ETN Technical Analysis Society

The order book became much more bullish over night. Maybe we just burst through the 200sat area.

grafik

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Yes, but also a sell wall became bigger againā€¦

There is definitely some reistance in this area. Which is quite logical.
People that dont want etn anymore sell here with Ā±0, some maybe even with a loss. And for people who missed the initial bounce it may be also a good pricezone to sell.

I agree that 200sats holds the strongest resistance between 150sats and 400sats but at the moment it looks like it will be broken.

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Yes, chart indeed looks like it will try again to hit that 210sat levelā€¦I hope we get volume to do that :slight_smile:

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MWC19 is so close, yet so far away! We are now in a lull period without much to get excited about except cloud mining on Android prior to the conference. But I donā€™t expect that to move the price at all, much like the iOS release hasnā€™t really moved the price anywhere except back to the 200 sat range. Unless something comes out prior to the MWC, I donā€™t expect much action. I could see it playing out something like this:

This is complete speculation on my partā€¦I have no real reason for the ups and downs outside of a simple visual of the sideways action Iā€™m expecting for the next couple weeks with a take off during/after MWC to blast us over 210 sats.

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Something that might change that projection is what Richard said in his email. 1 of the 2 secrete projects will have to be announced before they leave for MWC19, as theyā€™ll need staff in the office to make sure itā€™s launched successfully. So around the 18th I guessā€¦

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My, (non-trader) observationsā€¦

that first bit of news is still 3-weeks away and RE has tried to down-play expectations. All we know is that the nearer it gets the less people will want to sell. However, that does not mean that buyers will be buying, as they may well want to know what the news is, before they decide to pile in.

Back in September in order to get from 0.0053 to 0.007048 it took daily volume of $1.275M. To get to 0.018 it took $7M in daily volume. BTC was also changing hands for c$6.5k. Today, thus far, we have had a fraction over $100k of ETN traded. Some have said before that we donā€™t really need an awful lot of volume to pump the price and I guess that if everyone decides not to sell then the price will climb. There is virtually no trading taking place on Liquid today, so I am not sure how to read this!

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I had the same observations about the low volume. 100K per day of volume is as low as I can recall for Electroneum. Like it or not, Cryptopia was always contributing to the daily trading volume of Electroneum. The fact that it remains down and will likely not recover is not good IMHO. Other than Kucoin, there hasnā€™t really been another constant volume exchange.

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Bitalong was showing quite a volume
Figures Current. In $ USA coincodex.com

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Low volume, less selling, but buyers are awaiting.

Where is Bitalong and is it a community approved exchange? I searched for it on CMC and it does not show in a list of the top 100 exchanges!

@Billy_Bongo
Its on @Aironeous list of exchanges.
Theres a topic somewhere.
See Finebox. ? Same.
Topic: Electroneum Exchanges

Seems like miniscule amounts being traded there!

Which exchange?do you refer?

Sorry, Bitalong exchange

Bitalong 150k $US is ā€œminisculeā€?
Im just reading"evidence" what I have available to me with a screen shot ,
A reference time and a source.

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The daily graph appears to be in reverse H and S. The Etn road is open and exhibits the bullā€™s appearance.
Itā€™s not investment advice.

ETN looks good to form the right shoulder.

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Depending on where you are in the world, happy lunar new year! It will be interesting to see what happens in the market over the coming days and weeks. fingers crossed

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According to https://www.blockchaintransparency.org/ CMC is in a consenual relationship with wash trading exchanges in order to get the referral commissions.
You can see their analysis and decide for yourself if they are right.

This may play some role in what exchanges are showing on their website, I have to wonder, for example why isnā€™t coinspot showing?

There are alternatives to CMC like livecoinwatch, coingecko, etc., but all of them are missing exchanges so there could be some other explanation why CMC is not showing certain exchanges other than removing the ā€œKimchi premiumā€/Korean exchanges.

Here is a list that AFAIK is all the exchanges trading ETN.

Kucoin https://www.kucoin.com/#/trade/ETN-BTC
Cryptopia https://www.cryptopia.co.nz/Exchange?market=ETN_BTC
Liquid https://app.liquid.com/exchange/ETNBTC
Sistemkoin https://sistemkoin.com/#/
TradeOgre https://tradeogre.com/exchange/BTC-ETN
Bitbns https://bitbns.com/trade/#/etn
HitBTC https://hitbtc.com/ETN-to-BTC
Cryptomate https://cryptomate.co.uk/
Coinbene https://www.coinbene.com/exchange.html#/exchange?pairId=ETNBTC
Coinbene brasil https://www.coinbene.com.br/ <ā€” inactive?
Coindeal https://frontend.coindeal.com/market/trade.html?pair=ETN/BTC
OEX https://www.oex.com/ <ā€” inactive?
Cryptonit https://www.cryptonit.net/en/exchange?pair=ETN-BTC
Letsdocoinz https://letsdocoinz.com/ETN-BTC
Coinspot https://www.coinspot.com.au/
Palitanx https://palitanx.com/exchange/BTC-ETN <ā€” inactive?
Artis turba https://www.artisturba.com/
Bitalong https://www.bitalong.com/trade/index/market/etn_btc/
Btcsquare https://www.btcsquare.net/exchange/ETN/BTC
Crytrex https://crytrex.com/login
NEXT exchange https://next.exchange/
Simpleswap https://simpleswap.io/
Indacoin https://indacoin.com/en_GB/change/buy-electroneum-with-cardusd?amount_pay=100
Finexbox https://www.finexbox.com/market/pair/ETN-BTC.html
Bitladon https://www.bitladon.com/electroneum
https://www.electroneumkopen.nl/en/ <ā€” limited to a handful of countries right now, uses other exchanges
blockport https://blockport.io/

I try to keep an eye on twitter and elsewhere to keep this up to date but I imagine if you just followed other cryptonight based coins you might end up finding a few more exchanges trading ETN.

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KRAKEN just Aquired Crypto Facilities UK
This is Krakens new interface.
Its really cool.

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