Ethereum ClassicLong
Ethereum Classic, ETC, golden pocket sets 14x algo target, $450
this is a great example of how this setup plays out. 2018 triple bottom in the golden pocket then wicking through the algo target in 2021. lets see if history repeats...
See linked BTC chart for why my charts are so bull.
The Trade:
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
See linked BTC chart for why my charts are so bull.
The Trade:
- Preferred Entry: $14.80 or a 0.168 retrace of this impulse wave (if we get one)
- Ape Entry: $29.40
- Stop: $20
- Resistance: $42 - order block
- Target: $450
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
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