During the past month, Metaverse has been one of the best performers against the USD as well as BTC. Throughout entire month of July price was rising consistently and from $0.46 low it has already reached $2.24 high, resulting in almost 400% gain against the USD.
ETP currently looks even stronger, after it broke the 23.6% Fibs resistance at $1.82. After the...
Metaverse found the bottom at $0.46 after which strong growth has started. On the 17th of July ETP/USD has reached $2.2 high, which was 377$ growth in less than a month.
But while the high was reached, ETP has rejected the 88.6% Fibonacci retracement level, and price corrected down to $1.8 support area.
At this stage, for the uptrend to continue, price has to...
Metaverse found the bottom on the 24th of June, where it hit $0.46 low. Then price went up sharply, breaking above the 50 Moving Average and th descending channel. Nevertheless, ETP/USD has reached 23.6% Fibonacci retracement level at $1.73, that has been rejected cleanly.
This might suggest a corrective move down or even a downtrend continuation. At this stage...
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...
ETPUSD forming rising wedge - reversal pattern. Also I see Double top. We go down to the next fibonacci levels. If BTC will go down it will provocate big dump because ETP overbought.
BITFINEX:ETPUSD
Dear friends,
Today, I’d like to analyze fundamental factors for a relatively young project Metaverse. Until recently, this project was almost invisible in the market and didn’t stand out from other spam coins, which are at the bottom, below the 30th position by their market cap.
I paid my attention to the coin for a very simple reason. Its price...
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...
$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...
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...
