ETC : Quick 50% Profit (Spot Trade)
Hello Friend, back with another FULL TRADE.
If you are new to my posts, please hit like and give a follow if you find value. I am a budding FOREX/ CRYPTO trader, with much of my experience coming from trading CRYPTO markets since 2016. In my Full Trade Setups I provide the Market sentiment, Entry Strategies, Stop Loss and Target Points for the Category of trade I will be posting. Discussion section is included to point out to the Fundamental Outlook.
--- FULL TRADE INFO ----
Category : Short Term --- Spot Trade --- ALTCOIN-USD Pair.
Entry : Enter now or retest of triangle ceiling
Target Zone : $8 (confluence of weekly resistance + TD Sequential ceiling)
Stop Loss Type : Manual (Non Trailing given the volatility)
Stop loss zone: 1 Full body close below the triangle.
Market Sentiment : ETC would see multiple pump this season as the ETH adapts to ETH 2.0 with an ongoing debate of how this classic fork can help ETH with supplement the shift of algorithms. It's already completing the consolidation since quite few days and could blow off top soon.
--- END ---
Discussion : Given the BTC printed a bullish weekly HH disregarding most of the bearish case in coming months, this potential ETC which such high CT sentiment has high chance to play out.
Please hit the LIKE button friends for more such trades.
Do your own research. I only post trades I myself take. :) Enjoy. Will keep you gyz updated.
If you are new to my posts, please hit like and give a follow if you find value. I am a budding FOREX/ CRYPTO trader, with much of my experience coming from trading CRYPTO markets since 2016. In my Full Trade Setups I provide the Market sentiment, Entry Strategies, Stop Loss and Target Points for the Category of trade I will be posting. Discussion section is included to point out to the Fundamental Outlook.
--- FULL TRADE INFO ----
Category : Short Term --- Spot Trade --- ALTCOIN-USD Pair.
Entry : Enter now or retest of triangle ceiling
Target Zone : $8 (confluence of weekly resistance + TD Sequential ceiling)
Stop Loss Type : Manual (Non Trailing given the volatility)
Stop loss zone: 1 Full body close below the triangle.
Market Sentiment : ETC would see multiple pump this season as the ETH adapts to ETH 2.0 with an ongoing debate of how this classic fork can help ETH with supplement the shift of algorithms. It's already completing the consolidation since quite few days and could blow off top soon.
--- END ---
Discussion : Given the BTC printed a bullish weekly HH disregarding most of the bearish case in coming months, this potential ETC which such high CT sentiment has high chance to play out.
Please hit the LIKE button friends for more such trades.
Do your own research. I only post trades I myself take. :) Enjoy. Will keep you gyz updated.
Trade closed: stop reached:
Crushed by Bears. Stop reached. Will update if any other setup turns up.
