Pumptruck2

ETC Cup & Handle

Long
Pumptruck2 Updated   
BITFINEX:ETCUSD   Ethereum Classic
Etc has formed a cup & handle with a calculated target of $52. But it has the potentail to go beyond that to $100 within a month or so. A good short term HODL
Comment:
A false breakout followed by a big sell off. Could be a stop run before the big rally
Trade closed: stop reached:
Went in to USD, feel like something ugly is cooking
Comment:
4 Hour close above the cup, this could rally
Comment:
Well that was ugly indeed. Now we rally judging by the ETCBTC chart.
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.