Ethereum (ETH) Overview
Ethereum (ETH) is a smart contract platform that enables developers to build decentralized applications (dapps) conceptualized by Vitalik Buterin in 2013. ETH is the native currency for the Ethereum platform and also works as the transaction fees to miners on the Ethereum network.
Ethereum is the pioneer for blockchain based smart contracts. When running on the blockchain a smart contract becomes like a self-operating computer program that automatically executes when specific conditions are met. On the blockchain, smart contracts allow for code to be run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference. It can facilitate the exchange of money, content, property, shares, or anything of value. The Ethereum network went live on July 30th, 2015 with 72 million Ethereum premined.
Ethereum (ETHBTC) Chart Analysis
If Bitcoin is the King then Ethereum most be the Queen... Ethereum (ETH) is the second biggest cryptocurrency project by market capitalization according to CoinMarketCap.
Ethereum has its own reality and ecosystem within the cryptocurrency markets, most exchanges allow trading directly against Ethereum on top of Bitcoin, let's take a look at the chart for this pair and see what is going on... We have potentially reached a low point, ETHBTC is now marking a triple bottom... Let's get started!
Long term chart:
- Here we can see the triple bottom market on this chart.
- We also marked for you the profits potential and different targets.
- Additional targets for long term trades will be shared on the trade details below...
Ethereum (ETHBTC) Full Long-Term Trade by Alan Masters
Buy-in: 0.0248 - 0.0256
Next support: 0.0231 - 0.0242
Ethereum (ETHBTC) PREMIUM Targets:
Short and mid-term
Profits potential: 169% - 721%
(Buy-in calculated at 0.0250)
Stop-loss: Close weekly below 0.0220.
Capital allocation: <25%.
We might get the wrong idea when we think about the future.
We might get lost... We are taught to cherish the present, live the present, be in the moment... That's where we are.
But how to change?
How to experience the life that you want if you can't focus on what comes next?
How can I change my future, if I can't see what will happen for all of us?
I am asked to start visualizing by feeling, but the feeling that I am looking for isn't in the present, so the future again is already lost.
What's going on?
Focus on the present!
You are already in the future, your future...
Because the FUTURE IS GROWTH.