ETCBTC bullish symmetric triangle forming
Updated
I'm expecting a slight correction before breaking out. Indicators confirm that we will be in a downtrend for the next few hours. Next few hours will be crucial.
Trade active
All indicators are finally signalling buy which is a very good sign. Please note that only for the next 4-5 days can we rely on TA for trading.
Once the FOMO for the airdrop kicks in then it will defy all laws of gravity and logic.
Trade active
The bullish triangle was broken due to BTC correction. But have no fear. We are back on track. Currently on Wave 2. Wave 5 will break the resistance line of the triangle to 38k at least.
Trade closed: stop reached
Failed breakout
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.