Are people sure they want to give up on ETH?Are people sure they want to give up on ETH? The weekly RSI looks like it may have found a major bottom. I wouldn't ignore it. No financial advice.
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About Ethereum
Ethereum — the world’s second-most famous blockchain network — is a platform for creating decentralized applications based on blockchain and smart contract technology (a command that automatically enforces the terms of the agreement based on a given algorithm). It's the chain that birthed DeFi (decentralized finance) and started the NFT craze which saw billions of dollars pour into cryptocurrency. Safe to say, it's one of the big dogs.
ETHEREUM is close to a break in the TRIANGLE (LONG)ETH is likely forming a symmetrical triangle on longer timeframes, a breakout can go either direction depending on market sentiment and volume. Posts on X and technical analyses suggest Ethereum is nearing a critical breakout point, with some analysts eyeing a potential bullish breakout due to histo
Ethereum Daily View – Tracking Wave C in Action
On the daily timeframe, Ethereum is unfolding within the early stages of Wave C, following the completion of a flat correction pattern.
The price has completed Wave (i) and appears to be in a corrective Wave (ii) targeting the 0.5–0.618 retracement zones (around $2366 to $2485).
Upon completion o
eth Im just seeing opportunities to go long on good value tokens.
None of this is financial advice, im just pointing out that if you are patient and know what you are looking for then the right times to trade are easy to spot.
my long strat has triggered
Continuation TriangleThe price has formed a triangle pattern as a result of a continuation from a bullish impulse, we have the breakout followed by a pullback and now the price has broken out of the pullback trendline, which signals an incoming bullish impulse
time to go long
WE ONLY TRADE PULLBACKS
Continuation triangleThe price has formed a triangle as a correction from the previous bullish impulse, now the price has broken the triangle, followed by a pullback, now if the price makes a higher high, we go long
WE ONLY TRADE PULLBACKS
Eth for long term investorsAt this stage, for a few weeks, you may see a bull run in ETH, and then, in a moment, it will come to nearly $2800, where it will go for a dip or move further.
Ethereum Weekly Structure – Potential Completion of Wave BOn the weekly chart, Ethereum appears to have completed a corrective Wave B inside the larger flat structure.
We are now monitoring the beginning stages of Wave C downward, following the major B top.
Immediate resistance levels are seen around $2366 and $2485 zones (0.5 and 0.618 retracement).
Ke
Ethereum Monthly Outlook – Bearish Continuation within Wave C
Ethereum seems to be unfolding within a large corrective structure on the monthly timeframe.
We are currently in the C wave of a major flat pattern.
Key support zones to watch are near $1085 initially.
A break below this area could extend the decline towards deeper targets around $752, $472, and e
Why You Shouldn't Be Bearish on ETH
Scenario 1: Bearish butterfly harmonic completes at 1.618 fib from Mar '24 high to Apr '25 low
~$5.7K = ~3x
Scenario 2: Bearish deep butterfly harmonic completes at 1.618 fib from '21 high to Apr '25 low
~$7.2K = ~4x opportunity
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Displays a symbol's price movements over previous years to identify recurring trends.