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gillianpatrice

ETCUSD - deeper retracement before the bulls move in.

Long
Ethereum Classic (BITFINEX:ETCUSD)  
gillianpatrice  
BITFINEX:ETCUSD   Ethereum Classic
Trend Analysis Fibonacci
4
0
trendanalysis fibonacci
If the support level breaks we may see price go to the 127% of the 1st corrective swing and the 0.618 retracement of the entire move. This will attract bulls. I would expect to see some buyers here and it's good to trade off these deeper retracment levels as your risk is lower. Wait for the CHANGE-OF-TREND on the lower time frames to lower your riskl
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