VWuelfrath

ETPBTC - Distribution

Short
VWuelfrath Updated   
BITFINEX:ETPBTC   None
If we break the blue line, I expect to find support right below the green line. That will confirm that the asset is weak.

We then have one last wave of distribution that takes us over our previous high before crashing down.

Expect the ETP dance to stop pretty soon.

All the ETP blocks are empty: explorer.mvs.org/blocks. This blockchain is worthless and no one uses it. This is the last dance before the exit.

This is a ponzy. That's all I can say.
Comment:
I bailed out after 5% profit. This looks so manipulated I can't trade this.
Comment:
Profit was USDT obvisously
Comment:
Seems like this idea is still valid.
Comment:
Re-entered a short position on the ETPUSDT trading pair
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.