Bearish divergence on MACD, RSI, VZO. Longs hit a high, shorts out. Targeting a initial TP around 2.35, stop at 2.8 Still long on ETPETH
BITFINEX:ETPUSD Dear friends, Today, I’d like to analyze fundamental factors for a relatively young project Metaverse. Until recently, this project was almost invisible in the market and didn’t stand out from other spam coins, which are at the bottom, below the 30th position by their market cap. I paid my attention to the coin for a very simple reason. Its price...
Yoooo, So my baby EPTUSD is still pushing, and reached the key level of 3USD. Buyers need to take some rest, and we are approaching the top of the ascending channel. Let me be clear, I'm really bullish about it, and think it will go to at least 4USD anyway. Still I think we have a good opportunity to maximize profits here. IMO we can expect a retrace either to...
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...
Everytime a triangle shows in ETPUSD, this shit moons. Move up lengh should be equal to triangle width. So, that brings us to 3USD key level ! MACD back to bullish zone. Set tight stops ! Enjoy !
Rising wedge on 4H ETP/USD chart. Bearish divergencies on daily and weekly. uptrend is weakening. Time to start building a short position, targeting atleast 0.618 levels at $2.43.
ETP/USD shows us the uptrend moving against falling market. In that cause I am in bearish position. This divergence not normal.
All alts fall and this grows without a normal correction On MACD bearish divergence Goals on the chart BIG short
Yoooo shaggerz, I'm still very bullish on ETPUSD. But as many calls it, it might need a correction. Or not... Anyway, I've identified a potential double top pattern forming on ETPUSD. Of course pattern is playing out, and is not finalized yet. Invalidation point is breakout above the top line. Beware tho : NEVER SHORT ETP' someone wise said ! NOT TRADING ADVICE
$ETP shines after SuperNova hard fork. Low cap coin + Great tech/team + Very under-valued TA looks like $ETP is rising in the channel or it may also form giant cup handle or giant inverse H&S The fundamental is great, if you want to make good long term investment. Digital Asset + the first Blockchain with Digital Identity (Avatar) + Superb Lightwallet Several...
On the 24th of June, Metaverse formed a double bottom at 7820 satoshis, after which price went up sharply, resulting in a 160% growth against the Bitcoin. Price has found the resistance at 20900 satoshis, where it has rejected the 38.2% Fibonacci retracement level. But at the same time ETP/BTC broke above the descending channel and closed above the 200 Moving...
Big money big star Posting for posterity
We are getting a bit extended, with divergences showing on higher timeframes, there is 60 % chance of reaching higher box. So this should be pretty nice risk to reward trade, keep an eye on it and have in mind there might not be liquidity when needed, so reserve some margin.
Either inverse head and shoulders or continuation of downtrend / flatline