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Ethereum Classic / Tether USD
Short

ETCUSDT Short-term Bear Run then Bull Run

By Godly
Updated
If breaks through 15.4 expect retrace to 0.318 line, and then a bounce back up. However if it finds support at the 0.628 line, can expect reversal into uptrend; possibly finding resistance at previous All time high. Prime buy points would be at the 0.318 line ($13) or the 0.628 line ($16), if unsure of which; wait for trend to get close to the 0.628 support and see if 2 candles close below it back-to-back, if closes below it safe to assume will continue retrace to 0.318 support.

[Semi Experiment because using New Technique]
Trade active
Bounced off 0.786, expecting to retest 1.0 on the fibonacci retracement.
Comment
snapshot (Fibs were backwards in OG pic)
Trade active
Bounced of the 0.618 of OG pic, if closes above diagonal white dotted line above Pitchfork, safe to assume will continue to horizontal white line above.
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Finding resistance at the current line of pitchfork
Trade active
Broke pitchfork resistance
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Strong support/resistance at top of Pitchfork.
Trade active
Bounced off 0.382, heading up.
Trade closed: target reached
Targets hit, broke out of pitchfork; New chart up soon.
Comment
New chart is up.
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