Wow, November a great month for everyone who was involved in finance on the bull side.
Note: Fractal on December 2nd , which is today. Lets see what it will bring. Since, I don't see any fractals for the rest of December.
How does the December is looking?
Well if you look careful at my chart, I want you to notice the similarity in the formation of the fractal...
An idea regarding Fibonacci
I believe the price within the arcs of the fibonacci circle move in waves
With 1.618 being a bearish wave in this case, with a bullish transition to another ring.
There seems to be a clear relationship between 1.618 and .618 its probably simple for someone more knowledgeable in this field which I am still learning.
Explains on chart....
Bought 10 ETC @$10.90 TAget @$30 Date Mar 12, 2021
Note: Major Pull-back...
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ETHEREUMCLASSIC ETC Possible targets for 2021
STOP LOSS: UNDER 6$
Goals 3 and 4 are less likely to be achieved.
Upon reaching each new target, the previous target should be considered as a loss limit.
Based on the my chart and TA, I would say there's been a huge volatility going on in short period of time. This can very frustrating to pick the right entrance. So I decided to show you guys the best way to get a good entrance into this cryptocurrency. The only way for you to succeed and have good entrance is patience, no doubt about it. Let's start talking about...
And we are all hearing about these "Diamond hands" as of late. Here is a simple trade involving an old classic, ETC! Trade is invalidated if diamond breaks down, however the range is now getting air tight so I suspect within the next 24 to 48 hours she will be moving to make people remember what she can do when left unattended while the defi craze continues...
ETC breaking out of the red dashed resistance trend line could push price up to re-test the resistance at 19.22
If this red dashed resistance trend line keeps ETC dipping, the Golden Fib ratio is at 11.44
More power to all your trades, my friends!
This it's the montly timeframe that I show you in Ethereum Classic. Sincerely, I do not invest in this crytpocurrency, but if you want to invest in this crytpo, you're free in your election.
For that, it's very important to know the proyect!!!
The perfect butterfly or the Phoenix rising?
ETC is a long standing project that have been dismissed by the community for some time for a good a reason.
However, when trend reverses - it does not matter what you opinion is. You jump on the train and you ride it to you determined stop.
Once again we have constructed a bullish channel to determine the future of...