structure, clean proportions, fading downside velocity, and a clear invalidation level. 📈 Eyes on the breakout.
CRYPTO:ETHUSDLong
by ElliottWavePro
2
Spot idea for Ethereum (Nov 9, 2025)CRYPTOCAP:ETH / #Ethereum Spot idea for Ethereum (Nov 9, 2025) On October 29, 2025, I posted an update saying it's worth waiting for Ethereum to drop into the $3,100 - $3,400 range, since that's where the nearest long trader liquidations are sitting, along with some big limit orders on exchanges like Binance and Coinbase. We've hit those levels now. Update: So, it's time for a new update aimed at traders hunting for a better entry point on Spot (no leverage involved). There are fresh large limit orders set by market makers and major whales. ➖ On Binance: $3,055, $3,000, $2,900, $2,800, $2,700, $2,500. ➖ On Coinbase: $3,000, $2,500. If you check the Liquidation Heatmap on the Bybit crypto exchange through the Coinglass platform, the biggest pain point for traders is around $2,500 - $2,700, where big players will scoop up Ethereum more cheaply after those liquidations hit. To sum it up: The crypto market and the US stock market are both in correction mode right now, so you need to be extra cautious when looking for entry points and try to avoid using leverage on futures positions—otherwise, you could wipe out your trading deposit. I think it's smart to hold off a bit longer and enter positions right where the big players are waiting, and where those trader liquidations are clustered. That way, you'll have an edge on your entry and can hold the trade through Ethereum's distribution zone all the way up to $10,000. Charts: Looks like 2026–2027 could hit peak cycle vibes, right alongside the highs for stocks and crypto. Altseason on deck?
Long
by SergioRichi
1
ETH/USDT 1W review1. Broken uptrend The black upward trend line has been clearly broken down. ➡️ This is a signal of a change in the market structure from uptrend → downtrend. ⸻ 2. The current candle is under the important support of USD 3,070 You marked the ~3070 level as previous support. Now the price is clearly below it, which suggests: • breaking support, • a retest from below may occur, • continuation of declines is likely. ⸻ 3. Another important support on the chart I see strong levels: 🔴 #1 Support: $2,830 - $2,900 (current price) This is the zone where the price is trying to hold – but it looks like there is a weak reaction. 🔴 Backer #2: $2,147 This is a wide zone where the upward impulse previously began. ➡️ If ETH drops below 2800-2830, the next logical target is 2150-2200. ⸻ 4. RSI (1W) shows a downward trend • RSI is around 40, which is close to the oversold zone. • The RSI trend has been down for months. • No bullish divergence (no trend reversal signal). ➡️ This supports the narrative of further declines. ⸻ 5. Candle structure - clear downward momentum Some previous candles: • large red bodies, • no aggressive buying, • reflections are weak, • The weekly candle currently looks bearish. ⸻ 📊 Technical Summary Based on the chart: Short-term and medium-term trends: downward The price broke key supports Most likely scenario: ➡️ Continued declines to USD 2,150-2,200 if the 2830 level is broken and the weekly candle closes below. ⸻ 📈 When would things look like they would turn around? Only if: ✔️ Price will return above 3070 ✔️ And will maintain a weekly close above this level ✔️ RSI will bounce up and divergence will appear Then we can talk about a greater chance of returning to 3,500 and beyond.
