ETP. Is`t correction now?

First target 1.54$. then two scenarios are possible.
1) Test $ 2 and drop to $ 1.12. From there, the beginning of a new strong growth.
2) at 1.54 the correction ends and the growth begins to 2.7 on the fibo levels and to 2.8-3 $ in liquid zones.
There is a scenario of continuing uncorrected growth, but it is unlikely. The volumes have become less than those of the previous growth.

Comentário:

the price did not go to the bottom line of the trend channel (1.55), but formed a consolidation. At the moment, the probability of breaking the triangle is higher. Sellers are weak. Zone 1.82-1.84 failed to break through. Buyers are more aggressive and the impression is that they gradually buy up the sellers.

Comentário:

monster...

Comentário:

ETP has reached the target and is now being corrected. I expect it for $ 2.2.

Comentário:

As I wrote in the previous post, the price has reached $ 2.2. Buyers firmly hold this level. If buyers keep this mirror level - the net will continue its growth. Otherwise, we will have a lingering correction.

Comentário:

When the BTC fell, the ETP was very well kept. Buyers kept the mirror level (2.2-2.3$) and the ETP is ready again for growth. But the angle of customer attacks has changed, a wedge has been formed, which often breaks down. Followed by trendlines wedge lines. Currently, the local target is $ 2.9.

Comentário:

ETP moves to the target.

Comentário:

consolidation 30%