ETC - if things dont go to plan
تم تحديثه
Studying price action and patterns similar to my ZEC analysis i have found similar movements forming in ETC vs the Dollar. we have had a very impulsive move up here and its more than possible the target price is broken and continues to climb; like historically happens in crypto. however we have to be aware of downside potential, and profiting from this if the long term charts begin to show a distribution pattern.
A break above the red target would indeed indicate a further bullish leg for ETC. otherwise ill be holding tight and filling my bags at bargain basement prices, Green lines. crypto is under a stage of euphoria at the moment due to a sudden dramatic correction, so its anyones guess where this could go - hence leaving the chart set as neutral incase things pan out according to my previous ETC chart target levels.
A break above the red target would indeed indicate a further bullish leg for ETC. otherwise ill be holding tight and filling my bags at bargain basement prices, Green lines. crypto is under a stage of euphoria at the moment due to a sudden dramatic correction, so its anyones guess where this could go - hence leaving the chart set as neutral incase things pan out according to my previous ETC chart target levels.
ملاحظة
Tasty tips from the tacosaurusملاحظة
Keeping a close eye on ETC over the next couple of days and will be ready to open a Quick long position on a Shake or break out with sustaining Volume, we are siting right in what was seen to be resistance by the market beforehand; and it doesn't take much money to eat through that price range. heres a chart. i'm looking at the wedges, progression and the obedience to the MA's ملاحظة
$16.29 hit within a whisker if you had that as a bounce buy spot on, but id be sure to run a trailing stop up into profitملاحظة
savage shorts straight from the tacosaurusتم فتح الصفقة
Nailed it proper here. see where we end up if this line breaks up/down basil x
ملاحظة
getting thereملاحظة
Make or break levels hereملاحظة
Structure looks good but BTC-USD premium might throw a spanner in the works//
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.