Long

ETCBTC the really popular ETCBTC setting up again, read details

Updated

ETCBTC D on Bittrex

Hey Followers, Good news the ever popular ETC is on the move again. If you missed out on the earlier trade, here is another that should provide for you. Its just going through the levels our old 4H trade would have entered and we will have a Daily entry soon.
Our recent 4H trade didn’t get entered but much of that analysis remains true with price crossing back above the important 0.00319 level (Red Horizontal Line). We can see has also come back and perfectly tested the 20 EMA (Blue Line) and powerful 61.8 Fib retracement level (Overlaid).

We currently have a bullish decisive candle and if this remains when it closes I will buy the break of the top of it.

Entry is Buy the top of this candle after close
Stop loss 0.00300
Targets just before the blue lines at 0.00380, 0.003679 and 0.00419

To make money your decisions need to make sense. This is a Daily chart trade, I think we will soon get entrirs on 4h and H charts as well. Don’t rush in, let the picture become clear and then enter

Trade active

Congratulations traders, we are in profit on this trade and moving nicely.

On way to target 1, I will keep you all updated across this movement.

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Please make sure you bank Profit as we have reached Target 1

Trade active

Target 1 has been achieved on way to target 2 and looking strong for target 3.

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ETC is looking strong volume on Bittrex and Binance has doubled over the previous 4 hours.

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Moving very nice we just had a pull back and should continue on the upward trend.

Still many people entering at this level as the volume and order books are growing, I would expect to see a nice high throughout the day.

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Great news as we pass our second Target and bank even more Profits. D&Ss giving you TA you can use

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Is there an H chart Entry coming?

Its Great to see our 0.00319 hold on the daily chart for ETCBTC.

We currently have a Trading opportunity setting up on the H chart.
Its a classic ABC pattern based of the 0.00318 level (The Red Line), as well as the 38.2 Fib Retracement of the previous move (Overlaid), and 20 EMA.
It follows the recent success crossing of the EMAS 20 above, 50 above 200, a strong bullish signal.
Before we can trade we need a strong Bullish bar (one closing close to the top).
When we get that we can buy the high of the bar, with SL below the bar and the 0.00318 level.
Our first Target is just before the blue line at 0.00350, i will advise further targets.

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Heading towards Target 1 on this one as well

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Congratulations Target 1 should be banked ON ETCBTC as well, Here are Additional Targets

Targets are just BEFORE my Blue lines

Target 2 0.00353
Target 3 0.00400

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So we have hit our second Target, Please bank some more profits. Its important to keep banking on all trades while BTC heads to resistance.

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Volume is dropping make sure you bank some strong profits at target 2.

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We are currently testing previous highs (Green dotted line) and are looking for a break before we head towards our third target.

DollarsAndSense

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