Market Cap is following the 2014/2015 pattern at double speed. We are at the bottom now, will it follow the 2016/2017 pattern too? We hope that.
This is my personal opinion and this is not a financial advice!
Good trading!
And finally we have the breakout!
However I still expect the retest of the neckline of the head and shoulders and of the symmetrical triangle before the bull run.
This is my personal opinion and this is not a financial advice!
Good trading!
Why the upthrust? Where exactly is the demand coming from so suddenly....
your institution/exchange will decide when it's time to mark up. Just play the game with them.
TRADING PLAN
I noticed this opportunity on Coinbase is selling the bottom price at 5.0200 I just bought the discount. I will be executing my trading as it shows:
-METHODOLOGY/PSYCHOLOGY-
Chart Time frame: H4
Time frame: 1Day
Actions on -
A – Price rejection @ 5.0245
B – Elliott Wave Theory: Complete Berish Wave 5.
C - Market Sentiment: Bearish
D - Bullish ...
ETC have having a large time to consolidate as a real coin, great groups of developers, a real project with focus in IOT, selected dapps to run in the ETC chain, prepared to scale, immutability as vertebral column. For me and as the technical analysis shows that 20$ should be the new minimun value. Hodl and prepare to take a 100% gain.
The market cap has formed a symmetrical triangle, fortunately it is always outside the falling wedge and has retested the resistance of the falling wedge as support. There is a lot of good news and the chart is following the 2014/2015 market cap at double the speed. For me it is LONG!
This is my personal opinion and this is not a financial advice!
Good trading!
Alt Coin Analysis - Points out of 10
Date : Since 2016 ( 6 / 10 )
Volume 24 H : 30000 BTC ( 8 / 10 )
Available Markets* ( 8 / 10 )
Social Media Rate ( 7 / 10 )
Ranks **16 ( 9 / 10 )
Website ( 7 / 10 )
Type Blockchain with SmartContracts
Overall ( 8 /10 )
One of the most stable coins since this bear market- Holding satoshi value.
One of the 6 coins on ...
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