by cryptodailyuk
$ETH History Says We’re at the Buy Zone!INDEX:ETHUSD CRYPTOCAP:ETH History Says We’re at the Buy Zone! 🐂💙 Altcoin Pioneers! 🔥 Ethereum monthly chart just hit the legendary 0.618 Fibonacci retracement of the entire 2018–2025 bull cycle (~$2,820) and is printing a perfect higher low with a bullish divergence on RSI. Every single time ETH has touched this golden Fib level in history: → 2018 bear market bottom ✓ → March 2020 Covid crash bottom ✓ → 2022 bear market bottom ✓ → 2025 … loading? ⏳ Current price ~$2,826 with strong weekly bounce. If we hold above $2,700–2,800, next realistic targets: - $3,600 (quick retest) - $4,200–4,800 (all-time high reclaim) Only real bear case is monthly close below $2,400 — but momentum & structure say bulls are waking up. ETH is coiling for the biggest move of the cycle. Patience pays here! ⏰🚀 #Ethereum #ETH #CryptoCycle (Perfect TradingView title: “ETH Monthly – Golden 0.618 Fib Touch | 4th Time in History = Massive Bounce Incoming”)
INDEX:ETHUSD
by AltcoinPiooners
1
ETHEREUM | THE MATH IS COMPLETE | SHORT SQUEEZE LOADING?Traders, ETH is setting up for a potential big short squeeze that can rip price up hard. Let me walk you through the math, the order flow and the volume profile that are all pointing in the same direction. 1. The Fib math: 0.5 retrace into 2.0 extension At point A ETH printed the last impulsive wave up before the dump. After point B the market sold off and then retraced exactly to the 0.5 retracement at point C. Why 0.5 rotates into 2.0 from a math perspective : A 0.5 retracement means price has pulled back 50 percent of the prior leg. -> If AB is 1000 points, a 0.5 retrace gives a 500 point pullback. In my Fibonacci Rotation table, 0.5 is paired with 2.0 because they are exact reciprocals. -> 1 divided by 0.5 equals 2. So when the market respects the 0.5 retrace, the natural projection is the 2.0 extension in the opposite direction. -> You are effectively rotating the same structure: halve in the pullback, double in the extension. On this chart that 2.0 extension lands right into the $2880 to $2890 area. From C that 0.5 retrace is not random. It is the anchor that mathematically rotates into the 2.0 target and defines the first major squeeze zone above. 2. HTF Fibonacci extension confluence From there we step out to the higher timeframe structure. We take a Fibonacci Extension and draw it: From the highest point on the chart (X) Down to the first big swing low (Y) Then up to the next swing high (Z) This measures the high to low structure and then projects extensions of that full swing. On that HTF extension, the 1.618 level sits right in the same area as the 2.0 from the 0.5 rotation. Why the 1.618 and 2.0 together are strong confluence : 1.618 is the classic golden ratio extension. -> A lot of systems, harmonics and algos respond around 1.272 and 1.618. 2.0 is the clean reciprocal extension of the 0.5 retrace from the internal leg. -> These two levels are calculated from two different swings. One comes from the internal retracement structure. -> The other comes from the higher timeframe swing. When independent measurements give almost the same price area, that zone is not made up. It is where different groups of traders and different models will naturally cluster orders, targets and stops. So $2880 to $2890 is a real Fib confluence, not a guess. It is a logical first destination for a short squeeze and it sits exactly inside the current FVG. 3. Fixed Range Volume Profile and the LVN at $2880 Now we bring in volume. When we draw a Fixed Range Volume Profile from the swing low of 9 April to the swing high of 24 August, we see a very clean Low Volume Node (LVN) at roughly $2880. That LVN sits inside the same Fair Value Gap that price is currently exactly trading in. What this actually means : A Low Volume Node is an area where historically the market did not trade much. -> Very few contracts changed hands there. -> The auction basically skipped through that price zone. In an auction model, high volume areas are where the market is comfortable. -> Price spends time there, value is accepted, big rotations happen. Low volume areas are the opposite. The market rejected that area before. -> Price moved through it quickly because either buyers or sellers completely dominated and there was no real back and forth. So when price comes back down into an LVN inside an FVG like this, it tells me: Price has moved back into an old inefficiency where previously there was no interest in building value. If buyers are absorbing there (which we see from spot metrics), then the LVN can act as a springboard. Either price slices straight through the LVN to the next high volume area. Or price tags it, rejects sharply and uses it as the launch zone for the next leg. In this case the LVN at $2880 is aligned with: The 2.0 extension from the 0.5 rotation The HTF 1.618 extension zone The current FVG That is a triple confluence of math, volume and inefficiency. Price did not randomly