Well atleast I can feel my way to success, lol 
well i did not expect we Come back this low this easy after breaking and almost even reaching the 0.618 fib at 56 sats. Expected the reverse to hold MUCH stronger support on 0.5 fib after that huge candleā¦
Well, 0.382 has came into play again and is The trading level as of now.
I remember thinking along time ago that the sats price is irrelevant and Iām coming back to that conclusion again after speculating on the USD charts again.
See picture for what I mean. Chart is ETN-USD 2018-11-15 -> til date.
So I personally conclude that the sats price is out of speculation, everyone in the market wants cash-fiat from trading. Therefore the USD&FIAT chart will tell us what people do.
Conclusion from me is that bear trend and shorters market is still going strong and have the upper hand in the market as of now.
When will it change? Maybe today, maybe not. All I can say is that the market is bear and for it to turn in a clear positive trend iād want to see us trade into 0.006~ USD again, with a bounce or 3 on 0.0045~ usd.
Still, personally for the longterm game I am very faithful of a hard reverse sometime in the future. There simply is to much GOOD in the project for it to always be in a beartrend. Eventually, new and former investors will likely enter the market again.
Nothing of this is for granted, itās all just speculation of what I personally seems to be the propable gameplan. I would NOT trade on what I say.
Anyone feel free to give some input wether you think the USD chart is the main chart to keep priority on or if the BTC pairing chart is the driver of the market.
Edit* To put into more context of why I think the USD price is MUCH more relevant then our satoshi price, simply the fact that USD price will almost always reach technical targets, and as evidientally the satoshi targets are almost never reached due the fact that the USD target has been reached before the satoshi target can get to itās personal technical target.
Thank you for your time, and I really do like if you have something to put into the matter. As Iām just a newb. 
Uptrending supportline holding us intact so far since the initial runup.
Still the same story as the past posts. Break 48-50 sats with some volume and confirmed bounces on the target and we will likely face a runup towards 60 sats and eventually 72 sats.
Weāre bulding some pretty good support if we break down now with targets at 46~sats, 41 ~ sats and worst case scenario 39~sats. These lines coincides very well with 0.382 fib retracement, 0.618 and 0.786 if we break down.
Maybe the sistemcoin competition can help us break the resistance at 48-50 zone, actually their exchange have already broken it. But I wouldnāt hold my horses on it being a true rally. 
I keep it as above post, I want to see us bounce on 0.0045 USD a few times and then reach and fight through 0.006 USD with a ascending triangle for me to become a bull.
Edit* We have roughly 2 days to either break the horizontal red line on 50 sats and continue the runup to firstly 60 and eventually 72 sats, or break the uptrending support line for bounces on 46 & or 41 sats. I do NOT think we break 41 sats do we break down. I think even 46 sats will be hard to blast through.
Good times, some decent volatility and trading oppurtunities on the horizon for the one who is patient enough to daytrade etc. Iām not one of them atleast
Edit*
I wanted to add something to give into perspective of why the range of 48-50/51 sats is so heavy resistance and so very important in the immediate future.
Since the day we broke out of the 90/100 sats range we wicked down to 41 sats and formed that current bottom on 50~sats, we bounced hard to 72 sats and came down to sideways action for quite some time on the 50 range.
And as we can see, it is rejecting us heavily in the regions right now, but on the good part our lows is getting increasingly closer to this region. So the breakout IF to the upside should bear some very hard significance.
See down here how many times we have retested the resistance the past weeks.
And we can also see how heavy we pumped when we fakedout from the region, volume came as an instant and the candles got significantly bigger.
Repeatedly retesting support is usually a bad sign, and repeteadly retest at resistance can usually be taken as a good sign.
I just wanted to clarify why Iām personally giving this region so much time and posts.
Still not a financial and trading expert and this is all just purely for my own pleasure and fun.
Interestingā¦
LOLā¦heās not explaining some sort of unknown phenomena and you donāt need a line break chart to recognize it. That pattern is what I call the āMā pattern. If you see a M pattern form, you can bet price will continue to drop. Iām not understanding what the line break chart has to do with it. When he was trying to explain it by reading the paragraph, I simply fell asleep. Thereās nothing special about it (IMHO)
But, in terms of the M pattern you can bet the market will drop further. DaVinchi calls it the smile pattern because you can make a smilie face around it. He likes to say, āif the market is smiling at you, itās about to take your moneyā.
This is a short stop, ticket to economic welfare, going further to much more expensives stop,. that will continue,. its only the beginning of this trip.
Could this X of the two support lines tell us something, maybe the turning point for BTC and the rest of crypto?
I drew a very similar looking chart last night 
How can volume decrease yet price increase>?
In my humble opinion, volume is just a indicator like RSI, MA etc. All just a spoke in the wheel, surely not the be-all, end-all? Lets see what the guruās here say about it?
That is a form of bearish divergence. However, on the daily chart we see the EMA ribbon and the 21 week moving average are coming up to meet the current price. Barring any massive whale selling, we should see some movement up as those averages meet the price. They are all around 47 sats right nowā¦so I am not anticipating any moves lower than that.
Edit: 2 hours after posting this, ETN is trying to have a minor dump. 47.01 sats at the time of writing this. If it dumps harder, I suspect a wick back up will ensue. We shall see!
BTC Dominance creates a lower low and a lower high.
Iād say there is a good chance that alts may see some more love.
ETN also is holding really well against BTC and I personally dont mind adding some to my longterm position at these prices.
Here we go, lets see if VTC can break that resistance line (X), and give us (ETN) a boot under the buttocks
Our first and major support area, lets hope this holds?
Maybe so, Iām sceptical at the moment. Feeling we will come back down to 0.618 fib at 41sats, weāll see.
Btw could the team please reach out to Kucoin and make our btc pairing to 8 decimals again? 10 decimals feels very unhealthy especially when low volume and the majority of orders are executed by bots. With 8 decimals they wont be able to control the market quite as easily, not with profit atleast.
The 10 decimals is a Kucoin platform option. It is not coin specific. You can change it yourself. But I do agree overall, I donāt like 10 decimals.
Hello everyone, friends. I havenāt been in the forum for a long time. I wanted to do a technical analysis on ETN. Itās stuck between 50 days of MA and 200 days of MA. 50 days of MA support is available and 200 days of MA are moving downwards. I think etn will have a good day in the next two weeks.
But i dont see any other of the coins on XXsats have 10 decimal order books? For example they would be either 40 sats or 41 sats and not 40xx sats as we have in our book? Not sure though but thats what ive noticed
Iām not a fan of all the different technical tools that one can use, but I see many people use the ichomoko cloud indicator. And I put it on the ETN chart for funsies just now, and come to realize that on the Kucoin daily chart we have only once been above the cloud before, and we built a top on 400 sats then. Iām sure many of you know of that pump.
However, for the daily chart as of now we are once again for the second time in Kucoin history above the cloudā¦
Could be existing to follow and I will keep an eye on this indicator in the coming weeks to see how it will play along with the chart.
Thank you and take care.
*Edit - What is your favorite tools for charting to use? Anyones that gives you superior āconfirmationā and belief regarding where the market will head?
My personal favorite tools is simply past price action with resistance and support levels/zones & ranges. Sometimes I can find the RSI and stoch RSI quite intrieging aswell but I really donāt pay all that to much attention to them.
