SUMMARY
About 16 days ago, I had posted an analyiss for MetaVerse (ETP) and since then, price has not skyrocketed. But it shall! Here is why:
The ETP/USD pair is gorgeous! The ascending right triangle is about to provide the lift off ETP needs. The minimum price run is about $5.97 and then $8.42
The ETP/BTC pair is displaying a very similar Cup & Handle and Bullish Downward Pointing Symmetrical Triangle, however, it lags the /USD pair. This is a key attribute I'm finding and believe that the /USD pair can be very useful in bein the leading indicator!
Those who prefer not to see the /USD pair, simply ignore it and go to the /BTC pair. However, ignoring it will cause a miss in what could be a significant leading/lagging indicator relationsip between the pairs!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Laddering and Buy/Sell Setups.
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
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