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Weekly forecast Metaverse ETP technical chart
Symbol ETPUSD

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Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateMay 31, 2020 - 13:17
Currentdowntrend
Forecastbeginning of uptrend

Midterm forecast:

  • 0.2165 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.

Technical analysis:

  • The symmetrical triangle taking shape and as a continuation pattern suggests we will soon see another leg lower if price breaks and closes below the uptrend line of the triangle.
  • A peak is formed in daily chart at 0.1242 on 05/21/2020, so more losses to support(s) 0.0540 and more depths is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 52.

Supports and Resistances:

  1. 6.2495
  2. 3.8660
  3. 2.9995
  4. 2.2125
  5. 1.6700
  6. 1.3100
  7. 0.8890
  8. 0.6705
Click on the level to view price action history.

Symbol Released Current Forecast
Metaverse ETP (ETPUSD) Sun, 5 Sep 2021
Metaverse ETP (ETPUSD) Sat, 28 Aug 2021
Metaverse ETP (ETPUSD) free Sat, 21 Aug 2021
Metaverse ETP (ETPUSD) Sat, 14 Aug 2021
Metaverse ETP (ETPUSD) Sat, 7 Aug 2021