ETC chart is new and theres a lot of speculation between that and ETH so long term who knows what will happen. Today i think we confirmed a long term trend line after the exit from a triangle formation i had been working with broke. I think if this current rise can continue we could re-enter that triangle and break out potentially too. If it breaks out that...
ETC has traded within a band, peaking then consolidating. It is now coiling up for the next push upward.
Seeing correction for the pump from 0035. Green angle showing correction range as we approach 006. If this breaks, will look for larger correction target, or reversal.
Dip testing support @ 0043 -- after consolidation expecting more upward action. Eth parity could be sooner than anticipated.
After the parabolic pump, there's been correction back to the base trend. Looking for continued support along this trend.
Noob trader here. Publishing this to help me track my progress in the ways of TA and to get feedback from more experienced traders. Anyone who wants to share some insight is most welcome to do so.
ETC=ETHERUEM1.0 ETC=The real Ethereum. ETH=Scam Busoni + Freinds are the only reason I couldn't post this idea 48 hours ago :( I must research more about why they are deleting humans.
Short red box , fib .382 on 1D chart and 15M , Stoch is down trend with divergence. , SL 1.09 TP double