ETCUSD next target Long

KRAKEN:ETCUSD1D

Ethereum Classic / U. S. DollarKraken

Description

⋅ Sep 1, 2017 12:22 PM

ETC next target

Trade active

⋅ Sep 1, 2017 12:23 PM

previous analysis :

Trend Analysis Chart Patterns

Comments

hmmmxsunshine

⋅ Sep 1, 2017 4:10 PM

What does A, B, C, and D mean?

georgebluth

⋅ Sep 2, 2017 6:57 AM

@hmmmxsunshine, those are sequential points in the Fibonacci sequence. As Fibonacci Theory goes, price action will follow rises/pull-backs along a general trend, dictated by the probability of each rise/pull-back based on its magnitude.

Anamovic

⋅ Sep 2, 2017 12:09 PM

@georgebluth, is the theory correct?

hmmmxsunshine

⋅ Sep 2, 2017 2:09 PM

@georgebluth, Thanks! And what are those rainbow colored zones and numbers?

georgebluth

⋅ Sep 2, 2017 4:12 PM

@hmmmxsunshine, 1.618 is he Golden Ratio en.wikipedia.org/wiki/Golden_ratio

RoCano

⋅ Oct 14, 2017 7:27 PM

Hi! :) @DianKemala Any update?

arvincash88

⋅ Sep 4, 2017 8:29 AM

its back at $16 are we still on the wave 2 or the wave fail? ETC seems to mirror BTC

Anamovic

⋅ Sep 1, 2017 2:05 PM

Thks dian.. When it happened.?

dancovfefe

⋅ Sep 1, 2017 1:05 PM

Thanks dian!

I had bought at 15 and my sell orders went this morning at 18.5

Should I get back in now or do you think it'll go down a bit first?

aformby

⋅ Sep 1, 2017 3:23 PM

@dancovfefe, lol me too but am back in at 19