UncannyDeduction

ETP --> $0.7

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UncannyDeduction Обновлено   
BITFINEX:ETPUSD   None
I'm a rookie. Whatever you do don't take my advice.
The linked idea is redundant.
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Zoomed in:
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About to exit an outmost Fib. ring. Let's see what happens.

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Down we go.
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Found a new bullish attraction point and a bullish circle set. I still think we should get a crash coming very soon any moment, before the bullish outbreak. I will reveal the Bullish Fibonacci after the crash (if it happens), right now only the center is visible.
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I see chaos in the chart. There could be some seious market disagreement about its valuation. Alternatively my analysis method isn't working and I did something wrong.

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The setup isn't that attractive. Every ring has some friction to it and there's alot of rings in the neighborhood. High risk low reward, in my biased opinion.
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Managed to simplify and refine the chart so that there is less chaos.
Closing this idea down because it's loosing its original theme. I'll create a new idea when (or if) I believe it's time to buy. Right now I'm neutral about Metaverse (ETP).

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