After a big move in the last 24-hours, we looked at ETPBTC. As with many alt-coins, the recent rally has brought the coin right to the top of its previous 4th wave and a big Fib speed resistance line.
In the case of ETPBTC, if it can close above 8782 on a 2-day chart, there might be reasons to say a legit bottom is in here.
Bottom Line: Generally speaking,...
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