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Nidalas
Jun 6, 2018 3:20 PM

ETC USD and ETC BTC [MAP] 2018 Long

Ethereum Classic / BitcoinKraken

Description

Follow up of my previous idea

Relatively safe entry for a buy.
Totally dependant on bitcoin's movement and the direction it breaks out of this current big triangle/ Not expecting a huge bull either, just spot positioning in case we continue sideways for consolidation, rather than a panic wave with a big bitcoin dump.

Invalidated if we breakdown supports on daily timeframe

Order cancelled

Invalidated until we get back in the channel, or we get good signals on bitcoin

Also, ETCBTC support was breached too, so you can put your alarms back to 0.002 to be informed of potential uptrend

Comment

ETC listed to coinbase, and is back into the upchannel.
Comments
Nidalas
For the bulls, great analysis by @BethanyJoy using fractals here :

blacksea00
AMEN +
Nidalas
@blacksea00, Not if you read the instructions "Totally dependant on bitcoin's movement and breakout of triangle"



:)
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