ETH has just had a strong correction and buying power has also returned and in the next few days ETH may recover back to the $3800 zone or may continue to rally strongly towards the $4600 zone. But if ETH loses the $3000 zone, it will fall sharply to the $2600 or $2400 zone

🔴Buy : 3320-3480$ 🔴Buy : 2930-3070$. SL if B 🔴Buy : 3700-3900$ if A. SL if B
🔴Sell : 3700-3900$. SL if A 🔴Sell : 4500-4700$. SL if A
🔵Sell : 2930-3070$ if B. SL if A 🔵Buy : 2540-2600$ 🔵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.