ETC breakout next 48 hours

Updated

Another forecast touchdown triangle breakout for ETC. It will break out of the triangle by the 6th at the latest. I will be looking to get in somewhere close to the forecast in the next 24 hours

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im thinking at this point anywhere you buy is a good entry

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Keep in mind it does have potential to drop to the uptrend line before breaking out of the triangle if it doesn't break out past the downtrend line. Good news is that's 16.50ish so much impact there. If it goes to the downtrend line then beyond and doesn't come back over the forecast then we have a problem... Otherwise profit

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btc dropped 200 usd taking everything with it.. its red across the board. I bought back in on etc at 16.61.... I am past where i felt comfortable with it going. But Im still holding for now. Going to keep a close eye on it the best i can. hopefully btc will make a good bounce allowing alts to bounce with it

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here is where we are at.... its crunch time obviously. Im not sure where im going to draw the line. i will be watching btc and etc. and I am cutting into my eth entry. eth is currently at the ideal entry i had planned... just going to watch the next few hours

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heres where im at. if it breaks this next support im jumping ship. if it bounces im in for the ride!

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so here it is. The second line held we got a bounce... and a new expected breakout date.... the 10th..... provided this support line holds

Trade closed manually

That's it I'm out... Will dig in tomorrow and do some charting to see if I can figure out what my next move is.

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Ok so BTC bounced... ETC bounced with it and blasted right back up through resistance setting it back on track to pop on the 13th.... and then it just kept going breaking the downtrend. It broke the 2 hour, 4 hour, and now it is breaking the 1 day MAs. We should see a dip back now before making a bounce and moving on to a possible new ATH

pr0nster

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