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Ethereum (Cryptocurrency)

#UMANGDAIRY #stockmarket Flag pattern breakout retest 25% return#UMANGDAIRY NSE:UMANGDAIRY CMP: 58.80 Target: 73++ Might hold above 73 as well. Stop Loss: 48 Time frame: Less than 2 months. Keep trailing stop loss. Factors: Rising Volume with rising Prices. Channel Median breakout. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher High & Higher Low. Broken above resistance. Trading at support. Fundamentals are strong. Risk Return Ratio is healthy. And Bullish Wedge FLAG formed. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:UMANGDAIRYLong
by Rachit_Sethia
Ethereum (Triangle pattern)Elon Musk's tweet on bitcoin had hitted crypto market badly, Ether(Crypto currency of Ethereum) had been falling from past few days, and currently ether is at one of its strong support. But we know that Ethereum is much better than bitcoin because it is not only used for transactions but it is a complete platform for development of decentralised applications, and for maintaince and using those dapps(decentralised applications) we require ether. So there is actual real life demand for ether, Elon Musk tweeted about high energy consumption by bitcoin, ether uses much less energy than bitcoin and we know ether is in the process of shifting to proof of stake system. Proof of stake will further reduce energy demand, making it more eco friendly, it will also increase number of transactions per second from 14 to above 1500. Further more according to EIP 1559, from July 15, few amount of ether will be burner(destroyed forever) with every transaction. This will make it more valuable than bitcoin because it will constantly reduce supply of ether, since some amount of ether will be destroyed with every transaction. Supply reduced = Price Increase. People don't understand blockchain technology like once they didn't understood computers, but if anyone would invested at that time, he would had seen huge profits, similar thing happened with internet, and this is web 3.0(blockchain). Because of all these upgrades, I see great demand increase of ether in upcoming months So it will be wise to understand that this fall in price is only for short term, ether will rise in long term. And a triangle pattern on a strong support indicates a reversal. It is advised to buy ether at any price below $3500, profit will be seen in short term, but if you are able to hold it till end of August(long term), it will be above $10,000(because of all the reasons given above)
BITSTAMP:ETHUSDLong
by AniketK07567339
No Signs Of Stopping | Ethereum To $4,444+ Or $5,000+ ??? EtherEthereum (ETHUSD) continues with its very strong bullish bias and price discovery action... How much higher can it go? Everything continues to point higher. More and more adoption news, events taking place. More companies integrating cryptocurrencies into their platforms. Something many believed was impossible just a few months ago. We held through the entire bear market. We continued to be positive, we fought, we cried, we lost... Now, we are rewarded a 100 fold. We trusted the market, our feelings, the charts, the signals, the vision, the dream... Everything that crypto was promising has become true and the market continues to evolve. We could not predict NFTs nor DEFI, but these are also growing and there will definitely be more. Innovation is what this market is now becoming known for. Ethereum is showing no signs of stopping... Let's see how far up we can go. The targets are mapped on the chart. What's your take... Correction or more growth? Share in the comments with us. Namaste.
BITSTAMP:ETHUSDLong
by AlanSantana
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