Chart of the Day: Electroneum (ETN)

in #electroneum5 years ago

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ETN is a chart I'm starting to like. It has spent much of its time in a downtrend. We now have a possible, and very strong five up. I believe we are likely to see a local B wave. However, if we get 5 waves to .03 I count the B wave unlikely and we are already in our third. This fractal I'm showing here, may lead to much more. As each 5 wave finishes, and retraces, a subsequent larger five wave fractal has a chance of starting. This is how markets reveal their fractal nature. But we'll need to see ETN pass first base first.

ETNUSD  Primary Analysis  Oct30 2107 PM 1 day.png

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