D4rkEnergY

Make money NOW on ETHERIUM CLASSIC. Watch how... ETCBTC

BINANCE:ETCBTC   Ethereum Classic / Bitcoin
Hello beloved fans of D4rkEnergY

Lets get right into it. We are looking at a 2h ETCBTC chart. As you can see we have had a normal Elliot Wave uptrend, and thereafter a retracement. We have at this very moment retraced 61,8 %, and normally we can soon expect, if it is healthy coin, a reversal.

And that is exactly what we can see is about to happen here. D4rkEnergY has drawn a descending wedge for you, which is a bullish sign. It basically means that the bears in a downtrend are losing momentum more and more.

The decline of volume is emphasizes this too. And the RSI shows that the coin is almost oversold. MACD is about to make a bullish cross.

So dear, beloved followers, be ready, be prepared to make money... But only if....

As always; We NEED confirmation. We want to see a breakout. Most of all a nice and big Marubozu candle with good volume!

You are welcome, guys!

OUT
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Trade closed: target reached: The always humble D4 nailed it again!

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Nice call :)
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@D4rkEnergY , after completion of the reversal, should we assume it to be the wave 1 of another pattern or wait till wave 1 retraces and reverse to wave 3 and enter ?
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rnm410 pawangogna
@pawangogna, I like waiting for the first pull back on the 1's to confirm the larger move.
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mnuovo rnm410
@rnm410, when is possible to get in for the next wave?
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rnm410 mnuovo
@mnuovo, Uncharacteristic run-up now but around 32,000-34,000 sats would be my personal buy point. I like getting in on pullbacks with stops set.
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rnm410 rnm410
@rnm410, * 32,000-33,000 sats...
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Lovely
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nice call! :)
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Targets please
+1 Reply
Nailed it is correct ! bravo sir
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