ETHGBP D1 Same stands for ETH. We are a little clearer here with regards to trading zones. But we are really looking for some volume if we are looking to trade this pair, or happily sit on DCA entries for long term investments.
ETHGBP D1 Much clearer here for Ethereum GBP, flat trading zones, measurable trading zones, more of what we are used to. Latest S/R zone holding after we broke and subsequently retest.
I think my last chart was a little modest as to the target, so I have revised it to test all time highs again!
We have broken the upper diagonal and now have higher targets insight!
Another example of an Inverse Head & Shoulders Pattern making the absolute target and now come down to test the 21EMA and neckline! NB: Bitcoin similar outcomes.
BINANCE:ETHGBP R/R ratio 1.56. EMA 21 moving down to touch EMA 50 1D. RSI close (yet still above) midline. It had crossed the signal line about 1.5 hrs before. MACD crossed top-to-bottom the signal line (~40 min ago), trending down. 4H: Bull D: Lateral W: Lateral
BINANCE:ETHGBP R/R ratio 1.13. EMA 21 recently crossed EMA 50 1D. RSI above midline and signal line. MACD above signal, trending up.
In my eyes this is looking like a "Leading Diagonal" in a bull market with already making a 5,3,5,3 & (5?) sub-waves. thepatternsite.com
eth is forming a head and shoulders pattern on the daily chart, it will hit £1,900 mid march at the same time interest rates will increase.
ETH GBP is heading to the direction as expected hopefully after a day of fall .
ETHGBP D1 Again, another setup taken from last week, higher timeframe daily candles take a little longer to unfold, obviously. However, new week, it's important to highlight the full watchlist from the start and follow through what unfolds as expected! More aggressive selling pressure on ETH as compared to BTC. Hopefully we see a bounce from £2300 up towards...
ETHGBP D1 Very much the same investing stance on ETH as we have on BTC. We are looking for these daily support trading zones where we can look to average our entries to increase our position size. The first support region (DCA entry point) would be £2350 ish, or as low as possible around the support region, you'll note we dipped to £2300. A break beyond this...
ETHGBP D1 Until we see a nice shakeup, I think I'll just pick one or two of the bunch that are most technically pleasing and clear. Crypto has been sluggish for the last couple of months after general all time high threats across the Crypto board. Looking for deeper corrections generally across the Crypto space, BTC $40k, ETH £2k and others to follow suit. We...
In the last rally, it tested the two resistant before turn into support. It then continue the uptrend. Similar resistant has been tested and it is currently retest the support for 3 times as before. It is quite likely it will continue the uptrend like before.
During BTCs flash crash causing the rest of the market to fall didn't impact ETH as much as it impacted the rest of the alt coins. eth has been on a steady rise since January. when ETH broke out of this channel and reached a previous ATH it shortly after fell within the channel. Furthermore, when ETH fell below the channel it soon re-entered the channel on a push...
ETHGBP H4 This bull run have been extending for a solid 5/6 weeks, a correction would be nice to pull us back into the mid 2000's, maybe £2500 to £2300 if we are lucky. Very clear and clean trend with healthy pullbacks, but nothing on a D1 pullback yet.
Profit Taking Mode at the moment - need to hit 3230 and close above for the push higher. Seeing more Bull than bear on this.
I’m hoping this way is the way will be heading in the next moves