veryevilone

A tempting long.

KRAKEN:ETCXBT   ETC / XBT
A tempting long. Price is far from the 200 EMA . There is a clear triangle, maybe others are taking the oppertunity of longing here as well. If price does not break down here, more people will be bulish and robably betting on the triangle betting up. the risk vs reward seem small. However, it is an alt-coin and i have noticed whales waiting outside the triangles and channels, because people fomo and fill their orders, and THEN price start to move up, even tho triangle clearly broke out. Anyway, thats all i wanted to say. Have a nice day.
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