$ETC squeeze and bullish momentum has my attention

This $ETC squeeze is interesting, all indicators pointing north, we have green volume, green Heikin Ashi candles, if this was purely organic price movement I wouldn't hesitate. BUT we do have some stiff competition with bots and MM's in the space making as much money from retail traders as possible. In any case I entered a long position here with stop loss in place just under the .618 fib in case it decides to head south. TA gives us great signals, but the market can deceive and go against you. Risk management is key, minimizing losses (they happen) and maximising gains.. this is my main focus in this space.

Comment:

Im still in my position $ETC.. this is very relaxing.