4XXXX

ETP not perfect

BITFINEX:ETPUSD   ETP / Dollar
Price action has played out, but the daily candle has turned out to be 'not perfect' - so is less reliable. Maybe we simply have an oversold divergent bounce? I feel this needs some good news (either Chinese or ETP ).

- instructions on chart if you want to get involved.

Heppy trading.
Comment: News that ETP is to be listed on the Europe exchange: HitBTC on the 1st Novemeber (today) may be what rallies this price again.

Related Ideas

By the books, if it's not a perfect 9, just skip 1 or 2 candles and you will get the reverse.
Let's see
+1 Reply
nunojusto nunojusto
Like i said and the vsBTC confirms skip 2 candles
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4XXXX nunojusto
@nunojusto

HI, ah, so wait another 1 or 2 candles. I did not know this, I just thought it was less reliable as a whole. Thank you for your input. The ETP price action is straining to reverse, so many sell orders have been taken already on that reasonable pullback.
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@4XXXX, But BTC run to hard-fork might destroy any of our good positions. I'm all in BTC and waiting for signals on ETP and IOTA
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