ETHGBP trade ideas
ETH/GBP 4 hourly Candle-Bar chart price targetsPossible ETH/GBP 4 hourly Candle-Bar chart price movements
ETH/GBP Coinbase Daily Candle-Bar chart price movementsPossible medium-term one month price movement of ETH/GBP.
Ethereum to the moon | Coinbase chart Review | June to Sep Ethereum is looking stable because there is less dumps in previous months. While Ethereum road is clear to the moon. Because as we have experienced and check the stability of Ethereum it's cleared. People can easily trade without any fear. It can go easily to 1000 USD till September. Because the currency is looking stronger as compare to other.
While main reasons
Price depends on 2 things
1- ERC20 Base tokens ICO
2- Whales
While Ethereum had bad experienced last year. Just because of many ICO scammed complete market and raised a lot of ethereum then sold out in a market to dump the volume of Ethereum. But this year it has been eliminated. Because recently market announced an IEO while people had experienced with past too. So therefore there is no more scam projects. If it is coming so they can't effort high class and unique exchanges while real project who has something to do in future they can. So it has eliminate scammers. While the real project spend that Ethereum on Development and many other stuffs. So it is a clue to Ethereum that they has now clean road to the moon. While Whales so they are ready to sell on high price because they are patient to wait and they are waiting for right moment. It can be found less than ICO. While Ethereum has good ICO and IEO rights now in which there is Solarex , Bitwings
Bitwing : Providing THE FIRST SMARTPHONE IN THE WORLD that produces up to 2 ETH/month For a 3 Year Mining Contract Priced at 6000 BWN so it's helping Ethereum. Because many people will come to know about Ethereum and it's value. So bitwing is one of useful project for Ethereum.
Solarex : " Solar Energy Blockchain Ecosystem Gearing Towards A Cheaper And Cleaner Energy For All " while Solarex is providing Energy in entire Africa. While Africa is facing inflation. So it's better opportunity for entire sub continent of Africa to know the technology of ERC20 and Ethereum.
New channel?Whilst I am still, for the long term, bullish, I think we've seen a new channel emerging on the ETHGBP chart. Any thoughts?
Extended Fifth Wave Structure In PlayThis rally looks to be unstoppable. The extended fifth has developed a further nested wave one, which is currently retracing. The last peak resulted in a further top-side break of the acceleration channel and there has been no motive-wave re-test of the under-side of the acceleration channel yet. This pair is currently making a parabolic advance. Very long indeed!
Breakout soon
I know I'm sticking my head above the parapet slightly by posting an ETHGBP chart but wanted to share my observations with you. The price has just broken through the resistance line and perhaps out of the wedge that was due to come to an end in the next hour or so. Could this be an indication of an increase in price? Maybe even the start of the inverted upper arm - hell, might even head towards the inverted elbow?
ETHGBP Long position from major supportHit major support at (230.50) Will buy and hold and hope to see bulls take the price to (606) which was a major resistance back at 06 May 2018
Quick ETHGBP Daily T + F (Long) Technicals
Low volume index supports bullish trend analysis.
price action on bigger frames support current trend.
Fundamental:
Pair's total market cap is under 1 million and is just a matter of time before it increases,
Ethereum showing signs of lifeEther looks to be going to test the current £248 ceiling for a 3rd time. I think it goes and we proceed upwards.
Ethereum in standstill but bullish undertoneThe bottom posted at about £100 seems to be holding on quite firmly and I think we may see a break for the upside. two levels I'm watching for are £228 and £281 for a potential pullback, but I think the trend should be up longterm.
If we do see a decline now, I think we chase the £133 handle and then begin a bullish run.
Ethereum bottomed out?Ethereum looks as though it may have found a bottom, and if that is the case, I foresee us climbing over the £600 mark. Ive included a rough prediction for how I think we could get there but it is still very early to confirm the 3rd wave move and everything after that, however, it is a reasonable scenario nonetheless.
Ive put up an alternative shorterm play below incase we continue with the current dip
Ether below £100A case for ethereum trading below £100 per coin looks very possible. We are seeing plenty of volume coming in at the bottom of every decline showing possible buy-side position building, but I doubt we have found a bottom yet. The £50-100 range looks like a good candidate for a bottom.
Ether suspensionLooks like Ether hit a wall and buyers and sellers are not yet decided on where to take this.
ETH starting a new bull cycle?ETH has held support at previous spike lows -
now showing signs of a breakout by making a new higher high and a break out at trend line should push back to 300£ a coin!
Good luck!
Ether Cycle completion.I think we have officially bottomed out. We saw substantial volume come in at the 61.8 retracement level and I think that that marked a 1st and 2nd wave completion. If so, I expect longterm bullish sentiment taking us above the £600 mark.
Ethereum in free-fallEthereum is really getting battered. 50% retracement level is struggling to hold the market up, will £133 offer us more support?
Ethereum jittersIm finding it hard to find a case for more bullish sentiment, initially I though we would go up, but now I'm not so sure. One the bring side, if we do consolidate lower there will be a great buy opportunity building.
