GBPUSD ETP-2 bullish xabcd. Move once we get down to supportThe chance of this pattern getting down to support is slim but IF this was to happen, then we know what we should all be considering. A pattern with a reversal at support is a pretty clear way to play this bounce if it happens. Attaching an ETP-3 pattern we published earlier if you want to see how it works (attached).
I've learned patterns need to complete before we trade them, but if this is to happen, then we'll keep a close eye on it.
ETP-4
Potential ETP-4 PatternToo early to tell about this trade until i see the sonar results but the setup is a potential for the week ahead. I like the risk vs reward and the range bound with the pattern so this is good. Need to check news, price action when we enter the reversal but over all the setup is one to watch. Thumbs up if you agree!
BTC to reverse HERE at support and a reversal and ETP-2 PatternLooking for BTC to continue to call until we get to an area of support which is projected to happen at this ETP-2 pattern. The time will start once price is in the entry and looking for the reversal to happen before the 1.13 time extension. I know a lot of people might not think the BTC will get this low, but I"m saying, IF it does, this is where we could forecast a bounce.
ETP-4 pattern on the $AUDNZD dailyWith the size of this ETP-4 pattern , we're looking at scaling since the reversal area is so large. The support is in a great area so we'll be looking for price to bounce anywhere between current price and the support lows. The bounce here should be a wide area but an area that should be quite noticable and a good area to put a stop.
etp three posible waysthe power of bitcoin has been diminished in the last big wave of the bear. therefore, those who suffer the most are the small projects that have corrected close to 90%. This is the case of etp, it seems that it is more bear than bull to the entire market, which is expected more impressive corrections and with a higher resonance. consequently I would recommend monitoring this crypto as a good investment in the short term that would give good returns.
On the other hand, the strong koncorde and rsi histoalert indicators show a clear downward trend. in the first, we observe that the exponential average is outside the volume of the koncorde, which indicates a strong downward trend, that is, a large loose bear. we must wait for this fanatic mania to stop soon. the rsi histoalert from the other corner shows us that he is in a negative zone with high probabilities of settling in hell for a season.
Last but not least, the ichimoku in its chikou line also predicts big falls to come, remember that you will be notified if you like or comment.
Metaverse ETP vs Bitcoin - Downside Target ReachedSince 5th of January, after reaching btc 0.00042 high, Metaverse has been going down, slowly but steadily. ETP/BTC broke below the uptrend trendline and the 200 Moving Average simultaneously.
Fibonacci applied to the trendline breakout point shows that today Metaverse has finally reached the downside target at btc 0.00013 while forming the bullish divergence on the RSI oscillator at the same time.
This could be in fact the very bottom of the Metaverse which could result in a beginning of a long-term uptrend. However for this to happen the support must be respected and the downtrend trendline must be broken.
ETP - Amazing Opportunity - Third Cycle Is About to StartHi all,
This idea is based on moving average and chart pattern.
EMA50 has now crossed MA50 on 4 hr 0.04% chart, and 6 hour chart should catch up soon, too.
Because of small market cap, ETP -0.44% usually has high fluctuations when it rallies.
It is also highly correlated with BTC 1.41% , so with the whole market being bullish , ETP -0.44% is a phenomenal buy in my opinion. As I am writing this post, ETP -0.44% only has 62.7 million market cap according to coin market cap, that is extremely low, compared to last year when it was one of the top 40-100 coins.
I believe it will outperform the market in general in the short and medium term.
Indicator wise, RSI has plenty of room for growth and MACD has yet to turn to the positive side.
There isn't much room to drop, so we have ourselves a nice R/R.
Chart pattern wise, we can see the price action is nice and in parallel. To me, another rise is imminent.
Good luck friends.
ETP - falling wedge ( potencial 30% profit )ETP/BTC forming falling wedge pattern.
All in place:
-it's reversal pattern ( recent bearish trend )
- falling volume
Always wait for confirmation.
Metaverse ETP - Great Opportunity Of 2018?Metaverse is a relatively new coin although with a great concept and team behind it. It is always questionable if the project will become the reality, but if Metaverse team will be able to accomplish their goal, ETP could be one of the best investment opportunities in 2018.
The current price is relatively cheap and stands at $2, which is not that far of the price since inception. Metaverse found the bottom at $1 where it rejected the 161.8% Fibonacci retracement level applied to the corrective wave after the uptrend trendline breakout.
The rejection was very clean and price started to move upwards breaking above the downtrend trendline. This could be the first signal to get some ETP long term, but as always there is a risk, however, the growth potential certainly is huge.
