It has multi-signature functionality, a sleek and beginner-friendly design. It is also highly encrypted and gives you absolute control over your private keys. Additionally, Huobi Global recently introduced premium professional custodial services for both individuals and enterprises looking to store their digital assets above 10 Bitcoins safe. The Huobi Global mobile app – also known as Huobi Lite – is an app-based crypto trading platform for both Android and iOS device users.

Ethereum price gbp broke above the resistance line of the symmetrical triangle on March 31 and this triggered the buy recommendation given in the previous analysis. The ethereum to gbp bulls continued their buying and propelled the eth price gbp to a new all-time high of £1,549.98 on April 2. A strong rebound off the 20-day EMA will suggest that the sentiment has turned positive and traders are buying on dips.

This trade should not be attempted when the price is falling because if the bears sink the pair below £1,216.19, the decline could extend to £1,000. Huobi Global and eToro are two of the most popular crypto exchanges in the world today. They share a wide range of cryptocurrencies and tokens including the fact that they are available both as a web trader and a mobile app.

Huobi Global is committed to user education and has dedicated several sections of its website to teaching its users how to interact with the platform. These include the Help center, the knowledge base, the guide section, the derivatives academy, and the Huobi blog. They have also segmented the Huobi mobile app into Beginner and PRO trading sections to appeal to crypto trading enthusiasts. The Open order tab sits next to the order history tab at the bottom of the trading window and outlines all your open orders. The tab lets you monitor all your trading activity in real-time and simplifies the process of pausing and closing trades.

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A strong bounce off this support will suggest that ethereum to gbp bulls are buying the dips aggressively. A break and close below the 100-day SMA could result in aggressive selling, which could pull the price down to £1,759 and then to £1,663. A deep fall could drive away the dip buyers and may delay the resumption of the up-move. Contrary to this assumption, a breakout and close above the 20-day EMA will suggest that bulls have absorbed the selling by the bears. We would wait for the ETH/GBP pair to sustain above the 20-day EMA for three days before turning positive. The tight range trading in Ether resolved to the upside on October 1 when bulls pushed and closed the price above the 20-day EMA.

• The order book is an integral part of virtually all the trading pages of Huobi Global, especially the Spot Trading and Derivatives sections.
• Ether’s rebound could not even retest the 200-day simple moving average .
• A break and close below £2,160 could result in a decline to the 50-day SMA while a break above £2,500 may signal the resumption of the uptrend.
• However, the 20-day EMA is flattening out and the RSI has risen above 45, indicating that bulls are trying to form a bottom.
• Over time, competition from different blockchains that offer similar functionalities as Ether shall also impact Ethereum’s users, as well as Etherum price GBP.

The ETH/GBP pair turned down on November 21 and has again dropped to the 50-day SMA. If bears pull the price below this support and £2,932.90, the selling could accelerate. The bears have repeatedly pulled Ether below the 100-day SMA in the past few days but the long tail on the candlesticks suggests strong buying at lower levels. A break and close below this support could start a downtrend that has a target objective at £2,258.36. Ether plunged below the £2,165 to £2,000 support zone on January 21, indicating the resumption of the downtrend.

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If the momentum does not pick up within the next two days, it will increase the possibility of a correction. The first stop on the downside could be the support line of the triangle. Traders can watch the price action and book profits if the price does not rally above £1,600 in the next couple of days.

Ether is facing stiff resistance near the overhead barrier at £2,700 but a minor positive is that bulls have not allowed the price to break and close below the 20-day EMA. The gradually rising 20-day EMA and the RSI in the positive zone indicate a minor advantage to buyers. Both downsloping moving averages and the RSI in the negative territory indicate advantage to bears. The pair could drop to £1,732 where the buyers are expected to mount a strong defence. It is highly intuitive, with most of its features carefully placed on the site’s display for easy navigation.

If buyers can propel the price above the triangle and the 50-day SMA, it will suggest the end of the downtrend. The ETH/GBP pair could then rally to the 61.8% retracement level at £2,379.25. The bears pulled Ether below the 20-day EMA on July 8 and have been defending the resistance since then. The failure to rise above the 20-day EMA may have attracted selling from short-term traders.

For starters, the company will only ask for your email and phone number when completing your user profile. Further, the process of verifying the identity of users that either wants to Buy crypto using fiat on the platform or expand their trading limits is also straightforward and fast. It only takes a few hours to the next day to verify your identity and lift the trading limits.

