ETC/USD Short term correction before possible $60

Hi guys I give you my primary count for ETC which has broken out nicely and is currently consolidating alongside BTC. Bearish cross on the 1H MACD indicates further downside. Chart self explanatory trade as you wish. We should get a strong bounce off our buy zone as more eyes have been on ETC than ever with its strong recovery compared to a lot of the bigger coins. There is also the Callisto airdrop I have heard about on 5th of March I believe, not that i trade on fundamentals but its an added bonus and it will likely mean traders are more eager to buy on the dips than usual.

I have given a medium to long term target of $60 just above a 1:1 extension of the larger Elliot wave cycle wave 1 and wave 2 end estimate.

* This is not financial advice*

Dagangan aktif:

Buy zone approaching, wait for BTC's next move.