ETPBTC | Three White Soldiers Reversal | Sell Target

2017年10月17日

Here's a blow up version of ETPBTC. MACD is completely oversold. To set a sell target at the end of Wave 5 is highly risky so if you are looking for an exit, get out after it goes above wave 3.

Target Sell
100k. 110k if I am feeling lucky. :D

This is assuming it follows Elliott Wave Theory. If it fails to break above wave 3, look for a suitable exit.
Enter at your own risk. Set Stop loss at 62k if you are entering now.

Three White Soldier Reversal

I spotted this Three White Soldier reversal on the 30min chart. MACD looks good. It bounced off support at 65k very nicely. I bought positions at 68 and 64.8k I'm aiming for 100k satoshis.

Definition - The three white soldiers pattern are considered fairly robust reversal signals by both analysts and traders. Typically occurring at the end of a downtrend, the three white soldiers consists of three large bullish candles, each closing higher than the last.

2017年10月18日

註釋

3min chart ETP.

Short term movement. Could it hit 100k in the next few hours..?

2017年10月19日

交易結束：目標達成

First position bought at 45k and I bought more at 65k and I just sold 50% of my position at 105k. This was one fantastic trade. :) I still have yet to decide on where I should sell the other 50%.

2017年10月22日

註釋

ETP is a very good coin to hold long term. One of the reasons is, it is trading at Bitfinex- an exchange that is very particular about their coins.

I have found charts made by other indicating, ETP is has only completed wave 2 of a much bigger movement and could move on to a huge increase over the next month or two. HODL!!