Going to play ETP long here. It does not look uber bullish but I think it has one final push up before a retrace. It is sitting on the 61% fib and hit the target of this down leg. So I think we are heading up the way. There is bullish divergence on the RSI. Shorts are at an all time high so are due a squeeze. If everybody is short then everyone is right and imo it...
ETP has finally given a short signal. Shorters can wait until close today for confirmation given the bastardy nature of this coin. I am just watching, will consider buying if target is met. Target should be 61.8%.
what i´m seeing on this chart right now is a rising wedge with huge downside potential. there a 2 possible scenarios in my mind. 1 would be the retest of the upper trendline in the next couple days, and the 2nd an orientation along the lower trendline until the sell off. thinking about 1 -2 weeks until we know. this is not a trading advice, ytayor!
Bullish trend on ETP from July.. I think ETP is overvalued. There is Strong volume Divergence, so, trend can reverse soon. It will be a great short.
Zoom back into daily mode, I tried to find the Elliot trends and decided to move the end of wave 3 to the new high. It seems to make more sense to me more than ending wave 5 and making a new Elliot waves. In ETPBTC pair, the support is strong around 35KSat which hasn't been touched but kept at higher support at 39KSat. This should be a good buy zone if it will...
First of all, this is the log scale.. it is what I've learnt from Mikael. The log scale fit perfectly for crypto. You may like to try draw it for Bitcoin history to see something fascinating. Ok... I believe the first elliot wave has ended due to Wave 5 retraced more than 0.618fib. So.. it seems like this anti-bearish-market rise needs some correction before...
Rising wedge on 4H ETP/USD chart. Bearish divergencies on daily and weekly. uptrend is weakening. Time to start building a short position, targeting atleast 0.618 levels at $2.43.
All alts fall and this grows without a normal correction On MACD bearish divergence Goals on the chart BIG short
$ETP shines after SuperNova hard fork. Low cap coin + Great tech/team + Very under-valued TA looks like $ETP is rising in the channel or it may also form giant cup handle or giant inverse H&S The fundamental is great, if you want to make good long term investment. Digital Asset + the first Blockchain with Digital Identity (Avatar) + Superb Lightwallet Several...
On the 24th of June, Metaverse formed a double bottom at 7820 satoshis, after which price went up sharply, resulting in a 160% growth against the Bitcoin. Price has found the resistance at 20900 satoshis, where it has rejected the 38.2% Fibonacci retracement level. But at the same time ETP/BTC broke above the descending channel and closed above the 200 Moving...
Either inverse head and shoulders or continuation of downtrend / flatline
Hey guys, hope you're doing well! :) ETP is one of the strongest candidates right now on Bitfinex. We're looking at a perfect example of a bull flag break, + a 20% RSI oversold bounce. I'm specifically showing to you, how much percent gains each RSI 15-min oversold bounce would've given you. If you had some value from my analysis, please like & follow me so...
Over the last weeks , somehow etp/btc went parabolic without being backed by any news. Anyway what goes up must come down. My shorts on this are open my target is shown in chart. Make sure to have a stop loss in place. I would really aprreciate if you leave a like/ follow
ETPBTC has seemingly reversed already after hitting the 0.00029564 Resistance on 1W (RSI = 54.551). 0.00022501 and 0.00019525 are the support levels to watch (the latter is our current short's TP also). If the price action imitates the previous pattern (Jan - March) on 1W then we will have another Resistance test before dropping further. In any case shorting here...