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ETHEREUM (PROOF OF WORK)/USD TETHER PERPETUAL SWAP CONTRACT

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ETHWUSDT.P trade ideas

ETHW/USDT Assessing Potential Moves from Support Retest? 👀 🚀💎 Paradisers, let's focus on #ETHWUSDT as its showing an interesting setup. Positioned for a retest of a key support level, it is indicating potential for its next market move. 💎 #EthereumPoW has been maintaining strong momentum above the EMA. If it can continue this trend at the key support level of $2.3499, we could see a bullish continuation. 💎 However, if ETHW fails to uphold its strength above this support, we might need to shift to Plan B. This could involve anticipating a bullish rebound from a lower support level at $1.8855. 💎 It’s crucial to consider another possibility: if #ETHW breaks below the $1.8855 support, it could signal the start of a downward trend. 💰🌴
by MyCryptoParadise_Simon
2
ETHW Momentum Alert: Buy LTC for Maximum Gains!"**Short Fundamental Analysis** EthereumPoW (ETHW) is a hard fork of the Ethereum blockchain that emerged following the Ethereum Merge, which transitioned the main Ethereum network to a proof-of-stake (PoS) consensus mechanism. ETHW retains the original proof-of-work (PoW) consensus mechanism, which relies on miners using powerful hardware to solve complex cryptographic puzzles to validate transactions and earn ETHW rewards. **Recent News** * **October 4, 2023:** ETHW price reached an all-time high of $117.17. * **November 15, 2023:** ETHW announced plans to remove the scheduled difficulty bomb, which would have made mining on the network increasingly difficult. * **December 12, 2023:** ETHW integrated Chainlink's decentralized oracle network to provide real-time price feeds for ETHW. **Risks** * **Competition:** ETHW faces competition from other PoW cryptocurrencies, such as Bitcoin and Litecoin. * **Centralization:** The ETHW network is controlled by a small group of miners, raising concerns about centralization. * **Regulation:** The cryptocurrency industry is subject to increasing scrutiny from regulators, which could impact the future of ETHW. **Investment Disclaimer** Investing in cryptocurrencies is a highly risky endeavor. Cryptocurrency prices are volatile and can fluctuate significantly. Investing in cryptocurrencies should be done with caution and only after careful consideration of the risks involved. Please note that the information provided is for informational purposes only and should not be considered financial advice.
Long
by MoonTradingForecast
ETHW Growth Spurt: Buy Your Ticket to Profit!"*Fundamentals** Ethereum Classic (ETHW) is a fork of the Ethereum blockchain that occurred in August 2021 following the implementation of EIP-1559, a network upgrade that introduced a fee-burning mechanism. ETHW proponents argue that EIP-1559 is a deviation from Ethereum's original principles of decentralization and immutability. ETHW is a proof-of-work (PoW) blockchain, which means that it relies on miners to validate transactions and secure the network. PoW is an energy-intensive process, but it is also considered to be more secure than proof-of-stake (PoS) blockchains, which are becoming increasingly popular. ETHW is a Turing-complete blockchain, which means that it can be used to run decentralized applications (dApps). However, ETHW's development activity is relatively low compared to Ethereum, which limits the number of dApps that are available on the platform. **Recent News** * **ETHW successfully transitioned to the Istanbul hard fork in September 2023.** The Istanbul hard fork included several improvements to the ETHW network, including bug fixes and performance enhancements. * **ETHW is working on a number of initiatives to improve its scalability.** These initiatives include the implementation of Layer 2 protocols and the development of new consensus algorithms. * **ETHW's community is growing.** The number of ETHW developers and users is increasing, and the project is gaining traction in the cryptocurrency industry. **Disclaimer** Please note that this information is for informational purposes only and should not be considered investment advice. The cryptocurrency market is volatile and risky, and there is no guarantee that ETHW will be successful.
Long
by MoonTradingForecast
ETHWUSDT"As we enter the bullish season, the initial target to aim for is target : 30 🎯. This is based on a combination of technical analysis indicators and market trends. However, it's important to approach trading with caution and adapt to changing market conditions. Keep an eye on key support and resistance levels, as well as any significant news or events that may impact the market. Remember to use proper risk management techniques and consider setting profit targets along the way. Happy trading!"
