ETHPoW (ETHWUSD) is on an extremely strong 1D candle having closed the November 09 gap and is now targeting the 6.1300 November 08 High, which basically started the collapse to its market bottom.
This is an unstoppable gap fill push on a U shaped recovery that eyes a complete long-term reversal. We can see the next consolidation within the 6.1300 - 7.6100 Highs...
ETHW is one of the worst crypto of all time.
Its poor performance is due to the lack of developper, free airdropped coin and high inflation.
Since the merge 570 000 ethereum proof of work were minted, that a strong selling pressure on a crypto without buyers.
Binance will not list it because coinbase have more than 10m free ethw coins and will be dumped on if they...
ETHW looks like its about to make its next run up. This will be wave 3 and the previous high around $14 will be a blip on the chart. I can see ETHW running to about $40 on this next run and possibly higher depending on how much attention it receives. I think the bottom was around $7.60 like I predicted in my previous chart which was major support. Invalidation...
ETHW had a nice run yesterday. It hit most of my targets from my previous chart: however it did not make it to the $18 resistance but this coin is so new, support and resistance levels have not really been established fully yet. So ETHW pumped after testing support and is now coming back down to test that same support. A double top has formed and if support is...
ETHW has formed what looks like a nice cup and handle . There is a nice increase in volume this morning and the price is beginning to creep back up towards $14. If ETHW breaks $14 and closes above on at least an hourly then I would say the pattern is complete and a measured move to at least $24 dollars, and then $34 if its still going strong at $24. I will be...
ETHW has formed what looks like a nice cup and handle. There is a nice increase in volume this morning and the price is beginning to creep back up towards $14. If ETHW breaks $14 and closes above on at least an hourly then I would say the pattern is complete and a measured move to at least $24 dollars, and then $34 if its still going strong at $24. I will be...
ETHW has been moving up steadily. I see lots of buy orders on exchanges with many less sell orders. This is being accumulated in my opinion and is about to rocket back up to previous highs. Next major resistance is around $18 maybe a few stops and bounces on the way to $18 around $10 and $13 but this could run quick since there really is not many to buy at the...
I went back to when Ethereum Classic originally forked from Ethereum back in the day and wanted to see what the price action was like then to see if I could compare it to the new fork ETHW . What do you know the fractal looks eerily similar just on different time frames. Might be a good potential long here on ETHW . This is not trading or financial advice this is...
I went back to when Ethereum Classic originally forked from Ethereum back in the day and wanted to see what the price action was like then to see if I could compare it to the new fork ETHW. What do you know the fractal looks eerily similar just on different time frames. Might be a good potential long here on ETHW. This is not trading or financial advice this is...
Ethereum was working just fine but the genius Vitalik Buterin thought it would be a good idea to move to POS. This has to be the dumbest move in history. For what? To save power? Are you kidding me? Do you realize how much energy is used in all those giant banking buildings around the world? Ethereum was maybe 1/1000th of the amount of energy that the banks...
ETHW has been really volatile and bearish because everyone is selling their free ETHW. I think the ones who sold now will regret it in the future but thats just my opinion. A nice cup and handle has formed and a measured move would bring ETHW to around $9.5 and an extended target of $10.5 is possible as well which is also a resistance zone. There isn't very...
ETHW (ETH PROOF OF WORK) 4 hr chart
just looking bat this chart, I see right away
Hidden Bullish Divergence...thats where the
RSI (RELATIVE STRENGTH INDEX) charts a
higher low and the price charts a lower low.
Bc its so new and not alot of Data, that what i
see right now quickly. Ill keep it updated.
I see its still holding $8.00 which is big support
this short...
Paradigm explained that:
“We can infer how much the market estimates ETHPOW will be worth from simply looking at spot-future basis, since spot = PoS + PoW, while future is just PoS. Currently, the basis implies ETHPOW to be priced ~$18, which is ~1.5% of ETH market cap.”
Ethereum pow can increase to 18$.
ETHW (ETH PROOF OF WORK) 4 hr chart
just looking bat this chart, I see right away
Hidden Bullish Divergence...thats where the
RSI (RELATIVE STRENGTH INDEX) charts a
higher low and the price charts a lower low.
Bc its so new and not alot of Data, that what i
see right now quickly. Ill keep it updated.
ETH daily chart...Of course the Merger happened
from "proof of work" to" proof of stake" and so
far so good and the blockchain is running great.
Im looking for Institutions to begin coming in
from now on out. I also see ETH flipping BTC in
the coming few years. So take a look at the candle
hitting the trendline and looking for a bounce up.
If it breaks below...
ETHW this is an update to my previous analysis. ETHW broke down and the bull pennant failed. Now in a descending channel, finding support around $10.50. People are selling their free ETHW coins right now so we need to be patient. This is also so new so analysis is hard because of liquidity at the moment. If ETHW breaks down out of this channel then we could...
ETHW , ETHPOW, or Ethereum Proof Of Work, looks like its about to retest the previous high area. This could run pretty quick because there isn't very many coins for sale yet. The indicators are showing that a nice move is about to play out to the upside. Plus you never know this thing could really run. Lets say something happens with the new POS chain, where...
