ElectroneumThese are levels that I'll be keeping an eye on when dealing with ETNUSDT, and I'll revise as price action progresses.
I adapt to the change in money flow.
I am very thankful to be an early adopter to this specific crypto due to the decline in price along with my holdings coming from mining the coin when Electroneum was allowing that function on their app some years ago.
I believe it has the potential to form a D.B. from the higher perspective before we see a shift in price's momentum. I'll be more bullish after price break out of the diagonal resistance, breach the $0.03 level and to print new HHs & HLs.
Just my thought's and nothing more, nothing less. We shall see..
Electroneum
ETN is prime for a price rally
Rounding bottom + HL after 1500 days
If the HL is not broken and we put a HH, the uptrend is confirmed.
ETN/USDT - Electroneum Double Bottom reversal Electroneum
The SHIB of the pre-2020 crypto markets! This was the fanboys coin at one point, lots of coins, lots of promises such as mobile phone mining and other ilk
It still has many people behind it, probably mostly HODLers who still being too greedy to sell as they want it to go to $1 before they cashout!
So technically we can see a clear double bottom on the daily, RSI, VixFix & Cycle of Power, indicators showing a clear opportunity for a reversal, easy 20%+ gains on this coin, even more, if u wanna let it ride but don't get caught holding too long, market still a bit funny after bitcoin closed a wee bit under on the weekly candle this morning, but as confidence rises in the next weeks we could see a good load of people buying into alts such as ETN
Stop Loss can be as tight as you want but give at least 5%, just dont be a bag holder here, as lower prices are possible if market volume falls
Will hunt for some more golden opportunities and coins we can make a few bucks from quickly and easily, so please thumbs up and follow me for more ideas
Have a powerful week ahead
Majorlee x
ETN about to start wave 3ETN just finished its correction wave 2 and is about to enter wave 3 which tend to be the biggest. The price will surge quickly from here on.
ETN to .05 before AuroraWhat I can see in the chart is that we are going to .05 before the aurora update and we are going to have another week or two before the update. I can see the #ETN price shooting to .09 / .12 before the update and turning the upper orange trend, the biggest resistance since ETN launch, as support. If so, we can make it to.50 for the market cycle top easily.
ETN Alive & Kickin' Like An Old Dog With New Tricks ETN has been showing a lot of strength lately.
Want to make this post for the history books.
This was an ICO I invested in in 2017 and never sold.
I saw what it could do in terms of parabolic blow off tops but I did not take advantage of the gains.
I have since learned a lot about investing and trading specifically cryptos.
So when I saw another opportunity to invest at the same price as ICO 2017 I doubled down on my initial investment.
In the near term I expect ETN to retest the .04 cent local high and break above that.
I think we will then take a shot at much higher resistances.
Aside from speculation much can be said of ETN fundamentals. The company is sound and making powerful moves within AML/KYC compliance. ETN can boast one of the largest user bases and real world operability within Anytask.
Theres great opportunity in trading this asset but also investing for the long term.
Most will not believe in the potential but thats how it always works with the big winners ;)
My Opinion Only.
Not Financial Advice.
ETN next move 500% UPETN looks monster against BTC.
The Fibonacci extension shows that the next move could be 500% UP.
The target for the end of the bull market - $0.50 / $1.00.