ETN Short
Failed breakout attempt to the upside after months of consolidation
Pul back to supply zone with a retest of the zone
Wide range igniting bar/candle to the downside with new candles consolidating at the lower 1/3 of the wide range bar
Expecting a move lower if today´s low is broken
Hello, members and welcome to this ETH/USDT quick chart analysis.
As I mentioned in my previous chart that is Nothing much change to see at this daily time frame ETH is still trading above the support zone which is $1950 - $2050 and the support zone is $1795 and the resistance label is $3073
This is not a piece of financial advice.
Then, hit the like button and...
Hello trading friends,
Depending on the study trend - it seems the whale effect protects the trend of 42K, we have seen this more times into a low time frame - but this is of course not a guarantee for a side.
Depending on TA and trends BTC is still on an uptrend.
There is a high chance that the 42K trend will bring BTC to the split zone of 44K.
We will...
The pricing of the VIX futures tracking ETN VXX no longer reflects reality.
Barclays has halted new issuance of both the VXX and OIL ETNs.
Existing shares of VXX are being bid up far beyond the movement in the underlying futures market.
As I mentioned in a previous post, (linked below), I believe the VIX is setting up for a breakout to the upside.
I...
ETN has broken the first curved line.
The market has been very brutal for altcoins.
One good news is that ETN could be forming another curved line trend aligning with an ABC correcting.
With the second trend line, the top of the channel is higher, around $0.20.
I am bullish.
Hello trading friends,
The new weekly chart will confirm soon - most of the time is the weekend not the real volume trend of BTC - as more stock market makers enter the trend and leave also when stock markets opening.
The new weekly trend could make a change - and since the whale trend is into the red zone - a new difference change can come.
Depending on the...
Hello trading friends,
This is a small trend with details about the possible breakout that we can expect coming time.
When we check BTC into a backtesting mode - then we see we had more breakouts, one of which are the ELON MUSK ZONE breakout - a time with the hype of tesla, and before more breakouts - By that breakouts, we learn a lot and try to find the data...
Hello trading friends,
This is a small view from the MD330 trend - There is a whale trend that builds an increased power volume, this is what can result later in a possible 45K, we will follow the trend coming time.
Building new power volume trends can be with manipulation trends and as before it's about the end goal of the whales. but there is not always a...
We are now around the 2 Week trendline.
If we close above this 2-week trend in 5 days...
Then we can get a nice 100% gain :)
If not we will have consolidation and then maybe lower numbers.
Let me know if you hold this coin and if you are buying now or selling
The ETN chart suggests a double bottom pattern on top of previous resistance turned on support. If it bounces from there, the neckline to be taken is around 0.025.
Hello trading friends,
This is an ETN tool update depending on last trends - Bitcoin is at this moment into breakdown trend - But this update should not change your plan if you have long term plan. also is this just a view from the ETN tool - you should always study the trend by yourself and confirm before entering any trade. know that trading any sides has...
Black Mountain Analytical Team:
We will wait for the price reaction to the trend line and the static support range. After the price reaction, we can enter.
We are currently monitoring it to catch it in the first price movements.
Electroneum
The SHIB of the pre-2020 crypto markets! This was the fanboys coin at one point, lots of coins, lots of promises such as mobile phone mining and other ilk
It still has many people behind it, probably mostly HODLers who still being too greedy to sell as they want it to go to $1 before they cashout!
So technically we can see a clear double bottom on...
I have highlighted the times that ETN went up with BTC heading down. The average price increase in this time is around 146% which will bring us to 0.05 from current levels.
ETN will search the channel top soon as it did before. This is the best looking chart that I have recently seen. Don't be surprised if you have to but ETN for $1 in a month.
