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Eth-usdt

🔥 Ethereum's New All time High: Part 2In my previous Ethereum post I mentioned that, after the wedge break out, $1700 would be the next important resistance. After hitting $1700 a couple of days ago, it seems that the price has been showing some signs of consolidation, ranging from $1650 to $1750. The reason for this consolidation is the fact that a lot of investors are flocking to Bitcoin now. The price of BTC has been increasing rapidly, which in turn leads to a higher Bitcoin Dominance. An increasing Bitcoin Dominance is always bad for other crypto's. However, I still believe that we're going to see a $2000 price for Ethereum soon. Compared to Bitcoin it has a lot more to gain. Therefore, my main target for Ethereum in the near future is $2000. Assuming Bitcoin won't crash anytime soon, we could see it happen in the next couple of weeks. Happy trading!
Long
by FieryTrading
12
🔥 Ethereum's New All time High: What's NextEthereum has finally blessed us with a new all time high, a huge milestone for ETH investors! As mentioned in my other Ethereum posts, I'm still very bullish on Ethereum. One of my main targets (R1) is the $1700 level. Although it's a very realistic target, ETH might be held back by the strong channel that it has formed since early 2021. In case bullish pressure keeps flowing in, I'd expect to Ethereum to pierce through the upper channel resistance with relative ease. On the other hand, with the current instability of Bitcoin, Ethereum might fail to beat the resistance and start a short term bearish movement towards the lower support channel. Everything will be decided in the coming H4 bar. In case the upper channel resistance gets taken out, I expect a strong bullish move with a potential target of $2000 (R2) in the coming week. What do you think? Happy trading!
Long
by FieryTrading
16
$GOUSDT is printing same set up as Mar 2020 - $BTC $GO$GOUSDT is printing same set up as Mar 2020 - $BTC $GO Short description GoChain is a scalable, Ethereum based smart contract blockchain that is fast, secure and green. It enables DApp and smart contract developers to lift and shift from Ethereum to GoChain for 100x increased performance. Abstract GoChain, a standalone blockchain, is a next generation smart contract platform. It’s built upon an improved Ethereum codebase that solves the scaling problem with immediacy. We currently have a working TestNet showing in excess of 1300 transactions per second ongoing with stability and has been running as high as 2400 transactions per second.Vitalik Buterin, one of the founders of Ethereum, has labeled scalability a trilema where all 3 problems need to be solved simultaneously: 1. Scalability; 2. Decentralization; 3. SecurityRight now Ethereum can only process 13 transactions per second and as such their network is at capacity, yet it’s the industry standard. There are other players coming into the space trying to build new blockchains to solve this scalability issue but that won’t solve the Ethereum scaling problem. Next, many of these new blockchain solutions are 12-24 months out. Over 90% of the smart contracts are Ethereum based and they need an immediate solution. And, that’s where GoChain comes in.We will not only solve the Ethereum scaling problem with immediacy, but anyone currently using Ethereum will be able to seamlessly transfer to our network without making any code changes to get: 1. 10x more decentralization; 2. 100x increase in speed; 3. 1000x improvement in energy consumptionLet’s take these one by one and break them down because this is a tremendously difficult problem to solve and it’s a controversial one. If it was easy you wouldn’t be reading this white paper. Let’s start with decentralization because that’s probably one of the most controversial topics today.The promise of a truly decentralized network and the currently reality are two dramatically different things. At the time of this writing 4 companies in China account for 70-80% of all the mining activity for all the major coins/tokens including Ethereum. That is about as far from true decentralization as you can get, yet the purists still want to argue its merits. We obviously disagree and further acknowledge that true decentralization in its purest form is not possible today without making some sacrifices to get as close as possible.
GLong
by Abbas39
Ethereum Falling After Failing To Beat All Time HighIn my previous posts about Ethereum I argued that in case the ATH gets beaten, we might see a sharp increase in the price of ETH in the near future. Sadly, the first target, which was the ATH, seemed too strong to breach at this point in time. The ATH resistance held strong for a second time now. Currently, it's looking like the price is moving down gradually towards the lower trend line of the channel. In case Bitcoin stays relatively calm, we might see another sharp bounce from ETH towards the ATH. In case we fall through the support, I don't see ETH reaching the $1450 area again anytime soon. Happy trading!
Short
by FieryTrading
12
Ethereum In A Bullish ChannelEthereum has recently formed a bullish channel after last week's strong decline. Today, bullish price action is picking up again, which makes me confident we will reach the upper limits of the channel soon. The first and foremost resistance to beat momentarily will be the All Time High resistance around $1340. In case that one gets taken out, expect some consolidation when the price hits the upper trend line of the channel. After that, it depends on what Bitcoin will do. If BTC will either consolidate or get bullish, we might pierce through the resistance and be on our way up. If BTC falls, expect ETH to follow the channel.
Long
by FieryTrading
3
💡 Don't miss the great buy opportunity in Ethereum/TetherUSTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1120.0). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Ethereum/TetherUS ETHUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 60. Take Profits: TP1= @ 1350.0 TP2= @ 1450.0 TP3= @ 1575.0 TP4= @ 1705.0 TP5= @ 1880.0 TP6= @ 2100.0 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
14
💡 Don't miss the great buy opportunity in Ethereum/TetherUSTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1120.0). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Ethereum/TetherUS ETHUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 60. Take Profits: TP1= @ 1350.0 TP2= @ 1450.0 TP3= @ 1575.0 TP4= @ 1705.0 TP5= @ 1880.0 TP6= @ 2100.0 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
18
Ethereum's New All-Time-High On The Horizon: Bullish TriangleFor quite some time I've been very bullish on ETH, with good reason. The biog caps are in for a wild ride after it seems that Bitcoin has reached its top recently. In my other ETH posts I kept the targets relatively close since I was unsure if the alt-coins would gain more momentum. It seems they are doing exactly that. Since we both broke the upper resistance of the bullish triangle and formed a new local high since years, I see ETH/USDT gaining more momentum. The next major resistance will be at $1450, the all-time-high. I'm quite confident we will reach it either today or tomorrow. After the ATH is reached, it all depends on price action. If we manage to blast through the resistance with a lot a volume and a big candle, we could potentially reach $1700 within a day or two. I've selected $1700 since it's based on today's the second pivot point. Happy trading and best of luck!
Long
by FieryTrading
12
Ethereum Breaking Out: Bullish Action ExpectedETH/USDT has silently broken out of the pennant that it's been inside for a few days. Luckily for us, this break-out is occurring on the upside, marking a potential new bullish wave! To trade this, I'd personally wait for the price to close above the Confirmation line (C). The higher the time frame, the more solid the signal. On the chart I've marked two areas of expected resistance, the $1200 and $1300 respectively. Happy trading!
Long
by FieryTrading
4
Primary Elliot Count for BTC starting 2021Wondering why we haven't had a pull back recently? This is because we are within the third, of a third, of a third wave. This is the most bullish part of any Elliot count. Don't stand in front of a bull or you'll get the horns. Predicting targets for highs is nearly impossible, as we have already exceeded most common Fib extension targets. Always zoom out, the larger time frame always tells the best picture of the direction of the market. (Yes I posted this a few moments ago, but was not satisfied with my charting)
BITSTAMP:BTCUSDLong
by Mtn-Dew
1