ETC Nut up or Shut Up! Ballsy Long Trades
Updated
Hello, Lovely ChartHunter-PipGatherers, there are herds of mainstream altcoins to be harpooned right now, so I'm serving up some thoughts on ETC. Yes, I like big profits. Yes, fraudulent fools call me a "reckless cowboy." Yee-haw. I'm not going to go too much into the fundamentals other than to say this: know your FORKS from your spoons. ETH has dropped almost half of its price since I posted my short trade idea on it. If you were holding you got squashed, lol. There may be a few bounces here and there but I believe ETH will continue to sell for a while, and looking for ETC to pick up lots of slack.The most fascinating part of this chart is that it appears to be the most oversold conditions ever on RSI for ETC. I like that. Keep Hunting Everyone.
Comment
making money again, nice 30-50% depending on your entry, ascending pennant formation developed nicely, look for the breakout and exit.
Related publications
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.