The price ran into a triangle formation 2 days ago and oscillates between its edges ever since. There is now a movement towards the upper border, which enjoys support from the RSI, but the MFI is already shortly before a overbuying signal. I don't think that the price will make a significant breakthrough through the upper border and it is more likely that it retraces back to lower grounds. The only caveat here is the BTC price, which - if correcting - could cause fresh money to give a significant push to the ETP price.
評論
I moved my trading activity and the publishing of my ideas to my main account, PJUllrich. So, if you want more ideas like this, please follow PJUllrich :)