land here. 4. Spot A/D: hidden bullish accumulation Now we go under the candles and look at order flow. First is the A/D (Accumulation / Distribution) indicator, applied on spot and mainly on the 4H and higher. Why A/D on spot and why on 4H plus : Spot represents real ETH being bought and sold. -> No funding games, less synthetic noise. -> It shows where true demand is stepping in. Futures can be distorted by hedging, arbing and leverage rotation. On low timeframes there is a lot of noise from scalpers and short term spoofing. -> 4H and higher smooth out that noise and reveal the bigger players. What we see now: On the spot A/D line both highs and lows have been trending higher. Price, in the same window, is trending lower. So price is making lower lows, A/D is making higher lows and higher highs. This means: On down moves, there is more volume being absorbed by buyers than being pushed by sellers. Sellers are getting absorbed. Smart money is accumulating spot while the chart still looks bearish to the average viewer. That is textbook hidden bullish accumulation. 5. CVD and OI: shorts are loading into that accumulation Now it gets even more interesting when we bring in CVD and OI. 5.1 Aggregated Spot CVD vs price On 13 November: Aggregated Spot CVD sat around -31.61k. From that point it started trending up, forming higher highs and higher lows. Today it is around 100.91k. Change in Spot CVD: 100.91k minus -31.61k = +132.52k So net buying on spot increased by about 132.5k units while: Price moved from roughly $3150 down to about $2988 That is a drop of 162 dollars 162 divided by 3150 is about 5.1 percent So we have: A big positive flip in net spot demand Only a small net drop in price If bears were truly in control, that amount of spot absorption would not allow price to stay this close. You would see a much heavier breakdown earlier in the move. Instead buyers have quietly soaked up the selling and then pushed net CVD positive while price is only down around 5 percent. This fits perfectly with the bullish accumulation narrative. 5.2 Futures CVD and OI On the futures side: Aggregated Stablecoin Margined Futures CVD dropped from about -408k to about -1.34M. -> Roughly -932k more net selling. Aggregated Coin Margined Contracts CVD dropped from about -88M to about -807M. -> Roughly -719M more net selling. At the same time: Stablecoin Margined OI increased from 4.39M to 4.88M. -> Increase of about 0.49M which is around 11 percent. Coin Margined OI increased from 1.81B to 1.91B. -> Increase of about 0.10B which is around 5.5 percent. So futures traders are: Aggressively hitting into the bid Increasing net short pressure (CVD more negative) Keeping positions open and even adding more (OI going up) All of this while: Spot is quietly buying Spot CVD is strongly positive Price is sitting in a triple confluence zone around $2880 inside an LVN and FVG A simple way to think about it: Spot is the strong hand slowly loading. Futures is the weak hand aggressively shorting into that demand. Price is held in a relatively tight range compared to the amount of futures selling. Once that selling slows or some catalyst hits, all of those shorts are fuel. They will have to cover into a thin LVN zone, through a Fib confluence and into areas where there was previously low participation. That is exactly how you get fast vertical moves. 6. USDT.D confluence Now, when looking at the USDT.D chart on the HTF, we can see that it has rejected from the 0.886 retracement, broke structure and is now respecting a descending trendline, while RSI is showing heavy bearish divergence. This means that even though USDT.D tried to push higher, each push had less and less momentum behind it, and buyers of dominance are getting weaker. For crypto, that is important, because a topping and rolling over USDT.D often signals capital rotating out of stablecoins back into risk assets. In confluence with everything discussed before, this adds another layer to the thesis. Spot is accumulating, futures are overcrowded on the short side, ETH is sitting in a strong Fib and volume confluence zone, and at the same time USDT.D is showing signs of distribution and potential downside. If USDT.D continues to bleed down from this 0.886 rejection, it structurally supports a scenario where ETH squeezes higher into the targets discussed. 7. Targets and the bigger picture Based on this structure and the order flow, the upside targets I am watching are: $3800 $4400 And if crypto gets proper momentum, a final Swing Fail Pattern around $5100 The logic behind these levels: $3800 and $4400 are not random numbers. They line up with higher timeframe Fib extensions and prior structural pivots and volume distribution levels. Think of them as natural waypoints where bigger players will take profit, hedge or reposition. $5100 is where I can see a classic SFP scenario: We push into a new high. Late buyers chase the breakout. Existing shorts get squeezed. Then once liquidity above the prior highs is taken, a sharp reversal becomes very likely. So my roadmap is: First we reclaim and rotate out of this $2880 confluence zone. Then $3800 and $4400 become realistic magnets. If the whole crypto complex catches momentum, $5100 as an SFP high is very much on the table. Invalidation: Invalidation for this specific bullish accumulation and squeeze thesis comes only if ETH starts trading below $2470. As long as we hold above that level, every dump is still in quiet bullish accumulation territory for me, unless order flow starts telling another story. 