Krystiannwk

ETCBTC probable move higher to reach .004500 of even 0.0050000

Panjang
POLONIEX:ETCBTC   Ethereum Classic / Bitcoin
This is detailed analyse for my previous idea on Weekly chart :


As we can see on Daily chart pair found support at .00200000 which hold pair for some time with probability that this support will give a boost to the pair to move higher. I set SL and TP for long position. I suspected that 200 ema will come with help if the pair will decide to consolidate for a while and then give it a nice push.

I would risk small part of the portfolio for this one. It is probable that mentioned support won't be breached and the pair will move towards TP area but there is still chance that it will move lover just to move back on track.
Penafian

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