ETCUSD trade ideas
ETC OutlookShould see a bounce from here on the daily. Looking for a break about 6 to consolidate around 6 - 6.2 and run up to about 6.5. Will update if breakout happens.
Void if closes below ~5.5. Potential load zone should be around 5 - 5.3
***First day of posting would love some feedback***
Possible Short Opportunity at $7.80 on ETCUSDI have drawn a resistance line at the $7.50 price point and noticed 5 unsuccessful attempts to break past this point. I anticipate once price reach these levels again that the trend will continue. Base on the recent uptrend the price for ETCUSD should reach $7.50 around 12/31/20. I would wait for confirmation on that date that the upward trend has stalled and enter a short position and ride it back down to the $6.20 range for a quick $1.30 profit short term day trade.
Ethereum Classic ETCUSD reviewnothing to get excited about for me. Maybe swing trade over $8
*this is not financial advice*
ETC crosses trend support & horizontal supportLooking at previous lows we can see a good support has been declared in the 5.76 - 5.62 area.
A long position would be good here to SCALP.
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ETC to $9.50 by end of 2020Quarterly candle on candle in play! End of first quarter 2021 it should be around $26
