ETC surfin' the waves [Market Geometry/EW]
ETCUSDT completed it's 3rd wave and now on it’s 4th wave can expect a retrace to the Buy Zone (resistance turned support/50% retracement); afterwards the 5th wave will begin and should rise to 1 of the 3 take profit zones; Safe traders can set their sells to first take profit zone for a quick position and riskier traders can watch it closely for closes above the take profit zones indicating an extended 5th wave. BTCUSDT should settle down today (7/13/2017) and continue upwards for a bit coinciding with the 4th wave end and 5th wave beginning.
Buy: $14.87USDT-$16.5USDT
Sell/Take profit: $18.2USDT/$20.00USDT (Emotional price level)/$21.5USDT
Stop/Loss: $14.68USDT/$15.48USDT
Timeframe: Approximately 2 days
Side note: In reference to the ETCUSDT chart posted yesterday, that chart comes into effect once this wave cycle is complete (12345-ABC)
Buy: $14.87USDT-$16.5USDT
Sell/Take profit: $18.2USDT/$20.00USDT (Emotional price level)/$21.5USDT
Stop/Loss: $14.68USDT/$15.48USDT
Timeframe: Approximately 2 days
Side note: In reference to the ETCUSDT chart posted yesterday, that chart comes into effect once this wave cycle is complete (12345-ABC)
Trade active:
Still surfin' the waves with a brew in one hand and a cohiba in the other.
Trade active:
Open long position if you haven't already; we're goin' to the sky.
Trade active:
If you missed chance to buy, lowest is $15.1USDT
Trade active:
Imo Bitcoin is very volatile it's best to wait until we find support.
Comment:
also we retested 15.8, but retraced afterward.
Comment:
Set sell to $15.2
Trade closed manually