ETPBTC - Interesting set-up, but highly speculative asset
Not 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.
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.
Trade geschlossen: Stop wurde erreicht
Trade ist aktiv:
Reopened a long
Trade geschlossen: Ziel wurde erreicht
Let's hope for a BTC recovery soon so we can evaluate the potential.