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leopisbig

ETPUSD is likely to retreat, ETP is in the overbought region.

Short
leopisbig Updated   
BITFINEX:ETPUSD   None
Trend Analysis Harmonic Patterns ETPUSD ETP
5
9
trendanalysis harmonicpatterns etpusd etp
RSI is in the overbought region.
Stoch RSI around top.
MACD is not as strong as the previous terms.

Conclusion: a reversal pattern is likely with a possible fall to 4.80-5.10 region.
Trade closed: target reached:
Weakness continues in the alts market. Money 2020 and Bittrex (may trade on this platform) are important for the uptrend but still in the red zone.
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