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ETHGBP

Ethereum broke downSeems like the entire crypto market is in heavy correlation. This is ETHEREUM INDEX! Find similiar structure on ETHUSD chart and trade accordingly. Same structures on BTCUSD, XRPUSD and ETHUSD. So all this applies to BTC as well. At any case, we have enough DM qualifiers to define this as VALID and GOOD breakdown. Max where price can go it is descending trendline and pivot (red line) retest... Breakout projection points exactly where we will end! PS When you trade use only the most recent price action levels. It is irrelevant what price did centuries ago! This is my viewpoint and no financial advise.
GEMINI:ETHUSDShort
by ICFX
2
ETHGBP - Rising Wedge - Not Looking GoodRising wedge clearly formed on ETHGBP pairing, breakdown out of the wedge with a target of 100-95GBP will take it nicely to the 0.236 FIB which is also support from December plus R turned S back from late 2018. RSI also showing Double Top although middle of the road, not yet overbought The state of the oil industry cannot be excluded as an external factor that could have ramifications across the crypto world as bag holders start to cash in
Short
by CryptoSampha
4
Time to buy ETH again?I think it's time to jump back into altcoins or at least $ETH which the chart shows a great buying opportunity, both on ETHBTC and ETHUSD chart. If you take a look at the chart on 4 hour time frame (4h charts works well most of the time in crypto space especially when both RSI and MACD is at a low level). ETHBTC 4h makes me want to switch BTC to ETH, another reason I decided to do so is the rising wedge pattern completion point on ETHUSD 4h chart. ***THIS IS NOT AN ADVISE, I AM NOT YOUR FINANCIAL ADVISER!***
Long
by JoE
Possibility of movement for ETHGBP over the next couple of weeksHi fellow traders, This is a strong possibility for Ethereum in my opinion. I'm not yet fully convinced this current bullish state will continue as we haven't even taken out any previous lows so far. This idea is completely short biased analysis to predict a potential continuation of the bearish move. I will publish a long biased prediction sometime soon, followed by my analysis of what I think is most likely to happen. **Don't take trades based purely on my ideas shared with you; I'm just providing an idea for people who are after some knowledge of what could happen. You should conduct your own analysis and research to build up your own predictions** Reiss
EShort
by Reiss_Amara
ETH is about to beat BTC hardETHBTC has likely formed a falling wedge pattern which is bullish. Entering a long position here is ideal considering the fact that ETH is easier to analyse on weekly chart. if we keep going up the MACD will certainly give us a golden cross which would accelerate the move to the upside.But, as I said in LTCBTC idea , considering the current situation that BTC -3.28% is in, I will only risk 10% of my crypto portfolio on this trade. TRADE WITH YOUR OWN RESPONSIBILITY, THIS IS NOT AN ADVICE.
Long
by JoE
2