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...
ETP/USD should drop further if it will stabilize below the upper median line (uml) of the descending pitchfork. You can see that it has failed to retest the outside sliding line (sl) signaling a potentially significant drop. The major downside target it will be at the 50% line.
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....
Metaverse ETP drops further on the short term after the failure to breakout above the outside sliding parallel line (sl). Right now is pressuring the UML and could also reach the 0.6000 level again. Only a valid breakout above the sliding line (sl) will give us a chance to go long again, while a drop below the 0.5701 will invalidate a bullish scenario.
Metaverse (ETP) has lost -1.31% in the last 24 hours and its price is now at $ 0.8532 forming higher lows and lower highs in what we call a Symmetric Triangle Chart Pattern. For now the price appears a bit bullish so it is likely that the price reaches the top line of the triangle in the short term, close to $ 0.8869. This formation usually produces a strong break...
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...
No FA here, just looking at TA. I advise you to DYOR (do your own research). Few things I like about ETP right now: -low market cap -fibonacci retracement to 0.768 level -TK cross on May 4th, on 1D chart using crypto settings on ichimoku -RSI approaching oversold on 1D, oversold on charts below 1D -yet to rally in '18 alt spring -on major exchange (bitfinex), so...
ETP seems to have made its bottom, the question now is will it linger and swim with the sharks, or will it take flight like Icarus did... Looks to be making support after finishing the flat 1.0 retracement, stop/loss can be placed under the low that we just bounced from if going long; about 3-5% under.
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.
Trading in correlation is not that easy, but possible. etpusd looking good so far and i think the etpeth pair will follow but it will take its time. Have an eye on the ETHUSD pair and watch out for movement. The current trend looks could, but could still break down to lower support lines for a short period of time. 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...
the power of bitcoin has been diminished in the last big wave of the bear. therefore, those who suffer the most are the small projects that have corrected close to 90%. This is the case of etp, it seems that it is more bear than bull to the entire market, which is expected more impressive corrections and with a higher resonance. consequently I would recommend...