We are en route to my Buy Zone (green box) before a retrace to my Sell Zone (red box). Feel free to short from here. Keep your margin small and trade safe! Have fun guys!
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FYI, it's probably gonna get a small retrace once it hits 2.5 to 2.6 before actually going further down. Be patient.
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Everything is right on track. As anticipated, a retrace around 2.5 to 2.6, major support line there... but it won't hold. We are definitely gonna punch through those walls. Be patient guys!
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Pay no heed to the time frame. This is a short-term trade, not scalping. What we want is a good risk reward ratio trade for our investment that we can sink our teeth in. When it dives to the Buy Zone in 1-2 days, we will be ready buyers to buy the dip. Then we will then long right up to the Sell Zone for maximum gains. I don't usually share my surefire trades but I am doing it this one time to help promote the ETC Trading slack at ethereumclassic.slack.com. So good people, set your targets and wait for the kill.
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As predicted, price is moving closer to our buy zone. Expect a small retrace when it reaches 2.40 but it does not matter, price will eventually descend to where our buy orders are.
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The lowest it got to was 2.44, very close to our buy orders at 2.40. We should now be heading to retest ATH at 3.0. I expect to see a huge dive right after that so ETC bagholders, be extremely cautious. The chances of price crossing ATH is less than 10%. Keep in mind that the alt bubble is about to burst and ETC is not exempted despite the promising Grayscale fund. Good luck and trade safe!
The lowest it got to was 2.44, very close to our buy orders at 2.40. We should now be heading to retest ATH at 3.0. I expect to see a huge dive right after that so ETC bagholders, be extremely cautious. The chances of price crossing ATH is less than 10%. Keep in mind that the alt bubble is about to burst and ETC is not exempted despite the promising Grayscale fund. Good luck and trade safe!