VadiqueMagenta

Is ETP a little EOS?

Long
VadiqueMagenta Updated   
BITFINEX:ETPUSD   None
In the sleeping market, everything is not so bad ... On the charts, there is a probable scenario of the price movement in the pair ETP / USD by analogy with the EOS / USD pair.

After a long decline and consolidation, we saw a good proactive volume, which can be the beginning of a big growth.

Graphically, the bases of the figures coincide.

If history repeats itself, then the main goal of ETP / USD is in the region of $ 20, which is about 1400% of the current level * with investment horizon of 2-5 months.

You can make purchases around 1-1.2 $, taking into account the risk of possible correction by 20-30% to the area of 0.8$


* With the current capitalization of $ 45 million, achieving the main goal will increase the asset's capitalization to 1.35 billion and bring ETP Metaverse to the top 20 markets.

Good luck & have fun!
Trade closed manually:
ETP could not overcome the key level of $ 3.6. All positions are closed with a profit of + 150% (movement from $ 1.3 to $ 3.3)
Trade closed manually:
Sold all positions at a price of 3.3-3.5. Watching the situation.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.