Ethereum ETH Crypto Market after the ElectionsMy forecast is that we will see a bearish outcome for the crypto market after the November 8th Elections, especially for Ethereum ETH, which is overvalued.
ETH/USDT short
Entry Range: $1600 - 1700
Take Profit 1: $1540
Take Profit 2: $1370
Take Profit 3: $1265
Stop Loss: $1950
Vitalik
#ETH starting to look like a bullish scenario could be unfolding#ETH
So we broke down on the most recent trend line, there was a pretty big divergence - technically we are looking like a longer term retest here. This is looking pretty bullish to set up a buy around $1370 tbh - naturally there is some big things going on in the market that could cause a much bigger drop, although stagger some entries I feel from about that region. The volume profile is showing not much demand between 1479 to 1364 which is making me feel it will sink to about that price region before seeing true support
$ETH will dropJust my opinion but from what I see, the price of ETH will drop in the next few days, let's remember that we are less than three days away from the eth merge; from what I see in many posts, this is something that has people in uncertainty about the price, some saying that the price will go up like foam, and some saying that the price will fall like a snowball, the reality is that nobody can know exactly where the price will move, but at least today I see a double top pattern (see 1hr chart), SSL Channel with a downtrend and MA21 crossing above the candlesticks. This is something very normal after a rise like the one we saw days ago, market rises like this don't continue their course, only the rises with fundamentals behind them are the ones that are maintained, we will see what the merge holds for the price of ETH.
Looking at the macro for ETH (Bearish ascending wedge)
Looking at ETH on the Line-Chart set to weekly, we can see a familiar pattern similar to the BTC wedge I've posted previously:
ETH has 3 choices at this current moment:
- Unexpected wave of bullish momentum propels it to the upside breaking the upper TL sparking a parabolic rally
- Slow depreciation in value to the lower support TL before rallying again
- Major selloff sparking a breakdown & freefall
Will update when direction has been decided.
INDEX:ETHUSD COINBASE:ETHUSD BINANCE:ETHUSD BINANCE:ETHBTC COINBASE:ETHBTC INDEX:BTCUSD BITSTAMP:BTCUSD COINBASE:BTCUSD BINANCE:BTCUSD BINANCE:BTCUSDT COINBASE:BTCUSDT
$QOMUSDT Shiba Predator0xa71d0588EAf47f12B13cF8eC750430d21DF04974
SHIBA FLIPPED DOGE
NOW WE FLIP SHIBA
You are the Team
Yes, we are all QOM and we are all the team. For this to work, “a thousand flowers must blossom” and we all must do our part
Just like Shiba, there are no team tokens
If you want to do something then do it, if someone asks for a hand out you can tell them that Shiba never paid for a thing.
Trust The Process
Flipping Shiba will take Diamond Hands. Don’t be short-sighted with QOM, there is a long road ahead of us. HODL
Ask not what QOM can do for you, ask what you can do for QOM
QOM started this with a contract deploy and a group, but it is really up to you (QOM also) to see what you can add. Work for you meal, add what you can and tell your frens. This is an army. It is new and small, but that also means we have advantage.
$ETHUSDT Next Target PT 8k and higherKey Takeaway: Previously, if a customer uses a Crypto.com Visa card to pay for anything, their digital currency held in a cryptocurrency wallet had to be converted to a fiat currency. The cryptocurrency wallet deposited traditional fiat currency into a bank account set to be wired to Visa at the end of the day to settle transactions.
Visa's move meant that it now uses the Ethereum blockchain to strip out the need to convert digital currency into traditional money for the transaction to be settled. The firm partnered with digital asset bank Anchorage to oversee the first payment, with Crypto.com sending USD Coin directly to Visa’s Ethereum address at Anchorage.
Ethereum is a global, open-source platform for decentralized applications. In other words, the vision is to create a world computer that anyone can build applications in a decentralized manner; while all states and data are distributed and publicly accessible. Ethereum supports smart contracts in which developers can write code in order to program digital value. Examples of decentralized apps (dapps) that are built on Ethereum includes token, non-fungible tokens, decentralized finance apps, lending protocol, decentralized exchanges, and much more.
$KISHUUSDT Kishu Inu$KISHU.X Kishu Inu Target PTs 0.00000001706832-0.0000000320031 and higher (PT 0.00033422864193 if it goes Parabolic) Timeline: Fall 2022-Summer 2023
Returns 32-60X (626,618X if it goes Parabolic)
Dark Pool buy on 7/26/2021 at BSP RAW Buy Pressure 500
Where can Kishu Inu be traded?