7. Conclusion Fib structure points to $2880 as a key confluence level. Fixed Range Volume Profile confirms this with a clean LVN inside an FVG. Spot A/D and Spot CVD are showing bullish accumulation while price grinds down. Futures CVD and OI show shorts loading into that spot absorption. Upside roadmap: 3800, then $4400, with a possible SFP (Swing Fail Pattern) around $5100 if the trend extends. Invalidation only if ETH starts trading below $2470. Until that happens, every dump for me stays in quiet bullish accumulation territory, unless order flow flips. USDT.D confluence. Same as always. This is not financial advice. Trade your own plan, size your own risk. I am just laying out the math, volume and order flow that I see behind this potential short squeeze on ETH. Markets do not whisper without reason. When math, volume and flow all hum the same melody, I prefer to listen before the crowd hears the drop. ------- If this spoke to the part of you that loves clean math and dirty squeezes, drop a like, leave a comment, and bookmark it. When the candles start to sprint, you will want to remember where the story was already written. - ThetaNomad
Long
by ThetaNomad
10
ETH About to Explode or Collapse?Yello Paradisers! Are you prepared for what’s coming next on ETHUSD? Because right now, Ethereum is sitting on the edge of a critical structure that could lead to a major breakout—or trap unsuspecting traders in another fake move. The setup is developing quickly, and what happens next will determine the short-term direction in a big way. 💎ETHUSD is currently forming a textbook falling wedge pattern, a structure often seen at the end of corrective phases and typically followed by strong bullish breakouts. What adds more weight to this scenario is the clear bullish divergence forming on both the MACD histogram and the Stochastic RSI. These indicators suggest that bearish momentum is weakening and bulls may be getting ready to take control. 💎For traders who prefer confirmation, the ideal move is to wait for a decisive breakout above the wedge. That would significantly increase the probability of a sustained bullish move and reduce the risk of being caught in a fakeout. However, for more aggressive traders, there may already be a reason to act. A bullish engulfing candle has formed directly at a key support level—an early signal that buyers are starting to step in with strength. 💎That said, we cannot ignore the invalidation scenario. If the price breaks down and closes candle below the defined invalidation level, the entire bullish outlook will be off the table. In that case, it will be crucial to stay patient and wait for a clearer price action setup to form before considering new positions. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
2
Market Update — Long Opportunities on BTC, ETH & SOL📊 Market Update — Long Opportunities on BTC, ETH & SOL Using Pro Trading Indicator by Dr. Hafiz After a sharp downside move across the crypto market, our Pro Indicator has detected fresh long signals from major demand zones on BTC, ETH, and SOL. Price has reacted strongly from discounted levels, indicating the possibility of a technical rebound. 🟢 BTCUSDT — Long Signal Activated Entry: 89,640 Stop Loss: 88,349 Targets: 91,181 → 92,490 → 93,799 RR: 1:3.22 Analysis: BTC formed a clean bullish reaction from a strong demand block. A higher-timeframe support is holding well, and the Pro Indicator signal confirms buying momentum. As long as BTC stays above 88,800, the recovery should extend toward 91,200 and above. 🟢 ETHUSDT — Strong Reversal Zone Entry: 2,920 Targets: 3,020 → 3,097 → 3,160 RR: 1:4.47 Analysis: ETH printed one of the cleanest reversal patterns today. A bullish engulfing candle formed directly at our mapped support zone. With ETH leading recovery movements historically, breaking 3,020 is key for continuation toward higher targets. 🟢 SOLUSDT — Demand Zone Bounce Entry: 133.10 Stop Loss: 129.92 Targets: 136.60 → 139.67 → 142.75 RR: 1:3.03 Analysis: SOL showed quick strength soon after touching the support area highlighted by our Pro Indicator. If SOL maintains above 130.40, bullish continuation toward the 137–143 range is expected. 📌 Summary The market is currently reacting from major support zones after the panic drop. Our Pro Trading Indicator by Dr. Hafiz has captured premium long setups with excellent RR ratios. If BTC continues to hold above its base, altcoins may follow with more upside.
