$ETP #Metaverse Anti-bearish-market rise next target. #ETPBTC First of all, this is the log scale.. it is what I've learnt from Mikael. The log scale fit perfectly for crypto. You may like to try draw it for Bitcoin history to see something fascinating.
Ok... I believe the first elliot wave has ended due to Wave 5 retraced more than 0.618fib. So.. it seems like this anti-bearish-market rise needs some correction before going further. Or it may already have at 0.236fib (34KSat) of the whole Elliot Waves ?
Due to market manipulation, I personally don't think it will go further down than 29KSat.. something between 29KSat to 35KSat should be the good buyzone.
So sit tight, and enjoy the rise... but if we miss... Long live HODLER!
Next target at 69KSat
This is not investment advise, more likely my personal journey..
ETPBTC
ETP has had a nice run, hit a resistance level, time to shortRising wedge on 4H ETP/USD chart. Bearish divergencies on daily and weekly. uptrend is weakening. Time to start building a short position, targeting atleast 0.618 levels at $2.43.
ETPBTCAll alts fall and this grows without a normal correction
On MACD bearish divergence
Goals on the chart
BIG short
$ETP #Metaverse healthy rises over the bear market (Easy 3x 5x)$ETP shines after SuperNova hard fork.
Low cap coin + Great tech/team + Very under-valued
TA looks like $ETP is rising in the channel or it may also form giant cup handle or giant inverse H&S
The fundamental is great, if you want to make good long term investment.
Digital Asset + the first Blockchain with Digital Identity (Avatar) + Superb Lightwallet
Several real businesses are going to run on Metaverse like ParcelX, LeBlock, Luxchain, etc,, ( 82club.com )
ETPBTC is also just listed on Coinsuper, one of top and fastest growing exchange in HK.
I also heard that Coinsuper will also utilize Metaverse's Digital Identity
While Eric Gu (CEO) is delivering more and more real business partnerships and connections.
Chen Hao (CTO), the top genius Blockchain dev in China and his team have already delivered everything up to their road map and timeline so far.
And the new Metaverse Marketing team has been doing so great!
So what are coming next?.
Digital Identity 2.0
Oracle
On-change Exchange
Smart Contract
There updates also include "cross-chain asset transaction service between Ethereum and ETP"
Metaverse clearly focus on helping Blockchain adoption for real business.
FOMO will definitely kick in once the project is known by greater audience.
Short-to-medium term gain is imminent while long term benefit is definite.
medium.com
medium.com
docs.mvs.org
medium.com
Metaverse Strong Growth Against BitcoinOn the 24th of June, Metaverse formed a double bottom at 7820 satoshis, after which price went up sharply, resulting in a 160% growth against the Bitcoin. Price has found the resistance at 20900 satoshis, where it has rejected the 38.2% Fibonacci retracement level.
But at the same time ETP/BTC broke above the descending channel and closed above the 200 Moving Average on the daily chart. This could mean the beginning of an uptrend, with the strong upside potential.
Still, the corrective move down could take place, especially after such a strong growth. ETP could decline towards 38.2% Fibonacci support at 15875 satoshis, and perhaps even lower, prior to the uptrend continuation.
There are two scenarios where investors could take advantage of the potential uptrend. Either wait a corrective wave down, the rejection of the Fibonacci support, or trade the breakout above the current resistance level.
ETPBTC: potential inverse H&SEither inverse head and shoulders or continuation of downtrend / flatline
ETP bull flag 10% + 20% oversold bounce explosionHey guys, hope you're doing well! :)
ETP is one of the strongest candidates right now on Bitfinex. We're looking at a perfect example of a bull flag break, + a 20% RSI oversold bounce. I'm specifically showing to you, how much percent gains each RSI 15-min oversold bounce would've given you.
If you had some value from my analysis, please like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses!
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
ETPBTC (LOOKING FOR HEAVY RETRACEMENT)Over the last weeks , somehow etp/btc went parabolic without being backed by any news. Anyway what goes up must come down. My shorts on this are open my target is shown in chart. Make sure to have a stop loss in place.
I would really aprreciate if you leave a like/ follow
Hit a 1W Resistance. Short.ETPBTC has seemingly reversed already after hitting the 0.00029564 Resistance on 1W (RSI = 54.551). 0.00022501 and 0.00019525 are the support levels to watch (the latter is our current short's TP also). If the price action imitates the previous pattern (Jan - March) on 1W then we will have another Resistance test before dropping further. In any case shorting here for medium term targets = 0.00013581 and 0.00009315 is more viable.
