- This ETC move broke down after the failure to touch the $7.66 monthly resistance level and from there price came crashing down and tested the start of the uptrend that created the move upwards
- The price wicked our $5 psychological support level to a T and since has held it to a T
- Right now the price is trying to swing back above $6.3 support level. Entry should be along the closure above that support level or if you're a daredevil like me you've already entered and are waiting
- Very risky to go long right now but i'm long, craziest price action i've seen in a while on all these cryptos, Ethereum Classic is fighting for it's life trying to close over this level or else it's going back down to the $5.56 level. I really think that's unlikely but anything is in the cards
- If you're going long right now set a tight stop loss of around 4% or mark out a support level just under neath the $6.3 one and do your own research. everybody has different risk tolerance and trading styles. i'm just here to give you confirmation bias on the trades you've already entered :)
- Sell target is $7.66 monthly resistance level marked out red on my chart
- This is a 21% move upwards, please be patient with entry on this. As always i'll keep you Premium members live in the loop on my trades
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