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moonypto
Oct 30, 2022 9:51 AM

Ethereum (ETH) Long

Ethereum / TetherUSBinance

Description

After huge pumps in crypto market we will have a little correction
Ethereum price today is 1.6k with a 24-hour trading volume of 14.4 billion dollars

on June we had a crazy Volume for eth and whales buys the dip which is a very good sign for eth price in future
Eth under 1k is a most buy and 1k-2k is a dip for eth, as you can see in weekly time frame eth trys to make a W pattern an bulls try to back at 1900$

2000, 2500, 3500 and 4500$ are the most important resistance for Eth and huge opportunity for scalper traders


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MicroStrategy Could Be Up 1.5B If It Had Bought Ethereum Instead

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1170 and 1100 are next targets

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Citron Research, the most famous short-selling agency, said that it will continue to short ETH as they believe this $130 bil token has as many common sense flaws as does the whole SBF story

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we hit the first target 1170 ✅

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The FTX hacker address is converting a large amount of ETH into BTC. Today, about 30,000 ETH has been exchanged into RenBTC, and 1070 BTC has been transferred to the BTC network.

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Eth weekly chart, still in downtrend

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1h tf

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The supply of ETH decreased by a net of 10,145.72 in January, with a net deflationary value of approximately $16 million. The current total supply of ETH is 120,515,722, with an annual growth rate of -0.012%, according to ultrasound money

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1699 res looks strong

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The Shanghai upgrade will activate on the ETH testnet Sepolia network at epoch 56832, scheduled for 4:04:48 AM UTC on Feb. 28. This upgrade follows the Merge and enables validators to withdraw their stake from the Beacon Chain back to the execution layer

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The Ethereum Goerli testnet is scheduled to undergo a Shanghai upgrade on March 14, followed by a mainnet upgrade during the 2nd week of April.

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we hit the first target

Trade active

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BlackRock has registered the Ethereum spot ETF 'ISHARES Ethereum Trust' on the Delaware site.

Trade active

Trade active


100%

Trade active


we hit our third target too
Comments
behdark
Keep it up, I enjoy your analysis
moonypto
@behdark, thanks buddy
TradingBrokersView
Thank you. Holding similar positions.
moonypto
SwallowPremium
Thanks for the quality explanation, good analysis. Thanks for sharing!
moonypto
@SwallowPremium, its kind of you
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