ETCBTC Made a SPRING Towards a BREAKOUT. I'm in.

Updated

The notes speak for themselves. I should have been on top of this one. Been involved with too many other things. However, I'm not getting into that. We've only just begun in my opinion. BTCC Exchange in China about to trade ETC as well. BIG THINGS in the future for ETC in terms of trading for sure.

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I could kick myself in the buttocks for not paying attention to this earlier. It was a classic WycKoff's setup.

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MY BAD everyone. I could still kick myself in the buttocks for NOT staying on top of this one. hehe.

I didn't have y'all prepared for the SPRING so you could make an entry before and/or at the beginning stage of a SPRING. These result in 20+ percent moves majority of the time. That's why I'm beating myself up over it.

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If one has doubts about Wyckoff's rules regarding the Composite Man [Also known as, Whale], have a look at the last comment with multiple charts at the bottom of this publication.

Make sure to click on the BTCUSD and XMRBTC charts to get to their respective publishings; then scroll down to the last or next to last chart with comments to compare how those played out with our current one.

By the way, ZECBTC is drawing closer to a SPRING. Which means, BIG potential for 20+ gains very soon upon the horizon.

We could have a repeat of 12/22/2016 Marked in Aqua Blue Circles

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Posting this chart first then we will look at another for comparison.

ETC/BTC has just begun emerging out of a bear trend into a Wyckoff Spring Cycle and on its first leg or cycle up. For comparison, XMRBTC also emerged out of a bear trend into a Wyckoff Spring Cycle and on its SECOND (2nd) leg or cycle. I wanted to post the XMRBTC chart in this thread to show you how it takes time to play out.

Other indicators can be used [While things play out] if you are swing trading during shakeouts and possible throwbacks.

More horizontal rays and notes will be posted on the ETCBTC chart in the very near future. Over all the trend most certain is BULL. Just remember to think like the Composite man thinks to AVOID giving him cheap coins.

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forgot to tell you. Look at the red circles in the XMRBTC chart to get an idea of what I mean about how one has to allow things to play out if they only do a few trades over the course of a month. With ETC, we are currently at the very first red circle, so to speak.

Happy Trading.

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I'm going out to take care of a couple of things. be back later in the afternoon.

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Previous chart was 1h. I'm providing a 4h chart for another view.

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One can tell by the 12h chart there has been some serious SHAKING OUT done today before continuing another Wyckoff Cycle towards another SPRING.

WyckoffMode

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