ETC - ABCD pattern
Dear followers,
I have abandoned the inverse h&s idea as I can't see any hope in BTC at this moment.
It is likely that BTC will drop down to $5850 again or even $2740 before the end of April before the whole market is reversed. Therefore, I would expect ETC to drop and hence why I would expect ETC to follow the ABCD pattern. This means ETC could drop down to as low as $8. I would set up a SL at just below the support 20.Or even open a short position.
Please note this is not a financial advice.
I have abandoned the inverse h&s idea as I can't see any hope in BTC at this moment.
It is likely that BTC will drop down to $5850 again or even $2740 before the end of April before the whole market is reversed. Therefore, I would expect ETC to drop and hence why I would expect ETC to follow the ABCD pattern. This means ETC could drop down to as low as $8. I would set up a SL at just below the support 20.Or even open a short position.
Please note this is not a financial advice.
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.
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.