TradePlus-Fx

☑️ETHUSDT: acceleration for takeoff

Long
TradePlus-Fx Updated   
BITSTAMP:ETHUSD   Ethereum
➡️ In two years, ETH soared by about 530%, while BTC during the same time, Bitcoin by about 200%. And despite the fact that in terms of capitalization BTC still exceeds ETH, the latter turned out to be the most effective instrument, as can be observed based on the growth over the specified period.

According to Stefan Wellett (co-founder of FRNT Financial Inc.), Bitcoin is viewed primarily as a hedge against inflationary risks, while ETH acts as a foundation for cryptocurrency companies. Many institutional investors see ETH as a promising cryptocurrency. As a result, investment in Ethereum funds is increasing.

The value of this asset will continue to grow, as it is expected, and the ETH will undoubtedly attract the attention of market participants. Technically, the cryptocurrency is above the important level of 4024.90$, which clearly indicates a bullish mood (this level is indicated in the comments on chart D1).

In this regard, it is supposed to enter the purchase. The parameters of the deal are in front of you. Stop Loss is placed at the level of 4334.07$, and the target will be the level of 4770.65$. The potential of ETH, of course, is much higher.

🔔Proposed deal for this tool🔔:
🔵Entry Point - 4407.53
⛔️Stop Loss - 4263.00
✅Take Profit - 4754.37

Thanks for your comments and likes👍

👇🔥LINKS TO PREVIOUS IDEAS AND FORECASTS🔥👇
Comment:
D1 chart of ETHUSD 👇

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