Keeping it simple! ETN respecting down trend since its pump in mid May. Bullish divergence on CCI. Slowly approaching support level where 61.8% fibs was respected previously. Coincides with uptrend drawn from initial breakout from consolidation on 21st April. Potential long opportunity from demand block/uptrend/support intersection with tight SL. Or wait for...
Simple trend line showing us a bearish market in 1 day time frame. I have plotted a support and resistance line. Buy: $0.0058 Sell: $0.0066 Get into the buy trade only after the price breaks the support line and forms minimum 2 bullish candles.
Liquidity drying up back to lower more volatile levels as seen before the April pump and the alleged new 'Market maker' announced by Electroneums PR manager - looking like an inside pump and dump by electroneum Ltd to try and create organic trading. looking for a bounce on scenario 1, although scenario 2 is more likely to continue until end of July if things stay as is.
if the yellow support line maintains and if we will see a reversal of the downtrend I think its officially a bullish pennant or either an ascending triangle if we see at the blue line as a resistance, in the two cases a bullish scenario!
an ascending tringle have just formed, this is a bullish pattern!
Support at 90 and 58 sats. Looking for sideways action for a few days before next leg up to 125-155 sats.
As per previous chart bounced higher to, then Broke lower heading towards 58 support and stopped short at 60. - bounce in play - looking for 85 sats. BUT WTFDIK
A clear reversal of the downtrend and a previous resistance become a support What do you think guys?
Nice ET correction near-end/ended. Personally, I+d buy some now, and if we get one more dip to the second target I'd add 75% more. Personally I would be happy to see one more dip.
Long, breakout in 24-48 hours holding above support of 73
Where is it going, can the pump continue? over 700% in 60+ days.
Hi, Today im bringing you guys a chart of one of my first cryptos that i held back in 2017 / 2018. Its electroneum, chart looking fine, we have sight of recovery. On chart i draw possible scenario, BUY ZONE AND SELL ZONES. Always use STOP LOSS under white trendline. Happy trading. Targon.
ETN/BTC (Electroneum) - Falling Wedge Broke out in Daily Chart. - RSI & MACD Bullish Divergence Spotted.. - Volume is Coming - 84% Profit Expecting (If Follows my Plan) Please, give us your opinion in the comments! If you like the idea, please, hit the Like button and subscribe to the profile in order not to miss our updates. Join Telegram Channel ...
At this time, I don't see any good sign for ETN, so we should put it into the waiting list. We will consider to buy it if it gets over 55-56sts or just wait for it at 35-40sts
Electroneum Just had a major fork. To sum it all up, they are invulnerable to 51% Attacks & reduced block rewards by 75%, which means no more dumping on exchanges hopefully. We have what seems to be a never ending downtrend which has tested multiple times, This is my TA on ETN, once we break this trend we can use it as support to then approach ICO level again...