Ethereum / British Pound

COINBASE

ETHGBP

This 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!

Hit 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