Metaverse(ETP) Event Tuesday 24th October 2017

in #metaverse7 years ago (edited)

etp.png

Metaverse(ETP) will be speaking at the World Blockchain Summit in Dubai on the 24th October. This promising new technology has been booming all week. Unfortunately its hard to analyse a chart that just goes straight up. But we can try buy in little dips and tighten our stoploss later.

WARNING! Trading a cryptocurrency is risky when the RSI is above 70.

etp1hour.png

ETP slows down over night. On the one hour chart you can see it made a higher low. Price bouncing off 12 day EMA. RSI moving upwards and MACD starting to cross. TA indicates it can go up further throughout the day.

Trading strategy is to buy in now, with a -10% stoploss. Tighten stoploss before Tuesday.

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