Hey 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. If you had some value from my analysis, please like & follow me so...
First target 1.54$. then two scenarios are possible. 1) Test $ 2 and drop to $ 1.12. From there, the beginning of a new strong growth. 2) at 1.54 the correction ends and the growth begins to 2.7 on the fibo levels and to 2.8-3 $ in liquid zones. There is a scenario of continuing uncorrected growth, but it is unlikely. The volumes have become less than those of the...
ETPBTC has seemingly reversed already after hitting the 0.00029564 Resistance on 1W (RSI = 54.551). 0.00022501 and 0.00019525 are the support levels to watch (the latter is our current short's TP also). If the price action imitates the previous pattern (Jan - March) on 1W then we will have another Resistance test before dropping further. In any case shorting here...
Double Top pattern on ETPUSD. Possible correction by 20-25%.
In the stage of formation of the head and shoulders
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...
BITFINEX:ETPUSD Type: Short Entry: 2.06 Stop: 2.22 Profit: 1.85 Rationale - 5 Wave Structure, looking for an ABC correction will monitor if it just sideways consolidate - Target is the 38.2 Fib line - Bearish Divergence - Strong volume candle indicating lots of shorts liquidation
While ETP in consolidation - I try to trade from the limits of consolidation. The pink channel is the bottom line. The black trend line is the upper limit. It is possible to get out of the pink channel for a test fibo level $ 1.24. Therefore, if the price goes to my side - I will watch how aggressive sellers are. enter 1.605 stop 1.663 target 1: 1.36 Target 2:...
After the previous high of 1,725 ETP is in correction now. Buyers have shown that they are keeping the price, so I see a trade: enter -1.484$ Target 1: 1.725; Target 2: 1.88; Target 3: 2.1 $. For each of these targets, I will sell part of the position. Stop - 1.381$ If the trade is unsuccessful - ETP will go down the blue channel to the price range 1.2-1.3 $.
It´s just basic bubble scheme, even if I think the whole market is going to rise for a while, Metaverse will be in a steep fall. If you hodl it, rather sell imidiately and put money into something what isn´t on its top now.
ETP IS overbought-JUST TO ZOOM IN on my price predictions. Take a look at the RSI and MACD on the daily are both basically maxed out to the upside, I don't see how this can push any higher, ESPECIALLy considering bitcoin is going to continue to drop.
13% increase in 24 hours with ETP, looks overbought on the daily charts. I see a quick consolidation at it's current price range then break down. Follow the elliott waves and the Fibonacci levels.
We could see price continue its upward momentum on ETPUSD. Price has been consolidating into a nice pennant formation and will hopefully start to squeeze a little. I will enter short on a confirmed breakout (around $1.29) with protective stops under the previous low ($1.18). Should price reach the projected target it will net in a 2.5R/R and 20% gain without...
So looking at this coin. It has mooned. For me now it is a short. Can do so on Bitfinex! Look for it to hit the 50-70 fib for a retrace, buy there. So for me is a short then long if things are bullish. Always BTC depending. Cant keep going up right : )
We are currently testing a strong price range of $ 0.8-0.9. Price without corrections flies from 0.5. Therefore, I see below the following two scenarios: 1) the correction to 0.65-0.7 and further to the goals of 1.08-1.18 $; 1.5-1.7 $ and 2.3 $ 2) the fall in the region is $ 0.43 and long to $ 0.65-0.7
Hello guys, looking for something of interesting to trade during these extremely boring trading days I came across this token appearing quite intersting. Due to the small volatility of these days is necessary to narrow time frame: in this cases I generally use a 2 hours time frame, not too long and not too short. From this chart we can see ETPUSD in a good bullish...