Dear followers,
I have abandoned the inverse h&s idea as I can't see any hope in BTC at this moment.
It is likely that BTC will drop down to $5850 again or even $2740 before the end of April before the whole market is reversed. Therefore, I would expect ETC to drop and hence why I would expect ETC to follow the ABCD pattern. This means ETC could drop down to as low as $8. I would set up a SL at just below the support $20.Or even open a short position.
Please note this is not a financial advice.
I have abandoned the inverse h&s idea as I can't see any hope in BTC at this moment.
It is likely that BTC will drop down to $5850 again or even $2740 before the end of April before the whole market is reversed. Therefore, I would expect ETC to drop and hence why I would expect ETC to follow the ABCD pattern. This means ETC could drop down to as low as $8. I would set up a SL at just below the support $20.Or even open a short position.
Please note this is not a financial advice.