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Helical_Trades
Apr 16, 2022 6:01 AM

ETC/USDT : Moving into a falling wedge  

Ethereum Classic / TetherUSBinance

Description

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BINANCE:ETCUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !

ETC's moving into falling wedge and now it's getting supported by the local bullish order-block at $36.
The main movement's prediction is bullish; But as BTC is getting the weekly close below $42000, It's better to have the possibilities for both side...

- Bullish Case; If we get the break-out above falling wedge, I'll locate my Long on a proper retest of higher order-block at $39, Then aim for $40.90 - $44.90 - $49.90

- Bearish Case; If we get the rejection below falling wedge, I'll locate my Short on a proper retest of mentioned order-block at $36, Then aim for $31's S/R zone/line.

Hope you enjoyed the content I created, You can support us with your likes and comments !
Attention: this isn't financial advice we are just trying to help people on their own vision.

Have a good day!
@Helical_Trades

Trade closed: target reached

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Tp reached ✅
12% profit booked 🥂😎
Comments
SmartNerd
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31$ now, you think it can go up from here ??
Helical_Trades
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@SmartNerd, Just reached out to the Tp now!
It should come with a minor bullish pivotal here...
Solldy
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The idea is interesting, but I think the second target will be closed a little earlier than indicated. Thanks for the chart!
Investroy
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All the way up
DeGRAM
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Detailed and easily understandable! Thank you
UnknownUnicorn15614419
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Nice chart!
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