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CoinAndCrypto
Jun 18, 2018 5:03 PM

ETCUSDT: Entering at the Bottom of a Cycle Long

Ethereum Classic / US DollarBinance

Description

Ethereum Classic is a cyclic coin, ranging from $40+ at the top of its cycle and $10-$20 at it's bottom. It is currently sitting near the bottom of its cycle with confirmed upward momentum. We target prices at the 38.2%, 50%, and 61.8% of the Fibonacci extension from its previous cycle, with potential for 300% gains on a longer time frame. We recommend playing this trade safe and taking early profits while Bitcoin remains in a precarious position.

Exchange: Binance
Term: Medium Long

Buy 14.4 - 14.6
Target 1: 17.4
Target 2: 19.13
Target 3: 20.98
Target 4: 25.3

Stop Loss: 13.8


Comments
Sonerous
Is now a good entry, or BTC too unstable?
CoinAndCrypto
@Sonerous, we recommend waiting for BTC's next pull back before entering
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