ETP-3
ETP bull flag 10% + 20% oversold bounce explosionHey 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.
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About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
ETP extremely strong!Hey guys, after a few requests I've finally looked at this gem: wow, what a move from the lows! We have come 350% and are still very strong, even in the consolidation.
We have broken the 1.6 together with Bitcoin on Tuesday, and from that break even made another 40% to the upside, up to the Highs at 2.2
If we look in the bigger picture, we can clearly see that $2-$2.5 was an important previous support zone. => We're not going to go through like butter in this region.
Our 4H Higher lows are at 1.78, even if we lose those, the bulls have nothing to fear up around Daily EMAs 12 & 26, which come in at around 1.7 & 1.4 respectively.
It's still looking very bullish on the Hourly & 4H: if we break the current bull flag to the upside, we can clearly reach the previous Highs again.
I wish you a great weekend still! ;) If you do not want to miss my Daily Crypto Analyses updates, please like & follow me! ;)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
