wave gonig to moon We will wait and see ...
We have set up a triple top, enabling an inversion. Our goals are at the 38% and 50% levels of Fibonacci retraction. The other details are duly shown in the chart above.
We have set up a projection of the possible valorization movement. With the use of Elliot and Fibonacci Mathematics, we arrive at the result shown above in the chart.
Reaching main trend line, OmiseGO ready to go UP. Reaching main trend line, OmiseGO ready to go UP.
It seems tome that there is not enough Risk/Reward to trade ETC, unless a clear reversal against resistance. ETC follows behavior of ETHUSD and BTCUSD so BTCUSD trends could lead to magnified profit (30%) or loss (-65%) for mid-term holders.
Nice Head and Shoulders Pattern. Several robust indicators support this hypothesis. I am in long 5x ;)