casrules

ETC - trendline bounce

Long
BITTREX:ETCBTC   Ethereum Classic / Bitcoin
So ETC retraced more than expected, but bounced on trendline. Looking at this pattern for now. Should rally up to the top of the triangle and than maybe more news about Coinbase will be released as well as ETC Summit. This could lead to a breakout and finally the rally we are all hoping for.

Breakdown of the trendline will make this setup invalid.
Comment: sweet bounce. But target is still a long way to go.

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