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.
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Tasty tips from the tacosaurus
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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
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$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 profit
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savage shorts straight from the tacosaurus
トレード稼働中:
Nailed it proper here. see where we end up if this line breaks up/down
basil x
basil x
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getting there
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Make or break levels here
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Structure looks good but BTC-USD premium might throw a spanner in the works//
