ETP. Is`t correction now?

23. Juli 2018

First target 1.54$. then two scenarios are possible.
1) Test $ 2 and drop to $ 1.12. From there, the beginning of a new strong growth.
2) at 1.54 the correction ends and the growth begins to 2.7 on the fibo levels and to 2.8-3 $ in liquid zones.
There is a scenario of continuing uncorrected growth, but it is unlikely. The volumes have become less than those of the previous growth.

27. Juli 2018

Anmerkung

the price did not go to the bottom line of the trend channel (1.55), but formed a consolidation. At the moment, the probability of breaking the triangle is higher. Sellers are weak. Zone 1.82-1.84 failed to break through. Buyers are more aggressive and the impression is that they gradually buy up the sellers.

31. Juli 2018

Anmerkung

monster...

6. Aug. 2018

Anmerkung

ETP has reached the target and is now being corrected. I expect it for $ 2.2.

8. Aug. 2018

Anmerkung

As I wrote in the previous post, the price has reached $ 2.2. Buyers firmly hold this level. If buyers keep this mirror level - the net will continue its growth. Otherwise, we will have a lingering correction.

10. Aug. 2018

Anmerkung

When the BTC fell, the ETP was very well kept. Buyers kept the mirror level (2.2-2.3$) and the ETP is ready again for growth. But the angle of customer attacks has changed, a wedge has been formed, which often breaks down. Followed by trendlines wedge lines. Currently, the local target is $ 2.9.

13. Aug. 2018

Anmerkung

ETP moves to the target.

15. Aug. 2018

Anmerkung

consolidation 30%