ETP Buy Opportunity!Hello Buddies, As you can see, ETP has reached its solid support again, and it has provided a big opportunity for a short-term trade. The first and immediate target would be around 0.00004 BTC, which gives you more than 25% profit.
Good Luck...
ETP
Maybe a good opportunityafter some back and forth i think that this is an opportunity for a Cup & Handle.
entry: 0.53 usd
target: 0.78 usd
this is not a trading recommendation!
There is a possibility for the beginning of an uptrend in ETPUSDTechnical analysis:
. ETP/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.4000 to 0.2500). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.4000)
Ending of entry zone (0.2500)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.5700
TP2= @ 0.7400
TP3= @ 0.9000
TP4= @ 1.1000
TP5= @ 1.3500
TP6= @ 1.6650
TP7= @ 2.1500
TP8= @ 2.5400
TP9= @ 3.2500
TP10= @ 3.9500
TP11= Free
There is a possibility for the beginning of an uptrend in ETPUSDTechnical analysis:
. ETP/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.4000 to 0.2500). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.4000)
Ending of entry zone (0.2500)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.5700
TP2= @ 0.7400
TP3= @ 0.9000
TP4= @ 1.1000
TP5= @ 1.3500
TP6= @ 1.6650
TP7= @ 2.1500
TP8= @ 2.5400
TP9= @ 3.2500
TP10= @ 3.9500
TP11= Free
There is a possibility for the beginning of an uptrend in ETPETHTechnical analysis:
. ETP/Ethereum Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0023000to 0.0016000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0023000)
Ending of entry zone (0.0016000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.0032500
TP2= @ 0.0043000
TP3= @ 0.0055000
TP4= @ 0.0079500
TP5= @ 0.0098900
TP6= @ 0.0118350
TP7= @ 0.0146100
TP8= @ 0.0181700
TP9= Free
There is a possibility for the beginning of an uptrend in ETPETHTechnical analysis:
. ETP/Ethereum Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0023000to 0.0016000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0023000)
Ending of entry zone (0.0016000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.0032500
TP2= @ 0.0043000
TP3= @ 0.0055000
TP4= @ 0.0079500
TP5= @ 0.0098900
TP6= @ 0.0118350
TP7= @ 0.0146100
TP8= @ 0.0181700
TP9= Free
ETPBTC: Looking Better Than MostAfter a big move in the last 24-hours, we looked at ETPBTC. As with many alt-coins, the recent rally has brought the coin right to the top of its previous 4th wave and a big Fib speed resistance line.
In the case of ETPBTC, if it can close above 8782 on a 2-day chart, there might be reasons to say a legit bottom is in here.
Bottom Line : Generally speaking, we're not a fan of chasing alt-coins after a big up move. That said, ETPBTC does have bullish technical potential. If alts and big coins can turn around and have an up day, the ETPBTC technical read could flip to optimistic and traders might go with strength at that point.
Metaverse (ETPUSD) short.All description on the chart.
Please, don't forget to like and follow.
Thank you.
Metaverse ETP (ETPUSD) short.All description on the chart.
Please, don't forget to like and follow.
Thank you.
Metaverse ETP (ETPUSD) short.All description on the chart.
Please, don't forget to like and follow.
Thank you.
ETPBTC continue of my trading... What will be later :-) ???ETPBTC continue of my trading... What will be later :-) ???
Metaverse ETP (ETPUSD) long.All description on chart.
Please, don't forget to like and follow.
Thank you.
ETP is pumping again, and no one has noticed it!Hello dear crypto friends!
ETP, a major pump & dump candidate, is in the pumping phase again, and no one seems to care. I wouldn't have noticed it if I hadn't seen the huge above avg. volume on Bitfinex.
Have a look at the perfect Daily Ascending Triangle that broke out, giving solid 50% profit.
It is so funny, because during the last pump, it was exactly around this price range, when I had noticed ETP on Bitfinex. So if we take a look at the preciding price action, we could still see some action coming up, as we had doubled form 2 to 4 Dollars back then.
If we now zoom in the 4H chart, we can actually see another Ascending Triangle breakout, but have a look at the ugly wick of profit taking:
=> Conclusion guys: Very big caution here, as you can get faked out extremely fast because of low volume. If you ever wanna play this, you can only use a small position size (which obviously depends on account size, for me at least it's very dangerous).
So why am I posting it then? => Because we always have to look for great opportunity, for big movers, that's our job as traders. If a shitcoin pumps, I don't care as a trader, I look at the price action & try to take advantage of it. The same was just going on with BSV btw.
I will attach my ideas from last year to ETP.
Have a great day/evening global family! ;)
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :)
Edgy is providing trading metrics & online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
A trading opportunity to buy in ETPETHTechnical analysis:
. ETP/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.03182 to 0.02924). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.03182)
Ending of entry zone (0.02924)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.034943
TP2= @ 0.037824
TP3= @ 0.040771
TP4= @ 0.044862
TP5= @ 0.050730
TP6= @ 0.063500
TP7= @ 0.088800
TP8= @ 0.109300
TP9= @ 0.129800
TP10= Free
A trading opportunity to buy in ETPETHTechnical analysis:
. ETP/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.03182 to 0.02924). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.03182)
Ending of entry zone (0.02924)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.034943
TP2= @ 0.037824
TP3= @ 0.040771
TP4= @ 0.044862
TP5= @ 0.050730
TP6= @ 0.063500
TP7= @ 0.088800
TP8= @ 0.109300
TP9= @ 0.129800
TP10= Free
