ETC - 37% drop since my last warning
Updated
Hi all,
ETC has dropped 37% since my last post on the 10th March. The direction of the drop has also been closely in-line with my prediction. I also told you to set a SL just below $20.
However, one thing that I have to change since my last post is that the ABCD pattern seems like will not pan out as by looking at the status quo of BTC, BTC should have a reversal around the $6950 level, and which ETC will follow suit. This means that the ABCD pattern will be invalid.
So, what will happen next? ETC should drop to the range of $14.06 - $14.62, around the 19th of March, and have a reversal back to around $18 in the short term.
Taiwan Bear
ETC has dropped 37% since my last post on the 10th March. The direction of the drop has also been closely in-line with my prediction. I also told you to set a SL just below $20.
However, one thing that I have to change since my last post is that the ABCD pattern seems like will not pan out as by looking at the status quo of BTC, BTC should have a reversal around the $6950 level, and which ETC will follow suit. This means that the ABCD pattern will be invalid.
So, what will happen next? ETC should drop to the range of $14.06 - $14.62, around the 19th of March, and have a reversal back to around $18 in the short term.
Taiwan Bear
Note
Gave you the warning on the 10th March.
Note
Dear followers,As expected, ETC hit right within my target, and has bounced off nicely. Not only has ETC hit my target range, but also BTC ($7245 - $6950), LTC ($138.6 - $142.3), ETH ($454.9 - $396.7) & NEO ($57.4 - $53.5).
I have placed quite a few orders on ETC between my target range $14.063 - $14.625. Although some of the orders didn't go through as it did not hit my ideal target @ $14.063, I still have already made 10.5%+ with the other orders so far..
I think the dip is over for now until the end of March. I will keep you updated if anything goes unexpected. I will also post a new post on BTC, LTC, ETC, XRP and probably ETH when I have more confirmation that the dip is over.
Taiwan Bear
Note
Straight after I said that I think the dip is over, every coins just shoot up as if there is no resistance. I think I have done a superior job than most of the other traders on TV this time? If you also think the same way, please leave some comments and "Like"Note
Dear followers, You can sell some of your positions now and buy it back around $17.33
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