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No brainer long position to $68
Ethereum Classic
Long
No brainer long position to $68
By grmajik1
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Oct 22, 2021
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Oct 22, 2021
ETC has broken out of a symmetrical triangle on the 4h chart and has tested the resistance as support.
I'm looking for it to touch the $60 mark and
1) re-test support and continue higher towards $68
or
2) Keep climbing until $68
To me, this is a no-brainer long entry for a 22% gain ($68)
Stop loss below the new support line.
Let me know what you think about my idea, your feedback is much appreciated.
Thanks a lot.
Chart Patterns
Support and Resistance
Trend Analysis
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