If you right that will be great 
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Looks like false alarm 
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Is this good or bad??
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Not good or bad, just natural market oscillations.
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The buying wall on Kucoin ETN/USDT is vertical. I take that as a good omen.
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Check out the daily RSI bouncing off the same uptrend all the way back to November. We just bounced off the same line again.
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The bounce just happened to correspond with a perfect bounce off the bottom of an ascending channel.
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is that a good sign for Electroneum?
Next up swing could at minimum have as much rise as the last one or more. Anywhere from a few cents to a ceiling of .16 IMO if it follows current market trends, unless some substantial development/news comes out and it outperforms or the opposite and markets trends turn the other way or some substantial negative developments.
(Not a professional, not advice, learning to read the markets myself, just what I see , time will tell)
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Appreciate your reply thanks! Excited for that price!
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I think it looks great, if there’s a breakdown it’s a perfect opportunity to pickup more before it leaves this price point. A break down would most likely be a fakeout or would be short lived in the current market IMO
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Technicals look long term bullish to me. It’s anyone’s guess as to where the final bounce occurs before the next leg up though.
If you can make sense of the lines on the chart below, it might tell you something or nothing.
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Just spotted a Doji Star, (usually meaning a trend reversal) and it closed like this, but we take nothing for granted
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From a technical perspective, breaking to the upside of the inner descending triangle could push ETN above the larger descending triangle. In reality, it would not surprise me if the upper line of resistance of the large triangle would stop the breakout. Either way, there is no guarantee of a breakout to the upside. Get your popcorn ready to see what happens next.
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We need to see this bottom trend line at 0.0261 cents hold and if we break up from this, we can’t afford to touch it again IMO!
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