ETH Breaking Key Resistance Is This the Beginning of Altseason ?Hello Traders 🐺
A few days ago, I posted an idea about ETH—and in my opinion, now it's your moment to decide. But why?
A lot of people still believe there's no Altcoin Season and that ETH or other large-cap alts won’t make significant moves.
However, the on-chain data and the chart are telling a c
Key data points
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Day's range
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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.
Chart Pattern Overview - bullish 🧠 1. Chart Pattern Overview:
The chart depicts a massive symmetrical triangle or contracting wedge formation stretching from early 2021 till now (mid-2025). This is a long-term consolidation pattern, suggesting a major breakout is likely imminent.
Elliott Wave Count (ABCDE Structure):
It follows a
ETH Cup and handle patternETH has been trading on this big range since 2020 and we have form a cup and handle with the neckline around 4100 and the base around 850. With a breakout target of around 7100.
Once we don't go lower then April low it should move up into the 3.1K range and then 4.2K to test the neckline once this a
ETH Bull Flag in Play – Eyes on the $3.8K Breakout Hello Traders 🐺
In my last ETH idea, I mentioned how Ethereum could outperform Bitcoin in the upcoming ETH season — but now it’s time to zoom into the short-term picture. 👇
On the daily chart, ETH is currently trading below a key support level, which has now flipped into resistance (the blue line)
Ethereum in consolidation phase!Ethereum has recently broke its daily bearish trend line and is now trending bullish. Currently it is in consolidation phase just below its weekly resistance line of 2787.
Although there was a bearish divergence formed on RSI but was followed by bullish hidden divergence. So at the break of its w
ETH wyckoff again. Algo markers lazy, fractals galore!Until proven otherwise, ETH is acting like an asset that’s finished distributing and is now preparing for markdown. Don’t chase candles; sell the rallies that test supply, respect your invalidation, and let the structure do the heavy lifting.
618 retracement didn't get hit. that's unfinished busin
Ethereum – Ascending Triangle + Liquidity Grab?An ascending triangle is forming — a classic bullish pattern.
We’ve seen a break to the downside, but I consider it a clear manipulation before the participation phase.
📌 The yellow vertical line marks the Pektra update — possibly a catalyst.
Still watching for confirmation of strength
🧠 What doe
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Displays a symbol's price movements over previous years to identify recurring trends.