ETP Quick triangle playEverytime 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 !
ETP
ETP has had a nice run, hit a resistance level, time to shortRising 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 MetaverseETP/USD shows us the uptrend moving against falling market. In that cause I am in bearish position. This divergence not normal.
ETPBTCAll alts fall and this grows without a normal correction
On MACD bearish divergence
Goals on the chart
BIG short
SCALP - ETPUSD - Possible double top - 36% 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
$ETP #Metaverse healthy rises over the bear market (Easy 3x 5x)$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 real businesses are going to run on Metaverse like ParcelX, LeBlock, Luxchain, etc,, ( 82club.com )
ETPBTC is also just listed on Coinsuper, one of top and fastest growing exchange in HK.
I also heard that Coinsuper will also utilize Metaverse's Digital Identity
While Eric Gu (CEO) is delivering more and more real business partnerships and connections.
Chen Hao (CTO), the top genius Blockchain dev in China and his team have already delivered everything up to their road map and timeline so far.
And the new Metaverse Marketing team has been doing so great!
So what are coming next?.
Digital Identity 2.0
Oracle
On-change Exchange
Smart Contract
There updates also include "cross-chain asset transaction service between Ethereum and ETP"
Metaverse clearly focus on helping Blockchain adoption for real business.
FOMO will definitely kick in once the project is known by greater audience.
Short-to-medium term gain is imminent while long term benefit is definite.
medium.com
medium.com
docs.mvs.org
medium.com
Metaverse Strong Growth Against BitcoinOn 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 Average on the daily chart. This could mean the beginning of an uptrend, with the strong upside potential.
Still, the corrective move down could take place, especially after such a strong growth. ETP could decline towards 38.2% Fibonacci support at 15875 satoshis, and perhaps even lower, prior to the uptrend continuation.
There are two scenarios where investors could take advantage of the potential uptrend. Either wait a corrective wave down, the rejection of the Fibonacci support, or trade the breakout above the current resistance level.
ETP short idea 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.
ETPBTC: potential inverse H&SEither inverse head and shoulders or continuation of downtrend / flatline
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.
If you had some value from my analysis, please like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses!
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
ETP. Is`t correction now?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 previous growth.
Hit a 1W Resistance. Short.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 for medium term targets = 0.00013581 and 0.00009315 is more viable.
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.
Metaverse (ETP) ShortBITFINEX: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
ETP.Trade 16%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: 1.24
If the price goes below 1.24 - the next target is 0.93-0.95.
ETP. Trade 40%;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 $.