Hi Traders,
We are looking at the week graph of ETH/USDT.
We could see mr Elliot wave in the making.
Also
-EIP 1559 (burning fee's) could be seen as a "share buy back" making a ETH rarer.
-Ethereum is the blockchain platform (for now)
-When ETH start rallying, "every body" will start staking (why not)
- If not staking, then holding in cold storage
- In the meanwhile, ETH is still being burned
Target $6500
This is not financial advice
Have a good one
We are looking at the week graph of ETH/USDT.
We could see mr Elliot wave in the making.
Also
-EIP 1559 (burning fee's) could be seen as a "share buy back" making a ETH rarer.
-Ethereum is the blockchain platform (for now)
-When ETH start rallying, "every body" will start staking (why not)
- If not staking, then holding in cold storage
- In the meanwhile, ETH is still being burned
Target $6500
This is not financial advice
Have a good one
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.