Trizle
Long

ETP consolidation ready for an uptrend

BITFINEX:ETPUSD   ETP / Dollar
ETP             had a rally from $2.3 which has been the tested support price Nov 29 till date. the price has been bouncing off that price at bottom and yet ETP             is there again. this time ready for another move targeting the range of $3.9 to $5.5 its previous high.
ETP             is about to leave the buy region which is the range of $2.3 to $3.1. this confirms an uptrend if $3.1 is broken which would be made possible with the support of MACD .
This is the last chance to get into ETP             and hold till $3.9 to $5.5. On approaching $5.5, the chart would be reevaluated to ascertain a breakout from previous all time high of $5.5.
Brace yourself. Buy and hold patiently and enjoy the ride.
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