ETN LAUNCHING IN 3 2 1 (Hours? Days?) LONG LONG LONG NOW Hi guys, thats my analysis,
My entry: 0.0000003660
Reasons:
Its always 52% drop and then rise again.
RSI mega oversold, big space to rise.
,...
What do you all think?
ETNBTC
ETN, very old GEMI forgot to post about this one, too busy.
But Electroneum has a long history and was voted the most potential coin about 3 years ago.. it had a serious dip, but has a very big community.. they were one of the first to make a Dapp to mine ETN on a mobile.. Asia is crazy about it, South Korea, Japan, China, etc.
In numbers of people a very much supported coin.
I believe this one will fly and get in the top 20 soon.
ETN/BTC - Massive rally towards 10k satoshi!ETN is in a massive rally which is closing on our first significant resistance at 10k satoshi.
The indicators are looking sexy, volume is up, risk appetite is off the chart. ETN is ready to explore higher levels.
I don't see much resistance until our first target, hence, enjoy the ride.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
ETN/BTC Another potential 10x CoinETN is currently within a falling wedge.
Once it free itself we expect to see a big comeback.
Enjoy the ride and don't be too greedy.
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Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
ETN continuation of up trendETN bottomed on August 14 and 15 and has been in up trend against BTC since then. Big volume spike confirms the downtrend to be over as the bulls came in and bought it up. RSI on steady climb up as well and as it breaks the resistance points will go higher and higher.
ETN Possible trading plan. NOT FINANCIAL ADVICE, TRADE AT OWN RISK! Volatility might be coming ahead in the markets.
ETNBTCETNBTC daily and weekly is on a Bullish Wedge pattern.
If the bullish movement successfully start, the resistance ahead are Fibo- 0.61, 0.78, and the first heaviest one on the way is Fibo-1.
If it manage to breaks these resistance lines then the next heavy resistant would happen between Fibo-1.6 and F-2.0.
After that, the next big target could be 2.6 and above
Cryptocurrency is very volatile market so always have an strategy and risk management plan.
Happy trading
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JUST FOR EDUCATIONAL PURPOSES
1 cent incomingETN volume increased along with sentiment and developments with project.
Looking to test Resistance again after previous failure.
Could see 1 cent at any point in my opinion.
Electroneum Descending triangle Idea!Well, everything with this coin just falls flat, project has turned into the Blockbuster of the Crypto world by not adapting, Volume is non existent, and seems the team have no interest in improving liquidity for speculators.
As you can see green arrow could be potential breakout but unlikely, will be interesting to see if this actually falls all the way back to 26 sats.
ETN/BTCThis may be a bit of a premature call but in the past few days we have experienced many Alt coins have tremendous rallies. Here we have ETN/BTC that after breaking out on May 11, peaking at 0.0000011910 sats on May 16, has corrected all the way down to the 0.786 which also coincides with the 100MA (blue) while printer a higher low and working on getting above the 10MA (yellow) and 21MA (purple). If we are able to conquer these in the coming days be sure to keep an eye on this one as it can jump really fast like many other alts have recently. If the trend is to continue we can expect one of our first price targets to be 0.0000009317 then 0.0000010300 respectively. Time will tell and patience is king!
Happy Trading.
ETN Ascending Triangle breakout. (45 min chart)Nobody really looks at these time frames due to the low liquidity and random moments, but thought i'd post the ascending triangle nevertheless. should see move higher in next 24 hours.
ETN BREAK IDEA!little breakout to the topside at the end of the descending triangle so we could see a push higher, although given low liquidity this could still break either way.
ETN BREAK IDEALittle upside as of writing at the end of Descending triangle. Liquidity still very low so could still break either way.
1ST SUPPORT BROKEN, REVERSAL POSSIBLE!Price has broken 1st support and is on the 2nd support, if the price pulls back a reversal patter may occur.
Wait until it breaks 1st resistance (red)
Electroneum ready to pump?Keeping it simple!
ETN respecting down trend since its pump in mid May.
Bullish divergence on CCI.
Slowly approaching support level where 61.8% fibs was respected previously.
Coincides with uptrend drawn from initial breakout from consolidation on 21st April.
Potential long opportunity from demand block/uptrend/support intersection with tight SL.
Or wait for breakout of down trend and retest up-trend for confirmation of support.
Ensure SL is below previous market structure. A big move from BTC could change everything. Trade at your own risk.
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ELECTRONEUM (ETN) PRICE MAY GO BULLISH IN THIS WEEKSimple trend line showing us a bearish market in 1 day time frame. I have plotted a support and resistance line.
Buy: $0.0058
Sell: $0.0066
Get into the buy trade only after the price breaks the support line and forms minimum 2 bullish candles.
Electroneum BULLISH/BEARISH Idea! Liquidity drying up back to lower more volatile levels as seen before the April pump and the alleged new 'Market maker' announced by Electroneums PR manager - looking like an inside pump and dump by electroneum Ltd to try and create organic trading.
looking for a bounce on scenario 1, although scenario 2 is more likely to continue until end of July if things stay as is.
A bullish pennant/Ascending triangle for ETN !?if the yellow support line maintains and if we will see a reversal of the downtrend I think its officially a bullish pennant or either an ascending triangle if we see at the blue line as a resistance, in the two cases a bullish scenario!
ETN Technical analysis (4h Time frame) an ascending tringle have just formed, this is a bullish pattern!