Long
ETP critical moment - Huge swing incoming
Yo shaggerz,
ETPUSD is not doing so bad lately, compared to the whole market.
It's currenly hanging on the slowest MA, and at the bottom of the upward channel.
If the channel breaks down, shit will happen. We will use it as a STOP :)
We have a StochRSI REALLY compressed.
Anyway, i'm still bullish AF on this little monster. And we could ride a huge swing of 30%, but it will all depend of BTC and the market.
BUY : NOW !!!
SELL : Moon
STOP : Breakdown of the channel
**NOT TRADING ADVICE**
Manage your risks properly, and always trade with money you can afford to lose totally.
ETPUSD is not doing so bad lately, compared to the whole market.
It's currenly hanging on the slowest MA, and at the bottom of the upward channel.
If the channel breaks down, shit will happen. We will use it as a STOP :)
We have a StochRSI REALLY compressed.
Anyway, i'm still bullish AF on this little monster. And we could ride a huge swing of 30%, but it will all depend of BTC and the market.
BUY : NOW !!!
SELL : Moon
STOP : Breakdown of the channel
**NOT TRADING ADVICE**
Manage your risks properly, and always trade with money you can afford to lose totally.
Note
Market keep going with the selling pressure...Anyway, we might have a spring here :
Volume is pretty low, and as a reminder : "For a spring, a small penetration on small volume is bullish, as it indicates there are few traders who are willing to sell their shares below support."
Note
After another retest, we still are bullish. It's forming a huge triangle : Note
The triangle breakout leads to a baby bullflag Trade closed manually
Meh
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.