The 3000$ zone is very important to ETH and the buying force is coming back strongly to protect this zone. So if it doesn't lose this zone, ETH will recover up to 3400$ and 4000$ zones to conquer these zones to keep moving up to 4800$ and 5600$ zones. But if it loses this 3000$ zone, ETH will fall down to 2400$ zone

🔴Buy : 2930-3070$. SL if B 🔴Buy : 3320-3480$ if A. SL if B
🔴Sell : 3320-3480$. SL if A 🔴Sell : 3900-4100$. SL if A 🔴Sell : 4700-4900$. SL if A 🔴Sell : 5500-5700$. SL if A
🔵Sell : 2930-3070$ if B. SL if A 🔵Buy : 2340-2460$. SL if B
📈Red Arrow : Main Direction as BUY & SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of 1-day candlestick is Above the zone 🅱️B : The Close price of 1-day candlestick is Below the zone

  • Ethereum is a decentralized network (often referred to as “the world computer”), created by Vitalik Buterin in 2013. Its network consists of an open-source, globally decentralized computing infrastructure, which executes programs called smart contracts. This network is fueled by a cryptocurrency named ether (ETH).
  • Since its ICO in 2015, Ethereum has relied on Proof of Work (PoW). Ethereum’s first block was mined in July 2015, although plans have been made to migrate to a Proof of Stake (PoS) consensus model, despite several setbacks.
  • Unlike Bitcoin, Ethereum is based on an account model (vs. UTXO) to record state changes. At its core, Ethereum relies on a Virtual Machine (EVM) with two types of addresses: externally owned addresses (EOAs) and contract addresses that are deployed on the EVM.
  • As of March 2020, Ethereum was the second-largest cryptocurrency by market capitalization. It has popularized the use of smart contracts, and thousands of teams are working on third-party solutions on the network for real business applications.