ETCUSD Trade Panjang

Ethereum Classic / DollarBitfinex

Huraian

⋅ 17 Nov 2017 pukul 15.59

I see a great trade opportunity as Risk:Reward is very favorable

The up-trending support & down-trending resistance line converge to form an apex, that signals us ETC will run out of space soon.

Entry at $17 to $18.5 would be recommended.
Any lower may be a bearish sign and higher will lower potential gain:potential loss ratio

Stop loss can be set in local swing lows, in second red rectangle 'zone', or around $15-16.

Profit targets are:
$19.5 (soft resistance, short term safe target)

$21 (strong resistance + 1.618 fib extension, main target)

$25 (fib extension 2.618, medium term target, higher risk & less likely to happen)

Risk Reward: 2.5+

Dagangan ditutup: sasaran tercapai

⋅ 5 Dis 2017 pukul 06.12

Dagangan aktif

⋅ 5 Dis 2017 pukul 06.12

bounced off support

Komen

CryptoFan81

⋅ 6 Dis 2017 pukul 22.58

I'm confused? What are the New Targets?

ManuelVilhena

⋅ 21 Nov 2017 pukul 08.03

You think this trade still holds? It's been consolidating on your buy range since you posted this analysis. It has been doing higher lows, and higher highs (not many on this front), but the drop ensued due to Bitcoin last night kinda messed the chart up. Your thoughts?

Lebih