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Trader6127

ETP Cyclical Long Trade

Long
Trader6127 Updated   
BITFINEX:ETPBTC   None
Trend Analysis Chart Patterns Technical Indicators ETPBTC ETPUSD ETP bitfinex altcoinboom2k17 altcoinboom2k18
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trendanalysis chartpattern indicator etpbtc etpusd etp bitfinex altcoinboom2k17 altcoinboom2k18
ETP looks to be starting a new market cycle. Let's look for another test of the max consolidation line (orange) where we will also find the uptrend line, and get involved from the bottom. We are looking for the market to swing back around to the 0.618 (MFR).

Cheers and GLWT!
-Erik
Comment:
We kissed the 0.11 fibo! The current move looks corrective. Watch for a breakdown. EMA200 is acting as resistance on the 1HR.
snapshot
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