Long
by EarningWithDrHafiiz
1
This Is How Ethereum Price Can Avoid A Crash Below $3,000Ethereum trades at $3,094, holding above the critical $3,000 support level after its sharp decline. This marks the first time in two months the asset has fallen this low. Maintaining support will be essential in preventing deeper losses and setting the stage for a potential recovery. ETH is currently positioned below the $3,131 resistance level and is waiting for a catalyst to move higher. The supportive on-chain signals suggest that a push toward $3,287 is likely. If momentum strengthens, Ethereum could extend the rise and target $3,489 in the coming sessions. If bearish pressure increases, Ethereum could break below $3,000 and invalidate the current bullish outlook. A fall through support may expose ETH to a decline toward $2,814 as selling intensifies. This scenario would reflect broader weakness and delay any major recovery attempt.
by BeInCrypto
$ETH Trendline Hold + Higher Low – Ethereum Bull Run Reloaded!COINBASE:ETHUSD CRYPTOCAP:ETH Trendline Hold + Higher Low – Ethereum Bull Run Reloaded! 🚀 Altcoin Pioneers! 🔥 ETH just tagged the multi-year ascending trendline at ~$3,141 (the same line that perfectly caught every major low since 2022) and instantly bounced with a strong weekly green candle. Higher low officially confirmed! - Trendline defended for the 6th time ✅ - With BTC.D crashing, ETH.D bottoming & falling wedge breakout on BTC, all stars are aligning for Ethereum to lead the next leg - Close above $3,800 flips weekly structure → targets $5,000 → $7,000 → $10k+ in 2026 RSI resetting from oversold, volume building. This is the exact setup that launched ETH from $1,800 → $4,800 last cycle. Ethereum season is loading FAST! 🧪💥 #Ethereum #ETHBull #AltseasonLeader
COINBASE:ETHUSD
by AltcoinPiooners
1
BTCUSDTHello Traders! 👋 What are your thoughts on BITCOIN? Bitcoin has dropped into the marked support zone, where a bullish reaction is likely in the short term. From this area, price may attempt a move back toward the descending trendline. The key focus will be on how price reacts once it reaches the trendline and the overhead resistance zone. A confirmed breakout above this resistance could trigger further upside momentum toward higher levels. Until this breakout occurs, any upward movement will simply be considered a correction. Don’t forget to like and share your thoughts in the comments! ❤️
by HAMED_AZ
12
ETH Hits 3K Target – Rebound Likely, Correction Not Over Though1. What Happened Since the Last Update In my previous ETH analysis, I warned that if Ethereum loses the 3700 support zone, the probability of a drop toward 3000 becomes very high. That scenario played out perfectly — the 3700 level failed, and price has now reached the 3K zone in recent days. 2. The Key Question Now Is this the end of the correction, or just the first leg? From my perspective, the overall correction is probably not finished yet. However, the 3000 area is a major support level, both technically and psychologically, so a bullish rebound from here is very likely. 3. Technical Outlook Even inside a larger corrective structure, ETH can easily rally $230–$350, or even more, from these levels before deciding the next direction. Key levels to monitor: -Support: 3000 → then 2900 (preferred buy zone) - Upside target: 3300 - Invalidation: A clean daily close below 2800 would weaken the bullish rebound scenario 4. Trading Plan For the short term, I will look to buy preferably below 2900, targeting 3300 on the bounce. This is not a long-term trend reversal call — it is a tactical long setup inside a broader correction. 5. Conclusion ETH has reached the downside target discussed weeks ago. A rebound is likely from here, but the larger correction may not be over yet. Short-term, buying dips around 2900 makes sense for a bounce toward 3300
