There is a nice Chance for good daily Profits in ETC/BTC Chart These days.
We had a big pump 2 days ago, and are now in the fibonacci retracement. I marked you the 38%/50%/62% Fibonacci Retracement Levels for our Special Attention. So ... what to do:
These Levels are either Support or Resistance Areas ... depends on if we are above or below it. So we got a nice opportunity to buy at Level, and sell at the next higher Level.
We got a Chance/Risk Ratio of around 3 here, so it doesn't matter if we are 1 or 2 times wrong. Just Play the game again.
Happy Trading!
Note: You can shorten ETC too, just turn around the strategy.
!! Mention: That is my personal opinion, no trading advice. Its your money, your trade, your risk and your responsibility.
Trade active
⋅
62% Fib reached ... perfect buying opportunity
Trade active
⋅
50% Fib reached ... u can sell now. Hope u got the point :)
Comment
⋅
We are between 50% and 38% fib now. took nice profits during the last days. Hope you enjoyed the ride!
Trade closed for me ... stay in as long as it works!