I have been watching ETC for the past week or so, I think it is going to make a spike and I think it is going to happen soon. Will look for an entry somewhere here between 14.50 and 15.50, get an entry on lower timeframe. My target for this is around $24.
You can play this with margin on Bitfinex. Buy some ETC and play with 50% of it on a long.
Do keep your eye on BTC incase it drops, if it does get out of the trade but keep an eye on this in the coming weeks. It only needs money to enter to get going.
Actually if you look at bitfinx homepage, you can see the cash volume on there pairs. Look for the ones where money is starting to flow in. Its a good sign for action.
Enter: 14.50 - 15.50
Target: $18 - $24
SL: $14
Zoomed out view
Nice volume spike vs BTC, I think high 20's a target vs BTC.
You can play this with margin on Bitfinex. Buy some ETC and play with 50% of it on a long.
Do keep your eye on BTC incase it drops, if it does get out of the trade but keep an eye on this in the coming weeks. It only needs money to enter to get going.
Actually if you look at bitfinx homepage, you can see the cash volume on there pairs. Look for the ones where money is starting to flow in. Its a good sign for action.
Enter: 14.50 - 15.50
Target: $18 - $24
SL: $14
Zoomed out view
Nice volume spike vs BTC, I think high 20's a target vs BTC.
Note
My timing is impeccable huh. SL hit. Good support area here if BTC turns.Note
This will be a buy area (if) BTC holds here. Thinking it will. Wish I waited 2 days. Yesterday 3.9mil vol. Today 17mil :(Note
Was my last post on this one.youtube.com/watch?v=xlCmQcRPtRg
;)
Note
vs BTC -Retest break out? - Vwap usually dont go much over it.vs USD. Again retest breakout possible buy spot. BTC depending. That goes down everything does.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.