COINBASE:ETHUSDLong
by Mihai_Iacob
1
ETHUSD – Bearish Channel Respect, Flag Breakdown SetupHi The chart illustrates a clean, structured bearish trend where price continues to respect a broad descending channel. Each major reaction level and pattern aligns well with the larger downtrend, indicating that sellers are still in control. Price recently tapped a key flip area near the upper boundary of the channel, a crucial zone where previous support has turned into resistance. The rejection from this area confirmed a strong supply and initiated a sharp decline, marked on the chart as the flagpole. Following the impulse drop, the market entered a consolidation range, forming a classic bear flag structure. Price corrected roughly one-third of the flagpole; a typical retracement depth before continuation in a downtrend. The drawn projection suggests a bearish continuation from the consolidation box, with the price expected to break lower. If momentum follows the channel’s trajectory, ETH could descend toward the first S&D zone, which aligns with the lower boundary of the macro channel. The marked target around 2848 sits near a liquidity and demand cluster, making it a logical tap point before any significant reversal or larger breakout attempt. Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
THINKMARKETS:ETHUSDShort
by melikatrader94
34
Checking for support near 3472.96 Hello, traders! Follow us to get the latest information quickly. Have a great day! ------------------------------------- (ETHUSDT 1D chart) This period of volatility is expected to last until November 14th. After this period of volatility, the key question is whether the price can rise after gaining support near the HA-Low indicator (3472.96) on the 1D chart. At this point, it's crucial to see if the price can rise above the M-Signal indicator on the 1W chart and maintain its upward momentum. If the price fails to rise, it is expected to meet the M-Signal indicator on the 1M chart again. Therefore, to continue the uptrend, the price must remain above the 3239.06-3472.96 level. The formation of the HA-Low indicator on the 1D chart indicates a significant decline, forming a low. Therefore, even if the downtrend continues, there's a possibility of an eventual uptrend, so we need to consider countermeasures. However, if the price meets the HA-High indicator on the 1D chart or falls near the HA-High level, the price is likely to decline until it meets the HA-Low indicator again or the DOM (-60) indicator. Therefore, we must remember the basic trading strategy of buying in the DOM(-60) ~ HA-Low range and selling in the HA-High ~ DOM(60) range. If the HA-High ~ DOM(60) range rises, a stepwise upward trend is likely, while if the DOM(-60) ~ HA-Low range falls, a stepwise downward trend is likely. Therefore, the basic trading strategy should be a segmented trading approach. To determine trading within the box range and trend trading outside the box range, we refer to the additional auxiliary indicators, StochRSI, TC (Trend Check), and OBV. To continue the uptrend by breaking above a key point or range, the StochRSI, TC, and OBV indicators must show upward trends. 1. The StochRSI indicator should not have entered the overbought zone. 2. The TC indicator should remain above 0. 3. The OBV indicator should remain above the High Line. Therefore, it's important to observe the movement around important points or ranges, such as the DOM(-60) ~ HA-Low and HA-High ~ DOM(60). The next period of volatility will be around November 20th. - Thank you for reading to the end. I wish you successful trading. --------------------------------------------------
by readCrypto