Today is the day when we should see a sky rocketing Bitcoin engine injection. If we won’t see it and price will keep go down we need to prepare for a new low impact.
Situation are good for a long entry. Right now my Long targets are conservative as I will update this chart in future. There is a big possibility that BTC will start another Bull run and ETC may decline via BTC. Now ETC rate is near lower trend lane. If we will break down with an impulse and cross black dot line, we are going out of this trade. Or ETC may keep...
As you can see we are still trying to breach resistance that was made on purpose. If you are on a BTC you should consider to add yours SL on an 8400 mark. If you are still waiting for a better situation u are free to wait 10100 mark for a pending buy orders. In my opinion right now this resistance level is made for taking bitcoins from a people who has weak hands...
Price must break this resistance to go further. I believe we will see strong brake out or weak price rebound. If you still did not in BTC I suggest you to wait until we will break this resistance. If you are medium range trader, do a tight stop loss for a today. If you are swing trader or long investor- bull run in front of us.
As I have mentioned before it is a right setup for a bull run. There is two ways you can use this chart. 1) As long we are going up of blue line, we are good to go. 2) If we pass blue line and we go down crossing red line, I do suggest you leave this market and simple enjoin summer. You are free to enter market any time, and if BTC will cost less, means that...
Situation is simple: We have broken downtrend resistance lines and now we are entering a new BULL run. As market still are on a Bearish sentiment we have some strong price ranges as a resistance to brake. I am adding some BTC into my portfolio from 7 k and will be adding more with every resistance we will break. Stop loss must be taken on a 5 k, if we go so much...
Situation is good and you should spare some your bag shares to get ETC into your crypto bag. If BTC will stay on FLAT or go high and start new one bullish pattern we will see new ATH of ETC before airdrop. I am on board will you? Stay tuned for an updates.
Right now there is no sign that we will come back to try breach DOWN trend. Take care on ALT’s as if BTC will do fast price fall we will see “blood bath” again.