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Edgy_
Aug 3, 2018 4:20 PM

ETC perfect break of Descending Triangle 

Ethereum Classic / DollarBitfinex

Description

Hey guys, hope you're doing well! :)

In this video I'm going to show you how perfectly you could've played the Descending Triangle pattern both on the Daily & on the 15 Minutes, giving beautiful 14% cumulative profits to the downside.

If you have difficulties recognizing such patterns yourself, make sure to follow me! I'm doing Daily Crypto Analyses!

About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
Comments
MSNEAD1992
i think the strong fundamentals of coinbase listing are going to (at least temporarily) crush the Technicals on this one. im long on ETC against BTC. as BTC depreciates ETC should at least hold up well in anticipation of coinbase listing.
Infinityzones
Hello, What do you think about Etc Reversal? Thanks
Edgy_
@Infinityzones, Heyho, wasn't at home today. Nice reversal! We have perfectly touched the upper trendline of the descending triangle, before correcting again. Right now in 4H equilibrium. => Break is gonna highly depend on grandpa Bitcoin
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