ETPUSD Imminent Rally Long

Description

⋅ Dec 2, 2017 1:49 AM

ETP has been accumulating at the 20SMA for several days now. Hailed as the new ETH, bullish market cycle will result in a lot of normie fomo for ETP.

Accumulation has finished and ETP is now attempting breakout.

TP at $4, 5$, $6.3

Goodluck

Comment

⋅ Dec 19, 2017 12:10 PM

Target 1 Reached.

Trend reversal confirmed - on its way to higher levels if BTC decides to consolidate

Comments

Foxace36

⋅ Dec 3, 2017 4:17 PM

Any update on this? Good time to buy?

SouthWest

⋅ Dec 3, 2017 4:20 PM

@Foxace36, Yup, support is holding well - not enough volume for breakout..just yet. Accumulation still going on and with BTC rallying a breakout will happen soon. Risk/Reward is good to trade this zone, much potential upside and it has already bottomed out so not much downside.

Foxace36

⋅ Dec 3, 2017 4:21 PM

@SouthWest, What would you recommend as a good entry and stop loss

SouthWest

⋅ Dec 3, 2017 4:31 PM

@Foxace36, Entry here is good. Stop loss 2.43$