ianside

Ethereum Classis (ETC) look closely at wave 3, 20% potential

Long
BINANCE:ETCBTC   Ethereum Classic / Bitcoin
(Short Term)

As we can see before at wave 1, it forms a beautiful 5 wave that almost perfectly matches with elliot wave and fibonaccy's rule. It goes down to correction as it reaches at 1.618 Fibonacci extension.

If you want to open a position, I think you can buy back safely around 0.618 to 0.382 Fibonacci retracement, and ride it to the way it will go to wave 3, and gain 20% profit :)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.