ETCBTC is struggling to break above 23.6 Fib level of last drop. I expect it to pullback once again to 0.002090 and enter a small amount long trade. Initial stop loss will be set just bellow previous lowest point at 0.001965 and can be raised later. Targeting between 2.618 Fib extension from last wave from low and 61.8 Fib retrace level of last drop.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Trade active
Trade closed: stop reached:
Everything is down again ...