I think we are most likely going to see something similar to the inverse of the previous price action for the short term. I've marked the area I copied the price from and you can see it's quite similar.
As we know history likes to repeat itself + we have the descending nature and the double bottom for some extra confluence.
Also, we are getting a decrease in...
A target of £2000 GBP this week. There was some bit of sideways over the weekend but the overall up trend remains intact as from the previous price prediction.
ETHGBP H4
Again, very much the same as what we have here for ETHEREUM, a break above 2100-2200 and relevant H4/D1 close before a subsequent pullback would be perfect confirmation that we are back bullish bias again.
Breaking out of our bearish consolidated trading zones and climbing higher, good signals for long trading and investment additions. 5R up to previous high.
Confluences:
Intraday KL, 38.2% held support, 3rd touch on a Key level signifying with buying pressure increasing, 4th touch on trend line.
Looking to Exit at around the 1400 where price was rejected on two occasions
As you guys know it rejected the 1.4K USD earlier on today. Hope you took profits but the analysis shows it’s going to have another pump in the coming days.
COINBASE
