ETN Technical Analysis Society


#1739

If you wonder whats going on. I think people buy on kucoin and sell on huobi. Market will balance out soon but we may still get some spike.


#1740

Thats really awesome news and congrats!!!


#1741

oh yeah! need to participate on this even a small effort will help for some attention


#1742

42 Million ETN traded in first 30 min.
Price difference is still like 30 sats from kucoin to huobi! That explains volume on kucoin.
EDIT:
Difference is 50sats now. Thats very unsustainable. I hope you know what to do :wink: Hint: Dont fomo.


#1743

It was 80sats at some stage


#1744

any idea where we going now? haha common guys


#1745

Difference is at 60 sats still but it wont last much longer( price will adjust to be similar ). People (and possibly bots) who bought at kucoin to sell at huobi should soon have the 20 confirmations for the deposit to go through.


#1746

what a wild reaction!


#1747

Indeed.

Huobi is completely disregarding the resistance at 200sats and shot right through it. But I believe we need even more volume to really break it. Maybe now is the time. (Not the time for fomo that is).


#1748

institution now has a place to stack up ETN! :smiley: what a nice day


#1749

Finally we got listed on TradingView :zap:


#1750

That is awesome!

Also look at the blockexplorer. You can guess where all these big transactions are going to and whats going to happen.


#1751

First TA on huobi 1 min chart.

I believe if we break this support line at 235 sats we will see price move towards kucoins price around 200 sats. So if I was to trade this I would buy and have a stoploss somewhere under it. But Iā€™m not crazy :smiley:


#1752

My humble opinion :slight_smile: I cannot measure the 1.786 fib, but I recon it hit that spot, going down to either 38.2 or 50% fib area. In a strong market, I am sure we will only go to the 38.2 area?
Edit:
Sorry guys previous chart did made a wrong fib projection, took it from wave 1 and not wave 3, sorry. This is the correctmeasurement.


#1753

what is self trade volume?


#1754

Price is getting really close to one another. So the real trading starts very soon.

Cant wait to see how it impacts trading volume overall on ETN.

Huobi trade volume is already higher than kucoin for today.


#1755

Huobi will be very HUGE for ETN. I think it might be the big boss :)))


#1756

Hopefully it is even more responsive to ETN good news.


#1757

ETN is very sensitive at these moment, where if Richard announce small news it will pump wild again


#1758

That may be as important as being listed on a major exchange! Thanks for sharing.