This is a Technical Analysis only!
I bought and sold Electroneum before, anyways I have a sum of ETN that I keep safe in a wallet. Probably It will never go that high but who know, cryptos are the future and right now they are on steroids.
The first trade was made at the first Blue Arrow at 0.0057$ and I took profits at the next big blue arrow at 0.012$. It went a bit higher but my analyze said I take profits there so I did.
Anyways, price is dipping, is it the right moment to buy?
You will say yes, probably because I said that I bought ETN in the title.
So, let me tell you why I did so at least.
We have a bullish flag and price broke above the the trendline, but that's not the only confirmation though.
Price did correct after that bearish move and now it is making High Highs and Higher Lows. I do though expect a bullish move. Which means I already have a TP in mind.
Long term movement! A bullish channel on forming, I expect to be respected and further I expect ETN to tap 0.0224$.
What do you think about ETN?
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theatdhe!
