ETN LAUNCHING IN 3 2 1 (Hours? Days?) LONG LONG LONG NOW Hi guys, thats my analysis,
My entry: 0.0000003660
Reasons:
Its always 52% drop and then rise again.
RSI mega oversold, big space to rise.
,...
What do you all think?
Electroneum
Will Electroneum finally trend upward after its slow descent....A lot of us got ELECTRONEUM wrong the first go roun, expecting it to move up when it moved down. It's been gathering a lack of interest recently with lagging volume and a slow meandering descent back to an old price level. The stochastics indicate a mild buying opportunity and she has seen (assuming gender here) some slight movement upward, but waiting for a stronger push over the line would be the smart money. An increase in volume and a stronger upward drive could make a Justin Belieber out of me.
BTW, in case you didn't know, Electroneum has a secret project where they will turn us all into robot plebians and force us to do their sex writing homework. Just saying.... Think about that... but not too hard
ETN, very old GEMI forgot to post about this one, too busy.
But Electroneum has a long history and was voted the most potential coin about 3 years ago.. it had a serious dip, but has a very big community.. they were one of the first to make a Dapp to mine ETN on a mobile.. Asia is crazy about it, South Korea, Japan, China, etc.
In numbers of people a very much supported coin.
I believe this one will fly and get in the top 20 soon.
ETN News AnalysisI predict with the best probability the future trends, my ideas are reserved for the experienced trader. #UniversTrader
ETN seems to be under valued to us this Asset seems to be very under valued and it has good chance to have some serious growth
unfortunately at the current moment we may not be able to trade or invest on its Derivatives as no exchange has listed it on the F&O sections but we can invest on the Asset itself as it has some good opportunity to grow in some times
we can presume to have semiannually horizons or even longer term investment opportunities
we had currently specified two targets to capitalize on it
ElectroneumI need to keep track of ETN. Might sound crazy, but it's starting to look promising for some upward movement. We shall see.
ETN continuation of up trendETN bottomed on August 14 and 15 and has been in up trend against BTC since then. Big volume spike confirms the downtrend to be over as the bulls came in and bought it up. RSI on steady climb up as well and as it breaks the resistance points will go higher and higher.
ETN Possible trading plan. NOT FINANCIAL ADVICE, TRADE AT OWN RISK! Volatility might be coming ahead in the markets.
1 cent incomingETN volume increased along with sentiment and developments with project.
Looking to test Resistance again after previous failure.
Could see 1 cent at any point in my opinion.
Electroneum Descending triangle Idea!Well, everything with this coin just falls flat, project has turned into the Blockbuster of the Crypto world by not adapting, Volume is non existent, and seems the team have no interest in improving liquidity for speculators.
As you can see green arrow could be potential breakout but unlikely, will be interesting to see if this actually falls all the way back to 26 sats.
ETN Ascending Triangle breakout. (45 min chart)Nobody really looks at these time frames due to the low liquidity and random moments, but thought i'd post the ascending triangle nevertheless. should see move higher in next 24 hours.
ETN BREAK IDEALittle upside as of writing at the end of Descending triangle. Liquidity still very low so could still break either way.
1ST SUPPORT BROKEN, REVERSAL POSSIBLE!Price has broken 1st support and is on the 2nd support, if the price pulls back a reversal patter may occur.
Wait until it breaks 1st resistance (red)
Electroneum might have found support.Electroneum might consolidate for a little longer (a few days) as price action should start moving up providing bitcoin cooperates.
Electroneum is a solid project in my opnion and has a lot of upward action for the long term future.
I did personally buy a small bag at the moment.
This is not financial advice.
*Simple solutions equal successful resolutions*
Electroneum ready to pump?Keeping it simple!
ETN respecting down trend since its pump in mid May.
Bullish divergence on CCI.
Slowly approaching support level where 61.8% fibs was respected previously.
Coincides with uptrend drawn from initial breakout from consolidation on 21st April.
Potential long opportunity from demand block/uptrend/support intersection with tight SL.
Or wait for breakout of down trend and retest up-trend for confirmation of support.
Ensure SL is below previous market structure. A big move from BTC could change everything. Trade at your own risk.
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