benjihyam

Finally time for ETC?

לונג
benjihyam מעודכן   
COINBASE:ETCUSD   אתריום קלאסיק
I posted a chart about a month ago about the ETC chart looking like it's about to make a big move. However, I said the move was invalidated as I think I got my timing a bit off.

However, now looking at the chart again, it looks like it's about to make a massive move higher.

ETCUSD has been moving in a downtrend under the blue trendline since August 2021. Once it breaks that trendline (which it looks like could happen in a matter of days/weeks), it should make a huge move higher.

First target would be $67.9 and if it can flip that level, the next level would be in the $90s. 3x-5x move with limited downside here.

I'd set a stop under 20 if you were to take the trade.
הערה:
Set a stop under $19.5 - sorry, for whatever reason trading view is turning anything with a dollar symbol into a link and it's really annoying.
הערה:
If the lows hold here, chart looks constructive for upside.
הערה:
Broke the trendline, and from a wyckoff standpoint, just had it's spring. Paying attention. PRobably a good place to enter.
הערה:
Okay it's looking interesting, but I think maybe one more low that's the trigger.

I'd wait a week or two before getting an entry here.
הערה:
Looking for an entry in the $13 range, if we get it.
הערה:
Alright, ETC looking bullish on my pivot. Might be time...
הערה:
$30 would be the initial target. TBD if it can go higher.
הערה:
Do think BTC is about to drop to around $28k here which would bring down alts. So be careful. Could see a move after that happens. Or this won't be ready to move until August.

Two scenarios.
הערה:
Leaning towards the latter idea (August/September timeframe). $13 again seems probable before higher.
הערה:
Almost back to the $13 level. That's where a good buying opp should form

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.