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ETPUSD is likely to retreat, ETP is in the overbought region.
Short
ETPUSD is likely to retreat, ETP is in the overbought region.
By Trader_Geist
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Updated
Oct 23, 2017
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Oct 19, 2017
RSI is in the overbought region.
Stoch RSI around top.
MACD is not as strong as the previous terms.
Conclusion: a reversal pattern is likely with a possible fall to 4.80-5.10 region.
Oct 23, 2017
Trade closed: target reached
Weakness continues in the alts market. Money 2020 and Bittrex (may trade on this platform) are important for the uptrend but still in the red zone.
ETP
ETPUSD
Harmonic Patterns
Trend Analysis
Trader_Geist
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