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LisaNEdwards
Sep 2, 2018 10:41 PM

ETHEREUM CLASSIC - WILL IT FOLLOW BTC IF IT RISES?  

Ethereum Classic / DollarBitfinex

Description

Hey Everyone,

The million dollar question right now is, will ETC and other ALTs follow BTC if it rises right now?

We are starting to slowly see slight differences in the patterns over the past few months with ALTs declining and BTC increasing with both dominance and price. So if all the money pours into BTC where does that leave the ALTs? Not in a good position in my opinion.

BUT in the past week we have seen 20 billion dollars flow into the market and BTC dominance remain steady and the popcorn symphony of the ALTCoins popping has made the market happy, it is a nice place to be when everything is green... it is like Spring in Melbourne when the frost subsides and the new buds begin to blossom...

So watch the patterns here, there is a few different possible pathways in the near and not too distant future.

REMEMBER IF YOU ARE PRACTICING SAFE... TRADING ALWAYS USE PROTECTION
(minimise your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!!

<3 Lisa

DISCLAIMER:

The Legal stuff - I'm not financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons...

PS make sure you give me a like, that way you get updates as I post them.... :) <3

Comment


ETC has had a nice breakout from the triangle, it looks to have another wave higher to go - small retrace here in my opinon.

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Still climbing slowly, we should hit C wave target in next day, then it is possible to continue past

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ETC Holding Support and pattern is looking good to rise soon. Bottom is almost in

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ETC is one of my favourite coins to trade right now :)
Comments
InvestingScope
Thank you for your valuable share Lisa. Based on the bearish break out on the 1D Ascending Triangle, the next target is 9.5050:

LisaNEdwards
aalsale3
@lne, any update dear?
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