P_S_trade

ETC. Global buy zone. I want to buy for 13$

Long
P_S_trade Updated   
BITFINEX:ETCUSD   Ethereum Classic
During the last month, ETC has seriously increased its volumes and well shot at Bitcoin's growth. The blue channel is a bay zone. It's hard to get into this zone; good moves start with it.
Classic froze its fall and entered consolidation. I am waiting for 2 scenarios:
1) A small correction in the price zone of 14.75 - 15.5 $
2) Test of the bottom of the channel 12.8-13. $
Targets:
1) $ 20-22
2) $ 28-30
Comment:
Classic has punched the channel of the global bail zone and is now consolidating on the trend line. ETC is growing on fork news. Therefore, I am still waiting for his correction, because the classics love to fall before the forks.
Comment:
The beginning of ETC fall . test the price zone 16.7-17.4. Then I see two options:
1) the return of the price to 18-18.2 $ and then down to 14.8-15.4 $
2) break through 16.7-17.4 $ now and go to $ 14.8-15.4 $
Comment:
we go to the first target.
Comment:
For the $ 15 test, you need to break through the green line, which is local buyer`s support. Now we are moving in the local red channel, the bottom of which is $ 14.7
The global blue channel made it less noticeable for placing emphasis.
if we do not test the green line - then there is a chance to go up the red channel. Therefore, to continue the fall, sellers should not allow buyers to be locked above the zone 16.7-17.4 $
Comment:
ETCs are trading around the global black trend line and at the hihg of the global buy zone. Volumes fall proportionally, the price increases proportionally. To break through the buy zone and the black trend line will require a lot of volume. Therefore, I continue to wait for the fall of the ETC. Goals $ 15 and $ 13
Comment:
ETC are more likely to fall than grow now. If we try 18.4-18.5 - then the first stop is 20-21, after which the correction can go into the long to 23 $ and 28 $. But more realistically falling.
Comment:
Sellers are breaking the blue trend line and the price zone 16.7-17.4 now. If sellers do not surrender - the next stop is 15-15.5$
Comment:
The targets are the same
Comment:
Changed the picture for ETC. I think he is more accurate than the previous one. The goals are the same. Create a new idea today, here is a piece of the idea.
Prolonged consolidation. it remains to wait.
Comment:
ETC I am waiting for it on 13.3-13.8. It will then be seen if there is still potential for falling below.

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