mion21

ETCUSD part3

Panjang
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KRAKEN:ETCUSD   Ethereum Classic
Alright, it took little bit longer than I expected to break out from bull flag, but now we are on our way. We had nice bounce from 50% fib. and 50 EMA, then ETC has found support on the top of bull flag from which has formed really nice green candle. First target, which we need to watch closely is previous high (37.7). If ETC manage to cross this red line, we are most likely to see strong uptrend all the way to the second red line. ETCBTC graph looks also very bullish, I will post it soon with targets.
If you want to get into this trade, wait for confirmed price break above the first red line. If you are still in, please note that break down back to the bull flag would be negative signal for this trade.
Komen:
We had already reached the first target. From some reason my latest charts are not loading, therefore you need to check the price level by yourself :/. Hopefully TV will resolve this soon.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.