etp/btc is gearing up and also appears to be coming out of an inverse head and shoulders. Make sure you get confirmation before jumping in. Now those targets I have set up above are for sometime in the future. Timing is one of the hardest part of TA. But after this bear market is over or even before etp/btc can make that run up there and sometimes fast. If your...
ETP Metaverse shows accumulating the volume and long-term accumulating the positions.
Also, its simply to see how rsi indicator in the day chart disacord with trend price.
If BTC pump above 4000, ETP price in BTC will come rise after his november-december dump.
BITFINEX:ETPBTC displaying bearish RSI divergence up here after the massive run it had this summer. TD counts on weekly and daily RED (bearish).
Suspect this ticker was used for capital fleeing for Chinese (this is a Chinese ICO) this summer and explains the massive PUMP while everything else dumped.
Finex (where massive volume was occuring) is putting in big...
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!
ETP has found a support at 0.00008158 and has been getting into action since that moment.
I believe we are on the 5th wave, but need a good volume in order to reach our target.
The pattern fails if we go below 0.00381
Following a heavy move to the upside signaled by a RSI divergence in may time, ETP/BTC has failed to make higher highs for the last few days while the RSI strength is weakening. It could appear a change of trend is upon us.
I have cloned the previous downside and laid it over the proposed temporary top of market swing here and it looks relatively aesthetically...
ETPBTC tried to break 55,000 sats resistance 4-5 times but couldn't and turned back to it's support. Seems RSI falling down, volumes are not good. I see it's good time to try shorting ETP to 30,000 sats level.
If we break the blue line, I expect to find support right below the green line. That will confirm that the asset is weak.
We then have one last wave of distribution that takes us over our previous high before crashing down.
Expect the ETP dance to stop pretty soon.
All the ETP blocks are empty: explorer.mvs.org. This blockchain is worthless and...
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...
Many coin drop this year and still inside bearish wave. But we found a few coin that already break up bearish wave. This 8th of our 10 coin in bullish wave analysis.
ETP still inside channel up. to follow bullish wave, wait untill it touch support channel up, and aim for .5 fibonacci at 57608
Note : if channel up failed, coin will drop again to support...