You can trade Kishu Inu on Gate.io, OKX, and Uniswap (v2). Popular trading pairs for Kishu Inu in the market includes KISHU/USD, KISHU/CAD, KISHU/EUR, KISHU/PHP, KISHU/INR, and KISHU/IDR.
"KISHU INU was created in April 2021 with the goal of being a decentralized meme project with true purpose.
KISHU’s mission is to bring popular cryptocurrency concepts to the mainstream. Unlike older, comparable projects, KISHU introduces holders to next-gen concepts such as participation rewards, NFTs, decentralized exchanges, and more.
Within the first month of its launch, KISHU made history by surpassing a $2 billion market cap and over 100,000 holders. This was an unprecedented milestone for a project of its kind, and proved the world’s belief in the project."
$AKITAUSDT Super Duper Supernova! 💫❤️🕊️$AKITA.X entry PT $0.00000056-$0.00000061
CZ (owner if Binance) secretly owns $AKITA
What does that really mean?
He used to work for the Tokyo Stock Exchange, Shanghai, Bloomberg...everywhere
He created some of the fastest high-frequency trading systems for brokers...
Lots of money will flow into $AKITA.X
^ Vitalik Buterin: With a net worth of 333,000 ETH or over $1.3Bil, the 28-year-old Billionaire
After selling 660Bil $SHIB.X 140Bil $AIKITA.X and 43Bil $ELON.X
Vitalik amounted to a total of 5,712 ETH...
Send Etherium coin to Trust Wallet and use Uniswap to trade for $AKITA.X
$AKITAUSDT Super Duper Supernova! 💫❤️🕊️AKITA Price Today
Akita Inu price today is $0.000000705245 with a 24-hour trading volume of $915,829. AKITA price is up 0.2% in the last 24 hours. It has a circulating supply of 0 AKITA coins and a total supply of 100 Trillion. If you are looking to buy or sell Akita Inu, MEXC Global is currently the most active exchange.
What was the highest price for Akita Inu?
Akita Inu hit an all time high of $0.000029043690 on May 11, 2021 (11 months).
What was the lowest price for Akita Inu?
Akita Inu had an all time low of $0.000000005107 on Feb 27, 2021 (about 1 year).
What was the 24 hour trading volume of Akita Inu?
The 24 hour trading volume of Akita Inu is $915,829.
Where can Akita Inu be traded?
You can trade Akita Inu on MEXC Global, BKEX, and Uniswap (v2).
100% decentralized community experiment with it claims that 1/2 the tokens have been sent to Vitalik Buterin and the other half were locked to a Uniswap pool and the keys burned.
$SHIB.X Super Duper Supernova!$SHIB.X now live on Robinhood!
What is Shiba Inu (SHIB)?
Shiba Inu (SHIB) is a meme token which began as a fun currency and has now transformed into a decentralized ecosystem. During the initial launch, 50% of the supply was allocated into Vitalik Buterin's ethereum wallet. The price of SHIB has soared from as low as $0.000000000056 to an all time high of $0.000084, that is a 150,000 times increase within 8 months.
As a result of that, Vitalik proceeded to donate 10% of his SHIB holdings to a COVID-19 relief effort in India and the remaining 40% is burnt forever. That donation was worth about $1 billion at that time, which makes it one of the largest donation ever in the world.
What has the Shiba Inu community worked on?
The Shiba Inu team launched a decentralized exchange called Shibaswap with 2 new tokens, LEASH and BONE. LEASH is a scarce supply token that is used to offer incentives on Shibaswap. BONE is the governance token for holders to vote on proposals on Doggy DAO.
$AKITAUSDT Super Duper Supernona 🌙⭐️💫🌟✨🥰 $SHIBUSDT Apr 19, 2021 Dollar Volume = $541,475,520
$AKITAUSDT May 10, 2021 Dollar Volume = $629,486,505 (b/c they are trying to accumulate w/o running the PT to high)
^ If you study the peaks of both $SHIB.X and $AKITA.X they all run on same exact dates
And then if you compare the Dollar Volume of $AKITA.X first spike it correlates to Apr 19, 2021 of $SHIB.X
Meaning $AKITA.X takes longer to run but didn't run yet...
B/c Vitalik Buterin most likely coded both coins...
$AKITA.X will do exactly what $SHIB.X did
Sell based on Dollar Volume
$ETHUSDEthereum Coin Price & Market Data
Ethereum price today is $2,460.16 with a 24-hour trading volume of $27,390,529,371. ETH price is down -5.7% in the last 24 hours. It has a circulating supply of 120 Million ETH coins and a total supply of ∞. If you are looking to buy or sell Ethereum, FTX.US is currently the most active exchange.
What is Ethereum?
