Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.1230). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ETPUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
This pattern has appeared in ETP chart after very sharp (panic oriented) decline. The price will rally and experience a trading range - rectangle (check 3h chart). The trading range will now forms some way above the panic low. Soon we can expect the change of a trend ! Good luck with trading ;)
There are 2 breakpoints:
End of Q1_20 -> resistance roughly 0.5 + <-0.1,0.1>.
End of Q2_20 -> if break resistance, potential roughly around 0.9 + <-0.1,0.1>
BUY zone: 0.3+<-inf,0.07> :P
have fun
if any1 wants to donate i appreciate it ;)
ETP: rLW9gnQo7BQhU6igk5keqYnH3TVrCxGRzm
This chart has a lot going on, hard to keep this short but seems to me its in clear accumulation. Wyckoff phases seem to fit nicely but regardless its in a range with decent volume after with some clearly defined levels.
The range is nice and wide too, a re-test of the top side is 40% away. So I'm hoping we get stuck in this range for at least a...
after some back and forth i think that this is an opportunity for a Cup & Handle.
entry: 0.53 usd
target: 0.78 usd
this is not a trading recommendation!
ETP like many Alts has been falling forever it seems.
Finally showing signs of a Bottom and possible Recovery.
Very precisely confined within Band 5, will spring loose.
.5130 - .5250 is the barrier to watch.
Long entry below is possible if confident.
My preference is break and retest of .5250
I will post updates as we get movement in either direction.
.
...
Technical analysis:
. ETP/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.4000 to 0.2500). if so, traders can set orders based on Price Action...
This coin has been moving in this descending channel like forever. We should expect a bounce from the bottom of the channel to the $0.66 level.
I'll be placing my trade buy order at the bottom of the channel. There are chances we'll not make it down to that level, so consider splitting your buy orders.
Take a look at the related Ideas which were spot...
