tips for traders
tips for traders

Tips for traders, 8 June 2021

In his recent interview, Vitalik Buterin finally spoke about why it took so long to implement Ethereum 2.0. According to the interview, the delay was also shocking for him because the main issue was not development but with humans, which he referred to as ‘internal personnel issues’.

From a technical perspective, Ether has formed an ascending triangle. As this pattern was broken today, there is a potential downside. The first potential target from the pattern is around $1,436-1,730. If the price closes below $2,170, there might still be another drop to $1,436-1,730. However, if the price closes below $2,170, it may form what looks like a double top, the target from which being as low as $1,470-1,545. Meanwhile, remember to manage risk correctly and trade responsibly.

OPEN A DEMO ACCOUNT

Disclaimer: the publication of tips for traders is a marketing communication and does not constitute investment advice or research. Its content represents the general views of our experts and does not consider individual readers’ personal circumstances, investment experience or current financial situation. Tips for traders are not prepared in accordance with legal requirements promoting independent investment research and Exness is not subject to any prohibition on dealing before the release of tips for traders. Readers should consider the possibility that they might incur losses. Exness is not liable for any losses incurred due to the use of tips for traders.