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ETCUSD W1: 40% correction MAXED OUT NOWSL/TP)(UPDATE)

Short
COINBASE:ETCUSD   Ethereum Classic
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ETCUSD W1: 40% correction MAXED OUT NOWSL/TP)(UPDATE)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: ETCUSD week/candle chart review
::: accumulation in progress now
::: updated/revised outlook
::: long-term accumulation over 900 days
::: expect strong move off the lows
::: bullish sequence (not Elliott Wave )
::: chart looks strong
::: BUT right now CORRECTION MODE
::: massive rejection near range highs
::: expecting up to 40% correction
::: to re-test range lows now
::: no valid setup for the bulls here
::: mid-term pullback/correction
::: correction/pullback NOW
::: however chart looks strong
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: recommended strategy: SHORT RIPS/RALLIES
::: final TP +40% gains
::: no valid setup for the BULLS here
::: SWING TRADE: SHORT/HOLD IT
::: bull run not over yet
::: good luck traders!
::: SHORT/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS
::: Sentiment short-term: PULLBACK/CORRECTION NOW

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