RocketMan is back!! Bringing some interesting news from the moon and its dwellers. Now, let's get to it. ETN is trailing below the daily 21 MA in blue and has entered the .236 FIB zone. I believe ETN will continue its downward momentum deeper into this FIB zone with a possible target of 66 sat unless it can stay above the diagonal trend line which I have drawn. As the title implies bottom incoming, I'm looking for at least 3-4 weeks of consistence sideway action over the next 30 days, which will coincide with Bitcoin's double bottom retest. If ETN can maintain stability during the coming weeks then the bottom is in and this would be the place to buy up a shit ton of ETN! Have a nice day dreamers!
*This is not investment advise. This analysis is strictly educational and for entertainment purposes. This chart requires no major indicators for the reason stated.
R/S
Awareness
*This is not investment advise. This analysis is strictly educational and for entertainment purposes. This chart requires no major indicators for the reason stated.
R/S
Awareness
