Electroneum (ETN) - daily review

in #bitcoin7 years ago

To make this review laconic in terms of the fundamental data of this project and then focus on technical analysis, I decided to add an official video about Electroneum.

ETN/BTC have a good pattern for buying - falling wedge + rollback + accumulation.

etnchart.png

Sellers and buyers are in balance that is characteristic for the accumulation zones.

etn.png

If you move away on the hourly chart, you can observe three falling wedges in a row. This indicates a decrease in the number of sellers and is a signal for the dominance of buyers over sellers.

ует.png

To invest or not is your choice.

Thanks for reading.

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