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The_Wrap
Sep 23, 2018 1:35 AM

trend line rejection - SELL Short

Ethereum Classic / DollarBitfinex

Description

Looking for a sell on ETC and a buy from lower trend line.
Comments
DariusKarremans
totally agree long on 9.5
The_Wrap
@DariusKarremans, If btc breaks 6800, I would most likely close and long it.
Facts
@Cryptowrap, After the rejection, stopped fall in 11.2 and going up again. Last night even while btc was falling, Etc was resilent to fall more, and it was going up steady.
I am begining to see signs of recover and begin uptrends.
We touched as all other big coins, historic supports from previous december 2017. We did double bottom short term (touched same support and hold two times in 1 month).
Other coins arealso already going up. Ltc, Xrp, Eth, etc.
The altcoin market cap chart broke the descending channel line so broke the dowtrend since months.
The key i agree is overpass 12 now. And btc overpass 6800 would help a lot.
I hope to live another wave from october to december coz we had several months market depressive.
We have ETF posponed, which is not so bad coz can mean will be approbed in february. But also we have BAAK in october. Xrp involved with banks.. Many Crypto involved with important companies (including Etv, utrust for example, etc).
Maybe whales accumulated enough for a run now.
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