Deep Retracement on ETP - Indicators Suggest Ideal Entry Point
No FA here, just looking at TA. I advise you to DYOR (do your own research).
Few things I like about ETP right now:
-low market cap
-fibonacci retracement to 0.768 level
-TK cross on May 4th, on 1D chart using crypto settings on ichimoku
-RSI approaching oversold on 1D, oversold on charts below 1D
-yet to rally in '18 alt spring
-on major exchange (bitfinex), so high exposure to high volume once it goes
-HIGH R:R ratio (look at the bottoms vs. top), we are near the bottom
Few things I like about ETP right now:
-low market cap
-fibonacci retracement to 0.768 level
-TK cross on May 4th, on 1D chart using crypto settings on ichimoku
-RSI approaching oversold on 1D, oversold on charts below 1D
-yet to rally in '18 alt spring
-on major exchange (bitfinex), so high exposure to high volume once it goes
-HIGH R:R ratio (look at the bottoms vs. top), we are near the bottom
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