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Electroneum

ETN Bull run or Bull trap...? (ETNUSD) LONGHello!🌟 Hello! 🌟Hello! 🌟 Greetings fellow explorers, advocates, traders, and Crypto enthusiast 👾 We are broadcasting directly from an undisclosed location in the Alpha Quadrant 🤖 beep beep bop boop 👾 *Before jumping into the content for today, I would like to take a moment to acknowledge everyone who is facing adversity due to global pandemic. Our prayers and best wishes go out to them ❤ If there is anything that I can do please do not hesitate to DM me. We provide our clients with Curated Business Solutions to meet their needs and desires. Together we can achieve more. #GodBless 🚀 Its time to teleport to the WORLD of ELECTRONEUM ! ✨ Alight guys, take a deep inhale, exhale fully and sit back, relax, pop open a cold one and enjoy the show 😀 Trending : Long ✔ The chart above was created on April 22nd. Before posting it, I wanted to wait for a certain breakout. That confirmation happened on April 26. Over the following 4 days you guys can see what happened. Something interesting take place yesterday on this daily chart. The 300 MA popped up! I like using the 300 MA on the daily chart, because, I think it is a significant indicator of a trend reversal. ALRIGHT MOVING OOOON ! I took the pleasure of adding a yellow line to emulate the 300 MA prior to yesterday going back 5 days. We touched it, broke it, and closed above it. Now we sit below it. I am looking for a consistent closure above the 300 MA for the daily chart in order to make the CALL and open a trade. Support : 21 EMA ✔ The 21 EMA provides support on the large time frames like the daily and above. What kind of support? I'm glad you asked. The kind we see when there is a full blown out Bullrun. Now, I am not confirming that we are indeed in a bullrun. I am just stating how it is. Additional Support : 100 MA ✔ A) Keeping the daily 100 MA in mind moving forward. Lets zoom out to the weekly chart. Here, we would see that the 21 EMA is sitting right where I drew the red line acting as support. B) The blue line represent the 21 EMA on the 3 day chart. Again providing additional support on the larger time frames. C) Last but not least, we have a box representing the additional supports (A) (B). At the moment (A) is acting as support on the daily time frame. If we brake down I'm looking for support at (B). Due to BTC halving in a couple of days, I do not believe we will break further pass support (B). But what do I know 😁 nothing is ever guarantee in this space. Final Word 🔥 Proceed with caution over the coming weeks. One thing I will mention is, that about a year ago, I started hearing chatter about ETN decoupling from Bitcoin. That ETN was going to the moon 🚀🌕 All the moon bois got so excited they went out and bought up all the news. As we well know what transpire over the last year it was nothing close to BOOM, BOOMING, or MOONING. For this reason I, myself, move with caution and that why I waited to post this chart. We need confirmations first before diving deep in any situation(this applies to every aspect of our lives). Anyhow, to finish my thought on ETN decoupling from BTC, as you can see in the chart above ETNUSD (as well as other pairs like ETNBTC) was trading somewhat of independent of BTC, but, In March 2020, all that changed. Since then, ETN has being moving right along the same path as BTC. I've always been long on ETN for the most part and will continue to accumulate. Use your own discretion. Where will BTC go? Will ETN follow? or will ETN "decouple?" These and many more question should be answered in our next adventure. So long my follow explorers 👾 🌟 Stay Safe 🌟 Stay Blessed 🌟 Stay Humble (Disclaimer * This is not investment advice. This is purely for entertainment and educational purposes.) Awareness618
by Awareness618
Are the tides turning for Electroneum..? Hello beautiful people, hope you're enjoying the weekend! Today I joined my wife on a walk in support of Alzheimer's disease, which is affecting my grandma, bless her soul. Now! Lets jump into ETN and see what these charts are telling us. As many of you know by now I am a swing trader. I am looking at profitable entry/exit scenarios. My last chart displayed a descending wedge, and on September 13th, we broke upward with a 17 point move, 51.52% profit. These are some of the moves I look for and share with my VIPs. Ok, so that's in the past and I'm sure you guys are not here to read up on past event's but rather get an understanding of whats to come. Let's jump into that. Inverse H&S: In case you missed out on the recent breakout of a 51.52% profit, which was nice but only a test run for whats to come. The next confirmation I'm looking for is an inverse H&S before a 80.49% profit breakout. This pattern should form in the next week or 2. The entry is 41 sats. Risk management - exit the call at 17% - 18% (34 - 33 sats). This is not investment advice. This is purely for entertainment and educational purposes. Awareness618
ELong
by Awareness618
ETN/BTC (Electroneum) 84% Profit Potential ..!!ETN/BTC (Electroneum) - Falling Wedge Broke out in Daily Chart. - RSI & MACD Bullish Divergence Spotted.. - Volume is Coming - 84% Profit Expecting (If Follows my Plan) Please, give us your opinion in the comments! If you like the idea, please, hit the Like button and subscribe to the profile in order not to miss our updates. Join Telegram Channel for more analysis - t.me The information given is never financial advice. Always do your own research.
ELong
by Faibik
1
Electroneum pushes sideways but for how long??Hello everyone and welcome back. Hope everyone is having a great summer! Looking at the #ETN chart we can see sideways action over the past few weeks. In my last updated, I did mentioned this was to be expected, even after the upgrades to Electroneum's blockchain. The reason is simple, we have more hodlers and sellers then buyer. Now, thanks to the upgrades and partnering with NGOs for mining purposes, as well as others, we see less selling pressure. In the chart above I outlined two things. 1) Descending Wedge - If ETN follows this wedge downward then it is likely we can see low 20s, which was the case when we were in the mid 40s and I called mid 30s. However, even if we dip to low 20s I believe it will be short lived. The other possible scenario is that we break the wedge sooner within the next 10 days and continue with the sideways action between 40 - 60 sats. We need to wait for confirmation before deciding on the direction of ETN long term. 2) The bottoming Curve - When a trading asset bottoms out, it creates a curve where the price initially spikes after tremendous downward pressure then it creates a lower low and begins to move sideways along this curve until it breaks free to the upside. In about 10 days we should be around the middle of this curve. Electroneum is a project that showed great potential from day one, but the direction of the company was never clear until NOW. After the last blockchain upgrade we have a clear understand of where the team wants to take us. The next half of 2019 is looking very promising. If there was ever a time to accumulate and fill your bags it would be now! Everyone enjoy your summer, keep your bags safe and don't believe the FUD. The greatest things in life come at a great price so patience is key. This is not investment advice. This is only for educational and entertainment purposes. Awareness619
ELong
by Awareness618
8
Electroneum (ETN) Analysis DAILY Electroneum Just had a major fork. To sum it all up, they are invulnerable to 51% Attacks & reduced block rewards by 75%, which means no more dumping on exchanges hopefully. We have what seems to be a never ending downtrend which has tested multiple times, This is my TA on ETN, once we break this trend we can use it as support to then approach ICO level again which is 1 cent, then bring back the investor confidence & get the ball rolling for higher highs.
Long
by Ricosuavea
Electroneum cheap ETN chart (gag chart)Hi guys! Hope all is well, pick up your cheap ETN while you still can. Looking at the chart you can see what i'm talking about here. I won't go into much details. This is what I'm hoping will happen, i'm praying to the crypto GODS to deliver on this chart lol Right now we are testing the bottom again for a third time. This is not investment advice. This is only for entertainment purposes. Due your own due diligence. Awareness618
ELong
by Awareness618
2
Electroneum test support?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
EShort
by Awareness618
5