In the stage of formation of the head and shoulders
Hey guys, after a few requests I've finally looked at this gem: wow, what a move from the lows! We have come 350% and are still very strong, even in the consolidation. We have broken the 1.6 together with Bitcoin on Tuesday, and from that break even made another 40% to the upside, up to the Highs at 2.2 If we look in the bigger picture, we can clearly see that...
The rate failed to reach the UML of the descending pitchfork in the last two attempts, so the minor decrease is normal. It could reach the former warning line (wl1) before will try one again to reach the upside target.
Price has really managed to escape from the extended sideways movement. ETP/BTC was attracted by the confluence area formed between the 50% line with the warning line (wl1). Only a valid breakout will signal a further increase.
So looking at this coin. It has mooned. For me now it is a short. Can do so on Bitfinex! Look for it to hit the 50-70 fib for a retrace, buy there. So for me is a short then long if things are bullish. Always BTC depending. Cant keep going up right : )
Hello guys, looking for something of interesting to trade during these extremely boring trading days I came across this token appearing quite intersting. Due to the small volatility of these days is necessary to narrow time frame: in this cases I generally use a 2 hours time frame, not too long and not too short. From this chart we can see ETPUSD in a good bullish...
Exit from the formation with test 38.2 of the Fibonacci level
Not 100% sure what I think of Metaverse ETP. As a technology, it seems to have solid fundamentals and team, but it lacks in communication. Furthermore, they are not listed on many exchanges which I find weird. Nevertheless, the chart set-up is interesting and we should probably be keeping an eye out for a breakout of the pennant. I did open a position on this....
In bottom good opportunity to buy in deep. After we break resistance line we go to the moon. Fundamental Mainnet is already released, its supernova first phase of digital identity that was supposed to happen on 31st may a hardfork(not a coinsplit) Its delayed to june github.com A Visualized World of Blockchain - LeBlock medium.com LeBlock - mobile game that is...
If BTCUSD doesn´t go crazy, this would be a possible scenario for a trade. Look out for the next moves and watch btcusd also. If the trend goes down, it could hit the lowest support level shown on this chart. good luck and happy trading.
broke out of huge falling wedge and we have a confirmation by a confirmed cup and handle more easily visible on the smaller time frame charts.
broke out of huge falling wedge and we have a confirmation by a confirmed cup and handle more easily visible on the smaller time frame charts.
ETP just hit the resistance line of the channel and is about to form the handle part of the cup and handle formation.
Highest reward/risk ratio of any digital asset available. This project was launched by a Chinese company, Viewfin.com, but operates independently through the Metaverse Foundation. CEO Eric Gu who is was a co-founder of NEO is branding Metaverse as the Chinese substitute for Ethereum, and has extensive experience working in the blockchain space on projects like...
ETPBTC was in a decreasing channel over the last months, more like a decreasing wedge triangle. However in the last days it seems it has exit this decreasing trend. We have also a small hidden bullish divergence that could bring the price up. Let's keep an eye on it over the next days. Enjoy!