This is by far the greatest testament to the security features embraced by Huobi Global. There is little chatter about Huobi Global exchange or its services on Quora – which we consider a good thing. We would even be more optimistic and say that this probably signifies a carryover of the goodwill expressed by most Huobi Global exchange users on Reddit. Most https://cryptolisting.org/ of the discussions around the platform on Quora mill involve comparing it to other exchanges and inquiries about the best cryptocurrencies to buy on the platform. We didn’t come across any negative comments about Huobi Global exchange on Quora. Overall, Reddit users are quite content with Huobi Global exchange, with most of them vouching for its legitimacy.

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If the price turns down from the current level and breaks below £2,160, a drop to the 20-day EMA is possible. This is an important level to watch out for because if the pair rebounds off it, the bulls will again try to resume the up-move. If this support cracks, it will indicate that traders are rushing to the exit. The bulls will have to push and sustain the price above £3,607.44 to negate the bearish view.

The bears will have to pull the price below the neckline of the inverse head and shoulders (H&S) pattern to indicate the start of a deeper correction. The trend could turn in favour of the bears if the support at £2,400 cracks. A breakout and close above £3,590.13 will open the gates for a possible rally to 127.2% extension level at £4,038.24.

It features a lot of tutorials that elaborate on such aspects of spot and margin trading as how to register an account, how to deposit, how savings works, and related trading fees. These lessons are both textual and visual as it features a few video tutorials. Ethereum price GBP bulls failed to sustain Ether above the 20-day EMA on May 18 could have attracted profit-booking by traders, resulting in the massive drop on May 19. The Ethereum to GBP bulls tried to stage a recovery on May 20 but hit a wall at the 50-day SMA. The stop-loss for the trade can be kept below the support line of the triangle. The trend will turn in favour of the bears if the pair turns down and plummets below the support line of the triangle.

The Doji candlestick pattern on February 20 was followed by an inside day candlestick pattern on February 21. Both these candlestick patterns indicate indecision among the bulls and the bears. Ethereum price GBP dipped below the support line of the triangle on June 12 but the bears could not capitalize on this breakdown. The ether gbp price rebounded off the support line and has reached the 20-day EMA. If the price turns down from the current level, the pair could drop to the 20-day EMA.

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A minor positive is that bulls did not allow the bears to have their way and are attempting to push the price above the downtrend line. If the price turns down and breaks below £2,000, the selling could intensify as traders rush to the exit. This negative view will invalidate if the price breaks and sustains above the downtrend line.

The ETH/GBP pair dropped to £1,603 on January 24 where buying emerged as seen from the long tail on the day’s candlestick. Conversely, if bulls drive and sustain the price above the 20-day SMA, the ETH/GBP pair could rally toward the 50-day SMA. If the price sustains above the 20-day SMA for three days, it will signal a possible change types of bom in trend. The buyers will now make one more attempt to push the price above the overhead hurdle at £2,492. If they manage to do that, the ETH/GBP pair will complete an inverse head and shoulders (H&S) pattern, which has a target objective of £3,231. A break and close above the triangle will suggest that the downtrend could be over.

You can view the coin-listing requirements and application process on the Huobi website’s “Coin Listing” page. The Huobi help center is the most elaborate education section of the website as it combines the Huobi Global Knowledge base and FAQs page. Prominently featured on every help center web page is the search bar that users can use to search for different terms on the website. It then outlines basic information about the website, the trading platform, and the mobile app. It addresses all the common challenges faced by most Huobi Global platform users and shares useful troubleshooting guides.

Both Binance and eToro have gone out of their way in making their crypto trading platforms secure. They both have the password as the primary deterrence against unauthorized access to the user account. The two also encourage users to activate two-factor authentication via either their phone number or email address.

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However, as with any investment, please be sure to do your own research before investing in any digital currency. Both Binance and eToro can be said to maintain highly responsive customer support teams. Responses to customer queries and complaints by either platform are quick and qualified. We compare and contrast some of their key features – integrated features, security, and customer support – below. Huobi Global crypto exchange has, over the past seven years, expanded its operations to 200+ countries and territories across the world. Unfortunately, Citizens of some countries like China and the USA are banned from using the exchange due to regulatory restrictions imposed by their governments.