Electroneum (ETN/USD) Target $0.075 (>100% Profit Potential); ETN/BTC Target 0.0000065 BTC (200% Profit Potential)
SUMMARY
Here is Electroneum (ETN) and the charts were difficult to come by. Below is a the ETN/USD pair and it's interesting how the downward pointing symmetrical is occuring in triplicate fractals! Still, price should start rising towards $0.065 or higher. This pair has clearly executed the "Hurry Up & Wait" syndrome since the left side five waves were completed in haste while the subsequent correction dragged on for quite a while. The upcoming five waves is expected to complete in haste as well!
I've had to chase down the ETN/BTC pair chart and the below shows a symmetrical triangle that is very close to the apex point...so a breakout is very likely...anytime!
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**
Ya thats is true good job
I hop you leave long life
This time the "news" are somewhat in relation with what is happening, I am following ETN. The thing is, since they were subject of a serious hackerattack beginning of this month, they shut down their whole system and locked up all the wallets with the ETN that was bought by ICO investors. Only the mined ETN is out there, which obviously is only a fraction of the ETN that will be released once they finish their tests with Hackerone in about 2 weeks. This is also why they took them off coinmarketcap, it is impossible to define the circulating amount.
Wont releasing all that locked up electroneum cause the price to go down at least for a short period?
Thank you, I was one of the ICO investors and have so much faith in this coin, as soon as the waters settle for them, it will rise like a star.
what do you think will happen to the price of ETN once the ICO coins are released....
Not really a fan of these big supply currencies. Anything with a coin supply of more than 30 million feels like inflation. I would just take short term profits off these.
How about the fact that it only has 2 decimal points - Do you see that making a difference?
HAEJIN, You are the one.
Thanks a lot bro. 👍
Very very nice post!