Ethereum Updated#ETH Setup, +Educational Content
Accumulation ~ Range between two specific price.
Manipulation ~ Liquidity Grab.
Distribution ~ Price delivery.
PO'3 happen on every timeframe and single candle as well.
Key data points
Previous close
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Open
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Day's range
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About Market Cap ETH, $
Ethereum needs no introduction: the most popular altcoin in the market that has grown immensely since its launch in 2015, setting the bar quite high for others; the network that allows developers build other tools providing — among other things — for decentralized finance... The list of achievements is a long one. Among the latest is the adoption of the Proof-of-stake mechanism which has made Ethereum a greener alternative to the all-mighty Bitcoin. Clearly, any crypto investor is interested in Ethereum to some extent, so we've prepared the chart of ETH market cap, the number of coins in circulation times their current price. If you always wanted to, but doubted whether to buy ETH, the chart might help dispel your concerns — the rising line indicates investors' confidence and will to support the network. The opposite direction might be a sign to reconsider your strategy and prepare more effectively.
Cup and handle pattern Cup and handle pattern in ETH in daily time frame.
Consolidation stage right now.
Long #ETH Cup & Handle#ETH making a Cup & Handle on Daily chart
Cup depth of approx 2200 points
TGT 6200++
200 is the green signalLast time it faced the same resistance and support. It's going to bounce from the purple support line. If it breaks the resistance then there's no next resistance so far.
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Displays a symbol's price movements over previous years to identify recurring trends.