Pato99

Long ETP Metaverse

Long
BITFINEX:ETPBTC   ETP / Bitcoin
Metaverse is on of the three Chinese Ethereums and with a marketcap of about 110 million the cheapest one.
We have a pretty high r/r trade here.

potential upside in the short term 100-200%, potential downside -30 %

Size your risk and stop loss accordingly
Comment:
the Fiat chart for comparsion.
Prices may or may not go down, important to know is that the consolidation period has not yet finished, thus makeing better entries is possible.
A breakout out or breakdown would be a good signal to enter this trade long or short
Comment: triangle break down. price should fall to 0.382 FIB

Comments

I cant take that chance, missing out on this one just to maybe get it 20-30% cheaper. I think it looks even better then NEO's tech. So it should be a quick ride up to at least 1billion $ cap before christmas. Basically free money. I got the same feeling on this one as when i bought ETH and NEO under 7$. I think there could be some news drop in the coming weeks, and also very exited about this
https://www.finextra.com/pressarticle/70566/china-and-russia-collaborate-on-cryptocurrency-fund-and-blockchain-projects

Thanks for sharing TA on this one, it seems only a few people have discovered this gem yet, good luck with your investment sir :)
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