ETC The Falling Wedge Queen

Updated

All,

I think this is a perfect example of what ETC does. It takes off for the moon and sells off which creates falling wedge. However, if you play them right falling wedges are one of the most powerful breaks in reversals. Let's see if my prediction plays right. If so it will bounce off and retest the bottom support and then break the wedge and take off again. Be patient my friends!

Wait 1: Bounces off major support
Wait 2: See if it breaks the wedge
Wait 3: See if retest from wedge break holds
BUY

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ETC is about to break one way keep a close eye out!

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Disregard the decrease considering BTC took off.

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ETC is looking good just bounced off the 200 Day MA (what was causing all this) and we need it to break the trend line first! Be patient a lot of volume is traded in this area.

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Sorry here is the correct post in the 2 Hour Chart the circles make more sense haha.

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Ok as you know BTC took off as expect ETC drove off a cliff. Lucky for us this cliff ended up hitting more support ;). See below where I think ETC can reverse now or slight below on the next support. Watch and wait for a reversal. Also of course watch father BTC moves.

DigitalData

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