Net buying of $ETH long positions and OI are increasing even faster.
Upward momentum is becoming stronger. https://t.co/zlCmHuaBtB
Net buying of $ETH long positions and OI are increasing even faster.
Upward momentum is becoming stronger. https://t.co/zlCmHuaBtB
#Altcoins
Wooow, ETH/BTC have just broken out of the downtrend that has been in place for 6 MONTHS.
this is a massive bullish sign tbh. https://t.co/8F9JMLxw1E
#Altcoins
ETH/BTC is just days away from breaking out of its 6 MONTH downtrend.
Very bullish times are ahead for alts ladies & gentleman. https://t.co/Hr11gUFeal
$ETH
Ethereum currently follows a similar structure as Bitcoin. The basic assumption remains that we are still in a larger corrective upward movement that can still expand – provided the price holds above 2027 USD in the next pullback.
The support zone must be continuously adjusted until Wave (1) has formed a clear top.
Ethereum (ETH) is a decentralized platform that runs smart contracts, defined as applications that run exactly as programmed without any possibility of downtime, censorship, fraud, or third-party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk. The project was bootstrapped via an ether presale in August 2014 by fans all around the world. It is developed by the Ethereum Foundation, a Swiss non-profit, with contributions from great minds across the globe.