Investing strategies by pretiming
Investing position about Supply-Demand(S&D) strength: In Rising section of high profit & low risk
Supply-Demand(S&D) strength Trend Analysis: About to begin an adjustment trend as a upward trend gradually gives way to a slowdown in rises and falling...
10$ is Major Resistance zone.
It is highly likely that this zone will be reached in June, because many investors and people would like to see a price in that zone.
We can see that at this moment the price is undervalued and it is a great investment to take.
TP -- 9.90 - 10.00 $
SL -- 8.10 - 8.30 $ (Depends on your risk tolerance)
ENTRY -- 8.60 - 8.80 $
This is why we can buy ETC right now.
As you can see, ETC price pull back on fibonacci retracement 50%.
And this time price is being supported by EMA50 and EMA100.
Using Gann Fan to see target zone around 9$ (this is also a strong support on Oct-Nov 2018 )
Because price is not going above EMA200 so we have to stop loss around 4.8$.
If price comeback, we...
ETCBTC has been trending bullish since early March. We see an opportunity for a low risk, high reward trade entering in this recent pullback and bounce from its lower trend lines.
Buy: 4.6 - 4.8
Target 1: 4.9793
Target 2: 5.1367
Target 3: 5.3065
Target 4: 5.4827
I always reccomend when BTC is looking shaky to go ahead and switch your swapping to a stable coin pair, this way if BTC drops out on you your SL will pull you out entirely rather than take the drop with BTC and ETH. Indicators and technicals look good for ETC, BTC however is pushing hard resistance now so set SL = 4.66 and is tight enough. T1 = 4.85 / T2 = 4.95 /...