kenardy

ETCBTC - Breakout and into the first battle of FIB 0.236

Long
kenardy Updated   
BITFINEX:ETCBTC   Ethereum Classic / Bitcoin
Resistance has been hit and the battle rages on.
Break the resistance, set new support and continue raging into the night.

(First chart post - let me know what you think)
Comment:
BTC could ruin the party.
With a BTC/USD falling wedge breakout on the 4hr chart, things aren't looking so great.
Expected resistance was met and we could not close a crucial 4hr candle on the ETCBTC chart. Double green 4 hr candle deep past the 0.236 line would of shown likely adoption of a new level of support.

BTC rally timing (as always) is poor.

Signs to look for - watch for close of daily etc candle above yesterdays opening - even if red - shows solid support for this coin.

I wouldn't give up yet :)
Comment:
False flag with BTCUSD. Down she comes. More FUD?

Either way - she's taking others with her...
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