Ethereum 2.0 Priisfoarsizzing! HOW HIGH WILL ETH GO?

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I analyze ethereum price using 5 different factors to determine potential resistance. Because Bitcoin is consolidating, it a good time to trade other cryptocurrencies.

Also we go over the trade which I made as well as the ascending triangle which led to the breakout.

00:40 Breaking down the ascending triangle
02:05 My ETH breakout trade
03:27 Five ways to find potential resistance
04:02 Measured move of the ascending triangle
04:18 Measured move of the previous trend leg
05:48 Previous daily high
06:05 Diagonal trend line
06:25 Liquidity zone
07:00 Conclusion of 5 factors affecting resistance
07:50 If you want to enter a trade now

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Ethereum 2.0 Priisfoarsizzing! HOW HIGH WILL ETH GO?

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Created by Sara Bauer en Richard Abermann

28 comments

  1. 00:40 Breaking down the ascending triangle
    02:05 My ETH breakout trade
    03:27 Five ways to find potential resistance
    04:02 Measured move of the ascending triangle
    04:18 Measured move of the previous trend leg
    05:48 Previous daily high
    06:05 Diagonal trend line
    06:25 Liquidity zone
    07:00 Conclusion of 5 factors affecting resistance
    07:50 If you want to enter a trade now

  2. I´m still thinking it needs an initial push from Bitcoin that trigger a goldrush like feeling for Ethereum and other alts, at least among crypto traders. The fact that JP Morgan are now more open is also a good sign, even if their CEO Jamie Dimon maybe still hate Bitcoin and co haha As long as they show signs of interest and don´t go all out Goldman Sachs on it, it´s positive for the movement

  3. Ja, bitcoin will have to pump if Eth is going to get close to previous ATH’s. I think BTC could stay within its conolidation zone while eth reached the 250-260 range though.

  4. That’s a good question. firstly, exchange fees account for about 0.075% nei 0.25% of a trade depending on the exchange you use. Taxes will depend on the country you’re in but it’s understandably difficult to deal with them.

  5. @Matthe van Daalen ADA has nothing but delays and one partnership. Hoskins is notoriously hard to work with and I don’t see ADA taking ETH’s position anytime soon.

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