Very first upside target is seen at $5.85 that is near previous resistance that has been rejected twice and it is the top of the descending channel. Next resistance is at $8.8, which corresponds to the 161.8% Fibonacci retracement level applied to the last corrective wave down and goes inline with the 161.8% Fibonacci channel.
These are the medium term targets that could be reached within months, but the long-term perspective could bring the price up to $30 and above this year alone. On the downside, break and close below the $1 support could invalidate bullish outlook and extend the consolidation period.
ETPBTC Metaverse. Bull Run.I see nice bullrun on Metaverse in upcoming days. Bull indicator is above 0 line and that green day candle means a lot for this coin.
Expect more bullish candles, as this coin was on dip too long. I put resistance lines for midterm timeframe. Good Luck !
ETP possible inverted H&S w/ target $4.2The chart on this one isn't clear in any way. It's a fundamentally good coin with low liquidity listed on bitfinex (which also allows for margin trading on ETP). This makes price movements particularly erratic.
Having said that, we've really just been to the bottom during the btc crash. It's highly likely to go up as bitcoin starts to gain momentum, and the upward movement is likely to be swift.
If we can break $2.15, we can expect .382 fibo level at the least. Some retracement may ensue, but $4.2 target is within reason.
The possible scenario is as the red arrows suggest.
Metaverse ETPPosition trading
The first key to successful swing trading is picking the right stocks. The best candidates are large-cap stocks that are among the most actively traded stocks on the major exchanges. In an active market, these stocks will swing between broadly defined, high and low extremes, and the swing trader will turn the wave in one direction for a couple of days or weeks only to switch to the opposite side of the trade.
We have been at the bottom for a long time. this is a good entry point.
METAVERSE IN TRIANGLEWe moving in triangle and wait for break out!
After break out we must fixed above resistance line.
Our next goal is new fibonacci level (green line).
Break out scenario is possible if market will stability increase (BTC slowly)!
Metaverse - Sky Is Not The LimitMetaverse is one of the newer coins that holds great potential. Currently, it can be traded on Bitfinex, RightBTC, HitBtc and few other exchanges but potentially could be adopted by most major exchanges in the nearest future.
The price remains very cheap in relation to the "starting price", which is $2.5 for 1 Metaverse coin. ETP/USD has been ranging between $2 and $6 for the past 4 months, but as of lately it showing the potential for the rise.
Metaverse broke above the descending channel, going up to $6.2. On a corrective wave down price went down and was stopped at 61.8% Fibonacci retracement level and the 4/1 Gann Fan trendline, both of which have been rejected. Then price broke above the downtrend trendline and yet again corrected back to 61.8% Fibs at $2.4.
It seems like a very interesting timing for Metaverse as it could be the starting point for a long-term uptrend. The very first upside target is seen at $12-13 area. If it manages to break above, much bigger growth potential should present itself. On a downside, break and close $1 support could invalidate bullish outlook.
ETPBTCVery technical coin
When it will brake nearest resistance line - can go to the moon from resistance to resistance
Now we have local uptrend and just crossed old downtrend line
Additional confirmation is triangle pattern between green and yellow trend lines
Extreme undervalued Metaverse (ETP) 500% profit target!I really can't beleve Metaverse is just at 100million marketcap in oktober they already had 200million marketcap. It's one of the only coins that didn't recover from the btc drop yet.
Why Metaverse?
- It has the perfect combination of proof of stake and proof of work.
- There a lot of ICO's comming on Metaverse. Metaverse did partner with Kick ICO and cryptocurrancy investment bank CyberTrust, together there aiming to take over the ICO markets in China and Russia. After only six months of launching Metaverse, there are at least 20 companies that want to make Initial Coin Offerings (ICO) on the Metaverse Blockchain platform. These ICOs will likely technically be temporary based in Russia, untill the Chinese government regulates ICO's and solves the current situation in China.
- Metaverse is branding themselves as the Chinese substitute for Ethereum and the company itself is based in Shanghai.
- They have a really strong developer team. Metaverse is the same size in company as NEO, with currently 60 staffs at Viewfin, a leading Blockchain enterprise within China, which Metaverse is working together with.
- The CEO of Metaverse is advisor at aion.network ICO. Maybe there is some collaboration upcomming?
And guys just think about this. Metaverse is just at 100 million marketcap. Their competition NEO did grow a lot in marketcap. Neo is worth more than 100x times Metaverse is, so their is lots of potential grow!
RSI BOTTOM FOR ETPBuy : 2.5$- 2.8$
SL : PATIENCE If you are not in margin , if margin : 1.95$
RELATIVE TP : 5.2$- 6.3$
HARD TP : 8.3$ -10$
HAPPY TRADING!
ETP Bottom of Price RangeBottom of it's price range, stoch RSI starting to show indicators that it's ready to move up. good entry.