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sykes
Jan 5, 2018 2:19 AM

ETC - To the Moon in the first quarter. Long

Ethereum Classic / BitcoinPoloniex

Description

This is for the HAI charting comp. I am personally playing this one for the next couple of weeks / months.

I think we have started a new cycle with Ethereum Classic. Barring anything crazy happening and using smart stoplosses we can double or triple our BTC / Money with this coin. This is not a for people looking for quick profits. I think it is a good place to sit coins that are doing nothing for you. (I changed BTG for this)

Want to get an entry in from 20k to 24k. I will be comfortable with a stoploss of 16k (bought under 20k so 4kish SL)

Buy close to the trend. 20-24k - get a buy on the hour or 2 hour chart.

TP1 - 30K
TP2 - 40K
TP3 - 60K

SL - 3-4k from entry

Shorterm target is 28-32k

Main target is for 100% profit in the 40-45k region.

You can also take profit in that region and buy again on the retraces around the first target of 30k for wave 5.

Wave 5 I think will go past 60k,before a retrace. By that time we will have made 200% so, take profits and keep a few for some months and they could be worth $100's.

Comment

Target to buy for wave 3 (usually the biggest)

Comments
sykes
Forgot to add. You can margin this coin on Bitfinex. Play it as it goes up.
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