Metaverse to Everest expidenture comes to tragic part, "the correction"
I don't think it can go any higher at least for a while. Consider: - Only bull coin in the bearish market in last week - Coin fundamental (base in China and now China FUD) - (several reasons)... please do more research .....?
What I would hope to look for, it should start co consolidate and find the new uptrend on good news
Be careful when looking for get rich quick coin. I think lots of people who enter Bitfinex this month will have to learn.. nothing last forever. Me OMG investor.. I have learnt that.
Don't look so short term. Look at the 240min/4h chart. Tweezer bottom at 4.22 - 4.30 USD. Still going up in its normal course. Don't panic on corrections. All good!
vorapoap
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@hougaz, Yes.. 4.4 USD support is good. but watch out for Bull trap too.. That is another ascending triangle..... hope not to be bull trap!.
DanAlexandruMarii
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Bullish divergence in the rsi, macd in a good position? Just asking, cause i'm new to this... I think if it breaks resistance it's gonna go to a new ath
vorapoap
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@DanAlexandruMarii, I know RSI and MACD, but sometime it is not working for this market. I read that lots of trader would buy above resistance break out to reduce risk.
Since you are new, you may like to do deep research about this coin, about the owner, and team... you will find many things more interesting than just TA.
DanAlexandruMarii
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Any updates?
vorapoap
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@DanAlexandruMarii, it is consolidating a bit.. but it could be bulltrap.. if someone likes to enter.. it is not the coin you can buy and leave it for a day... set stop limit or watch if it break triangle and etc.... because when it go down .. it go like -1-2$..
I am already out. I get into this coin only for quick profit and short timing. I know someone got in at 1.4 he is already out too and back to quick profit from time-to-time.
DanAlexandruMarii
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@vorapoap, I'm out too. I entered at $ 0.9 and I don't think we will see $2 again. It is a very solid project. Will enter again if it dobble bottoms at $4.3.
vorapoap
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@DanAlexandruMarii, I think it will go crazy again after China FUD, since many projects base on ETP are in China.. Let's see.