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Ethereum Classic / Bitcoin

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ETCBTC trade ideas

ETCBTC - What to expect DAILY - ETH CLASSICHere is an alt coin I'm personally going long on. We see a nice hold from the previous low. Nothing has been gained though, keep that in mind. Momentum looks promising for Longs but not set in stone. Look for a gain of the previous move downward, looks like we already tested it but didn't close above, there is still a chance though. Stop loss is below previous low, will add to long position if previous lows are tested. NOT financial advice. Trade SAFE.
Long
by SatoriTrades
ETC/BTCTwice I've called alt season and twice I've failed. Third time's the charm? Alt charts should be making their way to the disbelief stage vs USD very soon, now that BTC has had its steep "sucker's rally". I've seen the alt market act like this before, in December of 2017. It appears the algorithms are using the same technique to hunt. Push down until there's no sellers left, then retest. Short term Adam & Eve. Will the alt boom be as meteoric as December 2017? Before, I was under the impression it would be a slow, tangent rise to the disbelief stage, but then we saw what BTC just did, so I looked back at the dot com bubble. Same players, similar game. Amazon, for example, took 40% of the time it took for its depression phase, to get to the top of the disbelief phase. How does that look for alts? ~200 days of depression phase = ~80 days of uptrend to the top of the "sucker's rally". Alts that are going to survive should be able to go to 35%-65% of their peaks of the bubble, in this phase. ETC, for example, peaked at $47, so it should be able to make it somewhere in the range of $16.45-$30.55 within this 3 month period. While BTC falls value, into disbelief, this should show a 4-8x rally, relative to BTC.
Long
by ovvnyou
1