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dylanlobo
Jun 19, 2017 10:42 PM

ETC Triangle & Cup and Handle Long

Ethereum Classic / BitcoinKraken

Description

ETC seems to be in a triangle and a cup and handle. Might BO soon, look out for it.

Trade closed: stop reached

Sadly, we're gonna have to wait a bit longer until any big moves happen.
Comments
HondaJr
Hi,great analysis. I also thought it would be cup and handle breakout..I think cup and handle is not working this time, why do you think it didn't work this time?
dylanlobo
@HondaJr, Too much selling is happening.
HondaJr
@dylanlobo, Hum, so we cannot always trust the charts then..
dylanlobo
@HondaJr, Sadly, we cannot always.
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