ETP extremely strong!Hey guys, after a few requests I've finally looked at this gem: wow, what a move from the lows! We have come 350% and are still very strong, even in the consolidation.
We have broken the 1.6 together with Bitcoin on Tuesday, and from that break even made another 40% to the upside, up to the Highs at 2.2
If we look in the bigger picture, we can clearly see that $2-$2.5 was an important previous support zone. => We're not going to go through like butter in this region.
Our 4H Higher lows are at 1.78, even if we lose those, the bulls have nothing to fear up around Daily EMAs 12 & 26, which come in at around 1.7 & 1.4 respectively.
It's still looking very bullish on the Hourly & 4H: if we break the current bull flag to the upside, we can clearly reach the previous Highs again.
I wish you a great weekend still! ;) If you do not want to miss my Daily Crypto Analyses updates, please like & follow me! ;)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
ETP/BTC failed to reach the next targetThe rate failed to reach the UML of the descending pitchfork in the last two attempts, so the minor decrease is normal. It could reach the former warning line (wl1) before will try one again to reach the upside target.
ETP/BTC reached an important targetPrice has really managed to escape from the extended sideways movement. ETP/BTC was attracted by the confluence area formed between the 50% line with the warning line (wl1). Only a valid breakout will signal a further increase.
ETP coin WTF??? Playable July 2018So looking at this coin. It has mooned. For me now it is a short. Can do so on Bitfinex! Look for it to hit the 50-70 fib for a retrace, buy there. So for me is a short then long if things are bullish. Always BTC depending.
Cant keep going up right : )
ETPUSD is in a very strong bullish trendHello guys,
looking for something of interesting to trade during these extremely boring trading days I came across this token appearing quite intersting.
Due to the small volatility of these days is necessary to narrow time frame: in this cases I generally use a 2 hours time frame, not too long and not too short.
From this chart we can see ETPUSD in a good bullish trend:at the moment prices are consoliding above the resistance between 0.93 USD and 0.94 USD (R1). This consolidation is usefull to relieve the indicators to prepare a possible bullish spike. Volume are quite good if compared to historical data reguarding this crypto and in respect to the actual market.
If prices are able to remain near or just above this resistance, favoring a "recharge" of indicators, we can see in next days a possible new run to resistance area between 1.15/1.18 USD (R2) and then to 1.30 USD (R3). If ETP would changing trend can come back to 0.85 USD (S1), where passes the 200 MA calculated on 15 minutes time frame, and then to 0.73 USD (S2) where we find an important supportive area.
To summarize:
if prices remain steadily above area R1: 0.93/0.94 USD ----> R2: 1.15/1.18 USD ----> R3: 1.30 USD
If prices falls S1: 0.85 USD ----> S2: 0.73 USD
***This analysis is not a buy or sell advice, it is drawn up for educational purpose only***
ETPBTC - Interesting set-up, but highly speculative assetNot 100% sure what I think of Metaverse ETP.
As a technology, it seems to have solid fundamentals and team, but it lacks in communication. Furthermore, they are not listed on many exchanges which I find weird.
Nevertheless, the chart set-up is interesting and we should probably be keeping an eye out for a breakout of the pennant.
I did open a position on this. My stop losses are below the pennant support and I have not worked out the targets yet as this can possibly be a long term hold at this price.
Let's reevaluate down the road.
ETPIn bottom good opportunity to buy in deep. After we break resistance line we go to the moon.
Fundamental
Mainnet is already released, its supernova first phase of digital identity that was supposed to happen on 31st may a hardfork(not a coinsplit)
Its delayed to june
github.com
A Visualized World of Blockchain - LeBlock
medium.com
LeBlock - mobile game that is built on the Metaverse blockchain.
Has reached close to 70,000 users, LeBlock aims to continually develop new games and features to improve the gamer experience. By the end of 2018, the total user base can reach 200,000 strong.
the third oneIf BTCUSD doesn´t go crazy, this would be a possible scenario for a trade. Look out for the next moves and watch btcusd also. If the trend goes down, it could hit the lowest support level shown on this chart.
good luck and happy trading.
[ETP] My long term ETP/BTC predictionbroke out of huge falling wedge and we have a confirmation by a confirmed cup and handle more easily visible on the smaller time frame charts.