Short

Electroneum test support?

Updated
wooT wooT!! What an exciting run up to 74ish sats! The bulls are returning to ETN and they have their sights at 250 sats, but for now let's look at the near term. It looks like we could have a possible retrace to test support at 60 sats, but I believe we might test even lower numbers...as low as 53 sats possibly. Reason being, the stochastic on the daily has been roaming around over bought territory for the past couple of days. Volume is slowing down as well and we just got rejected at 74 sats lv, my initial rejection target was 75 to 80 sats area so we didn't quite make it there. Anyhow, a small correction is normal and much needed for those who missed out on buying low ETN.

This is not investment advice. This is purely for educational and entertainment purposes. Only invest what you are willing to lose. Happy sailing.

Awareness618
Comment
Target of 53 sats hit. This would be a good place to buy but keep in mind with BTC going up alts will be pushed down so we could see low 30s at this rate.
Chart PatternselectroneumETNTechnical IndicatorsshortTrend Analysis

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