ETH2 is right round the corner, which will make ETH more scalable, more secure, and more sustainable
1000s of transaction per second to be supported
Beacon chain has released which brings staking to ethereum (reducing ETH supply), and shard chain is due this year which will increase transaction capacity
Approaching the range highs now, hopefully not another...
The Eth Chart is so simple to read. A simple break and retest of the old 2018 ATH's. This will hit $2400 very soon. A simple retest f the 50% fib level. Momentum to the upside is very strong still! Follow us for more upcoming forecasts and trade setups!!
ETHBTC seems to be be faithfully following this upward channel for the past year or so, moving up and down within it. Personally, I am expecting ETH to appreciate against BTC more in the short term for the next few weeks before going down again.
This chart is an extension of my last idea. I drew the Fibonacci retracement from the last high to the recent low and it coincidentally matches up with my T/A.
I'm even more confident with my idea now if this plays out; nice profit!
Trade safe with a stop loss, the stop loss on this chart is just below the previous low in case we form a double bottom pattern,...
ETHUSD fractal copy. LONG In the medium term, I expect the price movement to rise further. It can be seen from the analysis that a fractal copy is made. Therefore, we set the target price according to the system of this rule. The target price is 2141usd.
Expectations are a rise.
Instructions - if trade flat or has not moved within 24 hours, take small loss or small profit.
Idea will be updated.
Trade with caution, this is not financial advice.
Entry: Market (410 - 415)
ETHUSD before a 12% increase. In my opinion, more crypto pairs could start to rise in the coming time. Among them is ETHUSD. Currently, ETHUSD is performing a corrective movement. I guess it could start to rise from a 50% level of daily ATR distance. You can start building the next rising wave structure with a target price of 410.31usd.