Long
by MKO_Trading
#ETHW/USDT 8h (Bybit) Falling broadening wedge breakoutEthereum PoW looks good for bullish continuation after regaining 100EMA support. ⚡️⚡️ #ETHW/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (2.2X) Amount: 4.9% Current Price: 2.030 Entry Zone: 2.029 - 1.887 Take-Profit Targets: 1) 2.394 2) 2.721 3) 3.049 Stop Targets: 1) 1.594 Published By: @Zblaba EURONEXT:ETHW #ETHWUSDT #Ethereum #PoW Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0 Expected Profit= +49.0% | +85.7% | +122.6% Possible Loss= -40.9% Estimated Gaintime= 1-2 months ethereumpow.org
Long
by TradingOn
2
ETHW, a rather good long term investment.Here is what we have on the weekly data. ETHW is currently sitting at a major order block support at 2.0 levels. I expect some significant price growth from here. This is a legacy coin of the original ETH, and I feel there is a real intrinsic value on it -- certainly a long term term investment. SPOTTED at 2.5 TAYOR safeguard capital, always. ------------------------------------------------ What is Ethereum PoW? Ethereum PoW is a hard fork of the Ethereum blockchain, created in opposition to the Merge. ETHW is supported by some miners who did not like Ethereum's move to Proof-of-Stake (PoS). The Ethereum PoW coin retains the original consensus mechanism, Proof-of-Work (PoW).
Long
by JSAL
ETHW/USDTPROJECTS TO ACCUMULATE FOR NEXT HALVING CYCLE (2024-2025). #ETHW add this one in accumulation list also for next halving bull cycle (2024 - 2025). Accumulation zone is mentioned on the chart itself. We'll provide few setups to accumulate for next halving (bull) cycle. watch this space for more such setups which can help you to create your long term portfolio for next halving. Always DO YOUR OWN RESEARCH before taking any trade or before investing your hard earned money. Suggestion/Tip – It is always better to take profit, whether all the zones are bought or not. If you like the idea and benefited from it please like , share & comment to keep us motivated. NOTE - PATIENCE IS REQUIRED FOR MAXIMUM GAINS.
by EsCApetHEmAtRiCS
Does ETHW have a future?Ethereumpow - After the "merger" of the Ethereum network, a new Ethereumpow coin appeared. This cryptocurrency is a fork of miners who want Ethereum to keep its original proof-of-work. Ethereumpow Crypto works the same way as the original version of the network. That is, Ethereumpow is based on the original ETH consensus method, Proof-of-work. Indeed, some miners found themselves out of business after updating the original Ethereum blockchain. If something does not go according to ETH's plan, it can fly up very well) So, take a note) By TA I marked a zone for buying)
Long
by AleksDu
1
ETHW MEDIUM TERM BULLISH CONTROL Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. ETHWUSDT, as we clearly see price is around a strong support zone from daily time frame Where we will be searching for new longs right! As we can see in the picture for the bulls to kick in from a medium-term perspective, we need a break above the marked swing high Then we can say yes, the bulls are in Until that happens, we are still overall bearish, and we can still trade lower and lower to dive more before the bulls kick in and as usual follow your trading plan and manage your risk. Be patient and good luck!
Long
by Hadi_karaali
ETHW 3.4$ TARGETETHW is one of the worst crypto of all time. Its poor performance is due to the lack of developper, free airdropped coin and high inflation. Since the merge 570 000 ethereum proof of work were minted, that a strong selling pressure on a crypto without buyers. Binance will not list it because coinbase have more than 10m free ethw coins and will be dumped on if they list. The airdrop was done poorly keeping large exchange holdings ethereum on board, generally speaking airdrop projects blacklist large entities to not being taked as hostage and let users get their share by withdrawing their coins on their wallets. Miners mining it at loss would not keep on mining and will migrate to better project like raven coin and etc. If it breaks its last support it can go to 3.4 and then to zero, because at this point this project will be deserted.
Short
by worldlyCake96255