Ethereum is a global, open-source platform for decentralized applications. In other words, the vision is to create a world computer that anyone can build applications in a decentralized manner; while all states and data are distributed and publicly accessible. Ethereum supports smart contracts in which developers can write code in order to program digital value. Examples of decentralized apps (dapps) that are built on Ethereum includes token, non-fungible tokens, decentralized finance apps, lending protocol, decentralized exchanges, and much more.
What is a Smart Contract?
A smart contract is a programmable contract that allows two counterparties to set conditions of a transaction without needing to trust another third party for the execution.
For example, if Alice wants to set up a trust fund to pay Bob $100 at the start of each month for the next 12 months, she can program a smart contract to:
Check the current date
At the start of each month, send Bob $100 automatically
Repeat until the fund in the smart contract is exhausted
Using a smart contract, Alice has bypassed the need to have a trusted third-party intermediary (lawyers, escrow agents etc) to send the trust fund to Bob and made the process transparent to all involved parties.
Smart contracts work on the “if this, then that” principle. Whenever a certain condition is fulfilled, the smart contract will carry out the operation as programmed.
What are the programming languages that are used to write smart contracts on Ethereum?
There are two popular programming languages that are typically used to write Ethereum smart contracts. The first one is called Solidity which has very close similarities to Javascript and C++. The other language is called Vyper which is relatively new that has very close similarities to Python.
Who created Ethereum?
Unlike bitcoin in which the creator who is known as Satoshi Nakamoto is unknown. The founding team of Ethereum are known individuals which includes Vitalik Buterin, Mihai Alisie, Anthony Di lorio, Charles Hoskinson, Amir Chetrit, Joseph Lubin, Gavin Wood, and Jeffrey Wilke. Not all the founding members are still with the Ethereum Foundation, as some has moved on to work on other projects. For example, Charles Hoskinson has moved on to work on Cardano, while Gavin Wood has moved on to work on Polkadot.
What is Ether?
While Ethereum refers to the blockchain network. The native currency that flows within the Ethereum economy is called Ether (ETH). Ether is typically used to pay for transaction fees called Gas, and it is the base currency of the network.
What is Gas?
On Ethereum, all transactions and smart contract executions require a small fee to be paid. This fee is called Gas. In technical terms, Gas refers to the unit of measure on the amount of computational effort required to execute an operation or a smart contract. The more complex the execution operation is, the more gas is required to fulfill that operation. Gas fees are paid entirely in ETH.
The price of gas can fluctuate from time to time depending on the network demand. If there are more people interacting on the Ethereum blockchain such as transacting in ETH or executing a smart contract operation, due to the limited amount of computing resources on the network, Gas price can increase. Conversely when the network is under utilized, the market price of gas would decrease.
What options are there to store Ether and ERC-20 tokens?
The 3 most popular Ethereum based wallets are Metamask, MyEtherWallet, and MyCrypto. However there are many other options available as well such as Argent, Trust Wallet, and Coinbase Wallet.
I heard that a new version is launching called Ethereum 2.0. What is that about?
Ethereum 2.0 is an upgrade that aims to solve the blockchain trilemma - security, scalability, and decentralization. In alternative smart contract platforms, they are designed to be highly scalable but compromises on decentralization. Whereas a highly secured and decentralized blockchain network would have the trade off being highly unscalable. Ethereum 2.0 brings a very different flavor of design that aims to addresses those issues by way of using Proof-of-Stake (POS), Beacon Chain, Sharding, and Execution Environment. Due to the complexity of the project, the developement will take place in 3 phases. A Proof-of-Stake Beacon Chain have been deployed and users are staking their ETH as a sign of confidence of the upcoming network. Research and development are still in progress to roll out the remaining phases.
$AKITAUSDT entry PT .00000058-.00000061 Epic Parabolic!Akita Inu Coin Price & Market Data
Akita Inu price today is $0.00000133 with a 24-hour trading volume of $5,187,713. AKITA price is up 7.4% in the last 24 hours. It has a circulating supply of 0 AKITA coins and a total supply of 100 Trillion. If you are looking to buy or sell Akita Inu, Uniswap (v2) is currently the most active exchange.
100% decentralized community experiment with it claims that 1/2 the tokens have been sent to Vitalik Buterin and the other half were locked to a Uniswap pool and the keys burned.
ETHEREUM BROKE IT'S TRENDLINEBetter to be careful about Ethereum cause on the weekly timeframe, it broke it's nearly 2yo trendline with a double top and a negative divergence. So if you think about buying I would caution you to wait and see it's reaction to the prior support $2650 and ret fib levels like 0.5 and 0.618 .
Let me know in the comments what you think about it? What levels do you think are important?
See ya...