#ETHFI/USDT BUY SETUP ETHFI has successfully broken out of | Shamiiii on Binance Square

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#ETHFI/USDT BUY SETUP
ETHFI has successfully broken out of the descending triangle pattern and completed a successful retest, with the Ichimoku Cloud now acting as strong support. A significant upward move appears imminent. 🚀

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#IMX continued its move and moving back and forth the drawn zone. Price again back to the zone, we can scale in here targeting next resistance.

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BSW buy and hold big PUMP soon

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#BTC☀ has surged above $90,000! 🚀 The Bitcoin network boasts over 1+ billion addresses, yet only 53-55 million are active with a non-zero balance. The true hodlers continue to show their unwavering support for the market!

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What Is a Tipset? A tipset is a term mostly used to describe the blockchain of decentralized storage system Filecoin. Filecoin’s consensus mechanism is built on tipsets, as their Expected Consensus system (unlike Bitcoin) is election-based and allows for multiple miners to be the elected leaders in a round. This means that Filecoin (or another similar storage system) allows more than one storage miner to create blocks in one epoch, which in turn increases the network throughput. Basing a blockchain on tipsets can also contribute to the security of the network: simply put, since each tipset’s weight is relative to the amount of storage it provides, any node that attempts to disrupt the creation of valid blocks must contend against the consensus’ preference for heavier chains. Filecoin’s tipset system is similar to Ethereum, since the system motivates participants to collaborate and prevents work being wasted through an increase in chain throughput. The advantages of using a tipset system are that miners will gather together to support the heaviest chain, or the chain that is creating value — this is because decentralized storage systems naturally prioritize chains that are offering more storage. Tipsets that are lighter chains become orphan blocks, since they don’t have the draw of greater storage power.

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#LINKUSDT The period between May 2022 and October 2023 is the first accumulation after the bear market, then we have the first bullish breakout or relief rally, the end of 2023 and the beginning of 2024. Now we saw a correction and everything stopped, won. Don't make new lows, for the market to be technically bullish it has to make a higher low to continue up, you can see this clearly on the chart. Now think of $86 and the current price and you have a target of 535%. And this is a conservative price, thinking about what Bitcoin is doing, early in the game, tells us that prices will go much higher by the end of the next bull phase. For LINKUSDT, we can consider even 130, 178 (1200%) or more, 224.

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