Ethereum Bullish Breakout after six months of Consolidation
Updated
As you can see on the Log chart there was a huge Bullflag and Consolidation over six months period and we are now in Bullmode that could last a few months with the height of the last Flag.
In 2018 there are a lot of dApps going live and Proof of Stake (POS) being implemented eventually.
We will see Projects like Shapeshifts Prism Exchange running on Ethereum Blockchain (i am already beta testing for a few month) and EthFinex decentralised Exchange (by Bitfinex).
We already see Blockchain Usecases besides Cryptocurrencies and Finance with Ethereum, like Identity (City of Zug/Switzerland using uPort), KYC, Supply Chain Tracking, Sharing Networks, to name a few.
More than 300 Major Companies are collaborating on Code for Ethereum and have joined the Enterprise Ethereum Alliance.
And there are rumors of Ethereum Futures coming soon.
I have never seen a more promising Investment.
This has just started and it is still early days.
In 2018 there are a lot of dApps going live and Proof of Stake (POS) being implemented eventually.
We will see Projects like Shapeshifts Prism Exchange running on Ethereum Blockchain (i am already beta testing for a few month) and EthFinex decentralised Exchange (by Bitfinex).
We already see Blockchain Usecases besides Cryptocurrencies and Finance with Ethereum, like Identity (City of Zug/Switzerland using uPort), KYC, Supply Chain Tracking, Sharing Networks, to name a few.
More than 300 Major Companies are collaborating on Code for Ethereum and have joined the Enterprise Ethereum Alliance.
And there are rumors of Ethereum Futures coming soon.
I have never seen a more promising Investment.
This has just started and it is still early days.
Trade active
Looking bullish as expected, a lot of upside in this trade. The psychological barrier of $1000 is not as strong as before bitcoins bullrun this year. We know that Ether can go much higher because bitcoin did it too. The Ethereum Platform is just getting started and is growing fast, so we are still in early stages.
Trade active
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