BITFINEX:ETCUSD gained a lot of strength recently after the news about Callisto Airdrop, so I expect it to drop to around 29-30$ before going up again.
High probability to get new ATH before Callisto Airdrop.
Let's see how things will develop !
Trade closed manually:
ETC is showing such a good strength, very happy to see it that way, let's see what will happen around the Callisto Airdrop time.
So far, it didn't really go to 29-30$, but it dropped to 31,5$, looks like it formed reversal pattern, let's see where are we going !
I understand your support line, but I think it finds support slightly above that due to the news about the airdrop. Based on the chart alone, I can't argue...But noone except a day trader relies on charts alone, and then again, the best factor in news and FUD and FOMO as well.