ETCUSD - W... X... Why...? Long

Ethereum Classic / DollarBitfinex

Description

⋅ Aug 23, 2018 2:29 PM

ETC has a similar structure with all other majors (usd pairs) after the bounce.

There is one difference though, its previous price action its way more different and there is a chance that it has completed the correction from ATH.

Currently channeling on a double zigzag combo which may even turn into a triple one depending on Bitcoin direction.

Short term bias: Bullish (with a chance of deeper retracement)

Oscillators bias: Bullish ( points to a bounce soon (TM) )
Technical bias: Bullish (Potential truncation ending the correction, very clear 5 waves up, reaction on the 0.65, sell volume declining)

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Trade closed manually

⋅ Sep 6, 2018 9:53 PM

Closing manually with a loss. I have no idea what its doing but it looks like some kind of 4th wave like everything else.

Look for a reaction at the .887 [ ~$10.65 ]